The Chamber of Commerce and Industry of Romania (CCIR) has finalized the ranking of Romanian companies that have submitted their financial-accounting balance sheets for the year 2023, with 334,870 such balance sheets entering the competition for the first 10 positions, in accordance with the methodology for making the company lists implemented by the Chambers of Commerce in all the counties of the country.Thus, according to a press release sent on Tuesday, a number of 12,897 companies were included in the first 10 positions, with a cumulative turnover of 270.56 billion euros. At the same time, the operating profit of these companies amounted to 25.55 billion euros. The share of profit in the turnover represented 9.4% of the total turnover. Regarding the total number of employees of the companies ranked in the first 10 positions, it was 1,342,380.The most significant fields, by weight, according to the number of companies included in the top 10, are: industry (34.7%) and services (28.56%), followed by trade (20.71%), agriculture, forestry and fishing (5.07%), construction (4.77%), research-development and high-tech (3.72%), tourism (2.41%).By turnover, trade has a share of 45.1% of the total turnover of the companies, followed by industry (33.23%) and services (11.56%). The most profitable companies are operating in the industry sector, with a profit of 42.42% of the total profit and a share of the profit of 12% of the turnover of the companies in this economic sector."The National Top of Companies 2024 presents the best performing companies in seven fields of activity: industry; services; trade; tourism; research-development and high-tech; agriculture, forestry and fishing; construction. The ranking of the National Top of Companies is based on the following economic indicators: net turnover; profit from exploitation; efficiency of the use of human resources and the efficiency of the use of the employed capital," reads the same press release.The Chamber of Commerce and Industry of Romania (CCIR) produces, since 1994, the National Top of Companies (TNF), being the only institution authorized by an organic law to establish such a hierarchy at the level of the entire country. The 31st edition of the National Top of Companies Gala 2024 will take place on November 7, at Romexpo.
The authorities in Bran, central Romania, recently revealed a plan to transform the central park into an attractive spot for leisure activities that would benefit from the proximity to the small community's famous castle. A specialized design firm has been contracted to modernize the park, and has already begun the process of obtaining approvals for […]
Rubik Hub has been ranked 39th out of 150 in the prestigious Europe’s Leading Start-up Hubs 2025 ranking. Compiled by the Financial Times, in collaboration with international research and data company Statista and start-up media platform Sifted, the ranking identifies and highlights the top-rated and most recommended start-up support programs across Europe. Rubik Hub achieved […]
Romanian foreign minister Emil Hurezeanu stated at the High-Level Segment of the 58th session of the UN Human Rights Council (HRC) in Geneva that strengthening mechanisms for investigating human rights violations in Ukraine is necessary. The statement comes as the United States under the Trump administration has toned down its condemnations against Russia amid the […]
Several Western embassies in Bucharest expressed support for Romania on Thursday, February 27, emphasizing its commitment to the rule of law, democratic values, and judicial independence, Biziday.ro reported. Representatives of France, Germany, the Netherlands, and Spain posted messages on social media reaffirming their confidence in Romania's institutions amid recent criticism from figures associated with the...
RoBoost, Romanian Business Leaders’ program dedicated to the development of Romanian Tourism Brand, was the host of “Strategies and Influencers for the Future of Romanian Tourism” Conference at the RomExpo Tourisn Fair in Bucharest. The Conference brought together industry leaders, experts and influencers to discuss insights and opportunities for a future of...
Romanians welcome spring on March 1 with the centuries-old tradition of mărțișor, a red-and-white trinket symbolizing luck and continuity. To mark the occasion, Patricia Furstenberg, a Romanian-born author in South Africa and a Romania-insider.com reader, shares a story that “blends atmospheric storytelling with the deep-rooted symbolism of mărțișor, exploring how a simple string can carry the […]
