02.04.2021

Greek-held builder Aktor, which specializes in infrastructure projects, has increased its Romanian revenue by 67% to RON435 million in 2020. more

01.07.2021

The prices of old three-room apartments in Bucharest stagnated at EUR98,400 on average in December compared with November, after having gone up EUR100 the previous month, real estate consultant SVN more

12.02.2020

The Romanian stock market ended its best month in almost two years, thanks to the 9.12% rise in its main index BET in November, as the rises of indices abroad largely because of information about more

11.16.2020

Helbako Electronica, the local subsidiary of Germany’s Helbako GmBH, posted 87.9 million lei (EUR18.6 million) revenue, an increase of 88% on the previous year, according to ZF’s calculations more

11.12.2020

Linde Gaz Romania, the local subsidiary of Linde Plc, the largest industrial gas supplier worldwide, posted more than 683 million lei (about EUR144 million) revenue in 2019, an increase of 6.5% on the more

10.27.2020

Builder Axa Trans Construct, which is now working on the Colosseum Mall in NW Bucharest, posted 73 million lei revenue in 2019, an increase of 71% on 2018, Finance Ministry data show. The profit more

10.26.2020

Soufflet Malt, the largest producer of malt (one of the key ingredients for beer) in Romania, posted about 255 million lei (EUR53.8 million) revenue in 2019, an increase of 7.5% on the previous year, more

10.26.2020

New electric and hybrid cars registrations increased by 9% to almost 5,400 units in January-September, Romania’s Automotive Manufacturers and Importers Association (APIA) data show. more

10.15.2020

Romanians borrowed more than 1.2 billion lei in mortgage loans from banks in August, the third highest level in the first eight months of 2020 and 3.6% more than in August 2019. more

10.12.2020

The number of new studios delivered in Romania has doubled in the past two years, with 5,528 such homes completed in 2019, 28% more than in 2018. The growth rate was high in 2018, as well, when 4,308 more

09.22.2020

Monthly traffic on the Henri Coanda (Otopeni) Airport in Bucharest in the last few months has been one third of what it was the same time a year ago, National Company Bucharest Airports data supplied more

09.14.2020

Cerealcom Dolj, one of the largest grain and oilseeds farming businesses in Romania, tripled profit to 19 million lei (EUR13.9 million) in 2019, while revenue reached RON679 million (EUR142 million), more

09.07.2020

Raffaello Shoes Factory, the largest shoe manufacturer in Romania, posted more than 7.2 milion lei (EUR1.5 million) net profit in 2019, 2.2 times higher than in 2018, when it stood at some RON3.3 more

09.04.2020

Danone Romania, the leader of the local yogurt market, ended last year with 612 million lei (some EUR125 million) revenue, an increase of 10% on 2018, Finance Ministry data show. The net profit stood more

09.01.2020

Green cars, i.e. electric and plug-in hybrid vehicles, are still seeing a rise in sales, despite the decline of the auto market due to the pandemic. more

08.31.2020

Banks in Romania had a margin (spread between interests on new leu loans and the interests on new leu deposits) of 4.91% to 6.31% in the first half, down from the first half 2019, but comparable to more

08.24.2020

The number of insolvencies rose by up to 50% in June and July, compared with the year-ago period. more

08.21.2020

Baby product supermarket Bebe Tei, which entered the market as a spinoff of Farmacia Tei in 2014, posted 354 million lei sales with its four stores in Bucharest and Constanta in 2019. more

08.14.2020

Sales of video games could grow by 11% in Romania in 2020 compared with 2019, market research company Euromonitor says, and the growth rate will be double on this market segment, amid the lockdown more

05.21.2020

Retail pharmacy chain Dona, held by entrepreneur Eugen Banciu, overshot the RON1 billion revenue mark in 2019, 27 years after being established. The 2019 revenue was 5% higher than in 2018, ZF has more

05.07.2020

Cash & carry chain Selgros, which owns 23 stores in Romania, ended 2019 with more than RON3.83 billion (EUR808.3 million) sales, 3% higher than in 2018, ZF has calculated from Finance Ministry data. more

04.15.2020

March was surprising for the entire fast-moving consumer goods industry and the sales of Hochland saw fast paced growth compared with last year, says Erik Hageleit, CEO of Hochland Romania, one of the more

04.07.2020

Demand is rising amid the COVID-19 pandemic and will continue to, says Razvan Orbulescu, marketing director of FrieslandCampina Romania, the producer of the Romanian dairy brand Napolact. more

04.03.2020

Lactalis Romania, the largest dairy business in the country, has seen an over 100% increase in orders of UHT milk and butter lately, because the two products have longer shelf lives (butter up to two more

02.05.2020

Sales of electric cars are estimated to double to more than 3,000 units in 2020, like they did in 2019, following the support from the Rabla Plus scheme, which offers a EUR10,000 voucher, as more and more