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

01.20.2022

Most commercial real estate (CRE) companies (80%) estimate revenue increases in 2022 compared to 2021 and 73% expect transactions activity to intensify over the next 12 months, according to the more

01.20.2022

The housing market in 2021 clinched a new record, after over 183,000 apartments were traded, a five-year high, up 50% on the year. more

01.18.2022

Bringo Magazin, which operates the Bringo delivery platform, posted almost EUR10 million (RON47 million) revenue in 2020 (the last year with publicly available data). more

01.18.2022

Monza Romania Group, held by Italy’s Policlinico di Monza, which operates four hospitals in Romania, ended last year with EUR62.5 million revenue and expects EUR70 million revenue in 2022, its more

01.18.2022

CEO confidence in the global economy’s growth prospects is at a ten-year high globally, according to the 25th PwC CEO Survey. Of the respondents, 77% expect the global economy to improve in 2022 more

01.17.2022

HCL Online Advertising S.R.L, which operates Tazz by eMag business, in 2020 generated RON14.3 million turnover, up 872% on the year, with the delivery platform likely to see its turnover double, to more

01.14.2022

A number of 51,435 individuals had deposits of more than EUR100,000 euros or RON55.4 billion (about EUR11.3 billion) in all, at the end of the first nine months of 2021, the latest statistics of the more

01.12.2022

Romania’s economy is expected to grow by 4.3% in 2022, the World Bank said, cutting its June 2021 forecast by 0.2 percentage points, according to the World Bank's Global Economic Prospects report more

01.12.2022

Romania's gross domestic product (GDP) grew 0.4% in real terms (in unadjusted data) in the third quarter of 2021 as compared to the second quarter of 2021, the country’s statistics board INS said more

01.11.2022

Parcel delivery company Sameday, owned by eMag, ended last year with a 60% increase in revenues compared to the previous year, according to the data provided by the company, which did not specify the more