Reporter
Catalina Apostoiu
- Fields
- Companies, Retail&Consumer, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.264
Carrefour Taps Rural Areas In Romania With New Store Concept
French group Carrefour, already present in Romania with around 150 stores operating under four concepts, has introduced the Contact brand on the Romanian market this year, which it plans to...
City Grill Seeks To Acquire Some Of Its Competitors, Expand Outside Bucharest
Dragos Petrescu, who controls the City Grill restaurants and manages Caru’ cu Bere, said 15%-20% of the 10,000 clients visiting the group’s units on a daily basis are foreign tourists.
Kenvelo’s Priorities: Brioche Doree Cafés In Victoriei And Universitate Squares; Rebranding As KVL
Brioche Doree, the café brand brought in Romania by the head and shareholders of group Kenvelo together with a French partner, is going to add at least five units in shopping centers like AF...
Sergiana Group's 2013 Sales Top EUR40M
Brasov-based group Sergiana operating in the food industry, one of the ten largest businesses in Brasov county, overshot the EUR40 million sales mark in 2013, due to a 10% increase, accordin...
Producer Of ZIZIN Water Targets 50% Revenue Growth This Year
Brasov-based Apemin ZIZIN, the producer of the ZIZIN natural mineral water brand, expects revenue of EUR15 million this year, up around 50% from 2013, according to ZF calculations based on c...
ING: High-Income Clients, The First To Seek Yields Above Interests
The decline of bank interest rates below 4% a year has hindered the appeal of deposits as a savings tool and bank clients are seeking more profitable alternatives.
Romaqua Group Back In Black After Two Years Of Losses
Romaqua Group, Romania’s largest producer of natural mineral water, ended last year in the black after having piled up losses of 12 million lei (around EUR2.7 million) during the 2011-2012 p...
Unilever Sales in Romania Grew In Mid Single Digits In 2013
Unilever South Central Europe registered revenue growth of around 5% last year, and the Romanian market boasted the best performance in the group of eight countries in the region.
Agriculture, Hardly On Bankers’ Priority List
Agriculture has gained importance in bankers’ eyes since the crisis onset, advancing from 2.2% in the total portfolio of the banking sector in 2008, to 3.6% in 2012, but the level stayed unc...
Agrana Lifts Revenue of Romanian Farmers
Iasi-based Agrocomplex Lunca Pascani, which owns 3,200 hectares of farmland and 1,000 cows, saw its revenue go up by 29% last year, to 26.5 million lei (EUR6 million) in the wake of investme...
Heineken Romania, Steepest Profit Decline In 3 Years In 2013
Heineken Romania brewer in 2013 posted net profit of 159.9 million lei (EUR36.2 million), down almost 14% from 2012. This is the sharpest profit slump in the past three years for Heineken, R...
Analysts: Tough Times Await Pharmaceutical Companies
The year 2013 brought a surprise change at the peak of the Romanian drug industry, with Switzerland’s Roche gaining the top spot amid the largest players on the local profile market, after r...