04.27.2023

Natural gas producer and supplier Romgaz, in which the Romanian state owns 70%, for 2022 reported payments to the budget worth RON7.7 billion, from RON1.5 billion in 2021. more

04.18.2023

Connections Consult, a group of companies specialized in providing software solutions and IT services, has budgeted for 2023 RON5.6 million net profit, up 30.2% from 2022, RON82 million total more

04.18.2023

For 2023, Rompetrol Rafinare, a company part of KMG International and owner of Petromidia Navodari and Vega Ploiesti refineries, has budgeted $102.45 million net profit, up 13.46% from 2022. more

04.11.2023

Rompetrol Well Services, the oil services arm of Rompetrol, aims for RON8.8 million net profit in 2023, 238.5% higher than last year’s RON2.6 million level, in line with the revenues/expenses budget more

04.04.2023

Ropharma pharmacy chain, indirectly controlled by businessman Mihai Miron, has budgeted turnover worth above RON597 million in 2023, up 7% on the year. more

04.03.2023

Chimcomplex (CRC.RO), the leading producer and supplier of vital chemical substances in the region, with two industrial platforms in Onesti and Ramnicu Valcea, eyes RON2.16 billion turnover in 2023, more

03.29.2023

Arobs Transilvania Software, the biggest technology company listed on the Bucharest Stock Exchange, envisages RON421.25 million net turnover, up 40% from 2022, in line with ZF calculations based on more

03.29.2023

MedLife group, the biggest private healthcare provider in Romania, has budgeted RON2.1 billion turnover in 2023, up 18% from 2022. more

03.28.2023

Aluminum smelter Alro Slatina (ALR.RO) has budgeted $783 million (RON3.6 billion) revenue for 2023, an increase of 15.5% on 2022, $82 million (RON374.8 million) EBITDA, down 51.2%, pre-tax profit of more

03.28.2023

Bento-Intelectually Curious, a Romanian entrepreneurial company specializing in the development and implementation of software solutions and the provision of IT infrastructure and Cloud services, aims more

03.27.2023

2Performant, the main player on Romania affiliated marketing market, expects RON48.6 million turnover in 2023, up 39% from 2022, and RON836,000 profit, three times bigger than the 2022 figure. more

03.27.2023

Sphera Group, the franchise operator of the KFC, Pizza Hut and Taco Bell restaurants in Romania, estimates restaurant sales will top EUR320 million in 2023, up 21% from 2022, while normalized EBITDA more

03.22.2023

Footprints AI, a company established in 2017, which developed a media retail platform enabling offline retailers to find potential new customers and anticipate their spending patterns through a more

03.20.2023

OMV Petrom (SNP.RO), the largest company in Romania, has budgeted RON40 billion revenue from sales in 2022, compared with RON55 billion in 2022 and the net profit should reach RON3.9 billion compared more

03.08.2023

ROCA Industry (ROC1.RO), the first Romanian holding company of construction material makers, launched by ROCA Investments, notified Bucharest Stock Exchange investors that it expected RON18.3 million more

02.22.2023

Car battery manufacturer Rombat in Bistrita, controlled by the South African group Metair, will allocate EUR10 million for investments this year, mainly for the installation of a semi-automatic line more

02.09.2023

More than half (56%) of Romania managers and entrepreneurs have hiked the sums earmarked for investments in 2023 against 2022, while 27% of them have kept them unchanged, reveals ASEBUSS Investment more

02.09.2023

PORR Construct, part of the Austrian group of the same name, has budgeted investments of more than EUR10 million in the Romanian market for 2023. more

01.30.2023

Romania’s consolidated budget posted RON81 billion deficit in 2022, higher than the RON80 billion of 2021, Finance Ministry data show. more

01.19.2023

FAN Courier, the courier market leader, has budgeted investments of EUR20 million this year. more

12.28.2022

Romania’s general consolidated budget posted a deficit of RON58.70 billion in the first eleven months of 2022, Finance Ministry data showed. more

12.27.2022

The consolidated budget revenue growth slowed down in November, the budget execution report of the Finance Ministry shows. more

11.28.2022

In the context of the 2023 state budget planning, AmCham Romania reiterates, as every year, the importance of fundamental principles that must guide this process. more

08.25.2022

The revenues of the general consolidated budget stood at RON258 billion in January-July 2022, an increase of 22% on the year-ago period. Expenses stood at RON285 billion, an increase of 16%, a higher more

07.13.2022

Pharmaceutical wholesaler Ropharma Logistic, a business that emerged in 2014 after large pharmacy chains were forced to separate distribution from retail, has grown steadily in recent years and plans more