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Top Ten Companies in Romania with Highest Decline in Headcount Lost Almost 9,500 Employees
The top ten companies in Romania with the highest decline in headcount lost almost 9,500 employees in 2020.
Lidl Climbs to 5th Place Among Importers in Romania in 2020
German-held discount retailer Lidl has climbed to the fifth place among importers in Romania in 2020, one place higher than in 2019. This is its highest position in the rankings since arrivi...
Pharmaceutical Manufacturer Sandoz Among Top Ten Importers in Romania in 2020
Pharmaceutical manufacturer Sandoz SRL, owned by Switzerland’s Novartis, one of the largest five local pharmaceutical plants in Romania, climbed 61 places in the ranking of the largest impor...
Signal Iduna, Allianz-Tiriac and Groupama Top Three Health Insurance Providers in 2020
The leader of the health insurance market in Romania in 2020 was Signal Iduna, with RON126 million gross written premiums, an increase of 27.3% on 2019, followed by Allianz-Tiriac and Groupa...
Top Three Lenders Account for 58% of Entire Banking System Profit in 2020
Most major lenders in Romania posted lower profits in 2020 compared with 2019 due to the effects of the coronavirus crisis, which required them to set aside higher provisions.
City Insurance Remains Leader of Romania Insurance Market in 2020
City Insurance remained the leader of the insurance sector at the end of 2020 on a market that reached RON11.5 billion gross written premiums, an increase of 4.6% on 2019, a Financial Superv...
Roofing Maker Bilka Steel Enters Top 20 Romanian-Held Exporter Ranking
Brasov-based roofing manufacturer Bilka Steel has entered the top 20 Romanian-held exporters, 2020 data show. In all, including foreign-held companies, Bilka ranks 391, according to the prel...
Bucharest, Cluj And Constanta Have Highest Bank Deposits Per Capita in Romania
The volume of deposits per capita stands at more than RON24,000 in Bucharest-Ilfov, while the lowest volume is in Giurgiu County, RON2,160, 11 times less than in Bucharest, ZF has calculated...
Supermarket and Hypermarket Chains in Romania Valued at Almost EUR10B in 2020
Local modern retail stores, about 3,500 in various formats, are valued at a little less than EUR10 billion (46 billion lei) in 2020, 21% higher than in 2019.