Translator RO-EN
Loredana Frățilă-Cristescu
- Fields
- Companies, Capital Market, Retail&Consumer
- Writing for ZF since
- 2011
- Articles
- 9.761
Deutsche Bank Clears Another EUR440M Of BCR’s NPLs
Deutsche Bank has bought from BCR a new set of non-performing loans with a face value of EUR443 million for which it paid about EUR28 million, market sources said. BCR did not comment on the...
Five Years Of Crisis In Energy Industry: Where Did 42,000 People Go?
The energy sector, from coal mining to the sale of fuel in gas stations, is an about 136 billion lei (EUR30 billion) business, according to ZF’s calculations based on Trade Registry data.
Orange Expects Data Traffic To At Least Double In 2015
Orange, the leader of the local mobile telephony market, expects Internet traffic in its network to at least double next year compared with 2014, as a result of the rise in the number of sma...
75% Of Tiriac’s Stejarii Apartments Rented For EUR1,000 To EUR6,500/Month
Clubul Rezidential Stejarii (Stejarii/Oak Trees Residential Club) developed by businessman Ion Tiriac in the Baneasa Forest in northern Bucharest has reached 75% occupancy, four years from c...
2014 In Review: Ten Most Important Events In Dairy Industry
The Romanian dairy market, with annual sales of more than 4.4 billion lei (EUR1 billion), showed signs of a rebound this year, as consumption went up 1% in the first half.
2014 In Review: Ten Most Important Events In Wood And Furniture Industry
The wood and furniture sector, a business of almost 30 billion lei (almost EUR7 billion), was shaken by an illegal forest restitution scandal involving influential politicians, but the reven...
Sales Of Electric Cars May Reach 100 Units In 2015
Electric car sales are expected to surge from several units to several dozen or even 100 in Romania in 2015, as Volkswagen enters the segment.
Intersport Enters 2015 With 28 Store Network, Plans One More Opening
Sporting goods retailer Intersport, which has recently returned with a store in downtown Bucharest in Piata Unirii after three and a half years, will enter 2015 with a network of 28 stores a...
Stefanini To Hire More Than 200 People In 2015
Stefanini Romania, the local provider of IT support services of the Brazilian group by the same name, plans to increase headcount by 20% until the end of next year.
Reason Behind Volksbank’s Departure: RON1.75B Loss In Four Years
The local subsidiary of Volksbank, which Banca Transilvania (TLV.RO) acquired this week, posted more than 1.75 billion lei (about EUR400 million) losses in the last four years due to sour lo...
Hidroelectrica Mulls Buying Hydropower Plants In Neighboring Countries
Romania’s largest electricity producer is in talks to buy some hydropower plants in the neighboring countries, Remus Borza, the court-appointed trustee of the insolvent company, announced on...
2014 In Review: Ten Most Important Events In Soft Drinks And Bottled Water Industry
The decline in soft drinks and bottled water consumption over the last few years continued in 2014, and the bad weather caused sales slump even for the largest companies on the market, as we...