Translator
Radu Bostan
Reporter
- Fields
- Social/Politics, Automotive, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 2.182
Top Ten Insurers Make 90% Of Total Revenues
Insurance sales stabilized in the first half of this year, but some major insurers continue to feel the effects of the crisis and to lose ground to smaller companies or to those who promoted...
Jolidon Returns To Profit, Hires 100 Staff
Romanian lingerie and swimwear manufacturer Jolidon expects to return to profit this year after three years of losses and see its sales go up by 15% on 2011. Sales stood at 90 million lei (E...
Liliana Solomon Promoted To CFO Of Vodafone Group For Europe
Liliana Solomon, 48, was promoted in July as chief financial officer (CFO) of British mobile telephony group Vodafone for Europe, and will be in charge of the company’s activity in eight cou...
Former Subway Hungary Boss To Develop bam boo Franchise In Romania
Philcare Franchise, owned by Carl Sampers, who developed the Subway restaurant network in Hungary, wants to open 15 bam boo gift shops in Romania and other countries next year, through franc...
Coca-Cola's 1H Romanian Sales Down Because Of Economic Conditions, Political Uncertainty
The sales of Coca-Cola Hellenic in Romania dipped by volume in the first half of the year, because of the challenging macroeconomic conditions, coupled with recent political uncertainty, acc...
Wizz Air Moves To Cluj-Napoca While Targu Mures Airport Is In Maintenance
Low-cost airline Wizz Air will move its operations to the Cluj-Napoca International Airport between August 30 and September 5, during which time Targu Mures airport will be closed for mainte...
Stephen Stead On Labormed: After We Tripled Sales, We Defended The Company Against Market Challenges
Stephen Stead, the British executive who abruptly stepped down as manager of pharmaceutical manufacturer Labormed two weeks ago, talked for the first time about the reasons behind his decisi...
Large Banks Still Spend More Than Half Of Expense Budgets On Salaries
BCR, BRD and Banca Transilvania, the three largest banks on the Romanian market, spent more than 1.8 billion lei (EUR0.4 billion) on employee salaries last year. This means 56% to 59% of the...
Drought Makes Livestock Feed Up To 70% More Expensive
The drought made livestock feed up to 70% more expensive in farms, but the cost increase has not yet been seen in shelf prices. What will happen to the price of meat this autumn?
La Mama Restaurant Chain Sees Growth, Does Not Signal Market Rebound
Catalin Mahu, the Romanian businessman who owns the La Mama restaurant chain and the Cafepedia coffee shops, says that his business grew by up to 10% in the first seven months of this year,...
Romanians Paid EUR2.4B By Card For Shopping In H1
Romanians paid 10.4 billion lei (almost EUR2.4 billion) worth of shopping by card in the first half, up 22% year-on-year. One fifth of this amount was spent in shops abroad, according to Rom...
Cocor Bucuresti Losses Up 4.6 Times In 1H, To RON8M
Shopping center Cocor Bucuresti (COCR.RO) reported losses of 7.9 million lei (EUR1.75 million) in the first half of 2012, up 4.6 times on the similar period of last year, when its losses sto...