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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2Performant Network Sees 9M 2023 Turnover Rise 36% 11.27.2023
Tech company 2Performant Network, the biggest player on the local affiliate marketing market, registered RON32.2 million turnover during the... more
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WDP Close to Taking Over Expo Market Doraly 11.27.2023
Belgium’s WDP is close to clinching the acquisition of Doraly, in line with real estate market data, in one of the biggest real estate deals on... more
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Production Expansion and Launch of New Products, Zentiva Romania’s Targets for Next 10 Years 11.27.2023
Zentiva Romania’s objectives for the next decade envisage expanding production at the two plants it owns in Bucharest and adding new products to... more
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GLS Romania 2022 Turnover Tops EUR70M 11.27.2023
GLS General Logistics Systems Romania, part of the group of the same name, controlled by Britain’s Royal Mail, in 2022 registered turnover worth... more
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Germany’s Optibelt Ends Jan-Sept with EUR51.7M Turnover 11.27.2023
Car parts producer Optibelt Power Transmission, the local subsidiary of Germay’s Anrtz Optibelt, in the first three quarter of 2023 posted... more
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Econergy Secures EUR60M Financing From Raiffeisen Bank International For Romanian Solar Energy Project 11.25.2023
Renewable energy company Econergy has secured EUR60 million in financing from Raiffeisen Bank International to help support its 155MW solar energy... more
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Agroland Business System Reports RON250M Turnover, RON5M Net Profit For Jan-Sept 2023 11.25.2023
Retail, agribusiness and food group Agroland Business System (AG.RO), which owns the largest farm supply store chain in Romania, ended the... more
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Three Romanian Companies Recognized In Deloitte 2023 Central Europe Technology Fast 50 11.24.2023
Redbee Software, DRUID and Questo are the Romanian technology companies included in the main category of the Deloitte 2023 Central Europe... more
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Tester Grup Completes Refurbishment Process Of Dacia – Renault – Nissan Service Center In Iasi, In EUR1.8M Investment 11.24.2023
Tester Grup, a car distributor in the region of Moldavia through Casa Auto, has completed the refurbishment process of the Dacia – Renault –... more
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George Agafitei Elected President Of Romanian Wind Energy Association 11.24.2023
The Romanian Wind Energy Association (RWEA) has appointed George Agafitei as its new president, effective November 23, 2023. more
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iHunt Switches To RON722,000 Loss In Jan-Sept 2023 From RON3.7M Net Profit In Year-Earlier Period 11.24.2023
iHunt Technology Import-Export, a supplier and manufacturer of mobile phones and gadgets, has announced a net loss of RON722,200 for the first nine... more
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ADAA Receives Excellence Award For Supporting Local Entrepreneurship 11.24.2023
The Association for the Development of Local Entrepreneurship (ADAA) has received the Award of Excellence for supporting local entrepreneurship,... more
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Life Is Hard Benefits From Issuer Market Maker Services Provided By BRK Financial Group 11.24.2023
Life Is Hard (LIH.RO), a technology company listed on the AeRO market of the Bucharest Stock Exchange (BVB) since 2015, will benefit from the... more
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International Alexander Set to Cross EUR300M Threshold in Turnover by Yearend 11.24.2023
Logistic and freight forwarding group International Alexander of Arad, Romanian-held, the biggest player on this market, will go beyond EUR300... more
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Stada EUR50M Drug Plant in Romania, 70% Completed 11.24.2023
Stada Romania, the subsidiary of the German group of the same name, has finalized around 70% of the over EUR50 million investment in a new drug... more
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Accor, First International Hotel Chain Due to Reach 20 Units in Romania by Yearend 11.24.2023
Accor, the biggest international hotel group active in Romania, will, by yearend, have 20 hotels under the brands part of its portfolio on Romania... more
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Wiener Privatklinik Hospital Partners Up With Nord Medical Group For Romanian Patients' Access To Services In Romania And Vienna 11.23.2023
Wiener Privatklinik Hospital, one of the largest private hospitals in Austria, has concluded a strategic partnership with Nord Medical Group... more
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Intertrade Group 2022 Turnover Up 44% YoY To RON161M 11.23.2023
Intertrade Group, a building company based in the town of Bacau and operating mostly in the infrastructure and industrial space sector, saw its... more
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Socep Constanta Raises RON9M Via Share Capital Increase 11.23.2023
Port operator Socep Constanta (SOCP.RO) has announced in a stock market report that it attracted RON9 million from investors during the capital... more
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Booking Holdings Center of Excellence Expands Office Space In Romania 11.23.2023
American group Booking Holdings, a global provider of online tourism services and related services, has announced the opening of a new office floor... more
The European Bank for Reconstruction and Development (EBRD) is lending EUR50 million to UniCredit Leasing Corporation to support micro,
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39% of respondents in Romania anticipate a significant drop in housing prices over the next six months, 27% expect a slight decrease,
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OMV Petrom, the largest integrated energy company in Southeast Europe, will build, in partnership with Complexul Energetic Oltenia (CE
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The European Commission (EC) sent letters of formal notice to Bulgaria, Ireland, Poland, and Romania for failing to notify their
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Romania has almost 142.000 employees in the local IT sector, of whom some 98,000 work in Bucharest, Cluj and Timis, according to Ziarul
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Fiscal 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
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Banks’s profitability will remain subdued over the next year, because of an unprecedented mix of factors including Russia’s
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Romania’s Energy Ministry on Monday (Oct 10) signed the first nine contracts funded through the Modernization Fund, in the amount of
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Survey: Romania Could Increase Its GDP By 10% Until 2050 By Boosting Savings
Romania 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.