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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Iasi City Hall Buys 18 Trams from Turkey’s Bozankaya in RON141M Contract
02.20.2024
Bozankaya, a Turkish-held public transport vehicle producer, has gained a project within a tender organized by Iasi City Hall via which it will... more
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Matei Lucescu Aims to Consolidate Investment in Grivita Craft Beer Plant
02.20.2024
Matei Lucescu, the entrepreneur behind Grivita beer brand, wants to strengthen investment in the production unit opened last year in... more
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New EV Sales Set to Hit 50,000 Units in 2030, from 19,000 in 2024
02.20.2024
“Electrified” passenger cars will in 2024 reach a 29% market share in Romania, so that, an analysis by the Automotive Manufacturers and... more
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Misavan Set to Invest EUR10M in New Cleaning Goods Plant
02.20.2024
Misavan, a Iasi-based cleaning goods producer, is building a new plant, where all the group’s production capacities will be moved. more
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Cristian Constantinescu, Who Sold Noriel in 2016, Develops Cosmetics Chain Nala
02.20.2024
Cristian Constantinescu, one of the most discreet local entrepreneurs, known for having co-founded and then sold Noriel, has shifted to the beauty... more
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Silcotub Zalau Starts Construction Of 21MW PV Park In Calarasi
02.19.2024
Industrial pipe manufacturer Silcotub Zalau, part of the international Tenaris group, held by the Italian Roca family, has started construction of... more
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ING Romania Appoints Austrian Philipp Gamauf CFO
02.19.2024
Philipp Gamauf will take the position of chief financial officer (CFO) of ING Bank Romania as of March 1, at which time he will also become a... more
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(P) Accenture Industry X or how you can use innovation and engineering expertise for the digital transformation of industry
02.19.2024
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Retele Electrice Companies Want to Buy 300,000 Smart Meters in Maximum EUR24.2M Tender
02.19.2024
Retele Electrice Muntenia, Retele Electrice Banat and Retele Electrice Dobrogea companies, part of PPC group in Romania, previously named... more
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Wargha Enayati Invests EUR500,000 to Buy InClinic Rahova
02.19.2024
Wargha Enayati, the founder of Regina Maria healthcare network and Enayati Medical City, has invested EUR500,000 to buy a clinic in Bucharest,... more
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Blachotrapez Bets on 25% Turnover Growth in 2024
02.19.2024
Metal tile roofing producer Blachotrapez, owned by the Polish group of the same name, which owns three plants in Romania, counts on a 25% turnover... more
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Teodor Holhos Invests EUR1.5M In New Clinic in Targu-Mures
02.19.2024
Doctor Teodor Holhos, founder of ophthalmology clinic Dr. Holhos, has invested EUR1.5 million in a new clinic in Targu-Mures and expects to cross... more
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Grain Trader East Grain Reports over RON700M Turnover for 2023
02.19.2024
Grain trader East Grain of Cluj-Napoca, controlled by Czechia’s Agrofert, ended 2023 with turnover worth RON701 million (EUR141.7 million) and... more
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Metallic Tile Maker Metigla Sees 2023 Turnover Rise YOY
02.19.2024
Metallic tile manufacturer Metigla, with a plant in Prahova county, ended 2023 with higher turnover from 2022, with structures needed for the... more
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Competition Council Assesses Takeover Of Greenvolt Energias Renovaveis By GVK Omega SGPS Unipessaol Lda
02.17.2024
Romania's Competition Council said it was assessing an operation whereby GVK Omega SGPS Unipessaol Lda intends to take over Greenvolt Energias... more
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Competition Council Assesses Takeover Of Romanian Software By Belgium's SD Worx People Solutions NV
02.17.2024
Romania's Competition Council announced on Friday (Feb 16) that it was looking into an operation through which SD Worx People Solutions NV intends... more
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Optima Group Establishes Board Of Advisors Made Up Of French Entrepreneur And Two Romanians
02.16.2024
Optima Group, a leader in software solutions and B2B provider of inventory and assets services, has announced the establishment of a Board of... more
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PepsiCo Romania Appoints Alexandra Rîştariu As Organized Trade Director
02.16.2024
PepsiCo has announced the appointment of Alexandra Rîstariu to the position of Organized Trade Director. more
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Impact Developer & Contractor Raises Over EUR1M In First 72 Hours Since Bond Offer Launch, Targets EUR3M
02.16.2024
Real estate developer IMPACT Developer & Contractor (IMP.RO) has raised over EUR1 million in the first 72 hours of issuing a bond offer ongoing... more
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Romania’s Crude Oil Production Drops 4.4% YoY In 2023
02.16.2024
Romania produced a quantity of crude oil of 2.795 million tons of oil equivalent (toe) in 2023, fewer by 129,200 toe (-4.4%) than in the same... 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.