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.
Amsterdam-based DRI, the EU renewables arm of Ukrainian energy company DTEK, announced the signing of the “largest physical solar power purchase agreement (PPA) in Romania” with OMV Petrom, the leading integrated energy producer in Southeastern Europe. The agreement groups three PPAs with OMV Petrom over an 8.5-year period for approximately 100GWh per year at a […]
Art Safari, the largest exhibition event dedicated to art in Romania, has announced its first 2025 edition, scheduled to take place from March 7 to July 27. The new season offers a program featuring anniversary retrospectives of Romanian art masters Ioan Andreescu and Ion Țuculescu, the exhibition Forgotten Painters – Hidden Treasures of Romanian Art, […]
Update: Crin Antonescu is the proposed presidential candidate of the coalition formed by PSD, PNL, UDMR, and national minorities, political leaders confirmed on Monday morning, December 23. Each party is set to confirm this endorsement through internal votes. “PNL has signed this coalition protocol to ensure our country has a stable government during challenging times […]
Crin Antonescu, the former leader of the Liberal Party (PNL) and interim president during Traian Băsescu's suspension in 2012, could become the joint candidate of the Social Democrats (PSD) and Liberals (PNL) in the presidential elections to be held in the spring. The only politician who has firmly announced his candidacy so far is the […]
The Social Democrats (PSD), Liberals (PNL), and Hungarian party UDMR were, at the end of December 22, close to agreeing over the share of the ministries in a joint cabinet to be appointed before the end of the year, such as to enact the quasi-austerity package of fiscal corrective measures already inked by the Ministry […]
Romania's gas consumption will increase by 10 billion cubic meters in the next 3-4 years, which practically means a doubling of current consumption, according to the National Gas System Development Plan 2024 - 2033 drafted by the operator of the country's gas transport system, Transgaz. The additional source of gas would come from the Black […]
