Reporter
Catalina Apostoiu
- Fields
- Companies, Retail&Consumer, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.264
European Food And European Drinks See Revenue Slide 20% In 2013
In 2008, the group built in Bihor by brothers Ioan and Viorel Micula generated almost one billion euros in revenue. In 2013, two of the largest companies part of the entrepreneurs’ food empi...
Heidi Chocolat To Further Expand Plant If Demand Stays On Positive Trend
Heidi Chocolat, Romania’s biggest chocolate exporter, will focus on boosting exports in the coming period, a segment that now brings 50% of the company’s EUR17 million revenue, says Franco d...
Bucharest’s Sun Plaza, EUR15.9M In Revenue In 2013, Up 2.5%
The Sun Plaza mall of Bucharest’s Berceni district posted revenue of EUR15.9 million last year, up 2.5% compared with 2012, cementing its third position in Bucharest malls’ ranking.
Ford: Romania’s Clunkers Program Should Primarily Support “Eco” Car Sales
Romania’s clunkers scheme must be modified starting next year so that it may primarily sustain cars with low pollution levels and only then focus on driving used cars out of the market, the...
Pfizer To Invest Further In Romania Plant
Pfizer will continue to invest in the medium-sized production facility it owns in Cluj, northwestern Romania, according to Nolan Townsend, the American who arrived in Romania in May to take...
Radu Georgescu Bets EUR0.5M On A Domestic Start-Up’s Smartwatch
Vector Watch, a start-up set up in 2013 by Andrei Pitis, president of the Software Industry Association (ANIS), which plans to launch a smartwatch entirely conceived in Romania globally by y...
Angst Puts Up For Sale Its 22-Store Network Two Months After Exiting Carrefour Umbrella
Romanian entrepreneur Sorin Minea and Switzerland’s Angst family are in talks with several retail networks including Mega Image for the sale of Angst stores or the sealing of a partnership f...
Orange Romania: Economic Recovery Gave Mobile Telephony Market A Boost
Romania’s mobile telephony market is in a much better condition than 3-4 years ago, as retail clients consumed more and the economy’s revival can be felt in the industry, Jean Francois Falla...
CE Oltenia, EUR284M Worth Of Revenue In 1H, Sets Up Energy Trading Firm
Complexul Energetic Oltenia reported revenue of around 1.25 billion lei (EUR284 million) and net profit worth RON15 million for the first half of this year. One of 1H’s novelties was the set...
AdePlast Gives Up EUR20M Plant Project And State Aid
Building material producer AdePlast, controlled by businessman Marcel Barbut, renounced the EUR7.3 million state aid it got last year for the construction of a stone wool plant, an investmen...
Greece’s Olympus Sends 75% Of Brasov Dairy Production To Ten Countries Of Europe
At the exit way from Brasov to Sighisoara, in Halchiu, a “trio” of giants that built plants from scratch arises. This includes Greek-held Olympus, which produces cheese, yoghurts or milk und...
Immochan: There Are Too Few Retailers In Romania
Shopping center owners find it hard to fill 130 stores as the number of retailers boasting nationwide coverage is small and a large part of them are not expanding at the moment, says Tatian...