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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Dacia Prepares For Start Of Bigster Production 09.11.2024
Dacia’s Mioveni plant is currently assembling Duster and Jogger, while Sandero and Sandero Stepway are being assembled in Morocco. The Romanian... more
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SARMIS Capital Buys Into AEK-Deziclean 09.11.2024
Private equity firm SARMIS Capital, co-founded by Romanian executive Cezar Scarlat, who has extensive experience in private equity, has become a... more
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TeraPlast Set To Raise Share Capital By RON22M 09.11.2024
Building materials producer TeraPlast Bistrita (stock symbol: TRP) has announced in a stock market report on Wednesday (Sept 11) the decision of... more
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Builder P.A.B. Files For Bankruptcy 09.11.2024
Arad-based builder P.A.B, held by the Sandu family, has filed for bankruptcy, according to a court case registered on September 10, 2024. more
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Beraria H Set To Develop Over EUR40M Worth Of Urban Regeneration Project In Iasi 09.11.2024
Beraria H, the company operating the largest beer hall in Southeast Europe, which is located in Bucharest's Herastrau Park, has announced that it... more
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Energytech Start-Up OgreAI Gets To EUR6M Investments 09.11.2024
Romanian-British start-up Ogre AI, which specializes in providing artificial intelligence-based forecasting solutions for the energy sector, has... more
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Foreign Investors Council Blasts Speedy Adoption Of Emergency Ordinance Introducing New Tax Amnesty 09.11.2024
The Foreign Investors Council (FIC) criticizes the quick adoption of an emergency ordinance on tax amnesty by the Government, arguing that although... more
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TechAngels Investments Stand At Over EUR1M In H1 09.11.2024
In the first six months of this year, the members of TechAngels - the largest network of business angels in Romania, have invested a total of more... more
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METRO Romania Proposes LaDoiPasi Extra - A New Store Concept For Proximity Retail 09.11.2024
METRO Romania, the largest wholesaler in the local market, is speeding up investments in the proximity retail segment, by proposing a new store... more
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Gral Medical Invests EUR7M In OncoFort Ploiesti, The First Oncology Hospital In Prahova County 09.11.2024
Private healthcare services provider Gral Medical, one of the largest on Romania’s market, controlled by Romanian entrepreneur Robert Serban, has... more
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Survey: Romanians Spend More Time In Shopping Malls Despite Spending More Time To Get There 09.11.2024
Urbanization and the expansion of cities in Romania, through the construction of new housing units, apartment buildings, residential complexes and... more
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Statistical Data: 25,936 Housing Units Put Into Use In Romania In H1/2024, 19% Fewer YoY 09.11.2024
A total 25,936 housing units were put into use in Romania in the first half of 2024, fewer by 6,141 units (-19%) than in the same period of 2023,... more
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River Development Becomes SEMA Real Estate in Wake of Rebranding Process 09.11.2024
Local real estate developer and investor River Development, controlled by entrepreneur Ion Radulea, is changing its name to SEMA Real Estate in the... more
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EssilorLuxottica Group Builds Integrated Business on Romania Optical Market 09.11.2024
EssilorLuxottica giant, which has recently acquired OPTIBlu and Optiplaza stores, is also investing in local production and building an integrated... more
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Trendyol Gains 500,000 Customers In Eight Months Since Arrival In Romania, Aims For 1M By Yearend 09.10.2024
Türkiye-based Trendyol, which created a marketplace platform for fashion and other products that can be sold online, has grown to 500,000... more
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Nuclearelectrica Extends Provisional Mandate Of Vasile Dascalu As CFO For Two More Months 09.10.2024
The Board of Directors of nuclear power producer Nuclearelectrica (SNN.RO), the operator of the power plant in Cernavoda, has decided to extend the... more
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Simtel Team Reports RON6M Net Profit, RON98.1M Revenues For H1/2024 09.10.2024
Engineering and technology company Simtel Team (stock symbol: SMTL), the national leader in the field of renewable energy, reported consolidated... more
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Iulius Project On Former Carbochim Site In Cluj-Napoca To Be Called Rivus 09.10.2024
The urban reconversion and regeneration project in Cluj-Napoca developed by Iulius on the former site of the Carbochim plant will be called Rivus,... more
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CPI Romania Signed Lease Contracts For 41,500 Sqm Of Office Space In 2024 09.10.2024
CPI Romania, part of CPI Property Group, has signed lease contracts for a total area of 41,500 square meters of office space, so far in 2024. more
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Romania Reports 51.067 Real Estate Deals For August 2024 09.10.2024
The number of real estate deals in Romania stood at 51,067 in August 2024, 5,954 fewer than in July 2024 and 8,358 fewer than in August 2023, data... more
The Ministry of Energy and the companies Reţele Electrice Muntenia, Reţele Electrice Banat and Reţele Electrice Dobrogea (part of
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More than 3,600 companies went insolvent in the first half of 2024, which translates into a 5.8% increase compared to the first six
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Romania's energy ministry has signed 27 financing contracts worth a total RON138.2 million which target investments in the local
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Bucharest’s short-term rental market had a booming post-pandemic evolution considering that in 2023 alone, the industry generated
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The volume of real estate deals in Romania posted an 131% advance in the first half of this year, to EUR418 million, marking the
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The assets of open-end equity funds in Romania, which have three times fewer investors than bond and fixed income funds, increased by
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Romania smartphone market is expected to be flat at around 3.5-3.6 million units this year as in recent years there’s been a downward
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Fiscal 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
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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.