Reporter
Catalina Apostoiu
- Fields
- Companies, Retail&Consumer, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.264
Wizz Air Looks At Eastern Romania For Expansion
Wizz Air, the biggest player on Romania’s low-cost carrier market, is looking at eastern Romania for local expansion, with a strategy that rather envisages attracting new clients for air tra...
Romanian Dedeman Becomes 5th Largest DIY Retailer In CEE
Romanian DIY retailer Dedeman, controlled by brothers Adrian and Dragos Paval, is the fifth biggest player in Central and Eastern Europe in this field, with a 1.2% share of a total market va...
Jumbo Shareholders Add EUR20M To Romanian Subsidiary Share Capital
The shareholders of toy retailer Jumbo decided to boost the share capital of the Romanian subsidiary by 89.4 million lei (EUR20 million), according to Official Journal data. The Greek retail...
Lemet Invests RON22M In Solid Wood Furniture Plant; Expects 10% Sales Growth In 2015
Romanian furniture producer Lemet will complete investments of around RON22 million (EUR5 million) in a new production unit in Brebu, Prahova county, in the second half of this year, a proje...
Romania’s Macromex Sells 10 Companies To Danish Group, Taps Northern Europe With La Strada Ice-Cream
Romanian entrepreneur Dan Minulescu, who built Macromex group, sold ten of his companies to a group in Denmark and sealed a partnership with it for the distribution of La Strada ice-cream in...
EBRD Wants To See A Private Company Listing In Bucharest Soon
The European Bank for Reconstruction and Development, an international financial institution with EUR7 billion worth of investments in Romania and a minority stakeholder in the Bucharest Sto...
Romania Produces Expensive Footwear, But Buys Cheap
Romania ranks 14th in the global exporters ranking and operates 1.1% of total footwear exports. Romanian plants send $1.3 billion worth of footwear abroad, a value almost four times higher t...
Oracle Rents One Quarter Of Bucharest’s Sky Tower
US group Oracle, one of the biggest players on Romania’s IT market, rented 10,400 square meters in Sky Tower of northern Bucharest, a space where offices for around 1,000 employees can be fi...
Coca-Cola Seeks To Offset Weak Romanian Market Abroad
Coca-Cola HBC Romania, leader of Romania’s soft drinks market, climbed 60 spots in the ranking of the biggest local exporters, from 344 in 2013 to 284 last year, according with National Stat...
Main Stock Held By World’s Biggest Money Managers In Romania
Global finance giants BlackRock, Vanguard, Franklin Templeton and Morgan Stanley hold around $100 million (some RON400 million) worth of investments on the Bucharest Stock Exchange through t...
World Class Romania Sells 50% More Sport In 2014 And Gets EUR12.5M Revenue
World Class Romania, Romania’s largest fitness chain, in 2014 generated revenue worth EUR12.5 million, according to Mikael Fredholm, the company’s chief executive officer. Thus, the revenue...
Romanian State Shifts Stance At Telekom; Asks Company To Halt Sale Of Real Estate Assets
Romania’s Information Society Ministry asked Telekom Romania Communications (the former Romtelecom), in which it holds a 46% stake, to halt the sale of assets such as real estate ones, until...