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Agrii Romania Ends Financial Year with Two-Digit Increases
Agrii Romania, a producer and wholesaler of agricultural inputs, owned by Irish group Origin Enterprise, posted two-digit growth along all its segments in the financial year August 2021-Augu...
AROBS Transilvania Software Sees 34% Rise in Revenue to RON129M in H1
AROBS Transilvania Software (AROBS.RO), the Romanian IT company controlled by the entrepreneur Voicu Oprean from Cluj, posted operating revenue of RON128.8 million in the first half of 2022,...
Pet Food Market Immune to Crisis in Romania
The pet food and accessories market in Romania appears to be immune to the looming economic crisis, as specialist retailers continue development, even doing it at a fast clip, and when it co...
Medical Lab Network Bioclinica Revenue Rises 46% to RON230M in 2021
Bioclinica, one of the largest players in the market of medical laboratories and collection centers, posted RON230 million (EUR47 million) last year, up 46% on the previous year, ZF has calc...
ING Bank Profit Up 39% to RON535M in H1
ING Bank, the fourth largest bank in Romania by assets, posted RON535 million net profit in the first half, an increase of 39% on the year-ago period.
Retail Turnover Up 4.8% in Jan-July 2022 YOY
Retail turnover, the main barometer for private consumption, in the first seven months of this year went up by 4.8% in gross series, from the same period of last year, amid rising sales of f...
Romania Industrial Production Prices Up 52.3% in July 2022 vs July 2021
Industrial production prices, a key indicator in gauging inflation, in July 2022 rose by 5.2% on the month and by 52.3% compared to July 2021, both on the domestic market and for the foreign...
Hourly Labor Costs Up 11.67% in 2Q/2022 in Romania from Year-Earlier Period
In 2Q/2022, vs 2Q/2021, hourly labor costs in adjusted form (by the number of working days) rose by 11.67%, in line with statistics board (INS) data.
Omniasig Posts over RON1B Underwritten Premiums in 1H/2022, Up 45% Vs Year-Earlier Period
Insurance company Omniasig, part of Austria’s Vienna Insurance Group (VIG), reached underwritten premiums worth above RON1 billion in the first half of this year, 45% more than in the same p...