08.26.2021

Dialysis service provider Diaverum Romania, ended 2020 with RON338 million revenue, an about 10% increase on 2019, Finance Ministry data show. more

08.23.2021

Romania’s smartphone market continues to grow and should reach EUR1.2 billion by yearend, as people allocate higher and higher budgets for premium models, since the smartphone has become a device more

08.23.2021

Transport Trade Services (TTS.RO), the largest freight carrier on the Danube, on Monday announced it concluded the first half with RON27.3 net million profit, an increase of 44.4% on the year-ago more

08.10.2021

Grain trader COFCO International Romania (formerly Nidera), part of China’s largest agri-food group COFCO, posted its highest profit ever, almost RON60 million, in 2020, five times higher than in more

08.10.2021

Romania’s grain production could reach 34.16 million tons in the 2021 farming year, four times higher than in 2007, when the country joined the EU, says Cezar Gheorghe, founder of agribusiness more

08.05.2021

Damen Galati shipyard, one of the largest in Romania, posted 70% higher revenue year-on-year, RON806 million in 2020, Finance Ministry data show. more

07.30.2021

Polish footwear retailer CCC, which manages the brand by the same name and other brands, posted PLN122.6 million (RON132 million) sales in Romania in the first quarter of its 2021 financial year more

07.23.2021

Private lending grew by 1.4% in nominal terms and 1.1% in real terms to RON300.3 billion in June compared with May, central bank data showed Wednesday. more

07.23.2021

The residential development of Romania’s top cities is uneven, as the latest publicly available information from the National Statistics Institute show. more

07.23.2021

German-held Metro Cash & Carry group has budgeted double-digit growth in revenue year-on-year in 2021. Its officials say they are optimistic about the second half after the first half performance. more

07.23.2021

Romanian households’’ net wealth has increased 1.9 times in the past decade, going from RON1,274 billion in 2011 to an all-time high of RON2,414 billion (almost EUR500 billion) in 2020. more

07.22.2021

Bergenbier, one of the largest brewers in Romania, ended 2020 with more than RON653 million revenue, Finance Ministry data show, some RON2 million more than in 2019. The profit stood at RON20.5 more

07.21.2021

The value of the cars put up for sale on Romania’s largest online car marketplace Autovit.ro reached EUR1.65 billion in the first half, 40% higher on the year-ago period. more

07.19.2021

Optical Investment Group (OIG), held by private equity firm Innova, expects more than RON135 million revenue by yearend, an increase of 30% on 2020, when it stood at RON105 million. more

07.16.2021

Clinica Sante, one of the largest private laboratory clinic networks in Romania, saw its revenue go up 23% year-on-year to RON147 million in 2020, ZF has found from publicly available data. more

07.15.2021

Only ten out of 25 construction companies with more than RON100 million revenue, which had doubled revenue in 2019, posted growth again in 2020. more

07.14.2021

Pharmaceutical producer Tis Farmaceutic, which owns a plant in Bucharest, ended 2020 with RON24.2 million revenue, an increase of 6% on 2019, ZF has calculated based on publicly available data. more

07.14.2021

Bucharest-based builder BTD Construct & Ambient SRL posted RON206 million revenue in 2020, an increase of 23% year-on-year, Finance Ministry data show. more

07.08.2021

Romania's gross domestic product grew 2.9% in real terms in the first quarter of 2021 compared with the fourth quarter of 2020, provisional (2) estimates from the country's statistics board INS showed more

07.08.2021

Carmo-Lact Prod (Bistrita-Nasaud) dairy producer posted more than RON132.7 million (EUR27.5 million) revenue last year, an increase of 26% year-on-year, ZF has calculated from Finance Ministry data. more

07.07.2021

The European Commission expects Romania's economy to grow 7.4% this year and 4.9% in 2022, following better than expected first quarter performance. more

07.07.2021

The COVID-19 crisis was less severe than bankers feared, and the current scenario is even better than their most optimistic expectations. more

07.06.2021

Grocery retail chain Mega Image ended last year with RON7.2 billion sales, an increase of almost 9% on 2019, driven by both offline expansion by almost 90 stores and the growth of the online more

07.02.2021

Mortar, paint and base coat manufacturer Baumit, held by Austria’s Schmid Industrie Holding, saw its revenue increase 12% to RON335 million in 2020, Finance Ministry data show. The profit stood at more

06.30.2021

Window and door solutions manufacturer Rehau posted growth of 14% in sales in the first quarter of 2021 and intends to keep the same growth rate for the rest of the year. more