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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2Performant 2023 Net Profit Trebles To around RON900,000
02.22.2024
Tech company 2Performant Network, the biggest player on Romania’s affiliated marketing market, reported net profit of RON869,432 at the end of... more
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Turkey’s Karsan Otomotiv Set to Deliver 11 Electric Buses to Satu Mare City Hall for RON64M
02.22.2024
Turkey’s Karsan Otomotiv Sanayi Ve Ticaret A.S. has gained a contract worth RON64.2 million (around EUR13 million) with Satu Mare city hall for... more
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Grain Trader Belor Romania Budgets EUR48M Turnover for 2024
02.22.2024
Belor Romania Societate pe Actiuni, headquartered in Galati, part of German group Belor, expects EUR48 million turnover in 2024, lower than in... more
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Road Freight Carrier Trans SESE Seeks to Hire 300 Truck Drivers
02.22.2024
Road freight carrier Trans SESE, headquartered in Cluj-Napoca, the local subsidiary of Spanish group SESE, currently has 300 jobs available for... more
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China’s KSHG Auto Harness Seeks to Hire 200 People at Hunedoara Plant
02.22.2024
China’s KSHG Auto Harness currently has 200 jobs available at the plant of industrial park CTPark Deva II of Hunedoara county. more
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Pharma Wholesaler Dona.Logistica Crosses RON2B Turnover Threshold in 2023, Aims to Invest EUR2M in 2024
02.22.2024
The wholesale unit of Dona group, one of the largest on Romania’s pharma market, posted growth twice the market average in 2023, overshooting the... more
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Salt Mine Tourism Generates Only 10% Of Salrom’s Revenue
02.21.2024
The salt mines managed by Salrom – Slanic, Targu Ocna, Cacica, Ocnele Mari and Praid, generate 10% of the revenue of the company. Salrom posted... more
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Coworking Space Operator Betahaus Enters Romania
02.21.2024
betahaus, a company that operates coworking spaces in Berlin, Hamburg, Barcelona and Sofia, is entering the Romanian market with the opening of a... more
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La Mama Restaurant Chain Ends 2023 With 15% Growth In Revenue
02.21.2024
La Mama restaurant chain started by entrepreneur Catalin Mahu 25 years ago ended 2023 with 15% higher revenue than in 2022. Trotter Restaurant, the... more
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Coface: Insolvencies In Romana Flat At 6,650 In 2023
02.21.2024
The total number of insolvency proceedings in Romania reached 6,650 in 2023, flat on the previous year, when companies started 6,649 new insolvency... more
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Agroland Agribusiness Ends 2023 with RON57M Revenues, Down 10% YOY, RON1M Net Profit, 56% Lower
02.21.2024
Agroland Agribusiness, a Romanian entrepreneurial company part of Agroland group, specialized in the sale of agricultural inputs, for 2023 reported... more
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Maxagro Aims to Invest EUR5M in 2024
02.21.2024
Maxagro group, an entrepreneurial business set up 30 years ago by brothers Zifceak and that currently has a cultivated area of above 10,000... more
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Wizrom Plans to Grow via Acquisitions
02.21.2024
Software producer Wizrom plans to grow by acquiring other players on the market. more
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Pipe Maker TehnoWorld Put Up for Sale
02.21.2024
Suceava-based TehnoWorld, a producer of polyethylene pipes, has been put up for sale, with EY consultancy handling the process, according to ZF... more
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Bittnet Group’s Dendrio Solutions Signs RON11M Contract To Supply IT Equipment
02.20.2024
IT group Bittnet Systems (BNET.RO) on Tuesday notified the capital market of the signing of a significant RON11 million contract by Dendrio... more
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Fondul Proprietatea Collects RON432.6M From Sale Of Engie Romania Stake To GDF International
02.20.2024
Fondul Proprietatea via its manager Franklin Templeton International Services on Tuesday notified the Bucharest Stock Exchange of having completed... more
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Corteva Agriscience Ends 2023 With 23% Growth In Revenue In Romania And Republic Of Moldova
02.20.2024
Corteva Agriscience, a producer of agricultural seeds and plant protection products saw its business in Romania and the Republic of Moldova... more
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Transelectrica Gets Another EUR48M Funding Via Modernization Fund
02.20.2024
Romania’s national power transmission company Transelectrica (TEL.RO) got EUR48 million non-repayable funding on Tuesday, February 20, via the... more
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EXE Software Has Four Open Vacancies
02.20.2024
Romanian company EXE Software, specializing in software solutions development, currently has four open vacancies, seeking people to fill the... more
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Renault Puts Emaonel Derta In Charge Of Dacia Design Center In Bucharest
02.20.2024
Renault Group put Emanoel Derta in charge of the Dacia Design Center in Bucharest as of this year. He replaces Ory Yohann, who had been running the... 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.