Reporter
Catalina Apostoiu
- Fields
- Companies, Retail&Consumer, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.264
Polish Investments In Romania Hit EUR224M In 2013
Romania registered Polish direct investments worth EUR224 million worth in 2013, large Polish-held companies operate businesses worth tens of million euros here and two Polish citizens hold...
Ghetea: CEC Bank Needs Strategic Shareholder
Radu Ghetea, who has been at the helm of Romanian state-run CEC Bank since 2007, says he wants the bank to be more active on the lending market but this depends on finding new capital source...
Culita Tarata Died Two Months And A Half After TCE 3 Brazi Went Bankrupt
Culita Tarata, one of the best-known and influential Romanian farmers, died on Friday night, only two months and a half after his company TCE 3 Brazi went bankrupt, with debts of almost EUR3...
Preh Romania Hires 100 More People In Brasov
Car part maker Preh Romania, a supplier of Porsche, Daimler, Audi or BMW, plans to recruit 100 people for its plant of Ghimbav, Brasov county. The company now has around 800 employees after...
Aerostar Bacau Expects 33% Higher Gains In 2015
Romanian aircraft construction and repair firm Aerostar Bacau (ARS.RO) takes into account a 33% increase in net profit next year, to 20 million lei, after the solid figures it posted in the...
Private Sector Created 19,000 Jobs In 2013; 460,000 Jobs Lost In The Crisis Still Need To Be Retrieved
The number of companies in Romania rose by 13,500 in 2013 from 2012, to around 460,000, while private sector headcount shows 19,000 new jobs were created, according to the latest data publis...
Romanian Detergents Factory - From Local Alba Brand, Through Tide And Ariel, To Private Label Brands
The detergent plant in Timisoara, western Romania, started manufacturing Alba laundry detergent, a Romanian brand, in 1958. Three decades later, along with the local economy, it entered the...
Rulmenti Barlad Wants To Return To Growth; Targets EUR55M Revenue In 2015
Romanian ball bearing maker Rulmenti Barlad, controlled by Turkish conglomerate Kombassan, intends to stop the sales decline it’s witnessed since 2011 and revert to growth. The company targe...
Traffic On Romania’s Airports In The Past 13 Years
While in 2000, Romania’s 16 operational airports saw 2.3 million passengers take off or land, in 2010 traffic was over four times bigger and in 2013 it had registered a fivefold increase, re...
Boromir Revenue Down 7% In 3Q; Returns To Profit In January-September
Boromir Prod Buzau (SPCU.RO), controlled by Romanian businessman Constantin Boromiz, reported revenue worth 20.3 million lei in the third quarter, almost 7% below the level of the year-earli...
Mars Romania Sees Profit Slide By 14% In 1H
Mars Romania, a major player on the local sweets market, ended the first half of this year with profit worth some 9 million lei (EUR2 million), down by 14% in lei from the similar period of...
Romanian Footwear Retailer Il Passo Mulls Local Production Unit, Stores Abroad
Local footwear store network Il Passo plans to expand abroad after having reached 15 units locally and also open a production unit, Petru Chiriac, the company’s owner told ZF Live.