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

01.11.2023

Leroy Merlin, a top three player on the Romanian DIY market by revenue, posted RON3.4 billion sales in 2022, which translates into an increase of more than 30% compared with the previous year, the more

01.11.2023

Romania's economy is expected to grow by 2.6% in 2023 and by 4.2% in 2024, according to the World Bank's Global Economic Prospects report. more

01.10.2023

Precast concrete products manufacturer ASA CONS, based in Turda, ended 2022 with a more than EUR33 million revenue, its best performance ever. the company's history. more

01.05.2023

Last year was a year of extremes for Gusto puffs maker Phoenixy, with unexpected opportunities to boost sales in countries never considered before, when production and revenue went up a lot, while the more

01.05.2023

Industrial production prices increased by 44.8% in Romania in November of 2022 versus the same period of 2021, placing the country third in the European Union, with higher increases recorded only in more

12.30.2022

Banca Transilvania, Romania’s largest lender by assets, has revised its forecast on the evolution of Romania’s economy and sees the country’s GDP growth tempering at 4.6% in 2022 and at 2.4% in more

12.27.2022

Private lending in Romania increased by 13.2% to RON364.4 billion in November compared with the year-ago month, after leu-denominated loans increased by 9.2% and the foreign currency loans expressed more

12.27.2022

The consolidated budget revenue growth slowed down in November, the budget execution report of the Finance Ministry shows. more

12.21.2022

The financing for tech startups in Romania reached EUR226 million in the first ten months of 2022, 36% more than in 2021, despite the high inflation and the macroeconomic situation, a report by more

12.19.2022

DHL, one of the largest actors in the courier service market, will end the year with a rise of 20% in revenue compared with last year, when its revenue stood at RON417 million, Finance Ministry data more

12.14.2022

Health insurance provider Signal Iduna plans to increase its revenues by over 15% in 2023, with efforts largely to focus on integrating the two companies it has acquired, namely Erdo Asigurari and more

12.13.2022

The e-commerce (electronic commerce) market in Romania, which witnessed an unprecedented boom in online sales during the pandemic, saw slower growth in 2022, as it was dominated by trends of more

12.07.2022

Romania had one of the highest annual economic growth rates in the European Union, of 4.7%, in the third quarter of 2022, being outpaced only by Ireland (10.6%), Croatia (5.5%), Cyprus (5.4%), Malta more

12.02.2022

UiPath (NYSE: PATH), the first Romanian company listed on Wall Street, announced $262.7 million revenue in the third quarter of its 2023 fiscal year ended October 31, a 19% increase year-over-year. more

11.30.2022

Fapaco, a Bucharest-based construction company owned by the Fleancu family, increased its revenue by 36% to RON160.9 million in 2021, which makes it one of the fastest-growing businesses year-on-year more

11.25.2022

The ten most valuable companies in Romania’s economy are this year valued at RON218 billion (EUR44 billion), 20% lower than in 2021. more

11.25.2022

Builder Conim Partners (Arges County) saw its revenue increase 40% in 2021 compared with the previous year, which made it one of the construction companies with the highest growth year on year. more

11.24.2022

Uniqa Asigurari and Uniqa Asigurari de Viata, the Romanian companies of Austria’s Uniqa group, posted EUR83 million gross written premiums together in the first nine months of 2022, an increase of more

11.15.2022

eMAG, the largest online retailer in Romania and the companies operating on its marketplace, sold products and services worth RON644 million on November 11, in the 12th Black Friday campaign of the more