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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Prebet Aiud Sees H1/2024 Profit Halve To RON1.9M
09.03.2024
Concrete prefab manufacturer Prebet Aiud, in the first six months of 2024 posted RON1.87 million net profit, from RON3.71 million in the same... more
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FAN Courier Ends H1/2024 with 15% Higher Turnover
09.03.2024
FAN Courier, leader of Romania courier services market, ended the first half of 2024 with 15% higher turnover, in line with its budget, with... more
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Real Estate Developer One United Wants Ford Museum and Theater in Former Calea Floreasca Plant
09.03.2024
One United Properties, one of the most dynamic investors and developers of housing, office and mixed-use projects locally, will include a museum... more
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Perla Harghitei Expects 20% Turnover Growth in 2024
09.03.2024
Mineral water producer Perla Harghitei expects turnover to rise by 20% this year, with growth also supported also supported by the high... more
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First Swissotel Hotel In Romania Opens In Poiana Brasov
09.03.2024
The first Swissotel Hotel in Romania has opened in Poiana Brasov, its officials announced on LinkedIn. The hotel should have opened this spring,... more
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Rondocarton Fully Acquires Cardboard Packaging Maker Rondo Offset
09.03.2024
Rondocarton, part of Austria’s Rondo Ganahl Group, one of the largest corrugated cardboard manufacturers in Romania, has announced acquisition of... more
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Strabag To Build The Arc For PPF
09.03.2024
Czech Republic’s PPF has announced the start of the office space project The Arc in the Orhideea area in Bucharest and chose Strabag as general... more
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Tosmur Group Investment In Doubling Production Capacity Of Medgidia Plant 39% Completed
09.02.2024
Türkiye’s Tosmur Group, which owns the starch plant in Medgidia inaugurated in 2022, has reached 39% progress in implementing the doubling of... more
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Average Old And New Apartment Prices Up 17% YoY In August 2024
09.02.2024
Average sale prices of apartments, both old and new, increased by 17% in August compared with the year-ago month, the latest data from Storia, the... more
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Hidroelectrica Kicks Off Modernization Of Vaduri, Remeţi And Arcesti Hydroelectric Plants
09.02.2024
Hidroelectrica (H2O.RO), the largest electricity producer in Romania, has signed contracts with the consortium formed by Hidroserv and UCMH for the... more
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Competition Council Assesses Acquisition Of G.I. Industrial By Baxi S.p.A.
09.02.2024
Romania's Competition Council is analyzing the transaction through which Baxi S.p.A intends to take over G.I. Industrial Holding S.P.A. and its... more
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Competition Council Looks Into Takeover Of Intertrans Karla SRL, Bridgeconstruct SRL and ATS Energy SA By OMV Petrom
09.02.2024
Romania's Competition Council is assessing the transaction through which OMV Petrom S.A. intends to take over the companies Intertrans Karla SRL,... more
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EY: 72% Of Investors See Grants As Key To Investing In Romania
09.02.2024
A total of 72% of investors consider the availability of non-repayable grants to be a decisive factor in choosing a country to invest in, according... more
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Genesis Property Secures BREEAM Outstanding Certification For YUNITY Park’s Building F
09.02.2024
Genesis Property, one of the leading office building owners in Romania, has secured the BREEAM Outstanding Certification for the F building of the... more
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Romania Factoring Market Grows 8% in H1/2024, To EUR4.3B
09.02.2024
Romania factoring market reached EUR4.33 billion in the first half of this year, up 8% from the same period of last year. more
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Deloitte Romania Promotes To Directors Five Professionals From Audit And Assurance, Tax and Enabling Services Departments
09.02.2024
Deloitte Romania's management team expands as of September 1, 2024, following the promotion to directors of employees Ioana Lucaciu, Mihai Ionica... more
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Poland’s Resource Partners Takes Over Majority Stake in Vola.ro
09.02.2024
Resource Partners, a major regional manager of private equity funds, has taken over an 80% stake in Vola.ro, leader of Romania’s online tourism... more
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Purcari Deputy CEO Alex Filip Set to Take Company Reins in January 2025
09.02.2024
Winemaker Purcari has announced Alex Filip, the company’s deputy CEO, will take over as Group CEO starting January 1, 2025. more
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Farmacia Bajan Reaches 40 Units
09.02.2024
Farmacia Bajan, one of the most powerful local pharmacy networks, added eight new pharmacies in the first half of 2024, reaching a 40-unit network... more
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Zentiva Doubles Net Profit To RON143M In H1 2024
08.30.2024
Pharmaceutical producer Zentiva (SCD.RO), 96% held by Zentiva Prague and thus not much traded on the Bucharest Stock Exchange, doubled its net... 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.