Translator RO-EN
Loredana Frățilă-Cristescu
- Fields
- Companies, Capital Market, Retail&Consumer
- Writing for ZF since
- 2011
- Articles
- 9.761
Ford: Decline In B-Max Sales Not As Serious As Expected
B-Max, the mini multipurpose vehicle (MPV) assembled by Ford at its plant in Craiova (southern Romania) is doing better than the company expected, says Joe Bakaj, vice-president of product d...
Furniture Sales In Romania Halved In 2008-2013
The total revenue of the companies in the furniture retail business stood at EUR623 million last year, half the 2008 level. The furniture sector, just like the entire durable goods industry,...
Athenée Palace Hilton Gets EUR8 Million Makeover
Athenée Palace Hilton five-star hotel, one of the landmark buildings of Bucharest, will have all its 272 rooms fully renovated, following a EUR8 million investment starting next year.
PostMaster Sees Higher Than Expected Growth In January-August
PostMaster, a company of the Austrian Post Group, which provides postal services and delivers advertising material to mailboxes, posted growth of 17% in revenue to about EUR6.3 million in th...
Banking Sector Capital Doubled In 2008-2013
The banking sector received capital injections of about 12 billion lei (EUR2.7 billion) in 2008-2013, as 28 local banks analyzed by ZF had almost RON25 billion share capital in December last...
Ghosn: We Might One Day Build A Renault Model In Mioveni
Carlos Ghosn, chairman and chief executive officer of Renault-Nissan Alliance, says the Automobile Dacia plant in Mioveni, southern Romania, might one day build a Renault model, not just Dac...
NBFIs To Start Offering Loans For EU-Funded Farming Investment Projects
Non-bank financial institutions (NBFI) will start selling loans next year to farmers looking to get EU funds for their investments under a new EU agriculture funding program. The EU funds av...
Footwear Manufacturer Ara Shoes Has More Than 160 Partner Stores In Romania
Germany’s ara Shoes, which makes more than EUR50 million worth of shoes in Romania, does not have its own retail stores on this market, relying instead on more than 160 partner stores, the c...
Romania’s Largest Furniture Maker Expands Into Retail
Romania’s largest furniture manufacturer, Baia Mare-based Aramis Invest, has expanded into furniture retail by opening a store in the Gold Plaza mall in the city. A second store is due for o...
Romania’s Central Bank Takes Three Monetary Policy Easing Steps At Once
The lower than expected economic growth, the low inflation level and still depressed lending activity, as well as the decision of the European Central Bank to cut monetary policy rate to an...
CNAS: We Need More Private Insurers To Take On The Risk
There should be more companies providing medical insurance, so the healthcare sector would get more money, Vasile Ciurchea, chairman of the National Health Insurance House (CNAS) said at the...
Outsourcing Companies Need Sufficient Workforce Before Deciding To Invest
Companies in the outsourcing industry, a market with a 20% to 30% growth pace in the last few years, decide to invest or expand operations in Romania only if they have sufficient well-traine...