08.21.2023

Integrisoft Solutions, a developer and provider of software applications and solutions for central and local public administration, posted 9% decrease in revenue to EUR4.5 million (RON22.7 million) more

08.16.2023

The natural gas transmission company Transgaz (TGN.RO), majority owned by the Romanian government, recorded consolidated revenue of RON959.7 million in the first half of the year, down from RON1.18 more

08.09.2023

Aluminum producer Alro Slatina (ALR.RO) ended the first half of 2023 with RON1.55 billion consolidated revenue, down 25% on the year-ago period and RON164 million loss, compared with a RON15.3 million more

08.09.2023

Romania's trade balance posted a deficit of EUR13.3 billion in January-June 2023, lower by 14% compared with January-June 2022, data from the country's statistics board INS showed on Wednesday (August more

07.20.2023

Vimercati East Europe, which makes electromechanical and electronic components in a factory in Bacau County, posted RON328.4 million (EUR66.6 million) revenue in 2022, down 2% from the previous more

07.11.2023

Clinica Sante, a network of medical laboratories with 300 collection centers in Romania, generated RON240 million revenue in 2022, down 5% from 2021, public data from the Finance Ministry show. more

07.11.2023

Beer sales in Romania in the first five months of 2023 slid by 9% from the year-earlier period, maintaining the 2022 downward trend, at a faster pace, in line with data provided by the Romanian more

07.03.2023

Domeniile Ostrov, one of the largest fruit producers in Romania and South-East Europe, now during peak summer fruit harvesting season, estimates a cherry production of 500 tons, down 10% from 2022, more

07.03.2023

Romania's third-party liability insurance RCA seems to be entering a downward trend after seeing significant increases both at the level of the entire segment and at the level of each company that more

06.21.2023

Brokerage firm Goldring, one of the largest brokers on the Bucharest Stock Exchange, posted about RON5.6 million revenue in 22%, 24.6% lower than 2021’s RON7.4 million, Finance Ministry data show. more

06.14.2023

Household appliances manufacturer Electrolux Romania, the local subsidiary of Swedish group Electrolux, posted about RON883.9 million (EUR179.2 million) revenue in 2022, down 18% from the RON1.080 more

06.02.2023

Romania's foreign exchange reserves stood at EUR53.08 billion in May 2023, lower than the EUR53.34 billion in April, central bank data showed on Friday (June 2). more

05.18.2023

Romania’s telecom services market dropped by 1% to RON16.9 billion in 2022, in line with data aggregated by market regulator ANCOM. more

05.16.2023

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, continued its downward path, falling to more

05.10.2023

OTP Bank Romania posted after-tax profit of RON15 million (HUF1 billion) in the first quarter of 2023, compared with RON24 million losses in the year-ago period, which was predominantly impacted by more

04.25.2023

The hydrocarbon production of Romgaz (SNG.RO), the second largest oil company in Romania declined by 5.4% from 8.45 million to 8.07 million barrel of oil equivalent in the first quarter of 2023 more

04.13.2023

Romania’s industrial production decreased by 5% in January-February 2023 due to drops in electricity, thermal energy, gas, steam and air conditioning production and supply (-12.3%), mining industry more

04.12.2023

Brewer Bermas Suceava (BRM.RO) posted RON30.1 million revenue in 2022, an increase of almost 5% on the previous year, the company said in its latest report available on the Bucharest Stock Exchange more

03.29.2023

Distribution and logistics company Aquila Part Prod (AQ.RO) expects RON2.4 billion revenue in 2023, up from the RON2.2 billion of 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

03.20.2023

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

03.10.2023

OTP Bank Romania posted after tax profit of RON34.6 million in 2022, a decline of 40% on 2021, the group report published in Budapest shows. The report presents the consolidated results, in line with more

03.10.2023

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, continued to slide and ended the March more

03.03.2023

Romanians spent almost EUR5 billion on electronics, home appliances, cell phones and IT products in 2022, a record high for the Romanian market, which stood at only one quarter of the current value in more

03.01.2023

SIF Banat Crisana (SIF1.RO), a financial investment company that will soon change name to Lion Capital, announced its assets reached RON3.4 billion in 2022, compared with RON3.6 billion in the more