10.31.2022

Aegon Romania ended the first half of 2022 with an 8.2% increase in gross underwritten premiums, at RON76.7 million, vs RON70.4 million in 1H/2021. more

10.31.2022

Modulo Decorative Solutions, a company specialized in the production of decorative stone cladding solutions, wants to grow fast on the local market in the following years amid the investment plans it more

10.28.2022

Siemens Energy, a major energy technology company, has already recruited 450 Romanian engineers in Romania, to be added to its initial 200-member team, and plans further growth in the coming period. more

10.26.2022

Consumer goods distribution company Interbrands Orbico will in 2022 overshoot the EUR1 billion mark in terms of revenues, thus joining the euro billionaires club, after a 20% increase against 2021. more

10.25.2022

The Romanian video game development industry closed 2021 with $312 million revenue an increase of 20% on 2020, more than double the 2016 figure, an annual survey by the Romanian Video Game Developers more

10.25.2022

Private lending in Romania in September went up by 16% from September 2021, to a total volume of RON364.7 billion, after local currency lending rose by 14.3% and foreign currency lending, expressed in more

10.19.2022

Euroins Romania, the largest insurer in the country after City Insurance went bankrupt, ended the second quarter with RON1.52 billion in gross written premiums, an increase of 110% year-on-year, more

10.19.2022

Google’s team in Romania has reached around 400 people and will continue to grow in the coming period, according to the company’s representatives. more

10.19.2022

2022 will mark a return to growth for Avon, a major player on Romania’s cosmetics market, after three years of decline partly fueled by the pandemic. more

10.19.2022

Rondocarton, part of the Austrian group Rondo Ganahl, and one of the largest producers of corrugated cardboard in Romania, posted almost EUR60 million revenue in the first half of 2022, compared with more

10.18.2022

The cosmetics and perfumery market in Romania will grow by 2.3% on average a year until 2026, an analysis by Virtual Board, a management information democratization platform that integrates artificial more

10.17.2022

Allianz-Tiriac, Romania’s second largest general and life insurer in line with the latest financial watchdog ASF data, estimates it will near the RON3 billion threshold in terms of underwritten more

10.13.2022

Romania’s economic growth is slowing down as the market tries to adapt to high energy prices, with a GDP growth estimated at 5% in 2022 and at 2.3% in 2023, according to an analysis by lender OTP more

10.12.2022

The national statistics institute INS on Wednesday (Oct 12) revised Romania’s economic growth slightly lower to 5.7% both in unadjusted data and in seasonally adjusted data for the first half of more

10.11.2022

The International Monetary Fund (IMF) raised its forecast for Romania's 2022 economic growth to 4.8% from 3.5% projected in June 2022 and advised the country's government to reduce the fiscal deficit, more

10.10.2022

Inform Lykos Romania, the local subsidiary of the Greek digital transformation services provider of the same name, saw sales increase by over 21% in the first half of 2022 compared with the same more

10.05.2022

Fast-food restaurant chain McDonald's Romania ended the first half of this year with EUR136.6 million revenue, almost 25% higher than the same period in 2021. By comparison, inflation in the first more

10.04.2022

Trucking company Dolo Trans Olimp (DTO), controlled by entrepreneur Cristian Dolofan), ended the first half of this year with a 40% increase in revenue, the chief executive officer of the company more

09.28.2022

The European Bank for Reconstruction and Development (EBRD) on Wednesday (Sept 28) revised upwards its forecast on Romania’s economic growth to 5.4% in 2022 from a previous projection of 2.5%, which more

09.28.2022

Agrii Romania, a producer and wholesaler of agricultural inputs, owned by Irish group Origin Enterprise, posted two-digit growth along all its segments in the financial year August 2021-August 2022, more

09.27.2022

AROBS Transilvania Software (AROBS.RO), the Romanian IT company controlled by the entrepreneur Voicu Oprean from Cluj, posted operating revenue of RON128.8 million in the first half of 2022, 34% more more

09.26.2022

The International Monetary Fund (IMF) has revised upwards its forecast on Romania’s economic growth to 4.8% for 2022, from a previous projection of 3.5% in summer. more

09.21.2022

The pet food and accessories market in Romania appears to be immune to the looming economic crisis, as specialist retailers continue development, even doing it at a fast clip, and when it comes to more

09.20.2022

Bioclinica, one of the largest players in the market of medical laboratories and collection centers, posted RON230 million (EUR47 million) last year, up 46% on the previous year, ZF has calculated more

09.15.2022

ING Bank, the fourth largest bank in Romania by assets, posted RON535 million net profit in the first half, an increase of 39% on the year-ago period. more