07.05.2021

Retail pharmacy network Ducfarm in Cluj posted RON255 million sales in 2020, an increase of 15% year-on-year, ZF has calculated from Finance Ministry data. more

06.30.2021

Revenues generated by companies in the local IT industry topped RON33 billion in 2020, up 2.5% compared with 2019, an analysis by Termene.ro showed. more

06.25.2021

Ameropa Grains, one of the largest grain traders in Romania, posted RON3 billion revenue in 2020, down 19% on the previous year, ZF has calculated from the data the company supplied. more

06.15.2021

Dante International, the company that runs online retailer eMAG, posted RON107.3 million net profit in 2020, an increase of 117% year-on-year, Finance Ministry data show. more

06.14.2021

Oscar Downstream, the largest entrepreneurial business in the oil product sector in Romania, saw its net profit grow 3.4 times to RON155 million, as the company managed toe expand its customer base more

06.10.2021

Four of the eight projects developed by the Iulius Group of businessman Iulian Dascalu posed losses in 2020, while the other four saw their profits shrink year-on-year in 2020, the data the developer more

06.08.2021

Car battery manufacturer Rombat Bistrita posted RON395.2 million (EUR82 million) revenue in 2020, down about 1% compared with 2019, ZF has calculated from Finance Ministry data. more

06.03.2021

Holcim, HeidelbergCement and Romcim (formerly CRH Ciment) were at the top of the local construction materials market with the Romania subsidiaries, after having posted growth in revenue compared with more

05.28.2021

Lukoil Romania, the company that operates the retail business and the 320 gas stations of Russia’s Lukoil group in Romania, ended last year with RON5.9 billion (some EUR1.23 billion) revenue, a more

05.25.2021

The net profit of Romania’s banking system reached about RON1.89 billion at the end of the first quarter of 2021, 15% higher than in the year-ago period, while assets rose to a peak of RON574.9 more

05.21.2021

Denmark’s Lego posted RON117 million sales in Romania in 2020, 13% higher than in 2019, as well as RON3.1 million profit, Finance Ministry data show. more

05.19.2021

Retail chain Cora ended last year with RON1.6 billion sales, 5.5% lower than in 2019, ZF has calculated from publicly available data. The decline came amid the pandemic but as ZF found, Cora was the more

05.11.2021

Duvenbeck Logistik, one of the largest transport and logistics companies in Romania, ended 2020 with RON326.1 million (EUR67.6 million) revenue, 19% lower than in 2019, when it posted about RON406 more

05.07.2021

Prutul, one of the largest producers of vegetable oil in Romania, based in Galati, made almost RON16 million net profit in 2020, three times higher than in 2019, financial analysis platform more

05.04.2021

Biscuit manufacturer Croco based in Onesti, Bacau County, one of the largest such manufacturers in Romania, posted more than RON38.7 million (EUR8 million) net profit in 2020, an increase of 10% on more

05.04.2021

Banca Comerciala Romana Group (BCR) held by Austria’s Erste Group, ended the first quarter with RON424.6 million net profit, slightly lower than in the year-ago period, while net interest income more

04.28.2021

Shareholders of Banca Transilvania (TLV.RO), the biggest lender in Romania by assets, approved Wednesday a share capital hike of RON573.7 million from the lender's 2020 net profit and granting one more

04.21.2021

NN Pensii, the largest private pension fund manager on the mandatory segment in Romania (Pillar II), reported a net profit of RON44.9 million in 2020, compared with a loss of nearly RON40 million the more

04.15.2021

Amazon Development Center, part of US-held Amazon, the largest online retailer in the world, with offices in Bucharest, Iasi and Timisoara, ended 2020 with more than RON443 million (some EUR90 more

04.07.2021

Romania’s third largest winemaker Cotnari posted almost RON143 million revenue in 2020, about the same as in 2019 but the net profit shrank 20% to RON3.5 million, financial analysis platform more

03.30.2021

Most major lenders in Romania posted lower profits in 2020 compared with 2019 due to the effects of the coronavirus crisis, which required them to set aside higher provisions. more

03.18.2021

The Board of Directors of regional investment fund SIF Oltenia (SIF5.RO) has summoned shareholders on April 28, 2021 to vote on how to distribute the net profit for 2020, in the amount of RON52.2 more

03.05.2021

Almost 60% of the lenders in Romania (20) posted profit in 2020, while 14 were in the red, Romania’s central bank data show. more

02.22.2021

Romania’s banking system (34 lenders) ended 2020 with RON5.14 billion net profit, assets reached a new high and loan-to-deposit and non-performing loan ratios fell compared with 2019, while solvency more

12.31.2020

Romania’s banking system, 34 lenders in all, registered a net profit of nearly RON4.5 billion in January-September 2020, down over 10% compared with 2019, central bank preliminary data show. more