02.23.2024

Electricity and electrical equipment producer Electromagnetica (ELMA.RO) made a net loss of RON31.7 million for 2023, from a profit of RON23 million in 2022, the company said in a report to the more

12.29.2023

Romania’s three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, as well as for RON-denominated more

12.12.2023

The fast-moving consumer goods (FMCG) market shrank in volume in January-September 2023, which is the best indicator of the spending appetite of Romanian consumers. On the other hand, retailers’ more

12.06.2023

Barleta, a company based in Bacau that manufacturers all sorts of paper bags for major supermarket chains, fast-food restaurant chains and bakery businesses, will end the year with lower revenue than more

11.22.2023

Romania’s tractor and combine market, which shows the prosperity of the agricultural sector, saw a 23% decline in the sales of tractors and 17% decline in the sales of combines in the first ten more

11.16.2023

Construction material manufacturer Cemacon (CEON.RO) posted RON130.07 million net revenue in the first nine months, 27% lower than on September 30, 2022. more

11.15.2023

Targu Mures-based fiber optic cable manufacturer Romcab (MCAB.RO) posted RON32.6 million loss in January-September 2023, down from RON85 million in the same period in 2022, it said in its report to more

11.09.2023

Telekom Romania Mobile’s total revenue shrank 7.4% to EUR71.1 million in the third quarter of 2023 compared with the year-ago period, while adjusted EBITDA was 63.5% lower, EUR4.6 million compared more

11.06.2023

Organic farm input producer Norofert (NRF.RO) posted RON1.1 million consolidated net profit in the first nine months of 2023, down 85% on the same time in 2022, while revenue stood at RON30.9 million, more

11.01.2023

Romania's foreign exchange reserves stood at EUR58.18 billion in October 2023, lower by EUR1.05 billion than in September 2023, central bank data showed on Wednesday (November 1). more

09.25.2023

Industrial ventilation equipment manufacturer Ruck Ventilatoare in Tarnaveni, Mures County, posted RON113.5 million (EUR23 million) revenue in 2022, down by about 17% compared with the previous more

09.18.2023

Cargo Partner, the Romanian subsidiary of Austrian group by the same name, which provides road, rail, sea and air shipping services, is aiming for EUR70 million in 2023, lower than last year’s EUR92 more

09.13.2023

Prodalcom Botosani, the producer of the Voronskaya vodka brand, owned by three Romanian entrepreneurs, posted RON27.1 million (EUR5.5 million) revenue in 2022, about 3% lower than the previous more

09.13.2023

The Romanian M&A market is starting to feel the impact of the global and regional economic context in 2023, after a good year for local deals last year, especially in the energy and IT sector, but not more

09.06.2023

International Lazar, a freight forwarding company controlled by entrepreneur Ion Lazarus, ended the first half of this year with a 10%-12% decline in revenue, amid lower demand for freight forwarding, more

08.30.2023

Autonom Services, the largest mobility network in Romania, held by brothers Marius and Dan Stefan, posted RON12.3 million net profit in January-June 2023, 31% below the same period last year. more

08.24.2023

The number of real estate deals in Romania stood at 12,252 in July 2023, an increase of 16% on June 2023, data from the national cadaster agency ANCPI showed on Thursday (August 24). more

08.22.2023

DIY retailer MAM Bricolaj (MAM.RO), which sells furniture materials and accessories, ended the first half of 2023 with RON200,409 net profit, a 60% decline compared with the first half of 2022, on more

08.21.2023

Integrisoft Solutions, a developer and provider of software applications and solutions for central and local public administration, posted 9% decrease in revenue to EUR4.5 million (RON22.7 million) more

08.16.2023

The natural gas transmission company Transgaz (TGN.RO), majority owned by the Romanian government, recorded consolidated revenue of RON959.7 million in the first half of the year, down from RON1.18 more

08.09.2023

Aluminum producer Alro Slatina (ALR.RO) ended the first half of 2023 with RON1.55 billion consolidated revenue, down 25% on the year-ago period and RON164 million loss, compared with a RON15.3 million more

08.09.2023

Romania's trade balance posted a deficit of EUR13.3 billion in January-June 2023, lower by 14% compared with January-June 2022, data from the country's statistics board INS showed on Wednesday (August more

07.20.2023

Vimercati East Europe, which makes electromechanical and electronic components in a factory in Bacau County, posted RON328.4 million (EUR66.6 million) revenue in 2022, down 2% from the previous more

07.11.2023

Clinica Sante, a network of medical laboratories with 300 collection centers in Romania, generated RON240 million revenue in 2022, down 5% from 2021, public data from the Finance Ministry show. more

07.11.2023

Beer sales in Romania in the first five months of 2023 slid by 9% from the year-earlier period, maintaining the 2022 downward trend, at a faster pace, in line with data provided by the Romanian more