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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Orange Business Internet Security 2023 Report Unveils Most Common Cyber Attacks On Romanian Market 11.23.2023
Orange Business has released the new Business Internet Security 2023 report, providing a detailed overview of cybersecurity challenges in the past... more
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C&W Echinox: Bucharest's Calea Victoriei Ranks 40th Among World’s 50 Most Expensive Shopping Streets 11.23.2023
Romania’s capital city Bucharest has kept its 40th spot in 2023 too in a ranking of the world’s 50 most expensive shopping streets, with Calea... more
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PepsiCo Appoints Mihaela Hristea As Senior Marketing Manager Beverages 11.23.2023
PepsiCo, one of the leading players on the snacks and beverages market, has appointed Mihaela Hristea to the position of Senior Marketing Manager... more
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Genesis Property Completes Phase 2 Of YUNITY Park Project 11.23.2023
Genesis Property has announced the completion of works on Phase 2 of the YUNITY Park project following an investment of EUR20 million. more
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OMV Petrom To Acquire 50% Stake In “Respira Verde” 11.23.2023
OMV Petrom, the largest integrated energy company in Southeastern Europe, has signed an agreement to purchase 50% of the shares of the Romanian... more
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Energy Ministry Signs 15 Contracts For Investments In New Electricity Production Capacities From Renewables 11.23.2023
The Ministry of Energy has signed 15 contracts for investments in new electricity production capacities from renewable sources, through the... more
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Prospectiuni Bucuresti Reports 166% Profit Growth, 54% Higher Turnover for Jan-Sept 2023 11.23.2023
Geological prospecting company Prospectiuni Bucuresti, majority owned by businessman Ovidiu Tender, ended the first three quarters of 2023 with... more
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Holde Agri Invest Turns to RON23M Loss in Jan-Sept 2023 11.23.2023
Farmland operator Holde Agri Invest reported RON22.87 million for the first nine months of 2023, against RON430,000 profit on September 20222, an... more
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Alro Set to Implement Two $4.2M Investment Projects To Boost Product Quality Control Capacity 11.23.2023
Alro Slatina, one of the largest vertically integrated aluminum producers in Europe, measured by production capacity, is implementing two... more
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Beverage Producer Merlins Seals International Partnership 11.23.2023
Eduard Alexianu, commercial manager at Merlins Beverages, the producer of Vitamin Aqua and Limonade, says the company has sealed an international... more
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Bento Sees Jan-Sept 2023 Revenues Double, Profit Soar by 250% 11.23.2023
2B Intelligent Soft (BENTO.RO), a Romanian entrepreneurial company specializing in development and implementation of software solutions and the... more
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Transilvania Investments Alliance Exits Shareholding Structure Of Sphera Franchise Group 11.23.2023
Financial investment company Transilvania Investments Alliance (TRANSI, the former SIF Transilvania) has sold its ownership stake in Sphera... more
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Romania Smartphone Market To Reach Almost EUR1.5B In 2023, Up 8% On 2022
11.22.2023
Smartphone sales in Romania will reach almost EUR1.5 billion at the end of 2023, an increase of some 8% on 2022, while the volume will continue to... more
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Anchor Grup’s Retail Portfolio Shows Growth In Q4/2023 11.22.2023
Anchor Grup, one of the most important real estate developers on the local market, announces new names in its retail portfolio, in both shopping... more
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Boromir Expects EUR160M Revenue In 2023 11.22.2023
Industrial bakery business Boromir expects to end 2023 with EUR160 million revenue. However, it seeks fast-paced growth in the future, to reach the... more
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Survey: 56% Of Employees In Romania Plan To Change Their Jobs In 2024 11.22.2023
56% of respondents in the latest eJobs survey plan a job change in 2024, 17% are undecided, while 27% are satisfied with their current job and are... more
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Evergent Investments Reduced its Holdings In Romgaz And Nuclearelectrica In Q3/2023 11.22.2023
Alternative investment fund Evergent Investments (EVER.RO), with a market value of RON1.2 billion and net assets of RON2.5 billion, reduced its... more
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Adrian Tomsa About Talks With Telekom Romania Mobile: We Want To Develop Strong Brand For Local Customers 11.22.2023
Entrepreneur Adrian Tomsa, who leads a group of investors negotiating the takeover of mobile telephony operator Telekom Romania Mobile from... more
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Authority For Digitization Of Romania Selects Bittnet As Partner For Professional IT Training 11.22.2023
Bittnet Systems has announced that the Education pillar of Bittnet Group has been chosen as one of the partners of the Authority for Digitization... more
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Agroland Agribusiness Reports RON46M Revenues at End-September, Down 10% 11.22.2023
Agroland Agribusiness, a Romanian entrepreneurial company, part of Agroland group, specialized in the sale of farming inputs, registered RON46.3... 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.