Beruflich Dokumente
Kultur Dokumente
COMPANIES
IN ROMANIA
2012
MCR
7
8
9
11
23
43
53
61
69
CONTENTS
FOREWORD - Tracing the excellence pattern in Romanian industries Bogdan Ion, Country Managing Partner, Ernst&Young Romania
MCR RANKING METHODOLOGY
TOP 300 MAJOR COMPANIES IN ROMANIA
BANKING & FINANCE
Banking in 2012 towards a more regulated market Gabriela Bratu,
Senior, Assurance& Advisory Business Services, Ernst&Young
Doing Business In Romania Steven van Groningen, President Raiffeisen
Bank Romania, President Foreign Investors Council
TOP Banking
2012 on the Merger and Acquisition market in the insurance sector The
re-launching year? Cristina Cerbu, Manager, Transaction Advisory
Services, Ernst&Young
2012, a year of challenges in insurance market Violeta Ciurel,
President & CEO, AXA Life Insurance
TOP Insurance
Financial leasing companies target survival Cristina Cerbu, Manager,
Transaction Advisory Services, Ernst&Young
TOP Financial Leasing
Solid reasons to grow Shane Dowling, General Manager, ALD
Automotive
TOP Operational Leasing
TOP Pension Funding and TOP Capital Market Intermediation
TOP Fund Management
ENERGY
Shining future for solar power Andreea Stanciu, Senior Manager,
Transaction Advisory Services, Ernst & Young, Mihaela Cuturescu, Senior
Consultant, Transaction Advisory Services, Ernst & Young
The right way? The Green way Adrian Borotea, Member of the
Board, CEZ Romania
TOP Electric power generation and distribution
TOP Oil & gas extraction and distribution
TOP Whole sale of electricity and fuels
TOP Retail trade of gas - gas stations
CHEMICALS
On way from politics to ECOnomics Iulian Ernst, Freelance Analyst
TOP Manufacture of basic chemicals
TOP Wholesale of chemical products
TOP Manufacture of rubber and plastic products - except tires
TOP Manufacture of paints, varnishes and similar coatings, printing inks
and mastics
TOP Waste Management
PHARMACEUTICALS
Pharmaceutical Market Reaping the fruits of past - Bogdan Tenu, Senior
Manager, Transaction Advisory Services, Ernst & Young
Invest in Romania - Dragos Damian, CEO Terapia Ranbaxy
TOP Manufacture of basic pharmaceuticals
TOP Retail trade of pharmaceuticals
TOP Wholesale of pharmaceuticals
GLASS & CERAMICS
An industry war Magda Munteanu, Freelance Journalist
TOP Manufacture of glass and glass products
TOP Manufacture of ceramic products
73
81
89
95
105
109
119
METAL
Metal Industry faces bleak perspectives Magda Munteanu, Freelance
Journalist
TOP Primary metal manufacturing
TOP Manufacture of metal products
TOP Wholesale of metals and metal ores
MACHINERY
Better than expected Magda Munteanu, Freelance Journalist
Lets invest in skilled workforce Alexandru Blemovici, General Manager,
Schaeffler Romania
TOP Manufacture of machinery, industrial equipment, ships and aircraft
TOP Wholesale of machinery, industrial equipment, ships and aircraft
ELECTRIC & ELECTRONIC EQUIPMENT
Moderate raise keeps market afloat Corina Mica, Freelance Journalist
TOP Manufacture of electrical and electronic equipment
TOP Trade of electrical and electronic equipment
Manufacture of domestic appliances
IT&C
The mobile maze: when communication goes digital Mirela Calota,
Manager, Transaction Advisory Services, Ernst & Young
In pursuit of a robust IT market Carmen Dobre, Senior Manager,
Transaction Advisory Services, Ernst & Young
Growth comes from innovations Jean - Franois Fallacher, CEO Orange
Romania
TOP Telecommunications
TOP Communication equipment
TOP Computer programming, consultancy and related activities
TOP Manufacture and sale of computers and peripheral equipment
INDUSTRIAL ENGINEERING
Project Rush Magda Purice, Journalist
TOP Industrial engineering
CONSTRUCTIONS
Building industrys performance returns on upward path, after two years of
double-digit decline Diana Macovei, Freelance Analist
How to predict the unpredictable Daniel Bach, CEO, Holcim Romania
TOP Construction of residential & industrial buildings
TOP Building materials
TOP Construction of roads, railways, bridges and tunnels
TOP Construction of electric sites
TOP Construction of utility projects for fluids and related services
TOP Hydro-technical constructions
TOP Electrical, plumbing and other construction installation activities
TOP Manufacture of equipment for construction industry
REAL ESTATE
