07.22.2021

Allianz-Tiriac, the third largest insurer in Romania, ended 2020 with RON153.8 million net profit, 1.3% higher than in 2019, which makes it the most profitable insurer of all general and life more

07.20.2021

Grain trader East Grain, held by a number of Romanian and Hungarian entrepreneurs, ended 2020 with growth of about 19% in revenue to RON359 million (EUR74.5 million) from the RON302 million (some more

07.20.2021

Logistics service provider H Essers SRL, the Romanian subsidiary of Belgium H Essers group, posted RON180.7 million (EUR37.5 million) revenue in 2020, a decrease of about 5% year-on-year, ZF has more

07.20.2021

Electronic component and equipment manufacturer Zes Zollner Electric, the Romanian subsidiary of Germany’s Zollner Elektronik group, posted RON1.180 billion (EUR244.8 million) revenue in 2020, an more

07.20.2021

Aircraft parts maker United Alloy Corporation Europe (UACE) posted RON471.5 million (EUR97.8 million) revenue in 2020, about 22.5% lower than the RON607.8 million (EUR128.3 million) of 2019, Finance more

07.20.2021

Ardealul Carei, one of the largest vegetable oil producers held by local entrepreneurs, posted more than RON258.8 million (EUR53.7 million) revenue in 2020, a decrease of 5% year-on-year, ZF has more

07.19.2021

Furniture manufacturer PGS Sofa & Co in Oradea ended 2020 with more than RON280.9 million (EUR58.3 million) revenue, a decrease of 18% year-on-year from RON344 million (EUR72.6 million), Finance more

07.13.2021

The Board of Directors of Sphera Franchise Group, the operator of Pizza Hut, KFC, and TacoBell in Romania, plans to pay some RON35 million to shareholders in dividends from the 2019-2020 undistributed more

07.08.2021

Carmo-Lact Prod (Bistrita-Nasaud) dairy producer posted more than RON132.7 million (EUR27.5 million) revenue last year, an increase of 26% year-on-year, ZF has calculated from Finance Ministry data. more

07.07.2021

Builder Arcada Company almost tripled profit from the RON41.1 million of 2019 to RON110.6 milion in 2020, Finance Ministry data show. more

07.05.2021

Retail pharmacy network Ducfarm in Cluj posted RON255 million sales in 2020, an increase of 15% year-on-year, ZF has calculated from Finance Ministry data. more

06.30.2021

Revenues generated by companies in the local IT industry topped RON33 billion in 2020, up 2.5% compared with 2019, an analysis by Termene.ro showed. more

06.25.2021

Ameropa Grains, one of the largest grain traders in Romania, posted RON3 billion revenue in 2020, down 19% on the previous year, ZF has calculated from the data the company supplied. more

06.15.2021

Dante International, the company that runs online retailer eMAG, posted RON107.3 million net profit in 2020, an increase of 117% year-on-year, Finance Ministry data show. more

06.14.2021

Oscar Downstream, the largest entrepreneurial business in the oil product sector in Romania, saw its net profit grow 3.4 times to RON155 million, as the company managed toe expand its customer base more

06.10.2021

Four of the eight projects developed by the Iulius Group of businessman Iulian Dascalu posed losses in 2020, while the other four saw their profits shrink year-on-year in 2020, the data the developer more

06.08.2021

Car battery manufacturer Rombat Bistrita posted RON395.2 million (EUR82 million) revenue in 2020, down about 1% compared with 2019, ZF has calculated from Finance Ministry data. more

06.03.2021

Holcim, HeidelbergCement and Romcim (formerly CRH Ciment) were at the top of the local construction materials market with the Romania subsidiaries, after having posted growth in revenue compared with 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

05.25.2021

The net profit of Romania’s banking system reached about RON1.89 billion at the end of the first quarter of 2021, 15% higher than in the year-ago period, while assets rose to a peak of RON574.9 more

05.21.2021

Denmark’s Lego posted RON117 million sales in Romania in 2020, 13% higher than in 2019, as well as RON3.1 million profit, Finance Ministry data show. 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

05.11.2021

Duvenbeck Logistik, one of the largest transport and logistics companies in Romania, ended 2020 with RON326.1 million (EUR67.6 million) revenue, 19% lower than in 2019, when it posted about RON406 more

05.07.2021

Prutul, one of the largest producers of vegetable oil in Romania, based in Galati, made almost RON16 million net profit in 2020, three times higher than in 2019, financial analysis platform more

05.04.2021

Biscuit manufacturer Croco based in Onesti, Bacau County, one of the largest such manufacturers in Romania, posted more than RON38.7 million (EUR8 million) net profit in 2020, an increase of 10% on more