Reporter
Catalina Apostoiu
- Fields
- Companies, Retail&Consumer, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.264
Frisbo: Romanian E-Commerce Will Go Beyond EUR2B This Year, Double The 2014 Level
Romania’s e-commerce market will reach EUR2 billion this year, double the 2014 level, and will continue to grow in the next ten years as online sales now account for just 2.5% in the overall...
A&D Pharma Shareholders Stick Low-Cost Brand Punkt On Part Of Bucharest Sensiblu Pharmacies
A&D Pharma, the largest group in Romania’s drug industry, has reached a network of over 10 Punkt-branded pharmacies, according to data compiled by ZF, with the new network taking shape in ju...
Biofarm Goes Shopping, Wants To Earmark RON14M For Acquisitions
Romanian drug maker Biofarm Bucuresti (BIO.RO) wants to acquire a pharmaceutical company to gain market share and grow its own business.
Hidroelectrica Wants To Pay 80% Of 2014 Record Profit As Dividends
The judicial administrator of insolvent Hidroelectrica, Romania’s biggest power producer, will propose to the company’s creditors and shareholders the disbursement of dividends accounting fo...
BCR Leasing Wants To Go Beyond EUR100M In Funding This Year
BCR Leasing, a top ten player on Romania’s leasing market, forecasts a 50% increase in the volume of granted financing this year, from almost EUR71 million (RON315 million) in 2014, accordin...
Bakery Company Spicul Goes Bankrupt
Romanian bakery company Spicul, a name with a 160-year history in the local industry, has entered bankruptcy after four years of insolvency and now the plant of Rudeni locality, Ilfov, is pu...
Romanian Biochem Teams Up With Bunge For Use Of Calarasi Silo
Romania’s agribusiness company Biochem, owned by Chimisliu family of Constanta, has teamed up for the use of the silo and the 44,000-ton warehouses it owns in Dragalina with US conglomerate...
Prices Of Old 3-Room Apartments In Bucharest Fall By EUR1,600 In March; Average Price Does Not Go Below EUR75,000
The average asking price of old three-room apartments in Bucharest went down in March for the first time since the start of the year, hitting an average of around EUR75,300, according to ZF...
TMK Artrom Targets New Output Record And Higher Profit In 2015
Romania’s steel pipe maker TMK Artrom (ART.RO) plans to slightly increase production this year, but also sell it for higher prices, thus generating net profit of almost 60 million lei, up 46...
LG: Romanian TV Set Market Neared 1 Million Units In 2014, Above Estimates
Romania’s TV set market reached 970,000 units last year, up almost 35% on 2013, with the increase mainly due to consumption growth, the Football Championship and discount campaigns organized...
Ryanair Set To Fly To Seven Destinations From Otopeni Airport By Yearend
Low-cost airline Ryanair will come to operate flights to seven destinations from Bucharest’s Henri Coanda airport by yearend and wants to carry 700,000 passengers per annum in Romania.
GFR Focuses On Consolidation; Targets Slight Revenue Growth In 2015
Grup Feroviar Roman (GFR), the largest private railway freight transporter in Romania, part of Grampet group, generated revenue worth around 696 million lei (EUR155 million) in 2014, down 5%...