Altexpress marks its 10th anniversary with record momentum, posting a 35% surge in Q1 2025 and setting an ambitious EUR 3 mln revenue target for the year. After closing 2024 with a 50% leap in revenue - exceeding EUR 2.45 mln - the company continues to outpace Romania’s eCommerce sector and cements its reputation as a strategic growth partner for online retailers and brands across Central and Eastern Europe.
Founded in 2015,...
Schrack Technik Romania, the subsidiary of the Austrian group Schrack Technik GMBH, one of the most important players (manufacturer and distributor) in the electrical installations market, has completed an investment of over EUR 15 million in the construction of a new state-of-the-art logistics center, in Domnești, near Bucharest, according to
The investment fund Mid Europa Partners, one of the most active investors in the local market, reached an agreement to sell Urgent Cargus, the second largest courier company in Romania, to Sameday – the courier company in the same group with the online retailer eMAG, according to Profit.ro....
The Romanian economy will grow by 1.3% this year, compared to a 2.1% advance expected in January, according to the Global Economic Prospects report published by the World Bank on June 10. The WB also cut its forecast for Romania’s economic growth in 2026 to 1.9% from 2.6% in January. The bank thus cut its […]
Romania’s exports in goods contracted by 5.2% y/y to EUR 7.87 billion in April, while the imports edged up by 0.4% y/y to EUR 11.01 billion, resulting in a trade gap of EUR 2.69 billion – 22% wider compared to the same month of 2024, according to data published by the statistics office INS. In […]
The general government budget deficit under cash terms reached 3.4% of GDP in the first five months of the year, according to preliminary data announced by Profit.ro. The deficit-to-GDP ratio is at the same level as it was...
Romanian president Nicușor Dan made his first official bilateral visit to Chișinău on Tuesday, June 10, and held a joint press conference with Moldova’s leader Maia Sandu. The visit underscored Romania's continued political, economic, and strategic support for Moldova, particularly as the country pushes forward on its path toward European Union accession. Maia Sandu welcomed […]
