Reporter
Catalina Apostoiu
- Fields
- Companies, Retail&Consumer, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.264
Western Union: Most Money Transfers To Romania Operated From Italy, Germany And Spain
Most money transfers to Romania operated through Western Union were made from Italy, Germany and Spain, and the average value of a transfer is around $300, said Daniela Budurea, Western Unio...
Romanian Farmec Cluj Enters Dermo-Cosmetics Market
Farmec Cluj, the biggest local cosmetics producer, launched a dermo-cosmetics line, under the brand Gerovital H3 Derma A, which it will exclusively sell in pharmacies.
MedLife: Private Healthcare Sector Will See Major Insolvencies In 2015
Hospitals have not been a winning bet for many private healthcare operators in Romania and the market will be hit by significant insolvencies next year, said Mihai Marcu, managing board pres...
EBRD May Explore Opportunities To Support Banking Sector Consolidation In Romania
The European Bank for Reconstruction and Development (EBRD), the international financial institution with EUR6.8 billion worth of investments in Romania, is still interested in supporting th...
Retail On The Rise In Bucharest’s Old Town
Retail has come to take up one quarter of the over 300 spaces of Bucharest’s old town, an area still dominated by HoReCa units.
Romania Provides 20% Of Stefanel Clothes
Italy’s Stefanel, the first foreign fashion brand that bet on the Romanian market in the early ‘90s, says it has 5-6 production partners in Romania, with around 20% of clothes sold at group...
Iulian Dascalu Erects 15,000-Sqm Office Building Near Palas Iasi
Businessman Iulian Dascalu, owner of Iulius Mall shopping center network nationwide and of mixed development Palas in Iasi, started works for a new office building with a rentable area of 15...
Major Stakeholder In Romanian RCS&RDS Asks EUR60M For 3.6% Stake
Sfetozar Bugarszki, one of the most important individual shareholders of Romania’s cable TV company RCS&RDS, put up for sale, through an announcement published in ZF, a 6% stake in RCS Manag...
Insurers In Romania, Ever Frailer In The Battle With Players In The Region
Four local insurance companies got to hold a position among the region’s biggest 50 insurers by 2013 underwritings, but only one managed to climb one spot against the previous year, accordin...
The World’s Best-Performing Bourses: Romania Ranks 26th, Ahead Of US And Germany
The Romanian bourse ranks 26th in the world in terms of increases reported this year, with a 10.4% return, which places it ahead of the mature markets of the US and Germany.
Supeco Brand, Carrefour’s New Bet In Romania
Supeco Investment company, set up this spring by Carrefour Romania (with a 90% stake) and Artima (10%) late last week opened the first store in Romania, in Ramnicu-Valcea, a unit with a 1,70...
KPMG: Banks In Romania Need To Finish Cleanup Process, Overcome Risk Aversion And Restart Lending
Banks in Romania need to complete balance sheet cleanup and focus on resuming lending, to the end of generating new sources of profitability and sustainable growth.