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 countdown is on until the start of the largest local fest, Transilvania International Film Festival on 13 June. Or, as everyone calls it: TIFF. To pass the time and (or) have an alternative, do not miss some of the most entertaining stories of all time courtesy of suspense master Alfred Hitchcock. And check out […]
Roughly 45.7% of Romanians believe the country’s May presidential elections were rather unfairly organized, while 50.4% believe they were fair, according to a survey by INSCOP Research. Romania's previous presidential elections, which saw centrist Bucharest mayor Nicusor Dan emerge victorious, saw extreme polarization. Immediately after...
CARFIL Brasov, central Romania, is set to begin production of three types of Romanian military UAVs this year, news agency Agerpres reported. The drones, named Cuda, Sirin, and a marine drone, were unveiled at the Southeast Europe Special Operations Forces Forum 2025 (SEESOF) in Targu Mures, the first international expo-forum dedicated to the special operations forces. ...
The National Meteorological Administration of Romania, or ANM, aims to become a European regional hub for professional training in the field of climate change, according to director general Elena Mateescu. The official noted during “The Future of Agriculture” forum held on Thursday, June 5, that the ANM has already completed the European Agrometeorology Center, which […]
Romania’s Interior Ministry (MAI) and Defense Ministry (MApN) have warned of ongoing disinformation campaigns on social media aimed at manipulating public opinion. The latest wave of false claims includes reports about the imposition of martial law and border closures, seeking to heighten public anxiety over the risk of war. Romanians, whether abroad or within the […]
The International Monetary Fund (IMF) issued new recommendations to Romania, among which is an increase in VAT, but also excise duties, dividend taxes, and the introduction of two income tax rates of 15% and 25%. At the same time, it recommends the reduction or elimination of the health insurance contribution, as well as a change in […]
