05.29.2024

Cargus, one of the biggest actors on the parcel delivery market in Romania, has overshot the RON500 million revenue mark for the first time ever. Last year, it posted RON508 million revenue, an 8% more

05.29.2024

Hidroelectrica (H2O.RO), the largest electricity producer in Romania and the largest company listed on the Bucharest Stock Exchange, has proposed a revision of the budgeted figures for 2024 to its more

05.28.2024

Technology company Cegeka Romania, the local subsidiary of the Belgian IT group by the same name, posted EUR60 million revenue in 2023, up almost 30% from the previous year, its representatives said more

05.27.2024

ING Bank Romania posted total revenue of RON877 million in the first quarter, up 11.2%, and net profit of RON347 million, 1% higher than in the year-ago period, the bank said on Monday. more

05.23.2024

2B Intelligent Soft SA (Bento, Intellectually Curious - BENTO.RO) a Romanian entrepreneurial company that provides software development services and IT infrastructure and Cloud services, posted more

05.23.2024

Geological surveying company Prospectiuni Bucuresti (PRSN.RO) ended the first quarter of 2024 with RON3.5 million net profit, an increase of 177% on the year-ago period, while revenue was 15% lower, more

05.22.2024

Germany’s Bosch Group ended fiscal 2023 with RON2.5 billion (EUR516.2 million) consolidated sales in Romania, the same as in 2022. more

05.21.2024

Local IT&C company certSIGN, which provides cybersecurity and electronic signature services among others, posted RON102.3 million revenue in 2023, up 33% from the previous year, Finance Ministry data more

05.17.2024

Sole Mizo Romania, part of Hungary’s Bonafarm group, posted RON167 million revenue in 2023, down 5% from the previous year, Finance Ministry data show. more

05.16.2024

BRK Financial Group (BRK.RO), the only stockbroker listed on the Bucharest Stock Exchange, posted RON62,000 net profit in the first quarter of 2024, due to diverging developments of two business more

05.14.2024

Construction company CML.RO in Beclean, Bistrita-Nasaud County, owned by entrepreneurs Mihaela and Vasile Ros, posted RON185.7 million (EUR37.6 million) revenue in 2023, up by about 16% on the more

05.14.2024

AROBS Transilvania Software (AROBS.RO), the largest technology company listed on the Bucharest Stock Exchange, posted RON105 million consolidated revenue in the first quarter of 2024, slightly down by more

05.14.2024

SIPEX (SPX.RO), one of the largest distributors of building materials and finishes in Romania, with 27 years in business on this segment, posted RON69.3 million revenue in the first quarter of 2024, more

05.13.2024

Five-star Grand Hotel Italia in Cluj, part of the Italian Select Hotels Group chain, is aiming for RON40 million revenue in 2024, up from RON35 million in 2023, following the opening its spa. more

05.08.2024

Lensa, one of the most important players in the Romanian eyewear market, recorded last year revenues of more than RON207 million, up 54%, and reached a network of 81 stores, after opening 47 in 2023. more

05.07.2024

AAylex ONE of Buzau, the company behind the Cocorico poultry brand, posted RON43 million net loss in 2023, 60% lower than in 2022, Finance Ministry data show. more

04.30.2024

Chemicals producer and supplier Chimcomplex Borzesti (CRC.RO) has budgeted RON80.5 million net profit for 2024, up 7.3% compared with last year, when it shrank from RON266 million to RON75 million. more

04.30.2024

Baneasa Developments, the company that manages the Baneasa Shopping City mall in the northern part of Bucharest, has reached a record profit margin of more than 60% after ending 2023 with a RON170.7 more

04.29.2024

Teilor Holding SA, a group of companies that includes the Teilor luxury jewelry chain, the non-bank financial company Invest Intermed GF IFN, Invest Intermed Gold, a company that sells gold jewelry, more

04.25.2024

Autotehnorom, a construction company in Suceava owned by the Ripan family, posted about RON200.9 million (EUR40.6 million) revenue in 2023, down 25.5% from the previous year’s RON270 million more

04.24.2024

Romanian restaurant chain Spartan posted EUR48 million revenue in 2023 and plans to expand with up to 50 locations in the near future, even abroad. more

04.23.2024

The Cluj-based cosmetics manufacturer Farmec ended 2023 with about 20% growth in revenue to RON358 million (more than EUR71 million), after entering new market segments, expanding its retail chain and more

04.18.2024

Construction company CON-A Operations in Sibiu, the main entity of the CON-A Group of entrepreneur Mircea Bulboaca, ended 2023 with about RON772.6 million (EUR156.2 million) revenue, an increase of more

04.17.2024

GLS General Logistics Systems Romania, part of the group of the same name, held by UK’s Royal Mail, posted RON365.4 million (EUR73.9 million) revenue in 2023, up 5.5% compared with the previous more

04.17.2024

Maspex Romania, producer of such brands as Tymbark, Salatini, Bucovina and Arnos, ended 2023 with RON1.15 billion (EUR234 million) revenue, up more than 12% from the previous year, Finance Ministry more