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

11.14.2022

Drug manufacturer Biofarm (BIO.RO) recorded a net profit of RON65.7 million in the first nine months of 2022, an increase of 20% on the previous year, according to ZF calculations based on data more

11.11.2022

Romania’s economy is expected to expand by 5.8% in 2022, as compared to a 3.9% growth rate projected in July, the European Commission (EC) said in its Autumn 2022 Economic Forecast report released more

11.09.2022

Peter De Boer, a member of the managing board of DN Agrar Group, made up of 15 companies with a total of 10,000 bovines and working 10,000 hectares of land, says the group’s intention had been to more

11.08.2022

Technology company Life is Hard (LIH.RO) posted RON18.5 million revenue in January-September 2022, an increase of 15.53% on last year's figure. more

11.07.2022

Sortilemn in Gherla, one of the most important local suppliers of Sweden’s IKEA group, held by Austrian Michael Brandhuber, estimates EUR43 million revenue for 2022, up 14.5% compared with the more

11.03.2022

Travel agency Weco Travel, one of the largest on the local market, which provides business travel services to companies, estimates that this year it will overshoot the RON80 million revenue mark, a more

11.02.2022

Gas production in Romania reached 6.7 billion cubic meters In the first nine months of the year, up slightly from 6.6 billion cubic meters in the same period last year, data provided by the national more

11.01.2022

Romania's foreign exchange reserves (foreign currency plus gold) increased to more than EUR50 billion for the first time ever, reaching EUR51.78 billion at the end of October, compared with EUR49.3 more

10.31.2022

Romanian ice cream producer Ice Dyp Balas from Timis County, controlled by Vasile and Maria Balas, posted more than RON50.6 million (EUR10.3 million) revenue in 2021, up 4.6% compared with the more

10.31.2022

Romania’s government expects the country’s economy to grow by 4.6% in 2022 and 2.8% in 2023, despite the inflation, energy crisis in Europe or the coming recession in the eurozone, the National more