04.17.2024

Air Claim (CLAIM.RO), a company that helps people get compensations for delayed or canceled flights, posted RON3.15 million net profit in 2023, an increase of 93.2% from the RON1.63 million of 2022. more

04.16.2024

Deltaica Seafood, which sells canned and prepared fish, ended 2023 with RON40 million revenue, a slight increase over 2022 and has budgeted a 20% increase for this year, its officials say. more

04.15.2024

Farmacia Tei and Bebe Tei, one of the most dynamic businesses on the local market, will overshoot the RON2 billion revenue mark in 2024, company officials say, who budgeted a 20% increase over 2023. more

04.11.2024

Builder SSAB AG of Bacau, which built the Ikea store in Timisoara and several plants and warehouses, posted 51% growth in revenue to RON599.7 million in 2023, the latest data on the Finance Ministry more

04.11.2024

Astra Vagoane Calatori, one of the biggest players on the local rolling stock market, held by Valer Blidar, ended last year with over RON600 million revenue, more than double the previous year. more

04.10.2024

The four-star Cismigiu Hotel in Bucharest, one of landmark buildings of the city, held by Spain’s Hercesa, has budgeted for 3% higher revenue for 2024, up from EUR1.9 million in 2023, which was more

04.08.2024

TehnoWorld, a Suceava-based company that manufactures polyethylene pipes, increased its revenue by 5% to RON434.4 million in 2023 compared with the previous year, latest data available on the Finance more

04.08.2024

The five-star, 270-room Sheraton Hotel in Bucharest expects revenue to increase 10% to 15% in 2024 compared with 2023, when the results were close to the 2019 level, a reference year in tourism. more

04.01.2024

MedLife (M.RO), the largest private medical operator in Romania, has outlined its main directions for 2024 and wants to achieve a consolidated revenue target of more than RON2.6 billion, up 18% on more

03.27.2024

Electrical equipment distributor Promelek XXI in Cluj-Napoca, part of the Spanish group Elektra, posted about EUR44 million revenue for 2023, up 10% compared with the previous year, when its revenue more

03.21.2024

Cluj-based Ambulance and special vehicle maker Deltamed ended 2023 with about EUR36 million revenue, an increase of 88% on the previous year, as a result of higher number of projects and a five-fold more

02.23.2024

Electricity and electrical equipment producer Electromagnetica (ELMA.RO) made a net loss of RON31.7 million for 2023, from a profit of RON23 million in 2022, the company said in a report to the more

02.23.2024

Aerostar Bacau (ARS.RO), a supplier of aerostructures, components, assemblies for hydraulic systems for global manufacturing programs, posted RON93 million net profit in 2023, 3% higher than in 2022. more

02.23.2024

Transilvania Broker de Asigurare (TBK.RO), one of the largest insurance brokers in Romania, ended 2023 with a net profit of RON7.6 million, down 34.3% compared with 2022, on operating revenue of more

02.22.2024

Telekom Romania Mobile (TKRM), the fourth mobile telephony operator in Romania, posted EUR77.5 million revenue in the fourth quarter of 2023, up 6.2% year-on-year, mainly reflecting the sharp increase more

02.21.2024

The salt mines managed by Salrom – Slanic, Targu Ocna, Cacica, Ocnele Mari and Praid, generate 10% of the revenue of the company. Salrom posted ROM498 million revenue in 2022, according to the more

02.21.2024

La Mama restaurant chain started by entrepreneur Catalin Mahu 25 years ago ended 2023 with 15% higher revenue than in 2022. Trotter Restaurant, the operator of the business ended 2022 with RON22.7 more

02.20.2024

Corteva Agriscience, a producer of agricultural seeds and plant protection products saw its business in Romania and the Republic of Moldova increase by 23% in 2023 compared with 2022. more

02.01.2024

Romanian tea producer Kalpo, which has been selling teas made in Buzau under the Vedda brand for more than three decades, posted 8% increase in revenue in 2023 compared with the previous year. more

01.30.2024

Skatepark and playground builder Sport Play Systems in Turda, Cluj County, held by local entrepreneurs Adrian Silagyi and Mihai Balas, ended 2023 with RON30.3 million (EUR6.1 million) revenue. more

01.30.2024

State-run national grid company Transelectrica (TEL.RO) estimates total revenue to reach RON5.3 billion in 2024, compared with a preliminary figure of RON4.7 billion in 2023, a potential increase of more

01.29.2024

Boglar Champ, which cultivates mushrooms in the village of Nusfalau, Salaj County, ended last year with RON134 million (EUR27 million) revenue, up 20% on the previous year, and estimates a more

01.26.2024

Electrical power producer Hidroelectrica (H2O.RO), the most profitable state-owned company in Romania, included a preliminary net profit of RON6.02 billion for 2023 in its 2024 spending and revenue more

01.24.2024

Industrial ventilation equipment manufacturer Ruck Ventilatoare in Tarnaveni, Mures County, the local subsidiary of the Germany’s Ruck Ventilatoren GmbH, ended 2023 with a more than EUR27 million more

01.23.2024

Natural gas transmission company Transgaz (TGN.RO) set RON2.06 billion as „operating revenue” in its spending and revenue budget for 2024, which means a 19.2% increase on the estimated 2023 more