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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Sphera Franchise Group Net Profit Triples To RON21M in Q1/2024
05.15.2024
Sphere Franchise Group, the company that manages KFC, Taco Bell and Pizza Hut restaurants locally, in the first quarter of 2024 posted the best Q1... more
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Alu Menziken Sees 2023 Profit Rise 46.5% in 2023, to over RON62M
05.15.2024
Alu Menziken, a company part of Montana group founded by Austrian entrepreneur Michael Tojner, for 2023 reported turnover worth RON477.6 million... more
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EMI International Eyes New Deals in Belgium, Considers Next Country for Expansion
05.15.2024
Entrepreneurial group EMI International, active on the door and industrial system market, is in advanced talks for new M&A deals on Belgium’s... more
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Eco Clean Ends Q1/2024 with 5% Lower Turnover on Retail Segment
05.15.2024
Bucharest-based Eco Clean, a business founded in 2000 by two Romanian entrepreneurs, which owns 12 green laundries and cleaners, ended the first... more
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ANA Hotels Set To Reopen Panoramic Restaurant On Tampa Mountain In Brasov
05.14.2024
Panoramic Restaurant on the Tampa Mountain in Brasov will reopen next year, after ANA Hotels bought it from Aro Palace in 2022 and said it planned... more
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Promateris Switches To RON10.6M Net Profit In Q1/2024 vs Nearly RON920,000 Loss In Q1/2023
05.14.2024
Biodegradable and compostable packaging manufacturer Promateris (PPL.RO) ended the first quarter of 2024 with net profit of RON10.6 million,... more
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Builder CML.RO Triples Profit In 2023
05.14.2024
Construction company CML.RO in Beclean, Bistrita-Nasaud County, owned by entrepreneurs Mihaela and Vasile Ros, posted RON185.7 million (EUR37.6... more
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Alro Slatina's Net Loss Shrinks To RON15M In Q1/2024 vs RON52M In Q1/2023
05.14.2024
Aluminum producer Alro Slatina (ALR.RO) reported net loss of RON14.8 million for the first quarter of 2024, compared to a negative result of... more
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AROBS Makes RON11.7M Net Profit, RON105M Revenue In Q1
05.14.2024
AROBS Transilvania Software (AROBS.RO), the largest technology company listed on the Bucharest Stock Exchange, posted RON105 million consolidated... more
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Turbomecanica Switches To RON1.3M Profit In Q1/2024 vs RON33,000 Loss In Q1/2023
05.14.2024
Turbomecanica, a local manufacturer of gas turbine engines and mechanical assemblies for aircraft, reported net profit of RON1.3 million for the... more
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Biofarm's Net Profit Shrinks 35% YoY To RON20.6M In Q1/2024
05.14.2024
Pharmaceutical producer Biofarm Bucuresti (BIO.RO) ended the first three months of 2024 with net profit of RON20.6 million, down almost 35% from... more
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Hidroelectrica’s Net Profit Shrinks 23% To RON1.3B In Q1, 2024
05.14.2024
State-owned Hidroelectrica (H2O.RO), Romania's largest electricity producer and the largest issuer listed on the Bucharest Stock Exchange by market... more
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Farmaceutica Remedia Reports 27% Higher Turnover, Of RON172.6M, For Q1/2024
05.14.2024
Farmaceutica Remedia Group (RMAH.RO), with activities in drug wholesale for pharmacies, but also for clinics and private hospitals, in pharma... more
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Tub Integral 2023 Profit Up 21.5% YoY To RON7.8M
05.14.2024
Tub Integral, a distributor of electrical materials and lighting fixtures, held by the Tarmure family from Bistrita, reported a turnover of RON75.7... more
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Digi Borrows EUR117M From Citibank Europe For Development In Romania And Spain
05.14.2024
Telecommunications operator Digi (DIGI.RO) on Tuesday evening notified the Bucharest Stock Exchange about its subsidiary RCS&RDS having taken out a... more
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Comelf Bistrita Reports Total Operating Revenue Of RON41.8M For Q1/2024, Down 14% YoY
05.14.2024
Industrial material manufacturer Comelf Bistrita (CMF.RO) reported total operating revenue of RON41.8 million in January-March 2024, down 14.35% on... more
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Primark Wants to Open Fourth Store in Romania in Vivo! Shopping Center of Cluj-Napoca
05.14.2024
Irish retailer Primark, which opened its first Romania store in December 2022, plans to add its fourth store locally, in Vivo! shopping center of... more
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Dutch Group Photon Energy Gets EUR15M from EBRD to Build Six Photovoltaic Parks in Romania
05.14.2024
Photon Energy has signed a senior secured loan agreement worth up to EUR15 million with the European Bank for Reconstruction and Development (EBRD)... more
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Transelectrica Q1/2024 Net Profit Up 29% To RON103M
05.14.2024
Romania’s national power transmission company Transelectrica generated RON103 million net profit in the first quarter of 2024, up 29% from the... more
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Nuclearelectrica Ends Q1/2024 with RON1.2B Revenues, Down 43%, RON563M Net Profit, Down 26% from Q1/2023
05.14.2024
State-run nuclear power producer Nuclearelectrica ended the first quarter of 2024 with RON1.2 billion revenues, down 43.1% from Q1/2023, while net... more
The European Bank for Reconstruction and Development (EBRD) is lending EUR50 million to UniCredit Leasing Corporation to support micro,
more39% of respondents in Romania anticipate a significant drop in housing prices over the next six months, 27% expect a slight decrease,
moreOMV Petrom, the largest integrated energy company in Southeast Europe, will build, in partnership with Complexul Energetic Oltenia (CE
moreThe European Commission (EC) sent letters of formal notice to Bulgaria, Ireland, Poland, and Romania for failing to notify their
moreRomania has almost 142.000 employees in the local IT sector, of whom some 98,000 work in Bucharest, Cluj and Timis, according to Ziarul
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
moreBanks’s profitability will remain subdued over the next year, because of an unprecedented mix of factors including Russia’s
moreRomania’s Energy Ministry on Monday (Oct 10) signed the first nine contracts funded through the Modernization Fund, in the amount of
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.