Reporter
Catalina Apostoiu
- Fields
- Companies, Retail&Consumer, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.264
Dutch Van Oord Hires 400 People To Extend Constanta Harbor Dam
Dutch-held company Van Oord, specialized in marine constructions, hired 400 workers, mostly Romanians, to add one kilometer to the dam of Constanta harbor, a contract it won last year and th...
Romanian Apulum, Major Local Supplier For IKEA, Set To Enhance Production
Alba Iulia-based porcelain manufacturer Apulum, controlled by Italian investors, one of IKEA’s main local suppliers, has reached total production capacity of 40 million porcelain items a yea...
July, Best Month In A Decade For Local Grain And Seed Traders
Agricultural raw material traders in Romania had in July the best month of the past decade, with wheat, barley and rapeseed exports of 1.3 million tons, up 12.3% from July 2013.
Hotels Controlled By SIF Transilvania Saw Losses Widen Ten Times Last Year
The hotel companies controlled by SIF Transilvania (SIF3.RO) and traded on the Bucharest Stock Exchange in 2013 registered overall losses standing at 5 million lei (EUR1.13 million), ten tim...
Lemet Focuses On Store Network Development
Alexandru Rizea, owner of furniture producer Lemet Campina, which operates Lem's stores, says he is now focusing on investments in a new hall, where the company is looking to expand its prod...
Foreigners’ Deposits In Romania Rise On Month In July, Drop EUR260M On Year
Banks in Romania had medium and long-term deposits set by non-residents, mostly forms of support from parent banks, worth the equivalent of EUR6.42 billion in late July, EUR150 million above...
Genpact Seeks To Hire 400 People In Romania
Indian-held outsourcing services provider Genpact, with around 2,500 employees in Romania, wants to recruit 400 people by year-end, the company said. Of these jobs, 75% are dedicated to entr...
Mutual Funds In Romania Are Flying High: Net Inflows Of RON3B In 8 Months
Local mutual funds attracted record high net inflows of RON3 billion in the first eight months of this year, a sign Romanians are ever more concerned about falling banking interest rates and...
Former Employee Of Bitdefender Creator Set Up Business Boasting Two-Digit Annual Growth
Daniel Toma, a former employee of Florin Talpes, the creator of IT security company Bitdefender, set up a business that provides business optimization software solutions, which registers two...
Romanian Entrepreneurs Who Won The Battle Against Multinationals
FAN Courier, with revenue of EUR60 million, and Autonom Services (Autonom Rent A Car brand), a EUR12 million business, dominate the local courier and car rental services markets as they were...
Credit Europe Halves Loss In Romania
Credit Europe, the local subsidiary of the financial group controlled by Turkish billionaire Husnu Ozyegin, ended the first half of this year with a net loss of EUR6.1 million (the equivalen...
Brokers, The Favorite Distribution Channel For Car Insurance In Romania
Carpatica Asig, Euroins and City Insurance lead in the ranking of insurers banking on brokerages for the distribution of their policies, with around 90% of premiums being generated through t...