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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Hexing Technologies Europe Leases 8,000 Sqm In Globalworth Timisoara Industrial Park
yesterday, 23:04
Hexing Technologies Europe SRL, a subsidiary of Hexing Group, a provider of green energy solutions, listed at the Shanghai Stock Exchange, has... more
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Inditex Group Sees 23% Increase In Pre-tax Profit In Romania In 2023
yesterday, 22:21
Spain’s Inditex Group, one of the largest actors in world’s fashion industry, which owns such brands as Zara, Bershka and Massimo Dutti, posted... more
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Stay Fit Gym Plans To Grow To 55 Gyms In Romania By End Of 2025
yesterday, 21:45
Gym network Stay Fit Gym, one of the largest actors on this market in Romania, plans to develop fast in the next two years. It seeks to go from 35... more
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Sika Set to Lease 4,500 Sqms in ELI Parks’ ELI Park 4
yesterday, 16:20
Swiss building materials company Sika is expanding its Romania operations after inking a contract to lease 4,500 square meters of logistic and... more
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C&W: Bucharest Among Europe's Most Affordable Residential Markets
yesterday, 15:01
Bucharest ranks among the major European cities with the lowest housing prices and the highest affordability ratios, in line with data from real... more
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EY Assisted Delgras Grid and Retele Electrice Banat in Accessing over EUR150M Worth of EU Non-Reimbursable Funds via Modernization Fund
yesterday, 11:14
EY assisted Delgaz Grid SA and Retele Electrice Banat SA in readying funding applications for investments in electricity grid expansion and... more
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Sipex Reports 7% Higher Turnover, 45% Lower Net Profit in 2023
yesterday, 11:01
Building materials wholesaler Sipex Company, in 2023 posted RON313.4 million turnover, 7.4% higher than in 2022. more
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Software Developer WE AS WEB Reaches EUR25M Turnover, over 500 Employees at End-2023
yesterday, 10:09
Local software developer WE AS WEB ended 2023 with EUR25 million turnover. 2.5 times higher than in 2022, and profit of around EUR4 million, double... more
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Lactate Natura Puts Dairy Plant Up for Auction
yesterday, 09:58
Lactate Natura, a dairy producer of Targoviste, is putting up for auction the company’s asset, which includes a land plot, buildings and... more
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Aerostar Bacau Wants to Reward Shareholders with Dividends with 2.2% Yield
yesterday, 09:48
Aerostar Bacau, a company that repairs and retools military aircraft, is convening its shareholders to approve the disbursement of a gross dividend... more
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Agricultorul-Panimon Group Wants to Conquer Romania Market with Own Brand
yesterday, 09:41
Agricultorul-Panimon group wants to expand its own flour and bakery brand, Panimon, countrywide, explained Ovidiu Bucataru, CFO of the group. more
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7,500 Apartments Currently Under Construction in Bucharest, in Ten Largest Projects
yesterday, 09:34
One United Properties with almost 2,300 apartments, Ionut Negoita with another 1,330 and Exigent with almost 1,300 are the most dynamic developers... more
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OMV Petrom Executive Board's Proposal For Distribution Of RON2.5B Dividends Approved By Supervisory Board
03.16.2024
The proposal of OMV Petrom's Executive Board for the distribution of dividends in the amount of RON2.5 billion for the financial year 2023, namely... more
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Nuclearelectrica Makes New Term Deposit With CEC Bank, Of RON250M, At 5.75% Annual Interest
03.16.2024
State-run nuclear power producer Nuclearelectrica (SNN.RO) made a term deposit of RON250 million with state-run lender CEC Bank on Thursday (March... more
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French Arval Group Launches Car Sharing App In Romania
03.15.2024
French Arval Group has launched on the Romanian market a mobile car sharing application exclusively dedicated to companies, which focuses on the... more
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Ford Motor Company Expands Bucharest Business Solutions Operations
03.15.2024
Ford Business Solutions is expanding its existing Bucharest operations. more
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Speedwell Starts Construction of 2nd Building of Timisoara Mixed-Use Project PALTIM
03.15.2024
Real estate developer Speedwell, founded by Didier Balcaen and architect Jan Demeyere, has started construction works for the second residential... more
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Chimcomplex Borzesti Set to Reward Employees, Managers, Administrators and Affiliated Legal Entities with Free Stock
03.15.2024
Chemical compound Chimcomplex Borzesti will carry out a Stock Option type program via which it will offer free stock to employees, managers,... more
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Ferma Zootehnica Nears EUR52M Turnover in 2023
03.15.2024
Integrated meat and meat products manufacturer Ferma Zootehnica, controlled by Lazar family, for 2023 reported EUR51.8 million turnover and expects... more
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Builder Taffo Invests RON4M in Office Spaces
03.15.2024
Taffo, a construction firm of Baia Mare owned by three shareholders, has acquired an industrial building which it plans to turn into an office... 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.