Top Industries Contributing to Romania’s GDP
The sectors that contribute the most to Romania’s GDP are also the ones that dominate the top ten in terms of revenue. Energy, retail, and the automotive industry are among the top ten companies in terms of revenue. The construction sector, however, does not have a major player in the business landscape of 2023.
Upcoming Events
On July 25th, the Medika TV Marathon will focus on Urinary Tract Health. Then, on July 30th, Profit News TV will host a marathon discussing Artificial Intelligence in the Economy.
No company in the top 50 in Romania has construction as its main activity, according to termene.ro. This highlights the dominance of other sectors in the country’s economic landscape.
Interesting Facts from Romania’s Top 50 Companies
In terms of the number of employees, the public sector used to dominate the top positions in the ranking. However, with the rise of other industries, the public sector has been overshadowed by sectors like energy, retail, and automotive.
Top 10 Companies in Romania by Revenue
Out of the top ten companies in Romania by revenue, only one is a state-owned company, Hidroelectrica. Another state-owned company can be found in the top 20 positions of this ranking. However, private companies clearly dominate this list of the companies in Romania that have achieved the highest revenues in 2023.
OMV Petrom Maintains Top Position
OMV Petrom continues to hold the top position this year as well. It is the largest company in Romania in terms of revenue, even though revenues have decreased by 22 billion lei. While retail through major chain stores is the sector that offers the most jobs, energy is the sector with the most companies among the top 10 in terms of revenue.
Regional Distribution
Bucharest is home to 26 companies in the top 50 of this revenue ranking for the year 2023. Another five companies come from locations in Ilfov. Brașov represents the province with the most companies in the top 50, showcasing the diversity of economic activity across Romania.
Top 3 Most Profitable Companies in Romania
1. Oil & Gas Company X from Bucharest
This company achieved a turnover of 33.8 billion lei in 2023. The reported profit was 3.9 billion lei. The company’s main activity is the extraction of crude oil, and it had 7,228 employees last year. The main shareholder is OMV Aktiengesellschaft from Austria (51.1568%).
2. Automobile-Dacia SA from Mioveni
In 2023, this company recorded a turnover of 26 billion lei. The reported profit was 529.2 million lei. The company’s main activity is the manufacturing of road transport vehicles, and it had 14,457 employees last year. The main shareholder is Renault SA (99.426234%).
3. OMV Petrom Marketing SRL from Bucharest
This company achieved a turnover of 23 billion lei in 2023. The reported profit was 620.9 million lei. The company’s main activity is retail trade in fuels, and it had 5,102 employees last year. The main shareholder is OMV Petrom SA (51%).
Top Retail Companies in Romania
1. Petrom SA in Bucharest
Petrom SA is a leading oil and gas company in Romania, with a focus on refining and distribution of fuel for vehicles in specialized stores. The company had 190 employees last year and is solely owned by OMV Petrom SA.
2. Lidl Discount SRL in Bucharest
Lidl Discount SRL reported a turnover of 21.7 billion lei in 2023, with a profit of 1 billion lei. The company specializes in retailing in non-specialized stores, with a predominant sale of food, beverages, and tobacco products. It had 11,293 employees last year, and the main shareholder is W E International GMBH (99.999998%).
3. Kaufland International Erste GMBH in Romania
Kaufland International Erste GMBH reported a turnover of 18.3 billion lei in 2023, with a profit of 864.8 million lei. The company operates in retailing in non-specialized stores, with a predominant sale of food, beverages, and tobacco products. It had 14,340 employees last year, and the main shareholder is Kaufland International Erste GMBH (99.9%).
Top Three Companies in Romania
In 2023, Nare SA from Navodari reported a revenue of 17.1 billion lei. Despite this, the company also faced losses of 550 million lei. With a focus on manufacturing products derived from oil processing, Nare SA had 1,124 employees last year. The company’s shareholders include the Dutch company KMG International NV (48.1136%), the Romanian state through the Ministry of Energy (44.6959%), and a list of other shareholders (7.19%).
