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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Camicna Development Unveils EUR25M In Residential Project In Northern Bucharest 06.21.2022
Romanian real estate developer Camicna Development is set to invest EUR25 million in a residential project with 51 apartments near Baneasa forest... more
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MedLife Buys Medici’s Clinics In Timisoara 06.21.2022
MedLife, the leader of the private medical services market in Romania on Tuesday (June 21) announced the signing of the acquisition for 80% of the... more
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Digi Communications Gets 5G Spectrum Frequency User Rights in Belgium 06.21.2022
Telecommunications operator Digi Communications (DIGI.RO) announced that Citymesh Mobile, a joint venture where the Romanian subsidiary of Digi and... more
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Bonds Issued By Crama La Salina Start Trading On Multilateral Trading System On June 23 06.21.2022
The Bucharest Stock Exchange on Tuesday said the bonds issued by Crama La Salina, in the amount of EUR2 million, will start trading on the... more
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Aquila Shares Included In FTSE Russell Indices Dedicated To Emerging Markets 06.21.2022
The shares of Romanian fast-moving consumer goods (FMCG) distributor Aquila Part Prod (AQ.RO) will be included in the FTSE Russell indices... more
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Profluo Gets First Client from Abroad; Set to Launch Platform Internationally 06.21.2022
Startup Profluo, which builds machine learning technology for the automatic processing of accounting documents, has attracted its first client from... more
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Smart Diesel Arad 2021 Turnover Tops RON1.5B, Up 6% YOY 06.21.2022
Arad-based Smart Diesel, founded by Romanian entrepreneurs Ovidiu Andries and Daniel Imbre and taken over in late 2020 by Germany’s DKV, for 2021... more
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Alka Aims for RON329.8M Turnover in 2022, Up 17% from 2021 06.21.2022
Alka Trading Co, the biggest company part of Alka group, a producer of croissants, biscuits and wafers, has budgeted RON329.8 million turnover for... more
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Furniture Manufacturer ADA Sees 2021 Turnover Rise by 13.5% in 2021, To Over RON108M 06.21.2022
ADA Fabrica de Mobila, one of the ten largest furniture producers in Romania, for 2021 reported turnover worth around RON208.3 million (EUR42.3... more
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Europharm Holding Hits RON778M Turnover in 2021, Up 12.4% YOY 06.21.2022
Pharmaceutical wholesaler Europharm Holding, a major player on Romania’s market, for 2021 reported turnover worth RON778.4 million (EUR158.2... more
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Iaki Hotel 2021 Turnover Up 31% To RON17.2M YOY 06.21.2022
The 4-star Iaki hotel in Romania’s seaside resort Mamaia, owned by former soccer international Gheorghe Hagi, posted RON17.2 million turnover... more
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Photon Energy Takes Steps Toward Own Portfolio of Solar Energy Projects in Romania 06.21.2022
Whereas Photon Energy has so far dealt with the maintenance of some solar power parks, the company is now stepping toward its own projects, having... more
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Transavia Expects 2022 to Be Best Year in Its History 06.21.2022
Transavia, the biggest poultry producer in Romania, expects 2022 to be the best year in its history despite the crisis the economy is experiencing. more
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One United Properties Announces EUR110M Cash Position in Late May 06.21.2022
One United Properties (ONE.RO), a developer of sustainable residential, office and mixed-use projects in Romania, announced a cash position of... more
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Metro Invests in Meat Processing Facility 06.20.2022
Germany’s Metro Group, which owns a local network of 30 cash & carry stores, is making a surprising move towards production, investing in its own... more
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Cupio Cosmetics Brand Owner Rents 3,200 Sqm Storage Space in CTPark Timisoara Ghiroda 06.20.2022
The group of companies that owns the Romanian cosmetics brand Cupio has leased 3,200 square meters of warehouse space in the CTPark Timisoara... more
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Competition Council Greenlights Dan Ostahie’s Takeover of Porsche Bank Romania 06.20.2022
Romania’s Competition Council has greenlighted the takeover of Porsche Bank Romania by Dan Ostahie, the businessman who owns the Altex Group. more
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CBRE: Industrial Space Demand Remains High in 2022 06.20.2022
Industrial space demand remains high in 2022, particularly in the western and central areas of Romania, with developers having 500,000 square... more
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Senior Software Invests EUR300,000 to Expand in Timisoara 06.20.2022
Senior Software, a local provider, developer and integrator of software solutions for business management, has earmarked EUR300,000 to develop its... more
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Duraziv 2021 Turnover Up 24% to RON180M YOY 06.20.2022
Building materials producer Duraziv saw its turnover go up by 24% in 2021, the year it entered the portfolio of French group Saint-Gobain. Thus,... more
Real estate investments in Romania neared EUR900 million in 2021, with over a third of the amount transacted being recorded in the last
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The Romanian equity of Germany’s group Metro is valued at EUR225 million, in line with data presented in a company report.
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One United Properties (ONE.RO), one of the leading green developers of residential, mixed-use and office real estate in Romania, has
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House prices per square meter in Romania are undervalued by almost 30% compared to house prices on other real estate markets in Europe,
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Five new companies listed on the Bucharest Stock Exchange will be included in the FTSE Russell index series dedicated to Emerging
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Bistrita-based Datacor plans to develop greenfield-type photovoltaic projects in Transylvania, with total 50MW capacity, as the system
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CTP, the biggest developer and manager of industrial and logistics space in Romania, has over 270,000 square meters under construction
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Ford’s assembly facility in Craiova has produced one million vehicles between 2009 and 2021, in the amount of EUR18 billion, of which
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Poland’s group CCC is bringing in Romania in 2022 the HalfPrice brand, which will operate on the fashion outlet segment, according to
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What Chances Do Romanian Entrepreneurial Companies Stand to Become “Multinationals of the East”?
A rising number of companies, not just from the tech field, are exporting their business model abroad, gaining new markets and strengthening their operations, acting as genuine “multinationals” of the East. Is this concept functional at present and can it be used in any field?