Top Ten Postal, Courier Firms In Romania Had RON2.8B Aggregate Turnover, Over 7,500 Employees In 2019
12.14.2020
The top ten postal and courier companies reported an aggregate turnover of RON2.8 billion in 2019, 15% higher than in 2018, according to ZF calculations and data provided by confidas.ro, and more than 7,500 employees, some 100 more than a year before.
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MedLife Opens The New MedLife Craiova Hospital
11.21.2024
Private healthcare network MedLife continues its expansion plans by inaugurating the new MedLife Craiova Hospital, following a nearly EUR6 million... more
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E.ON: EV Charging Station Installations, Up around Tenfold Against 2020
11.21.2024
E.ON Energie Romania in the first 10 months of 2024 installed over 100 EV charging stations, public and private ones, thus going beyond 550 units... more
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Stay Fit Gym Becomes Largest Fitness Center Chain in Romania
11.21.2024
Stay Fit Gym has become the network with the biggest number of centers opened in Romania and Eastern Europe with the launch of its 47th unit in... more
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New Car Registrations in Romania Up 5.4% YOY in Jan-Oct 2024 To over 127,000 Units
11.21.2024
New passenger car registrations in Romania during the January-October 2024 period rose by 5.4% from the year-earlier period, to 127,061 units,... more
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5 to go Likely to Reach 670 Coffee Shops By End-2024
11.21.2024
5 to go coffee shop chain is likely to reach around 670 coffee shops by yearend. more
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Verdino Derives 50% of Sales from Abroad
11.21.2024
Catalin Neacsu, category manager at Verdino Green Foods, a major plant-based food producer in Romania, says exports account for around 50% of total... more
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Fermador Owners Explore Company Sale
11.21.2024
Mihalache family, which owns Fermador group of Iasi, which operates on the poultry market and had turnover of around RON240 million last year, are... more
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Electrica Shareholders Called To Vote On Approving EUR253M Wind Farm Investment
11.20.2024
The Board of Directors of electricity supplier and distributor Electrica (stock symbol: EL) has called shareholders for a meeting on February 5,... more
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EIB Lends EUR200M To Romania's Delgaz Grid For Electricity System Upgrades
11.20.2024
The European Investment Bank (EIB) is lending EUR200 million to Romanian energy distributor Delgaz Grid to upgrade the electricity network in... more
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Nuclearelectrica Makes RON478.8M Term Deposit With Exim Banca Romaneasca
11.20.2024
Nuclear power producer Nuclearelectrica (SNN.RO) placed with Exim Banca Romaneasca a term deposit without extension in the amount of RON478.8... more
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Gomag Expects Over EUR3.5M Turnover At End- 2024, Up 30% YoY
11.20.2024
Romanian company Gomag, which puts an e-commerce platform at the disposal of online stores, expects to end 2024 with an increase of over 30% in... more
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Sinteza SA Oradea Signs Agreement With Lockheed Martin For Production Of Long-Term Storage Batteries In Romania
11.20.2024
Sinteza SA Oradea (STZ.RO), one of the largest local chemical companies, has signed a letter of intent with the US company Lockheed Martin to... more
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Amazon Closes Machine Learning Department In Romania
11.20.2024
Amazon is closing its Machine Learning department in Romania, a decision that will affect 400 employees, says marketing, management and business... more
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SVN Report: Construction Permits For Residential Buildings In Bucharest Almost Halved Over Last Three Years
11.20.2024
The number of construction permits for residential buildings in capital city Bucharest has nearly halved over the last three years, while the total... more
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BCG Report: Romania Sees $1.7B Worth Of M&A Deals In January-September 2024
11.20.2024
Romania's mergers and acquisitions (M&A) market recorded transactions totaling USD1.7 billion at the end of September 2024, significantly higher... more
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DEER Implements Over RON230M Worth Of Projects For Smart Power Distribution Systems
11.20.2024
Distributie Energie Electrica Romania (DEER), a member company of the Electrica Group, has implemented 3 projects for smart power distribution... more
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Deloitte: Energy Transition Costs May Drop Nearly 25% With De-risking Instruments For Green Projects
11.20.2024
The overall costs of the global energy transition, estimated at USD200 trillion by 2050, could be reduced by almost 25 percent using de-risking... more
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Isopan's Net Profit Up 9.5% YoY To RON31.1M In 2023
11.19.2024
Insulating panel maker Isopan ESt, with a plant in Popesti-Leordeni, ended 2023 with a turnover of RON469.9 million (EUR95 million), down nearly... more
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Switzerland’s Cicor Sees EUR87M Revenue From Electronic Component Maker Systronics In 2023
11.19.2024
Arad-based electronic components manufacturer Systronics, held by Swiss group Cicor, posted RON431.3 million (EUR87.2 million) revenue in 2023,... more
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Romgaz Lists Its First Bonds Worth EUR500M At Bucharest Stock Exchange
11.19.2024
Romanian natural gas producer and supplier Romgaz (stock symbol: SNG) is listing its first corporate bonds worth EUR500 million, at the Bucharest... more
The Ministry of Energy and the companies Reţele Electrice Muntenia, Reţele Electrice Banat and Reţele Electrice Dobrogea (part of
moreMore than 3,600 companies went insolvent in the first half of 2024, which translates into a 5.8% increase compared to the first six
moreRomania's energy ministry has signed 27 financing contracts worth a total RON138.2 million which target investments in the local
moreBucharest’s short-term rental market had a booming post-pandemic evolution considering that in 2023 alone, the industry generated
moreThe volume of real estate deals in Romania posted an 131% advance in the first half of this year, to EUR418 million, marking the
moreThe assets of open-end equity funds in Romania, which have three times fewer investors than bond and fixed income funds, increased by
moreRomania smartphone market is expected to be flat at around 3.5-3.6 million units this year as in recent years there’s been a downward
moreFiscal deficits will remain elevated in Romania in the medium term: 4.7% of GDP (cash basis) in 2024, compared to the 2.9% target set
moreAnalysis
Survey: Romania Could Increase Its GDP By 10% Until 2050 By Boosting SavingsRomania could increase its gross domestic product (GDP) by 10% until 2050, generating an additional contribution of EUR575 billion by boosting savings and redirecting them towards lucrative investments, according to a survey conducted by McKinsey&Company in spring 2022.