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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DN Agrar and BSOG Energy Set to Develop Biomethane Production Project in EUR30M Investment
10.16.2024
DN AGRAR Group (BVB: DN), the largest integrated livestock farm in Romania, leader in cow milk production, and BSOG Energy, an energy company... more
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Competition Council Greenlights Dona’s Acquisition Of VET Division Of Iasi-Based Vetro
10.15.2024
The Competition Council has greenlighted pharmaceutical group Dona’s acquisition of the VET division of Iasi-based Vetro in September. more
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Nuclearelectrica And Framatome To Make Medical Isotope Lutetium-177 At Cernavoda Nuclear Power Plant
10.15.2024
Nuclear power producer Nuclearelectrica (SNN.RO) and French-held Framatome will team up for a project to produce medical isotope Lutetium-177... more
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Early Game Fund I Backed Startups Reach EUR43M Annual Revenue In 2024
10.15.2024
The companies in which venture capital fund Early Game Ventures invested its first fund, Early Game Fund I, have reached annual revenue of more... more
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Cargus Relocates Targu Mures Warehouse to Expanded Facility
10.15.2024
Cargus, a major player on Romania’s courier services market, has relocated its Targu Mures warehouse to a facility with an area of over 4,500... more
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Alexandrion Group Appoints Jason Wischhoff as Managing Director, Head of Franchise and Hospitality Projects
10.15.2024
Alexandrion group, the largest local spirits producer and a major player on the wine market, part of Nawaf Salameh Family Office, has appointed... more
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Law Firm Filip & Company Assisted eMAG Group in Sale of Tazz to Wolt
10.15.2024
Law firm Filip & Company assisted eMAG Group in the sale of its entire stake in HCL Online Advertising, the company that operates Tazz platform, to... more
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Moov Leasing Adds EUR5M To Share Capital
10.15.2024
Moov Leasing, an operating leasing company, is raising its share capital by EUR5 million, after selling a 10% stake, reaching an EUR50 million... more
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Draghici Dental Group in Talks with Potential Investors for Miroslava Dental Technique Lab
10.15.2024
Draghici Dental Group is in talks with several potential investors for the dental technique lab it developed in Miroslava, Iasi county, via an over... more
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Voicu Oprean, CEO And Shareholder Of Arobs Transilvania Software, Sells RON32M Worth Of Company Shares
10.14.2024
Arobs Transilvania Software (stock symbol: AROBS) has announced in a stock market report on Oct 14 that its CEO, Voicu Oprean, sold 35.4 million... more
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Romania's Central Bank Authorizes TOKEN Payment Services As Online Payment Institution
10.14.2024
Token Payment Services (TOKEN) was authorized by Romania's central bank to accept online payment operations and transactions at physical POS (point... more
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Local Delivery Platform Tazz Amassed RON324M In Net Losses Since Its Acquisition By eMAG In 2019
10.14.2024
After being acquired by eMAG in fall 2019, the local fast delivery platform Tazz has amassed net losses of RON324 million between 2020 and 2023, in... more
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German Retailer Deichmann Leases 20,000 Sqms of Industrial Spaces in ELI Park Bucuresti To Set Up Regional Wholesale Hub
10.14.2024
Deichmann, Europe’s main footwear retailer, has sealed a leasing contract for 20,000 square meters of industrial spaces in ELI Park Bucuresti, a... more
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Local Delivery Platform Tazz Set to Be Acquired by Finland’s Wolt
10.14.2024
Tazz, the local fast delivery platform part of eMAG group, will be acquired by Wolt, a Finnish platform with operations in 28 countries. more
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Carmistin Group Readies for European Market with Rebranding
10.14.2024
Carmistin Group, one of the largest players on the food market, has recently undergone a rebranding process amid business expansion, becoming... more
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Topanel Invests EUR10M in New Production Line
10.14.2024
Thermal-insulating panel producer Topanel of Ramnicu Valcea has invested EUR10 million in the second production line, which will double the... more
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Agroland Agribusiness Acquires Agro-industrial Platform In Mehedinti For EUR400,000
10.11.2024
Agroland Agribusiness (stock symbol: AAB), a Romanian entrepreneurial company part of Agroland group, specialized in the sale of agricultural... more
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Anodin Opportunity Becomes Majority Shareholder In Prebet Aiud
10.11.2024
Concrete prefab manufacturer Prebet Aiud (stock symbol: PREB) announced in a stock report on Oct 11 a significant change in its shareholding... more
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Sacha Dragic's Investment Vehicle Buys 916,000 Shares Of One United Properties
10.11.2024
Real estate developer One United Properties (stock symbol: ONE) announced in a stock market report on Oct 11 that D Craig Holding SA, a legal... more
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ARMO: Romania Ranks 3rd Among EU Countries In CEE By E-commerce Value
10.11.2024
Romania ranks 3rd among EU member states in Central and Eastern Europe in terms of e-commerce value, after Poland and the Czech Republic, according... 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.