ZF newsroom
Tudor Ioana Raluca
- Fields
- Retail&Consumer, Social/Politics, Automotive
- Writing for ZF since
- 2011
- Articles
- 853
URB’s Ball Bearings To Generate $1B Sales In Ten Years
URB-branded ball bearings could account for 1% of the world ball-bearing production in ten years, from the current 0.17%, according to the officials of Turkey’s Kombassan group, which owns R...
Foreign-Owned Insurers Cut Exposure To RCA Segment By One Third Since 2008
The six largest Romanian general insurance companies controlled by powerful European groups have reduced their market share on the mandatory car insurance segment RCA by one third over the p...
Leu Loans More Expensive By The Month
Consumer and mortgage loans in Romanian leu became more expensive in September for the third month in a row and interests on euro loans went down again, making harder the shift to lending in...
Angst Expects Losses This Year, But Higher Turnover
Sorin Minea, president of cold cuts producer Angst, said the company will end the year with losses, but with higher turnover.
Hypermarkets – Top Weekend Shopping Destination
Romanians spent 197 lei (EUR44) every time they shopped in a hypermarket last year. Hypermarkets remain consumers’ favorites when it comes to a high shopping volume, the so-called weekend sh...
Wizz Air Passenger Numbers Up To 3 Million In Romania
Three of the 12 million passengers of Wizz Air travel to and from destinations in Romania, the country with the highest growth in the region for the airline.
Tanase, ING: The Listing Of Fondul Proprietatea In Warsaw Won’t Diminish Trading Discount
The secondary listing of investment fund Fondul Proprietatea (FP.RO) in Warsaw will not reduce the discount at which Proprietatea shares are traded, believes Adrian Tanase, the manager of IN...
KLG Romania Boss: 2012 Failed To Confirm Our Expectations
The growth of KLG came in 2012 from new clients, as many companies cut back on the storage space. Even so, the logistics and distribution company plans to build two new warehouses in Romania...
Millennium Might Reduce Exposure To Romania Or Find Partner To Support Growth
Millennium Bank Romania, a unit of Portugal’s largest listed bank Millennium bcp, continued efforts to gain profitability and reduced its loss to EUR6.5 million in the first half of the year...
Cargus’s New Owner: We Have EUR450M For Investments In The Region
Cezar Scarlat, the head of the Romanian office of private equity fund Abris Capital Partners, which has recently bought the second largest domestic courier company Cargus International from...
Sorin Greu, Bog’Art: The Construction Sector Could Rebound, But Not Very Soon
Although he has for the last 8 years run the largest Romanian construction company of civil engineering and industrial buildings, with turnover of almost EUR80 million, no picture of Bog’Art...
Remus Vulpescu Says Amicable Agreement Would Be Preferable At Rompetrol
Remus Vulpescu, former head of Romania's industry privatization authority OPSPI, freshly appointed as member of the board of directors of Rompetrol Rafinare (RRC.RO), said the government sho...