Rompetrol Downstream SRL from Bucharest
Rompetrol Downstream SRL achieved a revenue of 14.4 billion lei in 2023, with reported profits of 186.9 million lei. Specializing in retailing fuel for vehicles in specialized stores, the company had 438 employees last year. The main shareholder is Rompetrol Rafinare SA (99.994689%).
Ford Otosan Romania SRL from Craiova
Reporting a revenue of 13.6 billion lei in 2023, Ford Otosan Romania SRL is a significant player in the market. With a focus on automotive manufacturing, the company has made its mark in the industry. With a strong presence in Craiova, Ford Otosan Romania SRL is a key player in the Romanian economy.
Top Companies in Romania
In the competitive business world of Romania, many companies strive to succeed and make a profit. However, not all companies achieve this goal. Let’s take a look at some of the top companies in Romania and their financial performance.
Ford Motor Company SRL in Bucharest
Ford Motor Company SRL, a company specializing in the manufacturing of road transport vehicles, reported losses of 15.1 million lei in the last fiscal year. Despite having 5,581 employees, the company did not manage to generate a profit. Its sole shareholder is Ford Otosan Netherlands from the Netherlands.
Profi Rom Food SRL in Brasov
Profi Rom Food SRL, a company engaged in retail sales of predominantly food products, achieved a turnover of 12.9 billion lei in 2023. Unfortunately, the company reported losses of 213 million lei and had 9,944 employees. Its sole shareholder is Mep Retail Luxco SARL from Luxembourg.
Electricity Company SRL in Bucharest
Electricity Company SRL, a company involved in the production of electricity, recorded a turnover of 12.342 billion lei in 2023. The company managed to generate a profit of 6.35 billion lei with 3,461 employees. Its main shareholder is the Romanian state through the Ministry of Energy.
Dedeman SRL from Bacau
In 2023, Dedeman SRL from Bacau reported a turnover of 11.5 billion lei, with a profit of 1.5 billion lei. The company specializes in retail trade of hardware, glassware, and paint supplies in specialized stores, and had 12,113 employees last year. The sole shareholder is Paval Holding SRL.
Carrefour Romania SA from Bucharest
Carrefour Romania SA from Bucharest reported a turnover of 11.3 billion lei in 2023, with a profit of 249 million lei. The company is engaged in retail trade in non-specialized stores, predominantly selling food, beverages, and tobacco, and had 9,278 employees last year. The main shareholder is Carrefour Group.
Lukoil Romania SRL from Bucharest
Lukoil Romania SRL from Bucharest reported a turnover of 11.1 billion lei in 2023, with a profit of 353.6 million lei.
Energy companies in Romania
One of the leading energy companies in Romania is involved in the retail sale of fuel for vehicles in specialized stores. Last year, the company had 356 employees. Its sole shareholder is Litasco SA (100%).
Electrica Furnizare SA from Bucharest
In 2023, Electrica Furnizare SA reported a turnover of 10.8 billion lei with a profit of 64.8 million lei. The company’s main activity is the sale of electricity, and it had 801 employees last year. The largest shareholder is Societatea Energetică Electrica SA (99.999844%), with the Romanian state holding 48.79% through the Ministry of Energy.
Gas company in Romania
Another significant energy company in Romania reported a turnover of 10.7 billion lei in 2023, with a profit of 624.9 million lei. The company specializes in the sale of natural gas through pipelines and had 831 employees last year. The main shareholder is Engie Group Participations (62.993465%).
Investing in Romanian Businesses
Capital is looking to acquire shares in Stripe, a company valued at $70 billion. The company is expanding its business in Romania.
Metro Cash&Carry Romania SRL
In 2023, the company achieved a turnover of 10.5 billion lei with a reported profit of 41 million lei. Its main activity is wholesale trade of food, beverages, and tobacco products, and it had 3,928 employees last year. The main shareholder is Metro Cash&Carry from the Netherlands (75%).
E.on Energy Romania SA
In 2023, the company had a turnover of 10.2 billion lei with a reported profit of 133.5 million lei. Its main activity is the marketing of gas fuels through pipelines, and it had 679 employees last year. The main shareholder is E.on Romania SA (68.18%).
Star Assembly SRL
In 2023, the company achieved a turnover of 10.01 million lei.
