Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. Romania has largest companies and banks, but not...

Romania has largest companies and banks, but not insurers, in Southeast Europe

November 23, 2021

of the biggest banks - but when it comes to insurer country's supremacy in the region is not that robust.   There's no Romanian insurer among the biggest seven regional players (not counting bankrupt City Insurance) that come from the tiny markets of Slovenia and Croatia. Automobile Dacia leads for the 7th consecutive year in the top of the largest companies in South-Eastern Europe, even if its revenues last year fell by 26% to EUR 3.8 bln, according to the SEE TOP ranking 100 by SeeNews, a Sofia-based business news provider.   This year's ranking includes fifty-two companies in Romania, of which Automobile Dacia, OMV Petrom, OMV Petrom Marketing and Lidl Discount rank in the top five, with total cumulative revenues of EUR 15.7 bln.  

Read in full - click here
TIFF: Béla Tarr, Maria de Medeiros among guests of film festival taking place in Cluj

Hungarian filmmaker Béla Tarr (in opening photo) is one of the guests of this year’s Transilvania International Film Festival (TIFF), which is currently taking place in Cluj-Napoca. He will receive a Lifetime Achievement Award at the TIFF Awards Gala. Until then, audiences will have the chance to meet him at the cinema and attend a […]

Auchan Romania voted “Retailer of the Year 2025” and Awarded for Romanian Private Label Products

With a continued commitment to innovation, sustainability, and affordability, Auchan Romania has received three major distinctions at the “Voted Product of the Year 2025” competition – the most prestigious recognition platform for innovation and performance among products, brands, and retail networks in Romania. In addition to being named Retailer of the Year in the Hypermarket […]

Three out of four Romanians think sustainability is an individual responsibility, survey shows

Roughly 72% of Romanians believe that their own actions have the greatest impact in building a sustainable future. At the same time, they acknowledge the essential role of companies (68%) and governments (66%) in achieving sustainability goals, according to the fourth annual edition of the National Barometer on Romanians' perceptions and behaviors related to sustainability […]

Romanian mobile accessories retailer Contakt plans IPO on BVB’s AeRO market

Contakt, a Romanian mobile accessories retailer operating a nationwide network of 245 stores, has announced plans to list on the AeRO market of the Bucharest Stock Exchange this fall.  Roughly 10% of the company’s share capital will be made available to investors during the IPO, with a gradual increase in free float to 30-40% forthcoming. […]

Wizz Air reopens base in Romania's Suceava, introduces eight additional routes

Wizz Air will reopen its base in Suceava, in northeastern Romania, where it will allocate two Airbus A321neo aircraft. With these, the airline will operate a total of 43 aircraft during the winter season in Romania. Wizz Air will also introduce eight routes from Suceava starting in December. Passengers will be able to fly from […]

Romanian College of Physicians currently developing legislative proposal for end-of-life care

A new legislative proposal is currently being developed regarding end-of-life care, according to doctor Cătălina Poiană, president of the Romanian College of Physicians. It would be a first for the Romanian medical system. Dr. Poiană specified that the document has been worked on by representatives of the Romanian Society of Anaesthesia and Intensive Care (SRATI), […]