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.
-
Shipbuilder Santierul Naval Severnav Signs EUR3.7M Contract For Ship Hull Construction
10.11.2024
Romanian shipbuilder Santierul Naval Severnav (SEVE.RO) based in Drobeta Turnu-Severin, has announced in a stock market report on Friday (Oct 11)... more
-
Sphera Group Adds New Brand to Portfolio: Cioccolatitaliani
10.11.2024
Sphere Franchise Group, an entrepreneurial company that operates KFC, Pizza Hut and Taco Bell restaurants in a franchise system, has expanded its... more
-
Agista Sells Dendrio Solutions Stake for EUR3.4M, Boosts Stake in Fort to 38.5%
10.11.2024
Romanian investment fund Agista has exited the shareholding structure of Dendrio Solutions (part of Bittnet Group) for EUR3.4 million and... more
-
Romania, Most Dynamic Market for Stefanini Group in 2023
10.11.2024
Romania continues to be a strategic center for Brazil’s Stefanini Group, which provides innovation and digital transformation solutions, owing to... more
-
Auchan Set to End 2024 in the Black in Romania
10.11.2024
French group Auchan, one of the most powerful players in Romania’s food retail, will end 2024 in the black as both the value of the average... more
-
One United Properties Shareholders Approve Bi-Annual Dividend Payment, Share Price Consolidation At 50:1 Ratio
10.10.2024
The shareholders of real estate developer One United Properties (stock symbol: ONE) announced in a stock market report on October 10 that it... more
-
Viarom 2023 Turnover Down 7% YoY To RON195.1M
10.10.2024
Construction company Viarom Construct, owned by Marius Daniel Badina, reported for 2023 a turnover of RON195.1 million (EUR39.4 million), down 7%... more
-
Interpork Plus, Part Of Carmistin Group, Reports RON571.7M Turnover For 2023, Up 24.1% YoY
10.10.2024
Interpork Plus, which sells meat and meat preparations and is part of the Carmistin group, owned by the Paraschiv family, ended 2023 with a... more
-
PwC: Romania's M&A Market Returns To Growth In Q3/2024, With 77 Deals Worth Over EUR2B
10.10.2024
Romania's mergers and acquisitions (M&A) market rebounded in the third quarter of 2024 compared with the first half of the year, with 77 deals... more
-
Morphosis Capital Launches Morphosis Fund II To Finance 9-10 Companies By EUR10-15M Each
10.10.2024
Investment company Morphosis Capital has launched the second private equity fund, Morphosis Fund II, which aims to carry out 9-10 investments worth... more
-
Competition Council Puts Up For Public Debate Mega Image's Supplier-Related Commitments To Acquire Profi
10.10.2024
The Competition Council is submitting for public consultation the commitments proposed by Delhaize "The Lion" Nederland B.V. (Mega Image) to... more
-
REI: Total Value Of Investments Of The 37 Companies Eligible For Funding Via “InvestALIM” Program Tops RON4B
10.10.2024
The total value of investments forecasted by the 37 companies eligible for funding through the “InvestALIM” funding program amounts to over... more
-
OMV Petrom Completes Two Renewable Power Deals with Renovatio
10.10.2024
OMV Petrom, the largest integrated energy producer in Southeastern Europe, completed the acquisition of 50% of the shares of Electrocentrale... more
-
Luther Imobiliare Takes Over and Continues “Fosta Fabrica” Project
10.10.2024
Luther Imobiliare has taken over and will continue “Fosta Fabrica” project, a monument conversion and consolidation and urban regeneration one. more
-
Sweden’s WIP Industries Switches to Losses in 2023
10.10.2024
Furniture parts supplier WIP Industries Romania, the local subsidiary of Sweden’s WIP Holding, for 2023 reported turnover worth RON90.8 million... more
-
OMV Petrom Hydrocarbon Output Down 5.6% in Q3/2024 Vs Q3/2023
10.10.2024
OMV Petrom, Romania’s main local oil and gas producer, in July-September 2024 reached total hydrocarbon production of 107.2 thousand barrels of... more
-
Stonevault 2023 Net Profit Up 26.5% YoY To RON16.1M In 2023
10.09.2024
Stonevault, a Baia Mare-based producer of sofa springs, reported a net profit of RON16.1 million (EUR3.2 million) for 2023, up 26.5% from a net... more
-
TeraPlast Group Acquires 70% In Optiplast, The 3rd Largest Flexible Packaging Manufacturer In Croatia
10.09.2024
TeraPlast Group on October 9 announced the signing of a purchase agreement to acquire 70% of the share capital of Optiplast, the third largest... more
-
SITA Opens Research & Development Center In Cluj-Napoca
10.09.2024
SITA, the world's leading specialist in air transport communications and information technology, has announced the opening of a research and... more
-
Control F5 Software 2023 Turnover Up 41% YoY To RON3.9M
10.09.2024
Control F5 Software, a developer of personalized software solutions, ended 2023 with a turnover of over RON3.9 million, up 41% on the year, as per... 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.