Reporter
Catalina Apostoiu
- Fields
- Companies, Retail&Consumer, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.264
Retail In December: Just 4 Peak Days, Slightly Higher Sales Against Year Before
In December, traditionally the best month for retail and consumption, supermarket and hypermarket chains in Romania registered flat or slightly higher sales against the same month of 2013, a...
Medicover Romania On The Lookout For Acquisitions
Medicover, the largest foreign investor in Romania’s healthcare sector, is mulling acquisitions this year and targets strong expansion, as it will also invest in new clinics.
Romanian Construction Sector Shrank 15% In 2014
The local construction market, one of the hardest hit during the crisis, further declined last year, by 10-15%, to 8.2-8.6 billion euros, according to data provided by the Romanian Associati...
Romania’s Furniture Exports Double In 2008-2014; Local Sales Also Rebound
Romania’s furniture industry, mainly dominated by local entrepreneurs, advanced by around 10% in terms of production, exports and imports in 2014, while local sales posted a one-digit increa...
Real Estate Developers In Romania Need Loans Of EUR250 Million To Continue Projects
Several real estate developers in Romania will seek to attract financing of around EUR300 million this year to take their mall or office projects further, with the biggest funds being needed...
Gasoline Drops Below RON5 For The First Time In 4 Years. Analysts Say Gas Will Not Get Cheaper, Green Energy Will Suffer In Romania
The price of a liter of gasoline went below the threshold of RON5 in Bucharest, after an over 20% decline from the July peak. While this is good news for drivers, analysts are warning there...
Energy Watchdog ANRE Sees Consumption Stall Or Even Inch Down In 2015
Energy regulator ANRE expects electricity and natural gas consumption to stall this year or even decline slightly amid moves to boost energy efficiency, after electricity demand contracted b...
Romanian Currency Lost One Third Of Value In The Past 7 Years And Prices Leapt By 50%
The Romanian currency fell by 32% against the euro in the past seven years, while overall inflation stood at 46% during the same period, with companies that operate exports and that have pro...
Romania’s Drug Market Seen Growing In 2015 After Challenging 2014
The drug market is likely to rise by 2-3% this year, when it may go beyond RON12 billion, according to ZF calculations based on the expectations of the main players in this industry, after a...
Lidl Set To Open Over Ten Stores In Romania In 2015 Despite Challenging Economic Conditions
Germany’s discount retailer Lidl, which entered Romania officially in 2011 by taking over Plus store network, plans to open over 10 new stores locally this year, with the network due to go b...
Bega Turism Targets 20% Higher Revenue In 2015; Set To Open Spa Center In Timisoara Hotel
Businessman Marius Cristescu, who controls, together with his brother, Emil Cristescu, Bega Turism company, the largest tourism company in Timis county, managing three hotels in this area, s...
Romanian Households Spend RON662 On Food, RON120 On Fuel And Just RON8 On Education
More than 70% of the monthly consumption expenditures of a Romanian household go to food, utilities and fuel. Conversely, the least money, 0.5%, is spent on education.