The real state of real estate in Romania Andreas Hadjidamianou,
Partner, Assurance & Advisory Business Services, Ernst & Young
Low appetite in real estate sight Adrian Crivii FRICS, MAA, CEO, Darian
DRS SA
TOP Real estate evaluation companies
TOP Real estate agencies
TOP Real estate project developers
TOP Property & facility management
TOP Real estate asset managers
MCR
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137
145
153
165
CONTENTS
171
179
191
203
209
215
MAJOR
COMPANIES
IN ROMANIA
Edited by:
doingbusiness.ro
General Manager:
Dumitru Ion
Project Manager:
Roxana Neacsu
Project team:
Madalina Athanasiu
Mirela Bobe
Nicolae Ion
Magda Purice
Contributors:
Iulian Ernst
Diana Macovei
Corina Mica
Magda Munteanu
Bogdan Preda
Production:
Sales:
Copyright 2012
doingbusiness.ro
Strada Prof. Ion Bogdan
nr. 4-6, etaj 4,
sector 1, Bucureti
Phone: +40 21 528 0408
Fax: +40 21 528 0409
E-mail: oce@ibp.ro
www.doingbusiness.ro
Raluca Butnariu
Marian Caramihai
Ilie Toader
Carmen Popescu
Teodora Danciu
Catalin Luca
Ramona Raicu
Elena Vijoli
Catalin Zafiu
The Publisher cannot, under any circumstances, assume responsibility for any kind of damages
supposing to be resulted from the use of the information provided by this publication. The
information included into printed edition of Major Companies of Romania, was provided by sources
we considered to be reliable: Trade Register, National Bank of Romania, Bucharest Stock Exchange,
The Insurance Supervisory Commission, The Romanian Pension Funds' Association, Romanian
Association of Fund Managers, Ministry of Finance, companies themselves. However the Publisher
cannot take responsibility for the information accuracy.
* the companies from TOPs, marked this way, were, based on our information, on the moment of
our analysis under the incidence of the law 85/2006 insolvency.
No part of this publication may be reproduced, copied or distributed in any form or by any means,
electronic or printed, without mentioning the source, respectively the publisher or the contributor.
Printed by
Tipograa Everest 2001
Distribution: Major Companies in Romania is distributed for free. Copy available only free
of charge, not for sale.
MCR
Major Companies in
Romania - Turning
into a MAJOR habit
This note is not about detailed techniques or complicated
numbers. Its about what prompted us (again) to prepare the
new edition of Major Companies in Romania.
In good times and bad times alike we feel we need to know
who has remained strong, who is struggling to become stronger
and who is fighting to avert weaknesses. Thats because we
want to share these findings with you. We want to be the most
qualified tellers of corporate performance criteria because this
will also make you the happy users of the data, and equally
more qualified critics and observers of the business
environment.
Knowing all these is not as simple as drawing tables or
punching in numbers such as turnovers, revenues or net
incomes into a computer. We believe that wouldnt be enough
and, above all, wouldnt be relevant. At least not as far as were
concerned. Thats because this is ultimately about helping you
not only with knowing business but also with doing business in
Romania. And thats also why we called in our partners in this
project, the experts at Ernst & Young Romania to help us again
produce this edition by making a real difference with their
unparalleled knowledge.
We genuinely believe that the product we developed together
with Ernst & Young has become one of a kind in Romania as
far as the truly relevant enterprise rankings and scoring
algorithms are concerned. Firstly, thats because we believe no
one else uses so many quantitative and qualitative indicators as
we do. Then again, and equally important, because we bring in
experts and observers to tell the story behind each and every
industry that we assess in our Major Companies in Romania.
Additionally, weve also added some of the most qualified
opinions for more than half of the industries and sectors that
were presenting in this issue. Last but not least, we believe that
making all this data available online will turn our work into a
truly helpful database that all of you can access from
everywhere, at anytime without having to carry the print
version with you at all times.
