Translator RO-EN
Loredana Frățilă-Cristescu
- Fields
- Companies, Capital Market, Retail&Consumer
- Writing for ZF since
- 2011
- Articles
- 9.761
China’s State Grid Corporation Interested In Enel’s Romanian Assets
China’s State Grid Corporation, the world’s largest electricity distribution company, is interested in buying the electricity business Italy’s Enel has for sale in Romania.
Orange Romania Expands Wi-Fi Network From 400 To 1,000 Access Points
Orange Romania, the local mobile communications market leader, plans to boost the number of Wi-Fi Internet access points installed throughout the country by the end of next year, Development...
Franchised McDonald’s Restaurants Outperform Directly Operated Ones
The franchised McDonald’s restaurants ended last year with average revenue of 7.3 million lei (EUR1.64 million), more than 6% higher than the revenue of a restaurant operated directly by the...
1,200 Companies Generate Half Of Turnover Of All Companies In Romania
A total of 454,000 active companies posted turnover of EUR250 billion in 2013, with the top 1,200 accounting for half of that. Net result from profits and losses stood at more than EUR4 bill...
Electricity, Gas And Fuel Consumption Down In 1H
Romania used 3.2% less electricity in the first half, as well as 4.7% less natural gas and almost 3% less fuel.
Farmacia Tei To Open New Retail Pharmacy By Yearend
Farmacia Tei, a company that posted almost EUR14 million sales with only one retail pharmacy last year, is considering expansion by opening a new such store in Bucharest’s district one or th...
Austria’s VIG Gets Tired Of Losses, Moves To Harsh Restructuring Steps In Romania
Austrian insurer Vienna Insurance Group (VIG), which owns Omniasig, Asirom and BCR Viata in Romania, wants to put an end to its losses on the local market and decided to implement a set of h...
Carturesti Sells One Million Books, Posts EUR11M Revenue
The 16 bookstores of the Carturesti chain, a business started in 2000 by two Romanian entrepreneurs, Nicoleta Dumitru and Serban Radu, sold one million Romanian and foreign books and posted...
More Than 100,000 People In Romania's Cities Move To Rural Areas Each Year
Urban stress, crowding and insufficient income are putting increasingly more pressure on the generation aged 35 to 50, which is trying to escape such city dwelling burdens.
Agricola Bacau Starts Grain Farming To Keep Feed Costs Under Control
Agricola Bacau, one of the four largest meat-processing businesses in Romania, is taking the first steps towards grain farming by working more than 2,000 hectares of farmland.
Burger King Contemplates Second Try In Romania
US fast-food restaurant chain Burger King, which operates more than 13,500 restaurants worldwide, will send a delegation to Bucharest this fall to look at the market again in view of a reent...
MOL Romania To Continue Expansion, CEO Says
The takeover of the 42 Agip gas stations that Italy’s ENI had in Romania helped Hungarian-held MOL consolidate its position in the south of the country and expansion plans will continue, say...