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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Jewelry Chain Teilor Wants to Invest RON27M in Expansion today, 10:52
Teilor, a luxury jewelry store chain present in Central and Eastern Europe, has budgeted RON27 million investments for 2022 to open new units,... more
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Restaurant Chain Spartan Takes Over 5 Taksim Units in Bucharest for EUR1M, Negotiates Takeover of Other 3 today, 10:43
Spartan, the restaurant chain founded by businessman Stefan Mandachi, sealed an agreement to take over five of Taksim units of Bucharest, for EUR1... more
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Cora Set to Retrofit All Hypermarkets in Bucharest and One in Constanta today, 10:09
Cora retailer, the smallest player in the local food retail field by the number of stores and turnover, is remodeling its hypermarkets of Bucharest... more
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Chairry Design & Furniture Set to Lease 240-Sqm Space in UpGround Compound today, 09:55
Interior design company Chairry Design & Furniture is leasing a 240-sqm space in UpGround compound owned by international investor Globalworth, in... more
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ROTSA Launches Incubation Platform For Early-Stage Technology Startups In CEE yesterday, 19:41
Romanian Tech Startups Association (ROTSA), in partnership with Techcelerator and Rōnin, launched Startup Reaktor, an incubation platform for... more
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Transelectrica: First Electricity Trading With Ukraine And Moldova To Be Made On June 30 yesterday, 19:27
The first commercial exchanges with electricity with Ukraine and the Republic of Moldova, after the synchronization with the European network, will... more
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InstantSpace Launches Booking Platform; Raises EUR500,000 In New Funding Round yesterday, 19:09
Startup firm InstantSpace has launched its automated booking platform that makes booking of venues and services easy and instant. more
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Colliers: Rising Construction Costs Impact Delivery Rate Of New Office Space Projects yesterday, 18:14
The increase in construction costs will influence the delivery rate of new office space projects, with many real estate developers preferring to... more
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Survey: Over 60% Of Companies Only Experimenting With Artificial Intelligence yesterday, 12:01
While the majority of organizations that use artificial intelligence (AI) are still experimenting with the technology, only 12% are using it at an... more
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iFactor Readies to Open New Funding Round yesterday, 10:33
Local startup iFactor, which has developed an online alternative funding platform for SMEs, is readying to open a new funding round that is set to... more
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Remedia Aims for 30% Higher Turnover in 2022, To RON621M yesterday, 10:22
Farmaceutica Remedia, a major group on Romania’s pharma market, owned by entrepreneur Valentin Tarus, has budgeted RON621.5 million turnover in... more
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Bihor-based Drum Asfalt Set to Carry Out EUR1M Investments by Yearend yesterday, 10:16
Building company Drum Asfalt of Bihor, owned by Floare Petroi, has EUR1 million investments underway by yearend, with the money set to be directed... more
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TTS Set to Modernize Giurgiu Harbor Section in RON24M Investment yesterday, 10:06
Transport Trade Services (TTS), the biggest freight shipper on the Danube, listed on the Bucharest Stock Exchange, has got the greenlight for the... more
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Fashion Brand Orsay Shuts Down All Units in Romania yesterday, 09:51
French fashion brand Orsay has shut down all its physical stores in Romania, together with the online one, with part of the company’s products... more
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Ted’s Coffee Due to Add Four New Units in 2022 yesterday, 09:40
Coffee shop chain Ted’s Coffee is set to open another four units in 2022, according to Vasi Andreica, the chain’s founder. more
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Invitation to participate in the audit tender process according to Article 16 of EU Regulation 537/2014 on specific requirements regarding statutory audit of public-interest entities of OMV Petrom SA yesterday, 08:00
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Carrion Expedition Posts RON314M Revenue in 2021 yesterday, 00:00
Carrion Expedition, the Spanish-owned freight transport company based in Cluj-Napoca, posted RON314.3 million (EUR63.9 million) revenue in 2021,... more
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Automotive Part Maker VCST Back into the Black in 2021 06.27.2022
Automotive component manufacturer VCST Automotive Production Alba, the local subsidiary of Belgian group BMT, posted RON151.7 million revenue... more
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Grain Trader Agropec Dionis Revenue Rise 63% To EUR57M In 2021 06.27.2022
Grain trader Agropec Dionis ended 2021 with RON282.3 million (EUR57.4 million) revenue, up 62.6% on the RON173.6 million (EUR36 million) of 2020,... more
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Bos Automotive Products Romania’s Turnover Up 12% YoY To Over RON410M In 2021 06.27.2022
Car parts producer Bos Automotive Products Romania S.C.S, a subsidiary of Germany’s BOS GmbH&Co. KG, ended 2021 with a turnover of RON410.7... 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?