Reporter
Catalina Apostoiu
- Fields
- Companies, Retail&Consumer, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.264
Tymbark Juice Producer Expects 10% Higher Revenue In Romania This Year
Tymbark Maspex, a major player on Romania’s soft drinks market, expects revenue to rise by 10% this year, taking further the upward trend of the past six years, according to company informat...
Romanians Spend EUR4B Per Year In 60 Malls
The words “mall” and “shopping” entered Romanians’ vocabulary 15 years ago, with the opening, in September 1999, of Bucharest Mall in Vitan district, developed by Turkish group Anchor on the...
No Private Or Foreign Airline Interested In Romanian Local Flights
On the local flight market it dominates, Romanian state-run airline Tarom saw traffic go down by 10% in the first half of this year against the same period of 2013.
Romanian SME Minister Proposes Law For “Business Angels”
Romania’s minister for SMEs, Florin Jianu, a former businessman, wants to find other funding sources for the development of small and medium-sized businesses beside EU funds and the state bu...
Romanian Business Learns How To Turn A Profit Again
Romanian companies reported the lowest overall loss in the past six years, at EUR10.5 billion in 2013, while profit totaled EUR14.1 billion, according to Trade Registry data. The gap between...
Romanian Furniture Market Resumes Growth, But Small Producers Still Struggle
Small furniture producers present at the International Furniture Fair held at Romexpo exhibition center in Bucharest say 2014 has been a challenging year so far, but that there are positive...
International Retailers Vie For Small Merchants In Romania
The 70,000-80,000 small stores still operating in Romania are eyed by international retailers, which are trying to attract them in franchise. Thus, in full crisis, Carrefour, as well as Metr...
Interest Rates For Mortgage Loans In Lei Slide To Nearly 5%
The average effective interest rate of Romanian currency-denominated mortgage loans hit an all-time low of 5.2% per year in July, half the level of three years ago, when banks sold only euro...
Kingfisher Posts Sales Of GBP42M And Losses Of GBP6M In Romania In 1H
British group Kingfisher, which last spring bough the 15 Bricostore DIY stores, registered sales of GBP42 million (around EUR52 million) in Romania and a loss of around GBP6 million in the f...
Maramures, The Capital Of Furniture Production In Romania
Five furniture producers with overall revenue of above EUR300 million and 6,500 employees are headquartered in Romania’s Maramures county.
FAN Courier Posts 19% Higher Revenue In 1H
Romanian courier services company FAN Courier, controlled by three Romanian entrepreneurs, ended the first half of this year with revenue of 151 million lei (EUR34 million), up 19% from the...
Banat Land Prices Hit EUR7,000/Ha, Double The Level Of The Rest Of Romania
Agricultural land plots of Banat, Romania, have come to be traded at prices of between EUR5,000 and EUR7,000/ha, after the market in the region got crowded amid cash pumped by foreign invest...