Reporter
Catalina Apostoiu
- Fields
- Companies, Retail&Consumer, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.264
RBS, Set To Leave Romania; PwC Mandated To Seek Buyer
After having sold its retail business and a set of non-performing corporate loans in 2013, UK's Royal Bank of Scotland now has a branch with a small market share left in Romania.
Farmers Move From Corn To Rapeseed
Farmers have slashed areas cultivated with corn and switched to rapeseed amid the smaller weather risks and higher financial yields associated with oleaginous seed businesses, says Cosmin Ch...
Romgaz After Five Years Of Crisis
Romgaz, Romania’s biggest natural gas producer, reached revenue of above 881 million euros last year, up 17% from 2009, the toughest year for the Romanian economy after the collapse of Lehma...
Cismigiu Hotel Of Bucharest, 56% Occupancy Rate In 1Q
Bucharest’s Cismigiu hotel, a monument building of the city, opened in late 2012, ended the first three months of this year with an average occupancy rate of 56%, from the 38% reached in the...
Deichmann Passes Leonardo To Become No 1 On Romania's Footwear Market
Leonardo, a Romanian company with a two-decade history, in 2013 lost the leading position in Romanian footwear retail to German-held Deichmann that entered Romania in 2007 with a similar bus...
kika Starts Integration In Steinhoff Group
Furniture and home décor retailer kika Romania started integration in group Steinhoff, which acquired the Austrian retailer last year, and the most important stage, involving the adjustment...
Romanians Spend Less Than EUR3/Year On Shampoo, Two Times Less Than The Czechs Or Polish
Romanians purchased 50-55 million euros worth of shampoo in 2013, when over 60% of the market was shared by three international giants, namely Procter&Gamble, Unilever and L’Oreal. P&G, incl...
Biggest Money Manager In Romania Switches To Equity Funds
Erste Asset Management, the biggest mutual fund manager in Romania, wants to raise EUR100 million with six new funds destined to investors seeking alternatives to the falling interest rates...
Banca Transilvania Ready To Go Shopping
Banca Transilvania (TLV.RO) is in talks to buy a bank or a portfolio, with a possible deal set to be sealed if it brings added value and if it is related to the retail or SME segment, states...
EBRD Looks At SMEs And State-Owned Companies In Romania
The European Bank for Reconstruction and Development is interested in buying stakes in Romanian state-owned companies, but is also mulling the country’s small and medium sized companies, sai...
Swiss-Held Rieker Makes EUR50M Worth Of Shoes In Lugoj
The plant Switzerland’s footwear manufacturer Rieker holds in Lugoj, Timis county, ended 2013 with revenue of 220.9 million lei (EUR50 million), down almost 19% from 2012.
Rompetrol's Sales Decline Slightly After Excise Duty Introduction
KazMunayGas International (the former Rompetrol), Romania's second largest oil group, says the fuel price hike has had a relatively low impact on its sales, with demand in its filling statio...