Reporter
Catalina Apostoiu
- Fields
- Companies, Retail&Consumer, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.264
Farmec Cluj Expects Turnover to Rebound in 2022
Mircea Turdean, general manager of Farmec Cluj, the biggest local producer of cosmetics, expects the company’s turnover to return into the black this year after a several percentage drop in...
Cold Cuts Maker Elit Keeps Up Profitability at 2020 Level in 2021
Elit, a major producer of cold cuts in Romania, with RON620 million turnover and RON55 million profit in 2020, managed to maintain its profitability level in 2021 as well by boosting sales a...
Penny Wants to Step Up Store Opening Pace from 2022
Penny continued to open new stores during the pandemic, 20-25 units per annum, but wants to step up and even double up the pace toward 40 units starting 2022.
Barleta Expects 7% Higher Turnover in 2021 YOY at EUR20M
Bacau-based Barleta plant, producing paper bags and sacks for major supermarket chains, pharmacy networks or bakery makers, forecasts 7% higher turnover this year, to EUR20 million, accordin...
Karpaten Turism Targets EUR50M Turnover in 2021
Karpaten Turism, one of the biggest players in Romanian tourism field, controlled by Gheorghe Marginean, aims for EUR50 million turnover this year, from the around EUR20 million level reache...
Softronic Craiova Delivers Six Electric Locomotives to Sweden
Craiova-based Softronic, Eastern Europe’s only factory producing electric frames and locomotives, delivered four electric locomotives to Sweden’s rail freight carrier Green Cargo and expects...
Farmacia Tei Goes to Brasov and Iasi in 2022; Set to Open 4 New Stores in Bucharest
Tei pharmacy chain, one of Romania’s most dynamic businesses, controlled by entrepreneur Roxana Maftei, is readying four new store openings in Bucharest, but is also set to expand to Brasov...
DGH Log & Sped Sees Turnover Rise by 18% in 2021
DGH Log & Sped forwarding company, one of the biggest domestically, posted two-digit turnover growth in the first nine months of this year and estimates it will end 2021 with an increase of...
Dumagas Projects EUR32M Turnover in 2021 vs RON42M in 2020
Dumagas, one of the largest freight carriers in Romania, controlled by investment fund Bancroft, estimates it will end 2021 with turnover worth EUR32 million from EUR42 million last year, ac...
Meda Prod ’98 Sees Turnover Rise by 7% after First 7 Months of 2021
Cold cuts producer Meda Prod ’98, controlled by entrepreneur Luchi Georgescu, a business worth RON217 million last year, ended the first seven months of 2021 with 7% higher turnover, accordi...
Ophthalmological Clinic Infosan Ends 2020 with RON10M Turnover; Targets 10% Growth in 2021
Bucharest's ophthalmological clinic Infosan, set up in 2002 by two doctors, ended 2020 with turnover worth RON10 million and targets a 10% increase this year amid rising demand for medical s...
2021 Summer, Best Season for Romania’s Seaside Hotel Owners
This summer was the best for Romanian seaside hotel owners, so that the number of tourists and the level of receipts topped those of 2019, the year with the best results for companies managi...