DPD Romania estimates 20% growth for 2018 and announces investments in two new logistics centers
Following last year's EUR 1.5 million investment in expanding its logistics capacity and software, DPD Romania, one of the largest express and parcel companies in the local market, estimates a 20% increase in turnover in 2018 and over 11 million parcels shipped during the year. In 2017, the company maintained an upward trend, with a turnover reported at the end of the year of 26.8 million. For 2018, the company will invest around 1 million euros in various business areas, including the opening of two logistics centers in Arad and Craiova. more »
DPD Romania launches a fast delivery service to Bulgaria, Hungary and Greece
DPD Romania, one of the largest courier and express delivery companies on the local market, has launched Express Regional, a fast delivery service for envelopes and door to door parcels anywhere in Bulgaria, Hungary and Greece. more »
February 13, 2018 16:19
Romania attracted 2 billion euros from foreign markets through a two-tranche issue of eurobonds with the lowest credit risk margins for these maturities. The Ministry of Finance borrowed, on February 1, 2018, 2 billion euro on international financial markets by issuing Eurobonds in euro, in two tranches, of which 750 million euros with a maturity of 12 years with coupon 2.50% and € 1.25 billion with a 20-year maturity of 3.375%. The issue enjoyed a high interest from investors and was over-subscribed more than twice. ...more »
January 29, 2018 10:52
The 10th edition of the HR Excellence Awards Gala – one of the most prestigious HR events of the year and the only event that acknowledges and rewards excellence in Human Resources and people management – will take place on April 4th 2018, in Bucharest.  As we seek to recognize not only the large organizations with complex HR processes, but also the projects implemented in smaller companies that have a proven impact in the business, we will reward organizations depending on their size. Thus, we will offer awards for companies with a maximum of 499 employees and companies with over 500 employees...more »
January 17, 2018 15:06
The M&A market in Romania has reached 3.8 billion EUR in 2017, according to public sources and disclosed transactions, an analysis performed by Deloitte Romania has revealed. Overall, by adding all transactions with undisclosed value, the total market adds up to between 4 and 4.6 billion EUR, 15% higher compared to 2016, according to Deloitte estimates.  ...more »
December 13, 2017 14:30
The fourth edition of the Awards Gala in Courier and Postal Services gathered in the framework of an elitist event some of the most important national and international companies active in the sector and had as main purpose the merits recognition of all those who have recorded spectacular results and developed successful projects in the last year. ...more »
December 07, 2017 11:59
Local courier company FAN Courier, estimates that this year's turnover will exceed the 131 million euro, up 13.2% over the previous year's results, in line with the company's initial forecasts and the results of the top 11 months of the year. For FAN Courier, 2017 can be characterized as the year with the most value-added services launched. "The rising appetite of the Romanian market for courier services, mainly as a result of the explosion of the e-commerce segment, risks being affected by the legislative and fiscal changes announced for 2018, with a relevant impact on all economic actors - companies and consumers. Against such backgrounds, our estimates of business developments for the next year are more cautious than in previous years. The budget for 2018 will be built taking into account two scenarios - pessimistic, for which we are also preparing for a possible stagnation and a realistic prudent scenario in which we anticipate a 10% increase, "said Adrian Mihai, founder of FAN Courier. ...more »
December 04, 2017 14:25
PeliFilip assisted the British group, Kingfisher PLC, one of the largest European DIY chains present in Romania through the Brico Depot brand, in the acquisition of Praktiker România, which currently operates 26 units and is one of the largest DIY retailers in the country. Last week, the acquisition of Praktiker by the Kingfisher Group was successfully completed. Kingfisher entered the Romanian market in 2013 through the purchase of Bricostore stores, a transaction in which they were assisted as well by the PeliFilip lawyers. With this latest acquisition, the British group is set to strengthen its position in a growing market. ...more »
November 27, 2017 14:56
Romania has a large labor force deficit, mainly in construction, IT, agriculture and healthcare, declared labor Minister Lia Olguta Vasilescu. "The largest labor shortage that Romania currently has is in construction, IT, agriculture and healthcare. The most problematic sectors are construction and agriculture, as the majority of people who left the country are working in these areas in the EU pointed out the minister. "Construction and agriculture are the most problematic, but the majority of people who left the country are working in these areas in the EU" ...more »
November 09, 2017 14:01
FAN Courier, the leader of the local courier market, launches this month eBOX, the online delivery option that allows customers to take full control of deliveries and pick them from lockers with 24/7 access. The new service, implemented as a pilot project in Bucharest, is an alternative to the classic courier service, intended for people who can not or will not wait for the courier to the address....more »
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