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February 28, 2021

Largest 100 companies controlled by Romanians: turnover of EUR 10 bln

The largest 100 companies controlled by Romanian entrepreneurs employ almost 90,000 people and achieved a cumulated turnover of RON 45 bln (EUR 10.6 bln) last year, accounting for 4 pc of the turnover of all Romanian companies, according to an analysis made by the ‘Ziarul Financiar’ newspaper. The large companies controlled by Romanians have a cumulated personnel of almost 90,000, or 3 pc of the total number of private sector employees. The 100+ private companies that form the Foreign Investors Council (FIC) last year had a total turnover of EUR 36 bln, according to data provided by the association. Zoltan Teszari, a shareholder in the telecom group RCS&RDS, Ioan Niculae, the owner of Interagro group, and Cezar Rapotan, who owns Arabesque Galati, are in control of the biggest three Romanian-owned companies in the country. The cumulated turnover of all Romania-based companies topped RON 1,012 bln (EUR 240 M) last year, against RON 1,085 bln (EUR 294 M) in 2008, according to data released by the Commerce Registry yesterday.

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