MCR
Foreward
BOGDAN ION,
MCR
MCR Methodology
Ranking
methodology
for Major Companies
in Romania
Developed by Ernst & Young Romania
and doingbusiness.ro
doingbusiness.ro and Ernst & Young developed the present
study by analyzing a composite mix of indicators based on
the results reported by companies registered in Romania for
2011. Ernst & Young, together with doingbusiness.ro, have
put together an in-depth assessment algorithm, which
balances the most relevant business performance indicators,
factoring in the particular conditions of todays economic
context. The ranking methodology includes a scoring system
by which each company is assessed, based on turnover,
financial and non-financial aspects, all considered by separate
weights which reflect our insights regarding the specifics of
doing business in the local market.
The most important criteria taken into consideration by our
methodology was the turnover reported by the companies in
2011. This was further weighted alongside other financial and
non-financial performance aspects. The indicators included
in this methodology are computed based on public
information disclosed either by authorized bodies and
institutions or by the companies themselves.
The analysis of non-financial indicators was applied to
aspects such as average number of employees, type of
company (listed, unlisted), corporate social responsibility and
environmental initiatives developed in Romania as well as the
contribution to developing a local brand.
The financial indicators were computed based on
information extracted from annual financial statements as at
31 December 2011. A number of financial indicators were
6th
MCR
TOP 300
1
2
3
4
5
6
7
8
9
OMV PETROM SA
AUTOMOBILE DACIA SA
BRITISH AMERICAN TOBACCO (ROMANIA)
TRADING SRL
SOCIETATEA NATIONALA DE GAZE NATURALE
ROMGAZ SA
OMV PETROM MARKETING SRL
KAUFLAND ROMANIA SCS
METRO CASH & CARRY ROMANIA SRL
CARREFOUR ROMANIA SA
AZOMURES SA
10 ROMPETROL RAFINARE SA
COMPANIA NATIONALA DE TRANSPORT AL
32 ENERGETIC TURCENI SA
TURNOVER
MCR SCORING ANNUAL TURNOVER
2011 RANKING
PROFIT/LOSS 2011
NO OF
EMPLOYEES
CONTACT
4.950
4.500
16,565,465,973
3,685,607,226
22,052
Bucuresti, Sector 1
13,177,841,584
275,111,397
13,652
Mioveni, ARGES
4.475
6,051,829,824
317,054,628
299
Bucuresti, Sector 1
4.400
4,211,149,514
13
1,031,748,972
5,779
Medias, SIBIU
4.375
4.350
4.300
4.300
4.263
13,684,564,230
125,396,136
356
Bucuresti, Sector 1
5,586,202,967
167,624,061
10,493
Bucuresti, Sector 2
4,963,012,603
10
95,208,230
6,003
Bucuresti, Sector 3
4,031,266,685
16
133,799,794
6,951
Bucuresti, Sector 6
1,625,577,204
55
365,196,441
2,688
4.213
10,174,808,952
-735,847,584
1,103
Navodari,
CONSTANTA
4.163
3,113,142,778
22
90,913,316
2,197
Bucuresti, Sector 1
4.163
4.063
4.013
3.975
3.963
3.963
3.913
3.913
3.913
3.900
3.875
3.875
3.875
3.863
3.863
3.863
3.825
3.813
3.813
3.813
2,241,390,928
