Reporter
Catalina Apostoiu
- Fields
- Companies, Retail&Consumer, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.264
15 Of The 20 Banking Groups With Exposure To Romania Pass ECB Test
The five banks with local operations present on the list of the 25 European groups that failed the European Central Bank's stress and asset quality test manage assets worth above EUR10 billi...
ZF Expert: Romania Needs Consumption And Investments
Romania cannot hope for annual economic growth of 5% in the next ten years in the lack of consumption and investments. This was one of the conclusions of last week’s ZF Expert meeting that w...
Heavy Trucks Bolster Romania's Commercial Vehicle Market In January-August
Heavy trucks, of above 18 tons, mainly used in international shipments, were the most dynamic segment of the vehicle market in the first nine months of this year, with a 33% increase, to ove...
EUR250M Worth Of Cars Sold Under Romania's 2014 Clunkers Program
This year’s clunkers scheme wound up last week, with 20,641 new passenger cars sold, out of which 3,641 cars were purchased by legal persons and public institutions.
Azomures Gets EUR75M Funding From BCR And UniCredit
BCR and UniCredit Tiriac, two large banks in Romania, granted funding worth EUR75 million to Romanian fertilizer producer Azomures. The company will use the money to upgrade its two ammonia...
Mega Image Set To Maintain Focus On Bucharest
Mega Image will maintain its focus on Bucharest, where it already owns almost 80% of the 360 stores it has in Romania, says Xavier Piesvaux, the executive who has been running the company’s...
Weight Of Bulk Products, Still High On Romania’s Wafers Market
Romanians consume on average around thirty 20-gram wafers annually, on a market where bulk products still account for over one quarter in total wafer volumes sold, reveals a ZF survey.
La Fantana: Local Production Is The Key To 5% Economic Growth
“At the moment local output, both of Romanian producers and of foreign investors, regains its well-deserved position in the local economy, then Romania will achieve economic growth of 5%,” s...
Retailers In Romania Embark Upon Aggressive Promotion Campaigns
The trend of modern retailers in Romania positioning themselves next to direct or indirect rivals has become ever more visible lately as the battle for clients has turned fiercer. Moreover,...
Romvac Hopes To Double Exports Of Vet Drugs Each Year
Exports of Romanian manufacturer of veterinary drugs and vaccines Romvac are likely to reach 10% of revenue in 2014, six years after it started abroad deliveries, says Constantin Chiurciu, t...
IKEA Romania Expects Online Sales At 5% Of Revenue In 2015
Online sales are likely to come to 5% of IKEA Romania revenue in 2015 financial year (that started in September and will end in August 2015), but growth potential on this segment is higher t...
Nuclearelectrica: Energy Prices Will Go Further Down In 2015
Prices will continue to fall next year and the “scary part” is consumers’ lack of appetite for long-term contracts, says Daniela Lulache, general manager of Nuclearelectrica, the company tha...