Reporter
Catalina Apostoiu
- Fields
- Companies, Retail&Consumer, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.264
Bankers In Romania Step Up Loan Portfolio Cleanup Process
Mures, Neamt, Bucharest and Valcea lead in the ranking of counties witnessing the fastest decline in loan overdue installments, with the volume of outstanding payments narrowing by at least...
Crisis Businesses In Romania Start Caving In
In the first seven months of this year, almost 50,000 entrepreneurs in Romania bid farewell to the businesses they ran, down just 2% from the same period of last year, according to Trade Reg...
Romania’s 20 Largest Pharmacy Chains Go Beyond EUR1B In Revenue In 2013
The 20 largest pharmacy networks in Romania in 2013 generated overall revenue worth above EUR1 billion, up 10% against 2012, amid the rising number of units.
Romanian State-Run Tarom Carried 1 Million Passengers In 1H, Up 7%
Romania’s state-owned airline Tarom carried 1 million passengers on local and external routes in the first half of this year, up 7% from the same period of last year, according to the compan...
Just 5% Of Romanian Households Bought Food, Apparel Or Cosmetics Online In 2013
Over 1.1 million Romanians bought foodstuffs, apparel, cosmetics or home care products on the internet last year. Thus, with just one in 20 Romanians buying FMCG goods online, the local mark...
Piraeus Bank Romania: Demand For Loans Is Rising
Piraeus Bank, a Greek-held medium-sized player in Romania’s banking system, in January-July 2014 released retail loans matching the value of loans granted in the entire 2013 and reached mont...
Romanians Spend EUR1B Annually In Agro-Food Marketplaces
Romanians annually spend around EUR1 billion in mobile and agro-food marketplaces, namely 7% of the money they spend in food retail, where hypermarket and supermarket chains rule, with an ov...
Ecopack: Corrugated Cardboard Market Grows, But At A Slow Pace
Romanian cardboard packaging producer Ecopack Ghimbav, controlled by businessman Vladimir Cohn, counts on a 10% production capacity increase after the company completes, this autumn, an inve...
Bucharest’s Howard Johnson Hotel Sees Revenue Go Up 10% In 1H
Bucharest’s four-star hotel Howard Johnson, with a capacity of 285 rooms, ended the first six months of this year with 10% higher revenue against last year amid the rising demand for accommo...
Strabag’s Plans For Bucharest’s JW Marriott 5-Star Hotel
Gregor Aufhauser, the general manager of Societatea Companiilor Hoteliere (SCH) Grand, which manages Bucharest’s five-star hotel JW Marriott, says he’s carrying out the project for the refur...
Bucharest Forex Market Deals Down 7% In 8 Months
Bucharest forex market, the biggest local market, in the first eight months of this year registered a deal volume worth EUR245 billion, the equivalent of a daily average of EUR1.53 billion,...
Romania’s Drug Wholesale Sector Gained EUR1.4B During The Crisis
The 1,600 drug wholesalers registered in Romania generated overall revenue of 23.4 billion lei (EUR5.3 billion) last year, up 60% against 2008, the best year for the Romanian economy.