Reporter
Catalina Apostoiu
- Fields
- Companies, Retail&Consumer, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.264
Evomag Aims At EUR50M In Revenue In Three Years
Evomag, a major e-commerce player in Romania, with a 9-year presence on the market, wants to reach revenue of EUR50 million in three years, Mihai Patrascu, the company’s owner and general ma...
May 1 Holiday Fills Mamaia Luxury Hotels
Luxury hotels of Mamaia, Romania’s most popular seaside resort, will operate at full capacity during the May 1 holiday. The tariff of three-night stays at a five-star hotel starts from EUR30...
Paint Plants Operate At Half Capacity In Romania
Policolor, one of the largest players on the Romanian paint and varnish market, expects the industry to stabilize this year, though it may slightly contract.
Romania’s Tallest Building Set To Reach 50% Occupancy Rate In Two Months
The construction of Sky Tower, a 36-floor and 137-meter high office building, was completed more than a year ago and just 35% of spaces have been filled so far.
Domestic Transporters Set To Fill Up In Austria
Domestic transporters that operate international shipments to Western Europe decided to exclusively fill up outside Romania after the Romanian government introduced the new fuel excise duty...
25 Strongest Romanian Building Materials Brands Have Annual Sales Of EUR1B
Brand has become a solid argument in end consumers’ buying decisions in the building materials industry as well.
EximBank Appointed Dorin Badea As Treasury Head
Starting May, the treasury of state-owned bank EximBank will be headed by Dorin Badea, an expert in the field who held for a short time the position of vice-president of the recently set up...
Automotive Producer Hella Hired 700 People In Romania In Just A Year
German-held car part producer Hella, one of the 100 most valuable companies in Romania, will have over 2,200 employees in the Eastern European country at the end of the current fiscal year (...
Adrem Invest Wants To Tap Foreign Markets With Other Units
Engineering company Adrem Invest ended 2013 with 33% higher revenue and an over 8% gross margin, mainly on exports.
Electricity Distribution, Biggest Weight In Romanians’ Energy Bills
Electricity distribution companies such as Enel, E.ON, CEZ or Electrica currently get about a third of the average Romanian energy bill, while the production cost accounts for less than 30%...
Kaufland Doubled Revenue And Hired 5,000 People During The Crisis
German retailer Kaufland, which in 2011 became the leader of Romanian modern retail, almost doubled its revenue during the crisis, when it opened 44 stores and hired over 5,000 people.
25% Profit Margin From Gambling: MaxBet Gained EUR11M In 2013
Gambling organizer MaxBet, controlled by a company registered in Cyprus, reached revenue of almost EUR49 million last year, up 20% from 2012, according to Trade Registry data, which also sho...