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

Telecommunications operator Digi Communications (DIGI.RO) posted total revenue of EUR809.3 million in the first half of 2023, an increase of 12.9% on the corresponding period of 2022, while the profit more

08.14.2023

Nuclear power producer Nuclearelectrica, which operates the nuclear power plant in Cernavoda, ended the first half with RON3.7 billion operating revenue and RON1.28 billion net profit, 5.6% higher more

08.14.2023

The accommodation market made a record profit of RON2 billion in 2022, which means a profit margin of 20%, a very high level for an industry where costs are quite high. Few industries manage to reach 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

07.20.2023

Vimercati East Europe, which makes electromechanical and electronic components in a factory in Bacau County, posted RON328.4 million (EUR66.6 million) revenue in 2022, down 2% from the previous more

07.18.2023

2022 brought fewer companies on Romania’s hotel market, but profit hit a five-year high, of RON1.5 billion, in line with Trade Registry data. more

07.13.2023

Electronic components manufacturer Helbako Electronica, the Romanian subsidiary of Germany’s Helbako GmbH, posted about RON176 million (EUR35.6 milion) revenue in 2022, an increase of 37% on the 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

07.04.2023

Grain trader Ameropa Grains, who is the market leader in Romania, ended 2022 with RON8.57 billion revenue, an increase of 51% year-on-year, ZF has calculated from Finance Ministry data. more

06.28.2023

Romania's central bank reported a profit of RON1.08 billion for 2022, lower by 46.3% than the level reported in 2021. more

06.15.2023

Ursus Breweries, the beer market leader, posted RON2.279 billion (about EUR462 million) revenue in 2022, up more than 6% from the previous year, Finance Ministry data show. more

06.14.2023

Household appliances manufacturer Electrolux Romania, the local subsidiary of Swedish group Electrolux, posted about RON883.9 million (EUR179.2 million) revenue in 2022, down 18% from the RON1.080 more

06.13.2023

Rolling stock manufacturer Astra Rail Industries, which controls the railroad car manufacturers Astra Vagoane Arad, Romvag (Caracal) and Meva (Turnu Severin), with a history of over 100 years, posted more

06.13.2023

BT Capital Partners, the brokerage division of the Banca Transilvania (TLV.RO) financial group, recorded a net profit of RON5.7 million last year, 42.6% below the RON10 million of 2021, according to more

06.13.2023

Sortilemn (Gherla, Cluj County, NW Romania), one of the most important suppliers of Sweden’s IKEA, posted RON195.3 million (EUR39.6 million) revenue in 2022, an increase of 6.5% on 2021, ZF has more

06.12.2023

Microsoft Romania posted its lowest profit in 20 years in 2022 – RON1.57 million, a decline of 96% on the previous year. more

06.06.2023

Intesa Sanpaolo Romania, the local subsidiary of Italy’s banking group by the same name, posted EUR2 million net profit in the first quarter of 2023, a report of its parent group shows. more

06.01.2023

Paval Holding, the special purpose vehicle of brothers Adrian and Dragos Paval, posted RON1.7 billion revenue and RON1.52 billion net profit in 2022. In comparison, the company, which its owners also more

05.30.2023

China’s Huawei saw growth in Romania in 2022 despite the restrictions it is facing on the 5G technology segment and the decline of the smartphone business due to being denied access to hardware and more

05.29.2023

Therme Nord Bucuresti, the operator of the relaxation complex Therme on the outskirts of Bucharest, posted RON175.3 million revenue in 2022, an increase of 140% on 2021, Finance Ministry data show. more

05.23.2023

Tire maker Pirelli Tyres Romania, the local subsidiary of Italy’s Pirelli, currently owned by state-run China National Chemical, posted RON4.388 billion (EUR889.8 million) revenue in 2022, an more

05.22.2023

Net profit at the level of the Romanian banking system at the end of the first quarter of 203 hit a new record high, of almost RON3.4 billion, up around 70% from the gain reported for 1Q/2022. more

05.18.2023

Romaqua Group, the largest Romanian-held beverage business, ended 2022 with more than RON948 million (more than EUR192 million) revenue, an increase of almost 9% year-on-year, Finance Ministry data more