Translator RO-EN
Loredana Frățilă-Cristescu
- Fields
- Companies, Capital Market, Retail&Consumer
- Writing for ZF since
- 2011
- Articles
- 9.761
Arabesque 2013 Revenue Down 3% On Year To EUR340M
Romanian construction material distributor Arabesque held by businessman Cezar Rapotan posted revenue of EUR340 million on its home market last year, 3% lower from 2012, while its net profit...
CDS Level Shows Romania Has Overcome The Crisis
Foreign markets no longer see Romania as a high risk investment, so the credit default swap level has stabilized at about 150 basis points in the past week after five years of crisis when Ro...
Energomontaj To Use Estonia As Springboard Into Scandinavia
Romanian-held Energomontaj SA, a company specializing in installation and maintenance services for power plants, will try to get as many contracts abroad as possible, after export generated...
Recruitment Firms Say Labor Market Is Picking Up
The leaders of the largest recruitment and temporary personnel leasing firms in Romania are optimistic about the trend in the number of jobs, and the rebound reflects in revenue and double-d...
Bucharest's Liberty Center Has Only 50 Stores Left
The Liberty Center mall in southwest Bucharest district Rahova, an about EUR70 million investment completed at the end of 2008, is still ailing two years after its creditors, Alpha Bank, Eur...
Three Major State Companies Face Big Management Problems
Only one month from his appointment as general manager of freight rail carrier CFR Marfa, Dan Valentin Belcea, the second private sector manager of the state-owned company announced his resi...
How Google Explains Low Revenue In Romania
The difference between lower revenue reported by Google on several European markets, including Romania, and the amounts paid by companies in those countries, according to advertising agencie...
Govt Encourages SMEs To Invest, SMEs Say They Need Funding To Compete With Multinationals
The rebound in consumption in the first few months of this year and the industrial output increase by more than 10% in the first quarter are the most important signals that Romania has overc...
Leroy Merlin Puts Head Of Turkish Subsidiary In Charge Of Romanian Operations
French executive Frederic Lamy, who has been running Leroy Merlin’s group operations in Turkey since 2009, will be sent to Bucharest to become general manager of the local subsidiary, which...
ArcelorMittal Galati Number Of Employees Down By 1,000 In 2013
Steel plant ArcelorMittal, the main employer in Galati, a county with an almost 10% jobless rate, continued in 2013 the harsh restructuring steps that it started upon privatization.
Dacia Overtakes Petrom With Almost EUR4.2B Revenue in 2013
Automobile Dacia posted 18.4 billion lei (EUR4.15 billion) revenue in 2013, an increase of 45% on 2012 and the best result ever for the automaker in Mioveni, southern Romania, which saw a re...
Ikea Becomes Highest-Grossing Restaurant In Romania
Ikea Food, the division that includes the restaurant, the bistro and Swedish deli operating inside the company’s store in Baneasa, northern Bucharest, ended fiscal 2013 with almost 33 millio...