10.24.2023

Grain producer Prodcereal in Calarasi County, majority owned by Vasile Stoica (73%) and Lucia Stoica (27%), posted RON93.4 million (EUR19 million) revenue in 2022, up 147% from the previous year’s more

10.23.2023

Criboser of Oradea, the second most dynamic road haulage company by last year's growth in revenue, expects to approach the EUR50 million mark by the end of the year, its officials say. more

10.18.2023

Kromberg & Schubert Romania NA, a manufacturer of wiring for the automotive industry and electrical systems and the local subsidiary of Germany’s Kromberg & Schubert Group, posted RON176.2 million more

10.16.2023

The factoring market exceeded the EUR4 billion mark at the end of the first half of 2023, up almost 10% versus the year-earlier period, with domestic factoring operations nearing EUR3.5 billion, up more

10.12.2023

Romania's statistics board INS on Thursday (Oct 12) reconfirmed the country's gross domestic product (GDP) growth of 1.7% in real terms (in unadjusted data) in the first half of 2023 versus the same more

10.10.2023

The International Monetary Fund (IMF) predicts an economic growth of 2.2% for Romania in 2023, lower than in its previous spring projection of 2.4%, according to its latest report released on Tuesday more

09.29.2023

IT group Arobs Transilvania Software (AROBS.RO) posted consolidated revenue of RON241.1 million in the first half of 2023, an increase of 90% on the year-ago period. more

09.28.2023

Zarea, one of the most important players on the alcoholic beverages market in Romania, posted RON167.7 million (EUR34 million) revenue in 2022, up 14.8% compared with the previous year’s over RON146 more

09.27.2023

TMD Friction Romania, which owns the Textar brake pads brand, posted RON311.8 million (EUR63.2 million) revenue in 2022, up 20% compared with the previous year’s RON259.7 million (EUR52.8 million), more

09.27.2023

Devero Impex posted RON16.5 million (EUR3.3 million) revenue in 2022, up 16.3% on the previous year’s RON14.1 million (EUR2.8 million), ZF has calculated from Finance Ministry data. more

09.27.2023

Agroserv Mariuta (MILK.RO), a Romanian agricultural company and owner of the Laptaria cu Caimac dairy brand, posted sales of RON36.3 million in the first half of 2023, an increase of 23% compared with more

09.27.2023

Romania’s economy will expand by only 1.8% in 2023, European Bank for Reconstruction and Development economists forecast. The projection was downwardly revised from an initial 2.5% one. more

09.26.2023

Romanian-owned steel pipe distributor Comtech Co posted RON154.4 million (EUR31.3 million) revenue in 2022, an increase of 34.3% on the previous year’s almost RON115 million (EUR23.4 million), ZF more

09.25.2023

Jacobs Douwe Egberts Ro, the local subsidiary of the group of the same name, posted RON526.2 million (EUR106.7 million) revenue in 2022, up 14% from the previous year’s about RON462.5 million (EUR94 more

09.21.2023

French executive François Bloch, appointed to run BRD-SocGen in 2016, is leaving his position on September 26, 2023, to pursue other opportunities inside the Société Générale Group. more

09.20.2023

Prodal 94, a major producer on the spirits market, ended 2022 with RON175.5 million (EUR35.6 million) revenue, up 50.7% from the previous year’s RON116.5 million (EUR23.7 million), according to more

09.20.2023

2B Intelligent Soft (BENTO.RO), a Romanian entrepreneurial company specializing in development and implementation of software solutions and the provision of IT and Cloud infrastructure services, more

09.19.2023

Cluj-based AB Systems, which specializes in making RFID and barcode tags, posted more than EUR2.7 million revenue in the first half and the full-year target is EUR5.6 million, an increase of 7.5% on more

09.18.2023

Low and medium-voltage equipment supplier Electro-Alfa International posted RON261.5 million (EUR53 million) revenue in 2022, an increase of about 70% on the RON154,1 million (EUR31.3 million) of more

09.14.2023

Over 56,000 new limited liability companies (LLCs) have been registered from the beginning of 2023 until present, as the small business sector in Romania has traditionally been highly dynamic, with more

09.13.2023

Meat processor Vanbet based in Vaslui (East of Romania), controlled by entrepreneur Fanel Bogos, posted RON397.7 million (EUR80.6 million) revenue in 2022, an increase of about 43% on the previous more

09.11.2023

Global technology and software company Emerson, part of the US Emerson Group, posted RON1.396 billion (EUR283.3 million) revenue in 2022, up 29.3% on the previous year, according to ZF calculations more

09.07.2023

Romania’s gross domestic product (GDP) grew by 1.7% in real terms (in unadjusted data) in the first half of 2023 compared to the same period of 2022, and by 2.8% in seasonally adjusted data, data more

09.06.2023

Business software developer Wizrom Software ended 2022 with more than EUR1.37 million revenue, an increase of over 8% year-on-year, Finance Ministry data show. more

08.31.2023

Oil drilling company Foraj Sonde Videle (FOJE.RO) posted RON77.1 million revenue in the first half of 2023, up from RON46.7 million in the same period of 2022 and went from a loss of RON2 million to a more