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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Bankrupt Wire Plant Dan Steel Group Finds Buyer
01.26.2024
Bankrupt wire factory Dan Steel Group Beclean, one of the most important companies in the Romanian metallurgical industry, has been sold in a... more
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Eldrive Holding Set to Install 4,376 EV Charging Stations in Romania
01.26.2024
The European Investment Bank has sealed a EUR40 million loan agreement with Austria’s Eldrive Holding, controlled by Bulgarian investors, for the... more
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DIY Retailer Leroy Merlin Sees Turnover Rise 3% in 2023 YOY
01.26.2024
Leroy Merlin, the second largest DIY retailer locally by turnover, in 2023 boosted turnover by 3% against 2022. more
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Cristian Erbasu Operates EUR12M Investments in 2023
01.26.2024
Constructii Erbasu, a company owned by entrepreneur Cristian Erbasu, in 2023 earmarked around EUR12 million for investments, with part of the money... more
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ASA CONS Targets EUR30M Turnover, EUR1M Investments In 2024
01.25.2024
Romanian precast concrete product manufacturer ASA CONS, based in Turda, has budgeted a turnover of almost EUR30 million and investments of EUR1... more
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Cluj-Napoca Airport Traffic Triples Between 2013 And 2023
01.25.2024
“Avram Iancu” International Airport in Cluj, Romania’s second largest, ended last year with 3.24 million passenger traffic, an increase of... more
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Romcarbon Buzau Sells 20,000 Hidroelectrica Shares For RON2.4M
01.25.2024
Plastic packaging maker Romcarbon (ROCE.RO) has announced in a stock market report on Thursday (Jan. 25, 2024) that it sold 20,000 shares of green... more
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Antibiotice Iasi Calls Shareholders To Approve Contracting RON35M Credit Facility From Banca Transilvania
01.25.2024
The Board of Directors of pharmaceutical manufacturer Antibiotice Iasi (ATB.RO) announced in a stock market report on Thursday (Jan. 25, 2024) that... more
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Vrancart To Increase Its Share Capital By RON32M
01.25.2024
Corrugated cardboard manufacturer Vrancart Adjud (VNC.RO) has received the shareholders' approval to increase its share capital by RON31.9 million. more
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Bookstore Chain Carturesti Ends 2023 With EUR75M Sales
01.25.2024
Bookstore chain Carturesti ended last year with EUR75 million sales, an increase of 25% on the EUR60 million of 2022, its officials said. more
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Securitas Relocates Its Offices To @Expo Office Compound
01.25.2024
Securitas, a global leader in security services, relocated its offices in Romania to @Expo office complex developed by Atenor in the Expozitiei... more
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EY: Decline In Female Appointments To European Financial Boards In 2023
01.25.2024
Appointments of female board directors to Europe’s largest financial services firms declined seven percentage points year-on-year, as per the... more
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M&A 2023/2024 Report: Emerging Europe Continues To Show Resilience Amid Challenges
01.25.2024
Findings from the latest CMS Emerging Europe M&A 2023/24 report, released on Jan. 25 in cooperation with EMIS, show the resilience of the... more
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Spectral Mobila Invests RON8.5M in Building over 3,500-Sqm Logistic Center in Vaslui
01.25.2024
Furniture producer Spectral Mobila has started building a logistic center near the plant it owns in Tutova, Vaslui county. more
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Randstad Workmonitor 2024: Work-Life Balance, as Important as Wages for Romanian Employees
01.25.2024
The balance between professional and personal life has become as important as wages for Romanian employees and just half of them believe a... more
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Eversted Set to Manufacture Hygiene Products
01.25.2024
Eversted, the brand under which an air filter plant, as well as a mask one operate in Prahova county, will also develop starting 2024 on the... more
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Nuclearelectrica Expects RON1.3B Net Profit in 2024, Down 48% Vs 2023 amid RON4.7B Revenues, 42% Lower
01.25.2024
Nuclear power producer Nuclearelectrica has for 2024 budgeted RON1.3 billion net profit, down 47.8% from 2023, amid total revenues of RON4.66... more
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Several Milk Coops Launch Own Brand, Naturlact
01.25.2024
Several cooperatives part of BOVICOOP, which bring together over 17 cooperatives with a number of over 600 farmers of Transylvania, have launched... more
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Sipex Wants to Build Plant in Aricestii Ahtivani
01.25.2024
Building materials wholesaler Sipex intends to open its own plant, with non-reimbursable funds as the funding source. more
The European Bank for Reconstruction and Development (EBRD) is lending EUR50 million to UniCredit Leasing Corporation to support micro,
more39% of respondents in Romania anticipate a significant drop in housing prices over the next six months, 27% expect a slight decrease,
moreOMV Petrom, the largest integrated energy company in Southeast Europe, will build, in partnership with Complexul Energetic Oltenia (CE
moreThe European Commission (EC) sent letters of formal notice to Bulgaria, Ireland, Poland, and Romania for failing to notify their
moreRomania has almost 142.000 employees in the local IT sector, of whom some 98,000 work in Bucharest, Cluj and Timis, according to Ziarul
moreFiscal 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
moreBanks’s profitability will remain subdued over the next year, because of an unprecedented mix of factors including Russia’s
moreRomania’s Energy Ministry on Monday (Oct 10) signed the first nine contracts funded through the Modernization Fund, in the amount of
moreAnalysis
Survey: Romania Could Increase Its GDP By 10% Until 2050 By Boosting SavingsRomania 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.