Total revenues from postal services topped 4.6 billion RON in 2022, 11 percent more than in 2021, with parcel traffic accounting for about 81 percent thereof, the National Communications Administration and Regulation Authority (ANCOM) informs.By revenues from postal services obtained in 2022, the main competitors on the Romanian relevant market are Fan Courier, with a market share of 23.8 percent, the National Post Company (14.7 percent), Sameday (13.8 percent), and Cargus (9 percent), shows the 2022 Report on the Romanian postal services market.Investments in the postal services market amounted to 360 million RON in 2022, respectively 8 percent of the actors' annual revenues, up by almost 30 percent compared to the previous year."Support for the parcel traffic was the main driver of investments, materialized in the increase by nearly 80 percent in the number of automatic parcel delivery systems, to almost 4,500," the ANCOM said.The traffic of parcels and packets increased in 2022 by 6 percent to 232 million shipments, i.e. 12 items/inhabitant. The lower increase in traffic compared to previous years was compensated by the faster rise in revenues from parcel deliveries (+13 percent) to 3.8 billion RON. The average revenue per parcel was over 16 RON (13 RON in the case of domestic parcels).There are currently 10 suppliers that make deliveries through automatic systems (easybox, parcel locker etc.), ensuring the delivery of 1 in 7 domestic parcels. Almost 9 out of 10 domestic parcels were delivered within 1 day of entering the postal network, with the average standing at 1.2 days.Revenues from international parcels stood at 1 billion RON in 2022, and the top 3 provides by the number of deliveries are Delivery Solutions - Sameday (28 percent), Fan Courier (26 percent) and Cargus (13 percent).As far as mail and print services are concerned, revenues increased last year by 7 percent to almost 0.8 billion RON, although traffic was 9 percent down to 303 million shipments. The average income per delivery increased to 2.6 RON (+17 percent). On average, domestic mail and printed items were delivered in 2.7 days.By the number of shipments, the most important service providers are the National Post Company (52 percent) and Pink Post (41 percent).ANCOM released on Thursday on the institution's website the full report on the Romanian postal services market in 2022.
The exhibition RomanIa – Identity representation of traditional dress in art, currently on view at the National Museum of Art of Romania (MNAR), gathers a variety of artistic representations of the traditional blouse ia, from painting and sculpture, to drawing, photography, installation, film, music, posters, fashion, books, albums, and more. It includes works by Henri […]
Over 136,000 non-EU citizens held residence permits for employment in Romania at the end of August this year, most of them coming from Nepal, Sri Lanka, Turkey, Moldova, and India, and two out of three immigrants live in Bucharest, Ilfov, Constanța, Timiș, and Cluj, according to a study conducted by the Economic and Social Council. […]
Romanian prosecutors conducted house searches in 12 locations in Bucharest and two in Târgu Mureș on Wednesday, November 26, in a case targeting former employees of bankrupt insurer Euroins. Specifically, the searches targeted 10 individuals who held executive management positions within Euroins, as well as the headquarters of legal entities controlled by the Bulgarian shareholders […]
Prices in Bucharest’s premium residential market have doubled over the past few years, reaching record highs amid a severe shortage of supply in the city’s most exclusive neighborhoods, Cushman & Wakefield Echinox said. Areas such as Primăverii, Kiseleff, Aviatorilor, and Dorobanți continue to dominate demand. Over the past 2 or 3 years, prices for premium […]
The Romanian Consulate in New York shared on social media the story of George Pomuț (George Pomutz, born Gheorghe Pomuț), the Romanian-American who facilitated the sale of Alaska to the US. Despite his role in US history, the Romanian is largely unknown today, the Consulate noted. Pomuț was born in the Hungarian town of Gyula, […]
Shares of Cris-Tim Family Holding (BVB: CFH) began trading on the Bucharest Stock Exchange on November 26 after an IPO worth RON 454.35 million (EUR 89.3 million) conducted last month. Cris-Tim is now the largest entrepreneurial company in the food sector on the BVB Main Market. The funds raised from institutional and over 8,000 retail […]
