06.29.2021

Michelin Romania, part of France’s Michelin group, one of the largest tire markers in the world, posted RON3.18 billion (EUR660.3 million) revenue in 2020, a decline of more than 9% from the RON3.51 more

06.21.2021

The top ten companies in Romania with the highest decline in headcount lost almost 9,500 employees in 2020. more

06.16.2021

Spanish-held Inditex group, the owner of Zara and other fashion brands, saw its sales shrink by 27% to RON1.3 billion last year. The group lost the top position on the fashion retail market to more

06.15.2021

Coca-Cola HBC Romania, the leader of the non-alcoholic ready-to-drink beverage market in Romania, and Quadrant-Amroq Beverages, the Pepsi bottler, which ranks second among NARTD beverage producers, more

06.14.2021

Nemo Express Logistic and Nemo Prod Com Impex, the companies of the parcel delivery group Nemo Express, posted RON118.6 million revenue together last year, 16% lower compared with 2019, when the more

06.11.2021

Olimpias Mfg. Romania (formerly Benrom) of Italy’s fashion group Benetton has only six employees left and RON1.5 million revenue. more

06.03.2021

Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei, fell to 1.52% a year on Thursday (June 3), after just two days of more

06.02.2021

Airline Blue Air posted 65% decline in revenue to merely RON757 million last year, compared with RON2.1 million in 2019, the company said. more

05.28.2021

Lukoil Romania, the company that operates the retail business and the 320 gas stations of Russia’s Lukoil group in Romania, ended last year with RON5.9 billion (some EUR1.23 billion) revenue, a more

05.24.2021

The pandemic caused the first decline in revenue for South Korea’s Samsung in Romania to some RON4.9 billion (EUR1 billion) in 2020, about 4% lower than in 2019. This is, however, the second highest more

05.21.2021

Industrial pipe manufacturer Silcotub Zalau, part of the Tenaris group of Italy’s Roca family, posted RON1.65 billion (EUR342.9 million) revenue last year, some 31% lower than the RON2.39 billion more

05.20.2021

Romania’s government public procurement in 2020 helped contain Automobile Dacia’s decline in sales on its home market to less than 5% compared with about 30% abroad. more

05.19.2021

Retail chain Cora ended last year with RON1.6 billion sales, 5.5% lower than in 2019, ZF has calculated from publicly available data. The decline came amid the pandemic but as ZF found, Cora was the more

05.17.2021

Mobile communications device repair service company Electronics Support Division (ESD) posted about RON103.3 million (EUR20.9 million) revenue in 2020, a decline of more than 7% year-on-year, Finance more

05.17.2021

Furniture manufacturer Plimob based in Sighetu Marmatiei (northern Romania), one of the major local supplies of chains to Sweden’s IKEA, posted RON177 million (EUR36.7 million) revenue last year, more

05.12.2021

Rotar Residence, the developer of the Rotar Park Residence complex in the western Bucharest district of Militari, saw a drop in revenue to RON40.8 million in 2020, one third of the 2019 level, more

05.10.2021

The cosmetics market went down 13% in Romania during the pandemic and net sales dropped to less than RON4 billion. The pandemic interrupted a good time for perfume, makeup and care product sales, more

04.30.2021

Exports have come to generate more than 85% of the revenue of the Romanian shirt manufacturer Braiconf (BRCR.RO) in Braila, having increased by 10% during the pandemic. more

04.21.2021

Euro Auto Plastic Systems, the local subsidiary of French-held Faurecia, posted RON332.5 million (EUR69 million) revenue in 2020, 32% below the RON488.9 million (EUR103.2 million) in 2019, Finance more

04.05.2021

Sales of hand sanitizer went up 900% in 2020 compared with the previous year. Romanian consumers spent some EUR7.5 million on such products last year, compared with only EUR750,000 in 2019, ZF has more

04.01.2021

With a harvest of 10.8 milion tons of corn in 2020, Romania lost the top spot among producers in the EU, after having held it in 2018 and 2019 with 17 million to 18 million ton production, National more

03.30.2021

Coal was used to generate 16.5% of Romania’s energy last year, which is unprecedented since the major thermoelectric plants in Oltenia used to account for more than 20% of the country’s energy more

03.05.2021

Gherla (Cluj County) based furniture manufacturer Sortilemn posted RON154 million (EUR32 million) revenue in 2020, 6% lower than in 2019, largely due to the decline in orders during the lockdown, the more

02.24.2021

Egger Romania, part of the Austrian supplier of wood-based material for furniture industry and interior decorations, construction and flooring Egger, posted about EUR299 million revenue in 2020, more more

02.23.2021

Dacia and Ford plants recorded a 10% decline in January on the year-ago month, as the European market remains affected by the pandemic and major countries like Germany are still in lockdown, which more