Reporter
Catalina Apostoiu
- Fields
- Companies, Retail&Consumer, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.264
Lidl Sets Eyes On Former Bragadiru Brewery For Expansion
Germany’s Lidl, which owns in Romania a network of over 170 stores with annual sales of around EUR700 million, plans to expand to Bragadiru, near capital city Bucharest, on a land plot of th...
UniCredit Tiriac Bank Wants Double Net Profit In 2014
Financial group UniCredit Tiriac Bank, which includes the fourth bank in Romania by assets and consumer finance company UniCredit Consumer Financing, aims to increase the volume of loans gra...
SIFs Come To Hold 87% In Biofarm Stock
Regional investment companies SIF Muntenia (SIF4.RO) and SIF Banat-Crisana (SIF1.RO), which owns 5% in former, took over 205.2 million Biofarm (BIO.RO) shares from the investors that subscri...
Owners Of Bucharest’s InterContinental And Radisson Blu Hotels Turn Profitable
The companies that own five-star hotels InterContinental and Radisson Blu of Bucharest, switched into the black in 2013 after having reported losses for the past five years (excepting 2011 i...
Romcab Targets 40% Higher Revenue In 2014
Romanian cable maker Romcab Targu-Mures (MCAB.RO), whose shares brought 127% gains to stock market investors in the first four months of 2014, expects 40% higher revenue this year, to a reco...
Romanians Export Expensive Leather Shoes, But Wear Cheap Chinese Ones
Around seven out of ten pairs of shoes imported by Romanians are made of plastic, rubber or textiles, with just one out of five pairs made of leather. Thus, Romanians mainly wear “made in Ch...
Peek&Cloppenburg's Three Romanian Stores Generated EUR28M Revenue In 2013
Germany’s retailer Peek&Cloppenburg, present in Romania with three stores, ended 2013 with revenue of 125 million lei (EUR28 million), up 21% from 2012.
Altex, Above-Market Growth So Far In 2014
Altex, Romania’s strongest retailer of electrical home appliances, electronics and IT equipment, in the first months of this year saw sales rise by 18%, Dan Ostahie, owner of the group and o...
JW Marriott 1Q Revenue Falls In Line With Expectations
Bucharest’s five-star hotel JW Marriott, the second largest luxury hotel by number of rooms, ended the first quarter of this year with flat revenue against the same period of 2013, according...
Antibiotice Iasi, Set To Near EUR100M In Revenue In 2016
Antibiotice Iasi (ATB.RO) plans to boost revenue by stepping up exports and launching new products. The company ranks 11th among the biggest players on the Romanian pharmaceutical market.
Strabag: Romania Increasingly Appealing For Multinationals
Austria’s group Strabag, which built two highway sections between Deva and Sibiu, predicts the Romanian constructions market will advance by 5.8% this year as both private and public investm...
Hervis Stores, Into The Red Again In Romania
Sports equipment retailer Hervis, present in Romania with a 13-store network, in 2013 went into the red again after a year in positive territory.