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Ten Most Valuable Companies in Romania Worth EUR32.4B in 2019
The ten most valuable companies in Romania’s economy are valued at EUR32.4 billion this year, 21% more than the valuation of the top ten of 2018. The rise in value comes at a time the econom...
Romania’s Home Appliances and Component Production up 10% to EUR1.2B in 2018
The seven large home appliances and component plants o Romania saw double-digit growth in revenue in 2018 and hired 1,000 employees, ending the year with 5.6 billion lei (EU1.2 billion) reve...
Public Sector Salary Spending Doubled in Four Years
Public sector personnel spending reached 15.7 billion lei (EUR3.3 billion). At the current increase rate, the public sector salaries will reach RON108 billion this year, double the level of...
Romania’s Wage Bill up to EUR80B in 2018, Its Highest Level Ever
Romania had a wage bill (total wages plus payroll taxes) of EUR80.3 billion in 2018, up EUR12 billion over 2017 and its highest ever. Its growth in 2018 over 2017 was the highest in Europe,...
Duster Accounts For 80% Of Automobile Dacia’s Production In Jan And Feb
Four out of five cars Renault-owned Automobile Dacia assembled in its Mioveni plant in the first two months of 2019 were Dusters, as production of the second best-selling SUV on the European...
Romania Beat Hungary and Poland by Car Production in 2018
Romania climbed to eighth place among car manufacturing countries in Europe, beating Hungary and Poland, data from the European Automobile Manufacturers' Association (ACEA) show.
Investors in Bank Stocks Gain 20% in Bucharest Stock Exchange’s Best Week Since 2010
Banca Transilvania, and BRD, the most traded stocks on the Bucharest Stock Exchange, gained up to 20% last week, as more and more investors expect the tax on bank assets to be dropped.
Mihai Patrascu, evoMAG: We Ended 2018 with 15% Growth
Evolution Prest Systems, the company that runs the online store evoMAG.ro, a top ten computer and electronics retailer on Romania’s e-commerce market, posted 15% growth in revenue to EUR21 m...
Toy Retailer Jumbo Headed to 1,000 Employees
Greek-held toy retailer Jumbo has grown to more than 900 employees in Romania in the first half of 2018, according to publicly available data, as a result of its expansion the past two years...