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Romania Attracted EUR1.12B Via EU-Funded Transport Program In 2014; Absorption Rate At 58.5%
Automotive

Romania Attracted EUR1.12B Via EU-Funded Transport Program In 2014; Absorption Rate At 58.5%

Romania will end 2014 with an absorption rate of 58.55%, meaning EUR1.128 billion, through the EU-funded operational program for Transport, higher by EUR100 million than the forecasted target of EUR1.022 billion.

Ecaterina Craciun · 22.12.2014 · 14:09 · 1 min
PostMaster Sees Higher Than Expected Growth In January-August
Companies

PostMaster Sees Higher Than Expected Growth In January-August

PostMaster, a company of the Austrian Post Group, which provides postal services and delivers advertising material to mailboxes, posted growth of 17% in revenue to about EUR6.3 million in th...

Loredana Frățilă-Cristescu · 03.10.2014 · 11:55 · 1 min
Austrian Post Buys 26% In Romanian PostMaster For Undisclosed Amount
Companies

Austrian Post Buys 26% In Romanian PostMaster For Undisclosed Amount

The Austrian Post, with EUR2.3 billion in turnover last year, has entered the Romanian market through the acquisition of 26% in PostMaster, preparing to gain business when the monopoly of st...

Mirabela Tiron · 21.10.2011 · 00:00 · 1 min
Social/Politics

Belgian Postal Operator Interested In Buying Into Posta Romana

Belgium's national postal company, bpost, wants to become a minority stakeholder in Romania's postal company and railway operator SNCB is also interested in investing on the Romanian market,...

Radu Bostan · 22.09.2011 · 16:24 · 1 min
GeoPost Prepares To Take Full Control Of DPD Courier
Companies

GeoPost Prepares To Take Full Control Of DPD Courier

French-held GeoPost, a subsidiary of the French postal service, is preparing to buy the remaining 20% stake in parcel delivery service provider DPD, which will give it full control of the co...

Mirabela Tiron · 06.07.2011 · 00:00 · 1 min