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

05.30.2022

ING Bank posted RON276 million net profit in the first quarter of 2022, 67% higher than in the year-ago period, while revenue rose 23% to RON667 million. more

05.27.2022

Agroland Business System (AG.RO), the Romanian retail, agriculture and food entrepreneurial group, which owns the largest network of agricultural stores in Romania, posted consolidated revenue of more

05.27.2022

Technology company AROBS Transilvania Software, listed on the AeRO segment of the Bucharest Stock Exchange as AROBS, posted revenue of RON52.6 million in the first three months of the year, 33% higher more

05.25.2022

Zeelandia Romania, the local subsidiary of the Dutch group by the same name, which makes bakery, pastry and confectionery ingredients, ended 2021 with RON62 million revenue 32% higher than in 2020, more

05.25.2022

Geological survey company Prospectiuni Bucuresti (PRSN.RO), controlled by businessman Ovidiu Tender, posted RON28.5 million revenue in the first three months of the year, an increase of 92% from the more

05.24.2022

Bosch Group ended the fiscal 2021 with RON2.4 billion (EUR494 million) consolidated sales in Romania, an increase of about 10% year-on-year. more

05.23.2022

2021 was the best of the past five years for Romania’s M&A market in terms of the number of sealed deals. more

05.20.2022

Nestle’s turnover in Romania last year topped the RON1 billion threshold for the first time after sales rose by 10.5% vs 2020, in line with ZF calculations based on company data. more

05.20.2022

While health services related to the pandemic were no longer in demand by patients in the last three months, Centrul Medical Provita posted a 15-20% increase in the first quarter of this year from the more

05.20.2022

Automobile Dacia, Romania’s biggest exporter and the engine of its industry, returned into the black in 2021 and posted RON21.4 billion turnover, up 17% from 2020, in line with a company report. more

05.18.2022

Zentiva (SCD.RO) the largest pharmaceutical producer with facilities of its own in Romania, ended the first quarter of 2022 with growth of 7% in revenue to RON169.2 million, compared with the same more

05.16.2022

Aaylex Agro cooperative in Buzau, the largest agricultural cooperative in Romania by revenue in the last two years, increased its revenue 38% to RON232 million 2021, according to calculations made by more

05.12.2022

The operating revenue of the Bucharest Stock Exchange increased by 70% in 1Q/2022, to RON9.86 million, amid the doubling of trading revenue, both on the main stock market, and from offerings. more