06.18.2018

Romania’s economy has 12 entrepreneurial companies with more than 1 billion lei (EUR214.5 million) sales for the first time in a decade. The top five posted at least RON2 billion revenue, which is a more

04.27.2018

The largest Polish companies have invested more than EUR450 million in Romania, which puts Poland among the top 20 foreign investors by investment value. more

03.14.2018

The 1,000 largest companies in Romania posted 596 billion lei (EUR128 billion) revenue in 2016, almost 50% of the total revenue of the local companies, according to the `Top 1000 cele mai mari more

03.13.2018

Halting the operations of one company and transferring the business to another entity has become a national pastime in Romania, with about 200,000 companies having gone insolvent in 2005-2016 and more more

01.30.2018

Former Bucharest Stock Exchange manager Ludwik Sobolewski has founded an investor relations and capital markets public relations company. more

01.24.2018

Companies and consumers increased their savings in banks from 274 billion lei (EUR59 billion) at the end of 2016 to RON303 billion in 2017, while the loan volume was slower to rise, going from RON220 more

01.18.2018

Romanian regional investment fund SIF Transilvania (SIF3.RO) had transferred, until the end of 2017, a total 27 ownership stakes held in non-operational companies facing insolvency, bankruptcy or more

11.24.2017

The 25 most valuable entrepreneurial businesses in Romania are valued at EUR9.1 billion in the yearbook of 100 most valuable companies in the country, ranging from EUR2 billion to EUR81 million. more

11.22.2017

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10.30.2017

The Bucharest National Airport Company (CNAB) registered total revenue of RON808.6 million in January-September 2017, up 20.1% on the year, and a gross profit of RON320 million, up 34% on the year. more

10.10.2017

Ten sectors of Romania’s economy generate 93% of the revenue of all the local companies, which stood at 1,300 billion lei (EUR284 million). Trade accounts for more than one third of the total more

10.09.2017

Out of the more than 600,000 companies registered in Romania last year, 263,700 or 42% had no employees, while 164,400 or 26% had zero revenue, according to the data analyzed by the Financial more

09.20.2017

Romania’s economy had 130 companies and banks with revenue of at least one billion lei (EUR281 million) last year. The top 130 actors in the country’s economy posted RON360 billion revenue more

09.07.2017

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09.04.2017

Romanian Prime Minster Mihai Tudose said he plans to draw up a list of strategic objectives of national importance which will include state-run airline Tarom, the Bucharest Airport Company and the more

08.30.2017

Only 18 of the 1,500 largest local IT&C companies make more than EUR100 million revenue a year and only nine of them posted net profit of more than EUR10 million in 2016, as shown in the `Cei mai mari more

08.30.2017

Unirea Shopping Center, one of the major companies listed on the Bucharest Stock Exchange, seeks to recover RON3 million from Carmen Palade, its former head of the Administration Board and CEO. more

07.27.2017

KMG International Group (KMGI) on Thursday welcomed the recent decisions of the Romanian authorities approving the transaction signed at the end of 2016 between its main shareholder – national more

07.17.2017

A number of 20 of the largest local IT&C companies with more than EUR1.4 billion revenue shed more than 3,300 jobs last year, according to their reports with the Public Finance Ministry and Trade more

05.17.2017

Almost 300,000 companies with no employees or no employees reported to the Finance Ministry posted EUR7.8 billion revenue in 2015, according to Coface data, based on those companies’ Finance more

05.16.2017

Pedro Company Constructexim, of Petre Niculae, is building 1,500 apartments in the 21 Residence Politehnica complex, near the Cora Lujerului hypermarket on the Iuliu Maniu Boulevard in Bucharest’s more

04.06.2017

Only 28 of the 50 largest entrepreneurial companies in 2009, the year the crisis hit Romania’s economy, are still standing, and the other 22 are either insolvent, bankrupt or deregistered. This is more

03.31.2017

The Bucharest National Airport Company (CNAB), held by the Romanian state through the Transport Ministry (80%) and investment fun Fondul Proprietatea (20%), could be listed on the Bucharest Stock more

03.20.2017

The foreign debt of banks in Romania, which includes the short and long-term lines of credit from their parent banks, dropped by EUR3.4 billion last year and reached about EUR11.2 billion in December. more

03.16.2017

Romanian steam generator and pump manufacturer Vulcan SA Bucuresti signed a $10 million contract for supplying 270 pumping units to Kuwait Oil Company by December 2017. more