Reporter
Catalina Apostoiu
- Fields
- Companies, Retail&Consumer, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.264
Electrica Likely To Join MSCI Index In November
Romanian electricity distributor and supplier Electrica (EL.RO), listed on the Bucharest stock exchange in July following a 1.9 billion lei (EUR432 million) initial public offering, is likel...
Kaufland Opens First Small Format Store In Romania
German-held retailer Kaufland, the biggest player in Romanian retail, opened its first small format (around 2,000 square meters) store in Romania. The store was opened in Gherla locality of...
RCS&RDS Gulps Up Smaller Romanian Cable TV Companies
RCS&RDS, the biggest player on Romania’s cable TV market, continues to buy smaller players in the industry, having gained around 50,000 subscribers through these deals since the beginning of...
Former Pharma Manager Sets Up Ecofarmacia Network
Marius Chereches, former manager of companies such as Ozone or PharmaFarm, has in the past four years developed Ecofarmacia pharmacy network, which has reached 26 units in Ardeal area of Rom...
Romania To See EUR1B Worth Of Highways Completed By 2016
Romania currently has ten highway sites on which builders are working or are set to start works by year-end, according to a ZF survey based on data provided by the national road authority CN...
Romanian Brewers’ Hopes Shattered By Worst Year-Half In 9 Years
Beer sales fell by 8% to 7.8 million hectoliters (785 million liters) in the first six months of this year, taking further last year’s downward trend, in an industry that depends on football...
Arsis Owner: 2014, The Best For Us Of The Past 5 Years
Arsis Trading, the largest telecom store network controlled by a Romanian entrepreneur, registered revenue of RON58.3 million (EUR13.1 million) in the first half of this year, up 4% compared...
Five Romanian Entrepreneurs Sell EUR1B Worth Of Gas And Diesel Oil With Handful Of Employees
Five companies owned by Romanian entrepreneurs in 2013 raked in almost EUR1 billion from fuel trade and four of them have just 360 employees overall. Romania has only 50 domestic-held compan...
Romanian State-Run Airline Tarom Puts Direct Flights To Beijing On Standby
Tarom’s most-awaited direct flight, Bucharest-Beijing, cannot be launched on the lack of an approval to fly above the Russian airspace.
Cargill Doubles Capacity Of Constanta Export Terminal
U.S. freight trader Cargill and Transport Trade Services (TTS), a company owned by Romanian entrepreneurs, completed a EUR15 million project to double the storage capacity of Canopus Star gr...
Lending In Lei Rose In July For The First Time In 5 Years
Romanian currency-denominated consumer loans in July registered the first annual increase in the past five years, reaching RON23.5 billion, 0.1% above the level of the same period of 2013, a...
Dan Ostahie Sells Aurora Mall In Buzau And Shopping Gallery In Alba To NEPI
The deal was carried out through NEPI’s taking over and paying a EUR22 million loan to Austria’s Volksbank.