08.21.2013

The largest oil companies in Romania, Petrom, Rompetrol, Lukoil and MOL Romania, together control around 1,400 gas stations, according to data provided by the companies. more

08.21.2013

The 100 largest companies controlled by Romanian entrepreneurs are over-indebted and would need EUR5.6 billion in fresh capital in order to reach European average indebtedness indicators in the more

08.19.2013

The profits reported by companies in Romania fell last year by over 5 billion lei (EUR1.1 billion) to RON60 billion, which shows that 2012 was very difficult 2012 for the corporate sector despite a more

08.16.2013

The 10 most profitable companies on the Bucharest stock exchange obtained a combined profit of 3.7 billion lei (EUR848 million), 9.1% more than profits made in the similar period of last year. more

08.15.2013

Salary increases for the employees of autonomous regies and state-run companies will be capped at maximum 60% of the productivity bonus, given that wage raises include all the bonuses that can be more

08.15.2013

Major power companies in Romania are among the most sought-after customers by various service providers because they have many employees and large budgets. more

08.14.2013

Highest-paid employees in Romanian state-run companies earn net wages of EUR640 to EUR1,500 per month. more

08.08.2013

The number of insolvent firms in Romania fell 10% on the year in the first half of 2013, to 12,739, according to rating agency Coface. more

08.07.2013

The 100 largest employers in Romania, which together have 520,000 employees (12% of the total number in the economy), reported a decline of 36,000 employees between 2008 and 2012, according to Trade more

07.29.2013

Investments of private equity funds in Romania amounted to only EUR27 million in 2012, a record low over the past six years, while exits rose to EUR120 million, according to the European Private more

07.19.2013

The 25 largest integrators of IT&C solutions on the Romanian market, which employ some 5,000 people, reported cumulated sales of around EUR600 million in 2012, up 4% on the year, according to more

07.12.2013

More than one thousand companies in Romania took out EUR11 billion loans directly from Austrian, German, French, Spanish and Italian banks by the end of March, according to central bank data. more

07.05.2013

The ten largest companies owned by Romanian entrepreneurs reported revenues of 17 billion lei (EUR3.8 billion) last year, up 7% from 2011 and up 20% from 2010. more

06.19.2013

Oil, car manufacturing and food retail are the industries that supply the biggest number of top-ranking companies in the Romanian economy. The top ten players had sales of EUR20 billion last year, up more

06.17.2013

Insolvent and bankrupt companies in Romania had overdue debts of 9 billion lei (EUR2 billion) at the end of April for loans taken out from banks, which translates into nearly 40% of corporate more

06.14.2013

The second day of ZF Bankers Summit ’13 brought up the weaknesses in the economy and the issue of insolvencies weighing on banks’ loan portfolios. One solution would be for the state to more

06.14.2013

Companies hired less than 50,000 people in the first quarter of the year, 40% fewer than in the similar interval a year ago, when more than 85,000 new jobs were created. more

06.13.2013

The mergers and acquisitions market has reached more than EUR330 million since the beginning of the year, reveals a ZF analysis based on the data announced by companies and its own estimates. more

06.13.2013

The top five Romanian-held construction companies reported an overall turnover of EUR600 million in 2012, which is equivalent to around 6% of the value of the Romanian construction market. more

06.05.2013

Romania’s Economy Ministry will start procedures for the privatization of state-run aerospace companies IAR Ghimbav, Avioane Craiova and Romaero Baneasa, Economy Minister Varujan Vosganian said more

05.09.2013

Dairy maker Albalact Alba-Iulia (ALBZ.RO), oil and gas services company Foraj Sonde Craiova (FOSB.RO), drugmaker Zentiva Bucharest (SCD.RO) and building materials maker Prefab Bucuresti (PREH.RO) are more

05.03.2013

Companies listed on the Bucharest Stock Exchange paid overall dividends of 3.03 billion lei (almost EUR700 million) this year from 2012 profit, down by 17% from the amounts paid in 2011, when more

04.25.2013

Only half of the 51 managers appointed in the boards of directors of state-run companies truly come from the private sector, as planned in the “Private CEO in the state sector” project. 25 of the more

04.25.2013

More than 40% of the small and medium-sized enterprises in Romania, or 215,000 companies, have no employees. Their number surged in 2008-2011, reveals a ZF analysis of the Trade Registry data. more

04.23.2013

Managers of companies in Romania’s energy industry make 4,693 lei (little over EUR1,000) and RON18,000 a month, according to a maximum net wage list released by the government Tuesday. more