Translator RO-EN
Loredana Frățilă-Cristescu
- Fields
- Companies, Capital Market, Retail&Consumer
- Writing for ZF since
- 2011
- Articles
- 9.761
Rise In Leu Lending Unable To Offset Decline In Foreign Currency Loans
Bank lending fell by almost 4% year-on-year in June, double as much as in May, due to the worsening decline in foreign currency loans and the slowdown of the growth of leu financing.
Ubisoft To Hire At Least 100 More People In Romania By Yearend
Video game developer Ubisoft Romania, which has been operating in this country for more than a decade, wants to recruit 10% more people this year than it did in 2013, keeping the headcount g...
IKEA Sales Overshoot EUR3,100 Per Sqm
Furniture retailer IKEA posted more than EUR3,100 in sales per square meter last year, an increase of 7% on 2012. The company has only one store in Romania, in the Baneasa shopping area in n...
Romanian Wheat Price Down To Four-Year Low
The wheat price fell to less than EUR150/ton in mid-July, the lowest price for this time of the year in four years due to the bumper crops in Romania and in the EU countries.
Former Poiana Candy Plant One Step Closer To Demolition
Mondelez Romania, the owner of the Poiana chocolate brand, got the approval of the National Environment Protection Authority via Dorin Dinca, regional expansion manager of Lidl Discount, to...
High Expenses Keep Insurers In The Red
Insurance companies are paying 72% of a year’s gross written premiums to their customers in claim settlements, and their operating expenses amount to 42% of their revenue, which means revenu...
Software Developer Arobs Estimates 30% Rise In Headcount In 2014
Software solutions provider Arobs based in Cluj-Napoca, NW Romania, expects the number of employees for its software services division to increase by 30% this year.
Holcim: Some Buyers Want To Buy All Assets Up For Sale
The assets that the construction materials groups Lafarge and Holcim want to sell internationally to be able to merge have drawn the interest of 100 potential buyers and some of them want to...
Bucharest Markets Tested Again
The financial markets in Bucharest are under slight pressure again, following the escalation of the conflict in Ukraine and the renewed apprehension of the international financial markets, s...
Betty Ice Producer: August Decisive For This Year’s Sales
The mostly rainy weather in the first half of the year caused a decline by as much as 20% in the sales of ice cream compared with the year-ago period, says Vasile Armenean, owner of Betty Ic...
20 Companies Rented 74,000 Sqm Of Office Space In H1
The 20 largest office space rental deals in Bucharest in the first half of the year were signed for about 74,000 square meters, or 3.5% of the 2.1 million square meter stock in the city, acc...
OTP Close To Buy Millennium Bank Romania
OTP Bank, the local branch of the largest Hungarian financial group, is one step away from completing talks with Portugal’s Millennium to buy its Romanian subsidiary. The move would allow it...