Mega Image SRL from Bucharest
In 2023, the company Mega Image SRL from Bucharest achieved a turnover of 9.88 billion lei. The reported profit was 218 million lei. The company’s main activity is “retail trade in non-specialized stores, predominantly selling food products” and had 10,886 employees last year. The sole shareholder is Delhaize The Lion Nederland BV from the Netherlands.
Company X
In 2023, Company X achieved a turnover of 9.1 billion lei. The reported profit was 243 million lei. The company’s main activity is “retail sale of automotive fuel in specialized stores” and had 259 employees last year. The sole shareholder is Mercedes-Benz AG.
Top Companies in Romania
One of the leading companies in Romania is Mol Hungarian Oil & Gas Public Limited Company, with a 100% ownership. They are known for their expertise in the oil and gas industry.
Romgaz SA from Sibiu
Romgaz SA, based in Sibiu, reported a turnover of 8.61 billion lei in 2023, with a profit of 2.64 billion lei. The company specializes in natural gas extraction and had 5,287 employees last year. The majority shareholder is the Romanian state through the Ministry of Energy (70.007109083%).
REWE (Romania) SRL from Ștefăneștii de Jos
REWE (Romania) SRL, located in Ștefăneștii de Jos, recorded a turnover of 8.32 billion lei in 2023, with a profit of 224.4 million lei. The company focuses on retail trade in non-specialized stores, predominantly selling food, beverages, and tobacco products, and had 6,524 employees last year. The sole shareholder is REWE-Beteiligungs-Holding International GMBH.
Robert Bosch SRL from Bucharest
Robert Bosch SRL in Bucharest reported a turnover of 8.15 billion lei in 2023. The company is known for its innovative technologies and products in various industries.
Robert Bosch Gmbh: A Leader in Electrical Equipment Manufacturing
With a reported revenue of 8.12 billion lei in 2023, Robert Bosch Gmbh is a key player in the manufacturing of electrical and electronic equipment for vehicles and vehicle engines. The company employs 5,875 people and reported a profit of 189 million lei. Based in Germany, Robert Bosch Gmbh is the sole shareholder of the company.
Ameropa Grains SA: A Major Player in Wholesale Grain Trade
Ameropa Grains SA, based in Constanța, had a revenue of 8.12 billion lei in 2023. Specializing in wholesale trade of cereals, seeds, animal feed, and unprocessed tobacco, the company reported a profit of 20 million lei. With 391 employees, the majority shareholder of Ameropa Grains SA is Ameropa DG Holding AG from Switzerland (99.9999%).
Dante International SA: Leading Retailer of Home Appliances
In 2023, Dante International SA in Bucharest reported a revenue of 7.71 billion lei. Specializing in retail of home appliances and electronics, the company reported a profit of 119 million lei. Dante International SA is a major player in the retail industry, catering to the needs of consumers for quality home appliances.
Top 3 Companies in Romania in 2023
1. SMIH B2C Holdings B.V. is the majority shareholder of a specialized retail company that had 3,231 employees last year. The company focuses on providing high-quality products to its customers.
2. National Nuclearelectrica SA in Bucharest reported a turnover of 7.46 billion lei in 2023, with a profit of 2.5 billion lei. The company is engaged in the production of electric energy and employed 2,352 people last year. The majority shareholder is the Romanian state through the Ministry of Energy.
3. Oscar Downstream SRL in Măgurele had a turnover of 7.29 billion lei in 2023, with a profit of 341.8 million lei. The company specializes in wholesale trading of solid, liquid, and gaseous fuels and their derivatives, employing 499 people last year. The company’s shareholders are Alfa Investment (Cy) Limited (95%) and Costina Niculae (5%).
29. Altex Romania SRL from Voluntari
In 2023, Altex Romania SRL from Voluntari reported a turnover of 7 billion lei, with a profit of 145.8 million lei. The company specializes in retailing household appliances and electronics in specialized stores and had 3,717 employees last year. The majority shareholder is Dan-Constantin Ostahie, owning 73.46% of the company.
