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.
The agency plans to expand its team and reach a turnover of EUR 450,000 by year-end. June Communications (JUNE), a business-to-business PR and integrated communications agency, has appointed Bianca Caragea as its new Operations Manager. The step strengthens the agency’s management team as it enters a new stage of growth after seven years of sustained […]
The Babeș-Bolyai University of Cluj-Napoca (UBB) has established an endowment fund, which the institution described as a "strategic" financial mechanism aimed at supporting academic excellence and ensuring the long-term sustainability of university projects. The initiative is a first of its kind in the local academia, UBB said. The endowment fund involves attracting donations/financial resources and […]
Romanian authorities are reportedly considering imposing an access fee for the Transfăgărășan mountain road. The funds would be used for setting up decent parking areas, selecting merchants, and similar initiatives. The beautiful, winding road is one of the most visited tourist attractions in the country. Local authorities say the funds from an eventual toll would […]
Colombian reggaeton superstar J Balvin will perform in Dubai for the first time this November, headlining Untold, the globally recognized festival born in Romania. The event will take place from November 6 to 9 at Dubai Parks and Resorts, featuring more than 100 international acts across five stages. The festival is staged in partnership with […]
More than 17% of Romania’s population faced severe material and social deprivation last year, which was one of the highest shares in the EU, according to the statistical bureau of the European Union - Eurostat. In 2024, 6.4% of people in the European Union faced severe material and social deprivation, a slight decrease compared to […]
The Freedom and Respect for Every Earthling association will hold the March for Animal Rights in Bucharest on October 4, to mark International Animal Day. The march will start at 11 AM at the National Theater Park, and will go on to Piața Victoriei. Organizers say they aim to bring to the forefront the suffering […]
