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The still high interest rates and continued lending aided Romania banking sector generate an RON11.5 billion record high net profit in the first nine months of 2024, up around 10% from the gain more

11.19.2024

Arad-based electronic components manufacturer Systronics, held by Swiss group Cicor, posted RON431.3 million (EUR87.2 million) revenue in 2023, down slightly from the previous year’s RON435.2 more

11.19.2024

Insulating panel maker Isopan ESt, with a plant in Popesti-Leordeni, ended 2023 with a turnover of RON469.9 million (EUR95 million), down nearly 15% from RON552.7 million (EUR112 million) reported in more

11.19.2024

tbi bank, which operates on several markets including Romania, ended the first nine months of 2024 with EUR38 million net profit, 34% higher than in the year-ago period, and operating income of EUR186 more

11.15.2024

Fondul Proprietatea (FP.RO) ended the first nine months of 2024 with RON209.6 million net profit, compared with a loss of RON968.9 million in the year-ago period. Gross dividend income stood at more

11.15.2024

Auto parts maker Compa Sibiu (CMP.RO) posted net profit of just over RON5 million in January-September 2024, down to half of the year-ago period’s level. more

11.15.2024

THR Marea Neagra (EFO.RO), which manages several hotels on the Romanian Black Sea coast, posted RON9.1 million net profit in the first nine months of 2024, half as much as in the year-ago period more

11.15.2024

Winemaker Purcari (WINE) posted RON262 million revenue in the first nine months of 2024, an increase of 4% year-on-year, while the net profit went down 1% to RON43.3 million, the group said in a more

11.15.2024

Hidroelectrica (H2O.RO), Romania's largest electricity producer and the largest company listed on the Bucharest Stock Exchange, ended the first nine months of 2024 with a net profit of RON3.5 billion, more

11.14.2024

AROBS Transilvania Software (AROBS), the largest technology company listed on the Bucharest Stock Exchange, posted consolidated revenue of RON306.2 million in the first nine months of 2024, down 5% more

11.14.2024

Biodegradable and compostable packaging manufacturer Promateris (PPL.RO) posted a net profit of RON649,000 in the first nine months of 2024, up from a loss of RON4.4 million in the same period of more

11.14.2024

Pre-cast concrete part manufacturer Prefab Bucuresti (PREH.RO), controlled by entrepreneur Petre-Marian Milut through Romerica International, posted RON67 million revenue in the first nine months of more

11.13.2024

Lidas, a company held by entrepreneur Elena Anastase, which owns an industrial bakery in Mineri, Tulcea County, and its own network of stores, posted RON163.5 million (EUR33 million) revenue in 2023, more

11.12.2024

Simtel Team (SMTL.RO), an engineering and technology group listed on the Main Market of the Bucharest Stock Exchange and a national leader in renewable energy, posted RON172.3 million consolidated more

11.08.2024

Banca Transilvania (TLV.RO), the largest lender in Romania, posted RON3.9 billion consolidated net profit in January-September, an increase of 70% on the year-ago period, while operating income was more

11.05.2024

Europack Media, a Constanta-based manufacturer of wet wipes established by local entrepreneurs, will overshoot the RON100 million revenue mark this year, an increase of 30% on the previous year, its more

11.04.2024

Focsani-based textile manufacturer Pandora Prod, owned by the Simiz family, posted RON292.2 million (more than EUR59 million) revenue in 2023, up almost 35% from the previous year’s RON216.6 million more

10.17.2024

Romanian-held agribusiness group Rodbun Grup posted RON795.6 million (EUR160.8 million) revenue in 2023, up 9.3% from the previous year’s RON727.4 million (EUR147.5 million), according to ZF’s more

10.08.2024

The overall turnover of companies holding the top ten spots in the National Ranking of Companies compiled by the Chamber of Commerce and Industry of Romania (CCIR) reached EUR270.56 billion in 2023, more

09.27.2024

Romanian retail, agriculture and food entrepreneurial group Agroland Business System (AG.RO), which owns the largest network of farm supply stores in Romania, ended the first half of 2024 with more

09.26.2024

Prodvinalco (VAC.RO), a company majority-owned by Mircea Todea, Vasile Albon and Marcel Hosu, posted RON11.2 million net profit in the first half of 2024, 43% higher than in the year-ago period. more

09.24.2024

Entrepreneurial company 2B Intelligent Soft (BENTO.RO) posted RON12.1 million net profit in the first half of 2024, an increase of 106% on the year-ago period, while operating revenue increased by 93% more

09.05.2024

Softbinator Technologies (CODE.RO) a Romanian provider of full software development services (product management, product design, software development, AI/ML development and product marketing) posted more

09.02.2024

tbi bank, a provider of alternative payment solutions, which operates in Romania, Bulgaria, Greece, Germany and Lithuania, ended the first half of 2024 with EUR23.2 million net profit, an increase of more

09.02.2024

Local accommodation units, mainly made up of hotels and pensions, registered total revenues worth RON10.8 billion in 2023, a record high for the owners on the market, in line with Trade Registry data. more