30. Fildas Trading SRL from Pitesti
Fildas Trading SRL from Pitesti achieved a turnover of 7.25 billion lei in 2023, with a reported profit of 86.7 million lei. The company is engaged in retailing non-specialized stores with predominantly food, beverage, and tobacco products and employed 7,012 people last year. The majority shareholder is Monicole Exploitatiemaatschappij BV, owning 75% of the company.
2023 Financial Performance of Three Romanian Companies
In 2023, three Romanian companies reported their financial results. Let’s take a closer look at each of them:
1. PharmaWholesale SRL in Bucharest
PharmaWholesale SRL, based in Bucharest, reported a turnover of 6.9 billion lei in 2023. The company’s profit was 319 million lei. It operates in the wholesale trade of pharmaceutical products and had 1,660 employees last year. The majority shareholder is Anca Vlad, holding 99.9117% of the shares.
2. Oltenia Energy Complex SA in Târgu Jiu
Oltenia Energy Complex SA, located in Târgu Jiu, achieved a turnover of 6.3 billion lei in 2023. The company reported a profit of 1.02 billion lei. Its main activity is the production of electricity, and it employed 10,152 people last year. The majority shareholder is the Romanian state, represented by the Ministry of Energy, holding 87.483395074% of the shares.
3. Interbrands Orbico SRL in Bucharest
Interbrands Orbico SRL, based in Bucharest, recorded a turnover of 6.08 billion lei in 2023. The company’s profit was 53.4 million lei. Its main activity is the wholesale trade of cosmetic and perfume products, and it had 2,176 employees last year.
Autoliv Romania SRL from Brasov
In 2023, the company achieved a turnover of 6.01 billion lei. The reported profit was 143 million lei. The company’s main activity is “manufacture of other parts and accessories for motor vehicles and engines” and had 8,813 employees last year. The majority shareholder is Autoliv Beteiligungsgesellschaft Gmbh (99.0267%).
Orange Romania SA from Bucharest
In 2023, the company achieved a turnover of 6.004 billion lei. The reported profit was 283 million lei. The company’s main business activity is “telecommunications activities through cable networks (excluding satellite)” and had 2,368 employees last year. The sole shareholder is Atlas Services Belgium SA.
Samsung Electronics Romania SRL from Bucharest
In 2023, the company achieved a turnover of 5.62 billion lei. The reported profit was 169.1 million lei.
Viterra Romania SRL from Bucharest
Viterra Romania SRL, based in Bucharest, reported a turnover of 5.57 billion lei in 2023. The company specializes in wholesale trade of cereals, seeds, animal feed, and unprocessed tobacco. With 63 employees last year, Viterra Romania SRL generated a profit of 47 million lei. The sole shareholder is Ammizinc BV from the Netherlands.
Renault Commercial Roumanie SRL from Bucharest
Renault Commercial Roumanie SRL, located in Bucharest, achieved a turnover of 5.39 billion lei in 2023. The company’s main activity is the wholesale trade of automobiles. With a reported profit of 71 million lei, Renault Commercial Roumanie SRL continues to thrive in the market.
Renault Romania SA in Pitesti
Renault Romania SA, located in Pitesti, is a company that specializes in the production of cars and light vehicles (under 3.5 tons). Last year, the company had 149 employees. The shareholders are Renault SAS (99.99959%) and Renault Développement Industriel et Commercial (0.00041%).
Michelin Romania SA in Voluntari
Michelin Romania SA, based in Voluntari, reported a turnover of 5.36 billion lei in 2023. However, the company experienced losses of 77.3 million lei. With a focus on manufacturing tires and inner tubes, as well as retreading and refurbishing tires, the company had 4,911 employees last year. The majority shareholder is Compagnie Financiere Michelin (99.857111%).
Vodafone Romania SA in Bucharest
Vodafone Romania SA, headquartered in Bucharest, generated a turnover of 4.48 billion lei in 2023. Unfortunately, the company did not make a profit, but instead incurred losses of 182 million lei. Specializing in telecommunications activities through cable networks (excluding satellite), the company had 2,289 employees last year. The majority shareholder is Vodafone Eur
ope.
