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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Romania’s Defense Ministry Launches Bill For Acquisition Of 32 F-35 Jets for $6.5B 08.30.2024
Romania’s National Defense Ministry this week launched the bill needed in order to buy fifth generation F-35 fighter jets as proposed by US’... more
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MedLife Sees Profit Triple in H1/2024 08.30.2024
Private healthcare provider MedLife in the first half of 2024 saw its net profit rise threefold, from RON5 million in H1/2023 to RON17.4 million. more
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THR Marea Neagra Posts RON19.3M Revenues in H1/2024, Down 39% from H1/2023. Net Profit Drops 78% 08.30.2024
THR Marea Neagra, which manages several units at the seaside, ended H1/2024 with revenues worth RON19.3 million, down 39% from H1/2023. more
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Sphera Franchise Group H1/2024 Net Profit Doubles To RON41M 08.30.2024
Sphere Franchise Group, the company that manages KFC, Pizza Hut and Taco Bell restaurants in Romania, in the first half of 2024 doubled its net... more
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One United Properties Convenes Shareholders to Vote on Interim Dividends, Share Consolidation 08.30.2024
Real estate developer One United Properties, controlled by entrepreneurs Victor Capitanu and Andrei Diaconescu is convening its shareholders for... more
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Laguna Euromob Reports EUR15.5M Turnover for 2023, Down 3.3% YOY 08.30.2024
Furniture manufacturer Laguna Euromob for 2023 reported turnover worth RON76.8 million (EUR15.5 million), down 3.3% from 2022, in line with ZF... more
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Readymix Romania 2023 Turnover Up 7.3% YOY To RON146.3M 08.30.2024
Concrete producer Readymix Romania reported turnover worth RON146.3 million (EUR29.6 million) for 2023, up 7.3% from 2022. more
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Softronic Expects 25% Higher Turnover in 2024 08.30.2024
Craiova-based Softronic, the only manufacturer of electric locomotives and multiple units in Eastern Europe, estimates it will end 2024 with 25%... more
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Business Solution Integrator TOP TECH Slips Into The Red In 2023 08.29.2024
Local company TOP TECH, a business solutions integrator, posted a loss of more than RON1.6 million (EUR334,000) at the end of 2023, from a profit... more
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E.ON Energie Romania Installed Over 3,500 PV Systems At Residential Customers In Jan-Aug 2024 08.29.2024
E.ON Energie Romania has installed more than 3,500 photovoltaic systems at residential customers in the first eight months of 2024, eight times... more
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Park Properties Sells All Apartments In First Two Buildings Of SunLake Residence 08.29.2024
Park Properties, the developer of SunLake Residence, located on the shores of Lake Fundeni in Bucharest has successfully finalized the sale of all... more
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Cushman & Wakefield Echinox: Romania New Retail Space Deliveries Triple in H1/2024 vs H1/2023 08.29.2024
Deliveries of new retail spaces in Romania in the first half of 2024 totaled 87,400 square meters, significantly up from 30,000 square meters... more
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Meta Estate Trust Generates RON6.3M Profit in H1/2024, Double H1/2023 Level 08.29.2024
Meta Estate Trust, a holding company operating in the real estate field, in the first half of 2024 posted RON6.3 million net profit, double the... more
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Dacia Has New Marketing Director 08.29.2024
Starting September 1, 2024, Mihai Tanase, 38, is the new Marketing Director of Dacia brand in Romania and the Republic of Moldova. He will directly... more
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Premier Energy Reports EUR512M Revenues in H1/2024, Up 10% vs H1/2023. Net Profit Slides 60% To EUR20M 08.29.2024
Premier Energy Group, a producer, distributor and supplier of electricity and distributor and supplier of natural gas, ended the first half of 2024... more
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JYSK Opens Stores in Cluj-Napoca and Bucharest; Reaches 145-Unit Network in Romania 08.29.2024
Scandinavian home furnishings retailer JYSK, continues to expand in Romania and is opening two new stores, in Cluj-Napoca and Bucharest, thus... more
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Strabag Sees 2023 Turnover More than Double To almost RON2.2B YOY 08.29.2024
Austrian builder Strabag ended 2023 with turnover worth almost RON2.2 billion, more than double the previous year, in line with Finance Ministry data. more
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Rasnov Dino Parc Owner Wants to Invest EUR15M in Two Thematic Parks in Sf. Gheorghe and Bucharest 08.29.2024
Adrian Apostu, owner of Dino Parc of Rasnov, Brasov county, is readying another two similar projects, with different thematic, near Bucharest and... more
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Elba Timisoara Sees RON301.9M Revenue, Returns To Profit In 2023 08.28.2024
Timisoara-based lighting fixture and system manufacture Elba, a supplier of automotive lights for such groups as Dacia-Renault and Skoda, posted... more
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Software Developer Systematic Sees Revenue Up 22%, Profit Up 197% In 2023 08.28.2024
Systematic Development Center, a private IT company based in Denmark that develops software and solutions for various customers, including for NATO... more
The Ministry of Energy and the companies Reţele Electrice Muntenia, Reţele Electrice Banat and Reţele Electrice Dobrogea (part of
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More than 3,600 companies went insolvent in the first half of 2024, which translates into a 5.8% increase compared to the first six
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Romania's energy ministry has signed 27 financing contracts worth a total RON138.2 million which target investments in the local
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Bucharest’s short-term rental market had a booming post-pandemic evolution considering that in 2023 alone, the industry generated
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The volume of real estate deals in Romania posted an 131% advance in the first half of this year, to EUR418 million, marking the
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The assets of open-end equity funds in Romania, which have three times fewer investors than bond and fixed income funds, increased by
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Romania 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
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Fiscal 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
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Survey: Romania Could Increase Its GDP By 10% Until 2050 By Boosting Savings
Romania 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.