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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Reff & Associates | Deloitte Legal Assisted Damen Galati Shipyard In Getting EUR25M Financing From Exim Banca Romaneasca
today, 13:55
Reff & Associates | Deloitte Legal assisted Damen Galati Shipyard in obtaining EUR25 million financing from Exim Banca Romaneasca, which will be... more
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Agroland Agribusiness 9M 2024 Net Profit Up 13% To RON1.5M
today, 11:12
Agroland Agribusiness, part of Agroland group, specializing in farming input sales, registered RON1.5 million net profit in January-September 2024,... more
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Simtel Team Enters Energy Storage System Market Via New Business Line
today, 10:38
Engineering and tech group Simtel Team, national leader in the field of renewable energy, is expanding its portfolio by launching a new business... more
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Park Properties Wants to Start Building 400 Houses, Villas and Apartments on Banks of Fundeni, Pipera, Balotesti and Snagov Lakes in 2025
today, 09:32
Real estate developer Park Properties will in 2025 launch the construction of the third block of Sun Lake Residence project located on the banks of... more
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Vitall Reports RON578.5M Turnover For 2023, Up 6% YoY
today, 00:16
Vitall, a company based in Dolj County and engrossed in natural fodder manufacturing and poultry farming, reported a turnover of RON578.5 million... more
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Socub Sets Off RON53M Investment In Second Furniture Plant
today, 00:00
The company Socub, based in Galati County and held by Costel Buca, has started the project for a second furniture plant, which entails an... more
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Cersanit Romania 2023 Turnover Plunges 21.9% YoY To RON160.6M
yesterday, 23:28
Sanitary ware manufacturer Cersanit Romania, held by Poland’s Rovese group, for 2023 reported a turnover of RON160.6 million (nearly EUR32.5... more
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Nuclearelectrica To Sell Electricity To Energy Distribution Services
yesterday, 23:04
Nuclear power producer Nuclearelectrica (stock symbol: SNN) has informed the capital market via a report on Nov 26 about the conclusion of three... more
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Developer Forty Management Seeks To Raise Up To EUR5M Via Private Placement
yesterday, 21:32
Real estate developer Forty Management is launching a RON15 million private placement of secured corporate bonds, with the possibility of going up... more
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DN Agrar Reports 9% Higher Turnover Of RON127M For Jan-Sept 2024 Period
yesterday, 21:17
DN AGRAR Group (stock symbol: DN), the largest integrated livestock farm in Romania, leader in cow milk production, ended the January-September... more
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Fondul Proprietatea Issues Update On Selection Process For Alternative Investment Fund Manager
yesterday, 20:50
Fondul Proprietatea (stock symbol: FP) has announced in a stock market report on Nov 26 that following the expiration of deadline for the... more
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Electrica Extends Terms Of Company's CEO And CFO Until Dec 31, 2026
yesterday, 20:14
Electricity supplier and distributor Electrica (stock symbol: EL) has informed its shareholders and investors that, during the meeting held on Nov... more
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Competition Council Begins Public Debate On The Commitments Proposed By Bucharest National Airport Company
yesterday, 19:36
Romania's Competition Council is submitting to public debate the commitments proposed by the Bucharest National Airport Company (NCBA) to address... more
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Ericsson: 5G Technology Adoption In CEE Slower Than In Western Europe And North America
yesterday, 17:50
Adoption of 5G technology in Central and Eastern Europe, a region that includes Romania, is lagging behind developed regions, says the latest... more
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Visual Fan (Allview) Signs EUR24.6M Contract For Development Of 45MW Solar Park
yesterday, 14:38
The new Renewable EPC by Allview division of technology company Visual Fan (ALW.RO) has signed a contract with Tenersolar Park to develop a 45.15... more
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NEPI Rockcastle Takes Over 50 MW Solar Farm from Monsson
yesterday, 10:35
Monsson, the main renewable energy project developer in Romania, controlled by businessman Emanuel Muntmark, has transferred to NEPI Rockcastle,... more
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Poland’s PESA Set to Deliver First Trains to Romania in Mid-2025
yesterday, 09:39
Polish-held rolling stock producer PESA will deliver the first trains to Romania in mid-2025 and start the homologation process with the Romanian... more
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Farm Input Supplier Agrotex Revenue And Net Profit Down In 2023
11.25.2024
Agrotex, a farm input supplier based in Carei, Satu Mare County, acquired by Swiss group Ameropa earlier this year, posted RON646.7 million... more
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Super Eggs' Net Profit Up 20.4% YoY To RON13.6M In 2023
11.25.2024
Super Eggs of Braila, which is part of Italy’s Eurovo group and specializes in production and sale of fresh, powdered and pasteurized eggs, ended... more
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Furniture Maker Ecolor Net Profit Shrinks 52% To RON19.6M In 2023
11.25.2024
Furniture manufacturer Ecolor, the local subsidiary of Sweden’s Gyllensvaans Möbler, posted RON460.6 million (EUR93.1 million) revenue in 2023,... 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.