Reporter
Catalina Apostoiu
- Fields
- Companies, Retail&Consumer, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.264
Banks In Romania Hoard Deposits, But Lending Nosedives
Banks in Romania had loans granted to individuals and companies worth around 212 billion lei (the equivalent of EUR47 billion) at the end of 2014, down RON7 billion against the end of 2013....
Germany’s Agrarius Augments Portfolio In Romania; Reaches 4,700 Ha In Banat
Germany’s Agrarius, listed on the Frankfurt bourse and one of the largest agricultural producers of Timis, took over 500 hectares of arable land under lease and has come to hold a total of 4...
Delta ACM 93 Sees Revenue Top EUR100M In 2015
Bucharest builder Delta ACM 93, controlled by businessman Florea Diaconu, expects flat revenue in 2015 against last year, of around EUR100-105 million.
Swiss Nestle Brings RON55M For Timisoara Plant
Nestle Romania, a major player on Romania’s sweets and coffee market, last December got a capital infusion worth 55 million lei (EUR12.3 million), according with Trade Registry data.
Foreign Networks Set To Invest Over EUR200M To Open At Least 250 New Stores In Romania In 2015
Players in Romania’s modern retail announced ambitious expansion plans for this year, with over 250 new stores scheduled for opening, mainly on small format. Investments could reach EUR200 m...
Romgaz Sits On RON1.7B Worth Of Cash, But Still Exploits 90-Year Old Fields
The completion of natural gas market deregulation is likely to leave Romgaz without one of the “engines” that brought it record high profit after the first nine months of 2014: gas price inc...
Crisis Companies In Romania Reached Revenue Worth RON3.5B And Hired Over 6,000 People
The 20 largest companies set up in Romania in 2009, at the very moment the crisis started being felt in Romania as well, managed to rake in together revenue worth over RON3.5 billion in the...
Arval: Companies Focused On Cost Cutting; 2014, The Best Year
Companies that leased car fleets last year chose cheaper cars in a bid to slash costs and the over 10% increase posted by the operating leasing market contributed to the car market advance a...
Hilton Sibiu Hits Sales Target; Expects 8-10% Higher Revenue In 2015
The five-star Hilton hotel of Sibiu, the only five-star unit in this city, saw revenue rise by 10% last year, in line with the projected level, and expects a similar sales advance in 2015, a...
Major IT&C Online Retailer In Romania Goes Bankrupt
Elka Oktal Group, which manages oktal.ro, among Romania’s ten largest IT&C online stores by 2013 revenue, went bankrupt after piling up a heavy debt load.
Big 4 Leaders’ Recommendations To Romania Businesses For 2015
Companies should focus on brand strengthening, digitalization, proper cash management, cost control and improved performances given the volatile international context that could impact Roman...
Austria’s Verbund Set To Halt Expansion In Romania
After investments of EUR380 million in wind projects, Verbund will no longer expand in Romania, says Ovidiu Pop, general manager of Verbund Romania, the local subsidiary of Austria’s biggest...