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.
-
Romania Fast Delivery Startup BeeFast Gets New $450,000 Funding for International Expansion
11.19.2024
Romanian startup BeeFast, specialized in instant delivery management solutions, has accessed a $450,000 investment. The funds will be used to step... more
-
Topanel Boosts Production Capacity by 40%
11.19.2024
Topanel Production Panels, a major producer of thermal insulating panels in Romania, has invested in the second production line. more
-
Solarex Impex 2023 Turnover Down 8.6% YoY To RON235.9M
11.18.2024
Chemical fertilizer wholesaler Solarex Impex, held by entrepreneurs Maria Luciana Turna, Leonard Mugurel Stoica and Maria Stoica, ended 2023 with a... more
-
Benvenuti Opens Store In Dambovita Mall Targoviste, Reaches 55-Unit Network In Romania
11.18.2024
Footwear retailer Benvenuti, majority held by local entrepreneur Dan Pavel, on Nov 15 opened a new store, in Dambovita Mall Targoviste, reaching a... more
-
Finland’s Terveystalo In Talks To Buy Regina Maria
11.18.2024
Terveystalo Group, the largest private healthcare provider in Finland, is in talks to buy Regina Maria from buyout investor Mid Europa Partners, in... more
-
Real Estate Developer NUSCO To Issue Bonds Traded On Bucharest Stock Exchange
11.18.2024
The shareholders of real estate developer NUSCO at the beginning of this month approved the first project to raise funding via the capital market... more
-
Wallberg Gets EUR5.9M Financing From Banca Transilvania For Construction Of 4th Building Part Of EUR10.5M Project
11.18.2024
Wallberg Properties, the real estate developer controlled by entrepreneur Valentin Morar, has obtained EUR5.9 million financing from lender Banca... more
-
CONFIDEX: Most Managers In Romania Concerned About The Country's Economy
11.18.2024
71% of managers in Romania are moderately or highly concerned about Romania's economy in the coming period, as per the latest CONFIDEX study about... more
-
Ana Consulea Turns Zexe Braserie Into Zelateria
11.18.2024
Zexe Braserie, the business launched a decade ago by Ana Consulea, one of Bucharest’s best-known confectioners, has become Zelateria, after a... more
-
Dental Imaging Chain DigiRay Buys Maraffka Clinics of Ploiesti; Reaches 31 Centers Nationwide
11.18.2024
Dental and maxillofacial imaging chain DigiRay, founded by doctor Cristian Pop in Zalau in 2011 and taken over by investment fund Black Sea Fund in... more
-
Transport Trade Services Ends 9M 2024 with RON387.2 Turnover, Down 43% YOY
11.18.2024
Danube freight carrier TTS reported RON387.2 million revenues for the first nine months of 2024, down 43% from the year-earlier period. more
-
2Performant 9M 2024 Turnover Rises 7%, but Losses Deepen To RON1.8M
11.18.2024
Tech company 2Performant Network, the biggest player on Romania’s affiliate marketing, posted RON34.6 million turnover in the first three... more
-
Mobile Drilling Unit for Neptun Deep Arrives in Romania
11.18.2024
OMV Petrom, the largest integrated energy producer in Southeastern Europe, operator of the Neptun Deep project, announces that Transocean Barents,... more
-
One United Properties Seals Credit Facility Agreement with Erste Group Bank and BCR To Fund Construction of One Technology District
11.18.2024
Real estate developer One United Properties has contracted a loan facility from Erste Group Bank AG and BCR to finance One Technology District... more
-
Sipex Ends Jan-Sept 2024 with RON252M Turnover, Up 7%, RON1.44M Net Profit, Down 52%
11.18.2024
Sipex, a building materials supplier listed on the AeRO market of BVB, in the first nine months of 2024 posted RON252 million turnover, up 7%, and... more
-
Punctual Comimpex 2023 Profit Up 42.6% YOY
11.18.2024
Cigarette wholesaler Punctual Comimpex for 2023 reported turnover worth RON1.063 billion (EUR215 million), up 16.4% from 2022, in line with ZF... more
-
Fuel Supplier Artoil Projects 10% Higher Turnover in 2024
11.18.2024
Timisoara-based fuel supplier Artoil, controlled by entrepreneurs Alexandra and Alex Bunceanu, expects to end 2024 with 10% higher turnover than in... more
-
Brewer Bermas Sees 9M 2024 Profit almost Double YOY
11.18.2024
Suceava-based brewer Bermas reported RON2.7 million net profit in the first nine months of 2024, almost double the year-earlier level, amid RON34.2... more
-
EnergoNuclear Signs Contract With FCSA Joint Venture For Development Of Units 3 And 4 In Cernavoda
11.15.2024
EnergoNuclear, a Nuclearelectrica fully owned subsidiary, and FCSA Joint Venture comprised of Fluor B.V., Fluor Energy Transition Inc. Wilmington... more
-
Compa Sibiu Profit Halves To RON5M, Revenue Down 20% In 9M 2024
11.15.2024
Auto parts maker Compa Sibiu (CMP.RO) posted net profit of just over RON5 million in January-September 2024, down to half of the year-ago... 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.