Reporter
Catalina Apostoiu
- Fields
- Companies, Retail&Consumer, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.264
Alexandrion Switches Back To Profit After 3 Years Of Losses
Alexandrion Grup Romania, Romania’s biggest spirits producer, in 2013 reverted into the black after three years of losses and reported a gain of 5.7 million lei (around EUR1.3 million) from...
Bank Leumi Saw Profit Slide To RON2M In 2013
The local unit of Israeli group Bank Leumi generated in 2013 net profit of just 2.1 million lei (EUR0.47 million), six times below the 2012 level, and significantly lower than the forecast.
Dona Pharmacy Chain Expansion In Full Swing
S.I.E.P.C.O.F.A.R., the company that operates drugstore chain Farmaciile Dona, expanded further in the first quarter of this year, opening seven new units, two in Bucharest and the rest outs...
How Communist Authorities Wooed IKEA Founder To Buy Romanian Furniture In The ‘60s
IKEA, the world’s biggest furniture and home décor retailer, opened its first store in Romania seven years ago, but the Swedish group had been operating in Romania for several decades.
Hidroelectrica’s Supervisory Board Dissolved After Company Went Insolvent
The supervisory board of Hidroelectrica, Romania’s largest energy producer that entered insolvency for the second time on February 25, has been dissolved, and none of the members appointed i...
Schneider Electric: The Trend Is Good For Residential Photovoltaic Systems
Roof photovoltaic systems, particularly on the housing segment, will be a new source of growth for the renewable energy sector, but its future depends on the support scheme aimed at small gr...
Building Material Market Hopes To Leave Crisis Behind
The building material market stayed around EUR3.2 billion last year, approximately the same as in 2012. The industry employs 36,000 people and accounts for about one third of the overall con...
Prefab Market Expects Recovery After Modest 2013
The concrete prefab market contracted by 4% last year in volume and by 6% in value amid the low demand for products used in infrastructure works, according to the representatives of research...
Romanian Entrepreneur Shifts From Leather Goods To Confectionery
Georgica Vaduva worked in the leather goods industry but almost one decade ago switched to the food industry, opening first a restaurant, and now is a stakeholder in several companies operat...
La Fantana Wants Second Position On CEE Water Cooler Market
La Fantana, Romania’s leading bottled water wholesaler, wants to climb onto the second position in the ranking of companies operating on this segment in CEE in five years, says Cristian Amza...
Coca-Cola HBC Romania: Technical Positions Are Hard To Fill
Coca-Cola HBC Romania, leader of the domestic soft drinks market, in the first three months of this year hired more than 30 people, both in the commercial department and in the procurement c...
PA&CO International Saw Revenue And Profit Fall In 2013
Bacau-based builder PA&CO International, controlled by businessman Costel Casuneanu and his wife Paulina, in 2013 posted revenue of around 121 million lei (EUR27.4 million), down 47% on the...