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Romania’s Economy Has 130 Companies And Banks With More Than RON1B Revenue
Companies

Romania’s Economy Has 130 Companies And Banks With More Than RON1B Revenue

Romania’s economy had 130 companies and banks with revenue of at least one billion lei (EUR281 million) last year. The top 130 actors in the country’s economy posted RON360 billion revenue t...

Loredana Frățilă-Cristescu · 20.09.2017 · 10:50 · 1 min
Technology &Telecoms

Only 18 IT&C Companies In Romania See Revenue Of More Than EUR100M

Only 18 of the 1,500 largest local IT&C companies make more than EUR100 million revenue a year and only nine of them posted net profit of more than EUR10 million in 2016, as shown in the `Ce...

Loredana Frățilă-Cristescu · 30.08.2017 · 10:20 · 1 min
Unirea Shopping Center Seeks To Recover RON3M
Companies

Unirea Shopping Center Seeks To Recover RON3M

Unirea Shopping Center, one of the major companies listed on the Bucharest Stock Exchange, seeks to recover RON3 million from Carmen Palade, its former head of the Administration Board and C...

Miruna Gaman · 30.08.2017 · 08:54 · 1 min
20 Major IT&C Companies In Romania Shed More Than 3,300 Jobs In 2016
HR

20 Major IT&C Companies In Romania Shed More Than 3,300 Jobs In 2016

A number of 20 of the largest local IT&C companies with more than EUR1.4 billion revenue shed more than 3,300 jobs last year, according to their reports with the Public Finance Ministry and...

Loredana Frățilă-Cristescu · 17.07.2017 · 09:44 · 1 min
Companies With No Employees Posted EUR7.8B Revenue In Romania In 2015
Companies

Companies With No Employees Posted EUR7.8B Revenue In Romania In 2015

Almost 300,000 companies with no employees or no employees reported to the Finance Ministry posted EUR7.8 billion revenue in 2015, according to Coface data, based on those companies’ Finance...

Loredana Frățilă-Cristescu · 17.05.2017 · 00:00 · 1 min
Almost Half Of Top 50 Entrepreneurial Companies In 2009 Are Insolvent Or Bankrupt
Companies

Almost Half Of Top 50 Entrepreneurial Companies In 2009 Are Insolvent Or Bankrupt

Only 28 of the 50 largest entrepreneurial companies in 2009, the year the crisis hit Romania’s economy, are still standing, and the other 22 are either insolvent, bankrupt or deregistered. T...

Loredana Frățilă-Cristescu · 06.04.2017 · 00:00 · 1 min
Bank Deleveraging Continued, Funding For Companies Up In 2016
Banks-Insurance

Bank Deleveraging Continued, Funding For Companies Up In 2016

The foreign debt of banks in Romania, which includes the short and long-term lines of credit from their parent banks, dropped by EUR3.4 billion last year and reached about EUR11.2 billion in...

Loredana Frățilă-Cristescu · 20.03.2017 · 09:40 · 1 min
Teraplast To Establish Limited Liability Company In Serbia
Companies

Teraplast To Establish Limited Liability Company In Serbia

Romanian plastic systems maker Teraplast Bistrita (TRP.RO), with a market capitalization of RON289 million, will establish a limited liability company in Serbia, in order to increase its foo...

Ecaterina Craciun · 05.01.2017 · 20:02 · 1 min
Number Of FMCG Companies Down, Revenue Up
Companies

Number Of FMCG Companies Down, Revenue Up

Romania had more than 7,500 active fast-moving consumer goods companies at the end of last year, 4% fewer than in 2014. They posted 61.2 billion lei (EUR13.6 billion) revenue, an increase of...

Loredana Frățilă-Cristescu · 14.12.2016 · 00:00 · 1 min