06.20.2016

Timisoara-based Lasting System, one of the largest distribution companies of IT&C products on the Romanian market, reported a turnover of RON128.7 million (EUR29 million) in 2015, up 26% against 2014, more

06.20.2016

Heidi Chocolat, the largest local chocolate exporter, posted almost 99 million lei (EUR22 million) revenue last year, an increase of 16% on 2014, according to the Finance Ministry website. more

06.17.2016

Automotive component manufacturer Leoni has grown to more than 2 billion lei (EUR440.5 million) revenue and 17,000 employees in its three plants in Romania and continues hiring. The employees in more

06.15.2016

Romania has the highest economic growth in Europe at the moment, 4.3% in the first quarter, but some are raising doubts about its quality, considering it was based on consumer spending (up almost 20% more

06.13.2016

Consumer loans have gone up 15% to 34 billion lei (EUR7.53 billion) at the end of April, compared with the year-ago period, Romania’s central bank data show. more

06.10.2016

The real estate consultancy market in Romania, where about ten local and international companies operate, is estimated at some EUR30 million, and consultants expect growth based of the major deals on more

06.06.2016

Romania is a good destination for outsourcing service investors, even though the industry has its roots in exploiting the pay differences between employees in developed economies and those on emerging more

05.31.2016

Transport and logistics company Dumagas held by private equity firm Bancroft is looking for new customers in Eastern Europe and Turkey. more

05.30.2016

The Romanian media market registered last year the highest growth since the financial crisis, of 6% on the year, and will keep the same growth pace in 2016, according to Media Fact Book report by more

05.30.2016

The rising demand for farm equipment in Romania and in Europe is what Craiova businessman Catalin Stroe who owns farm equipment manufacturer Ruris is betting on in order to develop. more

05.26.2016

Restaurant and cafe operator City Grill of Dragos Petrescu ended last year with 115 million lei (EUR26 million) revenue, up 28% on 2014 and almost double the 2012 level. more

05.25.2016

Do-it-yourself retailer Dedeman is the first Romanian entrepreneurial business to get close to the EUR1 billion revenue mark, which only ten multinationals have hit and overshot. more

05.22.2016

Tractor sales in Romania are expected to exceed the 2,000-unit mark in 2016, after ranging between 1,800 and 1,900 units annually, throughout the years, while the construction machinery market is seen more

05.20.2016

Travel agencies in Romania budgeted up to 30% higher revenue for this year from ticketing, charter holidays and services for corporate customers. more

05.19.2016

Porsche Romania, the largest local auto importer, posted EUR453 million revenue last year, an increase of 14% on 2014. This makes 2015 its best year after 2009, when revenue stood at EUR382 million. more

05.18.2016

Private medical service operator Gral Medical, one of the top five companies on its market in Romania, expects revenue to reach 95.5 million lei (EUR21 million) in 2016, up 9.7% on the previous year, more

05.16.2016

Romania saw the highest growth rate in the EU in the first quarter, double as much as Spain and Germany, but its central bank warns the growth was bolstered by pro-cyclical measures. more

05.16.2016

Tinmar Ind, the largest private energy trader in Romania, posted RON3.19 billion lei (EUR709 million) revenue in 2015, almost 32% higher than in 2014, the company said. more

05.13.2016

Romania’s gross domestic product rose 4.2% in the first quarter compared with the same period last year in seasonally adjusted terms, a flash estimate of the country's statistics board showed more

05.13.2016

German-held Kaufland saw a 33% rise in sales to EUR2.4 billion in 2015, which makes it the first retailer in Romania’s economy to overshoot the EUR2 billion mark, following steady growth year by more

05.11.2016

The European Bank for Reconstruction and Development (EBRD) said Wednesday it has revised upwards its economic growth projection for Romania in 2016 to 4% from a previously estimated 3.7%. more

05.10.2016

Macromex, one of the largest local fast moving consumer goods distribution companies, has budgeted 620 million lei (EUR138 million) revenue for 2016, an increase of 19% on the previous year, the same more

05.05.2016

Policolor-Orgachim, which includes Policolor, one of the leading actors of the local paint and coatings market, ended last year with EUR56.3 million revenue, an increase of 6.7% on 2014. more

04.28.2016

Romania’s economy is expected to grow 4.2% in 2016 and 4.3% in 2017, and its budget deficit is seen reaching 2.95% of GDP in 2016 and 2.9% of GDP in 2017, according to the 2016 convergence program more

04.28.2016

The leu-denominated loans granted to consumers to buy homes have doubled to 21 billion lei (EUR4.7 billion) in the past year (March 2015 to March 2016), while foreign currency loans dropped by RON3 more