Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. Coface: Romania acts under its potential: this year...

Coface: Romania acts under its potential: this year there is no company left in top 20 Central and Eastern Europe

December 21, 2021

Romania acts under potential, and this year there is no company left in top 20 of the companies of Central and Eastern Europe, although there should be represented in top 10 companies in the region, said on Monday Eugen Anicescu, Country Manager, Coface Romania, in a press conference.According to him, Romania occupies place four in the top, with 56 companies, fewer with two against the previous top. According to him, Romania should occupy the second place and this is to be aimed at in a medium and long term.Eugen Anicescu stated that Romania has more companies which grow their turnover than companies which drop their turnover, as they are companies in sectors which benefitted from this period.The average rating of the companies in Romania which are in the top is 7, the second highest of all countries. The representative of Coface Romania said that this is due to the fact that Romania has extremely solid companies in top 500. Similarly, it is another proof of the polarity of the Romanian economy.From the sector perspective, top 3 sectors is made up of the non-specialised commerce, the oil sector and the automotive sector.The best positioned Romanian company in the country top is 22nd in that of region top. As for newly entered companies in the top there are two state-run companies: Nuclearelectrica and Transelectrica.

Read in full - click here
Romania joins call for EU-funded migrant return hubs outside bloc

Romania is among 19 European Union member states asking the European Commission to allocate funding for the creation of migrant return centres to be located outside the EU, amid a broader tightening of the bloc’s migration policy, Agerpres reported. The request follows decisions taken by...

Romanian minister fined by state agency for SOEs supervision

The minister of economy, Radu Miruţă, announced that the Agency for Monitoring and Evaluation of Public Enterprises' Performance (AMEPIP) fined him, as a natural person, for "wanting a clean and fair management at a state-owned company" - Avioane Craiova.  The fine is apparently linked to comments made by minister Miruţă about the management teams appointed […]

Romanian MPs endorse law against extremism returned by president for review

The Chamber of Deputies, as a decision-making body, adopted the Law on Combating Antisemitism and Xenophobia on December 17, after the law was first referred to the Constitutional Court and then sent back to Parliament for re-examination by president Nicușor Dan, who indicated ambiguous formulations in the text that would excessively extend its scope, making […]

Engie takes over 253 MW wind farm from Greenvolt in Romania

Greenvolt Group, through Greenvolt Power, a developer of wind, photovoltaic, and battery energy storage projects, announced that it has agreed to the sale of a 253 MW onshore wind project in Ialomița County to Engie Romania, a subsidiary of Engie Group. This agreement follows a series of successful asset-rotation operations announced by Greenvolt in 2025, […]

Romania's competition body slaps EUR 26.6 mln fine on three companies on tobacco market

The Romanian Competition Council has fined Philip Morris Trading, Interbrands Orbico, and Mediaposte Hit Mail with fines totaling RON 135.2 million (EUR 26.6 million) for participating in anti-competitive agreements on the heated tobacco products market. The decision is enforceable. Following an investigation, the competition authority said it found that there were agreements between Philip Morris […]

Romanian government earmarks RON 3.8 bln to clear arrears to contractors

The government approved on December 17 an emergency ordinance by which the Ministry of Finance allocates almost RON 2.5 billion (nearly EUR 500 million), intended for the payment of arrears of the Ministry of Development (MDLPA) and the continuation of public investments.  This comes on top of RON 1.35 billion allocated to the Ministry of […]