10.15.2020

Furniture manufacturer Simex, based in Simleu Silvaniei (Salaj County, NW Romania), posted more than 35.1 million lei (EUR7.4 million) revenue in 2019, an increase of 18% on the previous year, ZF has more

10.14.2020

Schaeffler Romania, the local subsidiary of Germany’s Schaeffler group, ended the first half with growth of 8% in revenue on the year-ago period. Schaeffler Romania expects 10% decline in the second more

10.13.2020

Sales of fast-moving consumer goods varied a lot from week to week in Romania in the first nine months of the year, depending on the latest developments on the market, the steps taken by the more

10.12.2020

Home appliances wholesaler Marelvi Impex in Radauti, Suceava, posted more than 328.2 million lei (EUR69.3 million) revenue in 2019, about 26% higher than in 2018, ZF has calculated from Finance more

10.12.2020

Legrand Romania, the subsidiary of France’s Legrand group, a global electrical and digital building infrastructure specialist, ended last year with growth of 6% in revenue to more than 115.7 milion more

10.09.2020

Vanbet, a poultry producer in Vaslui (eastern Romania) held by entrepreneur Fanel Bogos, ended last year with 219 million lei (some EUR46 million) revenue, an increase of 5% on 2018. more

10.08.2020

Farm and forestry equipment manufacturer IRUM held by the Oltean family in Reghin, expects growth of 10% in revenue this year from last year’s about 87 million lei (EUR18.4 million), according to more

09.29.2020

Greek-held Jumbo, the largest toy retailer in Romania, posted EUR53.7 million sales in the first half, an increase of 3% on the year-ago period, ZF has calculated from the company’s financial more

09.25.2020

Romanian consumers bought almost 130 million worth of Albatros home appliances last year, an increase of 16.5% on 2018. The revenue of Smart Electro-Distribution, the operator of the Albatros business more

09.25.2020

Romanians took out almost 1.29 billion worth of new mortgage loans in lei in July, the highest level in seven months, and also 5% higher than in July 2019. more

09.22.2020

Panemar, a bread and pastry brand established by entrepreneur Nicolae Chiorean in Cluj in 1993, posted 89 million lei sales in 2019, an increase of 17% on the previous year, Finance Ministry data more

09.18.2020

BSH Electrocasnice part of Germany’s Bosch group sold 285 million lei worth of washing machines, cookers, and refrigerators in Romania last year, an increase of 15.6% on 2018. more

09.16.2020

Bucharest-based Ideal Tech, which operates online computer and electronics store Ideall.ro, ended 2019 with growth in sales again, through the growth slowed down, Finance Ministry data show. more

09.15.2020

Padova Agricultura, the largest rice producer in Romania, ended 2019 with 42 million lei revenue, an increase of 37% on the previous year. more

09.14.2020

Albalact, the largest actor on the dairy market in Romania, ended last year with 672 million lei (some EUR140 million) revenue, an increase of 8.3% on the previous year, ZF has calculated from Finance more

09.11.2020

Cluj-Napoca based cigarette wholesaler Punctual Compimpex posted 320.2 million lei (EUR66 million) sales in the first half, an increase of about 10% on the year-ago period. more

09.10.2020

Quadrant Amroq Beverages, the bottler of the PepsiCo beverages in Romania, posted 1.06 million lei (some EUR220 million) revenue in 2019, an increase of 9.8% on 2018, financial analysis platform more

09.09.2020

ETI European Food Industries, the company operating the production facility of Turkey’s ETI group in Craiova, ended 2019 with 94.4 million lei (some EUR20 million) revenue, an increase of 70% on the more

09.08.2020

Carrier Skiptrans posted more than 333.9 million lei (EUR70.5 million) revenue in 2019, an increase of 17% on 2018, Finance Ministry data show. more

09.07.2020

Orkla Foods, one of the largest local producers of canned food, posted 11.4% rise in revenue to 238 million lei last year, Finance Ministry data show. It also ended 2019 in the black, with RON6 more

09.03.2020

Home appliances production in Romania increased to over 6 billion lei last year, 8.5% more than in 2018, but was driven only by some companies. more

09.02.2020

IT security solutions provider Bitdefender, one of the best known Romanian tech brands worldwide and the largest local software developer posted about 1 billion lei (EUR200 million) revenue as a more

09.01.2020

The number of new homes delivered in Bucharest and Timisoara in 2019 more than doubled compared with 2017. more

08.28.2020

About 70% of the medium-sized agribusiness companies in Romania will remain the same size in the next five years, 25% of them will either become small businesses or microenterprises and only 5% will more

08.26.2020

Romania’s banking system posted about 2.8 billion lei net profit in the first half and assets rose to a new peak, RON518.5 billion, following an average increase by 6% in lending, Romania’s more