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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CreditAmanet Invests over EUR2.5M in Rebranding, Becomes MAGNOR
05.13.2024
CreditAmanet, a Romanian-held provider of pawnbroking and money exchange services, has invested over EUR2.5 million in a rebranding process and is... more
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One United Properties Ends Q1/2024 with RON419M Turnover, Down 5%, RON157.3M Net Profit, Up 4% from Q1/2023
05.13.2024
Real estate developer One United Properties ended the first quarter of 2024 with RON419 million consolidated turnover, down 5% from Q1/2023, while... more
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Safetech Innovations Reports RON11.7M Turnover in Q1/2024, Up 95%, RON2.7M Net Profit, Double Q1/2023 Level
05.13.2024
Cybersecurity company Safetech Innovation reported turnover worth RON11.7 million at individual level for the first quarter of 2024, up 95% from... more
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Centric IT Solutions Hits RON120M Turnover in 2023, Up 22% YOY
05.13.2024
Centric IT Solutions SRL, the local subsidiary of Dutch software solutions provider Centric IT Solutions, in 2023 registered net turnover worth... more
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Draghici Dental Group Invests Further EUR1.8M in Miroslava Dental Technique Lab
05.13.2024
Draghici Dental group will invest another EUR1.8 million in 2024 in equipment for the new dental technique lab of Miroslava, Iasi county, which... more
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Amber Studio Forgoes EUR2.8M State Aid To Create 120 Jobs In Botosani And Craiova
05.11.2024
Amber Studio, a local video game developer with $45 million revenue in 2022, has decided to waive EUR2.7 million in state aid that came with an... more
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IT Group Bittnet Ends Q1/2024 With Net Loss Of RON9.7M vs Loss Of RON2.7M In Q1/2023
05.10.2024
Bittnet Systems (BNET.RO), an IT Group listed on the Bucharest Stock Exchange, ended the first quarter of 2024 with net loss of RON9.7 million, on... more
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Argus Constanta Switches To Net Loss Of RON3.6M In Q1/2024
05.10.2024
Vegetable oil producer Argus Constanta (UARG.RO) announced in a stock market report on May 10 that it ended the first quarter of 2024 with a net... more
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Dan Niculaie Faranga Takes Over As CEO Of Tiriac Holdings
05.10.2024
Dan Niculaie Faranga has taken over in May 2024 the position of Chief Executive Officer of Tiriac Holdings, one of the largest Romanian... more
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Chimcomplex Completes RON12M Green Investment For Ecological Polyols At Ramnicu Valcea Plant
05.10.2024
Chemicals producer and supplier Chimcomplex Borzesti (CRC.RO) has completed a project aimed at investing in innovative technology for... more
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MedLife Reports RON647M Turnover for Q1/2024, Up 22% Vs Q1/2023, RON13M Net Profit, 55% Higher
05.10.2024
Private healthcare provider MedLife ended the first quarter of 2024 with pro-forma consolidated turnover worth RON647 million, up 22% from the... more
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OMV Petrom Seals Green Energy Supply Agreement with Saint-Gobain Romania
05.10.2024
OMV Petrom, the largest integrated energy producer in Southeast Europe, and France’s Saint-Gobain, which owns several plants in Romania mainly... more
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Aerostar Bacau Ends Q1/2024 with RON155M Turnover, Up 24% from Q1/2023, RON25M Net Profit
05.10.2024
Aerostar Bacau, a company that repairs and retools military aircraft, reported RON155.3 million turnover for the first three months of 2024, from... more
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Amigo & Intercost Posts 7% Higher Turnover in 2023 YOY
05.10.2024
Beverage wholesaler Amigo & Intercost of Odorheiu Secuiesc, Harghita county, in 2023 generated RON560 million turnover, up 7% from 2022, in line... more
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Rasirom Ends 2023 With RON17M Net Profit, Up 73% YoY
05.10.2024
Regia Autonoma Rasirom, an integrator of cyber and physical security solutions under the coordination of the Romanian Intelligence Service (SRI),... more
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Donna Medical Center Ponders Expansion Outside Of Capital City Bucharest
05.09.2024
Bucharest-based Donna Medical Center, a business set up in 2011 by Elena Claudia Teodorescu, a radiologist specializing in breast imaging, is... more
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Retail Pharmacy Chain Medimfarm Generated RON163M Turnover In 2023, Up 10% YoY
05.09.2024
The Medimfarm retail pharmacy chain in Prahova, one of the largest regional networks in the local pharmaceutical retail, reached a turnover of... more
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Holde Agri Invest Signs Four Contracts Worth Nearly EUR4M
05.09.2024
Holde Agri Invest (HAI.RO), one of the largest players in the Romanian agribusiness sector, has announced in a stock market report on May 9 the... more
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Norofert Finalizes Fertilizer Production Line In The USA
05.09.2024
Norofert, leader in regenerative agriculture research and one of the largest input producers in Romania, listed on the Bucharest Stock Exchange,... more
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Romania Approves EUR94M Financing Scheme To Help Telecom Operators Develop Fiber Optic Or 5G Networks
05.09.2024
Romania's Prime Minister Marcel Ciolacu has announced on May 9 that the government approved a financing scheme of nearly EUR100 million, using... 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.