05.16.2022

Alro Slatina, one of the largest vertically integrated aluminum smelters in Europe and the largest electricity consumer in Romania, posted RON18 million losses in the first quarter, down from the more

05.12.2022

The operating revenue of the Bucharest Stock Exchange increased by 70% in 1Q/2022, to RON9.86 million, amid the doubling of trading revenue, both on the main stock market, and from offerings. more

05.10.2022

CER Cleaning Equipment in Arges County, the company that Germany’s Kärcher uses for its Romanian manufacturing operations of, posted RON575 million revenue in Romania in 2021, an increase of 54% on more

05.09.2022

The Romanian subsidiary of the European IT group Cegeka ended 2021 with growth of 18% in revenue and expects growth of 28% for 2021. It also plans to hire at least 200 people in Romania and 75 in the more

05.03.2022

Craiova-based Softronic, the only manufacturer of electric multiple units and locomotives in Eastern Europe, ended the first quarter of 2022 with of growth of 52% on the year-ago period, the company more

04.29.2022

Agricover Group, the leader of the agribusiness market in Romania, ended 2021 with RON1.71 billion revenue, an increase of 50% year-on-year, as a result of an increase in market shares, it said in a more

04.28.2022

Romania’s largest cosmetics manufacturer, Farmec Cluj-Napoca, posted RON285 million revenue in 2021, an increase of 8.4% on 2019 and 1.2% lower than in 2020, when sanitizers carried the weight the more

04.28.2022

ABN Systems International (ABN.RO), the owner of the Tellur brand, ended 2021 with RON108.7 million (EUR22 million) revenue, an increase of 16.2% on the previous year, while the net profit rose 67.8% more

04.26.2022

Orange, the leader of the telecom market in Romania posted consolidated revenue (for Orange Romania, Orange Romania Communications and Orange Money) of EUR384 million in the first quarter, the group more

04.20.2022

Amigo & Intercost, a beverage distribution company based in Odorheiu Secuiesc, Harghita County, posted RON12.3 million (EUR2.5 million) net profit in 2021, up 47% from the almost RON8.4 million more

04.14.2022

Softbinator Technologies (CODE.RO), a Romanian software developer specializing in designing, developing and launching innovative products, has published its 2021 report and kept the budget estimates more

04.13.2022

Schaeffler Romania, the local subsidiary of Germany’s Schaeffler Group, posted revenue of RON2.6 billion (EUR528.5 million in 2021, as well as net profit of RON96.7 million (EUR19.7 million) and had more

04.11.2022

Automotive component supplier Eckerle Automotive, the local subsidiary of the German Eckerle Group, posted RON229.7 million (EUR46.7 million) revenue in 2021, up 20% on the previous year, ZF has more

04.07.2022

Austria’s Wienerberger Group, which manufactures construction materials, posted some EUR105 million revenue in Romania in 2021, its last year’s sustainability report says. more

04.07.2022

Polyethylene pipe manufacturer TehnoWorld based in Suceava, northern Romania, posted RON309 million revenue in 2021, an increase of 18% on the previous year, Finance Ministry data show. The profit more

04.06.2022

Rail freight carrier LTE Rail Romania, part of the Austrian LTE Group, ended last year with RON33.9 million revenue, up from RON23.9 million in 2020, publicly available data show. The company posted more

04.06.2022

Prysmian's Slatina electrical and fiber-optic cable plant, part of the Italian Prysmian group, ended last year with sales of EUR287.4 million, up 29% on the previous year, and budgeted for growth this more

03.28.2022

Hidroelectrica, Romania's largest electricity producer and the most profitable state-owned company, has budgeted total revenue of RON7.4 billion for 2022, up 11% from 2021, while net profit is more

03.28.2022

Romanian e-commerce platform Gomag recorded more than EUR2 million revenue at the end of 2021, up by about 45% compared with the previous year, and expects similar growth in 2022, the company said in more

03.28.2022

Pharmaceutical manufacturer Biofarm (BIO.RO) expects 16% higher revenue compared with RON239 million of 2021, as well as 15% higher EBITDA from about RON82 million last year. more

03.22.2022

Romanian software solution development and implementation company and IT and Cloud infrastructure provider Bento (BENTO.RO) ended 2021 with RON27.3 million revenue, an increase of 78% year-on-year and more

03.22.2022

Pharmaceutical wholesaler Mediplus Exim, part of the A&D Pharma group, controlled by Penta Investments, increased its revenue by 15% to RON4.6 billion in 2021, the company said. more

03.17.2022

Dr. Max brand, introduced by the private equity firm Penta Investments on the market in 2020, after the acquisition of Sensiblu pharmacies, generated RON2.3 billion revenue in 2021, after an increase more

03.16.2022

Transport and logistics company Ignite Logistic, based in Sibiu, ended last year with RON40 million revenue, up from the RON35.6 million in 2020, its officials said. It expects revenue to increase by more

03.15.2022

Timisoara-based fuel wholesaler Artoil, held by Alexandra and Alex Bunceanu, estimates EUR200 million revenue for 2022, up 38% compared with last year, ZF has calculated from the data the company more