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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Preh Romania Expects EUR260M Revenue In 2024
01.17.2024
Automotive component manufacturer Preh Romania, a supplier for Porsche, Mercedes and Tesla, expects EUR260 million revenue this year, while the car... more
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Bittnet’s Dendrio Solutions Signs RON253M With Two Other Companies For Network Equipment Supply
01.17.2024
IT Group Bittnet (BNET.RO), an integrator of IT&C solutions and a provider of training services in the IT sector, has informed investors in a stock... more
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IMPACT Developer & Contractor Concludes Six Contracts Worth Over EUR40M With RCTI Company
01.17.2024
Real estate developer IMPACT Developer & Contractor (IMP.RO) announced in a stock market report on Wednesday (Jan. 17, 2024) that it signed six new... more
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Kastamonu Romania Expects Revenue To Be Flat In 2024
01.17.2024
Kastamonu Romania (formerly Prolemn), held by Turkey's Kastamonu Entegre, expects similar results to last year's for its wood processing plant in... more
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Latvia's Eleving Group Raises EUR10M Financing From ACP Credit For Business Expansion In Romania
01.17.2024
Latvia's Eleving Group, a global multi-brand fintech company operating in the vehicle and consumer financing business, has obtained an investment... more
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New EUR75M Investment Set To Begin At Tosmur Group’s Starch Factory In Medgidia
01.17.2024
The starch factory in Medgidia, which Turkey’s Tosmur Group opened in 2022, posted EUR98 million revenue in 2023 and is expecting a 10% increase... more
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5 to go Eyes 25% Turnover Increase In 2024, To EUR50M
01.17.2024
Local café network 5 to go aims to reach a total 650 units and a 25% annual increase in turnover, to EUR50 million, at the end of 2024. more
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Paval Family Drops Equiliant Capital, Focuses On Paval Holding Instead
01.17.2024
The Paval family, the owner of DIY retailer Dedeman, will drop investment fund Equiliant Capital launched in 2019, focusing instead on Paval... more
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eMAG Appoints Mircea Tomescu As Chief Marketing Officer for Romania, Hungary and Bulgaria
01.17.2024
eMAG has appointed Mircea Tomescu to the position of Chief Marketing Officer for Romania, Hungary, and Bulgaria. more
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eJobs: 4 Out Of 10 Jobs Posted In 2023 Targeted Entry-Level Candidates
01.17.2024
39.6% of the jobs posted in 2023 targeted entry-level candidates, namely, those with 0 to 2 years of experience, 28.4% were looking for candidates... more
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Wizz Air Resumes Flights To Tel Aviv
01.17.2024
Low-cost airline Wizz Air announces that it will resume operations on its routes from Bucharest and Budapest, Sofia, London, Krakow, Rome to Tel... more
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Energy Minister: Electricity Production Capacity Put Into Operation In Romania In 2023 Grows Nearly Tenfold vs 2022
01.17.2024
Romania’s new commissioned power plants included 496MW solar, 72MW wind and 56MW hydrocarbon, in 2023, totaling 624MW of installed power, new... more
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Forte Partners Gets LEED v4 Platinum Certification For U•Center 2 Project
01.17.2024
Forte Partners announces LEED v4 Platinum certification with a score of 88 to the second phase of the U•Center project following evaluation... more
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Dacia Sales Rise Almost 15% Globally in 2023 To 658,321 Units
01.17.2024
Renault group on Wednesday announced in its annual report that Dacia brand in 2023 registered total sales of 658,321 units globally, up 14.7%,... more
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Leoni Set to Hire 100 People at Bistrita Plant
01.17.2024
Automotive industry wiring producer Leoni Wiring Systems Ro, part of German group Leoni, currently has 100 jobs available at the Bistrita plant. more
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Apulum Seeks to Hire 50 People for Alba Iulia Plant
01.17.2024
Porcelain products manufacturer Apulum, one of IKEA’s suppliers, currently has 50 jobs available for the Alba Iulia plant. more
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Road Freight Carrier Trans SESE Seeks to Hire 130 Truck Drivers
01.17.2024
Road freight carrier Trans SESE, the local subsidiary of Spain’s SESE group, currently has 130 truck driver jobs available. more
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THR Marea Neagra Set To Take Out EUR4M Loan From Banca Transilvania
01.17.2024
Turism, Hoteluri, Restaurante Marea Neagra (EFO.RO), which manages several hotels and restaurants in Romanian seaside resorts, has called... 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.