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October 28, 2020

Most profitable company in Romania: EUR 4 bln and 0 employees

The firm that dethroned companies with thousands of employees, despite lacking fabulous headquarters and a personnel of its own, posted last year a profit of RON 17 bln (some EUR 4 bln), according to data provided by the Finance Ministry, quoted by Money.ro. The data reveal that the company is a real estate developer registered in Fintina Village, Hoghiz Commune, Brasov County.

The name of this fabulous company is not very well known in Romania: American European marketing enterprises SA. Although the company did not hire personnel, its profit increased by RON 2 bln each year. Plus, the turnover is the same as the profit. As a comparison, Petrom posted a profit slightly over RON 2 bln in 2010, while Vodafone reported a profit of RON 600 M.

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