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.
Romania registered the third lowest employment rate in the EU in 2023, following Italy and Greece, according to recent Eurostat data. Only 69% of Romanians aged between 20 and 64 are employed, meaning nearly one-third of Romanians are not working. Certain factors influence these figures. Romania makes use of a category of special pensions applied […]
Authorities are looking into the case of a Romanian minor who was allegedly sold for RON 8,000 (EUR 1,600) and arrived in Germany with false documents. Romanian authorities were notified by those in Germany regarding the case, but investigations are still ongoing. The minor is currently in the care of the German state. The boy […]
The residential market had a strong start in 2024, with the first quarter ending with an 18% increase in the number of residential transactions in Bucharest compared to the same period last year, according to Colliers data. In the rest of the country, the increase was slightly higher - 19%. According to Colliers consultants, buying […]
Siemens Healthineers, the medical technology branch of the German multinational, recently launched its newest MRI scanner, the MAGNETOM Flow, during an event held in Bucharest on April 24. Featured in one of the panels during the event, Sonja Wehsely, executive vice president CEECA Siemens Healthineers, highlighted the strengths of the new scanner. Wehsely, who has […]
The Romanian General Prosecutor's Office officially announced the indictment of former president Ion Iliescu, former prime minister Petre Roman, and former deputy prime minister Gelu-Voican Voiculescu for crimes against humanity, in the case of the Mineriada (miners' riot) of June 1990. Along with the three, the former director of the Romanian Intelligence Service (SRI), Virgil […]
Uber launched its Green service in the popular mountain city of Brașov, in central Romania, on April 25, with a fleet of environmentally friendly vehicles such as Toyota Prius, Hyundai Ioniq, Tesla Model Y, and Volkswagen ID.3. Previously, the Uber Green option was made available to residents and tourists of Cluj-Napoca in November 2023. “We […]
