09.02.2024

Local accommodation units, mainly made up of hotels and pensions, registered total revenues worth RON10.8 billion in 2023, a record high for the owners on the market, in line with Trade Registry data. more

08.01.2024

Local startup Vatis Tech, which has created a speech recognition software solution, targets 1 million annual recurrent revenues at end-2024, as it has recently launched a new vocal recognition more

01.29.2024

WDP’s Romania projects in 2023 generated revenues of above EUR72 million, in line with the company’s report. more

04.07.2023

Kinderpedia, a digital communication and management solution for schools and kindergartens, plans to triple its revenues this year amid the global expansion of its client base. more

02.20.2023

Almost two-thirds (65%) of Romanian companies expect an increase in their turnover in 2023, while 30.2% expect a turnover similar to that of 2022 and only 4.8% of the respondents expect a decrease in more

02.10.2023

BVB Group, which includes the Bucharest Stock Exchange, the Central Depositary and CCP.RO, in 2022 posted RON56 million operating revenues, 22% higher than in 2021, on the rising revenues on all more

12.14.2022

Nestor, a local startup that developed a people intelligence platform, expects to end 2022 with twice as high revenues as in 2021 as 2022 has been a lucrative year for the company. more

12.14.2022

Cluj-based cosmetics manufacturer Cosmetic Plant reported RON11.9 million turnover last year, 6% above the 2020 level. This is the best level since the company was founded back in 1991. more

12.14.2022

Health insurance provider Signal Iduna plans to increase its revenues by over 15% in 2023, with efforts largely to focus on integrating the two companies it has acquired, namely Erdo Asigurari and more

11.03.2022

Local startup easySales, which which set up an automated B2B management and e-commerce platform, expects to reach annual recurrent revenues of around EUR700,000 at end-2022 as its team is now focusing more

05.17.2022

Patria Bank in 1Q/2022 reported net banking income of RON41.5 million, flat from the year-ago period, determined by the evolution of revenues from financial activity affected by market conditions and more

04.29.2022

Lender Banca Comerciala Romana (BCR), controlled by Erste Group, ended the first quarter of 2022 with net profit worth RON477.5 million (EUR96.5 million), up 12.5% from RON424.6 million (EUR87.0 more

02.28.2022

Real estate developer One United Properties reported revenues worth RON1.1 billion in 2021, up 105%, and net profit of RON506 million, from RON176 million in 2020. more

02.28.2022

Romanian cable maker Iproeb Bistrita ended last year with operating revenue worth RON158 million, up from RON104 million in 2020. more

01.31.2022

Antibiotice Iasi (ATB.RO), the biggest local Romanian-held drug producer, projects total revenues worth RON448 million in 2022, up 15% on the year and net profit of RON32 million, 6% higher than in more

01.24.2022

Romania’s tourism sector in 2021 generated revenues worth $1.1 billion, with the biggest receipts recorded by operators that sold holiday packages, namely travel agencies, and by hotel owners, in more

01.20.2022

BCR, the second biggest bank in Romania by assets, expects operating revenues, profit and assets to increase in 2022, amid stronger lending. more

01.17.2022

Rin Grand Hotel, the hotel of southern Bucharest, a EUR60 million investments, which stirred controversies at its launch in 2017, when the “biggest hotel of Europe” was announced, closed down for more

11.24.2021

Solaris plants are located in Poland, but the company, one of the largest public transportation electric vehicle manufacturers, considers developing new production units and Romania is on the list of more

11.16.2021

Patria Bank ended the first nine months of 2021 with net profit worth RON7.2 million, up 20% from the same period of 2020, mainly supported by the favorable trend of operating revenues and the lower more

11.05.2021

Intesa Sanpaolo Romania, the domestic subsidiary of the Italian bank of the same name, for the first nine months of 2021 reported revenues worth EUR29 million, down 5.2% against the same period of more

10.15.2021

Compania Hoteliera Intercontinental, the company managing Bucharest’s five-star hotel of the same name, ended 2020 with 80% lower revenues on the year and for this year forecasts a 60% drop against more

08.30.2021

Turbomecanica (TBM.RO), Romania’s only maker of turbojet parts and mechanical assemblies for aircraft, in the first six months of this year generated revenues of RON52 million, 3% lower than in the more

02.18.2021

The American Chamber of Commerce in Romania (AmCham Romania) welcomes the fact that the 2021 state budget provides a reduction of direct expenditures and an increase in investments. more

02.15.2021

Swedish-held private medical service provider Medicover, present in Romania through Medicover clinics and the Synevo laboratory division, on Monday reported consolidated revenues of EUR128 million in more