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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Coca-Cola HBC Romania Appoints Cornel Caramizaru General Manager 08.26.2024
Coca-Cola HBC Romania has appointed Cornel Caramizaru general manager, replacing Jovan Radosavljevic, who has supervised the Romanian operations in... more
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Dedeman Launches IT Project DedeTech 08.26.2024
Dedeman, the largest entrepreneurial business in Romania, is launching an IT project, DedeTech, designed to develop and upgrade the digital... more
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Rituals Arrives In Romania With Its Own Store In September 08.26.2024
Fashion and cosmetics are some of the most competitive markets in Romania, with more than 100 foreign and local brands vying over the several... more
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Affidea Invests EUR8M in Expansion and Equipment in H1/2024 08.26.2024
Affidea Romania, the largest player on the local medical imaging market, operated EUR8 million investments in the first half of 2024. more
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Several Investment Funds Look to Become 5 To Go Stakeholders 08.26.2024
Several investment funds, including Morphosis Capital, ACP, Booster and Integral Venture, aim to join the shareholding structure of 5 to go,... more
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Competition Council Conducts Unannounced Inspections At Profi Premises And Stores In Timisoara And Bucharest 08.23.2024
Romania's Competition Council has conducted unannounced inspections at the premises and stores of the company Profi Rom Food SRL in the cities of... more
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Tuca Zbarcea & Asociatii Assists La Cocos Founders in Deal with EBRD, CEECAT Capital and Morphosis Capital Fund II 08.23.2024
Law firm Tuca Zbarcea & Asociatii has assisted Romanian entrepreneurs Gianina and Iulian Nica, the founders of food retail chain La Cocos in... more
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EBRD and Two Investment Funds Want to Turn La Cocos into “Unicorn” 08.23.2024
The European Bank for Reconstruction and Development (EBRD) and private equity funds CEECAT Capital Fund and Morphosis Capital Fund II invested... more
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Deloitte Assisted AFI Europe in Buying Bucharest Financial Plaza from Immofinanz 08.23.2024
Deloitte Romania assisted real estate developer AFI Europe in acquiring office building Bucharest Financial Plaza from Immofinanz group. more
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Farmaceutica Remedia Budgets RON14M for Investments in 2024 08.23.2024
Farmaceutica Remedia, a major player on the local drug wholesale market, has earmarked total investments of over RON14 million for 2024. more
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Trans SESE Steps Into The Black In 2023 08.22.2024
Road freight carrier Trans SESE, headquartered in Cluj-Napoca, the local subsidiary of Spanish group SESE, returned to profit in 2023, with net... more
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Biofarm's Net Profit Plunges 17% YoY To RON42M In H1/2024 08.22.2024
Pharmaceutical producer Biofarm Bucuresti (stock symbol: BIO) ended the first half of 2024 with net profit of RON42 million, down 17% from RON50.2... more
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Cocor Bucuresti Ends H1/2024 With RON2.6M Net Profit, Nearly Threefold Higher YoY 08.22.2024
Cocor Bucuresti (COCR.RO), the operator of the shopping center in the center of Bucharest, reported net profit of RON2.6 million for the first half... more
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Oil Terminal And Euronova Energies Sign Partnership Agreement For Construction Of Bitumen Terminal In Port of Constanta 08.22.2024
Romanian state-run port operator Oil Terminal (stock symbol: OIL) has announced in a stock market report on August 22 that it signed a partnership... more
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Anca Luca Takes Over As Chief Growth Officer At InnovX Startup Accelerator 08.22.2024
Anca Luca, who has been a community manager for startups within Banca Comerciala Romana (BCR) over the last years, was recruited by the InnovX... more
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Romgaz Sells RON1.5B Worth Of Natural Gas To E.ON Energie Romania 08.22.2024
Romania’s state-owned natural gas producer Romgaz (SNG.RO) announced in a stock market report on Thursday (August 22) the conclusion of a new... more
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Winemaker Purcari H1/2024 Turnover Up 3% To RON166M; Net Profit Rises 8% To RON29M 08.22.2024
Winemaker Purcari Wineries in the first half of this year registered RON166 million revenues, up 3%, and RON29 million net profit, 8% above the... more
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Entrepreneur Silvia Melcescu Aims to Double Turnover of SIVA Uniforms To EUR4M, Eyes International Expansion 08.22.2024
SIVA Uniforms, the main professional outfit plant in Romania, expects turnover to double this year, to EUR4 million, and aims expansion of the... more
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EBRD, CEECAT Capital and Morphosis Capital Become Majority Stakeholders in La Cocos, Most Powerful Romanian-Held Food Retailer 08.22.2024
The European Bank for Reconstruction and Development (EBRD), CEECAT Capital Fund, a regional private equity fund that works with visionary founders... more
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IT Solutions Provider Linnify Sees Turnover Rise 12% in 2023, To over RON10M; Profit Drops 43% To RON535,000 08.22.2024
Linnify, a Romanian IT company founded in 2016, saw its turnover top RON10 million (over EUR2 million) in 2023, up more than 12% against 2022. 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.