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Germany’s Continental Group, the largest actor in the Romanian automotive industry, with almost 20,000 employees, has announced a number of streamlining steps that will affect about 870 jobs at its ContiTech and Automotive units in Romania.
The European Commission on Wednesday published the 2025 country reports assessing the economies, labor market and social situation of every member country in line with the priorities set in the Competitiveness Compass.
Farmexim-Help Net Group ended 2024 with a turnover of EUR1.54 billion, up 19% year-over-year, as per a press statement.
Sphera Franchise Group (stock symbol: SFG), the company that manages KFC, Pizza Hut and Taco Bell restaurants in Romania, continues its nationwide expansion strategy by opening a new KFC unit, in Retail Park Pitesti, located in Romania's town of Pitesti.
The company BBKM Steel SRL, which manages Neakaisa.ro, an online store specializing in sanitary ware and home improvement products, ended 2024 with revenue of RON35.3 million (EUR7.1 million), up nearly 15% compared to 2023.
Financial independence is a nearly universal aspiration for 87% of Gen Z, yet wealth accumulation is not the primary driver of success, finds a new global survey EY and Young China Group.
MedLife, the largest private healthcare network in Romania, has fully acquired the MEDSTAR clinic group, a long-standing healthcare provider in Cluj-Napoca, active in outpatient and paraclinical medical services, the company has announced in a stock market report on June 4.
Romania’s industrial producer price index (PPI) increased by 1.8% year-on-year in April 2025, as per data from the country's statistical office INS.
eMAG group’s turnover in fiscal year 2025 (April 2024-March 2025) rose by 11% to RON11.4 billion, stated Tudor Manea, the group’s CEO.
Liberty Galati, the largest integrated steel manufacturer in Romania, has resumed production operations by activating furnace 5, a significant stage in the company’s plans to continue activities.
Romania Pillar II private pensions generated a net gain of RON51.4 billion (EUR10.1 billion) for Romanians in the first 17 years of effective operation, in line with calculations by the Romanian Association for Private Pensions APAPR.
DB Global Technology SRL, Deutsche Bank’s IT center, ended 2024 with RON873.2 million turnover, up 22.4% from 2023, and RON62.0 million net profit, 23.6% higher.
Endava Romania, the local subsidiary of the British software services company, in 2024 posted RON1,265.0 million turnover, down 6.4% from 2023, and RON133.6 million net profit, 27.7% below the 2023 level.
Ericsson Telecommunications Romania SRL, the local subsidiary of the Swedish communications industry, ended 2024 with RON905.1 million turnover, up 2.2% from 2023, but its net profit dropped to RON27.5 million, 17.8% below the 2023 level.
Regia Autonoma Rasirom, an integrator of cyber and physical security solutions under the coordination of the Romanian Intelligence Service (SRI), ended 2024 with RON606.9 million turnover, 25.7% above the 2023 level, and RON39.3 million net profit, more than double the level of 2023.
Therme Nord Bucuresti, the company that manages the relaxation complex near the Romanian capital city, reached RON294 million receipts, after turnover rose by 22% in 2024, thus hitting the highest level in the company’s history.
Swiss Capital, the largest brokerage at the Bucharest Stock Exchange, in 2024 registered revenues worth almost RON70 million, up 14% from 2023, and switched to RON4.8 million losses from RON5.7 million net profit.
OLX Online Services, the operator of the largest classifieds website in Romania, ended 2024 with RONI366 million revenue, an increase of 16.2% on 2023, as well as RON90.7 million net profit, 5.8% lower year-on-year, Finance Ministry data show.
System Innovation Romania, a SAP partner and an ERP solution integrator, ended 2024 with RON16.3 million (EUR3.3 million) revenue, an increase of 29.8% on 2023. The profit rate rose 17.7% compared with 13.2% in 2023.
Inter Computer Romania, the local subsidiary of the Hungarian group by the same name specializing in IT system integration, set out to reach EUR5 million revenue in 2025, more than double the revenue in 2024, its first year in business in Romania. Revenue in 2024 stood at EUR2 million (RON10 million).18948 items