Reporter
Catalina Apostoiu
- Fields
- Companies, Retail&Consumer, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.264
Eight Out Of 100 Rooms On Romanian Hotel Market, Under Foreign Brands
Almost 6,400 rooms of Romanian hotels operate under an international brand, with 56% of units located in Bucharest and the rest in other large cities of the country, according to a ZF survey...
Polish Fund Invests In World Class Fitness Center Network
World Class Romania, which operates 11 fitness centers in Bucharest, Timisoara and Cluj Napoca, will enter the portfolio of Polish fund Resource Partners, specialized in private equity inves...
New Owner Hopes To Drive Praktiker Back To Sales Of EUR300M/Year
Omer Susli, the Turkish investor who at bought from Germany’s Praktiker the group's 27-store network in Romania, hopes to bring the company back to profit in two years at the latest. Revenue...
China Taps Romanian Grain Trading
COFCO Corporation, China’s biggest agricultural raw material trader, a state-owned company, acquired 51% in stock of Dutch group Nidera, a company with a strong position in Romania's assets.
Kandia Takes Over Leading Position From Mondelez On Romania's Chocolate Market
Kex Confectionery, owner of Kandia and Heidi brands, leads in 2013’s ranking of chocolate market companies, but in the ranking of brands the top two positions are filled by Poiana and Milka,...
Former Primola Owners Buy Assets Of Braila Dairy Plant
Supreme Concept Construct, one of the companies held by brothers Jihad (foto) and Johhny Jabra, former owners of the Primola chocolate brand, bought assets of bankrupt Lactaprod dairy produc...
Best Foods Pays EUR2.9M For 8,000-Sqm Land Plot Of Insolvent Spicul
Best Foods, a producer of corn-puff snacks, popcorn and potato chips owned by Greek businessman Epameinondas Ochonos, acquired an 8,000-sqm land plot on Timisoara Boulevard of Bucharest for...
Cement Producers Saw Sales Decline Again In 2013
Last year brought a new decline on the Romanian cement market, which ZF values at some 600-700 million euros, as the state’s infrastructure investment slid and private investors shied away f...
Bucharest Residents’ Budget: 70% Of Money Spent On Food, Gas And Utilities
A Bucharest resident spends almost 70% of monthly income on food, utilities, rent and transportation. At the opposite end, less than 2% of the monthly budget of around 2,200 lei (about EUR50...
Regina Maria Merges Part Of Group’s Firms To Manage Cash Better
Regina Maria private healthcare operator, controlled by Advent International investment fund, has brought five of the companies part of the group under the umbrella of a single legal entity,...
Germany’s Karcher Mulls Production Expansion In Romania
German-held Karcher, which sealed a production partnership with Electroarges as early as 2002, is likely to expand production in Romania. Considered options include the construction of a pla...
Christian Tour Wants To Be The Holiday “Agent” For 200,000 Romanians
Travel agency Christian Tour posted revenue of EUR45 million in 2013, up 30% year-on-year, while its profit hit EUR0.7 million, according to company owner Cristian Pandel.