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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GES Furnizare, Part Of Simtel Group, Signs First Electricity Supply Contracts
03.13.2024
Simtel Team (SMTL), a Romanian engineering and technology company listed on the AeRO market of the Bucharest Stock Exchange and a national leader... more
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Belgium's H. Essers Builds 10,000-Sqm Warehouse For Agricover
03.13.2024
H.Essers, a leading European logistics services provider, has started the construction of a 10,000-square meter warehouse for crop protection... more
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ROCA Industry Benefits From Issuer Market Maker Services Provided By BRK Financial Group
03.12.2024
ROCA Industry (ROC1), a Romanian construction materials holding company listed on the Main Market of the Bucharest Stock Exchange (BVB), benefits... more
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Cristina Pîrjol Takes The Helm Of Fashion Days Starting With April 1, 2024
03.12.2024
Cristina Pîrjol, Commercial Director Selection for over eight years within Fashion Days, the largest online fashion retailer in Romania, will take... more
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Leroy Merlin Leases Two Retail Spaces In Bucharest From Austria's Supernova
03.12.2024
Leroy Merlin, the second-largest DIY retailer in Romania by revenue, leased two retail spaces in Bucharest with a combined area of 21,000 sqm from... more
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Optical Retailer Lensa Ends 2023 With Nearly RON207M Revenue, Up 54% From 2022
03.12.2024
Romanian optical retailer Lensa, founded by entrepreneur Daniel Craciun, ended 2023 with a 85-store chain and revenue of almost RON207 million, up... more
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Hidroelectrica Acquires All Assets And Staff Of UCM Resita, Romania’s Oldest Industrial Unit
03.12.2024
Euro Insol, the judicial administrator of Uzina Constructoare de Masini (UCM) Resita, has announced the signing of the contract for the sale of the... more
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Statistical Data: 21,461 Housing Units Put Into Use In Romania YoY In Q4/2023
03.12.2024
A total 21,461 housing units were put into use in Romania in the fourth quarter of 2023, 923 more units than in the same period of 2022,... more
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SelfPay Ends 2023 with RON11M Net Profit, RON185M Turnover
03.12.2024
SelfPay, which owns the largest network of self-service payment terminals in Romania, reported RON10.8 million net profit in 2023, up 188% from... more
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Association Led by Constructii Erbasu Builds New Infectious Disease Hospital in Oradea for EUR73M
03.12.2024
Constructii Erbasu, one of Romania’s largest construction firms, controlled by entrepreneur Cristian Erbasu, in association with Terra Gaz... more
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5 To Go Wants to Reach 10 Coffee Shops in Hungary, Cement Foothold in Romania
03.12.2024
5 to go coffee shop plans to reach 10 units in Hungary, where the Romanian business already operates four. more
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Bioderm Turns Medical Clinic Into Dermatology Hospital In Wake Of EUR500,000
03.12.2024
Dermatologist Lucian Russu has invested EUR500,000, from own funds, in the Bioderm clinic in Saftica (Ilfov County) and has turned it into a... more
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Farmec Opens New Store In Cluj; Reaches 28 Units Across Romania
03.12.2024
Cosmetics producer Farmec Cluj has opened a new store under the Gerovital brand within the VIVO! Shopping Center in Cluj, thus reaching a total 28... more
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Foraj Sonde Videle Signs RON44.9M Contract With Romgaz
03.12.2024
Oil drilling company Foraj Sonde Videle (FOJE.RO) on Monday (March 11) announced the signing of a contract worth RON44.9 million with Romanian... more
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Euro Vial Residence Buys Land In Constanta For EUR6.5M To Build Mixed-Use Project
03.11.2024
Euro Vial Residence, one of the leading developers active on the regional real estate market in the city of Constanta (south-eastern Romania), has... more
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CTP Appoints Andrei Brinzea As Business Development Director
03.11.2024
CTP, Europe’s largest listed developer, owner and manager of industrial and logistics properties by gross lettable area (GLA), has announced the... more
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ROCA Industry Listed On Regulated Market Of Bucharest Stock Exchange
03.11.2024
ROCA Industry, Romania’s first building materials holding company, owned by ROCA Investments, debuted today, March 11, on the Regulated Market of... more
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Symmetrica Reports over 20% Turnover Growth in 2023
03.11.2024
Suceava-based paving store manufacturer Symmetrica owned by Stanciu family registered an over 20% turnover increase in 2023, to RON260 million,... more
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Safetech Innovations Opens Subsidiary in Kingdom of Saudi Arabia
03.11.2024
Safetech Innovations, a Romanian cybersecurity company listed on the Bucharest Stock Exchange, with offices in Bucharest, London and Abu Dhabi, has... more
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Accenture Romania Wants to Recruit 1,000 People in 2024
03.11.2024
Accenture Romania, the local subsidiary of the Irish-American giant specializing in management consulting services, technological and outsourcing... 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.