07.07.2022

Romania’s overall media market will reach EUR640 million by yearend, with a 6% advance against 2021, including a 20% increase on the digital media segment, in line with the Media Fact Book annual more

06.30.2022

Investment fund BlackPeak Capital on Thursday announced that it completed the final financing round of Southeast Europe Growth Equity Fund in the amount of EUR126 million, overshooting the initial more

06.28.2022

Banca Transilvania, Romania’s largest lender by assets, has revised upwards the country’s economic growth forecast to 3.8% in 2022, from its previous projection of 3.5%, and versus the 2.9% more

06.28.2022

Carrion Expedition, the Spanish-owned freight transport company based in Cluj-Napoca, posted RON314.3 million (EUR63.9 million) revenue in 2021, down 32.8% from the previous year’s RON467.7 million more

06.27.2022

Grain trader Agropec Dionis ended 2021 with RON282.3 million (EUR57.4 million) revenue, up 62.6% on the RON173.6 million (EUR36 million) of 2020, ZF has calculated from Finance Ministry data. more

06.24.2022

Romania’s insurance market reached a volume of underwritten gross premiums of RON4.66 billion in the first three months of 2022, a record increase of 46% compared with the year-ago period, the more

06.23.2022

Synevo Romania, the largest player in the medical laboratory market, posted RON447 million revenue in 2021, up 40% compared with the previous year, according to the data submitted by the company for more

06.22.2022

Meat industry company AAylex One expects RON1.3 billion revenue in 2022, 53% more than in 2021. more

06.22.2022

Delaco Distribution, a company owned by French group Savencia Fromage & Dairy, posted RON445.7 million (EUR90.6 million) revenue in 2021, up 11% from RON401.3 million (about EUR83 million) of the more

06.21.2022

Polish-held retailer of products for children Smyk All for Kids Romania posted RON90.5 million sales in 2021, 70% higher than in 2020 and expects the trend to continue in 2022, says general manager more

06.17.2022

Romania’s advertising market is likely to expand by 7.4% in 2022, being further dominated by TV, which attracts 56% of investments, reveals an analysis by GroupM. more

06.16.2022

Companies operating in the Romanian technology sector, public or private, which register accelerated growth, may enroll in the Technology Fast 50 Central Europe competition organized by Deloitte more

06.16.2022

Dolo Trans Olimp (DTO), controlled by entrepreneur Cristian Dolofan, ended last year with RON407.8 million (EUR84 million) revenue, up 7.5% on the previous year, public Finance Ministry website data more

06.14.2022

Romania’s largest mobile phone and tablet wholesaler in Romania, Gersim Impex, posted almost RoN40 million net profit in 2021, 8% higher than in the previous year, Finance Ministry data show. more

06.14.2022

TBI Bank, which has operations in Romania, Bulgaria, Germany and Lithuania, posted EUR10.2 million net profit in the first quarter of 2022, 40% higher than in the year-ago period. more

06.14.2022

German giant Bayer, one of the world’s biggest players in the chemical and pharma industry, which has seed production and fertilizer and plant protection product sales operations in Romania, more

06.10.2022

The International Monetary Fund improved its economic growth prognosis for Romania to 3.5%-4.5% this year and next year. more

06.09.2022

Michelin Romania, part of the French Michelin Group, one of the world's largest tire manufacturers, posted more than RON4.21 billion (EUR856.3 million) revenue in 2021, up 32.4% from the previous more

06.09.2022

Erste Group, which owns Romanian lender Banca Comerciala Romana, on Thursday (June 9) revised upwards its forecast on Romania’s economic growth to 5.1% in 2022, from a previous projection of 2.8% in more

06.08.2022

Life insurance company Aegon Romania, part of international financial group Aegon, ended 2021 with gross written premiums of RON153.4 milion, an increase of 14.09% on 2020 and a 4.73% market share. more

06.07.2022

Most retailers in Romania (almost 60%) reported rising sales since the onset of the COVID-19 pandemic until March 2022, with the online segment surging by 57%, as per a survey by VTEX, an e-commerce more

06.06.2022

Automotive parts and accessories wholesaler Inter Cars Romania, part of Poland’s Inter Cars Group, posted about RON1.3 billion (EUR264.2 million) revenue in 2021, an increase of 35.6% on the about more

06.01.2022

Cement manufacturer Romcim, previously known as CRH Ciment, posted growth of 4% in revenue to RON1.4 billion in 2021, the latest data available on the Finance Ministry website show. more

06.01.2022

Swiss-held Holcim group, the largest construction material manufacturer in Romania via its local subsidiary, saw its revenue increase by 8% to RON1.7 billion year-on-year in 2021, Finance Ministry more

06.01.2022

BCR Asigurari de Viata, part of Austria’s Vienna Insurance Group (VIG), ended 2021 with RON30.7 million profit, an increase of 2.7% on 2020 and intends to disburse RON24.8 million dividends from it, more