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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One United Properties Gets EUR50M From Black Sea Trade Bank To Finalize One Tower Office Building 02.16.2021
One United Properties, a real estate developer held by Victor Capitanu and Andrei Diaconescu, has obtained financing of EUR50 million from the... more
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Nuclearelectrica Has RON632M Deposits With CEC Bank 02.16.2021
Romania's nuclear power producer Nuclearelectrica (SNN.RO) on Tuesday informed its shareholders and investors that it had placed with lender CEC... more
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Logistics Company Maracana Leases 5,000 Sqm In MLP Bucharest West 02.16.2021
Transport and logistics operator Maracana has rented 5,000 square meters of logistic space within the MLP Bucharest West logistics park developed... more
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Central Bank: Romanians Spent EUR2.6B On Vacations Abroad In 2020 02.16.2021
Romanians spent nearly EUR2.6 billion on vacations abroad in 2020, which is half the amount spent in 2019, according to central bank data. more
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Biofarm Net Profit Up 7.2% To RON54M, Sales Revenue Up 8% To RON218M YoY In 2020 02.16.2021
Biofarm Bucuresti (BIO.RO), one of the leading drugmakers in Romania, ended 2020 with a net profit of RON54.5 million, up 7.2% versus 2019, while... more
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Developer Iulius Group Sets Aside 25% of Palas Iasi Expansion for Local Entrepreneurs 02.16.2021
Real estate developer Iulius Group of businessman Iulian Dascalu will allocate 25% of the 6,000 square meter retail space expansion of Palas Iasi... more
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Medicover Revenues in Romania Grow 7.5% in 2020, to EUR128M 02.15.2021
Swedish-held private medical service provider Medicover, present in Romania through Medicover clinics and the Synevo laboratory division, on Monday... more
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Alfredo Seafood Owners Enter Logistics Market 02.15.2021
Alfredo Seafood owners, the local Darmanescu family, have entered the controlled temperature logistics market with Frigonet Logistics in 2020, with... more
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Chimcomplex To Sell 189.5 Million Shares for RON356M to Raise Share Capital 02.15.2021
Chemical producer Chimcomplex Borzesti (CHOB.RO), which owns the Oltchim and Borzesti platforms, said Monday just 0.2% of new shares issued for a... more
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Romanian Game Developer Firebyte Games Raises RON4.93M in Private Placement 02.15.2021
Mobile game developer Firebyte Games on Monday closed a private placement of shares in a share capital hike, raising RON4.93 million, BRK Financial... more
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Alro Slatina Reconfirms Genoveva Nastase as CFO 02.15.2021
Shareholders of aluminum producer Alro Slatina (ALR.RO) onm Monday reconfirmed Genoveva Nastase in the position of company financial manager for a... more
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EY: Business Leaders See Return to Pre-Pandemic Profitability in 2021-2022 02.15.2021
Business leaders worldwide expect a return to pre-pandemic levels of profitability in 2021 (23%) or 2022 (44%), marking improved sentiment compared... more
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Fan Courier Turnover Grows 27% in 2020, Tops RON1B Mark 02.15.2021
FAN Courier, the leading courier services company in Romania, said Monday its turnover grew 27% in 2020, topping the RON1 billion mark, as the... more
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TeraPlast Cashes in on Steel Division Sale on Feb 26 02.15.2021
Romanian construction material producer TeraPlast said Monday it will close the sale of its steel division to Kingspan Group on February 26 after... more
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Milluu Seeks To Raise EUR785,000 To Fund Expansion 02.15.2021
Startup Milluu, which developed a home renting app, seeks to raise EUR785,000 in a new financing round to fund growth on the local market and... more
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iHunt Profit Grows Ten Times in 2020, to RON6M 02.15.2021
Online retailer and manufacturer of mobile phones and gadgets iHunt Ploiesti (HUNT.RO) on Monday reported a net profit of RON6.15 million for 2020,... more
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2Performant Seeks to Raise RON5M Financing 02.15.2021
Romanian technology company 2Performant Network (2P.RO), the leader of the Romanian affiliate marketing market, seeks to raise RON5 million from... more
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Cubix Hotel in Brasov to Join Mercure Franchise 02.15.2021
The Cubix hotel in Brasov, central Romania, will join the Mercure network under a franchise agreement with French group Accor. more
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Transelectrica Net Profit Grows 18% in 2020, to RON114M 02.15.2021
Romanian state-owned power grid operator Transelectrica (TEL.RO) on Monday reported a net profit of RON114 million for 2020, up 18% on the year. more
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Preh Romania Expects 13% Rise in Revenue to EUR257M in 2021 02.15.2021
Automotive component manufacturer Preh Romania, a supplier of Porsche, Mercedes, Audi and BMW, has budgeted EUR257 million revenue for 2021, an... more
FAN Courier, the leading courier services company in Romania, expects to end the year with a turnover of EUR205 million – close to
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Swedish real estate developer Skanska has sold office buildings Campus 6.2 and Campus 6.3 in Bucharest to Austrian developer S Immo,
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SoftOne Romania, a member of Greek investment group Olympia, continues its expansion by acquiring Orosimo Software, a software
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TeraPlast, the parent-company of TeraPlast Group, announced Friday the sale of its window profiles business to Dynamic Selling Group, a
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U.S. automaker Tesla is in a straight line with the opening of a center in capital city Bucharest and, for starters, it seeks to employ
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Romania plans to invest over EUR22 billion in its energy sector in the next ten years, according to the country's draft energy strategy
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Romania will sign a financing agreement totaling $8 billion with the United States for the refurbishment of one nuclear reactor and the
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The European Commission said Monday it has approved, under EU State aid rules, a RON21.3 million (approximately EUR4.4 million)
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DCS Plus, Druid and Tremend are the Romanian companies recognized in the Deloitte 2020 Central Europe Technology Fast 50 program in the
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Pet food and other care product sales will increase by 13% to almost 3 billion lei this year, data provided by market research company
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Romania’s Automotive Industry Loses EUR5B in Revenue Due to Production Halt in Spring
The revenue of Romania’s automotive industry shrank by 15% from more than EUR30 billion in 2019 to some EUR25 billion this year, data from Romania’s carmaker association ACAROM shows.
