07.29.2024

Economic analysts expect the inflation rate to go down over the next 12 months to reach an average of 4.6% in June 2025 and see the leu depreciating against the euro to RON5.0722//EUR in mid next more

07.22.2024

The starch factory in Medgidia, inaugurated by the Türkiye’s Tosmur Group in 2022, expects its revenue to grow by 5% this year, after having overshot the EUR100 million mark last year, with more

05.08.2024

Oradea-based Criboser, the second most dynamic road carrier in Romania by revenue in 2022, expects business to grow this year after buying 20 more trucks to carry goods from Belgium, Germany and the more

01.23.2024

Natural gas transmission company Transgaz (TGN.RO) set RON2.06 billion as „operating revenue” in its spending and revenue budget for 2024, which means a 19.2% increase on the estimated 2023 more

01.23.2024

Patristrans VT Logistic in Apahida, Cluj County, a company that transports general freight by road, ended last year with RON50 million (about EUR10 million) revenue, up 10% from the previous year and more

01.22.2024

Road freight carrier Dolo Trans Olimp (DTO), held by entrepreneur Cristian Dolofan, posted EUR97 million revenue in 2023 and expects 30% to 35% growth this year, its officials say. more

01.17.2024

Automotive component manufacturer Preh Romania, a supplier for Porsche, Mercedes and Tesla, expects EUR260 million revenue this year, while the car market has not yet recovered to pre-COVID levels. more

01.17.2024

Kastamonu Romania (formerly Prolemn), held by Turkey's Kastamonu Entegre, expects similar results to last year's for its wood processing plant in Reghin in 2024. The company ended the first nine more

12.22.2023

Financial analysts with CFA Romania association says the public budget deficit expected for this year will be 5.7% of GDP and will reach 5.2% in 2024. more

12.06.2023

Automotive component manufacturer Preh Romania, a supplier for Porsche, Mercedes and Tesla, posted EUR195 million revenue in the first nine months of this year and expects to end 2023 with EUR260 more

11.27.2023

Rondocarton, part of Austria’s Rondo Ganahl, one of the largest corrugated cardboard manufacturers in Romania, posted more than EUR90 million revenue in the first nine months of 2023 and expects to more

10.31.2023

Computer and electronics retailer Altex, held by entrepreneur Dan Ostahie, budgeted more than EUR1.4 billion (RON7 billion) sales for this year, an increase of 7% to 10% on the sales of 2022. more

09.18.2023

Cargo Partner, the Romanian subsidiary of Austrian group by the same name, which provides road, rail, sea and air shipping services, is aiming for EUR70 million in 2023, lower than last year’s EUR92 more

06.07.2023

Cargus, one of the largest parcel delivery companies in Romania, expects 20% higher revenue in 2023, the company said. This year’s plans are to expand to other countries in Europe. more

04.19.2023

The De’Longhi unit that handles import and wholesale of home appliances in Romania budgeted growth again in 2023, after a 9% increase in sales last year. more

03.07.2023

Dunca Expeditii, one of the largest freight carriers in Romania, ended last year with RON210 million revenue, an increase of about 9%, ZF has calculated, and expects the revenue to be flat this year. more

02.09.2023

High-Tech Systems & Software (htss), a provider of business software services, is aiming for EUR40 million revenue this year, which would mean an increase of around 25% compared with last year, the more

02.14.2022

Cable manufacturer Romcab Targu Mures (MCAB.RO) on Monday evening published its development strategy from 2022 to 2026, revealing at the same time last year’s revenue: EUR370 million. By comparison, more

05.16.2019

Timisoara-based ETA2U, the largest IT integrator outside Bucharest, is aiming for about 20% growth in revenue to more than 260 million lei (EUR55 million) this year, relying on new projects and on more

04.23.2018

The cement market could grow at a rate of only 2% in 2018, according to the estimates of the cement industry association CIROM, as investments in infrastructure will not make significant progress this more

03.29.2018

Huawei’s consumer product division, which handles sales of phones, tablets and wearables, has budgeted growth of 40% to 50% in revenue in Romania for 2018, even higher than last year, when the more

02.16.2018

Major poultry and pork processors are expecting higher revenue in 2018, after having seen their revenue go up in the wake of the 11% rise in consumer spending last year. more

07.13.2016

NN Asigurari, the largest life insurance company in Romania, seeks growth of up to 5% in gross written premiums this year, which means revenue should reach 660 million lei (EUR148 million) at most. NN more

05.26.2014

Financial analysts’ confidence in Romania’s economy reached a new all-time high in April, prompted by positive expectations about its performance in the coming period and the evaluation of the more