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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Czechia’s Nano Energy Enters Romania Market
01.22.2024
Prague-based Nano Energies has entered Romania’s market and is set to provide services as an independent electricity aggregator, via its local... more
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Window Maker Barrier Wants to Significantly Expand International Foothold in 2024
01.22.2024
Barrier, a Bacau-based door and window manufacturer, owned by Garmacea family, plans to significantly expand its presence on international markets... more
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Spectral Mobila Invests RON1M in Machinery and Transport Trucks
01.22.2024
Furniture producer Spectral Mobila, which owns a plant near Barlad and a store network under the same name, is set to invest RON1 million to... more
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Builder Concelex Bets on Infrastructure
01.22.2024
Builder Concelex plans to develop the group’s road infrastructure unit amid a wave of investments earmarked in this direction, justified by the... more
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2023, Best Year for Domeniile Averesti
01.22.2024
Rares Florea, country manager at wine producer Domeniile Averesti, a top 10 player on the market, says 2023 was the best year in the company’s... more
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Romaqua Group Joins Billionaire Club
01.22.2024
Radu Lazaroiu, general manager of Romaqua Group, Romania’s biggest beverage manufacturer, says 2023 was a good year for the company despite... more
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UBC 3 Building Of Palas Iasi Gets V7 Startup Studio As New Tenant
01.19.2024
United Business Center 3 (UBC) office building in the Palas complex in Iasi developed by the Iulius Group will have a coworking space for the... more
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Romania’s Airports See Traffic Of 25 Million Passengers In 2023, Higher Than In 2019 Even
01.19.2024
Passenger traffic on Romania’s airports reached 25 million people in 2023, an increase of 17% on the previous year, data from the Romanian... more
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Cold Cuts Producer Aldis Set To Invest EUR20M To Boost Production
01.19.2024
Aldis, one of the largest meat processors in Romania, plans to make a more than EUR20 million investment in boosting production capacity. The... more
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Mega Image Almost Halts Expansion In 2023, When Parent Group Announced Acquisition Of Rival Profi
01.19.2024
Retailer Mega Image, held by Belgian-Dutch group Ahold Delhaize, significantly slowed down expansion in Romania in 2023, the year when its parent... more
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Lensa Gets Chief Commercial And Acquisition Officer From Carrefour
01.19.2024
Lensa, one of the leading actors on the eyewear market in Romania, has recruited executive Gabriel Cubatov as chief commercial & acquisition officer. more
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Transilvania Constructii Completes EUR15M Construction Of New Logistics Park
01.18.2024
Transilvania Construcţii has recently completed the construction of its new logistics park, namely, TRC Park Bacau, a project which engulfed over... more
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Germany's Bosch Group Reorganizes Bosch Global Business Services Division In Timisoara Into A Separate Firm
01.18.2024
Germany's Bosch Group is expanding its activity on the Romanian market by establishing a new company in Timisoara, Bosch Global Business Services... more
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Colliers: 2024 Shaping Up As Promising For Romania’s Economy And Implicitly For Real Estate Market
01.18.2024
2024 looks quite optimistic for Romania’s economy and, by extension, for the local real estate market, Colliers consultants predict in ”Top 10... more
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Survey: Almost 70% Of Gen Z And 73% Of Gen X Employees Voice Out Need To Work From The Office At Least 3 Days/Week
01.18.2024
Nearly 70% of Generation Z employees say they need for at least three days a week in the office, with 62% already working full time from the... more
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Farmacia Tei And Bebe Tei Expand To ElectroPutere Mall In Craiova
01.18.2024
Tei Group, which owns Farmacia Tei and Bebe Tei retail chains, has rented about 2,400 square meters in ElectroPutere Mall in Craiova, held by... more
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EY Index: 25% Of Buyers Acquire Their Cars Online But Dealerships Remain Crucial For Transition To EVs
01.18.2024
One in four buyers purchase their cars online, but dealerships remain crucial for the transition to electric vehicles (EVs), according to the... more
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Ascendis 2023 Revenues Rise 5% To almost EUR11M
01.18.2024
Ascendis Group, a leading player on the training and consulting market in the field of professional development in Romania, ended 2023 with... more
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Spectral Mobila Ends 2023 with EUR6.7M Turnover, Up 16% YOY
01.18.2024
Furniture producer Spectral Mobila, with owns a plant near Barlad and a store network under the same name, ended 2023 with net turnover worth... more
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New Car Registrations in Romania Up almost 12% YOY To 144,611 Units
01.18.2024
Romania ranks 14th in the EU by the number of new passenger cars registered in 2023, with a volume of 144,611 units, up 11.8% from 2022, out of... 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.