Translator RO-EN
Loredana Frățilă-Cristescu
- Fields
- Companies, Capital Market, Retail&Consumer
- Writing for ZF since
- 2011
- Articles
- 9.761
Romania's Retail Sales Go Up, But Tax Revenues Go Down
Retail sales rose 9% on the year in February, reaching a two-year high, but tax collections to the state budget did not increase as a result.
Share Of Gas Imports In Romania’s Consumption Down To Single-Digit Levels
Natural gas imports are set to account for a single-digit share of this month’s natural gas consumption, with 2% allocated to the household and 4% to the non-household consumer mix.
Anchor To Soon Start Remodeling Of Its Bucharest Shopping Malls
Real estate developer Anchor Grup, which owns the first two malls built in Bucharest, Bucuresti Mall and Plaza Romania, will begin remodeling of the latter in about a month.
Ernst & Young Looking For Buyer For Cable TV Service Provider AKTA
Financial advisory firm Ernst & Young (EY) has been hired by private equity firm Pinebridge to find a buyer for Digital Cable Systems (DCS), a cable TV, Internet and landline phone service p...
Romtelecom Hires KPMG To Appraise Its Real Estate Assets
Romtelecom, one of the largest telecom operators in Romania, has chosen audit and advisory firm KPMG to appraise its real estate assets throughout the country. Romtelecom owns almost two mil...
VCST Automotive Production Alba Iulia Expects EUR10M Revenue In 2014
Belgian-held automotive component manufacturer VCST Automotive Production Alba expects EUR9.6 million revenue this year, ten times higher than in 2013, fueled by rising demand from existing...
Stephane Batoux Leaves Coca-Cola HBC Romania After Only Two Years At The Top
Stephane Batoux, the French executive who has been for two years running the operations of the Romanian Coca-Cola bottler, the largest company in the soft drinks industry in the country, is...
DIY Retailer Dedeman Sales Overshoot EUR600M Mark
On a do-it-yourself market where Praktiker and Bricostore changed owners and BauMax and OBI are planning to leave, the Paval brothers took Dedeman to over EUR600 million revenue.
NATO Accession In 2004 Put Romania On Investors’ Radar
Romania’s accession to the North Atlantic Treaty Organization (NATO) on April 2 ten years ago turned out to be very important for the Eastern European country's economy, not only for its sec...
Top Brands Distribution Looking For New Clients, But Does Not Rule Out Bankruptcy
Fast moving consumer goods distributor Top Brands Distribution, number two in its line of business in 2011, went insolvent after losing its sole client, cigarette producer Philip Morris.
Romania Ranks First Worldwide By Car Production Growth Rate
The increase in car production at both Dacia’s plant in Mioveni and at Ford’s plant in Craiova placed Romania on the top spot among the countries with the highest car production growth rate...
Finance Minister Unhappy With Tax Collection Level, Pledges Harsh Measures
Tax collection in the first three months of the year ‘was unsatisfactory,’ said Finance Minister Ioana Petrescu on ZF Live business show Monday, therefore, the minister announced “some very...