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.
-
PragmaGo Eyes Strong Growth in Romania in Coming Years
today, 10:29
PragmaGo, the Polish fintech providing funding services for SMEs, supported by investment fund Enterprise Investors, aims for fast growth in... more
-
Dutch Group Versuni Sees Sales Rise 10% in 2024 in Romania
today, 10:19
Dutch group Versuni, which includes Philips and Saeco brands in its portfolio, boosted Romania sales by over 10% in 2024. more
-
Belgium’s Habitex Lays Off over 240 Employees in Romania
today, 10:13
Three companies part of Belgian group Habitex, all headquartered in Maramures county, have collectively laid off 241 employees. more
-
Renaissance Public Service Aims to Double Turnover in Next Two Years to Over RON400M
today, 10:08
Renaissance Public Service, Romania’s only TV set manufacturer, wants to double its business in the next two years, to over RON400 million. more
-
Update: Seller In eMAG/HeyBlu – Orange Money IFN SA Deal Is Orange Romania
01.31.2025
eMAG and its financial services subsidiary HeyBlu have acquired Orange Money IFN SA from telecommunications group Orange Romania and the main... more
-
Romania, Georgia, Hungary And Azerbaijan Set Up Company To Implement Green Energy Corridor
01.31.2025
State-run grid company Transelectrica (TEL.RO) on Friday notified investors about the registration with the Trade Register Office of a joint... more
-
Fondul Proprietatea Starts Buyback Program For A Maximum Number Of 320 Million Shares On Feb. 3
01.31.2025
Fondul Proprietatea (stock symbol: FP) has announced in a stock market report on Jan. 31 that the next buyback program refers to the acquisition of... more
-
eMAG And HeyBlu Announce Acquisition Of Orange Money
01.31.2025
Romanian online retail group eMAG together with its financial services subsidiary HeyBlu have acquired 100% of the shares of Orange Money, eMAG has... more
-
Transelectrica Announces Commercial Operation Of 400 kV Resita-Pancevo Overhead Power Line
01.31.2025
Romania's national grid operator Transelectrica (stock symbol: TEL) has announced that the 400 kV Resita (Romania) – Pancevo (Serbia)... more
-
PwC: Weight of Companies Expecting Headcount Cuts in 2025, Up vs 2024
01.31.2025
The weight of companies anticipating a headcount reduction in 2025 rose to 11% in January 2025 from 2% in January 2024, reveals a PwC Romania survey. more
-
Cemacon Completes Merger with Euro Caramida, Set to Start Export of Key Products
01.31.2025
Brick producer Cemacon has finalized its merger with Euro Caramida, leader of Romania’s ceramic blocks market, according to the company’s... more
-
Unilever Set to Move Part of Ice Cream Production from Bulgaria to Romania
01.31.2025
Anglo-Dutch giant Unilever, a leading player on the consumer goods market, is set to shut down its ice cream plant of Veliko Tarnovo, Bulgaria and... more
-
Three Supermalls Under Construction In Cluj And Iasi In 2025
01.30.2025
Three supermalls with about 130,000 square meters of gross lettable area each are under construction in Romania, as the developers in this country... more
-
Secuiana 2024 Turnover Up 10.5% YoY To RON51M
01.30.2025
Apparel manufacturer Secuiana based in Targu Secuiesc (Covasna County), ended 2024 with a turnover of RON51 million (roughly EUR10.3 million), up... more
-
Kaufland Opens Its 2nd Store In Bragadiru; Reaches 188 Hypermarkets In Romania
01.30.2025
German retailer Kaufland has inaugured on Thursday (Jan. 30) its second store in the town of Bragadiru (Ilfov County), thus reaching a network of... more
-
OMRO IFN Issues New Set Of Bonds Worth EUR1.56M On Multilateral Trading System Of Bucharest Stock Exchange
01.30.2025
OMRO IFN, as part of the Filbo group, alongside Filbo Pay S.A. and Easybill Digital SRL, a Romanian company specialized in micro-crediting services... more
-
Association: 26 Companies Listed On Bucharest Bourse Get Maximum Scores In 2024 For Investor Communication vs 20 Firms In 2023
01.30.2025
The number of companies listed on the Main Market of the Bucharest Stock Exchange, which achieved maximum scores at the evaluation of investor... more
-
Mihai Diaconu Remains Chairman Of Electrica's Board Of Directors Until Dec 31, 2025
01.30.2025
Electricity supplier and distributor Electrica (stock symbol: EL) has announced in a stock market report that its Board of Directors appointed... more
-
Genesis Property Appoints Ionel Purice As Chief Executive Officer
01.30.2025
Genesis Property, one of Romania’s leading office building owners, established by entrepreneur Liviu Tudor, has appointed Ionel Purice to the... more
-
German Retailer Lidl Ends January 2025 with Three New Stores in Romania
01.30.2025
Germany’s Lidl on Thursday opened three new stores, in Sibiu, Suceava and Bascov, for which more than 80 new jobs were created. 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.