03.10.2022

The economic forecast for Romania in 2022 initially was for 4.2% growth, but amid the Ukrainian war a recession can be expected, or, in a more fortunate scenario, a much lower economic growth, says more

03.04.2022

OTP Bank Romania ended 2021 with RON58 million net profit, more than double the net profit of 2020. Operating profit shrank by 24% to RON123 million in 2021 compared with 2020, OTP Bank Romania more

03.02.2022

Aerostar Bacau (ARS.RO), a manufacturer of aircraft components, posted about RON376 million revenue last year, up about 30% on the previous year, its preliminary results report says. more

03.02.2022

Patria Bank (PBK.RO), a lender held by Emerging Europe Accession Fund (EEAF) ended 2021 with a net profit at individual level of RON9.46 million, an increase of 238.3% or RON6.7 million on the 2020 more

02.25.2022

Romgaz (SNG.RO), Romania’s natural gas producer and supplier and the largest state-run company listed on the Bucharest Stock Exchange, saw its revenue increase by 44% and net profit by 52% in 2021 more

02.24.2022

Software solutions developer Plin Tech ended 2021 with more than EUR1 million (RON5 million) revenue, an increase of about 20% compared with the previous year. more

02.22.2022

Licurici Impex, an Onesti (Bacau County) based fast moving consumer goods distributor, estimates revenue will reach more than RON500 million (EUR101 million) in 2022, 2.5% higher than in 2021, ZF has more

02.18.2022

Agroland Agribusiness (AAB.RO), specialized in the sale of inputs for organic and conventional farming, part of Agroland group, for 2021 reported operating revenues worth RON32.3 million, up 75% from more

02.17.2022

Curtea Veche Publishing House ended last year with RON19.5 million revenue, and it estimates that revenue will reach RON25 million in 2022, its officials say. more

02.17.2022

Cluj-Napoca based ERP software developer Transart and one of Romania's leading providers of software for companies, posted EUR4.47 million revenue at the end of 2021, up about 20% from EUR3.6 million more

02.16.2022

Financial investment company SIF Transilvania (SIF 3.RO) posted RON99.8 million net profit on December 31, 2021, up by about 189% compared with the about RON34.5 million of the same period of the more

02.15.2022

Lender ING has lowered its economic growth projection for Romania to 3.2% in 2022 from 4.5% previously, and kept unchanged its projection for 2023 at 4.5%, ING Romania chief economist Valentin Tataru more

02.15.2022

Lender Banca Comerciala Romana (BCR) has revised its forecast on Romania’s economic growth down to 3.2% in 2022 from a previous forecast of 4%. more

02.15.2022

Romania's gross domestic product (GDP) grew 5.6% in real terms (in unadjusted data) in 2021 compared to 2020, the country’s statistics board INS said Tuesday. more

02.15.2022

East Grain, a grain trader held by several entrepreneurs from Romania and Hungary, expects a 23% increase in revenue in 2022 compared with the RON539 million (EUR109.5 million) of last year. more

02.11.2022

The BVB Group's consolidated operating revenue, which includes the results of Bursa de Valori Bucuresti (Bucharest Stock Exchange) and of the Central Depository, amounted to RON46.11 million last more

02.11.2022

Timisoara-based fuel supplier Artoil posted revenue of EUR145 million in 2021, up 45% on the previous year, the company said. more

02.07.2022

Francois Coste, CEO of Groupama Asigurari says he expects 2022 to be a year of sustainable growth for the company, as well as a year to strengthen the good results generated in 2021. The company will more

02.03.2022

2Performant (2P.RO), the main player on the Romanian affiliate marketing market, has appointed Cristian Iosub to the position of Growth Manager starting February 1, 2022. more

02.03.2022

New consumer and mortgage loans taken by consumers from banks, in lei and euros, accelerated in 2021 to a 15-year high, after declining in 2020, the first year of the COVID-19 pandemic, Romania’s more

02.03.2022

Travel agency Eturia ended 2021 with a 35% increase in sales volume compared to 2019, to about EUR15 million. The tour operator has reintroduced to its portfolio of offers for 2022 destinations that more

02.01.2022

Travel agency Paralela 45 posted about EUR39 million sales last year, 140% higher than in 2020. more

01.31.2022

The Bucharest hotel market saw the highest growth among capital cities in the region of Central and Eastern Europe (CEE) in terms of revenue per available room (RevPAR) in 2021, mainly driven an more

01.28.2022

A report released Friday (Jan 28) by the Organization for Economic Co-operation and Development (OECD) shows that, according to OECD predictions, Romania’s economy grew by 6.3% in 2021 and is more

01.20.2022

Cigarette wholesaler Punctual Comimpex based in Cluj-Napoca and owned by entrepreneur Vasile Muresan, ended 2021 with total revenue of RON850.8 million (EUR173 million), up 17.4% year-on-year, the more