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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Agroland Agribusiness Reports RON31M in H1/2024, Up 7% YOY; Net Profit Climbs 15%
09.25.2024
Agroland Agribusiness, a Romanian entrepreneurial company part of Agroland group, specialized in the sale of agricultural inputs, registered... more
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Germany’s Luxury Sportswear Brand Bogner Set to Open First Store in Romania
09.25.2024
German luxury sportswear brand Bogner, present in over 50 countries, is expanding to Romania by opening its first store in The Grand Avenue... more
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IT Group Bittnet Wants to Grow on Swedish Bourse Via Reverse Listing of Dendrio with Hemply Balance
09.25.2024
Dendrio Solutions, part of IT group Bittnet Systems, has signed a memorandum of understanding with Swedish company Hemply Balance to carry out a... more
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Evergent Investments Wants to Buy Back Maximum of 63 Million Shares, Offer Investors Aerostar Shares and Cash in Exchange
09.25.2024
Alternative investment fund Evergent Investments (EVER) is convening its shareholders to approve a share buyback offering, with Aerostar shares and... more
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Devero Impex 2023 Turnover Up 13.5% To RON18.7M
09.25.2024
Devero Impex, a business controlled by Musetescu family of Mizil, Prahova county, in 2023 posted turnover worth RON18.7 million (EUR3.8 million),... more
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Brake Pads Maker TMD Friction Sees 2023 Turnover Rise 15% To RON358.5M YOY
09.25.2024
TMD Friction Romania, which owns brake pads brand Textar, for 2023 reported turnover worth RON358.5 million (EUR72.5 million), up 15% from 2022, in... more
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Cybersecurity Startup Pentra Gets EUR150,000 Funding From Early Game Ventures
09.24.2024
Romanian startup Pentra (formerly Pentest Copilot), which was among the finalists of the Innovation Labs 2024 and was selected by Early Game... more
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SeedBlink Launches Raise Hub, A New Product For Start-Up Financing
09.24.2024
SeedBlink, the all-in-one equity management and investment platform, has launched Raise Hub, a comprehensive digital suite that empowers startup... more
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IT Company Bento Sees Net Profit Up 106% In H1 2024
09.24.2024
Entrepreneurial company 2B Intelligent Soft (BENTO.RO) posted RON12.1 million net profit in the first half of 2024, an increase of 106% on the... more
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Competition Council Looks Into Acquisition Of VW Services By Autoklass Center
09.24.2024
Romania's Competition Council is analyzing the transaction through which Autoklass Center SRL intends to acquire from Tess SRL the distribution,... more
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Restart Energy Implements EUR900,000 Photovoltaic Project for Tehno Proenergy
09.24.2024
Electricity supplier Restart Energy has completed the implementation of an around EUR900,000 photovoltaic project for Tehno Proenergy company of... more
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France’s Groupe Atlantic Seeks Engineers, Technicians and Support for Prahova County Plant
09.24.2024
Groupe Atlantic’s plant of Aricestii Rahtivani, Prahova county, currently has 29 employees and after production starts around 250 jobs will be... more
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Restart Energy Sees Revenue Shrink 70%, Slips Into The Red In H1 2024
09.23.2024
Restart Energy One, one of the main independent electricity and renewable energy suppliers to household and SME consumers in Romania, ended the... more
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Bonas Reports RON360,000 Net Profit For H1/2024, Down 27% YoY
09.23.2024
Cluj-based dairy producer Bonas Import Export (BONA.RO), listed on the AeRO market of the Bucharest Stock Exchange, reported net profit of... more
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Adiss Ends H1/2024 With 37% Lower Revenue, Of RON12M
09.23.2024
Adiss (stock symbol: ADISS), a Romanian company specialized in water treatment, ended the first half of 2024 with sales revenue of RON12 million,... more
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EY: One-Third of Romanian Employees Find Training Unhelpful
09.23.2024
Continuous upskilling is essential to remain competitive in today’s dynamic professional landscape, but only 65% of employees see direct... more
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Coface: Number of New Insolvencies in Romania Up 8.3% in H1/2024
09.23.2024
The number of new insolvencies in Romania went up by 8.3% in the first half of 2024 against the same period of 2023, with 3,684 new procedures... more
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Auchan Romania Opens Second Franchised Convenience Store in Calarasi County
09.23.2024
Auchan Romania, a major player in local food retail, continues to develop the franchising program launched in June locally, via which entrepreneurs... more
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Packeta Romania Adds 17 New Pick-Up Points to Local Network
09.23.2024
Packeta Romania, a global digital platform for e-commerce, is expanding its local network with 17 new pick-up points, in partnership with Diverta... more
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iSTYLE Romania Expects over EUR120M Turnover in 2024
09.23.2024
iSTYLE, the largest Apple Premium Reseller retail chain in Central and Eastern Europe, expects to generate over EUR120 million turnover in Romania,... 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.