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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Romgaz in Talks to Buy Exxon's 50% Stake in Neptun Deep Black Sea Project yesterday, 10:25
Romanian state-owned natural gas producer Romgaz is currently in talks to acquire Exxon's 50% stake in the Neptun Deep gas exploration and drilling... more
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Exports Expected to Account for 40%-50% of Ivatherm’s Sales in 2021 yesterday, 10:10
Foreign markets hold huge growth potential for the Romanian dermo-cosmetics producer Ivatherm, despite the wave of patriotism around the world,... more
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Fondul Proprietatea Sells 7% Holding in Nuclearelectrica in 2020 yesterday, 09:28
Fondul Proprietatea (FP.RO) has sold its entire 7.1% stake in nuclear power producer Nuclearelectrica (SNN.RO) throughout 2020, one of its longest... more
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Hidroelectrica Profit Grows 4.8% in 2020, to RON1.45B yesterday, 09:03
Romanian state-owned hydropower producer Hidroelectrica ended 2020 with a net profit of RON1.45 billion, up 4.8% on the year, according to the... more
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Transgaz 2020 Net Profit Plunges 34% To RON230M 02.22.2021
Romanian state-owned gas natural transmission company Transgaz (TGN.RO) ended 2020 with a net profit of RON229.8 million, down 34% on the year,... more
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Nuclearelectrica: Intergovernmental Agreement With US To Place Romania Among Countries With Double Nuclear Capacity 02.22.2021
The global nuclear energy production grew for the seventh consecutive year in 2019, reaching 2,657 TWh, per the World Nuclear Association (WNA).... more
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Restart Energy Invests $30M In Solar Park In Salaj County 02.22.2021
Restart Energy, an independent electricity and natural gas supplier on the local market, seeks to invest approximately $30 million in developing a... more
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E.ON's Delgaz Grid Plans RON1B Investments in Infrastructure by 2023 02.22.2021
Delgaz Grid, German utility group E.ON's natural gas and electricity distribution company in Romania, Delgaz Grid, plans to invest nearly RON1... more
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eMAG Seeks To Develop Industrial Park In Giurgiu County 02.22.2021
eMAG, the largest online retailer in Romania, seeks to develop an industrial park in Joita locality (Giurgiu County), where it is building a... more
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Romania's Car Production Drops 10% in January 02.22.2021
Romania manufactured 38,431 passenger cars in January, 10.7% fewer compared with January 2020, data from the country's carmakers association ACAROM... more
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XXXLutz Leases 6,000 Sqm in WDP's Logistical Park in NW Bucharest 02.22.2021
Austrian furniture and home decor retailer XXXLutz has leased 6,000 square meters of storage in the logistical park developed by WDP in... more
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Romanian Transgaz, Russian Gazprom Terminate Legacy Gas Transmission Contract 02.22.2021
Romanian state-owned gas natural transmission company Transgaz (TGN.RO) said Monday it has terminated the legacy contract for gas transmission... more
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Comelf Bistrita Posts RON2.7M Profit in 2020 02.22.2021
Romanian industrial equipment maker Comelf Bistrita (CMF.RO) on Monday reported a net profit of RON2.7 million for 2020, up 3% on the year. more
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Norofert Group Invests RON9.5M in 1,000-Ha Farm in Southern Romania 02.22.2021
Organic fertilizer producer Norofert Group (NRF.RO), plans to acquire a 1,000-hectare farm in Zimnicea, Teleorman county, for RON9.5 million, the... more
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Bittnet Shares Included in FTSE Global Micro Cap and FTSE Total-Cap in March 02.22.2021
Shares of Bittnet Systems (BNET.RO), a local integrator of IT&C solutions, will be included in the FTSE Global Micro Cap and FTSE Total-Cap indices... more
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Builder CON-A Returns to Growth in 2020 02.22.2021
Sibiu-based builder CON-A of entrepreneur Mircea Bulboaca ended 2020 with EUR101 million revenue, the corporate website says. This is 13% higher... more
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Chocolate Brand Heidi Created in Romania Opens Store in Vienna 02.22.2021
Romanian chocolate brand Heidi, now held by Austria’s Meinl family via Kex Confectionery, has entered the heart of Vienna. more
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Romanian Airline Tarom Plans to Save EUR8M with Staff Cuts 02.19.2021
Romanian state-owned airline Tarom estimates it will reduce its staff spending by an average of EUR8 million a year n the next six months, as it... more
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Laurentis Energy Partners Signs EUR3M Deal with Romanian Nuclearelectrica for Unit 1 Refurbishment 02.19.2021
Canada's Laurentis Energy Partners was awarded a EUR3.156 million contract award, through its subsidiary Canadian Nuclear Partners, to support... more
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Mid Europa Partners Expects 2021 to Be Better 02.19.2021
The year 2021 will be a better year both overall and for Romania’s economy, believes Matthew Strassberg, comanaging partner of buyout investor... more
FAN Courier, the leading courier services company in Romania, expects to end the year with a turnover of EUR205 million – close to
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Swedish real estate developer Skanska has sold office buildings Campus 6.2 and Campus 6.3 in Bucharest to Austrian developer S Immo,
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SoftOne Romania, a member of Greek investment group Olympia, continues its expansion by acquiring Orosimo Software, a software
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TeraPlast, the parent-company of TeraPlast Group, announced Friday the sale of its window profiles business to Dynamic Selling Group, a
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U.S. automaker Tesla is in a straight line with the opening of a center in capital city Bucharest and, for starters, it seeks to employ
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Romania plans to invest over EUR22 billion in its energy sector in the next ten years, according to the country's draft energy strategy
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Romania will sign a financing agreement totaling $8 billion with the United States for the refurbishment of one nuclear reactor and the
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The European Commission said Monday it has approved, under EU State aid rules, a RON21.3 million (approximately EUR4.4 million)
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DCS Plus, Druid and Tremend are the Romanian companies recognized in the Deloitte 2020 Central Europe Technology Fast 50 program in the
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Pet food and other care product sales will increase by 13% to almost 3 billion lei this year, data provided by market research company
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Romania’s Automotive Industry Loses EUR5B in Revenue Due to Production Halt in Spring
The revenue of Romania’s automotive industry shrank by 15% from more than EUR30 billion in 2019 to some EUR25 billion this year, data from Romania’s carmaker association ACAROM shows.
