Reporter
Catalina Apostoiu
- Fields
- Companies, Retail&Consumer, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.264
Philips CEO: Romania Is A Good Production Destination
The Romanian market has growth potential and the state healthcare system is obsolete, as is the public lighting one, said Frans van Houten, the chief executive officer of Dutch giant Philips...
Checkups With Credit Bureau, Up 80% In First 2 Months Of 2014
The Credit Bureau released, at bankers’ request, 1.9 million reports about the situation of existent and potential clients in January and February, up 80% year-on-year. Almost half of these...
How Did Romania’s Largest Energy Producer End Up Insolvent Twice?
Hidroelectrica, Romania’s largest power generator, is again undergoing insolvency, for the second time in less than a year, and market sources say its stock market listing is almost impossib...
Tender's TEN Airways Targets 100,000 Passengers And EUR15M Revenue
TEN Airways, controlled by businessman Ovidiu Tender, on May 15th will start operating flights on internal routes (Bucharest-Tulcea and Bucharest-Timisoara) and external ones to Italy and Ge...
CrisTim Owner Radu Timis Banks On 10% Sales Growth In 2014
CrisTim group, a top ten cold cuts processor in Romania, controlled by businessman Radu Timis, budgeted a 10% sales increase to EUR70 million this year.
Former Site Of Heineken Brewery To Host Offices And A Hypermarket
Heineken Romania sold the former Grivita brewery in downtown Bucharest, at the end of 2013, to a group of real estate investors, among whom Ionut Dumitrescu, the founder of real estate consu...
Strabag Romania's Revenue Drop 13% In 2013, To EUR322M
Austrian-held Strabag group, which built several highway sections between Deva and Sibiu, as well as the tallest office building of Bucharest, Sky Tower, ended 2013 with revenue of EUR322 mi...
Confind Campina Set To Take Diversification Further
Confind company of Campina (Prahova), a producer of oil industry equipment and installations controlled by businessman Ioan Simion, acquired 240 hectares of farmland and wants to continue pu...
Importer Of HiPP Baby Food And Haagen-Dazs Ice-Cream, EUR7.5M In Revenue In 2013
Maresi Foodbroker, the domestic subsidiary of the Austrian company of the same name, part of Vivatis holding, expects one-digit revenue growth this year and is thus likely to go beyond the 3...
BCR Kept Losing Market Share In Q4/2013, But Erste Boss Expects Retail And Corporate Rally
Romania's largest lender Banca Comerciala Romana saw its corporate loan portfolio dwindle by RON1.3 billion between September 2013 and November 2013 alone, while its retail loan volume shran...
Brunello Cucinelli Store In Romania Posts EUR1M Revenue/Year
Luxury store Brunello Cucinelli located on Bucharest's Calea Dorobanti roadway ended last year, its first complete operational year, with revenue of around EUR1 million and as many as 100 lo...
South-African Steinhoff, A New Challenge For Romanian Furniture Producers
Swedish giant IKEA, the biggest player on the Romanian furniture market, has for several years had a new rival in Europe, South-African group Steinhoff, which has grown through successive ac...