The companies positioned on the top ten spots of the 2023 National Company Ranking have a combined turnover of almost 280 billion euros, and their operating profit amounts to about 27 billion euros, shows data released on Thursday by Romania's Chamber of Commerce and Industry (CCIR).This year, a number of 13,030 companies were included in the first ten positions of the dedicated ranking. Their profit accounts for 9.6 percent of the total turnover, and the total number of employees with these entities is 1,359,833.By the number of companies included in the Top 10 ranking, the most significant fields are: industry (35.1 percent), services (28.4 percent), trade (20.7 percent), agriculture, forestry and fishing (4.9 percent), construction (4.6 percent), research-development & high-tech (3.7 percent), tourism (2.3 percent).Trade holds a share of 44.8 percent of the total turnover of the companies, followed by industry (35.6 percent) and services (11.3 percent). Industrial companies are the most profitable, with 45.9 percent of the aggregate profit, and a profit share of 12.4 percent of the turnover of the businesses in this segment.The 2023 National Company Ranking was put together based on 846,452 financial and accounting statements of entities active in Romania. Of these, 327,867 entered the competition for the leading ten places in the national ranking, in accordance with the methodology applied by the Chambers of Commerce in all of Romania's counties.The National Company Ranking is based on the following economic indicators: net turnover, operating profit, operating profit rate, efficiency in the use of human resources, and efficiency in the use of capital employed, and lists the best performing companies in seven economic fields: Industry, Services, Trade, Tourism, Research-Development & High-Tech, Agriculture, Forestry and Fishing, and Construction.The Gala of the 2023 National Company Ranking will take place on Thursday evening at the Romexpo Exhibition Center.
Bucharest's culinary scene welcomes back OLEA, the JW Marriott Bucharest Grand Hotel's celebrated Mediterranean destination, now reimagined with a fresh concept that blends authentic coastal flavours with contemporary sophistication. Following an extensive transformation, OLEA reopens its doors to offer guests a refined journey through the Mediterranean's sun-drenched culinary traditions, right in the heart of Romania's […]
A landmark exhibition of works by the iconic photographer and war correspondent Lee Miller has opened at The King’s House in Viscri, in central Romania’s Brașov county. Titled Lee Miller’s Romania, the exhibition is billed as “the most extensive presentation of her work ever held in the country.” Miller, the war photographer and muse of […]
Boracay’s white sandy beaches and stunning sunsets make it a top destination for travelers of all ages, including seniors looking for a relaxing getaway. While the island is known for its vibrant nightlife and water activities, it also offers many accommodations tailored to older visitors. Senior-friendly hotels in Boracay prioritize comfort, accessibility, and convenience, ensuring […]
AmCham Romania, the business association gathering 600 American, international, and Romanian companies, has called for "responsibility and dialogue, essential to prevent an irreversible decline in investor confidence in Romania." The call comes "in the context of economic turbulence built up over the years and amplified to a worrying level by the prolonged electoral period." "Romania's […]
1664 Blanc, the super-premium French beer known for its elegant taste and unforgettable style, is capturing the attention of Romanian consumers with a refreshed presence: a bold spirit that celebrates the courage to live with style and that unmistakable Oh là là — now also available in a 0.5L can. This new packaging targets the […]
Romania and the Netherlands will establish a joint center for training Ukrainian technical personnel for F-16 fighter jets at the Fetești Air Base, in southern Romania. The new center was announced by Dutch defense minister Ruben Brekelmans, in a social media post. "The Netherlands and Romania are training F-16 pilots for Ukraine and Romania. We […]
