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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2024, First Year With No Major Office Building Delivered
09.03.2024
The pandemic, the rise in interests and material prices, the work for home and the acute shortage of construction permits in the past four years... more
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Green Leaves Technical Reports 8% Lower Turnover, Of RON231M, For 2023
09.03.2024
Green Leaves Technical SRL, the sole licensed distributor of Chinese smart devices brand OnePlus/Oppo in Romania, ended 2023 with a turnover of... more
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FMCG Wholesaler Licurici Impex Ends H1/2024 With RON275M Turnover, Up 15.5% YoY
09.03.2024
Licurici Impex, a consumer goods wholesaler of Onesti, Bacau county, ended the first half of 2024 with a turnover of RON275 million (EUR55.2... more
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Bathroom Furniture Maker Savini Due Invests Over EUR35M In New Plant In Sebes
09.03.2024
Bathroom furniture manufacturer Savini Due will finalize a more than EUR35 million investment project this year, which entailed construction of a... more
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New Car Registrations In Romania Plunge 22.64% To 9,972 Units YoY In August 2024
09.03.2024
New car registrations decreased by 22.64% to 9,972 units in Romania in August 2024 compared with the same month of 2023, in line with data provided... more
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Biotech Startup The Cat Health Company Raises EUR500,000 In Pre-Seed Funding Round
09.03.2024
Biotech startup The Cat Health Company (TCHC), which aims to develop novel drugs against age-related diseases in felines, has raised a total... more
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Florin Petolea, CTIO At Telekom Romania Mobile Communications, Leaves Company
09.03.2024
Florin Petolea, Chief Technology & Information Officer (CTIO) with Telekom Romania Mobile Communications since January 2023, has left the mobile... more
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HILS Development Invests EUR3M In First Green Homes Certification
09.03.2024
HILS Development, an entrepreneurial company dedicated to responsible real estate development, announces the pre-certification of Green Homes for... more
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ROCA Industry Wants to Raise Up To EUR10M from Local Capital Market Investors Via Bond Issue Program
09.03.2024
The shareholders of ROCA Industry, a Romanian construction materials holding, have recently approved the proposal to launch the company’s first... more
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ClusterPower 2023 Turnover Down 38% To RON8M
09.03.2024
Cluster Power SRL, which operates one of Romania’s biggest data centers, located near Craiova, in 2023 registered RON8.1 million turnover, down... more
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Prebet Aiud Sees H1/2024 Profit Halve To RON1.9M
09.03.2024
Concrete prefab manufacturer Prebet Aiud, in the first six months of 2024 posted RON1.87 million net profit, from RON3.71 million in the same... more
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FAN Courier Ends H1/2024 with 15% Higher Turnover
09.03.2024
FAN Courier, leader of Romania courier services market, ended the first half of 2024 with 15% higher turnover, in line with its budget, with... more
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Real Estate Developer One United Wants Ford Museum and Theater in Former Calea Floreasca Plant
09.03.2024
One United Properties, one of the most dynamic investors and developers of housing, office and mixed-use projects locally, will include a museum... more
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Perla Harghitei Expects 20% Turnover Growth in 2024
09.03.2024
Mineral water producer Perla Harghitei expects turnover to rise by 20% this year, with growth also supported also supported by the high... more
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First Swissotel Hotel In Romania Opens In Poiana Brasov
09.03.2024
The first Swissotel Hotel in Romania has opened in Poiana Brasov, its officials announced on LinkedIn. The hotel should have opened this spring,... more
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Rondocarton Fully Acquires Cardboard Packaging Maker Rondo Offset
09.03.2024
Rondocarton, part of Austria’s Rondo Ganahl Group, one of the largest corrugated cardboard manufacturers in Romania, has announced acquisition of... more
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Strabag To Build The Arc For PPF
09.03.2024
Czech Republic’s PPF has announced the start of the office space project The Arc in the Orhideea area in Bucharest and chose Strabag as general... more
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Tosmur Group Investment In Doubling Production Capacity Of Medgidia Plant 39% Completed
09.02.2024
Türkiye’s Tosmur Group, which owns the starch plant in Medgidia inaugurated in 2022, has reached 39% progress in implementing the doubling of... more
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Average Old And New Apartment Prices Up 17% YoY In August 2024
09.02.2024
Average sale prices of apartments, both old and new, increased by 17% in August compared with the year-ago month, the latest data from Storia, the... more
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Hidroelectrica Kicks Off Modernization Of Vaduri, Remeţi And Arcesti Hydroelectric Plants
09.02.2024
Hidroelectrica (H2O.RO), the largest electricity producer in Romania, has signed contracts with the consortium formed by Hidroserv and UCMH for the... more
The Ministry of Energy and the companies Reţele Electrice Muntenia, Reţele Electrice Banat and Reţele Electrice Dobrogea (part of
moreMore than 3,600 companies went insolvent in the first half of 2024, which translates into a 5.8% increase compared to the first six
moreRomania's energy ministry has signed 27 financing contracts worth a total RON138.2 million which target investments in the local
moreBucharest’s short-term rental market had a booming post-pandemic evolution considering that in 2023 alone, the industry generated
moreThe volume of real estate deals in Romania posted an 131% advance in the first half of this year, to EUR418 million, marking the
moreThe assets of open-end equity funds in Romania, which have three times fewer investors than bond and fixed income funds, increased by
moreRomania 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
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
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.