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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Synevo Romania Sees 40% Growth in Revenue to RON447M in 2021 06.23.2022
Synevo Romania, the largest player in the medical laboratory market, posted RON447 million revenue in 2021, up 40% compared with the previous year,... more
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Raffaello Shoes Factory Sees Net Profit Growing Tenfold In 2021 To Over RON7M 06.23.2022
Raffaello Shoes Factory, the largest footwear manufacturer in Romania, held by Italy’s Grisport, reported for 2021 a net profit of nearly RON7.3... more
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Furniture Maker Lemet Investments Reach EUR7M In H1 06.23.2022
LEMET, one of the largest local furniture manufacturers in Romania, has invested more than EUR7 million in the construction of new production... more
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OMV Petrom Starts Production Of Sustainable Aviation Fuel At Petrobrazi 06.23.2022
OMV Petrom, the largest integrated energy company in Southeastern Europe, will produce sustainable aviation fuel at the Petrobrazi refinery by... more
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Beltrame Group Starts Rebar Production After Acquisition Of COS Targoviste 06.23.2022
After the acquisition of COS Targoviste in March this year, AFV Beltrame Group, one of the largest producers of steel bars and special steels in... more
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Cristian Secosan Re-appointed For New Term As Head Of Foreign Investors Council 06.23.2022
Cristian Secosan, General Director of Delgaz Grid Romania, was re-elected for a new term as president of the Foreign Investors Council (FIC). more
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Softbinator Technologies Fully Acquires E-spres-oh 06.23.2022
Softbinator Technologies, a Romanian software company founded by Daniel Ilinca, on Thursday announced the conclusion of a sale-purchase agreement... more
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Bicycle Maker Eurosport DHS Posts EUR79M Revenue in 2021 06.23.2022
Bicycle manufacturer Eurosport DHS, controlled by Chinese and German investors, posted RON388.6 million (EUR79 million) revenue in 2021, up 16%... more
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AROBS Transilvania Sets Off Share Buyback Program Worth RON32.8M Tops 06.23.2022
The management of technology company AROBS Transilvania Software (AROBS.RO) on Thursday (June 23) informed the market about the start of the... more
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ING Bank Granted Over EUR25M Investment Loans To Boromir Group In Last Three Years 06.23.2022
ING Bank Romania has granted investment loans worth over EUR25 million over the last three years to Boromir, the largest Romanian-held business in... more
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Nuclearelectrica Makes Nearly RON400M Term Deposit With CEC Bank 06.23.2022
Nuclear power producer Nuclearelectrica (SNN.RO) placed with state-run lender CEC BANK a term deposit in the amount of RON393.35 million, the... more
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Poland’s Asseco Acquires Romanian Company Bithat Solutions 06.23.2022
ASEE, the largest IT company in Southeast Europe (SEE), part of ASEE Group (Asseco Group) is acquiring Romanian company Bithat Solutions, which... more
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Wine Producer Crama La Salina Lists Its First Bond Issue Worth EUR2M 06.23.2022
Wine producer Crama La Salina is listing its first bond issue, worth EUR2 million, under the stock ticker ISSA26E, on the Multilateral Trading... more
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Vodafone Kicks Off Business Repositioning Plan 06.23.2022
Vodafone, a major player on Romania’s fixed and mobile communications market, has started a business model redesign program, which envisages the... more
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France’s Lagardère Travel Retail Plans to Open 30 New Stores in Romania By Yearend 06.23.2022
French group Lagardère, present in Romania via Travel Retail, Lagardère Travel Retail, active in the travel retail sector, plans to open 30 new... more
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Apcom Distribution, Sole Apple Authorized Distributor in Romania, Sees Turnover Boom in 2021 06.23.2022
One of the oldest companies present on Romania’s IT market, Apcom IT Distribution, previously operating under the name of IRIS, which stands out... more
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Albalact 2021 Turnover Up 11% To RON848M YOY 06.23.2022
Albalact, the largest company in Romania’s dairy sector and part of Lactalis Romania group, in 2021 reached RON848.7 million turnover, up 11%... more
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Four-Star Nyota Hotel of Mamaia Projects 10% Turnover Growth in 2022 06.23.2022
Four-star Nyota Hotel & Conference Center of Mamaia, with a capacity of 73 accommodation places, has budgeted 10% higher turnover for this year. more
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MedLife Micromedica Set to Open EUR1.8M Clinic in Bacau 06.23.2022
Micromedica, set up in 1995 and taken over in 2019 by MedLife, the biggest player on Romania’s private healthcare market, plans to open a clinic... more
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AAylex One Expects to Overshoot RON1B Revenue Mark in 2022 06.22.2022
Meat industry company AAylex One expects RON1.3 billion revenue in 2022, 53% more than in 2021. 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?