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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Hidroelectrica’s Net Profit And Revenue Shrink In Jan-Sep 2024
11.15.2024
Hidroelectrica (H2O.RO), Romania's largest electricity producer and the largest company listed on the Bucharest Stock Exchange, ended the first... more
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ROCA Industry Steps into the Black in Jan-Sept 2024
11.15.2024
ROCA Industry, a Romanian holding specializing in building materials production, for January-September 2024 reported RON12.5 million net profit at... more
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Furniture Maker Taparo Goes Insolvent
11.15.2024
Taparo, a Maramures-based furniture manufacturer, has entered insolvency, in line with a decision by Maramures Tribunal. more
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Romcarbon Switches to Losses in First Three Quarters of 2024
11.15.2024
Plastic packaging producer Romcarbon in the first nine months of 2024 logged RON4 million losses at an individual level, from RON5.3 million profit... more
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MedLife 9M 2024 Revenues Near RON2B; Net Profit Reaches RON20M
11.15.2024
Private healthcare company MedLife posted RON1.98 billion operating revenues in the first nine months of 2024, up from RON1.64 billion in Jan-Sept... more
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IAR Brasov Sees 9M 2024 Net Profit Slide almost 60%. Turnover Drops 18%
11.15.2024
IAR Brasov (IARV.RO), which manufactures and repairs spare parts for helicopters, recorded RON15 million net profit in the first nine months of... more
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Antibiotice Iasi Ends Jan-Sept 2024 with RON511M Revenues, Up 7%. Net Profit Rises 15% To RON88M
11.15.2024
Romanian drug manufacturer Antibiotice Iasi, in which the Romanian state hold 53%, registered RON511 million revenues in the first nine months of... more
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Romgaz Reports RON5.6B Turnover for Jan-Sept 2024, Down 17%. Net Profit Hits RON2.3B
11.15.2024
State-owned Romgaz, a natural gas producer and supplier, reported RON5.6 billion turnover for the first nine months of 2024, down 17% from the... more
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Sphera Group 9M 2024 Revenues Up 6.4% YOY To RON1.1B; Profit Rises 66% To RON71.4M
11.15.2024
Sphera Franchise Group, the company that manages KFC, Pizza Hut and Taco Bell restaurants in Romania, ended the first nine months of 2024 with... more
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Kandia Dulce Expects 17% Higher Turnover in 2024
11.15.2024
Kandia Dulce, Romania’s largest chocolate producer, expects to end 2024 with turnover of around RON268 million, up 17% from 2023. more
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AROBS Sees Net Profit Shrink 42% To RON16M In Jan-Sep 2024
11.14.2024
AROBS Transilvania Software (AROBS), the largest technology company listed on the Bucharest Stock Exchange, posted consolidated revenue of RON306.2... more
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Turbomecanica Posts RON105M Revenue, RON14.7M Net Profit In Jan-Sept 2024
11.14.2024
Turbomecanica (stock symbol: TBM), a local manufacturer of gas turbine engines and mechanical assemblies for aircrafts, ended the first nine months... more
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Altur Slatina Net Profit Plunges 80%, Revenues Drop 20% YoY In Jan-Sept 2024
11.14.2024
Automotive component maker Altur Slatina (stock symbol: ALT) reported net profit of RON1.33 million for the first nine months of 2024, down 80.5%... more
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Biofarm Ends Jan-Sept 2024 Period With RON73M Net Profit And RON231M Sales
11.14.2024
Pharmaceutical producer Biofarm Bucuresti (stock symbol: BIO) ended the first nine months of 2024 with net profit of RON73.25 million, at an... more
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Conpet Sees Turnover Rise 10% In Jan-Sept Period, To RON402M
11.14.2024
National oil transporter by rail Conpet Ploiesti (stock symbol: COTE) reported a turnover of RON401.8 million for January-September 2024 period, up... more
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Transgaz's 9-Mo Net Profit Jumps Nearly Four-Fold YoY To RON144M
11.14.2024
Romania’s state-run natural gas transmission company Transgaz (stock symbol: TGN) ended the first nine months of 2024 with a net profit of... more
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Rondocarton Leases 4,500 Sqm Of Warehouse Space In VGP Park Timisoara
11.14.2024
Rondocarton, part of the Austrian Rondo Ganahl Group, a leading corrugated cardboard manufacturers in Romania, has leased 4,580 square meters of... more
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Romgaz To List At Bucharest Stock Exchange Its First Bond Issue Ever, Of EUR500M, On Nov 19
11.14.2024
Romanian natural gas producer and supplier Romgaz (stock symbol: SNG) will be listing at the Bucharest Stock Exchange, on Nov 19, the company's... more
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Romanian Mihai Ionescu To Run KingsRock Advisors Business In Eastern Europe
11.14.2024
Mihai Ionescu, former CEO of Deutche Bank Romania, was recruited by KingsRock Advisors, a global independent financial advisory firm headquartered... more
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Cushman & Wakefield Echinox: Demand For Logistics And Industrial Spaces Reached 575,000 Sqm In Jan-Sept 2024, Down 20% YoY
11.14.2024
The demand for logistics and industrial spaces reached 575,000 square meters in the first nine months of 2024, which is lower by 20% compared with... 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.