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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Grain Trader East Grain Expects EUR188M Consolidated Turnover for 2024
09.17.2024
Grain trader East Grain of Cluj-Napoca, controlled by Agrofert, the largest agribusiness and food industry group in Czechia, forecast EUR188... more
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Pastry maker Senneville Invests EUR15M in Two Production Units in Calan
09.17.2024
Timisoara-based pastry maker Senneville is investing EUR15 million in two production units in Calan, Hunedoara county. more
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Wiring Maker E-Cablaje Sees EUR15.5M Revenue In 2023
09.16.2024
Automotive, farming and transportation electric wiring maker E-Cablaje, held by Italy’s Cable Company SPA and Lobogest SPA, posted RON76.7... more
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Formens' 2023 Turnover Up 3% YoY To RON287M
09.16.2024
Botosani-based suit manufacturer Formens, held by French entrepreneur Losson Gerard Justin Joseph, for 2023 reported a turnover of RON287 million... more
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Prodalcom 2023 Turnover Up 3.2% YoY To RON28M In 2023
09.16.2024
Prodalcom Botosani, the producer of the Voronskaya vodka brand, owned by three Romanian entrepreneurs, ended 2023 with a turnover of RON28 million... more
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Adiss Concludes RON23M Contract To Expand And Rehabilitate Water Treatment Stations
09.16.2024
Adiss (stock symbol: ADISS), a Romanian company specialized in water treatment, has announced on Monday (Sept 16) that it concluded a significant... more
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Iulius Mall Suceava Starts EUR40M Expansion Process
09.16.2024
Iulius Mall Suceava has begun an expansion process that will result in the largest retail area in the north of Romania, over 60,000 square meters,... more
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OVES Enterprise: IT Service Budgets Are Nearly 20% Lower Compared To Two Years Ago
09.16.2024
Romania's IT industry, which has seen significant growth until recent years, is now feeling the effects of the global economic crisis; compared to... more
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Romanian Ed-tech Startup Youni Raises EUR1M In New Funding Round To Launch New AI-Based Technology
09.16.2024
Romanian ed-tech start-up Youni, which developed the younichoice.com platform that helps students find the right university abroad, has attracted a... more
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ALD Automotive And LeasePlan To Operate In Romania Under New Name Of Ayvens
09.16.2024
ALD Automotive I LeasePlan launches in Romania, Ayvens, its new global mobility brand, uniting the two companies together under a single common... more
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Lidl Opens Three New Stores in Bucharest, Sibiu and Rasnov
09.16.2024
German retailer Lidl continues to invest in Romania by opening three new stores in Bucharest, Sibiu and Rasnov, for which 86 new jobs have been... more
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Competition Council Looks into PPC Takeover of Several Romanian Renewable Power Producers
09.16.2024
Romania’s Competition Council is assessing the deal whereby Greece’s Public Power Corporation (PPC) plans to take over local companies Felix... more
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Automobile Dacia Banks on Automation
09.16.2024
Dacia’s Mioveni plant will implement a new car paint process in the coming period, a reason why Renault group has asked for a RON37.5 million... more
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PwC Assisted US’ Kiteworks in Buying Romanian 123FormBuilder
09.16.2024
A team of deal specialists of PwC Romania has assisted US company Kiteworks in the deal whereby it acquired 123FormBuilder of Timisoara, a... more
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ASA CONS Aims to Invest RON5M in 2024 to Boost Production
09.16.2024
Romanian precast concrete product manufacturer ASA CONS, owned by Consolis group, has budgeted RON5 million investments for 2024 to develop... more
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Paval Holding Looks to Invest on Local Hotel Market
09.16.2024
After acquiring two hotels abroad, more exactly Grand Hotel Gardone of Italy and Waldhaus Flims Wellness Resort of Switzerland, Paval Holding is... more
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Competition Council Approves Acquisition Of More Companies By Vetimex Capital SRL and D Craig Holding SA
09.13.2024
Romania's Competition Council has approved the transaction by which Vetimex Capital SRL and D Craig Holding SA intend to take over Vet HoldCo SRL,... more
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Connections Consult Ends H1/2024 With Record Net Profit Of RON4.67M
09.13.2024
Connections Consult (stock symbol: CC), a group of companies specialized in providing software solutions and IT services, reported record net... more
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Electrica Completes Acquisition of Foton Power Energy
09.13.2024
Electricity supplier and distributor Elecrica on Friday informed the local capital market that on September 12, 2024 it has completed the... more
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TeraPlast Raises EUR20M in Share Capital Increase Operation
09.13.2024
TeraPlast group has closed in advance, after just one day, the second phase of the share capital increase due to high investor’s demand who have... 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.