Reporter
Catalina Apostoiu
- Fields
- Companies, Retail&Consumer, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.264
Romania’s Energy Traders, From Strong Growth To Plummeting Revenue
Deprived of access to hydropower at preferential prices and exposed to a falling demand, Romania’s ten largest private energy traders ended last year with revenue of around EUR1.1 billion, d...
Casa Rusu, Higher-Than-Expected Revenue Growth In 1Q
Timisoara-based Rus Savitar-Casa Rusu group, with operations in the furniture industry, saw revenue go up by over 30% on the year in January-March, on the rising production capacity and prod...
With Falling Industrial Demand, Romania Doesn’t Even Need Russian Gas
Given its declining natural gas consumption amid falling demand from industry, Romania is “hedged” against possible halts in deliveries of Russian gas transiting Ukraine.
Schweighofer, Set To Reach EUR900M Worth Of Revenue In Romania In Several Years
Group Schweighofer, the largest business in Romania’s wood processing industry, buys 2.4 million cubic meters of wood from Romania annually, a level that has remained constant in the past ye...
Pressure On Life Insurers Eases Up
Life insurers’ clients canceled policies worth 92 million lei (EUR21 million) in January-March 2014, down 21% from the same period in 2013, according to data provided by the Financial Superv...
Five Countries Cover Three Quarters Of Romania’s Wheat Exports
Romania’s wheat exporters delivered 4.7 million tons this season (ended on June 30), 87% of which outside the European Union.
Software Distribution Platforms Remain Some Of Most Profitable Romanian Companies
Softnews Net, the company behind the software distribution platform softpedia.com owned by Bogdan Gheorghe and Catalin Garmacea, registered net profit of EUR2.6 million in 2013 amid revenue...
Orange Romania, Set To Start Moving 1,500 Employees In Skanska Offices In Autumn
Mobile telephony operator Orange Romania rented a 13,700-sqm area in Green Court, an office building developed by Swedish group Skanska in northern Bucharest close to Promenada mall and the...
Mueller Boss: It’s A Good Time To Buy A Plant In Romania
This is the right moment to purchase a plant in Romania as there are many dairy industry companies struggling to survive, says Tzafrir Granat, the manager who has run the Romanian operations...
KFC And Pizza Hut Post Growth Due To Business Strategy, Not Consumption Rebound
Consumption is slightly picking up, but the over 10% sales increase KFC, Pizza Hut and Paul registered in the first quarter of 2014 was primarily due to the company’s strategy, drawn up seve...
Murfatlar Wants To Resume Growth This Year
Murfatlar, the biggest player on Romania’s wine market, which went insolvent in 2012 with a view to reorganization, expects it will revert into the black this year, budgeting a 12% revenue a...
Rom Beats Snickers On Romania’s EUR60M Chocolate Bar Market
Rom chocolate bar brand, produced in Bucharest by Kandia Dulce, was in 2013 the best-selling one on this segment by number of pieces, overshooting US brand Snickers, the world’s leading choc...