11.16.2021

Lender Raiffeisen Bank has revised downwards its economic growth projections for Romania to 6.2% from 7.5% previously after the country’s statistics board INS released the GDP data for the third more

11.16.2021

Romania’s national commission for prognosis and statistics kept its projections for the country’s GDP growth at 7% in 2021, but it revised downwards its GDP forecast for 2022, at 4.6%, from 4.9% more

11.16.2021

Romania's gross domestic product (GDP) grew 7.2% in real terms (in unadjusted data) in the third quarter of 2021 as compared with the third quarter of 2020, and by 8.0% in seasonally adjusted data, more

11.15.2021

Zarea, one of the most important players in the alcoholic beverages market in Romania, posted of RON110.4 million (EUR22.9 million) revenue in 2020, up 10% compared with the RON 100.5 million (EUR21.2 more

11.11.2021

The revenue of pharmaceutical company Antibiotice Iasi stood at RON245 million in January-September, an increase of 21% on the year-ago period, its report to the Bucharest Stock Exchange shows. more

11.09.2021

McKinsey Global Institute estimates in a report that better health could add $26 billion to the Romanian economy by 2040, a 9% boost to GDP that translates into 0.4% faster growth every year. more

11.05.2021

Romania’s outsourcing industry can reach 208,000 employees in 2022, after an almost 17% increase, namely 30,000 persons, in line with data provided by the Association of Business Service Leaders in more

11.05.2021

Sweets producer Pan Food Sibiu ended last year with RON20 million (EUR4.2 million) revenue, up 1% year-on-year, ZF has calculated from Finance Ministry data. more

11.04.2021

The European Bank for Reconstruction and Development (EBRD) on Thursday (Nov 4) revised upwards its forecast on Romania’s economic growth to 7.2% in 2021 and 4.4% in 2022. more

11.01.2021

Arges-based Forte Vita Farm, developed by pharmacist Cristiana Ungureanu, posted turnover worth almost RON20 million, 17% higher than in the previous year. more

10.27.2021

Computer and electronics retailer Altex will end 2021 with higher growth in sales than 24% of last year. more

10.25.2021

Romania’s courier services market is expected to expand this year as well, with growth seen at around 15%. more

10.19.2021

Parcel delivery company Dynamic Parcel Distribution (DPD), one of the largest such companies in Romania, budgeted growth of 20% year-on-year in 2021 and so far it has met its target. However, the more

10.15.2021

Online sales will see an about 23% growth in Romania in 2021, higher than the European average put at 12%, Romania’s association of online stores ARMO said in a release. more

10.13.2021

McDonald’s posted almost EUR110 million revenue in the first half, an increase of 38% on the year-ago period. more

10.11.2021

Romania's gross domestic product (GDP) grew 13.9% in real terms (in unadjusted data) in the second quarter of 2021 compared with the second quarter of 2020, data from the country’s statistics board more

10.07.2021

The Romanian capital market registered significant growth rates in the first nine months of 2021, and the companies listed on the Bucharest Stock Exchange (BVB) managed to obtain significant more

10.07.2021

Romanians spent RON1.85 billion on drinking milk-type products, in 2020, with the market growing on average 21.6%, in line with data provided by market research company Euromonitor. more

10.05.2021

The World Bank on Tuesday (October 5) revised upwards its forecast on Romania’s economic growth to 7.3% in 2021, from a previous projection of 6% in June 2021, followed by a 4.8% GDP growth in 2022 more

09.23.2021

UK’s Kingfisher, which owns the Brico Depot DIY stores in Romania, saw its sales increase by 19.2% in the first half of 2021, compared with the year-ago period, as a result of the greater demand for more

09.23.2021

Jerry’s Pizza, an operator on the delivery and take-away segment, expects its sales to grow 10% in 2021, after a 3.5% increase in 2020, and targets investments of almost EUR800,000 in expanding its more

09.21.2021

Sales of non-alcoholic or low-alcohol beer rose by 5.1% last year, to RON236 million, according with ZF calculations based on Euromonitor data. The growth pace slowed down significantly in 2020, a more

09.20.2021

Drywall products maker Etex Building Performance (Siniat Romania), part of the Etex Group, posted RON145 milion revenue in the first half, an increase of almost 10% on the year-ago period, as a result more

09.15.2021

Heraeus Romania, a maker of adhesives for the electronics industry and the local subsidiary of Germany’s Heraeus group, ended last year with RON227.6 million (EUR47.2 million) revenue, an increase more

09.15.2021

Helbako Electronica, the local subsidiary of Germany’s Helbako GmbH, posted RON96.2 million (EUR20 million) revenue in 2020, an increase of 9.5% year-on-year, ZF has calculated from Finance Ministry more