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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Road Freight Carrier Trans SESE Seeks to Hire 130 Truck Drivers
01.17.2024
Road freight carrier Trans SESE, the local subsidiary of Spain’s SESE group, currently has 130 truck driver jobs available. more
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THR Marea Neagra Set To Take Out EUR4M Loan From Banca Transilvania
01.17.2024
Turism, Hoteluri, Restaurante Marea Neagra (EFO.RO), which manages several hotels and restaurants in Romanian seaside resorts, has called... more
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Telekom Romania Mobile Expands 5G Network To Ramnicu-Valcea And Surrounding Areas
01.16.2024
Telekom Romania Mobile, ranked fourth on the local mobile telecom market and held by OTE (Greece) and Deustche Telekom (Germany), has announced... more
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Road Freight Carrier Criboser Sees Good Start Of 2024
01.16.2024
Road freight carrier Criboser, based in Oradea, brings about 80 to 100 trucks with food, flowers and medicines in Romania every week, while sending... more
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Farmacia Tei And Bebe Tei Post Almost RON1.9B Sales In 2023
01.16.2024
Farmacia Tei pharmacy chain will add new stores in Brasov, Craiova, Bucharest’s Sector 4 and Focsani along with Bebe Tei, its officials say. more
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Douglas Romania Relocates Its Offices To Oregon Park
01.16.2024
Douglas Romania has relocated its new office space in capital city Bucharest to office project Oregon Park. more
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EY Survey: Businesses Fear Global Tax Reform Will Lead To Double Taxation
01.16.2024
Global tax reform, ineffective use of technology, and economic uncertainty are putting significant strain on businesses’ transfer pricing (TP)... more
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Filip & Company Assists Alpha Bank in Completing Acquisition of Orange Money Romania Retail Activities
01.16.2024
Law firm Filip & Company has assisted Alpha Bank in completing the acquisition of retail activities of Orange Money Romania, the digital financial... more
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PwC CEO Survey 2024: Romania Executives Start 2024 More Upbeat Vs 2023
01.16.2024
Romania executives started 2024 with much more optimism than they had in 2023, with their perception about the national economy improving, as 37%... more
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SVN Romania: Romania Boasts Some of EU’s Most Affordable Mortgages
01.16.2024
Romania has some of the most affordable mortgages in the European Union, taking into account national average wages and the costs of buying a... more
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Winemaker Purcari Expands Into Türkiye By Acquiring 90% Stake In Newly Established Company
01.15.2024
Purcari Wineries (WINE.RO), a winemaker based in the Republic of Moldova, announced in a stock market report on Monday (Jan. 15, 2024) the... more
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Medical Clinic Chain Centrokinetic Acquires Two KineticPlus Centers In Brasov, Opens 4th Clinic In Bucharest
01.15.2024
Growth investment fund AGISTA has guided the medical recovery clinic network Centrokinetic to successfully finalize the acquisition of the 2... more
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Unilever Sells Frufru And Urban Monkey Back To Founder
01.15.2024
Entrepreneur Mihai Simiuc buys back health food brands Frufru and Urban Monkey from Unilever, five years after selling them to the group. more
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Banca Transilvania Grants Nearly EUR32M Financing To Softronic Craiova
01.15.2024
Romanian lender Banca Transilvania grants financing of almost EUR32 million to Craiova-based Softronic, Eastern Europe’s sole producer of... more
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Mandatory Private Pensions Funds In Romania Paid Over RON2B To 153,000 Beneficiaries In Last 15 Years
01.15.2024
Private pension funds in Romania on the mandatory (Pillar II) segment made payments worth over RON2 billion (EUR400 million) to almost 153,000... more
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Romania Reports More Than 60,000 Real Estate Deals For December 2023
01.15.2024
The number of real estate deals in Romania exceeded 60,000 in December 2023, some 3,000 fewer than in November 2023, data from the national... more
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Delgaz Grid Completes EUR37.2M Upgrade Works On Five Transformer Stations in Vaslui County
01.15.2024
Natural gas and electricity distribution company Delgaz Grid, a member of the E.ON Romania Group, has completed EUR37.2 million worth of upgrade... more
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ANIS Survey: Romania's IT Industry Shows Moderate Optimism For 2024
01.15.2024
Romania's IT industry shows moderate optimism for 2024 considering that 2023 ended below initial expectations, as per data from the 2024 Sentiment... more
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Bucharest’s 4-Star Hotel Capital Plaza Nears EUR3M in 2023
01.15.2024
Bucharest’s 4-star hotel Capital Plaza, owned by four Romanian entrepreneurs, ended 2023 with turnover worth almost EUR3 million, from EUR2.5... more
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MAM Bricolaj Set to Focus on Online Sales in 2024
01.15.2024
DIY retailer MAM Bricolaj of Bucharest plans to focus more on online sales in 2024, as well as on one of its physical stores, whose performance is... 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.