33
228,309,982
2,513
Slatina, OLT
2,016,376,729
39
205,670,978
4,646
Bacau, BACAU
1,501,679,442
63
94,411,056
1,890
Slatina, OLT
4,090,867,846
15
209,555,220
740
Bucuresti, Sector 4
7,645,953,049
-108,229,346
2,499
Bucuresti, Sector 1
4,103,613,593
14
-8,770,342
1,866
Cluj-Napoca, CLUJ
1,589,521,923
56
312,866,728
1,267
Sebes, ALBA
1,522,320,748
62
46,228,727
4,230
Arad, ARAD
1,221,043,229
78
13,097,320
4,277
Bucuresti, Sector 1
4,663,330,401
11
-620,130,335
8,755
Galati, GALATI
2,741,108,028
27
162,792,694
257
Bucuresti, Sector 2
1,821,368,650
46
86,369,568
623
Bucuresti, Sector 6
1,133,672,090
84
63,538,680
378
Arad, ARAD
5,458,206,353
-115,201,885
3,460
Bucuresti, Sector 1
1,751,474,401
48
84,527,445
1,156
Bucuresti, Sector 2
1,442,409,942
65
107,588,856
1,348
Zalau, SALAJ
1,245,539,397
76
42,157,465
639
Sibiu, SIBIU
2,357,993,685
31
12,519,199
1,163
Bors, BIHOR
1,911,619,925
42
160,959,700
3,101
Brasov, BRASOV
1,738,623,539
50
137,399,050
1,744
Voluntari, ILFOV
3.813
1,529,901,979
61
55,567,882
4,496
Turceni, GORJ
3.813
1,343,321,806
71
379,571,465
4,951
Medias, SIBIU
3.813
3.813
3.800
3.788
3.775
3.775
3.775
3.763
3.763
3.763
3.763
3.763
1,127,473,002
85
5,222,261
2,734
Bucuresti, Sector 2
1,042,285,902
97
182,888,969
1,198
Bucuresti, Sector 1
3,110,115,994
23
137,804,129
45
Bucuresti, Sector 2
1,530,472,159
60
31,852,822
90
Voluntari, ILFOV
6,625,679,238
-391,609,120
556
Ploiesti, PRAHOVA
4,261,045,806
12
-191,719,192
2,700,529,658
28
56,231,206
900
Mogosoaia, ILFOV
3,981,959,733
17
805,637,899
2,707
Bucuresti, Sector 1
3,399,602,653
20
425,484,737
2,951
Bucuresti, Sector 1
1,715,508,601
52
34,635,851
2,530
Galati, GALATI
1,378,385,595
69
39,962,988
3,665
Bucuresti, Sector 3
1,099,691,738
92
135,369,392
3,112
Bucuresti, Sector 4
MCR
TOP 300
TURNOVER
MCR SCORING ANNUAL TURNOVER
2011 RANKING
PROFIT/LOSS 2011
NO OF
EMPLOYEES
CONTACT
46 HIDROCONSTRUCTIA SA
47 SELGROS CASH & CARRY SRL
48 COMPLEXUL ENERGETIC CRAIOVA SA
3.750
3.713
3.713
1,002,178,651
101
50,428,795
6,528
Bucuresti, Sector 1
3,408,091,410
19
86,702,217
4,248
Brasov, BRASOV
1,228,075,942
77
795,421
2,175
Craiova, DOLJ
49 MECHEL TARGOVISTE SA
3.713
1,099,750,708
91
-133,495,504
2,250
Targoviste,
DAMBOVITA
3.713
1,017,710,306
99
33,385,699
4,380
Rovinari, GORJ
51 ROMSILVA RA
52 JT INTERNATIONAL (ROMANIA) SRL
53 EUROPHARM HOLDING SA
54 CONTINENTAL AUTOMOTIVE PRODUCTS SRL
3.700
1,204,391,260
80
20,787,107
18,601
Bucuresti, Sector
3.675
3.675
3.650
2,375,824,912
29
6,030,690
577
Bucuresti, Sector 2
1,024,526,005
98
11,236,244
344
Brasov, BRASOV
2,224,673,603
34
202,239,107
Timisoara, TIMIS
3.650
1,700,702,239
53
34,612,356
9,812
Sannicolau Mare,
TIMIS
3.650
1,008,605,903
100
246,292,679
5,867
Bucuresti, Sector 1
3.625
2,362,448,641
30
14,966,343
270
Otopeni, ILFOV
3.613
1,725,406,261
51
-72,788,618
3,065
59 OLTCHIM SA
3.613
1,533,016,194
59
-278,342,623
