Reporter
Catalina Apostoiu
- Fields
- Companies, Retail&Consumer, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.264
Romanians Spend 21 Times Less On Insurance Than Other Europeans
Romania’s insurance industry is lagging further behind the European market as the average budget earmarked for insurance in 2013 stood at EUR92, 21 times less than the EU average, according...
Romania’s Construction Material Output Up 9.3% In 1H
Production of construction materials in Romania in the first six months of this year saw a 9.3% growth compard to the same period last year, according to data provided by national statistics...
Revenues Of Romania’s Largest Courier Firms Grew In 1H On Rising Demand For Parcel Delivery
The French post office, which owns courier services company DPD in Romania, Deutsche Post, present locally through DHL, US-held UPS, which controls the courier company of the same name, as w...
Romanian Spirits Market Sees Moderate Budgets For 2014, Optimism For 2015
BDG Import, the importer of whisky brand Jack Daniel’s, and Prodal ’94, the producer of Stalinskaya vodka, estimate revenue increases of 8-10% and 3%, respectively, for this year, in a marke...
Romanian Software Producer Arobs Considers Stock Market Listing To Fund Acquisitions
Software solution provider Arobs Transilvania is considering an IPO on the Bucharest Stock Exchnage in a bid to fund the purchase of local and regional players.
Romtelecom And Cosmote Become Telekom Romania. The Bet Is On Integrated Services
Telekom Romania, the group that emerged following the rebranding of mobile and fixed telephony operators Cosmote and Romtelecom, does not plan to engage in “price wars”, but will attempt to...
Rompetrol: Option Of Acquiring Gas Filling Stations Becomes More Likely
For Rompetrol, Romania’s second largest oil group, the option of buying gas filling stations is now more likely because only one of the 15 gas stations the company was planning to open this...
Bucharest-Ploiesti Highway, Unconnected To Capital City For Another 2 Years
The first 6.5 km of the Bucharest-Ploiesti highway, which should link Romania’s capital city to the beltway, no longer have a completion deadline, after Italy’s Pizzarotti, which also built...
Dragos Petrescu, Set To Open A Boutique-Hotel In Downtown Bucharest
Dragos Petrescu, one of the best-known entrepreneurs in Romania’s restaurant industry, will invest some EUR3 million to open a boutique-hotel in downtown Bucharest and refurbish Hanu’ Berari...
Mutual Fund Giants Triple Holdings Of Romanian Government Paper
Erste Bond Flexible and Raiffeisen RonPlus, Romania’s biggest mutual funds, with overall assets of 8.5 billion lei (EUR1.9 billion), have RON3.8 billion (EUR860 million) invested in governme...
Toyota Romania Banks On 15% Sales Growth In 2014
Toyota Romania, the importer of Toyota and Lexus brands in Romania, owned by English group Inchcape Motors, expects its revenue to rise from EUR126 million in 2013 to EYR145 million in 2014...
Strauss Coffee, Set To Buy New Companies in Romania If Opportunities Arise
Strauss Coffee, the world’s fifth largest producer of green coffee that owns Doncafe brand locally, is open to further acquisitions in Romania after it sealed the most important deal of rece...