Reporter
Catalina Apostoiu
- Fields
- Companies, Retail&Consumer, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.264
Major Romanian IKEA Supplier Sortilemn Saw Revenue Go Up By 29% In 2014
Gherla-based Sortilemn, a major Romanian supplier of Swedish group IKEA, in 2014 generated revenue worth around 200 million lei (EUR45 million), up 29% against 2013.
Sales Of Baneasa Stores Flat At EUR205M In 2014
Stores in Baneasa shopping center saw sales stall at EUR205 million last year amid stable traffic, Georgios Argentopoulos, the chief executive officer of Baneasa Developments, the company th...
Romania’s Forex Market Deals Dive To 8-Year Low In January
The forex market in Bucharest ended January with around EUR25 billion in traded volume, that is a daily average of EUR1.3 billion, meaning a decline of almost 30% against January 2013, accor...
Government Expects 15,000 New Cars To Be Sold In 2015 Through First Car Scheme
In 2015, sales of new cars to individuals will be supported both by the clunkers program (Rabla) and by the First Car scheme and people aged below 35 will be able to buy a new passenger car...
Medsana Scraps Unprofitable Subscription Accounts, Switches To Individuals And Insurance
Medsana, the first foreign investment on Romania’s healthcare market, reduced the weight of subscriptions in revenue to 33% in 2014 from 40% in the previous year as it deliberately renounced...
Rehau Polymer Wants To Sell EUR30M Worth Of Window PVC Profiles
The PVC profile unit of Rehau Polymer, the Romanian subsidiary of Germany’s Rehau group, ended 2014 with revenue of around EUR27 million, up 2-3% from 2013.
Carturesti Expects Sales Of EUR1M From Bookstore Opened In Bucharest’s Old Town
The new bookstore the owners of Carturesti bookstore chain opened in a monument building of Bucharest’s Old Town, set to sell 15,000 titles of Romanian and foreign books, will attract at lea...
Starbucks Brand, Mega Image’s New Weapon On Romania’s To Go Coffee Market
Belgian-held retailer Mega Image has recently put the “to go” coffee of U.S. Starbucks on its shelves in a bid to gain share on this market, one of the most dynamic over the past year.
Atlassib Aims For 5% Higher Revenue In 2015
Sibiu-based Atlassib, Romania’s biggest international road passenger transport operator, expects a 4-5% increase in revenue and the number of passengers its coaches will carry this year, acc...
Germany’s HeidelbergCement Reports Strong Volume Growth In Romania
German-held building material producer HeidelbergCement, which controls Romanian cement producer Carpatcement Holding, reported improving EBITDA margins for Romania in 2014 owing to cost con...
Major Winemakers In Romania Sell Half Of Volumes In Modern Retail
Almost 1 million hectoliters of wine are sold annually in modern retail networks, accounting for 40-50% in total volumes sold in Romania, according to a ZF estimate based on data from winema...
Polish Hotel Group Orbis Set To Develop Strong Network In Romania
Considering the current structure of its hotel market, Romania has solid prospects for the development of hotels under international brands, says Gilles Clavie, chief executive officer of Po...