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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Fortim Trusted Advisors: Investors Exponentially Increased Number Of Retail Parks In Last Three Years today, 21:03
The ranking of cities with the most modern commercial spaces is led by capital Bucharest which is followed by Timisoara, Cluj-Napoca, Iasi,... more
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Chimcomplex Lays Off 400 People today, 19:49
Chimcomplex (CHOB.RO), which owns the Oltchim and Borzesti chemical plants in Romania, has notified the Bucharest Stock Exchange of a planned... more
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S&P: Ukraine War Prompts Entrepreneurs Across Major Industries To Cut Production And Sales Forecasts today, 19:08
The war in Ukraine has caused entrepreneurs in major industries to reduce production and sales forecasts for the next two years, according to... more
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ROCA Industry Adds Harsova-Based Company Dial To Its Portfolio today, 16:20
ROCA Industry, the construction material holding company of ROCA Investments, continues to expand its portfolio along with the completion of the... more
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Connections Consult's Operating Income Up 21% YoY To RON20.8M In 1H/2022 today, 15:10
Connections Consult (CC.RO), a Romanian company specialized in providing software and IT services, said in a stock market report that it ended the... more
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PepsiCo Invests $100M In Snacks Factory Near Capital Bucharest today, 13:46
PepsiCo, one of the leading global food and beverage companies, on Monday announced a $100 million investment in three new operational production... more
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DN Agrar 1H/2022 Turnover Soars 241%Vs Year-Earlier Period To RON62.4M today, 10:59
DN Agrar, a Dutch-held group of firms operating in the fields of animal husbandry, farm production, farming services, logistics, transportation,... more
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German-held Builder Geiger Doubles Profit in 2021 today, 10:21
German-held building company Geiger Transilvania in 2021 generated net profit of RON18 million (EUR3.7 million), double the 2020 level. more
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Lithuania’s Investment Fund INVL Buys New Solar Power Projects in Romania today, 10:14
INVL Renewable Energy Fund I, managed by Lithuania’s INVL Asset Management, has bought another 6 solar power projects in Romania, with a capacity... more
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Romania, Among Countries with Best Results for Ireland’s CRH in 1H/2022 today, 10:03
Cement producer Romcim, part of Ireland’s CRH, registered solid results in East-European countries in the first six months of this year, with... more
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ANCOM Expects at Least EUR450M from 5G Auction This Fall 09.23.2022
The authorities in Bucharest expect the largest sale of radio frequency spectrum since 2012, the so-called 5G auction to be held this fall, to... more
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Germany’s Optibelt Hits EUR39.4M Turnover in 1H/2022, Up 31% from 1H/2021 09.23.2022
Car parts producer Optibelt Power Transmission of Tautii-Magheraus, Maramures county, the local subsidiary of Germany’s Arntz Optibelt, ended the... more
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Cluj-Napoca-Based Builder Wincon Set to Invest EUR5M to Expand Production Capacity at Plant 09.23.2022
Builder Wincon of Cluj-Napoca, owned by brothers Bogdan and Werner Irsik, is carrying out an investment to boost the production capacity at one of... more
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Group of Firms Maviprod-IRUM Bets on EUR65M Turnover in 2022 09.23.2022
Maviprod-IRUM group of firms, owned by Oltean family of Reghin, in the first half of this year generated turnover worth above EUR30.5 million, up... more
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Benvenuti 1H/2022 Turnover Up 37% To RON67M 09.23.2022
Footwear retailer Benvenuti, controlled by local entrepreneur Dan Pavel, in the first half of this year reached turnover worth around RON67 million... more
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Number of Four-Star Hotels Doubles in Ten Years in Romania 09.23.2022
In 2021, the number of four-star units stood at 394, in line with National Statistics Board data. The considerable increase is mainly due to... more
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Online Retailer DY Fashion Eyes EUR5M Turnover At End-2022 09.22.2022
Online fashion retailer DY Fashion expects to end 2022 with a turnover of EUR5 million, up almost 20% versus EUR4.2 million in 2021. more
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Certion Launches Luxury Real Estate Partitions On Local Market 09.22.2022
Romanian company Certion, which develops real estate projects in local seaside and mountain resorts, launches the real estate partitions, a concept... more
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McCann Worldgroup Romania Promotes Two Executives to Co-CEO 09.22.2022
McCann Worldgroup Romania today promoted two managers, Ionela Buta, current chief operations officer, and Catalin Dobre, current chief creative... more
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Study: European Commission May Miss Target To Have 100 Smart And Climate-Neutral Cities By 2030
09.22.2022
Urgent policy measures including adequate funding, the creation of smart city task forces and the availability of high-quality connectivity will be... more
Real estate investments in Romania neared EUR900 million in 2021, with over a third of the amount transacted being recorded in the last
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The Romanian equity of Germany’s group Metro is valued at EUR225 million, in line with data presented in a company report.
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One United Properties (ONE.RO), one of the leading green developers of residential, mixed-use and office real estate in Romania, has
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House prices per square meter in Romania are undervalued by almost 30% compared to house prices on other real estate markets in Europe,
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Five new companies listed on the Bucharest Stock Exchange will be included in the FTSE Russell index series dedicated to Emerging
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Bistrita-based Datacor plans to develop greenfield-type photovoltaic projects in Transylvania, with total 50MW capacity, as the system
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CTP, the biggest developer and manager of industrial and logistics space in Romania, has over 270,000 square meters under construction
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Ford’s assembly facility in Craiova has produced one million vehicles between 2009 and 2021, in the amount of EUR18 billion, of which
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Poland’s group CCC is bringing in Romania in 2022 the HalfPrice brand, which will operate on the fashion outlet segment, according to
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What Chances Do Romanian Entrepreneurial Companies Stand to Become “Multinationals of the East”?
A rising number of companies, not just from the tech field, are exporting their business model abroad, gaining new markets and strengthening their operations, acting as genuine “multinationals” of the East. Is this concept functional at present and can it be used in any field?