Translator RO-EN
Loredana Frățilă-Cristescu
- Fields
- Companies, Capital Market, Retail&Consumer
- Writing for ZF since
- 2011
- Articles
- 9.761
Robert Arsene Steps Down As Agricover General Manager
Robert Arsene, one of the best-known executives of the local agribusiness sector, will soon step down as general manager of the Agricover group.
Only Four Out 11 Segments Grew Faster Than Overall Auto Market In Jan-Oct
Out of the 11 segments of the local auto market, only the luxury, subcompact, compact SUV and compact car segments saw a higher growth rate than the entire market's, 24%, in January-October...
FrieslandCampina: Lower VAT On Food Would Help Economy
A lower VAT on dairy products, meat and other foods would have a positive impact on the local economy, since Romanians spend as much as 50% of their income on food, says Cornel Caramizaru, s...
Surprise Q3 GDP Growth Takes Romania's Economic Growth Close To 3%
Economic growth was close to 3% nine months into the year compared with the same period of 2013, following the surprising increase in the gross domestic product in the third quarter largely...
Largest State-Run Energy Companies Sit On RON7.7B Cash Reserves
The five largest state-run listed energy companies have 7.7 billion lei (EUR1.7 billion) cash in their accounts, more than one third of their market value.
The EUR100 Million Day
The Black Friday sales campaign introduced in Romania by online retailer eMag three years ago and conducted on Friday will generate record sales of more than EUR100 million this year for the...
Oil Terminal Seeks Plan B To Survive Without Its Main Client, Lukoil Refinery
State-run harbor operator Oil Terminal (OIL.RO) wants to develop as a center of oil and fuel trade in the Black Sea region, in an attempt to boost the business that has been flat for four ye...
Construction Works On ParkLake Shopping Mall Set Off
Portugal’s Sonae Sierra and Ireland’s Caelum Development have chosen the builder of the ParkLake Plaza shopping mall in Titan district in eastern Bucharest, which has been installing cranes...
Top Three Mobile Operators Lost EUR40M Revenue In Q3
The three largest mobile communications companies in Romania--Orange, Vodafone and Telekom Mobile--lost almost EUR40 million revenue in the third quarter compared with the year-earlier perio...
Beer Sales In Romania Down 7% In January-September
Beer sales in Romania fell 7% in the first nine months of 2014, continuing the downward trend of 2013 and of the first half of the year, due to unfavorable weather. Not even the soccer World...
Eastern Europe Readies Pipeline Investments For Black Sea Gas
Oil companies from U.S. to Russia have rushed to the Black Sea lured by the prospective deepwater hydrocarbon deposits and the promising results of the surveys and drills did not go unnotice...
Certinvest Wants To Raise EUR5M On Stock Market To Fund SMEs
Asset manager Certinvest, the largest independent investment fund manager in Romania, plans to raise EUR5 million via an investment firm listed on the stock market and use the money to finan...