06.21.2018

Sibiu-based construction company CON-A ended 2017 with almost 550 million lei (EUR118 million) revenue, up 51% on the previous year, beating local rivals like Bog‘Art, Constructii Erbasu and more

06.20.2018

International fashion retailers are growing fast in Romania while experiencing turmoil abroad. The top five players on the local apparel market – foreign-held giants Inditex (Zara), H&M, Pepco, C&A more

06.14.2018

The ten chains in Romania’s modern grocery retail posted more than 53 billion lei (EUR11 billion) revenue in 2017, 11% above the 2016 level. more

06.13.2018

Romania made important progress in addressing economic imbalances and restoring growth after the global financial crisis, but macroeconomic risks are rebuilding and inflation is reigniting, the more

06.11.2018

The 14 furniture store chain Mobexpert held by entrepreneur Dan Sucu posted more than 433 million lei (EUR95 million) sales in 2017, up about 13% on the previous year, ZF has found from Finance more

06.08.2018

The partnership Generali and UniCredit signed for the Central and Eastern Europe will allow the insurer to sell its policies via the bank’s branches and will make the greatest impact in Romania and more

06.08.2018

Asus Romania, the local subsidiary of the Taiwanese electronics manufacturer, has increased revenue to about EUR130 million in 2017, and its 2018 target is EUR140 million. The company relies on the more

06.07.2018

Romania is an important country to pan-European banking group UniCredit, and the strategy in Romania and the Central and Eastern Europe for the coming period is based on an organic growth scenario, more

06.07.2018

Oscar Downstream, a fuel distributor which mostly sells diesel to commercial customers, ended last year with 2.04 billion lei (EUR431 million) revenue, up 20% on 2016. more

06.06.2018

Romanian building materials distributor Arabesque, based in Galati (SE Romania) and held by Cezar Rapotan, posted growth of 5% in revenue to EUR373.5 million in 2017, according to Finance Ministry more

06.06.2018

Huawei Technologies SRL, the local subsidiary of Chinese smartphone vendor, telecommunications equipment and service provider for telecoms, posted 1.347 billion lei (EUR295 million) revenue last year, more

06.05.2018

The Romanian subsidiary of South-Korea’s Samsung, the leader of the local smartphone and TV set market, saw its revenue increase at a faster rate last year than in the previous year, which put it more

06.05.2018

Aramis Baia Mare, the largest furniture manufacturer and exporter in Romania, posted more than 1 billion lei revenue (EUR215 million) in 2017, 20% higher than in the previous year, following an over more

06.04.2018

Star Assembly, based in Sebes (central Romania), which manufactures the 9G-Tronic automated transmissions used in Mercedes-Benz cars, posted 7.3 billion lei (EUR1.6 billion) revenue in 2017, almost more

06.04.2018

German-held discount store chain Lidl, the third leading retailer in Romania by sales value, posted growth of 17% in revenue to 6.51 billion lei (EUR1.4 billion) in 2017, while profit rose to RON352 more

06.01.2018

Banks have increased their stock of mortgage loans by almost 35% in the past year, which drove the home-buying loans to 42 billion lei (EUR9 billion) at the end of April 2018. more

05.31.2018

Romania’s banking system reaped the rewards of the rise in inflation and interbank rates in the first quarter, so all major players posted significant growth of 8% to 22% of the net interest income more

05.29.2018

Almost 36,000 Romanians had more than EUR100,000 in the bank at the end of 2017 or 39.6 billion lei (EUR8.5 billion), which is RON3 billion more than at the end of 2016, according to a report of more

05.29.2018

Romaqua Group, the leader of the local natural mineral water market and one of the largest actors on the beer and soft drinks markets, posted 725 million lei (some EUR159 million) revenue in 2017, 5% more

05.28.2018

The local subsidiary of US Oracle, one of the largest global suppliers of software and IT equipment, as well as providers of IT services, joined the club of companies with more than 1 billion lei more

05.23.2018

Romanian distributor of lighting fixtures Elbi Electric & Lighting has budgeted 300 million lei (EUR65 million) revenue for 2018, an increase of 23% on the 2017 level, RON245 million. more

05.22.2018

Bosch, global leader in providing technologies and services, ended 2017 fiscal year with consolidated sales of RON1.9 billion (EUR416 million) in Romania, which translates into a strong annual growth more

05.22.2018

US-held Adobe, one of the largest software companies in the world, seeks at least 10% growth in revenue in Romania this year, to more than EUR33 million. more

05.22.2018

Arcadia Hospital in Iasi posted 32.7 million lei (EUR7 million) revenue last year, an increase of 27% on 2016, according to the Finance Ministry data. more

05.21.2018

The largest local banking groups posted 25% to more than 120% higher net profit in the first quarter compared with the year-ago period, while overall lending increased by 6% and the economic growth more