Reporter
Catalina Apostoiu
- Fields
- Companies, Retail&Consumer, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.264
Billa, Due To Keep Up Expansion Pace
Supermarket chain Billa ended last year with revenue of 1.36 billion lei (EUR307.5 million), up 7.3% from 2012. During the same period, the company reached 80 stores, from 71 in 2012, so tha...
Tymbark Maspex, Set To Increase Headcount By 10% In Romania By Yearend
Tymbark Maspex, the largest Polish investor in Romania’s soft drinks industry, has hired over 100 people since the beginning of the year, with its headcount in the country revolving around 8...
Aqua Carpatica's Exports Set To Top Local Sales In Two Years
Carpathian Springs, the company that produces mineral water brand Aqua Carpatica, created by businessman Jean Valvis, ended 2013 with revenue of 55.5 million lei (EUR12.6 million), up 65% on...
Immofinanz Wants Office Building In Downtown Bucharest Included In Its Portfolio
Austria’s Immofinanz is looking into several options to include an office building in downtown Bucharest into its portfolio, said Sorin Visoianu, the executive who five years took over the m...
Romania's 20 Largest State Companies Post Net Profit Of EUR350M In 2013
Romania’s 20 largest state-owned companies, monopolies in energy production, gas or rail transport, reported cumulated net profit of around EUR350 million in 2013, according to data centrali...
Continental's 2013 Revenue In Romania Surges 21% To Nearly EUR1.83B
German-held Continental group, which includes seven companies operating eight production units in six cities, reported 21% higher revenue in Romania in 2013, to nearly EUR1.83 billion, accor...
H&M Beats Zara By Revenue, But Zara Still Most Profitable Fashion Brand In Romania
H&M became the strongest fashion brand in Romania by revenue last year, overshooting Zara. Thus, the Swedish-owned company ended 2013 with revenue of 381.5 million lei (EUR86.3 million), whi...
Lindab Mulls New Acquisitions And Investments In Romania And Other Countries
Swedish constructions and ventilation systems provider Lindab is ready to consider acquisitions or investments from scratch, both in Romania and in other countries, said the group's Chief Ex...
EBRD Likely To Buy At Least EUR50M Worth Of Stock In Electrica
The European Bank for Reconstruction and Development (EBRD), one of the largest institutional investors present in Romania, is likely to invest at least EUR50 million in the initial public o...
Flanco CEO: Romanian Electro-IT Sector Leaves The Crisis Behind
Romanians have resumed purchases of white goods, such as refrigerators, cookers and washing machines, which shows the local electro-IT market has exited the crisis, says Dragos Sirbu, appoin...
Online Retailer Elefant.ro Aims To Triple Revenue In 2014
Online retailer Elefant.ro wants to triple its revenue this year against 2013, to EUR20 million, amid the expansion of its product portfolio, set to turn the business initially started as an...
After Railcars, Valer Blidar Bets On Trams
Businessman Valer Blidar, who owns Arad-based railcar plant Astra Vagoane Calatori, says the company ended the first quarter of this year with profit worth 38 million lei (EUR8.6 million), a...