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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Carrefour Romania’s Bringo Platform Sales Up Almost Eight Times in 2020 02.19.2021
The sales of the online commerce platform of the Carrefour group, Bringo, went up almost eight times compared in the first half of 2020, compared... more
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Terran Invests EUR500,000 In Machines, Storage Spaces At Its Factory In Campia Turzii 02.19.2021
Hungarian roofing systems producer Terran, which produces concrete tiles, is investing EUR500,000 at its production unit in Campia Turzii (Cluj... more
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iFactor Gets Funding from ROCA X, Targets Four New Markets in Two Years 02.18.2021
iFactor, an online platform helping SMEs sell their individual outstanding invoices for immediate cash, will receive a round of financing from... more
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Josephine Payne Takes Over as Ford Romania President on April 1 02.18.2021
Josephine Payne will take over as president of Ford Romania and general manager of the Ford Craiova plant starting April 1 and will be the first... more
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AmCham: 2021 Budget Law Should Include Concrete Measures To Increase Fiscal Revenue Collection 02.18.2021
The American Chamber of Commerce in Romania (AmCham Romania) welcomes the fact that the 2021 state budget provides a reduction of direct... more
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CBRE Recruits Mihai Patrulescu from Colliers to Lead Investment Properties Department 02.18.2021
Real estate consultancy company CBRE has recruited Mihai Patrulescu to lead the Investment Properties department of CBRE Romania, working closely... more
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C&W Echinox: Pandemic Pushes Logistical Demand and Development to New Records 02.18.2021
The Romanian logistics and industrial market has accelerated its expansion in 2020 both in terms of demand, which neared the 1 million square... more
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Kastamonu Romania Revenue Rises 7% to More Than EUR136M in 2020 02.18.2021
Kastamonu Romania (formerly Prolemn), held by Turkey’s wood processing group Kastamonu Entegre, posted EUR136 million revenue in 2020, an... more
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Damen Shipyards Mangalia Gets RON60M CEC Bank Loan to Fund Current Operations 02.18.2021
Romanian state-owned lender CEC Bank has granted a RON60 million loan to Damen Shipyards Mangalia, one of the largest shipbuilders in Europe,... more
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Construction Material Manufacturer Masterplast Interested in Investments in Romania Again 02.18.2021
Hungarian-held construction materials wholesaler Masterplast ended 2020 with RON67 million sales in Romania, an increase of 15% on the previous year. more
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Orange Romania Turnover Drops 3% in 2020, to EUR1.07B 02.18.2021
Telecom operator Orange Romania on Thursday reported a turnover of EUR1.076 billion for 2020, down 3% compared with 2019, while customer numbers... more
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Carrefour Group Announces 2.1% Higher Sales, Of EUR2.3B, For Its Romanian Stores In 2020 02.18.2021
French Carrefour Group has announced sales of EUR2.3 billion for its Romanian store chain in 2020, up 2.1% on the year, for similar activities, per... more
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JLL Romania Expands Industrial Team, Puts Ciprian Sirbu in Charge of Supply Chain Services 02.18.2021
Real estate consultancy company JLL Romania has recruited Ciprian Sirbu, former logistics manager at Vivre, to manage its Supply Chain Services... more
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CGS Romania: Personnel Turnover Down 20% in 2020 02.18.2021
The year 2020 came with good things, too, one of which was the decline in personnel turnover in the local outsourcing industry, says Vladimir... more
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TeraPlast Group 2020 Turnover Tops RON1B 02.18.2021
TeraPlast Group, with its two Plastics and Steel Divisions, exceeded the turnover of RON1 billion in 2020 and its net profit doubled, to RON79... more
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PwC: Family Businesses Optimistic About Their Recovery Over Next Two Years 02.18.2021
Family businesses are optimistic about their recovery over the next two years, with 86% anticipating a return to pre-pandemic growth rates by 2022,... more
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Ford Could Produce Electric Vehicles At Its Romanian Plant Starting 2026 02.18.2021
Ford’s Romanian assembly plant in Craiova could produce electric vehicles in the coming years, in the context of Ford of Europe’s new strategy... more
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evoMAG Ends 2020 With 43% Higher Sales, Of Over EUR32M; Eyes 20% Increase In 2021 02.18.2021
Online retailer evoMAG, held by entrepreneur Mihai Patrascu, ended 2020 with sales of over EUR32 million, up 43% on the year. more
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Coface: Company Insolvencies In Romania Hit Five-Year Low 02.18.2021
The number of company insolvencies in Romania reached the lowest level of the last five years. In 2020, over 5,500 companies went insolvent, 13%... more
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Singapore-based BPO Company TDCX Opens Office In Bucharest 02.18.2021
TDCX, a leading provider of business process outsourcing (BPO) services based in Singapore, is opening in Bucharest its first office in Central and... 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.
