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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Mokka: Romania BNPL Market Worth below EUR200M Now, Likely to Reach EUR500M in Five Years
10.23.2024
Romania Buy Now Pay Later (BNPL) market is in full swing, supported by fast digitalization and consumers’ changing behavior, said Alexandru... more
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Wiring Manufacturer Hirschmann Automotive Ends 2023 with RON849.8M Turnover, Up 25.7% YOY
10.23.2024
Wiring and automotive applications manufacturer Hirschmann Automotive TM, the local subsidiary of Austria’s Hirschmann Automotive in 2023... more
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Paint Manufacturer Sentosa Reports over EUR15M Turnover for 2023
10.23.2024
Paint manufacturer Sentosa Impex of Salaj county, owned by Boca family, for 2023 reported turnover worth RON75.4 million (EUR15.2 million),... more
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Softronic Set to Build New Plant in Craiova in EUR8M Investment
10.23.2024
Craiova-based Softronic, the only manufacturer of electric locomotives and multiple units in Eastern Europe, will invest EUR8 million in a new... more
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Fondul Proprietatea Seeks To Delist GDRs From London Stock Exchange
10.22.2024
Fondul Proprietatea (stock symbol: FP) has announced in a stock market report on Oct 22 that it is calling shareholders for a meeting on December... more
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Chimcomplex Signs MoU With Econic Technologies To Explore Potential Production of CO₂-based Polyols In Europe
10.22.2024
Chemical producer and supplier Chimcomplex Borzesti (stock symbol: CRC), with two industrial platforms in Onesti and Ramnicu Valcea, has signed a... more
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Electrica Group Unveils RON3.7B Investment Plan For Distributie Energie Electrica Romania For 2025-2029 Period
10.22.2024
Electricity supplier and distributor Electrica (stock symbol: EL) announced in a stock market report on Oct 22 the decision of the company's Board... more
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Maria Zoicas Joins ING Bank Romania As HR Manager
10.22.2024
Maria Zoicas is joining ING Bank Romania as Head of the Human Resources Department, effective November 2024. more
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Competition Council Puts Up For Debate Structural Commitments Proposed By Mega Image To Acquire Profi Rom Food
10.22.2024
Romania's Competition Council is submitting for public debate the second set of commitments proposed by Delhaize “The Lion” Nederland B.V.... more
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Chemical Fertilizer Plants Donau Chem And Ga Pro Co To Be Put Up For Sale Via Direct Negotiation
10.22.2024
Chemical fertilizer companies Donau Chem located in Turnu Magurele and Ga Pro Co located in Neamt County will be put up for sale again, through... more
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FintechOS Appoints Lidia Cîrstei As Chief Of Staff & Business Transformation
10.22.2024
FintechOS, an end-to-end financial product management platform, has announced the appointment of Lidia Cîrstei as Chief of Staff & Business... more
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Delgaz Grid Set to Operate Gas Network of Remetea and Sineu in Wake of RON57M Investment
10.22.2024
Natural gas and electricity distribution company Delgaz Grid, a member company of the E.ON Romania group, has starting October become the operator... more
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New Car Registrations in Romania Up 4.3% To over 115,000 Units in Jan-Sept 2024 YOY
10.22.2024
New passenger car registrations in Romania rose by 4.3% in January-September 2024 against the same period of last year, to 115,509 units, while at... more
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Local Startup easySales is Present in 5 Countries, Targets EUR1M Revenues at End-2024
10.22.2024
Local startup easySales, which which set up an automated B2B management and e-commerce platform, has expanded to several countries in the region,... more
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Louis Vuitton Supplier Somarest Sibiu Sees Turnover Rise 24.5% in 2023 To RON351.1M
10.22.2024
Somarest Sibiu, part of LVMH group, the world’s leading luxury industry player, in 2023 posted turnover worth RON351.1 million (around EUR71... more
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Mondelez Clinceni Plant Exports to 28 Countries
10.22.2024
Mondelez, the snacks industry giant including brands such as Milka, TUC, Oreo and Chipita in its portfolio, has invested around EUR30 million in... more
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ThaiCo Spa Center Network Expands Outside Bucharest
10.22.2024
ThaiCo spa center network, with four units in Bucharest, is operating its first investment outside Bucharest, in Cluj-Napoca, in a location with a... more
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Electrica Set To Borrow Up To EUR200M From European Investment Bank For Distributie Energie Electrica Romania
10.21.2024
Electricity supplier and distributor Electrica (stock symbol: EL) announced in a stock market report on Oct 21 that it called shareholders for a... more
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MedLife Extends Mihai Marcu's CEO Mandate By Four More Years
10.21.2024
Private healthcare company MedLife (stock symbol: M) has announced in a stock market report on Oct 21 that the mandates of the Executive Board... more
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FAN Courier Leases 4,500 Sqm In CTPark Deva
10.21.2024
FAN Courier, leader of Romania courier services market, has signed a leasing contract for 4,500 square meters in the CTPark Deva logistics project. 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.