Reporter
Catalina Apostoiu
- Fields
- Companies, Retail&Consumer, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.264
Romanian Producers: We Have To Be Present Everywhere, Both In Modern And Traditional Retail
Domestic producers state international retail chains are putting high pressure on shelf prices and are also levying a series of taxes such as the shelf or marketing ones, and all of this is...
How 20 Banks Survive Sharing A Slice Of Less Than 6% Of Assets
The banking market is coping with declines, and even the largest players are unable to find ways to grow. However, not less than 20 banks are still operating with market shares of below 1%....
Forex Market Deals Added EUR2B In February
The deal volumes on the Bucharest foreign currency market reached EUR32 billion in February, the equivalent of a daily average of EUR1.7 billion, according to central bank data. Against the...
Brico Depot To Be Run By A Frenchman In Romania
Britain’s Kingfisher, set to officially enter the Romanian market next week by opening the first Brico Depot-branded DIY stores, appointed French-born Patrick Papot as chief executive of the...
Candy Crush Developer Relocates To Opera Center
Electronic game developer King, the maker of Candy Crush Saga, one of the most popular games for Facebook and mobile, will move its Bucharest headquarters to Opera Center, where it rented a...
Beer Market, Back to Downward Trend
Beer sales contracted by 4% in 2013, marking the first year of decline after the market managed to grow in 2011 and 2012
Shimon Galon Leaves GTC After 15 Years
Shimon Galon, one of the savviest real estate developers on the Romanian market, has left GTC Romania after 15 years at the company’s helm. From this position he coordinated office, retail a...
RomCard: Total Number Of Online Banking Transactions, Up 40% In 2013
RomCard, a major processor of online payments by banking cards in Romania, in 2013 registered a 40% increase in the overall number of processed and routed online transactions against 2012, a...
Tender’s Airline To Fly From Tulcea Airport
TEN Airways, controlled by businessman Ovidiu Tender, is set to enter the airline market with regular flights under the Fly Romania brand.
Nextebank To Raise Capital Before Completion Of The Bank's Sale
The shareholders of Nextebank, a small player controlled by Hungary’s MKB bank, in late February approved a capital increase of as much as 183 million lei (EUR40 million).
NIS Petrol Mulls Acquisitions To Get To 120 Gas Stations After 2015
Oil company NIS Petrol, controlled by Russian giant Gazprom, says it wants to end 2014 with 30 filling stations in Romania, double the current number, and revenue of 20-25 million euro.
Parent Banks Took Out EUR7B From Romania In 2 Years
Parent banks last year withdrew 70% of funding with maturity of less than one year granted to domestic subsidiaries, namely EUR3.3 billion, marking a speeding up of the deleveraging process.