Reporter
Catalina Apostoiu
- Fields
- Companies, Retail&Consumer, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.264
Analysts’ Pessimism About The Romanian Economy Deepens
Analysts’ confidence in the economy weakened further as Romania entered technical recession and amid local political tensions, with both the perception about current conditions and expectati...
Japan's Yazaki Opens Two New Production Units In Romania
Japan’s car part producer Yazaki is set to open two new production units in Romania, in Braila and Urlati (Prahova county), where it will hire 4,000 people.
Romania’s Food, Beverage And Tobacco Wholesalers Laid Off 9,300 People During Crisis
The 3,061 companies operating in Romania’s food, beverage and tobacco wholesale sector in 2013 generated overall revenue worth 21 billion lei (EUR4.75 billion), down 6% in lei on the year.
World Class Romania Opens Four New Clubs And Hopes For 44% Revenue Increase
World Class Romania, the country’s largest fitness chain, saw revenue go up by 44% in the first nine months of this year. A similar increase was registered in terms of the number of members.
Romanian Trader Marius Bucur Sets Up NBFI To Tap Agricultural Finance Market
Businessman Marius Bucur, who owns Brise Group, the biggest Romanian-held agricultural trader, in August registered NBFI Brise Capital Group.
Romanian Bourse Forges Consultant Team To Prepare Startups For Floatation
The Bucharest Stock Exchange (BVB) will have a team of licensed consultants, made up of brokers, consultancies, law firms or auditors, meant to help it attract companies on the alternative t...
Romania’s Brewers, Bearish About 2H As Consumption Slides By 8% In 1H
This summer’s beer consumption in Romania was weaker than last year’s and there’s little time left until yearend for the first half's declines to be recouped, says Onno Rombouts, president o...
Employment Rate In Romania Goes Up, Employers See Salaries Rise In Two Years
The falling unemployment rate, but also the declining number of inhabitants (Romania now has below 20 million inhabitants) were two of the factors that led to labor market improvement, so th...
Kaufland Expands Turda Warehouse And Nears 20 Ha Of Logistics Space In Romania
Kaufland, the biggest player in Romanian retail, is set to add 7,200 square meters to its warehouse of Turda (Cluj county), the company’s second logistics center after the one in Ploiesti, a...
TotalSoft Set To Turn More To International Markets
TotalSoft, one of Romania’s biggest software producers, controlled by Greek investment fund Global Finance, is set to increase revenue by at least 15% this year and around one third of reven...
Romania’s Biggest Bicycle Maker Wants More Local Resources
Mechrom Industry, with two production units in Romania, gets 10% of total raw materials used in bicycle part production from Romania. In three years, though, the local subsidiary of Italy’s...
Romanian Sortilemn Gherla Sees Revenue Go Up 35% In 1H
Gherla-based Sortilemn furniture producer, a major local supplier of Swedish group IKEA, generated revenue worth EUR22.3 million in the first half of the year, up 35% from the year earlier p...