10.19.2021

Retail and wholesale trade reached RON583 billion last year, down from RON595 billion in 2019, the last pre-pandemic year. Despite the health crisis turned into an economic crisis, 2020 was the second more

10.07.2021

Romania's business services industry generated revenue of EUR9 billion in 2019, employing some 179,000 people countrywide and having almost 1,080 firms registered at the finance ministry with specific more

10.04.2021

Domeniile Prince Matei, a company owned by Vintruvian holding, which also holds Viticola Sarica Niculitel, expects turnover to double in 2021 from 2020, to around RON3.5 million, in line with ZF more

09.28.2021

Bucharest’s five-star Suter Palace Heritage Boutique Hotel in 2020 registered turnover of above RON2 million. The hotel was opened in 2018 and posted RON2 million revenues in its first year of more

09.24.2021

With almost EUR90 million earmarked for investments, MedLife, leader of Romania’s private healthcare services market, will go beyond the EUR300 million threshold in terms of turnover this year. more

09.22.2021

Passenger road transportation company CDI Transport Intern si International, controlled by businessman Ion Comusi, in 2020 generated turnover worth RON20 million, half the previous year level, and more

09.20.2021

Ares medical centers, specialized in cardiology, taken over in 2019 by US-held Highlander Partners, aim to reach EUR12 million turnover this year, up 30% from last year, after opening two new centers more

09.16.2021

OK Medical, a network of Covid-19 sample collecting centres, in 2020 reached turnover of RON42.6 million, up from almost RON6 million in 2019, according to Finance Ministry data. more

09.15.2021

Romania’s dental services industry generated turnover worth RON2.3 billion in 2020, the same as in the previous year, in line with Trade Registry data. more

09.08.2021

Prahova-based roofing systems maker Novatik reached RON27.5 million revenues in the first eight months of 2021, up 52% from the year-earlier period, with a sales peak in summer months and a record more

09.08.2021

Private healthcare provider Monza ended 2020 with turnover worth almost RON200 million, up 13% year-on-year. The growth Italy’s Monza group registered in Romania was organic, brought by the high more

09.01.2021

Adrian Cocan, general manager of Agroserv Mariuta, the company behind Laptaria cu Caimac brand, says the company’s revenues leapt by over 50% in the first half of this year. more

09.01.2021

Romania’s HR services industry was in full swing ahead of the pandemic, with the overall turnover of companies in the field posting ongoing growth each year between 2017 and 2019. In 2020, though, more

09.01.2021

Construction paint maker Policolor in the first six months of 2021 reached turnover worth EUR41.2 million, 13.3% above the budgeted level and 32.2 higher than the 1H/2020 result, shows the company’s more

08.30.2021

The ten companies managing Bucharest’s largest shopping centres, occupying a total area of above 740,000 square metres, ended 2020 with overall losses of RON214 million. more

08.30.2021

Rainwater and Roofing Systems Producer Raiko Transilvania (RKOT.RO) derived turnover worth RON4 million in the first half of this year, around 72% higher than the level reached in 1H/2020, it said in more

08.30.2021

Turnover generated by Romania’s 15 biggest players on the confectionery, coffee and snacks market reached RON6.4 billion in 2020, up 6.2% from 2019, but the number of employees on the market shrank more

08.25.2021

Vaslui-based meat processor Vanbet, controlled by entrepreneur Fanel Bogos, in 2020 reached turnover worth above RON233 million (EUR48.3 million), up 6% from 2019, when the company raked in around more

08.10.2021

Steel mill Liberty Galati, Romania’s only integrated steel producer, reported turnover worth RON2.4 billion (EUR492 million) at the end of the second quarter of this year, 37% higher than in the more

08.10.2021

Phoenicia hotel group, controlled by businessman Mohammad Murad, last year generated turnover worth RON95 million, 26% lower than in 2019, when the group’s turnover got close to RON130 million, more

08.05.2021

Astra Rail Industries, Romania’s largest rolling stock maker by turnover, for 2020 reported turnover worth RON675.6 million (over RON140 million), down 7.5% from 2019, when the company hit RON730.1 more

05.19.2021

E.ON Energie Romania targets a turnover of RON5.35 billion (nearly EUR1.1 billion) in 2021, 27% higher than the level reported in 2020. This year’s optimistic business forecasts come after a 4% more

03.30.2021

Romanian fiber optic cable producer Romcab Targu Mures (MCAB.RO), recently returned to trading after being suspended since February 2017 following its insolvency, said Tuesday it had a turnover of more

02.18.2021

The year 2020 came with good things, too, one of which was the decline in personnel turnover in the local outsourcing industry, says Vladimir Sterescu, country manager of CGS Romania, a provider of more

02.17.2021

FintechOS, which specializes in the development of digital transformation solutions for the financial industry, ended 2020 with annual recurring revenue, an important indicator for the companies more