05.23.2022

2021 was the best of the past five years for Romania’s M&A market in terms of the number of sealed deals. more

05.20.2022

Nestle’s turnover in Romania last year topped the RON1 billion threshold for the first time after sales rose by 10.5% vs 2020, in line with ZF calculations based on company data. more

05.20.2022

While health services related to the pandemic were no longer in demand by patients in the last three months, Centrul Medical Provita posted a 15-20% increase in the first quarter of this year from the more

05.20.2022

Automobile Dacia, Romania’s biggest exporter and the engine of its industry, returned into the black in 2021 and posted RON21.4 billion turnover, up 17% from 2020, in line with a company report. more

05.18.2022

Zentiva (SCD.RO) the largest pharmaceutical producer with facilities of its own in Romania, ended the first quarter of 2022 with growth of 7% in revenue to RON169.2 million, compared with the same more

05.16.2022

Aaylex Agro cooperative in Buzau, the largest agricultural cooperative in Romania by revenue in the last two years, increased its revenue 38% to RON232 million 2021, according to calculations made by more

05.12.2022

The operating revenue of the Bucharest Stock Exchange increased by 70% in 1Q/2022, to RON9.86 million, amid the doubling of trading revenue, both on the main stock market, and from offerings. more

05.10.2022

CER Cleaning Equipment in Arges County, the company that Germany’s Kärcher uses for its Romanian manufacturing operations of, posted RON575 million revenue in Romania in 2021, an increase of 54% on more

05.09.2022

The Romanian subsidiary of the European IT group Cegeka ended 2021 with growth of 18% in revenue and expects growth of 28% for 2021. It also plans to hire at least 200 people in Romania and 75 in the more

05.04.2022

Raiffeisen Bank posted RON218 million net profit in the first quarter of 2022, an increase of 10% on the first quarter of 2021. more

05.03.2022

Craiova-based Softronic, the only manufacturer of electric multiple units and locomotives in Eastern Europe, ended the first quarter of 2022 with of growth of 52% on the year-ago period, the company more

05.03.2022

Romania’s national commission for prognosis and statistics in its spring report revised downward its projection for the country’s economic growth for 2022 to 2.9% from a previous projection of more

04.29.2022

Agricover Group, the leader of the agribusiness market in Romania, ended 2021 with RON1.71 billion revenue, an increase of 50% year-on-year, as a result of an increase in market shares, it said in a more

04.29.2022

Erste Group, which owns Romanian lender Banca Comerciala Romana, on Friday published a report on the economy of the Central and Eastern European countries, in which it revised its forecast for more

04.28.2022

Romania’s National Commission for Strategy and Prognosis (CNSP) has published the new economic growth forecast for 2022. The new economic growth the government expects is 2.9% instead of the 4.3% in more

04.28.2022

ABN Systems International (ABN.RO), the owner of the Tellur brand, ended 2021 with RON108.7 million (EUR22 million) revenue, an increase of 16.2% on the previous year, while the net profit rose 67.8% more

04.27.2022

Romania’s private healthcare market has been among the most dynamic fields in the past two pandemic years, but inflationary pressures are building and estimates point to a single-digit increase this more

04.26.2022

LPP group, active in the mass market fashion field, in 2021 generated turnover of around EUR190 million in Romania, 83% higher than in 2020, in line with ZF calculations based on the company’s more

04.20.2022

The International Monetary Fund (IMF) has lowered its economic growth projection for Romania to 2.2% for 2022 from a previous projection of 4.8% made in October 2021, the Fund said in the April 2022 more

04.14.2022

Half of the local financial-banking analysts expect Romania's annual inflation rate to range between 8% and 10% at the end of 2022 and 35% expect an inflation rate above 10%, as per a survey by the more

04.11.2022

Automotive component supplier Eckerle Automotive, the local subsidiary of the German Eckerle Group, posted RON229.7 million (EUR46.7 million) revenue in 2021, up 20% on the previous year, ZF has more

04.11.2022

The real estate market ended 2021 with a sense of optimism, which continued into the first quarter of 2022, with total investment volume reaching EUR98.6 million, a 75% increase over the first quarter more

04.11.2022

OTP Bank said in a report on Monday that Romania’s economic recovery is seen slowing substantially in 2022 and the country’s GDP growth is expected to stay below 2% in 2022 as inflation erodes more

04.11.2022

The World Bank downwardly revised its growth forecast for Romania's economy to 1.9% for 2022 from a previous projection of 4.3% in January, as per a report analyzing Ukraine war fallout over Eastern more

04.07.2022

Polyethylene pipe manufacturer TehnoWorld based in Suceava, northern Romania, posted RON309 million revenue in 2021, an increase of 18% on the previous year, Finance Ministry data show. The profit more