05.18.2021

Parcel delivery company DPD Romania, one of the largest on the local market, posted more than RON257 million revenue last year, an increase of almost 40% on the RON184 million of 2019. more

05.18.2021

Romania registers the fastest economic recovery in history after the biggest economic crisis of the past hundred years, Romanian prime minister Florin Citu said Tuesday after official data showed the more

05.18.2021

Romania's gross domestic product grew 2.8% in real terms in the first quarter of 2021 compared with the fourth quarter of 2020, a flash estimate from the country’s statistics board showed Tuesday. more

05.18.2021

Austrian-held builder PORR Construct almost doubled its revenue in Romania year-on-year in 2020. It posted RON845.5 million revenue, as well as 40% higher profit to RON23.5 million, while the average more

05.14.2021

Sanador, the fourth leading actor on Romania’s private healthcare market, ended 2020 with RON407 million revenue, an increase of 14% on the previous year, ZF has calculated from the data the company more

05.12.2021

Romania's gross domestic product is forecast to grow by 5.1% in real terms in 2021 and by 4.9% in 2022, the European Commission said in its Spring 2021 Economic Forecast released Wednesday. more

05.11.2021

Toy wholesaler EduClass doubled sales to RON17 million year-on-year in 2020. The growth driver was the online sales, since the COVID-19 pandemic kept kids indoors. more

05.07.2021

Prutul, one of the largest producers of vegetable oil in Romania, based in Galati, made almost RON16 million net profit in 2020, three times higher than in 2019, financial analysis platform more

05.06.2021

Retail pharmacy chain Medimfarm posted RON128 million sales in 2020, 13% higher than in 2019, Finance Ministry data show. more

04.29.2021

L’Oréal Romania posted an increase in sales in 2020 despite the pandemic that led to a decline of the cosmetics and care product market. It also budgeted double-digit growth this year. more

04.29.2021

Eyewear retailer Videt posted RON12 million sales in 2020, an 80% increase year-on-year, and expects sales to at least double this year, says founder Alexandru Alecu. more

04.28.2021

Corporate loans have become the lending driver in Romania, with the volume going up 14.4% to RON81.9 billion in March over the year-ago month. more

04.26.2021

Pharmaceutical wholesaler Novoline ended 2020 with some RON160 million revenue, an increase of 30% on 2019. more

04.22.2021

Paper packaging manufacturer Segezha Packaging posted growth of 20% in revenue to RON75.9 million in 2020, Finance Ministry data show. This is its highest growth in revenue in a decade. more

04.22.2021

Face mask and other medical products manufacturer Coramed ended 2020 with RON16.6 million revenue, an increase on the RON7.2 million of 2019, Finance Ministry data show. more

04.20.2021

ASBIS Romania, the local subsidiary of Cyprus-based IT product distributor ASBIS, ended 2020 with EUR45.85 million revenue, an increase of 29% on the previous year, fueled by the greater demand for IT more

04.16.2021

Retailer Profi held by buyout investor Mid Europa Partners, seeks to expand to 2,500 stores by 2024, as well as attain RON20.5 billion sales and 23.9% market share, a report of the company shows. more

04.15.2021

The beer industry, put at more than EUR1 billion a year and a consumption of 85 liters per capita a year, was less hurt in Romania than in other countries in 2020 because the decline in on-premise more

04.14.2021

AAylex Group, one of the leading actors in the poultry industry in Romania, set out to attain growth of 20% in 2021, following the addition of new products and development of sales. more

04.13.2021

Romanian-held Vexio, an online retailer of consumer goods, computer and electronics products, home and garden products and school supplies, expects a 25% increase in sales to EUR25 million this year, more

04.08.2021

In a year when the pandemic ravaged Romania’s economy, construction material manufacturers posted growth, as the industry was one of the few that kept working almost as usual in 2020. more

04.06.2021

The International Monetary Fund (IMF) on Tuesday revised upwards its forecast on Romania’s economic growth to 6% in 2021, from a previous projection of 4.6% in its October 2020 report. more

04.06.2021

Furniture manufacturer Sortilemn Gherla, one of the most important Romanian suppliers of the IKEA group, expects growth of 10% in revenue year-on-year in 2021, following expansion and development of more

03.26.2021

Romania’s largest cosmetics manufacturer Farmec Cluj should see growth in the summer, says chief executive officer Mircea Turdean. more

03.12.2021

The surge in demand for toys in 2020 as the pandemic kept people indoors led to a rise in the sales of the companies in this business, and Lego even posted 13% growth globally, the company’s report more