3,447
60
61
62
63
64
65
66
67
68
69
70
71
3.613
3.613
3.600
3.600
3.588
3.588
3.575
3.563
3.563
3.550
3.538
3.525
1,073,231,988
95
42,149,099
2,532
856,313,578
116
67,503,261
1,141
Slatina, OLT
1,104,270,989
90
-21,896,147
Bucuresti, Sector 1
1,253,875,543
75
22,697,889
45
Bucuresti, Sector 2
2,250,309,163
32
26,778,021
240
Bucuresti, Sector 6
1,402,890,170
67
21,539,140
52
Bucuresti, Sector 1
1,124,597,971
86
20,812,621
574
Chirnogi, CALARASI
2,180,397,722
36
106,854,822
3,100
Bucuresti, Sector 6
2,146,783,116
37
44,927,593
2,657
Bucuresti, Sector 1
2,028,873,472
38
-12,542,312
6,910
Bucuresti, Sector 5
1,798,618,534
47
114,723,266
150
Voluntari, ILFOV
932,083,781
109
85,241,359
630
Bucuresti, Sector 1
3.513
1,750,171,052
49
5,145,553
2,493
3.513
1,481,631,232
64
7,417,486
3,267
3.475
1,842,264,078
45
-1,297,079
257
Bucuresti, Sector 1
3.463
1,588,353,753
57
95,036,272
2,167
Bucuresti, Sector 1
3.463
3.463
1,317,523,227
72
47,686,003
2,070
Bratuleni, IASI
934,039,541
107
13,222,420
2,476
Timisoara, TIMIS
3.450
3,020,591,574
24
6,444,266
5,243
Bucuresti, Sector 2
3.450
1,264,810,799
73
-182,932,177
32,124
Bucuresti, Sector 2
3.450
1,107,684,939
89
-93,452,745
9,145
Bucuresti, Sector 1
3.425
781,211,255
130
106,983,324
473
Urziceni, IALOMITA
3.413
1,160,084,883
81
81,659,837
2,709
Bucuresti, Sector 4
3.400
2,189,750,845
35
1,522,533
13,924
Bucuresti, Sector 1
3.388
1,377,067,121
70
-232,841
237
Buzau, BUZAU
50 ENERGETIC ROVINARI SA
75
76
77
78
79
80
81
82
83
84
ARCTIC SA
TMK-ARTROM SA
WIEE ROMANIA SRL
PROCTER & GAMBLE DISTRIBUTION SRL
OSCAR DOWNSTREAM SRL
TINMAR - IND SA
AGRO-CHIRNOGI SA
ELECTROCENTRALE BUCURESTI SA
MICHELIN ROMANIA SA
RCS & RDS SA
PORSCHE ROMANIA SRL
AGRANA ROMANIA SA
SOCIETATEA NATIONALA
NUCLEARELECTRICA SA
DELPHI DIESEL SYSTEMS ROMANIA SRL
PROFI ROM FOOD SRL
SOCIETATEA COMERCIALA DE PRODUCERE
A ENERGIEI ELECTRICE IN HIDROCENTRALE
&HIDROELECTRICA&SA
COMPANIA NATIONALA POSTA ROMANA SA
SOCIETATEA NATIONALA DE TRANSPORT
FEROVIAR DE MARFA - CFR MARFA - SA
EXPUR SA
COMPANIA NATIONALA
LOTERIA ROMANA SA
SOCIETATEA NATIONALA DE TRANSPORT
FEROVIAR DE CALATORI CFR CALATORI SA
BUNGE ROMANIA SRL
Mangalia,
CONSTANTA
Ramnicu Valcea,
VALCEA
Gaesti, DAMBOVITA
Stefanestii de Jos,
ILFOV
Comuna Cristian,
BRASOV
85 REMAT SA
TURNOVER
MCR SCORING ANNUAL TURNOVER
2011 RANKING
PROFIT/LOSS 2011
NO OF
EMPLOYEES
CONTACT
3.388
749,609,421
137
10,710,524
133
Calarasi, CALARASI
3.363
1,944,725,623
41
-30,803,300
1,234
Bucuresti, Sector 6
3.363
3.363
3.363
3.363
1,678,989,043
54
-283,414,839
2,325
Nedelea, PRAHOVA
1,119,868,177
87
-10,661,767
3,350
Mioveni, ARGES
1,108,012,643
88
-57,660,007
1,440
Bucuresti, Sector 1
1,047,689,527
96
-141,648,777
1,507
Buzau, BUZAU
3.350
1,149,704,461
82
-708,455,012
23,839
Bucuresti, Sector 1
3.338
3.338
3.313
2,897,665,343
26
31,583,472
249
Bucuresti, Sector 1
848,148,293
118
19,095,940
187
