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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H&M Sees 19% Higher Sales in Romania in H1 yesterday, 20:55
Swedish-held fashion retailer H&M posted SEK 1.046 billion (EUR102 million) sales in Romania in the first half (December 1 – May 31) of this... more
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Alexandrion Group Expands to Greece with Import and Distribution Operations yesterday, 20:38
Alexandrion group has expanded to Greece with alcoholic beverage import and distribution operations, a country where it takes 54 brands in 18... more
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Vincon Vrancea Rebranded As Beciul Domnesc Starting August 1, 2021 yesterday, 16:47
Vincon Vrancea, one of the largest winemakers in Romania, has finalized the rebranding process and became Beciul Domnesc, starting August 1, 2021. more
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Antitrust Body Looks Into Acquisition Of Ergo Group's Insurers In Romania By Signal Iduna yesterday, 16:18
Romania’s Competition Council is looking into a transaction whereby health insurer Signal Iduna Asigurare Reasigurare S.A. plans to acquire... more
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Imotrust Arad Seeks To Buy 3,415 Sqm Land In Timisoara For EUR2.25M yesterday, 15:28
Romanian company Imotrust Arad, active in the real estate sector, plans to buy a plot of land of 3,415 square meters in Timisoara (western... more
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Continental Puts French Matthieu Turlure At Helm Of Its Tire Factory In Timisoara yesterday, 15:03
German automotive group Continental has appointed French Matthieu Turlure to the position of director of its tire factory in Timisoara (western... more
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Avioane Craiova Appoints Victor Munteanu As New General Manager yesterday, 14:29
Victor Munteanu has taken over as the new general manager of Romanian state-run aircraft maker Avioane Craiova (AVIO.RO), effective August 2021,... more
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Pain Plaisir To Open New Unit, In Bucharest’s J8 Office Park Project; Eyes EUR2.5M Turnover In 2021 yesterday, 13:38
Artisanal bakery Pain Plaisir will be opening a new store, in capital Bucharest, in November 2021, within the J8 Office Park project, reaching four... more
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Enel X Romania Builds Two Solar Power Plants For Nimet Targoviste; Investment Reaches EUR1.5M yesterday, 13:09
Enel X Romania, part of Enel X, the advanced energy services division of Italy’s Enel Group, is building two solar power plants with a total... more
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TeraPlast Bistrita Eyes RON130M Operating Profit In Two Years; Has Over EUR32M Investments Underway In 2021 yesterday, 12:21
Romanian building materials producer TeraPlast plans to continue its development through both organic growth and through mergers and acquisitions... more
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Volker Raffel Takes Over As CEO Of E.ON Romania yesterday, 11:45
Volker Raffel has taken over the position of Chief Executive Officer (CEO) of natural gas and electricity supplier E.ON Romania, a member of... more
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Belgium’s WDP Invests EUR6M In Almost 4,000 Sqm Of Warehouses In Buzau yesterday, 11:12
Belgian-held logistics space developer WDP, one of the most active investors on the Romanian market, is expanding its warehouse in Buzau by almost... more
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OMV CEO Alfred Stern Appointed President of OMV Petrom 07.30.2021
OMV Petrom (SNP.RO), the largest company on the Bucharest Stock Exchange by capitalization on Friday announced it appointed Alfred Stern, the new... more
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One United Properties Holders Summoned To Approve Distribution Of Dividends, Share Capital Increase 07.30.2021
Romanian real estate developer One United Properties (ONE.RO) is summoning its shareholders for September 10 to approve the distribution of... more
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Footwear Retailer CCC Sales Double in Q1 07.30.2021
Polish footwear retailer CCC, which manages the brand by the same name and other brands, posted PLN122.6 million (RON132 million) sales in Romania... more
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Romania’s Top 20 Builders Post RON657M Profit in 2020 07.30.2021
Romania’s 20 largest builders posted RON657 million profit together last year, almost double the 2019 level, ZF has found from the data... more
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Going Green: Modern Retailers Invest in PV Panels for Stores and Warehouses 07.30.2021
Half of modern retail actors are betting several million euros on green energy, equipping their stores with photovoltaic panels and spending on... more
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SeedBlink Appoints Laurentiu Ghenciu As Chief Business Officer 07.29.2021
SeedBlink, a local crowdfunding platform for Romanian IT start-ups, has appointed Laurentiu Ghenciu to the position of Chief Business Officer. more
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Crosspoint Real Estate: Land Prices In Romania To Keep Growing 07.29.2021
Romania’s land market is one of the most active in the real estate sector, which is confirmed by a nearly 10% price increase in the first half of... more
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Romgaz Summons Its Shareholders On Sept 9 To Elect Interim Board Members 07.29.2021
Romania’s largest natural gas producer Romgaz Medias (SNG.RO) convenes the Ordinary General Meeting of Shareholders (OGMS) on September 9, 2021... more
Higher education, water distribution, energy efficiency and private sector investment across Romania will benefit from more than EUR809
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Alpha Real Estate Services (ARES), the real estate arm of Greek Alpha Bank Group, has sold three iconic hotels in the heart of
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Portugal’s EDP Renewables (EDPR), the third most important investor in green power in Romania, says new projects will only come if
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Romanian carmaker Dacia, owned by France's Renault, registered a record number of orders over the weekend for its first all-electric
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Portland Trust, one of the most powerful real estate developers in Romania, says it plans to have a more than 500 MW solar park
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Foreign investors operating on the Romanian financial market injected over RON200 million (around EUR42.3 million) as capital into
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The Cluj county council has issued an urban planning certificate in view of area planning and feasibility studies for the city's future
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The assets managed by private pension funds (Pillar II and Pillar III) reached RON78.07 billion at the end of 2020, 21% higher compared
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Real estate developers delivered some 142,400 square meters of new modern retail spaces in 2020, little over half of the estimates
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KPMG: Nearly Half of Global CEOs Don’t Expect a Return to Normal Until 2022
Almost half (45%) of global executives do not expect to see a return to a normal course of business until sometime in 2022, as opposed to nearly one-third (31%), the 2021 KPMG CEO Outlook Pulse survey has found.
