02.16.2023

Electrical equipment distributor Promelek XXI in Cluj-Napoca, part of the Spanish group Elektra, posted about RON200 million (EUR40.5 million) revenue in 2022, up 33% from the RON150 million (EUR30.5 more

02.16.2023

Salary, opportunities for professional growth and the possibility to work remotely are the most important employment criteria of Generation Z, as per the latest survey by online recruitment platform more

02.16.2023

Technical plastics solutions developer Reinert Kunststofftechnik, acquired at the end of 2019 by Germany’s CCBA Verwaltungs, posted more than EUR30 million revenue in 2022, up 25% on the previous more

02.15.2023

Software services company Qualysoft Romania, part of the Austrian group by the same name, recorded a 55% increase in revenue in 2022 compared with the previous financial year, its representatives said more

02.15.2023

The cash in circulation continued to rise and in December 2022 went beyond the RON101.3 billion level, a new all-time high, after a 5.4% increase from December 2021, according to central bank data. more

02.14.2023

Romania had the second highest economic growth rate in the European Union in the fourth quarter of 2022, 5% compared with the year-earlier period, after Ireland (15.7%) and ahead of Cyprus (4.4%), more

02.14.2023

The revenue of the winemakers in Romania increased by more than 20% in 2021 compared with 2020, reaching its highest level ever, almost RON2.1 billion, a KeysFin report says. more

02.14.2023

Romania's gross domestic product (GDP) grew by 4.6% in gross series in the fourth quarter of 2022, while at the level of the entire year GDP rose by 4.8%, in line with data published by the more

02.13.2023

Bittnet Systems (ticker symbol BNET), an IT&C solutions integrator and IT training services provider, announced that the combined revenue of all group companies reached RON268.7 million last year, an more

02.09.2023

Dacia registrations rose strongly in January in its main markets as the plant also ramped up production in the final quarter of 2022. more

02.09.2023

Neakaisa.ro, an online store specializing in the sale of bathroom sanitary ware, recorded EUR5.7 million sales last year, 20% more than in 2021, amid higher demand for medium and high-quality more

02.09.2023

Automotive components manufacturer Optibelt Power Transmission in Tautii-Magheraus, Maramures County, the local subsidiary of the German group Arntz Optibelt, estimates about RON448.2 million (about more

02.09.2023

High-Tech Systems & Software (htss), a provider of business software services, is aiming for EUR40 million revenue this year, which would mean an increase of around 25% compared with last year, the more

02.06.2023

Builder Concelex focused on organizational and operational development, digitalization and team expansion in 2022, and its revenue stood at more than RON500 million, up from the previous year. more

02.03.2023

Sales of over-the-counter (OTC) drugs reached RON6.7 billion (almost EUR1.4 billion) in 2022, up 23% from the previous year, data from market research company Cegedim show. more

02.02.2023

Polish-held online retailer Answear, which has a presence in Romania since 2015, aims to increase local sales by 20% this year compared with 2022, when its biggest growth, 40% was recorded in the more

02.01.2023

In 2023, Metro Romania development will be based on three pillars: the expansion of LaDoiPasi franchise (with the network set to go beyond 2,000 stores this year), service digitalization and more

01.23.2023

The Romanian M&A market registered 258 deals in 2022, up 26%, with a total estimated value of $6.6 billion, 10% above the 2021 level, reveals an analysis by EY Romania. more

01.20.2023

Winemaker Purcari (WINE.RO) posted RON302.6 million revenue last year, up 22% on the 2021 figure, above the previously announced guidance of 15%-20%, according to preliminary commercial results more

01.18.2023

The mergers and acquisitions (M&A) market in Romania reached a record high in terms of value and number of transactions in 2022, as the total estimated market value for both disclosed and undisclosed more

01.17.2023

The vast majority (73%) of Chief Executive Officers (CEOs) expect the global economy to shrink in 2023, according to the PwC CEO Survey. more

01.16.2023

Metropolitan Life expects sustainable growth in 2023 as well, after the company has maintained a steady two-digit increase in recent years, Carmina Dragomir, CEO of Metropolitan Life, the second more

01.13.2023

Hospital and medical center network Arcadia, which operates in Moldavia, inaugurated the Medical Rehabilitation Hospital (Spitalul de Recuperare Medicala) in Iasi in 2022, following a more than EUR20 more

01.12.2023

Romania's economy will grow by only 0.5% in 2023, says Wood, the largest brokerage firm in Central and Eastern Europe, in an analysis. However, there may be pleasant surprises, Wood believes. more

01.12.2023

Romania's gross domestic product (GDP) grew by 1.2% in real terms (in unadjusted data) in the third quarter of 2022 as compared to the second quarter of 2022, provisional (2) estimates from the more