ZF newsroom
Tudor Ioana Raluca
- Fields
- Retail&Consumer, Social/Politics, Automotive
- Writing for ZF since
- 2011
- Articles
- 853
Porumboiu Builds New EUR6M Bread Plant
Farming and food industry group Racova owned by businessman Adrian Porumboiu will start construction of a new bread plant in Vaslui (NE Romania) in the next few months.
Hugo Boss Sales Down 10% To EUR1.5M In Romania
Romania’s luxury market started suffering from the crisis as late as last year, after having previously remained unaffected by consumer spending and the difficult economy, says Andrei Alecu,...
Truck Sales Reach EUR10M In Two Weeks
Truck purchases by carriers and logistics operators gave a boost to the local commercial vehicles market, with orders of over EUR10 million announced in the last two weeks.
Sales of AstraZeneca in Romania Doubled In Four Years
Anglo-Swedish medicine producer AstraZeneca posted $161 million sales in Romania last year, up 4.5% from $154 million in 2011.
SIF Crisana-Banat Is Looking At Privatization Of Energy Distributors
With the entire 100 million-lei profit from 2012 still in its accounts, regional investment fund SIF Crisana-Banat (SIF1.RO) is going ahead with its plan to take part in the privatization of...
McDonald’s To Buy Land Of Its Craiova Restaurant
McDonald’s, the largest player on the Romanian restaurant market, with turnover of EUR94 million in 2011, will buy an almost 2,000 square-meter plot from the Craiova City Hall. The company h...
Electoputere Owners Fail To Keep Their Promises
Arab-held Al-Arrab group that promised a five-fold increase in the sales of Electroputere Craiova (EPT.RO) upon its privatization, as well as to turn it into a world giant did exactly the op...
Modern Retailers Hired Over 5,500 People In 2012
Eight modern retailers hired more than 5,500 people last year, according to ZF data and the top employers were hypermarket chains Auchan and Kaufland, followed by supermarket network Profi....
Highway Construction Works Advance Slow In March, Roads Are Far From Completion
The ten leading highway construction sites in Romania advanced at a slow pace in March, despite good weather for works.
Press Review - May 3, 2013
ECB Cuts Key Rate To Record Low Of 0.5% The European Central Bank (ECB) Tuesday reduced the key interest rate from 0.75% to a record low of 0.5%. The ECB also cut the marginal lending rate b...
Press Review - May 2, 2013
President Traian Basescu May Be Asked To Take Stand In A Privatization Case Romanian politician Dan Voiculescu’s lawyers on Tuesday asked the court to hear President Traian Basescu as witnes...
Volksbank Austria: Plan Is To Sell Romanian Bank In 2015, After Its Restructuring
Austrian group Volksbank, which controls 51% in Volksbank Romania through a vehicle where it partners with a French bank and a German bank, reaffirms its intention to sell the Romanian bank...