09.23.2024

The Fiscal Council reiterates the estimate that Romania will end 2024 with a cash budget deficit of around 8% in its Opinion on the draft of the first revision of the state budget, saying that the more

04.10.2024

The four-star Cismigiu Hotel in Bucharest, one of landmark buildings of the city, held by Spain’s Hercesa, has budgeted for 3% higher revenue for 2024, up from EUR1.9 million in 2023, which was more

04.09.2024

Romanian-held footwear retailer Benvenuti expects business to stagnate or grow slightly in 2024 compared with last year, when the company posted sales of almost RON178.5 million (more than EUR36 more

02.09.2023

Automotive components manufacturer Optibelt Power Transmission in Tautii-Magheraus, Maramures County, the local subsidiary of the German group Arntz Optibelt, estimates about RON448.2 million (about more

02.02.2023

Polish-held online retailer Answear, which has a presence in Romania since 2015, aims to increase local sales by 20% this year compared with 2022, when its biggest growth, 40% was recorded in the more

11.15.2022

Investment company Evergent Investments (EVER.RO) posted an estimated net result of RON101.4 million in the first nine months, 57% higher than the entire 2022 estimate, the company said in a more

11.09.2022

eMAG, the largest local online retailer and one of the biggest actors in the region, expects sales to exceed EUR1 billion by the end of 2022, CEO Tudor Manea said on ZF Live show. more

11.07.2022

Romania’s largest online retailer eMAG expects sales to reach RON639 million on this year’s Black Friday, which is set for November 11 and intended to be its biggest ever. The company actually more

04.14.2022

Softbinator Technologies (CODE.RO), a Romanian software developer specializing in designing, developing and launching innovative products, has published its 2021 report and kept the budget estimates more

03.28.2022

Pharmaceutical manufacturer Biofarm (BIO.RO) expects 16% higher revenue compared with RON239 million of 2021, as well as 15% higher EBITDA from about RON82 million last year. more

05.29.2020

Fox group, one of the largest actors on the cold cuts market in Romania, budgeted RON450 million revenue this year, 11% more than in 2019, the data it sent for ZF’s “Cei mai mari jucatori din more

04.11.2019

Automotive component manufacturer Preh Romania, a supplier of Porsche, Mercedes, Audi and BMW, budgeted EUR270 million revenue for this year, 22% more than in 2018, ZF has calculated from the data more

05.18.2016

Private medical service operator Gral Medical, one of the top five companies on its market in Romania, expects revenue to reach 95.5 million lei (EUR21 million) in 2016, up 9.7% on the previous year, more

12.03.2015

The EUR650 million revenue estimate for 2015 turned out to be ‘cautious’ for Tinmar Ind, Romania’s largest private energy trader. more

04.29.2015

Romanian aluminum smelter Alro Slatina (ALR.RO) estimates a profit of $63.6 million for this year after losses in the past years, the company said Wednesday. more

01.26.2015

The Romanian Pool of Insurance against Natural Disasters (PAID), which issues mandatory home insurance, wants to invest 1% of last year's revenues in an advisory campaign that it hopes will raise its more

10.29.2014

Romania's state-owned postal operator Posta Romana will end the year with a profit of RON65 million, after six years of losses, Minster for Information Society Razvan Cotovelea said Wednesday. more

05.13.2014

Vienna Insurance Group (VIG) expects its Romanian operations to turn a profit at the end of this year, following losses of EUR98.7 million in 2013, by adjusting its car insurance premiums to match more

04.03.2014

Romanian hotel operator Turism Felix (TUFE.RO), controlled by regional investment fund SIF Transilvania (SIF3.RO), estimates a 3% growth in turnover this year and a 4% decline in gross profit, back to more

02.18.2014

Romania’s largest company OMV Petrom (SNP.RO) is expected to reveal its 2013 financial results on Wednesday and analysts say that even in a worst-case scenario, its net profit could still overshoot more

02.14.2014

Romania’s economy grew faster than expected in 2013, fueled by a bumper harvest, growing exports and recovering activity in industry. more

02.05.2014

Romanian business software provider Total Soft registered consolidated turnover of EUR27.1 million in 2013, up 2.3% on the year, due to an increase in the number of users of ERP (enterprise resource more

12.09.2013

The Romanian advertising market will see a 1.9% growth in 2014, as digital advertising will continue to gain ground, according to ZenithOptimedia forecasts. more

11.07.2013

Courier firm Sameday Courier estimates a 20% year-on-year increase in turnover in 2013, at 5.5 million lei (EUR1.2 million), which is lower than the RON6.5 million level forecasted at the beginning of more

07.18.2013

Romania’s corn production this year is estimated at over 11.7 million tons, 2.4 times higher on the year. more