Translator RO-EN
Loredana Frățilă-Cristescu
- Fields
- Companies, Capital Market, Retail&Consumer
- Writing for ZF since
- 2011
- Articles
- 9.761
Banking System Reverts To Pre-EU Accession Situation
The value of private lending, as share in the gross domestic product, has returned to 2007 levels in Romania, and is on the way for further declines.
92,000 Square Meters Of Office Space Delivered In Bucharest In H1
Investors completed office buildings with a 92,000 square meter lettable area in Bucharest in the first half, but about half of the space has not found tenants yet, ZF has found from market...
Laundry Detergent, A EUR240M Business Split Among International Giants
Romanians spend EUR230 million to EUR240 million on laundry detergent a year and more than 75% of that spending goes to international giants like Procter&Gamble (Ariel, Tide, Bonux), Unileve...
GSP Consolidates Position In Mexico
Grup Servicii Petroliere, the flagship company of the Upetrom group of Constanta businessman Gabriel Comanescu, is consolidating its position in Mexico, where it sent three offshore drilling...
Romania's Statistical Unemployment Anomaly
Romania has a jobless rate of only 7%, despite having less than a third of its population employed (6 million people informally or legally employed, at a population of 20 million), while Spa...
Cora Halts Expansion In Romania
French retailer Cora, which operates 12 hypermarkets in Romania, has halted expansion in the country because shareholders are unhappy with its performance, market sources say.
Kenvelo Takes Brioche Doree To America House
Brioche Doree, the coffee shop brand introduced by the shareholders of the Kenvelo group and a French partner in Romania, will replace the Haagen Dazs ice cream and coffee shop on the ground...
Mariana Diaconescu Leaves Asirom Following EUR54m Loss
Austrian insurer Vienna Insurance Group (VIG), the majority owner of Asirom, has decided to replace Mariana Diaconescu as chairperson of the managing board after three years on the job. The...
The Most Expensive Foreclosed Assets Up For Sale
The five most expensive properties put up for sale by BCR, BRD, Banca Transilvania and Raiffeisen Bank on their websites have starting prices of almost EUR50 million.
Craiova In The Cards For Ford's SUV Assembly
The plans of US carmaker Ford to significantly boost sales of sport utility vehicles (SUV), one of the most dynamic segments of the auto market, could bring up again the idea of having the E...
Closure Of Timisoara Hub Drives Carpatair Revenue Down 40%
Carpatair, an airline gone insolvent early this year, posted 148 million lei (EUR33.7 million) revenue last year, down 40% on 2012, and RON26 million loss, according to the Finance Ministry...
Top 20 Employers Fired Almost 5,000 People Last Year
The 20 largest employers in Romania laid off almost 5,000 people last year. Those whose number of employees increased are retailers Kaufland, Dedeman and Mega Image and telecom operator RCS&...