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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eVote Unveils Record Number Of 1,300 Investors At General Shareholders Meeting Of Fondul Proprietatea
09.30.2024
Romanian start-up eVOTE, an online participation and voting platform in the General Shareholders’ Meeting, run by investor Mihai Chisu, on Monday... more
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Competition Council OKs Acquisition Of Three Companies By OMV Petrom
09.30.2024
Romania's Competition Council approved the transaction through which OMV Petrom S.A. had taken over the companies Intertrans Karla SRL,... more
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NEPI Rockcastle Acquires Polish Magnolia Park Shopping Center From Union Investment For EUR373M
09.30.2024
NEPI Rockcastle, the largest owner, developer and manager of shopping centers in Central and Eastern Europe and the largest shopping mall owner in... more
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Ascendis Group Takes Over Cariere And HR Manager Magazines For RON1.5M
09.30.2024
Ascendis Group, the largest training and consulting company in the field of organizational development in Romania and the Republic of Moldova, has... more
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PwC Romania Promotes Daniel Anghel To Country Managing Partner As Of Oct 1
09.30.2024
PwC Romania has promoted Daniel Anghel to the position of Country Managing Partner, starting October 1, 2024. more
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CliftonLarsonAllen (CLA) Enters Romania by Acquiring Nexia CRG
09.30.2024
CLA Global Limited, a major international network of independent consulting and audit firms headquartered in London, has arrived in Romania by... more
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Life Group Invests over EUR1M in Two New Life Dental Spa Clinics in Bucharest and Timisoara
09.30.2024
Life Group, the brand under which dental clinics Life Dental Spa and VivoDental operate, has recently opened a kids’ dental center in... more
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Grup Serban Holding Almost Doubles Profit in H1/2024 To RON11M
09.30.2024
Entrepreneurial company Grup Serban Holding, active in several fields of agriculture, in the first six months of 2024 registered RON11 million net... more
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OMV Petrom Completes Acquisition of Photovoltaic Projects from Danish Company Jantzen Renewables
09.30.2024
OMV Petrom, the largest integrated energy producer in Southeastern Europe, has finalized the acquisition of several photovoltaic parks from Danish... more
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Belis-Fantanele Compound to Reopen under Hampton by Hilton Brand in 2026 after One Year Delay
09.30.2024
Belis-Fantanele compound of Cluj county will reopen in the second half of 2026 under the Hampton by Hilton brand, the representatives of... more
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JT Grup Oil Reports RON109M Turnover And RON2.6M Net Profit For H1/2024
09.27.2024
Fuel wholesaler JT Grup Oil (stock symbol: GTG) had a turnover of RON108.8 million in the first half of 2024, slightly higher than the level... more
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Transgaz Gets New Funding For Strategic Projects; Invests EUR8.5M To Supply Isalnita And Turceni Power Plants
09.27.2024
Romania’s state-run natural gas transmission company Transgaz (stock symbol: TGN) notified the Bucharest Stock Exchange in a report about the... more
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SelfPay Reports RON14M Net Profit For 1H/2024, Almost Threefold Higher YoY
09.27.2024
SelfPay, which owns the largest network of self-service payment terminals in Romania, with over 11,200 payment stations, has announced in its... more
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Leroy Merlin Owners Won’t Comment On Talks With Kingfisher Over Brico Dépôt
09.27.2024
The officials of France-based ADEO Group, held by the Mulliez family, which owns Leroy Merlin in Romania, will not comment on the information about... more
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Damen Galati Shipyard To Build Two Electric Ferries For Canada
09.27.2024
Damen has signed a contract with the City of Toronto (Canada) for the delivery of two ferries that will carry passengers and vehicles between the... more
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Transelectrica Signs New EUR64M Contract With Energy Ministry
09.27.2024
National grid operator Transelectrica (TEL.RO) notified the Bucharest Stock Exchange about the signing with the Energy Ministry of a new financing... more
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UK’s Kingfisher In Talks To Sell Brico Dépôt In Romania
09.27.2024
UK’s Kingfisher Group, which owns DIY retailer Brico Dépôt in Romania, is in talks to sell the operations in the country, market sources told ZF. more
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Norofert Reports RON1.8M Net Profit in H12024, Down 40% vs H1/2023
09.27.2024
Norofert, a producer of organic farm inputs and provider of biotechnology for agriculture in Romania, ended H1/2024 with a RON1.8 million net... more
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Romanian Startup Aysa.ai Launches Adverlink.net Solution
09.27.2024
Romanian startup Aysa.ai, a search engine optimization software dedicated to the e-commerce industry, has recently launched a new solution, called... more
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Pluria Boasts Strong Expansion in Latin America
09.27.2024
Romanian startup Pluria, which in 2020 launched a platform via which company employees have access to flexible workspaces, adapted to the new... more
The Ministry of Energy and the companies Reţele Electrice Muntenia, Reţele Electrice Banat and Reţele Electrice Dobrogea (part of
moreMore than 3,600 companies went insolvent in the first half of 2024, which translates into a 5.8% increase compared to the first six
moreRomania's energy ministry has signed 27 financing contracts worth a total RON138.2 million which target investments in the local
moreBucharest’s short-term rental market had a booming post-pandemic evolution considering that in 2023 alone, the industry generated
moreThe volume of real estate deals in Romania posted an 131% advance in the first half of this year, to EUR418 million, marking the
moreThe assets of open-end equity funds in Romania, which have three times fewer investors than bond and fixed income funds, increased by
moreRomania smartphone market is expected to be flat at around 3.5-3.6 million units this year as in recent years there’s been a downward
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
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.