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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Local Transport Arm of Spain’s SESE Seeks to Hire 177 Truck Drivers
11.22.2023
Road freight carrier Trans SESE, headquartered in Cluj-Napoca, the local subsidiary of Spanish group SESE, seeks to hire 177 drivers for road... more
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Moldova Farming Reports 48% Turnover Growth in 2022
11.22.2023
Bacau-based Moldova Farming, a grain farming and agricultural input distribution business, controlled by entrepreneur Catalin Grigoriu and Paval... more
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Benchmark Electronics Romania Switches to Profit in 2022
11.22.2023
Benchmark Electronics Romania, specializing in electronic equipment production, in 2022 generated turnover worth RON794.6 million (EUR161.1... more
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Grain Trader Agro Oil Service Sees 2022 Turnover Go Up by 15.3% To RON281.2M
11.22.2023
Agro Oil Service for 2022 reported turnover worth RON281.2 million (EUR57 million), up 15.3% from 2021, in line with ZF calculations based on... more
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Germany’s Mahle Reaches EUR188M Turnover in 2022 with Timisoara Car Parts Plant
11.22.2023
Mahle Componente de Motor, the local subsidiary of Germany’s Mahle, for 2022 reported turnover worth RON927 million (EUR188 million), up 11.7%... more
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Perla Harghitei and Apemin Tusnad Group Has over EUR49M Multiannual Investments Underway
11.22.2023
Perla Harghitei and Apemin Tusnad group is currently carrying out multiannual investments worth above EUR49 million, out of which EUR40 million are... more
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Sales Of Tractors And Combines Down 23% And 17% In Jan-Oct 2023
11.22.2023
Romania’s tractor and combine market, which shows the prosperity of the agricultural sector, saw a 23% decline in the sales of tractors and 17%... more
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Socar Petroleum Joins Race To Build Bitumen Terminal In Constanta Port In Partnership With Oil Terminal
11.22.2023
Socar Petroleum SA, a subsidiary of SOCAR (The State Oil Company of Azerbaijan Republic), has joined the race of companies interested in the... more
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Builder Taffo 2022 Turnover Up 45% YoY To Over RON93M
11.22.2023
Taffo, a Baia Mare-based building company owned by three shareholders, reported a turnover of over RON93 million (EUR18.9 million) for 2022, up... more
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Benvenuti Reports RON122M Turnover For Jan-Sept 2023; Eyes 10-15% Increase By Year-End
11.22.2023
Footwear retailer Benvenuti, held by local entrepreneur Dan Pavel, had a turnover of over RON122 million (EUR24.6 million) in January-September... more
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eMAG Opens Toys Shop, The Fifth Online Shop-In-Shop Dedicated To Toys And Games
11.22.2023
Online retailer eMAG is launching the fifth online shop-in-shop which is dedicated to games and toys and groups more than 250,000 products from the... more
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LSD Group Leases 1,200 Sqm Of Office Space In Bucharest's Globalworth Plaza Project
11.22.2023
Globalworth, the leading office investor in Central and Eastern Europe (CEE), has signed a lease agreement for Globalworth Plaza with LSD Group, a... more
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Dacia CEO Denis Le Vot: Production Headed To Over 660,000 Cars In 2023
11.21.2023
Dacia generates profit and revenue for Renault Group and it is even more important now that Renault and Nissan renegotiated their partnership... more
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tbi bank: Seven In Ten Romanians Wish To Contract A Personal Need Loan Of RON10,000 To RON30,000
11.21.2023
Personal need loans remain among the most sought-after banking services, with almost 70% of Romanians saying they want this type of loan and over... more
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Two Romanian Startups Among Top Five Regional Solutions In BASF Innovation Hub Competition
11.21.2023
Romanian startups 3D Printing Hub and Peelhy qualified among top five regional solutions of BASF Innovation Hub, pitch competition for sustainable... more
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Banca Comerciala Romana Launches BCR Seed Starter To Invest In Local Tech Startups
11.21.2023
Banca Comerciala Romana (BCR) has launched BCR Seed Starter, a fully owned subsidiary and the first corporate venture capital company (CVC)... more
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Telekom Romania Mobile Confirms What ZF Reported On – Talks To Sell To Clever Media Owner Adrian Tomsa
11.21.2023
Telekom Romania Mobile, part of Greece’s OTE Group, on Tuesday morning surprisingly confirmed that it was in talks to sell to local entrepreneur... more
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Romcarbon Signs Financing Contract With Education Ministry For Dual Education Project
11.21.2023
Plastic packaging maker Romcarbon (ROCE.RO) has signed with the Ministry of Education a financing contract related to the de minimis aid, in the... more
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INVL Renewable Energy Fund I Signs EUR25M Loan Agreement With Kommunalkredit Austria For Construction Of Solar Parks In Romania
11.21.2023
INVL Renewable Energy Fund I, a fund that invests in renewable energy projects and is managed by INVL Asset Management, has signed an agreement... more
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Turkish Womenswear Brand Jimmy Key Set to Open Second Store in Romania on December 8 in Bucharest’s AFI Cotroceni Shopping Center
11.21.2023
Turkey’s Jimmy Key, with an over 30-year experience in womenswear, will open its second store of Romania on December 8 in Bucharest’s AFI... 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.