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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Frigoglass Romania Sees 3.7% Growth In Revenue To Almost RON605M In 2023
10.17.2024
Frigoglass Romania, a producer of plastics and refrigerated display cases, part of the Greek Frigoglass Group, posted about RON605 million... more
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Electrica Gets EUR3.4M In Non-reimbursable EU Funding For EUR21.8M Electricity Storage Project
10.17.2024
Electricity supplier and distributor Electrica (stock symbol: EL) announced in a stock market report on Oct 17 the signing of an agreement to... more
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Poland’s Elemental Holding Enters Romanian Recycling Market
10.17.2024
Poland’s Elemental Holding Group based in Luxembourg has taken over the majority stake in Romanian ACC Recycling Services and plans to invest... more
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Buğra Kulak Takes The Helm Of Sanofi Operations In Romania
10.17.2024
Pharmaceuticals company Sanofi Romania, the local division of French giant Sanofi, has announced the appointment of Buğra Kulak as Head of Pharma... more
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Competition Council Looks Into Acquisition Of Optical Investment Group By Essilor
10.17.2024
Romania's Competition Council is analyzing the transaction through which Essilor International SAS intends to take over Optical Investment Group SA... more
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Filip & Company Assists AGISTA In Selling Its Stake In Dendrio Solutions, Buying New Shares In Cybersecurity Firm Fort
10.17.2024
Law firm Filip & Company has assisted investment fund AGISTA, part of Impetum Group, in the signing of the contracts for the sale of its entire... more
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PepsiCo Romania Appoints Razvan Lungu as CFO for East Balkans Region
10.17.2024
PepsiCo, a major player in the field of snacks and soft drinks, has appointed Razvan Lungu as CFO for the East Balkans region. more
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Endava Romania Extends Leasing Contract for Office Space in UBC Cluj-Napoca
10.17.2024
British software services company Endava has renewed the leasing contract for office space in UBC building, part of Iulius Mall Cluj development,... more
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Industrial and Logistics Space Stock in Romania Likely to Cross 8 Million Sqm Threshold at End-2025
10.17.2024
The stock of industrial and logistics spaces in Romania is likely to overshoot 8 million square meters at end-2025, should the annual 500,000-sqm... more
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Reff & Asociatii and Deloitte Romania Assisted SARMIS Capital in Acquisition of Majority Stake in MG-Tec Industry
10.17.2024
A multidisciplinary team made up of Reff & Asociatii lawyers and Deloitte Romania financial and fiscal consultants have assisted investment fund... more
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Nuclearelectrica Makes Changes To Organizational Structure
10.16.2024
Nuclearelectrica (SNN.RO), the only nuclear power producer in Romania, has notified the Bucharest Stock Exchange of the implementation of a new... more
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Speedwell Starts Construction Of Last Building Of Triama Residence
10.16.2024
Speedwell, one of the most active real estate developers in Romania, has started construction works for the third, and last building of the Triama... more
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ROCA Industry Fully Acquires Workshop Doors
10.16.2024
ROCA Industry, the industrial holding for construction materials majority-owned by private equity firm ROCA Investments, has announced in a press... more
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Alfa Group Invests EUR90M In 2nd Phase Of Cloud9 Residence Project
10.16.2024
Alfa Group, held by entrepreneur Alin Niculae, is launching the second phase of residential project Cloud9 Residence, located in Bucharest's Pipera... more
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Prime Kapital Set To Start Construction Of 600 New Homes In Silk District Iasi And Avalon Estates Bucharest
10.16.2024
The residential division of Prime Kapital plans to start construction of 600 new homes in its two major projects – Avalon Estates and Silk... more
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MedLife CEO Sells 1 Million Company Shares For RON6M
10.16.2024
Private healthcare company MedLife (stock symbol: M) has announced in a stock market report on Oct 16 that Mihai Marcu, the company's CEO and the... more
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Medicover Romania Seeks To Acquire Synlab Medical Labs
10.16.2024
Medicover Romania, the subsidiary of Sweden's Medicover Group, plans to acquire six companies under the brand Synlab International, active in... more
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IKEA Sales In Romania Up 12% In FY 2024 To RON1.4B
10.16.2024
IKEA Romania has announced its sales results for the fiscal year 2024 (September 1, 2023, to August 31, 2024), highlighting growth in both online... more
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Visa And Raiffeisen Bank Launch Visa Signature Card In CEE, Expanding Exclusive Benefits For Premium Customers In Romania
10.16.2024
Visa and Raiffeisen Bank have launched for the first time in Central and Eastern Europe the Visa Signature card (debit and credit), expanding... more
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EY: CFOs Bank On GenAI Solutions Amid Rising Costs And HR Challenges
10.16.2024
Generative artificial intelligence (GenAI) will support the transformation of financial-tax functions, contributing to solving major issues such as... 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.