01.29.2021

Mortgage loan volume went up by more than 9.8% or RON8 billion to RON89 billion lei year-on-year in 2020, and lenders offset the decline in consumer loans with the higher sales for buying a home. more

01.28.2021

Home appliances manufacturer Electrolux, which owns a plant in Satu Mare in Romania, posted growth again in 2020, despite the Covid-19 pandemic that wreaked havoc in the economy. more

01.28.2021

Deliveries contributed more than 20% to the revenue of restaurants, coffee and cake shops, so Romanian consumers spent about EUR500 million in 2020 to get the food, coffee and cakes they would more

01.28.2021

The loan volume was lower than the savings consumers and companies kept in banks in 2020, as the loan growth rate slowed down, and the speed of deposits is more than double the increase in loans. more

01.21.2021

Farmec Cluj-Napoca, the largest local cosmetics manufacturer, has budgeted small growth in revenue for this year, but higher than the overall market’s. more

01.20.2021

Cleaning products group Interstar Chim has seen its sales surge during the pandemic, when people bought a lot of household cleaning and personal care products, i.e. soap and sanitizer. more

01.20.2021

Construction group Apolodor posted growth of 6% in revenue to 91 million lei in 2020 but is cautious about this year’s results. more

01.18.2021

Romania has lowered its economic growth projection for 2021 to 4.3%, from a previous forecast of 4.5%, according to a forecast of the National Strategy and Prognosis Commission. more

01.18.2021

The new year started with big orders of farm inputs, the budget scenario is optimistic, and growth should reach 20% in 2021, say the officials of integrated agricultural group Rodbun, whose operations more

01.06.2021

Sales of ready meals will amount to more than 400 million lei in 2021, following 13% growth year-on-year, market research company Euromonitor estimates show. more

01.05.2021

Romania’s economy will grow in 2021 but will not reach the 2019 level. However, not all sectors will feel it, since sectors like hospitality and food service industry and travel will remain more

12.29.2020

Energy drinks market continued to grow in Romania in 2020, amid rising appetite of consumes for such drinks. Consumption of energy drinks stood at more than 35 million liters or about 1.8 liters per more

12.29.2020

The courier industry has witnessed significant growth in the past decade, going from 875 million lei revenue in 2008 to more than RON4 billion ten years later, according to the National Statistics more

12.28.2020

The year 2020 was a really good year, given the 220% rise in revenue compared with 2019, despite the challenges of the COVID-19 pandemic and the drought, says Adrian Cocan, chief executive officer of more

12.24.2020

Retailer Mega Image will end the year with another sound growth of its sales, but CEO Mircea Moga says this year, marked by the COVID-19 pandemic, was a year of change and challenges. more

12.23.2020

Alexandrion Group, the largest spirits producer in Romania, estimates gross revenue of EUR100 million in the country in 2020. more

12.23.2020

The number of pretzel, pastry and doughnut shops in Romania has increased six times to 3,800 since 2009, ZF has calculated from the data of the country’s National Sanitary Veterinary and Food Safety more

12.16.2020

Banks in Romania granted 3.9 billion lei in new leu loans to companies in October, an increase of RON1.3 billion or 50.5% on the year-ago month. Corporate lending reached the highest level of the year more

12.15.2020

The growth of online sales amid the COVID-19 pandemic also shows in the revenue of Farmacia Tei, which got 18% of it via online sales this year, double as much as in 2019. more

12.11.2020

Delphi Diesel Systems Romania, the local subsidiary of US’ Delphi group, posted 2.23 billion lei (EUR471.2 million) revenue in 2019, an increase of merely 1% year-on-year, ZF has calculated from more

12.11.2020

Romanian-held furniture manufacturer Aramis has seen unexpected sales growth during the pandemic starting July, which led to an increase in the number of employees by 500. more

12.10.2020

Private healthcare operator Gral Medical, the fifth largest on its market by sales, posted more than EUR33 million revenue in the first ten months of the year and expects to end the year with EUR40 more

12.10.2020

Computer and electronics retailer Flanco has budgeted growth for next year, after 2020 has been a good year for its industry, since Romanian consumers spent more time at home and bought products to more

12.07.2020

Retailer Profi, held by buyout investor Mid Europa Partners, will end the year with almost EUR2 billion (more than 9 billion lei) sales, following more than 20% growth in 2020. more

12.03.2020

Pet food and other care product sales will increase by 13% to almost 3 billion lei this year, data provided by market research company Euromonitor show. While many sectors of the economy have seen a more