Financial data available on the financial analysis platform RisCo.ro shows clear differences between the largest employers in Romania. State-owned companies dominate the ranking by number of employees, but private firms lead by a long way in turnover, profit and efficiency per employee.
What does the ranking of Romania’s largest employers look like, according to RisCo data?
National Railway Company “CFR” SA is Romania’s largest employer, with 24,493 employees at the latest reporting date. The company recorded revenues of RON1.2 billion, but posted a net loss of RON432 million. Sales per employee stood at RON49,000, while the loss per employee reached RON18,000. The company is wholly owned by the Romanian state through the Ministry of Transport.
National Company Posta Romana SA/Romanian Post ranks second, with 20,154 employees. Posta Romana reported revenues of RON1.7 billion, up 9.6% compared to the previous reporting period, and a net profit of RON71 million. Sales per employee reached RON85,000, and profit per employee RON3,500. The shareholder structure includes the Romanian state, through the Ministry of Research, Innovation and Digitalization (93.51%), and Fondul Proprietatea SA (6.48%).
Kaufland Romania SCS is the largest private employer in the ranking, with 14,592 employees, and also one of the biggest contributors to overall economic turnover. At the latest reporting, the company posted revenues of RON20 billion and a net profit of RON1.2 billion. Sales per employee reached RON1.3 million, while profit per employee amounted to RON79,000. Kaufland România SCS is owned by Kaufland International Erste GmbH (Germany) with a 99.90% stake, and Kaufland Romania SRL with 0.10%.
National Forest Administration – Romsilva RA reported 13,625 employees and revenues of RON3 billion, but its net profit collapsed to RON9.8 million, down by more than 95% year-on-year. Sales per employee stood at RON219,000, while profit per employee was only RON700. Romsilva operates as an autonomous authority under the Ministry of Environment, Waters and Forests.
Lidl Discount SRL rounds out the top five with 12,735 employees. The company recorded revenues of RON24 billion, the highest in this ranking, and a net profit of RON1.2 billion. Sales per employee reached RON1.9 million, and profit per employee RON96,000, the highest figures in the ranking. The company is wholly owned by W E International GmbH, headquartered in Germany.
Overall, state-owned companies in the ranking employ a total of 58,272 people, but generate approximately RON5.9 billion in revenues, with low profits or losses, largely influenced by CFR’s losses. Sales per employee are below RON220,000.
By contrast, private companies in the top employ 27,327 people, yet generate RON44 billion in revenues and a combined net profit of RON2.4 billion. Sales per employee exceed RON1.3 million.