Bucuresti, Sector 5
1,578,059,613
58
-7,152,681
3,289
Bucuresti, Sector 1
3.313
882,765,222
113
29,575,030
1,435
Piatra Neamt,
NEAMT
3.313
878,392,258
114
23,484,769
2,788
Timisoara, TIMIS
3.313
715,991,743
144
37,774,933
3,659
Drobeta Turnu
Severin, MEHEDINTI
86
87
88
89
90
91
92
93
94
97
98
99
100
101
102
103
3.313
3.300
3.288
3.288
3.288
3.275
315,293,527
345
30,981,821
1,604
Bucuresti, Sector 1
3,008,864,542
25
-120,760,658
5,771
Bucuresti, Sector 3
3,137,003,249
21
-13,397,874
176
Bucuresti, Sector 1
1,090,313,389
93
149,697
225
Bucuresti, Sector 2
764,704,445
132
26,137,904
136
Bucuresti, Sector 1
1,897,153,560
43
-43,137,204
412
Bucuresti, Sector 1
-151,271,747
471
Navodari,
CONSTANTA
3.275
1,077,761,809
94
3.275
3.263
723,741,502
142
21,173,671
300
Bucuresti, Sector 1
1,264,430,015
74
-104,789,414
1,577
Sibiu, SIBIU
3.263
1,208,837,877
79
-904,421,089
4,281
Bucuresti, Sector 3
3.263
3.263
3.263
1,139,142,245
83
-150,597,676
3,461
Timisoara, TIMIS
800,458,510
124
230,492,490
761,053,345
134
28,920,981
2,386
Bucuresti, Sector 1
3.238
1,438,037,720
66
7,148,124
247
Bucuresti, Sector 1
3.225
3.225
3.213
3.213
764,608,960
133
180,109,955
502
Bucuresti, Sector 1
203,467,822
527
4,077,449
395
Deva, HUNEDOARA
814,087,797
120
35,083,922
1,829
Sarbi, MARAMURES
809,391,603
122
130,458,811
1,345
Craiova, DOLJ
3.213
748,109,975
138
-26,449,686
1,149
Roman, NEAMT
3.200
3.200
1,395,974,833
68
-31,316,430
48
Craiova, DOLJ
905,507,808
111
5,699,559
6974
Deva, Hunedoara
3.188
1,848,711,705
44
-17,460,690
138
Bucuresti, Sector 2
107
108
109
110
111
112
113
114
115
116
117
118
119
120
121
122
123
3.188
3.175
3.175
3.175
870,188,203
115
12,085,649
98
Ploiesti, PRAHOVA
1,979,436,255
40
-12,647,951
318
Bucuresti, Sector 2
816,528,524
119
14,770,336
365
Bucuresti, Sector 3
781,828,812
129
8,883,553
556
Pantelimon, ILFOV
136
6,830,066
1,300
Popesti-Leordeni,
ILFOV
124 SIEPCOFAR SA
3.163
755,620,215
3.150
3.150
3,944,561,044
18
1,048,546
Mioveni, ARGES
721,535,851
143
3,716,261
20
Bucuresti, Sector 1
MCR
TOP 300
127
128
129
130
131
132
133
134
135
FARMEXIM SA
CARPATCEMENT HOLDING SA
COMPA SA
ANTIBIOTICE SA
MAIRON GALATI SA
ALUM SA
ROPHARMA SA
ELECTROCENTRALE DEVA SA
ENEL DISTRIBUTIE MUNTENIA SA
ERICSSON TELECOMMUNICATIONS
136 ROMANIA SRL
137 STX RO OFFSHORE BRAILA SA
TURNOVER
MCR SCORING ANNUAL TURNOVER
2011 RANKING
PROFIT/LOSS 2011
NO OF
EMPLOYEES
CONTACT
3.125
3.125
3.113
3.113
3.075
3.075
3.075
3.063
3.063
972,471,927
102
10,316,324
549
Bucuresti, Sector 2
812,746,577
121
142,116,730
814
Bucuresti, Sector 1
475,420,370
223
17,369,837
1,782
Sibiu, SIBIU
281,847,455
391
20,298,909
1,450
Iasi, IASI
883,323,141
112
29,629,929
367
Galati, GALATI
574,237,971
184
32,562,133
719
Tulcea, TULCEA
385,169,835
283
10,687,756
756
Brasov, BRASOV
778,330,788
131
2,499,075
1,506
Mintia, HUNEDOARA
705,878,691
146
50,470,639
1,302
Bucuresti, Sector 1
