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Automotive safety systems manufacturer Autoliv Romania, the local subsidiary of Swedish group Autoliv posted RON4.87 billion (EUR989.4 million) revenue in 2022, up 25.4% on the previous year, according to ZF calculations based on data from the Finance Ministry.

Rolling stock manufacturer Astra Rail Industries, which controls the railroad car manufacturers Astra Vagoane Arad, Romvag (Caracal) and Meva (Turnu Severin), with a history of over 100 years, posted RON824 million revenue last year, up 37% on the previous year, according to public data on the Finance Ministry website

BT Capital Partners, the brokerage division of the Banca Transilvania (TLV.RO) financial group, recorded a net profit of RON5.7 million last year, 42.6% below the RON10 million of 2021, according to calculations made by ZF based on Finance Ministry data.

Sortilemn (Gherla, Cluj County, NW Romania), one of the most important suppliers of Sweden’s IKEA, posted RON195.3 million (EUR39.6 million) revenue in 2022, an increase of 6.5% on 2021, ZF has calculated from Finance Ministry data.

Carmistin Group, which is owned by the Paraschiv family and includes over 20 com­panies active in the production of poultry meat, pork and beef, as well as in agriculture, has invested EUR8 million in the largest poultry farm in Olt County, in the locality of Potcoava.

A team of specialists in transactions from PwC Romania and lawyers from D&B David si Baias, the partner law firm of PwC in Romania, have assisted the shareholders of Dr. Leahu dental clinic chain, its founder, doctor Ionut Leahu, and the minority shareholder, private equity fund Morphosis Capital, in the transaction for the sale of the majority stake held in the entire group of companies toward private medical clinics chain Regina Maria.

Romania's current account balance posted a deficit of EUR5.46 billion in January-April 2023, lower by EUR2.2 billion than EUR7.71 billion in the same period of 2022, central bank data showed on Tuesday (June 13, 2023).

The average net salary in Romania increased by 0.2% in nominal terms in April 2023 compared to March 2023, to 4,564 (EUR920), data from the country's statistics board INS showed on Tuesday (June 13).

Romania's annual inflation rate kept decreasing in May 2023 and reached 10.6%, compared to 11.2% in April 2023, 14.5% in March 2023 and 15.5% in February 2023, data from the country's statistics board INS showed on Tuesday (June 13).

Delivery service company Sameday ended the first quarter of 2023 with an 11% turnover increase after revenues went up by 23% in 2022 to RON736 million.

The overall turnover of the main retailers in Romania in 2022 went up by almost 16.3% year-on-year, an increase that tops the average annual inflation rate of 13.8%, reveals a survey carried out by real estate consultancy Cushman & Wakefield Echinox based on the financial figures of 114 companies of 12 different fields.

Simus Trading, the company operating photo, video and accessories equipment store Photosetup, the second player specialized in this market niche after F64 Studio, in 2022 saw its turnover go up by 20%, to RON14.5 million.

Crama Ceptura, a company part of Purcari Wineries, a major player in Moldova’s wine sector, aims to invest around RON4.5 million in 2023, more than twice than in 2022, to retool and modernize Ceptura de Jos winery.

Sofiaman, a Targu-Neam-based company set up more than 25 years ago, specializing in the production and sale of pajamas, has now reached 19 stores countrywide and in 2022 generated turnover worth almost RON25 million, up around 3% from the previous year.

Cris-Tim Holding, one of the largest meats producers in Romania, ended 2022 with RON878 million revenue, more than 15% higher than the RON754 million of 2021, the data the company supplied for ZF’s `Cei mai mari jucatori din economie’ (Key players in the economy) yearbook show.

Affidea Romania, the largest actor on the medical imaging services market in Romania, ended 2022 with RON270 million revenue, an increase of 20% on the previous year, the data the company supplied for ZF’s `Cei mai mari jucatori din economie’ (Key players in the economy) yearbook show.

Banca Transilvania (TLV.RO), the largest bank in Romania by assets, on Monday evening notified the Bucharest Stock Exchange that it had decided to supplement its EUR500 million MREL eligible bond issue concluded in April by EUR100 million, as a result of high interest from investors.

Microsoft Romania posted its lowest profit in 20 years in 2022 – RON1.57 million, a decline of 96% on the previous year.

Romania's Competition Council on Monday said it approved a transaction through which Silcotub is taking over two collection centers for recyclable industrial waste operated and managed by Silnef.

Doron Klein, CEO of AFI Europe Romania and The Czech Republic, has been appointed Deputy CEO of international group AFI Europe, in addition to his current position.