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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Shipbuilder Santierul Naval Severnav Signs EUR2.2M Contract With Handelskade Shipsales B.V.
02.15.2024
Romanian shipbuilder Santierul Naval Severnav (SEVE.RO) based in Drobeta Turnu-Severin, has announced in a stock market report on Wednesday (Feb... more
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Furniture Maker Aramis Invest Seeks To Hire 150 People At Its Plant In Baia Mare
02.15.2024
Aramis Invest, the biggest furniture producer in Romania, controlled by local entrepreneurs Vladimir Iacob and Marius Selescu, currently has 150... more
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Coca-Cola HBC Romania Sales Volumes Down 8% YoY In 2023
02.14.2024
Coca-Cola HBC Romania, the leader of the local refreshing drinks market, saw an 8.3% decline in sales on the year in 2023, the company said in its... more
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Christian Tour Holding Fully Acquires Anima Wings From Aegean Airlines
02.14.2024
Christian Tour Holding, owned by brothers Cristian and Marius Pandel, has received the approval of Romania's Competition Council for the... more
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Vola.ro Group Ends 2023 With EUR18.8M Turnover, Up 11% YoY
02.14.2024
Vola.ro Group had a turnover of EUR18.8 million in 2023, up 11% on the year, while plane ticket sales on the web platform grew at the same rate,... more
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Rompetrol To Install 11 Ultra-Fast Charging Stations For Electric Vehicles On A1 Highway
02.14.2024
KMG Rompetrol Development in November 2022 submitted an application for financing a project on the acquisition and installation of ultra-fast... more
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Hidroelectrica Invests Over RON12M To Modernize Ten 110kV Electrical Stations In SH Hateg
02.14.2024
Electricity producer Hidroelectrica (H2O.RO) announces the completion of the modernization process at ten 110kV electrical stations in SH Hateg... more
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Romanian Startup Telerenta Announces EUR3M Investment
02.14.2024
Startup Telerenta, supported by US investment fund NCH Capital, which has developed an automated platform for the renting of electronic equipment,... more
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Oil Terminal 2023 Profit Up 23.2% To RON14.2M
02.14.2024
Romanian state-owned port operator Oil Terminal, 87.7% controlled by the Romanian state, ended 2023 with net profit of RON14.2 million, up 23.2%... more
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Foreign Investors Were Interested in Romanian Startups in 2023
02.14.2024
For Romania, 2023 was marked by foreign investor interest and Romanian startups managed to set an upward trend, reveals the report “Venture in... more
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Travel Agency Paralela 45 Ends 2023 with almost EUR60M Sales Volume, Similar with 2019 Level
02.14.2024
Paralela 45 ended 2023 with a sales volume of almost EUR60 million, a level similar with that of 2019, a benchmark year for tourism, when the... more
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Market Capitalization Of Building Materials Producer COMCM Grows Sevenfold So Far In 2024.
02.14.2024
The shares of Romanian building materials producer COMCM Constanta (CMCM.RO) have gained 621% so far in 2024, which translates into a a more than... more
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Competition Council Looks Into CEZ Vanzare Takeover By Premier Energy PLC
02.13.2024
Romania's Competition Council is assessing the transaction through which Cyprus-based energy holding company Premier Energy PLC intends to take... more
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Report: Total Investments In Commercial Real Estate Assets In Poland, Czech Republic, Hungary, Slovakia, Romania At 10-Year Low Of EUR5.1B In 2023
02.13.2024
The total investment in commercial real estate assets, encompassing office spaces, retail establishments, logistics and industrial spaces, and... more
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Fondul Proprietatea Shareholders Reject Proposal For Sale Of Holdings In Fund's Portfolio Companies
02.13.2024
The shareholders of Romania's investment fund Fondul Proprietatea (FP.RO) on Tuesday (Feb 13) rejected item 3 on their agenda, which proposes the... more
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LinkedIn And Undelucram.ro Partner Up For Companies' Access To Skill Development Courses On LinkedIn Platform
02.13.2024
Web platform Undelucram.ro, the largest online employee community in Romania, has concluded a partnership with LinkedIn, the world’s leading... more
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Devhd Reports 15% Higher Turnover For 2023, Of Over EUR1M
02.13.2024
Devhd, specialized in the provision of consulting and digital transformation services via American platform ServiceNow, had a turnover of over EUR1... more
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Norofert Completes 1st Stage Of Project For Construction Of Laboratory For Research And Multiplication Of Microorganisms
02.13.2024
Norofert (NRF.RO), one of the largest organic farm input producers in Romania, listed on the AeRO Market of the Bucharest Stock Exchange, is... more
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Deloitte Opinion: Complying With International Sanctions: New Regulatory Measures Proposed At EU Level
02.13.2024
International sanctions refer to a set of measures adopted at a global or regional level regarding restrictions and obligations applied to certain... more
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Visual Fan Raises Stake in Intervision Trading to 70%
02.13.2024
Visual Fan, owner of Allview brand, has boosted its stake in Intervision Trading, the distributor of AKAI brand in CEE, to 70%, after taking over... 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.