Translator RO-EN
Loredana Frățilă-Cristescu
- Fields
- Companies, Capital Market, Retail&Consumer
- Writing for ZF since
- 2011
- Articles
- 9.761
Sanofi Wants To Double Exports, Launch At Least 15 New Products In 2014
Sanofi, the largest pharmaceutical company in Romania, which owns the Zentiva plant (SCD.RO) in Bucharest, estimates exports could reach 30% of its production volume in 2013, double the 2012...
Charles De Gaulle Plaza Sold For Some EUR70M Between Two GLL Funds
Charles de Gaulle Plaza (CDG), the office building overlooking the main entrance to the Herastrau Park in northern Bucharest, was sold between two funds managed by GLL Real Estate Partners f...
Romania’s Gazprom Gas Bill Down By $462M In 2013
Romania paid some $497 million to the intermediaries of Russia’s gas giant Gazprom for the 1.19 billion cubic meters of natural gas imported in 2013, almost 50% less than $959 million paid i...
Insolvencies Hit Record High In Romania Last Year
More than 29,500 companies employing almost 150,000 people went insolvent last year, the highest level since 2008. The number of insolvencies went up 10% on 2012 and doubled compared with 20...
Raiffeisen: Slim Chances Of Organic Growth, We’re Looking At Acquisition Targets
Raiffeisen Bank Romania gained a lot of experience with the takeover of Citi’s retail portfolio (EUR90 million of loans and EUR175 million in deposits) last year and continues to look at acq...
Fondul Proprietatea Shares Generate 42% Yield In Three Years Since Listing
Analysts expect Fondul Proprietatea (FP.RO) price to fluctuate between 0.8 and 0.9 lei (EUR0.17-EUR0.19) per share in 2014, as the main growth drivers for the fund's stock will be the share...
Enel: 2013 Difficult For Power Producers, Good For Vertically Integrated Companies Like Us
Power producers suffered because of low prices last year, while distributors had a good 2013, so vertically integrated energy companies stood to gain in the end, according to Luca D’Agnese,...
Low As They Were, EU Funds Kept Leu Steady In 2013
A total of 2.8 billion euros drew Romania last year from the European Union in non-reimbursable funds, just half the yearly target, but enough to keep the leu in check and repay some of the...
London, Paris, Rome See Highest Airline Competition
London, Paris and Rome are the destinations with the highest competition among airlines in Romania, with at least four airlines offering flights to those cities. Vienna, on the other hand, i...
Deposits Almost Equal Loans In Romania’s Banking System
The loan/deposit ratio in the banking system came close to a balance in November 2013, standing at 105% compared with 137% in November 2008.
Banks Expected To End 2013 In The Black
Romania’s banking system probably ended 2013 in the black after having posted cumulated net profit of 1.73 billion lei (EUR381 million) in January-November compared with a RON2.3 billion los...
Sales Of Cars Worth Over EUR200,000 Down 20% In 2013
Registrations of cars with a price tag of over EUR200,000 fell by almost 20% to 19 units in 2013, from a total 23 in 2012, according to the Driving License and Vehicle Registration Departmen...