Reporter
Catalina Apostoiu
- Fields
- Companies, Retail&Consumer, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.264
Prodlacta Brasov Saw Its Revenue Rise By 60% In 2014
Brasov-based dairy producer Prodlacta generated revenue worth over 41 million lei (EUR9.3 million) in 2014, up around 60% on the year. For 2015, the company plans to further bolster sales an...
Casa Noastra Goes Beyond 1,000 Employees; Generates Two Thirds Of Sales Abroad
Craiova-based window and door system producer Casa Noastra, which sells QFort brand, ended 2014 with revenue worth almost 160 million lei (EUR36 million), up 13% from 2013.
Metro Cash&Carry Opens LaDoiPasi Own Supermarket
Germany’s Metro Cash&Carry, which opened the gates of modern retail in Romania in 1996, opened its first own store under LaDoiPasi brand, thus entering the segment of retail.
Pinebridge Won’t Sell AKTA For Less Than EUR200M
US-Asian investment fund Pinebridge, owner of Digital Cable Systems (AKTA), the biggest independent player on Romania’s cable TV market, reportedly rejected takeover bids of around EUR100 mi...
Polisano Takes New Loans, Hires New Managers
Polisano drug wholesaler, part of the Sibiu group of the same name, in the last week of 2014 signed an agreement for a EUR10 million (RON44 million) loan with Eximbank, for working capital....
New Head Of Europharm Distributie Wants To Triple The Wholesaler’s Revenue In Five Years
Romanian executive Adrian Vasiliu, appointed at the helm of drug wholesaler Europharm Distributie in early November 2014, after spending the previous five years in Africa working in consumer...
Sucu, Mobexpert: European Retailers Cannot Be Interested In Romania Until The Market Grows By At Least 50%
Dan Sucu, owner of Mobexpert group, estimates the Romanian furniture market, valued at over RON2.5 billion, expanded by 6-7% in 2014 on a “certain deicing” of the real estate market, with th...
EnergoBit Cluj Set To See Revenue Rise By 10% In 2015 On Export Contracts
EnergoBit Cluj, a major supplier of equipment and services for the energy field, controlled by Polish investment fund Innova Capital, bets on an 8-10% revenue increase this year, on export c...
Cleanup Process Halts, But Banks Still Have EUR13B Worth Of Bad Loans On Their Hands
Banks in Romania slowed down balance sheet cleanup at the end of last year, with the weight of bad loans stagnating at 15.3% of the total loan volume in October, according to BNR data. Again...
Hidroconstructia Sees $200M Worth Of Contracts Disrupted On Iraq Tensions
Hidroconstructia, one of Romania’s largest builders, which is carrying out contracts worth above $200 million in the Kurdish area of Iraq, is having trouble completing projects in this count...
US Uber Reconfirms Plan To Tap Romania
US company Uber, which in five years launched, in over 200 cities worldwide, a smartphone application connecting users and transport services providers, is likely to launch its Romanian oper...
Brokers: Bucharest Bourse Well Positioned To Recoup Crisis Losses In One Year
The Bucharest Stock Exchange (BVB) is well positioned to further recoup the correction suffered during the crisis and stands the chance to top the 2007 highs in one-two years, in a European...