3.063
543,675,580
193
26,220,612
1,433
Bucuresti, Sector 1
3.063
375,914,905
291
50,378,911
1,815
Braila, BRAILA
3.063
220,667,632
483
7,114,881
1,548
3.025
3.025
3.025
943,855,284
105
74,029,255
948
Bucuresti, Sector 1
935,162,376
106
24,596,603
499
Pitesti, ARGES
933,973,827
108
-132,867,299
667
Braila, BRAILA
3.025
278,347,307
393
5,058,202
684
Beclean,
BISTRITA-NASAUD
143 STIROM SA
144 SENSIBLU SRL
3.025
3.013
207,570,716
515
19,462,703
421
Bucuresti, Sector 3
920,786,955
110
1,166,452
2,133
Mogosoaia, ILFOV
3.013
742,857,431
140
45,403,645
1,545
Bucuresti, Sector 1
3.013
2.975
2.975
2.975
220,997,557
482
26,277,385
1,571
Bucuresti, Sector 2
383,968,466
286
29,874,301
550
Jimbolia, TIMIS
310,406,128
353
21,457,151
533
Buzau, BUZAU
236,541,218
451
27,868,421
429
Ploiesti, Prahova
2.963
701,019,798
147
-27,515,191
1,575
Targu Secuiesc,
COVASNA
2.963
509,780,658
211
40,536,731
1,230
2.963
2.963
2.963
2.950
427,871,180
250
25,598,720
1,715
Bucuresti, Sector 1
360,789,334
302
5,492,288
1,955
Timisoara, TIMIS
218,829,078
486
29,715,977
1,124
Campina, PRAHOVA
791,456,834
127
161,456,607
33
145
146
147
148
149
Bacau, BACAU
Odorheiu Secuiesc,
HARGHITA
Resita,
CARAS-SEVERIN
2.925
213,184,227
498
7,982,487
488
2.925
804,234,037
123
50,412,602
782
2.925
438,504,261
241
20,289,510
722
Bucuresti, Sector 4
2.925
395,973,057
268
2,256,188
428
Crevedia,
DAMBOVITA
160 TITAN SA
2.925
338,268,130
322
8,287,814
872
161 ALBALACT SA
2.925
338,250,651
323
5,767,484
631
2.925
251,843,625
429
21,560,799
331
163
164
165
166
167
168
2.925
2.913
2.913
2.913
2.913
2.913
231,000,062
464
25,479,269
337
572,444,536
186
124,714,073
1,293
Bacau, BACAU
493,644,646
217
85,732,079
1,951
Bucuresti, Sector 5
MW ROMANIA SA
TEHNOSTRADE SRL
APA NOVA BUCURESTI SA
ROSKO TEXTIL SRL
COMPANIA ROMPREST SERVICE SA
RULMENTI SA
Pantelimon, ILFOV
Galda de Jos, Localitatea Oiejdea, ALBA
Targoviste,
DAMBOVITA
Dragasani, VALCEA
332,469,063
328
21,491,773
1,207
Curtici, ARAD
267,590,738
414
14,912,162
2,920
Bucuresti, Sector 1
261,601,928
423
18,959,099
2,339
Barlad, VASLUI
169
170
171
172
173
174
175
TURNOVER
MCR SCORING ANNUAL TURNOVER
2011 RANKING
PROFIT/LOSS 2011
NO OF
EMPLOYEES
CONTACT
2.900
2.875
2.875
2.875
2.875
2.875
2.875
715,416,545
145
26,422,338
12
Bucuresti, Sector 1
727,113,466
141
-66,077
279
Bucuresti, Sector 1
176 ARGUS SA
177
178
179
180
636,456,271
161
5,915,195
521
Tunari, ILFOV
495,195,622
216
15,075,281
535
Bucuresti, Sector 5
383,708,042
287
18,823,477
458
Slatina, OLT
351,791,919
309
86,447,728
852
Ploiesti, PRAHOVA
310,916,205
351
24,486,956
729
Bucuresti, Sector 5
2.875
231,042,645
463
7,930,422
291
Constanta,
CONSTANTA
REGIOTRANS SRL
PREH ROMANIA SRL
CHIPITA ROMANIA SRL
SIVECO ROMANIA SA
COMPANIA NATIONALA DE TRANSPORTURI
181 AERIENE ROMANE TAROM SA
2.875
2.875
2.875
2.875
225,505,914
472
8,669,801
760
Brasov, BRASOV
216,340,379
493
