10.07.2022

Romania’s smartphone market grew by 18% in value to EUR820 million in the first eight months of this year compared with the year-ago period, while dropping 2% in volume. more

11.09.2021

eMAG, the leading online retailer in Romania and one of the largest in the region, expects Black Friday sales to reach RON615 million this year, 5% more than in 2020 and expects 6 out of 10 customers more

12.10.2020

Private healthcare operator Gral Medical, the fifth largest on its market by sales, posted more than EUR33 million revenue in the first ten months of the year and expects to end the year with EUR40 more

11.18.2020

Romania's national strategy and forecast commission has revised its 2020 GDP contraction estimate to 4.2% from a previous projection of 3.8% and sees the economy rebounding with 4.5% GDP growth in more

09.22.2020

OMV Petrom, the largest energy company in South-Eastern Europe, has revised its medium and long-term oil and electricity price assumptions leading to net impairments of around RON350 million after more

04.16.2020

The Romanian government's economic growth projection of 1.9% of GDP for this year is overly optimistic, Raiffeisen Bank chief economist Ionut Dumitru told Ziarul Financiar. more

03.23.2020

OMV Petrom (SNP.RO), the biggest company listed on the Bucharest stock market, expects 2020 sales to drop 9% on the year, to RON18 billion, and sees its profit down 21%, to RON2.8 billion, according more

12.23.2019

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11.26.2019

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10.24.2019

The Romanian leu is expected depreciate to an average of RON4.84 to the euro in the next 12 months, while the annual inflation rate is seen at 3.82% in October 2020, CFA Romania said Thursday. more

03.21.2017

The Romanian leu will strengthen slightly versus the euro, while the euro will remain stable versus the US dollar, according to Raiffeisen Bank analysts. more

04.11.2016

The largest companies in the oil, natural gas and electricity industry that are either listed on the Bucharest Stock Exchange or aspiring to believe, with a few exceptions, that they will end the year more

02.01.2016

Importer and distributor of IT products Royal Computers targets a 15% turnover growth this year, from RON62.5 million (EUR14 million) in 2015, the company said in a statement Monday. more

04.21.2015

Romanian dairy manufacturer Albalact (ALBZ.RO) targets a 7% increase in turnover in 2015, to RON508.5 million (EUR115 million), and earnings before interest, taxes, depreciation, and amortization more

03.24.2015

Romanian state-owned power grid operator Transelectrica (TEL.RO) estimates a net profit of 138.7 million lei (EUR32 million) this year, down 62.5% from the record profit of RON370 million posted in more

03.20.2015

KLG Europe Logistics Romania, part of Dutch group KLG Europe, estimates a 10% turnover increase this year, to EUR27.5 million, from EUR25 million a year before, due to the increase of its client more

03.12.2015

Romanian state-run drugmaker Antibiotice Iasi (ATB.RO) estimates its net profit will fall by 32% to RON21.26 million (nearly EUR4.8 million) in 2015, from RON31.29 million a year before. more

03.06.2015

BRD-Groupe Societe Generale (BRD.RO), the second largest bank in Romania, targets this year a 4.5% increase on lending segment, a 7.2% hike on deposits segment, an increase in the net banking income more

02.19.2015

Top executives in Romania are optimistic about the evolution of their companies’ financials this year, foreseeing sales and profit growth fueled, among others, by continued investments and increases more

06.10.2014

Romanian cosmetics producer Cosmetic Plant, based in Cluj-Napoca, estimates a 5%- 10% turnover growth for 2014, from EUR1.6 million a year earlier, and plans to extend production capacity by more

04.30.2014

Romanian dairy maker Albalact Alba Iulia (ALBZ.RO) estimates its net profit will increase by 30% this year, to 11 million lei (EUR2.5 million), from RON8.4 million in 2013. more

04.29.2014

Romanian car parts manufacturer Compa Sibiu (CMP.RO) estimates its net profit will fall 11.2% this year, to RON18.9 million, from RON21.3 million a year earlier. more

04.28.2014

Commercial lender Banca Comerciala Carpatica (BCC.RO) targets a net profit of RON37.7 million in 2014, slightly down from RON38.4 million a year earlier, on 5% lower revenue, at RON207.1 million, the more

03.12.2014

Pharmaceutical distributor Farmaceutica Remedia Deva (RMAH.RO) expects a profit of RON2.7 million (EUR610,000) this year, 10% lower than in 2013, and net revenues from sales of RON258.5 million more

12.24.2013

Romania’s life insurance market will end 2013 at a level lower than last year’s and is expected to grow by less than 5% in 2014, way below its long-term growth potential, Marius Popescu, general more