Reporter
Catalina Apostoiu
- Fields
- Companies, Retail&Consumer, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.264
Romania Unlikely To Have High-Speed Rail Earlier Than 2050
In a world where trains easily go beyond 300 km/h in speed, in Romania, the speed of passenger trains reaches on average 45 km/h and high-speed rail is not expected to be built earlier than...
Software Company EBS Wants To Hire 100 People In 2014
Cluj-based software services and solutions provider EBS Romania, acquired in late 2013 by Japan’s group NTT Data, wants to hire at least 100 people this year, mainly programmers and economis...
Last Geox Mono-Brand Stores To Be Replaced By New Brand
The majority stakeholder in Otter footwear group, Filip Schwartz, who owns over 50 stores, brought a new brand on the market, Call it Spring, selling shoes, bags and accessories to medium-in...
Kingfisher Injects A Further EUR21.5M Into Bricostore Network
UK group Kingfisher, which in 2013 took over the Romanian DIY network of Bricostore, in February operated several capital raise operations in the wake of which it injected around EUR21.5 mil...
GE: Romania Needs To Enhance Energy Generation Efficiency
Romania’s energy system has a solid foundation and growth must come from boosting output and consumption efficiency by generating energy as close to consumption locations as possible, says P...
Romania Likely To Become Home Appliances Production Hub
Romania may become production hub for home appliances in the coming years, as several large producers have voiced their interest in expanding existing plants or opening new units. The cheap...
Only Six Of Europe’s 20 Largest Retailers Are Present In Romania
Nine international groups, holding 12 modern retail networks overall, are still present on the Romanian market, after the departure, in recent years, of Turkey’s FIBA (with G’market stores),...
Germany’s Continental Set To Hire 1,000 People In Romania This Year
Germany’s car part producer Continental, which owns seven plants and three research centers in Romania, plans to hire 1,000 people this year, in its facilities in Timisoara, Sibiu, Iasi, Bra...
Real Estate Magnate Dragos Dobrescu Buys Minority Stake In Romprest
Dragos Dobrescu, one of Romania’s most powerful real estate investors, got the Competition Council’s green light to enter the shareholding structure of Romprest, the professional cleaning an...
Trend Shift: Foreign Currency Credits Replaced By Leu Lending
Leu-denominated loans to individuals and companies rose in February by the equivalent of 250 million lei (EUR55 million), half the growth clip registered in January, but, despite the slower...
A 30-Year Old Romanian Woman Coordinates Europe Marketing For McLaren
Raluca Novak is 30 and nine months ago took over, in London, the position of marketing manager for Europe at McLaren Automotive, the luxury automaker, in charge with 11 markets in Europe. Pr...
2013 Listings Brought Just 2,000 New Investors On Bucharest Bourse
Only 85,300 investment accounts registered on the Bucharest bourse against a population of 21 million is the indicator best reflecting the underdevelopment of Romania’s capital market, but a...