Translator RO-EN
Loredana Frățilă-Cristescu
- Fields
- Companies, Capital Market, Retail&Consumer
- Writing for ZF since
- 2011
- Articles
- 9.761
Seroussi Plants’ Revenue Up 30% Since 2008
The apparel plants of the Sudanese-born businessman Joseph Seroussi saw their revenue increase by 30% during the crisis to 130.8 million lei (EUR29.8 million) last year, while the number of...
OBI Leaves Romania, Makes Room For Toy Retailer Jumbo To Move In
German-held do-it-yourself retailer OBI, which entered Romania in 2008, is getting ready to leave the market where it operates seven stores that generated only EUR37 million sales last year.
Miele Appliances Romania Expects 50% Sales Growth In 2014
Miele Appliances, the home appliances company, estimates growth of 50% in revenue to almost 13 million lei (EUR2.9 million) for 2014 after a slight decline last year for the first time since...
Top 20 Construction Material Producers Posted EUR1.2B Revenue In 2013
The 20 largest companies in the construction materials business ended 2013 with EUR1.2 billion revenue, an increase of 4% on 2012. Only five Romanian entrepreneurs made it into the top 20, w...
Ice Cream Market Up 11% In 2013
Each Romanian consumer bought 22 ice creams in stores last year and paid EUR11 (about 50 lei) for them. The best-selling ice cream types were the impulse buys (cones and popsicles), accordin...
Praktiker Set To Hire 400, Open New Stores
Turkish-born businessman Omer Susli, who in February reached an agreement to buy do-it-yourself retail chain Praktiker in Romania, says the 27 stores generated almost 10 million lei (EUR2 mi...
Transelectrica Stocks Up 90% In One Year. Can They Still Climb?
The shares of national grid company Transelectrica (TEL.RO) have drawn the attention of investors lately, driving the price up by more than 20% in the past month and by almost 90% in the pas...
20 Most Debt-Laden Malls Owe EUR2B
The 20 most debt-laden shopping centers in Romania owe EUR1.9 billion together, ten times the revenue they posted last year, due to the high loans they took out during the boom days of the l...
Stalinskaya Vodka Exports To Increase Five-Fold By 2017
Stalinskaya vodka brand, produced in a plant near Bucharest, will see more than 500,000-liter exports this year, compared with 100,000 in 2012 and the volumes shipped abroad might exceed sal...
MedLife Continues Investment In Large Clinics
MedLife, the largest private medical service provider in Romania, will continue investments by opening large clinics in Constanta and Cluj-Napoca this year, while plans for 2015 entail addin...
New Car Dealers Compete With Dacia On Export Market
Up to 5% of the new cars registered in Romania every month are deregistered in a matter of days from registration and reexported, mainly to the Western European market, Driver License and Ve...
Louis Dreyfus Returns To Romanian Grain Trade
French-held Louis Dreyfus group, one of the four largest grain traders in the world, has returned to agricultural trade in Romania after winning a $15.7 million auction to supply 60,000 tons...