Reporter
Catalina Apostoiu
- Fields
- Companies, Retail&Consumer, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.264
Brokers’ Ranking In 1Q: Czech Wood & Co. Leads On Romania’s Ever Shrinking Market
Ever fewer brokers are fighting for a bigger slice of an ever smaller pie, the money of investors on Bucharest Stock Exchange. While the market became richer last year in the wake of the big...
Cora Romania Banks On Online Segment, Set To Open Three New Drive-Ins In 2015
The company’s revenue rose by 4.5% last year, to 1.7 billion lei, below the 7% consumption increase.
Nestle Taps Romanian Retail With Nespresso-Branded Store In Bucharest’s Calea Dorobanti
Swiss giant Nestle, a major player on Romania’s coffee and sweets market, is tapping the last segment it was not present on in Romania, retail, with a store it is set to open this summer in...
CFR SA More Than Doubles Investment Expenses, To RON3.8B, Set To Hire 1,300 Persons In 2015
CFR SA, Romania’s state-owned railway company, has budgeted investment expenses worth 3.8 billion lei for 2015, more than double the 2014 level, according to Transport Ministry data. In 2014...
Bancpost Completes Restructuring; Wants To Boost Lending
Bancpost, the Romanian subsidiary of Greek group Eurobank, has finalized the restructuring process through which it shut down a quarter of its branch and agency network last year and in 2015...
Foreigners Have Come To Control Half The Capital Of Companies In Romania
The share capital of Romania’s companies increased by 34% in the past eight years, to almost 300 billion lei in 2014, a period during which the weight of foreign investments rose from 22% of...
Four Foreign Investors Own Over 1 Million Square Meters Of Malls And Offices In Romania
NEPI, Immofinanz, AFI Euroe and Globalworth are now the four biggest foreign investors on Romania’s real estate market, with the four groups having assets worth EUR3.3 billion in their portf...
Kastamonu Romania Heads Toward EUR145M Revenue; Mulls EUR90M Investment
Kastamonu Romania wood processing company, part of the Turkish group of the same name, expects exports to go beyond EUR100 million this year, up 17% on 2014, with deliveries abroad set to we...
Lidl Seeks To Hire 250 People; Reaches 50 Biggest Employers Top In Romania
German retailer Lidl, present in Romania since 2011 when it took over Plus store network, is set to hire around 250 people this year, thus going beyond the 4,000-employee mark. The company w...
L’Oreal Taps Romanian Retail With Kiehl’s-Branded Luxury Store In AFI Cotroceni
French cosmetics producer L’Oreal enters the Romanian retail market with a store under Kiehl’s brand, a US premium cosmetics name. The store will be opened in shopping center AFI Palace Cotr...
Bill Paid By Romania For Gazprom Gas Slid 14 Times During The Crisis
The bill Romania paid in 2014 for Russian gas imported through intermediaries from Gazprom stood at $117 million, over four times lower than in 2013 and 14 times less than in 2008, a year wh...
Romania’s Listed Energy “Pearls” Want To Win Over US Funds With $1,000B In Assets. Romania Is A “Buy”
3% annual economic growth, political stability, further privatizations and high dividend returns, these were the strengths the Bucharest Stock Exchange brought forward in a bid to promote it...