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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Nuclearelectrica Places RON53.5M Term Deposit With Eximbank 06.27.2022
Nuclear power producer Nuclearelectrica (SNN.RO) placed with Romania’s import-export bank Eximbank a term deposit without extension in the amount... more
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Vimetco Extrusion, ALRO’s Downstream Subsidiary, Opens New Automatic Line For Aluminium Profiles In EUR10M Investment 06.27.2022
ALRO, one of the largest vertically integrated aluminium producers in Europe, measured by production capacity, announced on June 27 that Vimetco... more
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Medima Health Opens New Clinic In Braila In EUR1.5M Investment 06.27.2022
Medical operator Medima Health, specialized in medical imaging and radiology, has opened a medical imaging clinic in Braila following an investment... more
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Delgaz Grid To Invest EUR4.3M In Upgrade Works On Vicov Transformer Station 06.27.2022
Delgaz Grid, German utility group E.ON's natural gas and electricity distribution company in Romania, has attracted EUR2.4 million in EU funds from... more
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Dacia Plant Eyes RON70M Turnover In 2022 06.27.2022
Dacia Plant, which specializes in manufacturing food supplements and tea, overshot the RON50 million turnover mark in 2021 after a 24%... more
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Leier’s Four Romanian Plants Generate Combined Revenue Of RON286M In 2021 06.27.2022
The four building materials factories in Romania of Austrian Leier Group generated combined revenue of RON286 million in 2021. more
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US President Joe Biden Announces $14M Grant for Romania’s SMR Project 06.27.2022
US President Joe Biden at the G7 Leaders’ Summit on Monday announced allocation of a $14 million grant under the Partnership for Global... more
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Former Cisnadie Carpet Factory in Sibiu Turns into Retail Park 06.27.2022
Real estate developer Zacaria, part of international Alf Mizzi & Sons group, is to open a retail park in Cisnadie, Sibiu County, in the second half... more
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Farmaciei Tei Opens Its 7th Unit, In Bucharest's Metav Industrial Park 06.27.2022
Retail pharmacy chain Farmacia Tei, a business set up by entrepreneur Roxana Maftei, reaches seven units after opening a new pharmacy in northern... more
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Ericsson’s Romanian Division Reports Net Profit Of Nearly RON22M For 2021, Up 45% YoY 06.27.2022
The Romanian subsidiary of Sweden’s Ericsson, one of the world’s biggest suppliers of equipment, software and services for telecom operators,... more
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Photosetup Turnover Soars 63% In 2021, Overshoots RON12M Mark 06.27.2022
Simus Trading, the company operating photo and video equipment store Photosetup, saw its turnover surging by 63% in 2021 to RON12.1 million, in... more
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Siemens Energy Signs Lease For 7,500 Sqm Of Office Space In Phase 2 Of One Cotroceni Park Project 06.27.2022
Siemens Energy, one of the world’s leading energy technology companies, has signed a ten-year lease contract for 7,500 square meters of office... more
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CPI Property Takes Lead of Romania Office Space Market 06.25.2022
Czech-held CPI Property owns one third of the office space in Bucharest after having taken over more than half of Globalworth, the largest owner of... more
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Voxa Steps Into Moldovan Market 06.24.2022
Voxa, a Romanian streaming platform for audiobooks and e-books, is tapping into the market of the Republic of Moldova starting this summer, as part... more
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Latvia’s ELKO Reports Record Turnover Of $105M In Romania In 2021 06.24.2022
ELKO Romania, a company member of Latvia’s ELKO Group, one of the largest regional wholesalers of IT and consumer electronics products, had a... more
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Simtel Team To Install Over 10,000 Photovoltaic Panels On Buildings Of Carmistin Group 06.24.2022
Simtel Team (SMTL.RO), a Romanian engineering and technology company, announced on Friday (June 24) the signing of a partnership with Axell Green... more
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Roshen One Makes EUR34M Revenue from Selling Chocolate in Romania 06.24.2022
Roshen One, part of the international group in the chocolate sector Roshen of Ukrainian billionaire Petro Poroshenko, posted RON167.9 million (some... more
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MedLife Fully Acquires Medicris Oradea Group 06.24.2022
MedLife, the leader of the private medical services market in Romania, announced on Friday (June 24) the acquisition of the full package of shares... more
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MG TEC Industry Exports 60% Of Paper Production 06.24.2022
Tissue paper manufacturer MG TEC Industry, based in Dej and founded in 2018 by entrepreneur Vasile Hasmasan, distributes 60% of its products to... more
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Burger King Romania’s Turnover More Than Doubles YoY To RON54M In 2021 06.24.2022
US Burger King group, one of the most famous fast-food chains in the world, reported a turnover of RON54 million in 2021 in Romania, more than... more
Real estate investments in Romania neared EUR900 million in 2021, with over a third of the amount transacted being recorded in the last
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The Romanian equity of Germany’s group Metro is valued at EUR225 million, in line with data presented in a company report.
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One United Properties (ONE.RO), one of the leading green developers of residential, mixed-use and office real estate in Romania, has
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House prices per square meter in Romania are undervalued by almost 30% compared to house prices on other real estate markets in Europe,
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Five new companies listed on the Bucharest Stock Exchange will be included in the FTSE Russell index series dedicated to Emerging
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Bistrita-based Datacor plans to develop greenfield-type photovoltaic projects in Transylvania, with total 50MW capacity, as the system
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CTP, the biggest developer and manager of industrial and logistics space in Romania, has over 270,000 square meters under construction
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Ford’s assembly facility in Craiova has produced one million vehicles between 2009 and 2021, in the amount of EUR18 billion, of which
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Poland’s group CCC is bringing in Romania in 2022 the HalfPrice brand, which will operate on the fashion outlet segment, according to
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What Chances Do Romanian Entrepreneurial Companies Stand to Become “Multinationals of the East”?
A rising number of companies, not just from the tech field, are exporting their business model abroad, gaining new markets and strengthening their operations, acting as genuine “multinationals” of the East. Is this concept functional at present and can it be used in any field?