05.08.2023

Footwear retailer Benvenuti posted RON30.8 million revenue in the first quarter of 2023, an increase of about 31% on the year-ago period, the retailer said. more

05.04.2023

Romania’s insurance market reached a gross underwritten premium volume of RON16.5 billion at the end of 2022, up 16% from 2021, with general insurance weighing 84%, meaning an underwritten premium more

04.27.2023

Cosmetics and consumer goods producer and distributor Sarantis, held by the Greek group by the same name, increased its revenue by 14.3% to RON463.5 million in Romania in 2022, in a year with a record more

04.19.2023

Romania continues to rank 14th in the European Union by the number of new passenger cars registered in January-March, with 36,966 units, up 27.6% from the same period of 2022, in line with data more

04.19.2023

Steven van Rijswijk, ING Group CEO, says Romania is a good market, its economy has weathered previous and current crises well, and the Dutch group’s desire is to grow further on its banking market. more

04.19.2023

Motorola Mobility, part of China’s Lenovo Group, has constantly grown in Romania in the last few years, reaching 300,000 phone activations (phones purchased and activated by insertion of a SIM card) more

04.19.2023

The De’Longhi unit that handles import and wholesale of home appliances in Romania budgeted growth again in 2023, after a 9% increase in sales last year. more

04.12.2023

FOX Com Serv Distribution, the largest company of the Fox Group, ended 2022 with RON447 million (more than EUR90 million) revenue, an increase of 24% year-on-year, ZF has calculated from Finance more

04.06.2023

Zentiva (SCD.RO), the largest pharmaceutical company listed on the Bucharest Stock Exchange, though with a low free float of merely 4%, is aiming for net sales of RON856 million and RON101.7 million more

04.06.2023

PVC and aluminum windows and doors manufacturer Optimedia ended 2022 with EUR67 million revenue, up 50% compared with the previous year, the company said. more

04.05.2023

Real estate investments in the first quarter of 2023 topped EUR153 million, up 72% from the same period of last year, reveals an analysis by Fortim Trusted Advisors, a member of the BNP Parisbas Real more

04.04.2023

“Avram Iancu” international Airport of Cluj saw about 600,000 passenger traffic in the first quarter of 2023, an increase of 6% on the first quarter of 2019, the best in the history of the Cluj more

04.04.2023

2Performant (2P.RO), a technology company and the leader of the affiliate marketing market in Romania, announced sales generated by its own platform reached EUR28.8 million (excluding VAT) in the more

04.04.2023

Ropharma pharmacy chain, indirectly controlled by businessman Mihai Miron, has budgeted turnover worth above RON597 million in 2023, up 7% on the year. more

03.30.2023

Investment fund manager SAI Certinvest saw 3.9% growth in net assets in the first two months of 2023 compared with December 2022 and a 217% increase in the number of new active investors, the company more

03.30.2023

The ten largest banks by assets in Romania increased their assets at different paces in 2022, going from 5% to 56%, while the net assets of the entire banking system increased by almost 10% to a more

03.29.2023

Distribution and logistics company Aquila Part Prod (AQ.RO) expects RON2.4 billion revenue in 2023, up from the RON2.2 billion of 2022. more

03.27.2023

Romania’s operating leasing market in 2022 rose in line with the automotive market, going beyond 80,000 units under management, representing an increase by over 4,000 cars, 5% respectively, from more

03.23.2023

Automotive components supplier Eckerle Automotive, the local subsidiary of Germany’s Eckerle Group, posted RON253.3 million (EUR51.4 million) revenue in 2022, up by about 10% compared with the more

03.22.2023

Automobile Dacia's revenue went up by 20% to RON26.7 billion or EUR5.2 billion in 2022, higher than even in 2019, despite lower production than that year, the carmaker says in its report. more

03.22.2023

ABN Systems International (ABN.RO), which distributes IT&C products and accessories and owns the Tellur brand, estimates the call center market in Romania may grow by 15% in 2023, as most companies in more

03.20.2023

Romanian technology and consulting company Softelligence, which develops and implements digital transformation solutions in finance-banking and insurance industries mainly, ended 2022 with EUR18.5 more

03.16.2023

The factoring market reached EUR7.85 billion in 2022, marking a record high increase of 30% on the year, with domestic factoring operations accounting for EUR6.78 billion, up 35% from 2021, the more

03.15.2023

Belgian-held drywall products maker Etex Building Performance (formerly Siniat Romania) posted RON357 million revenue in Romania in 2022, an increase of 21% year-on-year. The growth came from an more

03.15.2023

Timisoara is becoming a weekend destination now that it is European capital of culture this year, and organizes events on weekends, which is a big plus for tourism, says entrepreneur Marius Cristescu, more