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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Simtel Names Mihai Velicu, Former Premier Energy CFO, as Group CFO 09.01.2025
Simtel Team, a leading local player in the field of renewable energy, has appointed Mihai Velicu as chief financial officer of the group. more
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Autonom Group Sees Revenue Up, Profit Down In H1, 2025 08.29.2025
Autonom Group, the most important independent actor on the operational leasing and rent-a-car markets in Romania, posted RON438.3 million revenue... more
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Electrica Sees Fourfold Net Profit Increase in H1/2025 To RON421M 08.29.2025
Electrica (stock symbol: EL), a major player in electricity distribution, supply, and production market in Romania, recorded a RON421.4 million net... more
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MedLife Posts RON10M Net Loss in H1/2025 08.29.2025
Private healthcare provider MedLife ended the first six months of 2025 with RON1.57 billion turnover, up 20% from the year-earlier period. more
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Sphera Franchise Group Rakes In RON745M Sales in H1/2025 08.29.2025
Sphera Franchise Group, the company that manages KFC, Pizza Hut and Taco Bell restaurants in Romania, reported RON745.2 million consolidated sales... more
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Germany’s IWIS Invests EUR5M in Oradea in Electric Motor Production 08.29.2025
German group IWIS Mobility Systems, a manufacturer of drive systems and precision chains for the automotive industry, is strengthening its Romania... more
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US Group Mars Clinches First Acquisition in Romania, in Veterinary Sector 08.29.2025
American group Mars, particularly known for its presence in the food and pet food industry, has sealed its first acquisition in Romania.... more
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Ascendia Ends H1, 2025 With RON11.6M Revenue And RON5.4M Net Profit 08.28.2025
Ascendia (ASC.RO), a Romanian software company with a market capitalization of RON84 million, ended the first half of 2025 with record results in... more
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Deloitte Romania Assisted BlackPeak Capital In Affinity Life Care Investment 08.28.2025
A team of tax and financial consultants of Deloitte Romania assisted private equity firm BlackPeak Capital, specializing in investments in SE... more
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Two Meat Industry Groups In Romania Team Up For Ready To Cook Business 08.28.2025
Local producers Poultry Investment, held by investors from Romania and Hungary, and Authentic Meat, held by Alin Zamfira, both major actors in... more
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UiPath Appoints Michael Atalla as Chief Marketing Officer 08.28.2025
UiPath has appointed Michael Atalla as chief marketing officer. He will oversee all facets of the company’s global marketing strategy –... more
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Investment Platform SeedBlink Appoints Ronald Rapberger as Head of Sales To Coordinate European Expansion 08.28.2025
Investment platform SeedBlink has appointed Ronald Rapberger as head of sales to coordinate the company’s European expansion. more
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Farmaceutica Remedia Reports RON5.2M Net Profit for H1/2025 08.28.2025
Farmaceutica Remedia, a leading player on the drug wholesale market, posted RON5.18 million net profit during the first six months of 2025, from... more
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Cargus Expands Ship & Go Network with 245 New Delivery Centers in Agroland Stores 08.28.2025
Cargus is further expanding its Ship & Go network and has sealed a partnership with Agroland, the biggest retailer for farmers in Romania. more
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One United Properties Ends H1/2025 with RON813M Turnover, Up 16%, RON248M Net Profit, 9% Higher YOY 08.28.2025
Real estate developed One United Properties in the first half of 2025 registered RON813 million turnover, up 16%, and RON248 million net profit, 9%... more
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Cesal Returns to Profit in 2024 08.28.2025
Building materials producer Cesal, owned by Polish group Atlas, in 2024 recorded turnover worth RON86.3 million (EUR17.3 million), up 15.3% from... more
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Apulum Alba Iulia Switches to Losses in 2024 08.28.2025
Porcelain products manufacturer Apulum of Alba Iulia, one of IKEA’s suppliers, in 2024 registered turnover worth RON216.4 million (EUR43.5... more
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Grain Trader Below Romania Sees Losses Deepen in 2024 To RON17M 08.28.2025
Belor Romania Societate pe Actiuni, headquartered in Galati, for 2024 reported turnover worth RON163.5 million (EUR32.8 million), down 39.4% from... more
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Bucharest Sheraton Hotel Increases Turnover by 10% in H1/2025 08.28.2025
The five-star Sheraton hotel of Bucharest saw its turnover rise by 10% in the first half of this year and expects a similar advance by yearend,... more
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Sweets Producer Pan Foods Sibiu Postpones Investment in New Plant Construction 08.28.2025
Sweets producer Pan Food Sibiu, a business launched two decades ago by engineers Ioan Stanea of Sibiu and Gheorghe Pristavu of Campulung Muscel,... 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.