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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Former OMV Petrom CEO Mariana Gheorghe Nominated For Supervisory Board Of UniCredit Romania 08.25.2025
Mariana Gheorghe, a Romanian and British citizen with more than 30 years of experience in the finance and banking sector, has been nominated for... more
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Romanian Startup Rentnbuy, Which Connects Tenants And Landlords, Officially Launches In Romania 08.25.2025
rentnbuy.com, a Romanian proptech platform that directly connects tenants and landlords is launching officially in Romania, its representatives... more
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SafeTech Posts RON27M Revenues in H1/2025, Down 12%. Profit Drops 2% To RON6M 08.25.2025
SafeTech Innovations, a Romanian cybersecurity company with offices in Bucharest, London, Abhu Dhabi and Ryad, reported RON26.7 million revenues at... more
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German Retailer Lidl Invested EUR160M in Romania in 2024 08.25.2025
German retailer Lidl invested EUR160 million in Romania last year, namely 2.8% of total foreign investments, with the company’s direct... more
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Meta Estate Trust Reports RON13M Revenues in H1/2025, Down 39%, RON4.6M Net Profit, 36% Lower YOY 08.25.2025
Meta Estate Trust, a holding company operating in the real estate field, in the first six months of 2025 registered RON13 million revenues, down... more
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Franke Romania Hopes to Return to Growth in 2025 08.25.2025
Swiss kitchen appliance manufacturer Franke hopes its Romanian business will step back into the black after three years of decline. more
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Genesis Property Invests over EUR50M in Yunity Office Project 08.25.2025
Genesis Property continues to invest in office space development as Romanian employees increasingly ask for support for their professional and... more
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Carbochim Switches to Losses in H1/2025 08.25.2025
In the first six months of 2025, Carbochim Cluj-Napoca, Romania’s largest producer of professional abrasives, registered RON13.8 million... more
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Cismigiu Hotel H1/2025 Revenues Up 7% YOY 08.25.2025
Bucharest’s four-star hotel Cismigiu, controlled by Spain’s Hercesa, boosted its turnover by 7% in the first half of 2025 and expects the same... more
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Romania's Antitrust Watchdog Thumbs Up Acquisition Of Continental Brakes Italy S.p.A. By Mutares SE & Co. KGaA 08.22.2025
Romania's Competition Council has given green light to the notified acquisition of Continental Brakes Italy S.p.A. by Mutares SE & Co. KGaA, via... more
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Transport Trade Services Appoints Ana Bobirca As Executive Board Chairwoman 08.22.2025
Danube freight carrier Transport Trade Services (stock symbol: TTS) has appointed Ana-Barbara Bobirca to the position of Chairwoman of the Board of... more
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EY: Companies Boost Investment In EHS Initiatives But Many Fail To Integrate Them Into Long-Term Strategies 08.22.2025
Businesses worldwide are increasing their investment in Environmental, Health and Safety (EHS) initiatives as a way to protect workers and the... more
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Rompetrol Rafinare Installs Simulator For Operators At Petromidia Refinery 08.22.2025
Rompetrol Rafinare (stock symbol: RRC), the operator of the Petromidia refinery, has completed the first stage in implementing a modern training... more
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Nuclearelectrica Signs EUR175M Contract To Retrofit Cernavoda NPP Unit 1 08.21.2025
State-owned Nuclearelectrica (stock symbol: SNN), the operator of Romania's sole nuclear power plant (NPP) Cernavoda, has announced in a stock... more
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Romania's Antitrust Body OKs Acquisition Of Travertec By Voestalpine Railway Systems 08.21.2025
Romania's Competition Council has approved the transaction through which voestalpine Railway Systems (VRS) Romania plans to acquire local precast... more
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EBRD Supports Romania To Deliver Its 2nd Successful Renewable Energy Auction Under CfD Scheme 08.21.2025
The European Bank for Reconstruction and Development (EBRD) has supported Romania to deliver its second successful renewable energy auction under... more
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Orange Romania Launches Network APIs Challenge Via Orange Fab And 5G Lab Programs 08.21.2025
Orange Romania, through Orange Fab and 5G Lab, is launching the Network APIs Challenge, an initiative dedicated to the local tech community and IT... more
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Kearney: Romania's Telecom Sector Places 16th In Ranking Of 20 European Countries 08.21.2025
Romania's telecom sector places 16 in a ranking of 20 European countries but the country stands out for its high customer sentiment score, being... more
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Clifford Chance Advised UniCredit Bank, Garanti BBVA On Signing Up To EUR60M Loan Agreement With DRI, A DTEK Group Company 08.21.2025
Clifford Chance's team of lawyers specialized in Project Finance, coordinated from Bucharest, has advised lenders UniCredit Bank SA and Garanti... more
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Impact Developer & Contractor Reports Consolidated Net Profit Of EUR9M For H1/2025 Amid Surging Sales 08.20.2025
Real estate developer Impact Developer & Contractor (stock symbol: IMP), held by businessman Gheorghe Iaciu, reported consolidated net profit of... 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.