08.13.2024

Printec Group Romania, one of the largest providers of payment solutions for the banking industry in Romania, posted RON105.6 million (EUR21.2 million) revenue in 2023, 4% lower than in 2022, Finance more

08.12.2024

Vegetable oil producer Argus Constanta (UARG.RO), 91.4% held by Infinity Capital, posted RON11.6 million loses in the first half of 2024, down from the RON22 million losses of the year-ago period. more

08.01.2024

Romania's foreign exchange reserves decreased by EUR813 million over the course of July 2024, down to EUR63.57 billion at the end of the month, compared with EUR64.39 billion at the end of June 2024, more

07.30.2024

Olint Com, based in Radauti, Suceava County, which operates in production, trade and distribution of building and interior design materials and is owned by entrepreneur Georgeta Cusiac, posted more

07.22.2024

Romania’s corn production will be about 7 milion tons in 2024, lower than the USDA and European Commission’s forecasts of 10.8 million tons and 10.6 million tons, analysts say, according to the more

07.18.2024

The volume of construction works increased, in unadjusted data, by 1.1% in January-May and by 2.2% when adjusted for the number of working days and seasonality, data from the Romania’s statistics more

07.05.2024

Phonetastic GSM a local distributor of smartphones, gadgets and other IT&C equipment, posted RON200.3 million (EUR40.3 million) revenue last year, 27% lower than in 2022, Finance Ministry data show. more

07.01.2024

Romania's foreign exchange reserves stood at EUR64.39 billion at the end of June 2024, compared with EUR65.07 billion on May 31, 2024, central bank data showed on Monday (July 1, 2024). more

06.05.2024

Steel pipe and profile maker Mairon Galati, held by the Miron family, ended last year with RON1.87 billion revenue, down 26% from the previous year, Finance Ministry data and ZF’s calculations show. more

06.04.2024

VLG Ro, a supplier of electrical cables and conductors based in Martinesti, Cluj County, part of the Austrian Meinhart group, posted RON408.6 million (EUR82.6 million) revenue in 2023, down to almost more

05.17.2024

Sole Mizo Romania, part of Hungary’s Bonafarm group, posted RON167 million revenue in 2023, down 5% from the previous year, Finance Ministry data show. more

05.15.2024

Artsani DIY stores in Prahova County posted total sales of RON149 million in 2023, 15% lower than in 2022, latest data about Artsani Com on the Finance Ministry website show. more

05.14.2024

State-owned Hidroelectrica (H2O.RO), Romania's largest electricity producer and the largest issuer listed on the Bucharest Stock Exchange by market capitalization, posted RON1.3 billion net profit in more

05.02.2024

Coca-Cola HBC Romania, the leader in the soft drinks market, recorded a decline in volumes of more than 10% (low-double digits) in the first quarter, driven by Sparkling and Stills beverage more

05.02.2024

Romania's foreign exchange reserves stood at EUR62.5 billion at the end of April 2024, lower by EUR1.7 billion compared with EUR64.2 billion on March 31, 2024, central bank data showed on Thursday more

04.25.2024

Autotehnorom, a construction company in Suceava owned by the Ripan family, posted about RON200.9 million (EUR40.6 million) revenue in 2023, down 25.5% from the previous year’s RON270 million more

04.12.2024

Romania’s industrial production was 1.8% smaller in the first two months of 2024 against the same period of 2023 due to declines in all the three major industrial sectors, data from the country’s more

04.09.2024

New car registrations fell 26% to 9,156 units in March 2024 compared with March 2023, police data show and the decline also affected electrified cars. The latter saw a decline of 9% and their market more

04.02.2024

Romania's beer market continued to decline in 2023 for the second consecutive year, reaching 15 million hectoliters, 5% fewer than in 2022, in line with data provided by the Romanian Brewers more

03.25.2024

Practic Bucuresti (PRBU.RO), one of the largest owners of retail space in Bucharest, made RON26.9 million net profit in 2023, 29% lower than in 2022 and RON42.3 million revenue, 7.5% higher more

03.20.2024

The volume of construction works in Romania shrank, in unadjusted data, by 77% in January 2024 compared with December 2023 and by 34.2% when adjusted to the number of working days and to seasonality, more

02.23.2024

Electricity and electrical equipment producer Electromagnetica (ELMA.RO) made a net loss of RON31.7 million for 2023, from a profit of RON23 million in 2022, the company said in a report to the more

12.29.2023

Romania’s three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, as well as for RON-denominated more

12.12.2023

The fast-moving consumer goods (FMCG) market shrank in volume in January-September 2023, which is the best indicator of the spending appetite of Romanian consumers. On the other hand, retailers’ more

12.06.2023

Barleta, a company based in Bacau that manufacturers all sorts of paper bags for major supermarket chains, fast-food restaurant chains and bakery businesses, will end the year with lower revenue than more