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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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
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Poland’s Amrest Rakes in EUR3.2M Gross Profit in Romania in 2023, Up 28% YOY
03.11.2024
Polish group Amrest, which owns 59 Starbucks coffee shops and 10 Burger King restaurants locally, last year generated EUR3.2 million gross profit... more
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Roofing Maker Bilka Posts 7% Higher Turnover in 2023 YOY
03.11.2024
Roofing maker Bilka of Brasov, owned by Horatiu Tepes, ended 2023 with EUR248 million turnover, up 7%. In sold volumes, the increase reached 25%. more
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Impact Developer & Contractor Contracts Via Branch A RON20M Loan From Vista Bank
03.09.2024
Real estate developer Impact Developer & Contractor (IMP.RO) has obtained a loan worth RON19.5 million through the branch RCTI Company, as per a... more
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Rompetrol Rafinare Starts General Turnaround Of Petromidia Refinery
03.08.2024
Rompetrol Rafinare, a member company of the KMG International Group (Rompetrol), has started the general turnaround of the Petromidia refinery,... more
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Hidroelectrica Completes Repair And Maintenance Works On Costisa Hydropower Plant In RON6M Investment
03.08.2024
Romania’s biggest energy producer, Hidroelectrica, has announced the completion of repair and maintenance works on its hydropower plant in... more
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PwC: Gender Pay Gap In Romania: Men Earn 21.6% More Than Women
03.08.2024
The salary gap between women and men continues to be high in Romania, namely 21.6% in favor of men, reveals the “Equal Pay Gender” analysis,... more
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Hidroelectrica Seals Partnership with Romania Olympic and Sports Committee to Support Romania Team at Paris Olympic Games
03.08.2024
Hidroelectrica, Romania’s biggest energy producer, has become a partner of Romania’s Olympic and Sports Committee (COSR) to support Romania’s... more
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Transilvania Investments Alliance Wants to Distribute Dividends with 4.7% Yield, Start Buyback of 10 Million Stock
03.08.2024
Transilvania Investments Alliance is convening shareholders to approve among others the distribution of a gross dividend of RON0.015/share and a... more
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Group Of Firms Maviprod-IRUM Ends 2023 With Nearly EUR56M Turnover
03.08.2024
Group of firms Maviprod-IRUM, owned by the Oltean family of Reghin, ended 2023 with a turnover of EUR55.9 million and targets a 5% increase in 2024. more
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ONE Group To Tap Into Hotel Market With Mondrian Brand
03.08.2024
The first luxury hotel under the Mondrian brand is due to open until 2026 in downtown Bucharest, near the Romanian Athenaeum, following a... 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.