02.06.2023

Builder Concelex focused on organizational and operational development, digitalization and team expansion in 2022, and its revenue stood at more than RON500 million, up from the previous year. more

02.03.2023

Sales of over-the-counter (OTC) drugs reached RON6.7 billion (almost EUR1.4 billion) in 2022, up 23% from the previous year, data from market research company Cegedim show. 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

02.01.2023

In 2023, Metro Romania development will be based on three pillars: the expansion of LaDoiPasi franchise (with the network set to go beyond 2,000 stores this year), service digitalization and more

01.23.2023

The Romanian M&A market registered 258 deals in 2022, up 26%, with a total estimated value of $6.6 billion, 10% above the 2021 level, reveals an analysis by EY Romania. more

01.20.2023

Winemaker Purcari (WINE.RO) posted RON302.6 million revenue last year, up 22% on the 2021 figure, above the previously announced guidance of 15%-20%, according to preliminary commercial results more

01.18.2023

The mergers and acquisitions (M&A) market in Romania reached a record high in terms of value and number of transactions in 2022, as the total estimated market value for both disclosed and undisclosed more

01.17.2023

The vast majority (73%) of Chief Executive Officers (CEOs) expect the global economy to shrink in 2023, according to the PwC CEO Survey. more

01.16.2023

Metropolitan Life expects sustainable growth in 2023 as well, after the company has maintained a steady two-digit increase in recent years, Carmina Dragomir, CEO of Metropolitan Life, the second more

01.13.2023

Hospital and medical center network Arcadia, which operates in Moldavia, inaugurated the Medical Rehabilitation Hospital (Spitalul de Recuperare Medicala) in Iasi in 2022, following a more than EUR20 more

01.12.2023

Romania's economy will grow by only 0.5% in 2023, says Wood, the largest brokerage firm in Central and Eastern Europe, in an analysis. However, there may be pleasant surprises, Wood believes. more

01.12.2023

Romania's gross domestic product (GDP) grew by 1.2% in real terms (in unadjusted data) in the third quarter of 2022 as compared to the second quarter of 2022, provisional (2) estimates from the more

01.11.2023

Leroy Merlin, a top three player on the Romanian DIY market by revenue, posted RON3.4 billion sales in 2022, which translates into an increase of more than 30% compared with the previous year, the more

01.11.2023

Romania's economy is expected to grow by 2.6% in 2023 and by 4.2% in 2024, according to the World Bank's Global Economic Prospects report. more

01.10.2023

Precast concrete products manufacturer ASA CONS, based in Turda, ended 2022 with a more than EUR33 million revenue, its best performance ever. the company's history. more

01.05.2023

Last year was a year of extremes for Gusto puffs maker Phoenixy, with unexpected opportunities to boost sales in countries never considered before, when production and revenue went up a lot, while the more

01.05.2023

Industrial production prices increased by 44.8% in Romania in November of 2022 versus the same period of 2021, placing the country third in the European Union, with higher increases recorded only in more

12.30.2022

Banca Transilvania, Romania’s largest lender by assets, has revised its forecast on the evolution of Romania’s economy and sees the country’s GDP growth tempering at 4.6% in 2022 and at 2.4% in more

12.27.2022

Private lending in Romania increased by 13.2% to RON364.4 billion in November compared with the year-ago month, after leu-denominated loans increased by 9.2% and the foreign currency loans expressed more

12.27.2022

The consolidated budget revenue growth slowed down in November, the budget execution report of the Finance Ministry shows. more

12.21.2022

The financing for tech startups in Romania reached EUR226 million in the first ten months of 2022, 36% more than in 2021, despite the high inflation and the macroeconomic situation, a report by more

12.19.2022

DHL, one of the largest actors in the courier service market, will end the year with a rise of 20% in revenue compared with last year, when its revenue stood at RON417 million, Finance Ministry data more

12.14.2022

Health insurance provider Signal Iduna plans to increase its revenues by over 15% in 2023, with efforts largely to focus on integrating the two companies it has acquired, namely Erdo Asigurari and more

12.13.2022

The e-commerce (electronic commerce) market in Romania, which witnessed an unprecedented boom in online sales during the pandemic, saw slower growth in 2022, as it was dominated by trends of more

12.07.2022

Romania had one of the highest annual economic growth rates in the European Union, of 4.7%, in the third quarter of 2022, being outpaced only by Ireland (10.6%), Croatia (5.5%), Cyprus (5.4%), Malta more