Cargill Agriculture SRL in Bucharest
In 2023, the company achieved a turnover of 5.14 billion lei. The reported profit was 32.8 million lei. The company’s main activity is “wholesale trade of cereals, seeds, fodder, and unprocessed tobacco” and had 154 employees last year. The majority shareholder is Cargill Incorporated (70%).
Digi Romania SA in Bucharest
In 2023, the company achieved a turnover of 5.12 billion lei. The reported profit was 609 million lei. The company’s main business activity is “telecommunications activities through cable networks” and had 10,177 employees last year. The majority shareholder is Digi Communications NV from the Netherlands (93.575518%).
Alliance Healthcare Romania SRL in Bucharest
In 2023, the company achieved a turnover of 4.86 billion lei. The reported profit was 81 million lei.
Transelectrica SA – A Leading Electricity Transport Company
Transelectrica SA, a company specializing in electricity transport, reported a turnover of 4.63 billion lei in 2023. With a reported profit of 213.6 million lei, the company had 1,980 employees last year. The majority shareholder is the Romanian state through the Ministry of Economy (58.6882%).
PPC Energie SA – A Key Player in Electricity Distribution
In 2023, PPC Energie SA in Bucharest recorded a turnover of 4.6 billion lei but announced losses of 46.9 million lei. With a focus on electricity distribution, the company had 278 employees last year. The majority shareholder is PPC-Public Power Corporation Romania SA (63.003%).
Continental Automotive Products SRL – Innovating in Timișoara
Continental Automotive Products SRL in Timișoara is a leading company in the automotive industry, specializing in innovative products. With a strong focus on research and development, the company is known for its cutting-edge technology and quality products.
Company Financial Performance in 2023
In 2023, Company A reported a turnover of 4.6 billion lei with a profit of 639.6 million lei. The company specializes in manufacturing tires and inner tubes, retreading, and refurbishing tires. It had 2,593 employees last year, with Continental Global Holding Netherlands BV being the sole shareholder.
Porsche Romania SRL in Voluntari
Porsche Romania SRL in Voluntari achieved a turnover of 4.48 billion lei in 2023, with a reported profit of 358 million lei. The company is engaged in the trade of cars and light vehicles (under 3.5 tons) and had 142 employees last year. The shareholders are Porsche Holding Gesellschaft GmbH from Austria (99.9944%) and Automotive Investment GmbH from Austria (0.0056%).
Selgros Cash & Carry SRL in Brasov
Selgros Cash & Carry SRL in Brasov reported a turnover of nearly 4.5 billion lei in 2023, with a profit of 89.8 million lei. The company specializes in wholesale trade and had a successful year with this financial performance.
Wholesale Trade of Food, Beverages, and Tobacco
Last year, a company engaged in the wholesale trade of food, beverages, and tobacco had 4,755 employees. The sole shareholder of the company is Transgourmet Central and Eastern Europe GMBH.
British American Tobacco (Romania) Trading SRL
In 2023, this company based in Bucharest recorded a turnover of 4.48 billion lei, with a reported profit of 97 million lei. The company’s main activity is the wholesale trade of tobacco products, and it had 856 employees last year. The sole shareholder is Batig Gesellschaft Für Beteiligungen Gmbh.
Pirelli Tyres Romania SRL
Pirelli Tyres Romania SRL, located in Slatina, achieved a turnover of 4.39 billion lei in 2023, with a reported profit of 134.7 million lei. The company is involved in the manufacturing of tires and inner tubes, as well as retreading and refurbishing tires, and had 4,305 employees last year. The sole shareholder is the Italian company Pirelli Tyre SPA.
Continental Automotive Holding Netherlands BV: A Leader in Automotive Electronics
In 2023, Continental Automotive Holding Netherlands BV achieved a turnover of 4.37 billion lei, with a reported profit of 54.4 million lei. The company specializes in the manufacturing of electrical and electronic equipment for vehicles and vehicle engines, catering to the automotive industry.
With a workforce of 3,616 employees, Continental Automotive Holding Netherlands BV has established itself as a key player in the field of automotive electronics. The sole shareholder of the company is Continental Automotive Holding Netherlands BV, a testament to its strong position in the market.