04.06.2023

PVC and aluminum windows and doors manufacturer Optimedia ended 2022 with EUR67 million revenue, up 50% compared with the previous year, the company said. more

04.05.2023

Real estate investments in the first quarter of 2023 topped EUR153 million, up 72% from the same period of last year, reveals an analysis by Fortim Trusted Advisors, a member of the BNP Parisbas Real more

04.04.2023

“Avram Iancu” international Airport of Cluj saw about 600,000 passenger traffic in the first quarter of 2023, an increase of 6% on the first quarter of 2019, the best in the history of the Cluj more

04.04.2023

2Performant (2P.RO), a technology company and the leader of the affiliate marketing market in Romania, announced sales generated by its own platform reached EUR28.8 million (excluding VAT) in the more

04.04.2023

Ropharma pharmacy chain, indirectly controlled by businessman Mihai Miron, has budgeted turnover worth above RON597 million in 2023, up 7% on the year. more

03.30.2023

Investment fund manager SAI Certinvest saw 3.9% growth in net assets in the first two months of 2023 compared with December 2022 and a 217% increase in the number of new active investors, the company more

03.30.2023

The ten largest banks by assets in Romania increased their assets at different paces in 2022, going from 5% to 56%, while the net assets of the entire banking system increased by almost 10% to a 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

03.27.2023

Romania’s operating leasing market in 2022 rose in line with the automotive market, going beyond 80,000 units under management, representing an increase by over 4,000 cars, 5% respectively, from more

03.23.2023

Automotive components supplier Eckerle Automotive, the local subsidiary of Germany’s Eckerle Group, posted RON253.3 million (EUR51.4 million) revenue in 2022, up by about 10% compared with the more

03.22.2023

Automobile Dacia's revenue went up by 20% to RON26.7 billion or EUR5.2 billion in 2022, higher than even in 2019, despite lower production than that year, the carmaker says in its report. more

03.22.2023

ABN Systems International (ABN.RO), which distributes IT&C products and accessories and owns the Tellur brand, estimates the call center market in Romania may grow by 15% in 2023, as most companies in more

03.20.2023

Romanian technology and consulting company Softelligence, which develops and implements digital transformation solutions in finance-banking and insurance industries mainly, ended 2022 with EUR18.5 more

03.16.2023

The factoring market reached EUR7.85 billion in 2022, marking a record high increase of 30% on the year, with domestic factoring operations accounting for EUR6.78 billion, up 35% from 2021, the more

03.15.2023

Belgian-held drywall products maker Etex Building Performance (formerly Siniat Romania) posted RON357 million revenue in Romania in 2022, an increase of 21% year-on-year. The growth came from an more

03.15.2023

Timisoara is becoming a weekend destination now that it is European capital of culture this year, and organizes events on weekends, which is a big plus for tourism, says entrepreneur Marius Cristescu, more

03.13.2023

Banks in Romania granted more than RON3.3 billion worth of new loans in lei to companies in January 2023, an increase of 17.9% on December 2022 and on the year-ago month. more

03.13.2023

Road freight transport company Sorcani, based in Sibiu, ended 2022 with RON77.5 million (EUR16 million) revenue, an increase from the RON55 million of 2021, its officials said. more

03.13.2023

Cigarette wholesaler Punctual Comimpex, based in Cluj-Napoca, estimates this year’s revenue to reach RON1 billion (approximately EUR200 million), an increase of more than 9% on 2022, ZF has more

03.10.2023

Net investments carried out in the Romanian economy totaled RON150098.8 million in 2022, up 8.5% against 2021, in line with data the country’s statistics board INS published on Friday. more

03.09.2023

The mergers and acquisitions market in Romania, in terms of deals signed and concluded, reached EUR5.4 billion in 2022, higher than the pre-pandemic level of EUR5.2 billion of 2019, as a result of the more

03.08.2023

Among the European Union Member States, the highest economic growth in the fourth quarter of 2022 compared to the third quarter of 2022 was recorded by Greece (1.4%), Malta (1.2%), Cyprus (1.1%) and more

03.08.2023

Romania's gross domestic product (GDP) grew by 4.8% in real terms (in unadjusted data) in 2022 as compared to 2021, provisional (1) estimates from the country’s statistics board INS showed on more

03.07.2023

Technology company Qualitance ended 2022 with EUR17.5 million revenue, an increase of about 35% on 2021, higher than expected. 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