Translator RO-EN
Loredana Frățilă-Cristescu
- Fields
- Companies, Capital Market, Retail&Consumer
- Writing for ZF since
- 2011
- Articles
- 9.761
Four Out Of Top Ten Banks In Romania Gained Market Share In 2013
Lending market shrank by almost 5% in 2013, but Banca Transilvania (TLV.RO), UniCredit, Raiffeisen and ING continued to boost portfolios, while the leaders of the banking system, BCR and BRD...
Gafita, Romelectro: We’re Expanding To Northern Africa And Middle East
The year 2014 could mean the return to contracts abroad for Romelectro Bucuresti, one of Romania’s leading general contractors for the energy industry, after having spent a decade focusing o...
Construction Materials Producer Siceram Expects Growth, Doesn’t See Market Rebound
Construction materials producer Siceram Sighisoara posted some 60.3 million lei (EUR13.3 million) revenue in 2013, up about 3% on the previous year.
Turmoil In Romania's Biggest Neighbor Could Destabilize Entire Region
The turmoil in Ukraine, where more than 100 dead had been reported by Thursday night and political violence seems to have no end in sight, is not affecting Romania economically (its exports...
Non-Residents Hold Over 20% Of State Paper Issued By Romania
Non-residents held a little more than EUR5 billions’ worth of leu and euro-denominated government paper issued on the Romanian market at the end of 2013.
Tissue Paper Producer Pehart Tec Sees 7% Growth In 2013
Tissue paper product manufacturer Pehart Tec of businessman Ioan Tecar ended 2013 with 242.8 million lei (EUR54 million) revenue, 7% higher than in 2012.
Lighting Fixture Maker Elba Seeks To Boost Exports To 20% Of Revenue
Timisoara-based lighting fixtures and systems manufacturer Elba, which supplies lights to Dacia-Renault and Volkswagen, expects exports to generate a higher share of its business this year,...
Petrom Should Be Worth EUR10B Based On Its 2013 Record Profit
The record 2013 net profit Romania’s largest company OMV Petrom (SNP) announced on Wednesday, 4.82 billion lei (EUR1.09 billion), should drive its value to more than EUR10 billion if conside...
Domo: Football Championship To Drive TV Set Sales Up 10%
Romanian consumers bought 720,000 TV sets last year, 3% more than in 2012 and 11% more than in 2011, which means the market rebounded after several years of decline, computer and electronics...
Ocna Sibiului Resort Goes Bankrupt On EUR7.2M Debt
Statiunea Ocna company, which managed the Ocna Sibiului resort in the spa town by the same name known for its salt waters, went bankrupt on EUR7.2 million debt. Its biggest creditor is Roman...
Insurer Astra’s Owner Challenges ASF Decision
After Romania’s Financial Supervisory Authority (ASF)’s chairman Dan Radu Rusanu and Corneliu Moldoveanu, the ASF vice-president in charge of the insurance market, told a news conference on...
Romania's Car Production Down 6% In January
Carmakers Dacia and Ford assembled almost 32,800 cars together in January, according to market data, 6% fewer than in the year-ago month. This is the first time in three years when car produ...