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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Awin Global Seeks to Hire Specialists for New Palas Iasi Office
04.09.2024
Awin Global, a company that manages a global martech platform, is expanding its office of Palas Iasi compound and is carrying out a recruitment... more
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Law Firm Filip & Company Assists Digi Spain in Sale of FTTH Network to Consortium of Several Investors
04.09.2024
Filip & Company team assisted DIGI Spain Telecom S.L.U. in the deal sealed with Sota Investments Spain OpCo, S.L.U., a company controlled by a... more
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OMV Petrom Hydrocarbon Output Down 4% in Q1/2024 vs Q1/2023
04.09.2024
OMV Petrom, Romania’s largest oil and gas producer, announced total hydrocarbon production in Q1/2024 reached 111,700 barrels of oil equivalent... more
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Telecom Solutions Provider CSR SRL Ends 2023 With RON152M Turnover, Up 67.3% YoY
04.08.2024
Telecom solutions provider Centrul pentru Servicii de Radiocomunicatii SRL (CSR SRL), which is a partner for American multinational... more
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Decathlon Appoints Romanian Executive Olivia Mariescu As CFO For Central And Eastern Europe Region
04.08.2024
French sporting goods retailer Decathlon has appointed Romanian executive Olivia Mariescu to the position of Chief Financial Officer (CFO) of its... more
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Pipe Maker TehnoWorld Sees Revenue Up 5% To RON434.4M In 2023
04.08.2024
TehnoWorld, a Suceava-based company that manufactures polyethylene pipes, increased its revenue by 5% to RON434.4 million in 2023 compared with the... more
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Sheraton Hotel In Bucharest Expects Revenue To Increase 10% To 15% In 2024
04.08.2024
The five-star, 270-room Sheraton Hotel in Bucharest expects revenue to increase 10% to 15% in 2024 compared with 2023, when the results were close... more
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Ryanair Seeks 15% Increase In Passenger Numbers Carried To And From Romanian Airports
04.08.2024
Ryanair, which operates from airports in Bucharest, Cluj and Iasi, expects a 15% increase in the number of passengers carried to and from Romanian... more
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Nuclearelectrica Appoints Vasile Dascalu As Chief Financial Officer
04.08.2024
Romania’s only nuclear power producer Nuclearelectrica (SNN.RO) has announced in a stock market report on Monday (April 8) the appointment of... more
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eMAG Expands Its Genius Delivery Service To 300 New Localities Across 36 Counties
04.08.2024
eMAG, one of the leading players on the online retail market in the region, is expanding its Genius delivery service to 300 new localities across... more
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Filip & Company Promotes One Counsel And Three Senior Associates This Spring
04.08.2024
Law firm Filip & Company is expanding its team of lawyers and promoting one counsel and three senior associates this spring. more
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NEPI Rockcastle Completes Vulcan Residence Project In Bucharest
04.08.2024
NEPI Residential, the residential division of Central and Eastern Europe's largest owner, developer and property manager of shopping centers, NEPI... more
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CBRE: Total Office Leasing Activity In Bucharest Up 71% YoY In Q1/2024
04.08.2024
The office sector in capital city Bucharest shows a positive fluctuation in terms of total leasing activity, after the first three months of 2024,... more
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Medima Opens New Clinic, In Deva, In Wake Of Roughly EUR1.7M Investment
04.08.2024
Imaging clinic network Medima has opened a new clinic, in Deva (in the central-western part of Romania), following an investment of approximately... more
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Energy Group CEZ Changes Name to EVRYO on Romanian Market
04.08.2024
Power group CEZ, present in Romania for 19 years, is changing its name on the local market to EVRYO. more
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Aquila Budgets almost EUR17M Investments for 2024
04.08.2024
Aquila Part Prod, the market leader in the field of integrated distribution and logistics services for consumer goods, in Romania and the Republic... more
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Visual Fan (Allview) Targets 13% Turnover Growth, 58% Higher Profit in 2024
04.08.2024
Visual Fan, an electronic device producer, owner of Allview brand, in its 2024 revenue and expense budget estimates its revenues will reach... more
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One United Properties Wants to Reach Portfolio of 11,000 Completed Apartments, Offices for almost 28,000 Corporate Workers and Three Hotels by 2030
04.08.2024
Real estate developer One United Properties during this year’s Capital Markets Day event announced its plan for 2030 envisages its expansion in... more
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Romgaz Sells RON2B Worth of Gas to E.ON Energie Romania and Electrocentrale Bucuresti
04.08.2024
Romania’s state-owned natural gas supplier Romgaz, announced it signed three gas sale contracts for period April 1, 2024-April 1, 2025, totally... more
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Portugal’s EDPR Gets OK for Two Solar Parks in Romania
04.08.2024
EDP Renewables (EDPR), the Portuguese group that is a major player on the global green energy market, last month got the technical connection... 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.