Translator RO-EN
Loredana Frățilă-Cristescu
- Fields
- Companies, Capital Market, Retail&Consumer
- Writing for ZF since
- 2011
- Articles
- 9.761
Three Banks Prepare RON760M Bond Issues
Three local banks, Raiffeisen, Pro Credit and Garanti, are preparing 760 million lei (EUR170 million) bond issues to be listed on the Bucharest Stock Exchange.
Levent Yuksel To Supervise PepsiCo Operations In 14 Countries
PepsiCo’s vice-president general manager for East & West Balkans Levent Yuksel has been appointed to the same position for the Greater Balkans and SEE Franchise area, which comprises 14 coun...
ABC Data Wants 8% Market Share For Colorovo Tablets In 2014
Polish-held ABC Data, the largest IT&C distributor in the region, which entered Romania directly at the beginning of the year, will exclusively supply brands available in Central and Eastern...
Pfizer Puts Former Lehman Brothers Investment Banker In Charge Of Romanian Business
US-based Pfizer, the fifth leading pharmaceutical company on the local market, has appointed Nolan Townsend as country manager for Romania. He replaces Gregory Reeder, who was promoted to ma...
Raiffeisen Bank Comfortable With Provision Level, CEO Says
Raiffeisen, the most profitable bank in 2013 thanks to its 458 million lei (EUR103 million) net income, feels comfortable with its provision level, says Steven van Groningen, chief executive...
Major Electricity Consumers To Save EUR40M If Romania Enforces Green Power Subsidy Cut
The major electricity consumers could save about EUR40 million in 2014 if the government adopts a decision to cut the green power subsidies paid by energy intensive industrial companies.
VeriFone: Battle For Growth From POS Deployment No Longer Fought In Bucharest
VeriFone, one of the world’s leading providers of technology for electronic payment transactions, plans to expand its Romanian presence and increase the number of POS terminals installed out...
Anholt Investment Pays EUR11M For 6,000-Ha Farmland In Romania
U.S. investment fund Anholt Investment is expanding into the Romanian agricultural sector by buying the Agraria Nord and Arland farms in Botosani County (northern Romania), which jointly hol...
Romanian Hora Plant Sells Ukulele To Americans And Balalaikas To Russians
Started as a small workshop with several people making musical instruments in 1951, Reghin-based Hora has become a modern industrial company in its own right and even helped found new musica...
NBFI Market Lost RON6B Worth Of Loans In Four Years
The stock of loans granted by non-bank financial institutions (NBFI) has shrunk by almost 6 billion lei (EUR1.34 billion) or 25% to RON18 billion from the end of 2009 through February 2014,...
Nuclear And Hydropower Investments Buried Under Tons Of Feasibility Studies
Romania’s largest electricity generation company, Hidroelectrica, signed a EUR44,000 deal this February to have the feasibility study on the Tarnita-Lapusesti hydropower plant, a EUR1 billio...
Budget Minister Says Sovereign Rating Upgrade On The Way
Having just returned from a trip to Washington where he met with the officials of the S&P and Moody’s ratings agencies, Budget Minister Liviu Voinea says chances are Romania will get a ratin...