Translator RO-EN
Loredana Frățilă-Cristescu
- Fields
- Companies, Capital Market, Retail&Consumer
- Writing for ZF since
- 2011
- Articles
- 9.761
Danish BPI Buys Four Companies Of Romania's Macromex Group
The Macromex group, the largest local frozen product distributor controlled by Romanian entrepreneur Dan Minulescu, has sold four of its companies to Denmark-based BPI and Westcon, according...
Major Energy Companies Threaten To Halt Investment in Romania
Executives of utility companies say they are reluctant to continue to invest in Romania after two legislative changes in two years that shook their confidence in the long-term profitability...
Inter IKEA: We Hope To Buy Another Plot Of Land In Bucharest In 2015
Vastint Romania, the real estate arm of Inter IKEA, has started work on office buildings on the former site of the Timpuri Noi plant and is looking at other potential acquisition targets as...
Star Transmission Joins Big League Of Romania’s Exporters
Star Transmission, the Daimler AG unit that makes transmissions for Mercedes-Benz cars in Sebes, entered the top 100 exporters in Romania straight on the 32nd position last year, according t...
Elimination Of Coffee Excise Duty Might Drive Consumption Up
If the government drops the coffee excise duty that starts at EUR153/ton and is one of the steps included on its fiscal relaxation list, the move will be good for market, say the officials o...
Beer Market Back To 2005 Figures After 5% Sales Decline Last Year
Beer sales shrank by 5% to 16 million hectoliters (1.6 billion liters or 3.2 billion 0.5 liter beer cans) last year, the worst decline the market has seen since 2009, ZF has calculated based...
UPS Relies On SME Contracts For Growth In Romania
US global package delivery company UPS will rely on shipping and logistics contracts with small and medium-sized enterprises for growth in Romania in 2015, says Tim Helsen, UPS country manag...
Gran Via Completes 170 Apartments, Starts Two New Buildings Near Plaza Romania
Spanish Gran Via group will complete work on two buildings with 170 apartments, part of the Timisoara 58 complex in the west of Bucharest, in May.
U.S.-Held ADP To Hire More Than 400 People For Its Bucharest Center
US-held Automatic Data Processing (ADP), one of the largest global human resources management and outsourcing service companies, plans to hire more than 400 people in its center in Bucharest...
Aramis Invest Beats Interagro To Top Spot Among Romanian-Held Exporters
Furniture manufacturer Aramis Invest (Maramures County, northern Romania) became the largest privately held Romanian exporter, beating Interagro, according to a ranking compiled by ZF based...
OMV Petrom And Exxon Find New Gas Reserves In Black Sea
OMV Petrom (SNP.RO), Romania's largest oil and gas company, and US’ ExxonMobil have found a new gas deposit, following the drilling of the third exploration well in the Neptun block in the B...
State-Run Companies’ Debts Account For Almost Half Of Their Revenue
The debts of state-run companies account for almost half of their revenue and most of the money is owed to the state budget.