06.27.2023

Romania's road freight transport market saw a slowdown in growth rate between January and June 2023 compared to the same period of 2022, against the background of a decline in volumes, which also more

06.21.2023

Local company Senior Software, which specializes in development and integration of IT systems for business management, recorded RON47 million revenue in 2022, an increase of 27% year on year and more more

06.20.2023

Grup Feroviar Roman, the most important company of the Grampet group, remains the leader of the rail freight transport market, with more than RON1 billion revenue in 2022, compared with RON771 million more

06.20.2023

GSP Offshore, a company controlled by businessman Gabriel Comanescu, ended last year with RON697 million revenue, down by about 12% compared with 2021, and RON16.4 million net profit, according to the more

06.14.2023

Rio Bucovina, a distributor of non-alcoholic beverages and food products, part of the Polish group Maspex, posted RON143 million (EUR29 million) revenue in 2022, up 21% from the previous year, ZF has more

06.12.2023

Cris-Tim Holding, one of the largest meats producers in Romania, ended 2022 with RON878 million revenue, more than 15% higher than the RON754 million of 2021, the data the company supplied for ZF’s more

06.12.2023

Affidea Romania, the largest actor on the medical imaging services market in Romania, ended 2022 with RON270 million revenue, an increase of 20% on the previous year, the data the company supplied for more

06.12.2023

The overall turnover of the top largest players in Romania modern retail, which have more than 4,000 stores together, for the first time neared the RON100 billion threshold last year after an 18.5% more

06.08.2023

US-held paint producer PPG Romania posted RON357 million revenue in 2022, following a 17% increase in sales, while profit went up, as well, to more than RON50 million and the average number of more

06.08.2023

Romania’s gross domestic product grew by 2.3% in real terms (in unadjusted data) in the first quarter of 2023 as compared to the first quarter of 2022, due primarily to commerce, IT&C, constructions more

06.07.2023

TotalSoft, one of the largest software developers in Romania, saw a significant rise in sales in the first quarter of 2023, the company said in a release. more

06.06.2023

Carmo-Lact Prod (Bistrita-Nasaud), which makes the Monor dairy products, posted RON209.4 million (EUR42.2 million) revenue in 2022, an increase of more than 32% on the previous year, ZF has calculated more

05.30.2023

JW Marriott Hotel in Bucharest doubled its revenue to RON154 million in 2022, Finance Ministry data show. Last year’s revenue was its highest ever. more

05.30.2023

Artrom Steel Tubes (formerly TMK Artrom), a manufacturer of industrial pipes, ended last year with RON1.9 billion (EUR386 million) revenue, an increase of 32% year-on-year, its officials said. more

05.30.2023

Arobs Transilvania Software (AROBS.RO), the largest technology company listed on the Bucharest Stock Exchange, posted consolidated operating revenue of RON133.2 million in the first quarter of 2023, more

05.30.2023

US-held Adobe, one of the largest software businesses in the world, mainly known for its photo and video editing applications (Photoshop, Lightroom and Premiere Pro), posted growth in revenue in more

05.29.2023

Therme Nord Bucuresti, the operator of the relaxation complex Therme on the outskirts of Bucharest, posted RON175.3 million revenue in 2022, an increase of 140% on 2021, Finance Ministry data show. more

05.29.2023

Catena, the largest retail pharmacy chain in Romania, ended 2022 with more than RON6.3 billion sales, an increase of 22% on the RON5.1 billion of 2021. more

05.29.2023

Retail, agribusiness and food group Agroland Business System (AG.RO), which owns the largest farm supply store chain in Romania, posted RON69.7 million revenue in the first quarter of 2023, an more

05.29.2023

Banca Transilvania, the biggest player in the local banking system, wants to grow only in Romania, with a focus on organic growth, without mulling foreign expansion. more

05.24.2023

Amdaris Romania, which provides software development services, dedicated support for web products and strategic consultancy, ended 2022 with about RON39 million (EUR7.8 million) revenue, 95% higher more

05.24.2023

Bicycle manufacturer Sport Mechanical Workshop in Timisoara, which works exclusively for sporting goods retailer Decathlon, ended last year with more than RON132 million revenue, an increase of 60% on more

05.24.2023

Germany’s Bosch ended fiscal 2022 with consolidated sales of RON2.5 billion (EUR512 million) in Romania, an increase of 4% on 2021, while investments made last year stood at RON410 million (some more

05.23.2023

The occupancy rate of Bucharest hotels stood at 62% in the first quarter of 2023, up 33% from the year-earlier period, and is just 5% below the 2019 level, placing Romania’s capital city second in more

05.23.2023

Life insurer Aegon Romania, part of international financial group Aegon, ended 2022 with a RON165.73 million gross underwritten premium volume, more than 8% higher than in 2021, and a 4.92% market more