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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Hexagon Secures Over EUR18M Financing From Libra Internet Bank For Residential Complex In Cluj-Napoca
03.28.2025
Romanian real estate developer Hexagon has secured financing of over EUR18 million from Libra Internet Bank for the development of ERA residential... more
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Antitrust Body Clears OMV Petrom’s Outsourcing Of Transport Services To Eugen Trans
03.28.2025
Romania's Competition Council has approved the transaction by which OMV Petrom (stock symbol: SNP) intends to outsource transport services from the... more
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Nokian Tyres Oradea Plant Starts Delivery Of Tires
03.28.2025
Nokian Tyres Oradea has started production and deliveries from its new plant in Oradea. Winter and all-season tires are the first products to reach... more
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Fitch Ratings Revises Electrica's Outlook To Stable; Affirms At 'BBB-'
03.28.2025
Electrica (EL.RO), a major actor on the electricity distribution and supply market in Romania, has informed investors on March 28 that the... more
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Dexory Joins Endeavor’s Global Network To Accelerate Its International Growth
03.28.2025
Dexory, a robotics and data intelligence company, founded by Romanian entrepreneurs Oana Jinga, Andrei Danescu and Adrian Negoita, has officially... more
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Electrica Plans To Distribute RON60M Dividends In 2025
03.28.2025
Electrica (EL.RO), a major actor on the electricity distribution and supply market in Romania, seeks shareholder vote on April 29 for distribution... more
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Farmacia Ardealul Ends 2024 With 8% Growth To Over RON90M
03.28.2025
Farmacia Ardealul, a chain of 11 pharmacies in Piatra Neamt that started 32 years ago, posted 8% growth in revenue to more than RON90 million in... more
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Optibelt Power Transmission Expects About EUR63M Revenue In 2025
03.28.2025
Automotive component maker Optibelt Power Transmission, the local subsidiary of Germany’s Arntz Optibelt expects 2025 revenue to be the same as... more
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Smithfield Rebrands As Comtim, Opens First Store In Bucharest
03.28.2025
Comtim Romania, formerly Smithfield Romania, the largest actor on the pork market in the country, has opened a store in Bucharest, its first... more
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Distributie Energie Oltenia Signs Agreement With Bank Syndicate To Refinance Debt And Get RON1.7B Funds
03.27.2025
Distributie Energie Oltenia (DEO), the electricity distribution company in the Oltenia region and one of the four electricity distributors in... more
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Eckerle Automotive Swings To RON1.9M Loss In 2024
03.27.2025
Car parts supplier Eckerle Automotive, the Romanian subsidiary of Germany’s Eckerle, switched to loss in 2024, reporting a negative result of... more
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Turbomecanica Seeks To Pay Out RON9M Worth Of Dividends
03.27.2025
The Board of Directors of Turbomecanica (stock symbol: TBM), the only local manufacturer of gas turbine engines and mechanical assemblies for... more
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Aquila Part Prod Plans To Distribute RON60M Worth Of Dividends
03.27.2025
Entrepreneurial company Aquila Part Prod (stock symbol: AQ.RO), one of the largest actors in the fast-moving consumer goods distribution business... more
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Practic Bucuresti Ends 2024 With RON35.7M Net Profit And RON46.4M Turnover
03.27.2025
Practic Bucuresti (stock symbol: PRBU), one of the largest owners of retail space in Bucharest, ended 2024 with net profit of RON35.7 million, up... more
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Hidroelectrica Proposes RON4B Dividend Payout From 2024 Profit
03.27.2025
State-run Hidroelectrica (stock symbol: H2O.RO), the largest electricity generation company in Romania, has called shareholders for a meeting on... more
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Smart ID Technology Acquires Majority Stake In AB Systems
03.27.2025
Smart ID Technology, with the support of private equity fund SARMIS Capital, announces the signing of an agreement to acquire a majority stake in... more
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Transelectrica Proposes RON155.4M Dividend Payout From 2024 Profit
03.27.2025
Romania’s national grid company Transelectrica (stock symbol: TEL) has called shareholders for a meeting on April 29, 2025 to vote on approving... more
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Nusco Imobiliara Borrows EUR64.4M from Banca Transilvania to Develop 2nd Phase of Nusco City
03.27.2025
Real estate developer Nusco Imobiliara, present on the Romanian market since 1997, has sealed a funding agreement with Banca Transilvania for the... more
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XTB Groups Ends 2024 With EUR435M Revenue, Up 21% YoY
03.27.2025
XTB Group ended 2024 with total revenue of EUR435 million, up 21% year-over-year, and net profit of EUR199 million, up 14% from 2023. more
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Sphera Franchise Group Unveils 1st Opening In 2025: A KFC Drive Thru Restaurant In Galati, In Wake Of EUR1.2M Investment
03.27.2025
Sphera Franchise Group (stock symbol: SFG), the company that manages KFC, Pizza Hut and Taco Bell restaurants in Romania, has informed the market... more

Romania’s economic growth is forecast to pick up gradually to 3.1% in 2025 and 3.6% in 2026, while its public finances will continue
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Romania ended 2024 with a current account deficit of EUR29.3 billion, higher by nearly EUR7.8 billion than in 2023, central bank data
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Economic growth expectations for 2025 stand at the average value of 1.5%, reveals the latest survey conducted by CFA Romania
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Romania economy recovery is slower than expected and political turmoil is denting investors’ and consumers’ confidence, says the
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Romania’s economy enters 2025 with positive long-term prospects, but with significant challenges in the year ahead, Colliers
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Managers of Pillar II mandatory private pension funds and Pillar III voluntary private pension ones will be able to invest up to 10% of
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Romanian investors last year spent EUR577 million on acquisitions in the region, three times more than in 2023, in line with data from
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Romania’s land market remained stable in 2024, with the volume of transactions nearing EUR450 million, similar to the level recorded
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Survey: Romania Could Increase Its GDP By 10% Until 2050 By Boosting Savings
Romania 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.