12.07.2021

Stera Chemicals, one of the largest importers and distributors of chemical raw materials in Romania, posted EUR35 million revenue in the first nine months of this year, an increase of more than 120% more

12.07.2021

Ramnicu Valcea-based Don Pedro, a major producer of tissue paper, in 2020 generated RON133 million turnover, up 17%, placing it among the most dynamic companies in industry. more

12.07.2021

Romania’s statistics board INS on Tuesday (Dec 7) reconfirmed the country’s economic growth at 7.1% in real terms (in unadjusted data) for the first nine months of 2021, which was mainly backed by more

12.06.2021

Astra Vagoane Calatori, one of the biggest players on the local rolling stock market, controlled by Valer Blidar, will end this year with RON300 million revenue, compared with RON192 million the more

12.06.2021

Groupama Asigurari, the Romanian subsidiary of the French group of the same name, saw the volume of gross underwritten premiums go up by 15% in the first nine months of this year, to around RON870 more

12.06.2021

Safety Broker, Romania’s biggest insurance broker, was sold to Poland's Unilink, the biggest insurance brokerage group in Central and Eastern Europe (CEE).. more

11.26.2021

Romania’s bike industry has grown almost tenfold in 10 years. Over 1,700 people in 2020 manufactured RON1.3 billion worth of bikes, in line with a ZF analysis based on Trade Registry data. more

11.25.2021

Constanta-based wet wipe manufacturer Europack Media ended last year with RON70 million revenue, up from RON38.3 million in 2019, publicly available data show. more

11.24.2021

Furniture producer Laguna Euromob of Vadu Izei, Maramures county, founded in 1994 by Mircea Adrian Oros, ended last year with RON60.6 million turnover, up 46.4% on the year, thus being among the 15 more

11.18.2021

The ten most valuable companies in Romania’s economy are valued at EUR56.5 billion in 2021, over 90% more than last year. more

11.17.2021

Romania had the biggest economic growth in the European Union in the third quarter of 2021, with a year-over-year increase of 8% in seasonally adjusted data, considering that the EU average was 3.9%, more

11.16.2021

Lender Banca Comerciala Romana has lowered its economic growth projection for Romania to 6.4% in 2021, versus 7.4% previously, after the country’s statistics board INS revised its GDP data on more

11.16.2021

Lender Raiffeisen Bank has revised downwards its economic growth projections for Romania to 6.2% from 7.5% previously after the country’s statistics board INS released the GDP data for the third more

11.16.2021

Romania’s national commission for prognosis and statistics kept its projections for the country’s GDP growth at 7% in 2021, but it revised downwards its GDP forecast for 2022, at 4.6%, from 4.9% more

11.16.2021

Romania's gross domestic product (GDP) grew 7.2% in real terms (in unadjusted data) in the third quarter of 2021 as compared with the third quarter of 2020, and by 8.0% in seasonally adjusted data, more

11.15.2021

Zarea, one of the most important players in the alcoholic beverages market in Romania, posted of RON110.4 million (EUR22.9 million) revenue in 2020, up 10% compared with the RON 100.5 million (EUR21.2 more

11.11.2021

The revenue of pharmaceutical company Antibiotice Iasi stood at RON245 million in January-September, an increase of 21% on the year-ago period, its report to the Bucharest Stock Exchange shows. more

11.09.2021

McKinsey Global Institute estimates in a report that better health could add $26 billion to the Romanian economy by 2040, a 9% boost to GDP that translates into 0.4% faster growth every year. more

11.05.2021

Romania’s outsourcing industry can reach 208,000 employees in 2022, after an almost 17% increase, namely 30,000 persons, in line with data provided by the Association of Business Service Leaders in more

11.05.2021

Sweets producer Pan Food Sibiu ended last year with RON20 million (EUR4.2 million) revenue, up 1% year-on-year, ZF has calculated from Finance Ministry data. more

11.04.2021

The European Bank for Reconstruction and Development (EBRD) on Thursday (Nov 4) revised upwards its forecast on Romania’s economic growth to 7.2% in 2021 and 4.4% in 2022. more

11.01.2021

Arges-based Forte Vita Farm, developed by pharmacist Cristiana Ungureanu, posted turnover worth almost RON20 million, 17% higher than in the previous year. more

10.27.2021

Computer and electronics retailer Altex will end 2021 with higher growth in sales than 24% of last year. more

10.25.2021

Romania’s courier services market is expected to expand this year as well, with growth seen at around 15%. more

10.19.2021

Parcel delivery company Dynamic Parcel Distribution (DPD), one of the largest such companies in Romania, budgeted growth of 20% year-on-year in 2021 and so far it has met its target. However, the more