07.23.2021

German-held Metro Cash & Carry group has budgeted double-digit growth in revenue year-on-year in 2021. Its officials say they are optimistic about the second half after the first half performance. more

07.23.2021

Romanian households’’ net wealth has increased 1.9 times in the past decade, going from RON1,274 billion in 2011 to an all-time high of RON2,414 billion (almost EUR500 billion) in 2020. more

07.22.2021

Bergenbier, one of the largest brewers in Romania, ended 2020 with more than RON653 million revenue, Finance Ministry data show, some RON2 million more than in 2019. The profit stood at RON20.5 more

07.21.2021

The value of the cars put up for sale on Romania’s largest online car marketplace Autovit.ro reached EUR1.65 billion in the first half, 40% higher on the year-ago period. more

07.19.2021

Optical Investment Group (OIG), held by private equity firm Innova, expects more than RON135 million revenue by yearend, an increase of 30% on 2020, when it stood at RON105 million. more

07.16.2021

Clinica Sante, one of the largest private laboratory clinic networks in Romania, saw its revenue go up 23% year-on-year to RON147 million in 2020, ZF has found from publicly available data. more

07.15.2021

Only ten out of 25 construction companies with more than RON100 million revenue, which had doubled revenue in 2019, posted growth again in 2020. more

07.14.2021

Pharmaceutical producer Tis Farmaceutic, which owns a plant in Bucharest, ended 2020 with RON24.2 million revenue, an increase of 6% on 2019, ZF has calculated based on publicly available data. more

07.14.2021

Bucharest-based builder BTD Construct & Ambient SRL posted RON206 million revenue in 2020, an increase of 23% year-on-year, Finance Ministry data show. more

07.08.2021

Romania's gross domestic product grew 2.9% in real terms in the first quarter of 2021 compared with the fourth quarter of 2020, provisional (2) estimates from the country's statistics board INS showed more

07.08.2021

Carmo-Lact Prod (Bistrita-Nasaud) dairy producer posted more than RON132.7 million (EUR27.5 million) revenue last year, an increase of 26% year-on-year, ZF has calculated from Finance Ministry data. more

07.07.2021

The European Commission expects Romania's economy to grow 7.4% this year and 4.9% in 2022, following better than expected first quarter performance. more

07.07.2021

The COVID-19 crisis was less severe than bankers feared, and the current scenario is even better than their most optimistic expectations. more

07.06.2021

Grocery retail chain Mega Image ended last year with RON7.2 billion sales, an increase of almost 9% on 2019, driven by both offline expansion by almost 90 stores and the growth of the online more

07.02.2021

Mortar, paint and base coat manufacturer Baumit, held by Austria’s Schmid Industrie Holding, saw its revenue increase 12% to RON335 million in 2020, Finance Ministry data show. The profit stood at more

06.30.2021

Window and door solutions manufacturer Rehau posted growth of 14% in sales in the first quarter of 2021 and intends to keep the same growth rate for the rest of the year. more

06.28.2021

Audit, tax and advisory services company Mazars Romania posted RON43.7 million revenue last year, an increase of 25% year-on-year from the RON34.9 million of 2019, the company said in a reply to more

06.21.2021

The pet food and related product market in Romania overshot the RON3 billion mark for the first time, gaining 23% in 2020, a year when people spent more time at home and many decided to get a pet. more

06.15.2021

Dante International, the company that runs online retailer eMAG, posted RON107.3 million net profit in 2020, an increase of 117% year-on-year, Finance Ministry data show. more

06.15.2021

Coca-Cola HBC Romania, the leader of the non-alcoholic ready-to-drink beverage market in Romania, and Quadrant-Amroq Beverages, the Pepsi bottler, which ranks second among NARTD beverage producers, more

06.11.2021

Arad-based freight carrier International Alexander posted RON432 million revenue in 2020, 7% more than the RON402 million of 2019, Finance Ministry data show. more

06.10.2021

Iasi-based pharmaceutical producer Fiterman Pharma ended 2020 with RON189 million (EUR39 million) revenue, an increase of 36% on the previous year, ZF has calculated from Finance Ministry data. more

06.09.2021

New consumer loans in lei reached more than RON2.52 billion in Romania in April 2021, the highest level in 14 years and 4.3 times higher than in April 2020. more

06.08.2021

Lender Banca Transilvania has revised Romania’s economic growth forecast up to 6% in 2021, the highest level since 2017, from a previous forecast of 5.4%. more

06.08.2021

Greek-held toy retailer Jumbo posted RON826 million sales in 2020, 14% higher than in 2019, Finance Ministry data show. Its profit stood at RON201 million last year. more