The share of profit in the business figure maintained constant, exploitation profit representing 8% of the overall business figure with companies analyzed in the study, confirmed by National Company Top 2021, made by Romania's Chamber of Trade and Industry. (CCIR).According to the source, Romanian economy proves resilience, despite difficulties triggered by the health crisis. In 2021, 12,393 companies were included in the first ten positions. The cumulated business figure of companies included in the first ten places is 178.18 billion euros and the exploitation profit of companies amounted to 15.08 billion euros. As for the total number of employees of companies ranking in the first ten positions, it was 1.279 millions, CCIR representatives say. “Despite major challenges of 2020, economy did not stop, but proved resilience, showing that businessmen found the necessary solutions to adapt the new reality. Challenges remain major for Romanian companies. Labor force crisis and the high level of bureaucracy are breaks limiting economic growth. Institutional stability and a consisting dialogue with central and local authorities are essential conditions to maintain Romania's economic stability,” CCIR representatives say. 768,372 financial reports of active companies in Romania were analysed when making the TNF top, representing an increase of over 5% against the previous year. Of them, 250,925 reports entered the competition for the first ten positions in the national top, according to the methods of making company tops implemented by Chambers of Trade in all country counties. CCIR has organized the National Company Top (TNF) since 1994, being the only organization entitled to make such a top at country level by organic law. According to the source, the 28th TNF edition of 2021 classified 12,393 companies in the first ten positions at national level: 4,394 in industry, 3,441 in services, 2,613 in trade, 271 in tourism, 465 in research-development and high tech, 614 in agriculture, silviculture and fishing and 595 in constructions.
The fourth edition of the Romanian Creative Week (RCW), will take place in Iași, eastern Romania, between May 15-26. The event brings together over 1,000 Romanian and foreign artists, 200 events, 350 volunteers, dozens of exhibitions, film festivals, theater and dance performances, three days of fashion shows, as well as visual arts exhibitions, concerts, conferences, […]
Kenyan Alex Nzioka Matata won the Bucharest Half Marathon held last Sunday, May 12, with a time of one hour, one minute, and four seconds. Second place was taken by another Kenyan, Chebor Elvis Tabarach, with a time of one hour, four minutes, and three seconds, while third place went to another Kenyan athlete, Kibet […]
Systematic, a leading Danish provider of software solutions for digitalization that also has a development center in Bucharest with more than 150 skilled IT specialists, has been selected by NATO to provide Command and Control software. SitaWare Headquarters, the software chosen by the international organization, is also developed in Romania by the local team. Signing […]
Romania’s health minister, Alexandru Rafila, announced the initiation of a market study for the construction of the first National Proton Therapy Center in Southeast Europe at the Bucharest Oncology Institute. The project is valued at EUR 70 million. Proton therapy involves using protons to deliver a dose of radiation that kills tumor cells. "Proton therapy will […]
The investment funds active in Romania are more optimistic about the evolution of the local market in 2024 compared to the previous year, according to Roland Berger’s Private Equity Outlook 2024. More than 70% of the respondents in the survey anticipate an increase in the number of transactions made by investment funds in Romania, after 2023 […]
The success rate of requests for bank loans registered on the 123credit.ro platform was approximately 4%, in the first quarter of the year, according to 123credit.ro, the main online credit platform in Romania. White Image together with 123credit.ro contributed to the efficiency of the process of obtaining a bank loan by automating the communications of […]
