ZF newsroom
Tudor Ioana Raluca
- Fields
- Retail&Consumer, Social/Politics, Automotive
- Writing for ZF since
- 2011
- Articles
- 853
Major Importer Says Perfume Market Will Continue To Grow
The luxury perfume and cosmetics market will grow, as will the business of Niran Co. Products, importer of 18 brands in Romania, according to the company's chief executive and majority share...
Natural Gas Consumption Down In 2012
Romania used 4% less natural gas last year than in 2011, even though the year started and ended with very cold weather, which caused consumption spikes for a few weeks.
Radacini Group Keeps Turnover Steady Thanks To Utility Vehicle Contracts
Radacini Group, one of the largest car dealers in Romania, with annual turnover of over EUR100 million, has kept its turnover steady in the past few years by taking part in auctions and by d...
Two City Grill Restaurants Set To Close, Two More To Open
Dragos Petrescu, one of the most notable entrepreneurs in the restaurant business, who owns City Grill, Trattoria Buongiorno and Hanu Berarilor, will close the City Grills restaurants in Car...
IMF Arrangement At A Turning Point: Reforms Are Stalling, Economy Has Yet To Rebound
The precautionary arrangement that Romania sealed with the International Monetary Fund in the spring of 2011 and which was supposed to end in April 2013 has reached a turning point: Romania...
Chicken Producer Says Export Demand Too High To Handle
Chicken producer Ave Impex Satu Mare sees exports generate 25% of its annual revenue in 2013 compared with 11% three years ago, general manager and founder Gheorghe Bodea said.
Blidar Terminates Contracts With Small Suppliers Due To VAT Changes
Businessman Valer Blidar, who owns the Astra Vagoane Calatori passenger rolling stock plant in Arad, said he has decided to terminate 400 contracts with small firms, with which he has worked...
Seeds Producer Caussade Doubles Sales To EUR33M, Expects Slower Growth
The decline of agricultural output last year made all players in the sector be more cautious, considering that the drought also affected connected sectors such as the seeds, fertilizers and...
GE Installed EUR1B Worth Of Wind Turbines In Romania
General Electric has installed 265 wind turbines in Romania so far, each of which with a capacity of 2.5 megawatts. At an average cost of EUR1.5 million for installing one megawatt in a wind...
Asset Manager: Leu Strengthening Due To Capital Inflows, Not Fundamentals
The inclusion of leu-denominated government bonds in an index of US bank JP Morgan led to significant inflows of foreign capital which fueled an “unexpected” decline of interest rates on gov...
Delaco: Dairy Market Becomes Polarized
The about one billion euro dairy industry badly hurt by the drought last year is becoming polarized, believes Victor Vartolomei, chief financial officer of Delaco Distribution, one of the mo...
Ribo, ArcelorMittal: It Is Unacceptable That Only 5% Of Wind Turbine Parts Are Made In Romania
A foreign manager says what the Economy minister should have said: Romania stands to gain too little from the green energy boom because most equipment is not built locally.