Romanian package delivery company Sameday, controlled by e-commerce giant eMAG, has announced the purchase of Cargus, the delivery firm owned by MidEuropa Partners.
The service includes door-to-door delivery for parcels up to 31 kg and a transit time of 2-3 business days for Bulgaria and 3-5 for Greece.
The Cargus Mobile App consolidates the company's digital transformation direction by offering users a complete experience and advanced functionalities for parcel management.
Cargus will operate in a new, modern facility, of 3,100 square meters including the warehouse, a Cargus SHIP & GO location and offices.
Romania's real GDP growth is forecast to remain low over the next two years, primarily due to the necessary fiscal consolidation measures that will slow consumption.
Almost 60% of companies in Romania plan to expand their use of flexible spaces over the next two years to support hybrid working strategies.
CEC Bank continues to support entrepreneurs from rural and agricultural sectors by signing a new guarantee agreement with the Rural Credit Guarantee Fund (FGCR), which allows refinancing of AGRO and RURAL loans.
Family business revenues are projected to reach $29 trillion by 2030, reflecting an 84% increase compared to 2020, according to a Deloitte study. These businesses currently account for 19% of all business revenue globally and represent more than 18,000 entities worldwide.
Endava, the technology-driven business transformation group, and Paysafe, a payments platform, announced a multi-year strategic partnership to bring payments and community engagement solutions to market faster.