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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Statistics Board: New Passenger Vehicle Registrations In Romania Up 4.7% YoY In Q3/2024
11.04.2024
New registrations of road vehicles for passenger transport increased by 4.7% in the third quarter of 2024 compared to the third quarter of 2023,... more
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eMAG Expects Over RON800M In 2024 Black Friday Sales
11.04.2024
eMAG Group, one of the largest retailers in the region, is starting the 2024 Black Friday sales campaign on November 8 and expects to exceed RON800... more
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Masterbuild General Contractor & Developer Completes Works At Pitesti Shopping Park
11.04.2024
Masterbuild General Contractor & Developer has completed the works on Pitesti Shopping Park, developed by Square 7 Properties in partnership with... more
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Hidroelectrica And SINTEF To Access EUR214,459 Financing To Train Experts In Optimizing The Operation Of Hydropower Plants
11.04.2024
Romania's Hidroelectrica and Norway's SINTEF will access EUR214,459 financing through a mechanism of grants provided by Iceland, Liechtenstein and... more
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Ruxandra Tarlescu Takes The Helm Of PwC Romania’s Tax And Legal Department
11.04.2024
PwC Romania has announced Ruxandra Tarlescu took over the leadership of PwC Romania’s Tax and Legal Department from Daniel Anghel, starting... more
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Eco Garden Construct Buys 13 Ford Explorer EVs with Market Value of around EUR500,000
11.04.2024
Ford RMB Inter Auto dealer of Cluj last month delivered a fleet of 13 Ford Explorer electric vehicles to Eco Garden Construct. With a listing price... more
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Meta Estate Trust Buys Land Plot Near Victory Square To Develop Office Building for Private Healthcare Player
11.04.2024
Meta Estate Trust, a holding company operating in the real estate field, has acquired a land plot near Bucharest’s Victory Square where it wants... more
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Fast-Food Chain Hesburger Opens Fifth Restaurant In Romania
11.01.2024
Fast-food restaurant chain Hesburger has opened a new restaurant in the Baneasa Shopping Mall in Bucharest, following an investment of EUR0.5 million. more
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New Car Registrations Up 1.4% YoY To 11,552 Units In October 2024
11.01.2024
New car registrations in Romania increased by 1.4% to 11,552 units in October 2024 compared with October 2023, Romanian carmakers’ association... more
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Axel Johnson Inc Buys La Fantana From Oresa Ventures And Cristian Amza
11.01.2024
Axel Johson Inc (AJI), a US company held by Swedish Johnson family, on Friday announced the acquisition of La Fantana S.R.L., one of the main... more
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Hyatt Looking At Bucharest For Expansion
11.01.2024
The Hyatt Group, which has recently signed the franchise agreement for the ARO Palace Hotel to be reopened under the Hyatt Regency Aro Palace... more
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Yildiz Entegre Romania Sees Revenue Down, Posts Loss In 2023
11.01.2024
Yildiz Entegre Romania, part of the Turkish group with the same name that operates the MDF factory in Oarja, Arges County, posted RON504.4 million... more
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Grain Trader Agro Oil Services Swings To Loss In 2023
11.01.2024
Agro Oil Service (AOS), a grain trader, grain seed, pesticide and chemical fertilizer wholesaler and provider of grain transportation by road,... more
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Sameday Expects 40% Growth In Revenue In 2024
11.01.2024
Sameday, one of the largest actors on Romania’s parcel delivery market expects 40% growth in revenue this year, CEO Lucian Baltaru told a news... more
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Romradiatoare Switches to Losses in Jan-Sept 2024
10.31.2024
Electrical components manufacturer Romradiatoare Brasov registered a RON11,223 loss in the January-September 2024 period, after a RON834,126 net... more
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Vodafone and Digi Agree To Jointly Buy Telekom Romania Mobile from OTE/Deutsche Telekom
10.31.2024
One of the most twisted deals in the history of Romania’s telecom market, the sale of Telekom operations, has taken a completely unexpected turn:... more
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Fashion Days Jan-Sept 2024 Sales Rise 13.8%, Above Market Average
10.31.2024
Fashion retailer Fashion Days, part of eMAG group, saw its sales on the Romanian market rise by 13.8% during the January-September period against... more
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Julius Meinl Romania 2023 Profit Up 85% To almost RON5M
10.31.2024
Julius Meinl Romania, a major player on the premium coffee market, in 2023 registered turnover worth RON92.1 million (EUR92.1 million), up 21.4%... more
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Moldovan Carmangerie Returns to Profit in 2023
10.31.2024
Moldovan Carmangerie, with activities in the meat industry, controlled by Moldovan family of Cluj, for 2023 reported turnover worth RON107.3... more
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Premiere in Romania: Ford Otosan Set to Assemble in Craiova Batteries for the New Puma Gen-E and Electric Versions of Transit and Tourneo Courier
10.31.2024
Ford Otosan Craiova yesterday opened the new battery assembly line set to support the production of EVs due to enter production in the coming... 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.