01.10.2017

Belladonna retail pharmacy chain, held by Romanian entrepreneurs Florin and Alina-Nicoleta Gheorghita, ended 2016 with about 220 million lei (EUR49 million) sales, flat on 2015, generated by 94 more

01.06.2017

Passenger traffic on Romania’s airports reached some 16 million people last year, an increase of about 20% on 2015, ZF has found from the preliminary estimates of the most important airports of the more

01.05.2017

Alpha Bank, the largest Greek-held lender in Romania, has made organic growth its priority strategy, and will focus on a certain profitability robustness and a very good control of expenses, after more

12.19.2016

Official sales of spirits rose by about 20% to 25% compared with last year, after many years of decline, says Tudor Furir, the Romanian executive who has been running Pernod Ricard Romania for more more

12.15.2016

Metro Cash & Carry revenue increased by 2.7% to EUR911 million in the financial 2015/2016, as shown in its financial report. more

12.15.2016

FAN Courier, the largest courier service company in Romania, expects an increase of no more than 15% in revenue to 600 million lei (EUR135 million) revenue next year. The growth pace is lower than more

12.12.2016

Banca Transilvania has reached an almost 13% market share this year and aims to further increase it to 13.5% - 14% next year. It will also continue to look at the banks up for sale on the market, more

12.08.2016

The video card market in Romania has reached 125,000 units this year, an increase of 15% on 2015. Games and VR were the growth drivers, said Traian Teglet, Nvidia marketing manager of the Balkan more

12.06.2016

Garanti Bank forecasts a slowdown in Romania’s economic growth rate in 2017. Thus, the gross domestic product (GDP) is expected to grow up to 3.7% in 2017, in the context in which the evolution of more

12.05.2016

The drop in alcohol excise duty and the rise in the shopping budget of Romanian consumers as a result of the VAT cut restored optimism on the spirits market, so companies in this business stepped up more

12.05.2016

Private healthcare network Gral Medical of Romanian entrepreneur Robert Serban is aiming for 20% higher revenue next year, following the opening of new clinics and an increase in the sales of the more

12.02.2016

Unilever South Central Europe, one of the most important actors on the fast-moving consumer goods market, ended the first half with 420 million lei (EUR94 million) revenue, an increase of 1.5% on the more

11.28.2016

There is still a lot of room for growth on the Romanian telecom market as the adoption of the new digital services – such as TV, for instance, is still in its early stages, said Frantisek Mala, more

11.28.2016

Businessman Daniel Guzu, who owns construction supplies manufacturer Duraziv, expects more than 10% higher revenue this year, driven by rising demand for paint, grouts and dry mortars. more

11.22.2016

The growth engine of the Romanian economy will slow down in 2017 on the backdrop of lower consumption and retail sales and lower industrial activity, following reduced external demand, according to an more

11.17.2016

Premium winemaker Davino, held by two Romanian entrpereneurps, will end the year with about 25% increase in sales, the highest in the last few years. Its revenue will therefore go up to about EUR4.4 more

11.15.2016

Romania's gross domestic product grew an annual 4.4% in unadjusted terms in the third quarter and 4.6% in seasonally adjusted terms, data from the country's statistics board showed Tuesday. more

11.15.2016

Automobile Dacia, the largest company in Romaia by revenue, ended the first half with 10.7 billion lei (EUR2.4 billion) sales, according to Trade Registry data, a 7% increase on the year-ago period. more

11.03.2016

Over half of foreign investors forecast a moderate growth of their businesses next year but consider that the legislative process has worsened, according to a business sentiment index survey conducted more

10.25.2016

The Romanian Government’s top priority should be a sustainable economic growth, followed by investments in human capital, with focus on education and demography, modern infrastructure and the rule more

10.23.2016

The Romanian division of German business software solutions provider SAP, one of the world’s largest business software solutions providers, is one of most dynamic subsidiaries regarding the growth more

10.19.2016

The private healthcare market still is at a very low level in Romania and is expected to see an annual growth of 20%-30% in the future, based on Romanians’ need to enjoy quality healthcare services more

10.18.2016

Sales of over-the-counter drugs in Romania went up from 600 million lei (EUR133 million) in 2004 to RON2.4 billion in July 2015 – June 2016, according to market research company Cegedim. This is one more

10.14.2016

The sales of retailer Mega Image should go beyond 4.7 billion lei (over EUR1 billion) in 2016, if growth continues at the same pace in the second half. more

10.12.2016

Metro Cash & Carry Romania ended the first half with a little more than 2 billion lei (EUR446 million) revenue, up 2.3% compared with the year-ago period. This is the highest growth of the company in more