03.05.2020

TotalSoft, one of the most important providers of business IT systems in Central Europe, part of Turkey’s Logo group since 2016, posted more than EUR22 million revenue in 2019, almost 20% higher more

03.04.2020

Construction company Procema of businessman Sorin Creteanu (photo) posted 360 million lei (EUR76 million) revenue in 2019, a 15% increase on the previous year. The net profit stood at RON22 milion. more

03.02.2020

The 800 pharmacy chain Catena, the largest actor on the pharmaceutical retail market in Romania, posted 4.7 billion lei (some EUR1 billion) sales in 2019, 17% higher than in 2018. more

02.27.2020

Logiscool, an educational business that has been in Romania for about two years, has grown to 35 centers in the country, with 15 more scheduled for opening in 2020. more

02.17.2020

French-held L’Oreal, which has import, wholesale and retail operations in Romania, posted double-digit growth in revenue last year and will continue at the same rate in 2020. more

02.14.2020

Romania had the second-biggest economic growth in the European Union in the fourth quarter of 2019, with 4.1% on annual basis, after Hungary (4.6%) but ahead of Bulgaria and Poland (3.5% each), more

02.14.2020

Ducfarm, a medium-sized local retail chain with 22 pharmacies in three counties, posted 220 million lei (EUR46 million) sales in 2019, 12% higher than in 2018. more

02.14.2020

Romania's gross domestic product grew 4.1% in 2019 compared with 2018, a flash estimate from the country's statistics board showed Friday. more

02.14.2020

Romania’s cosmetics and personal care products market came close to 5 billion lei (more than EUR1 billion) last year, having grown by about 9% over 2018, ZF has found from the data supplied by more

02.14.2020

Grocery retail will reach almost EUR25 billion in 2024, but the growth pace of the market is expected to slow down as of this year. more

02.13.2020

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02.13.2020

New consumer and mortgage loans in lei and euros taken by consumers from banks reached a new peak in 2019, 36.9 billion lei (EUR7.74 billion), RON1.1 billion more than in 2018 and over RON2 billion more

02.11.2020

The retailers in the Baneasa Shopping City mall in northern Bucharest posted EUR285 milion sales together in 2019, 10% higher than in 2018. The figure does not include the sales of the Carrefour more

02.10.2020

Paint, coatings and other construction materials manufacturer Daw Benta, held by entrepreneur Remus Aurel Benta, posted consolidated revenue of EUR29.3 million in the three countries it operates in more

02.07.2020

Apemin Tusnad, one of the largest water bottlers in Romania, has invested EUR4 million in a new mineral water bottling line, which boosts its production capacity by 40%. more

02.06.2020

Winemaker Jidvei, one of the largest in Romania, ended last year with about 10% higher revenue, its officials said. more

02.04.2020

Construction materials manufacturer AdePlast, whose sale to Switzerland’s Sika was announced in 2019, posted 500 million lei (more than EUR100 milion) revenue last year, an increase of 5% over 2018. more

02.03.2020

Pharmaceutical retailer Farmacia Tei, which operates six pharmacies in all, ended 2019 with 598 million lei (EUR125 million) sales, an increase of 33% on the previous year, the company founder Roxana more

02.03.2020

Wholesale chain Metro Cash & Carry saw its sales increase at a double-digit rate in 2019, the second year in a row of such growth. more

01.30.2020

OTP Bank Romania, the subsidiary of the largest banking group in Hungary, could reach some 3% market share in Romania in 2020, as the bank pursues its strategy to grow its market share to 5% in five more

01.28.2020

Discount retail chain Lidl, which has more than 260 stores in Romania, saw its sales increase four times faster than the overall market’s in 2019, as a result of fast-paced expansion, adjustment of more

01.23.2020

Help Net pharmacy chain, the fourth largest actor on the market by sales, ended 2019 with 18% higher sales year-on-year, the company officials say, or more than 780 million lei (EUR163 million), more

01.23.2020

French-held Auchan group, which has been operating in Romania for almost 15 years, posted single-digit growth in this country last year, which means the sales stood at almost RON6 billion, according more

01.21.2020

Apemin Tusnad, a top ten natural mineral water bottler, ended 2019 with growth of about 12% year-on-year to 64.3 million lei (more than EUR13 million) revenue, the data supplied by the company show. more

01.20.2020

Cristian Erbasu, owner of construction company Constructii Erbasu, has budgeted 1.03 billion lei (EUR217 milion) revenue for 2020, over 20% more than last year’s level. more