Translator RO-EN
Loredana Frățilă-Cristescu
- Fields
- Companies, Capital Market, Retail&Consumer
- Writing for ZF since
- 2011
- Articles
- 9.761
Romania Posts Budget Deficit Of RON64.2B Or 3.39% GDP In January-May 2025
Romania’s general consolidated budget posted a deficit of RON64.2 billion in January-May 2025, or 3.39% of the gross domestic product (GDP), compared with a deficit of RON60.1 billion or 3.4...
Uniform Maker SIVA Uniforms Aims For EUR4M Revenue In 2025
SIVA Uniforms, one of Romania's largest manufacturers of customized workwear, is aiming for EUR4 million revenue in 2025, after posting nearly EUR3 million revenue in 2024.
Global Index Provider MSCI Upgrades Romania To Advanced Frontier Market Status
Romania’s capital market will be included the Advanced Frontier Market (AFM) subcategory, MSCI, a global provider of financial indices, announced after its annual review of capital markets a...
UPDATE: Schwarz Group buys 70% in La Cocos, founder Iulian Nica retains 30%
Germany’s Schwarz Group, the owner of Lidl and Kaufland, is buying 70% in Romanian retailer La Cocos. The founder of the business, entrepreneur Iulian Nica, will keep the remaining 30%.
New Car Registrations Down Almost 13% YoY To 54,209 In January-May 2025
New car registrations in Romania fell 12.8% to 54,209 units in January-May 2025 compared with the year-ago period, while in the EU they were down 0.6% to 4,566,970, data supplied by ACAROM a...
Meta Estate Trust Invests EUR1.5M In Four Villas Under Radisson Blu Brand Near Brasov
Meta Estate Trust (MET.RO), a holding company operating in the real estate sector, is investing EUR1.52 million in a portfolio of four villas in the premium Radisson Blu Grand Mountain Resor...
Eurowind Energy Invests Almost EUR175M In PV Park In Dambovita
Eurowind Energy, a developer and operator of renewable energy projects, is developing a new photovoltaic park in Visina, Dambovita County, the company announced.
STC Partners Pays EUR8M For 16,000 Sqm Plot In North Of Bucharest For Residential Project
Real estate developer STC Partners has bought a 1.6-hectare plot of land in Pipera, in the north of Bucharest, from Medicover for more than EUR8 million through special purpose vehicle Anemi...
Romanian Audiobook And E-Book Streaming Platform Voxa Launches In Latin America
Voxa, a Romanian audiobook and e-book streaming platform, is expanding international presence with the official entry on the Latin American market, where there are more than 300 million pote...
UK’s Frasers Group Enters Romania With Sports Direct Store In Craiova
UK’s Frasers Group, which owns several brands on various market segments, such as Frasers, Flannels, USC, GAME, Evans Cycles, Jack Wills, has brought the Sports Direct sporting goods brand i...
Smart Diesel Sees Net Profit Up 63.1% To RON224.6M In 2024
Arad-based fuel supplier Smart Diesel posted RON224.6 million (EUR45.1 million) net profit in 2024, an increase of 63.1% on 2023’s RON137.7 milion (EUR27.8 million), according to ZF’s calcul...
DHL International Romania Posts 5.1% Growth In Revenue To RON339.7M In 2024
DHL International Romania, one of the largest parcel delivery companies in the country, ended 2024 with almost RON339.7 million (EUR68.2 million) revenue, an increase of 5.1% on 2023’s RON32...