08.29.2023

Danube freight carrier Transport Trade Services (TTS) recorded group-wide revenue of RON571.5 million in first half of 2023, 42% above the same period in 2022, it said it its first half financial more

08.16.2023

Hidroelectrica (H2O.RO), Romania's largest electricity producer and the latest company to go public on the Bucharest Stock Exchange, posted almost RON4 billion net profit in the first half, up 46% more

08.16.2023

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, more

08.14.2023

Antibiotice Iasi (ATB.RO), the most important Romanian producer of generic drugs, recorded sales of RON315.9 million in the first half of 2023, a 27% increase compared with the first half of 2022, more

08.14.2023

Aluminum accessories supplier Alumil Rom Industry (ALU.RO) posted RON55.65 million revenue from sales in the first half of the year, up 6% from RON51.5 million in the same period of 2022, the company more

08.14.2023

Iproeb Bistrita (IPRU.RO), one of the largest local manufacturers of electrical cables and conductors, ended the first six months of 2023 with RON5.74 million net profit, up 18.1% compared with the more

08.10.2023

OTP Bank Romania recorded a consolidated net profit of RON183 million in the first half of 2023, driven by an increase in operating profit and positive credit risk costs, as the bank posted RON14 more

08.09.2023

Travel agencies ended 2022 with RON5 billion revenue, a record high for the local market, Trade Register data show. more

08.07.2023

Bistrita-based car battery manufacturer Rombat, controlled by the South African group Metair, posted about RON504.5 million (EUR102.3 million) revenue in 2022, up 3% from the RON488.6 million (EUR99.3 more

07.21.2023

Personal net worth in Romania rose at an annual rate of 10.5% in the past five years, to $200 billion and is expects to continue to growth by around 7% by 2027, overshooting the growth rate of Eastern more

07.20.2023

Paper packaging manufacturer Segezha Packaging switched from profit to loss in 2022, but its revenue increased by 31% to RON102.6 million, almost 20% of which generated by exports. The company expects more

07.19.2023

Passenger traffic on Romania’s airports was higher in the first half of 2023 than in the same period of 2019. Contrary to expectations, however, the growth drivers were the regional airports and not more

07.19.2023

Romanian-held Ducfarm pharmacies and the pharmaceutical wholesaler by the same name posted more than RON628 million revenue together in 2022, up 20% from the previous year, Finance Ministry data show. more

07.19.2023

Arcada Company, the largest construction company in Galati County and one of the builders of the Cluj-Napoca subway, ended 2022 with record high revenue, RON533 million, an increase of 62% more

07.19.2023

The volume of construction works in Romania rose by 19.9% in May from April 2023, in gross series, and by 3.7% when adjusted to the number of working days and seasonality, in line with data from the more

07.19.2023

Romania continues to rank 14th in the EU by the number of new cars registered in January-June, with a volume of 73,645 units, up 25.4% from the year-earlier period, of which 6,998 were full-electric more

07.18.2023

Constanta-based Europack Media, a manufacturer of baby wipes established by local entrepreneurs, ended the first half with 25% higher revenue and if the growth pace remains unchanged, it will be more

07.17.2023

Astra Vagoane Calatori, one of the biggest players on the local rolling stock market, controlled by Valer Blidar, ended last year with RON225 million revenue and expects it to go up to RON400 million, more

07.17.2023

The four-star Iaki Hotel in the Mamaia resort, owned by former football player Gheorghe Hagi, posted RON23.7 million revenue last year, up 38% from the previous year's RON17.2 million, official data more

07.13.2023

Havi Logistics, one of the largest transportation and logistics companies in Romania and one of the largest operators in the world for quick service restaurant and convenience food brands, posted more

07.13.2023

Electronics retailer Flanco ended the first half of 2023 with RON600 million sales, up 30% from the year-earlier period. more

07.12.2023

Agro-Chirnogi, one of the biggest players in the Romanian agribusiness sector, which grows corn, wheat, barley, rapeseed, soybean and alfalfa on about 10,000 hectares in Calarasi County, posted RON1.6 more

07.12.2023

The number of employees in Romania planning to change jobs in the next 12 months increased in 2023, with 18% of respondents to the current edition of the PwC Hopes & Fears Workforce survey expressing more

07.10.2023

Cargill Agricultura, one of the largest grain traders in Romania, ended 2022 with RON5.59 billion revenue, a 35% increase on the previous year, Finance Ministry data show. The company's profit more

07.07.2023

Romania’s statistics board INS upwardly reviewed the country’s economic growth for the first quarter of 2023 against the fourth quarter of 2022, to 0.2%, from 0.1% in June, but also against the more