Reporter
Catalina Apostoiu
- Fields
- Companies, Retail&Consumer, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.264
Small Merchants Enter Under Franchise Umbrella Or Get Specialized
Amid the aggressive expansion of international chains, Romanian small merchants are pushed either to join them in a franchise system, or get specialized after the model of developed countrie...
Contracts With McDonald’s And Petrom Drove Havi Logistics To Over RON500M In Revenue
Havi Logistics, a major player on the Romanian logistics market after signing a contract with OMV Petrom Marketing in 2012, last year went beyond the 500 million lei mark (EUR113 million) in...
Centrul Medical Academica Banks On High Income Clients
Centrul Medical Academica, a business held by Oprescu family, generated revenue of above EUR3.1 million in 2013, up 21% on the year, above initial expectations. This year, the company banks...
Under Insolvency, Frigoexpress Focuses On Foreign Markets
Oradea-based freight transporter Frigoexpress, which went insolvent in August 2013, cut its headcount and gave up 50 trucks as part of the restructuring process.
Treasury Notes For Population, Still On Romanian Finance Ministry’s Agenda
The Finance Ministry reaffirmed in the public debt management strategy its intention to consider the opportunity of issuing “specific securities for the population”. The objective was also i...
Group Of Turkish Investors Set To Build Luxury Hotel In Poiana Brasov
Poiana Alba Turism company, controlled by the stakeholders of bakery producer Farinsan Giurgiu, will start, in June, building a 5-star Ark hotel in Poiana Mica (at the Poiana Brasov entryway...
Beer Oligopoly: Ursus And Heineken Hold Over 60% Of Romanian Market
The Competition Council sees the Romanian beer industry, a market of over EUR1.8 billion annually, as an oligopoly with major entrance barriers, as Heineken and Ursus, the biggest players, h...
Romcab Hits EUR120M In Revenue On Cable Market
Romanian cable maker Romcab Targu-Mures (MCAB.RO), controlled by businessman Zoltan Prosszer, which several years ago struggled to exit reorganization, boosted revenue by 85% in 2013 alone a...
Romania's Road Authority Pledges To Complete 250 Km Of Highways/Year By 2020
The Ponta government promises a network of 2,440 km of highways by 2020, meaning 1,800 km overall or over 250 km per year would be added to the current network, considering that the roads au...
Doina Cepalis Buys Botosani Plant To Expand Children’s Car Seat Production
Doina Cepalis, the Pascani entrepreneur who owns Te-Rox group of firms manufacturing children’s car seats, took over 50% in stock of Terox Bhs Impex of Botosani, where she has already starte...
Romanian Card Deals Hit EUR32B In 2013
The Romanian government has left the Parliament to discuss the details of the project aimed at capping cash payments, which is likely to give a strong boost to the card market. However, rest...
Bucharest Accounts For 70% Of Romania's Air Traffic
All the 16 international airports of Romania reported aggregated traffic of 10.7 million passengers in 2013, almost similar to previous year figures and just 6.6% more than in 2010, accordin...