9,736,777
324
Ghimbav, BRASOV
212,667,390
500
15,464,874
555
Clinceni, ILFOV
204,985,381
525
14,971,311
964
Bucuresti, Sector 1
2.863
946,315,772
104
-262,224,490
2,286
Otopeni, ILFOV
2.863
664,314,181
154
16,838,477
3,413
Bistrita,
BISTRITA-NASAUD
183
184
185
186
187
2.863
2.863
2.863
2.863
2.838
646,344,364
158
106,239,205
1,554
Timisoara, TIMIS
612,330,127
169
15,317,650
3,489
Ploiesti, PRAHOVA
510,879,742
210
14,249,600
2,999
Arad, ARAD
372,590,194
294
4,240,589
1,029
Bucuresti, Sector 5
853,231,813
117
2,942,581
146
Bucuresti, Sector 2
2.838
544,497,306
192
12,813,660
128
2.838
483,949,128
220
11,351,261
200
190
191
192
193
194
2.838
2.838
2.825
2.825
2.825
431,773,722
248
5,322,664
122
Mioveni, ARGES
248,839,423
436
10,898,148
75
Bucuresti, Sector 6
436,829,312
244
35,942,357
667
Mioveni, ARGES
314,694,139
346
7,039,912
280
Bucuresti, Sector 1
311,815,348
350
55,891,208
806
Bucuresti, Sector 1
2.825
231,786,310
460
13,346,129
832
Satu Mare,
SATU MARE
2.813
685,740,287
151
67,414,812
2,078
Ploiesti, PRAHOVA
2.813
535,412,637
199
29,100,621
2,016
Oradea, BIHOR
2.813
534,872,284
200
18,550,524
1,988
Voluntari, ILFOV
2.813
474,335,158
225
52,608,755
1,099
Otopeni, ILFOV
2.813
231,283,959
461
4,551,725
1,345
Alexandria,
TELEORMAN
201
202
203
204
205
206
207
208
209
2.813
2.813
2.800
2.800
2.788
2.788
2.788
2.788
2.788
224,843,874
473
4,571,667
1,824
Medias, SIBIU
222,633,218
477
43,993,292
1,137
Bucuresti, Sector 2
242,779,829
445
2,253,653
25
Bucuresti, Sector 1
201,801,702
531
7,527,102
12
Bucuresti, Sector 2
397,865,426
267
2,310,909
187
Buzau, BUZAU
388,851,148
275
9,151,592
190
Bacau, BACAU
386,956,309
281
42,078,764
184
Cluj-Napoca, CLUJ
376,513,172
290
14,112,199
135
Bucuresti, Sector 6
284,986,507
383
55,464,566
174
Calarasi, CALARASI
CORTUBI SRL
TRUST MOTORS SRL
EURO AUTO PLASTIC SYSTEMS SRL
TRANS BITUM SRL
IBM ROMANIA SRL
Constanta,
CONSTANTA
Constanta,
CONSTANTA
NORD SA
SOCIETATEA COMERCIALA FILIALA DE DIS197 TRIBUTIE A ENERGIEI ELECTRICE - ELECTRICA DISTRIBUTIE TRANSILVANIA NORD SA
198 RENAULT TECHNOLOGIE ROUMANIE SRL
COMPANIA NATIONALA AEROPORTURI
199 BUCURESTI SA
MCR
TOP 300
210
211
212
213
214
TURNOVER
MCR SCORING ANNUAL TURNOVER
2011 RANKING
2.788
2.788
2.788
2.788
2.775
PROFIT/LOSS 2011
NO OF
EMPLOYEES
CONTACT
252,556,381
428
16,277,185
123
Timisoara, TIMIS
236,750,800
450
6,605,172
116
Voluntari, ILFOV
624,090,512
164
3,843,537
79
Buzau, BUZAU
264,051,362
419
5,268,709
139
Bucuresti, sector 1
972,230,274
103
-31,620,157
442
Sebes, ALBA
2.775
592,357,122
174
31,240,868
928
Sannicolau Mare,
TIMIS
2.775
2.775
437,597,916
243
64,734,733
437
Timisoara, TIMIS
407,769,055
258
25,704,364
258
Brasov, BRASOV
2.775
402,400,692
262
49,741,849
912
Piatra Neamt,
NEAMT
2.775
2.775
2.775
390,726,409
273
5,777,668
420
Bucuresti, Sector 4
350,442,551
313
12,580,059
993
Bucuresti, Sector 2
288,759,340
379
20,997,753
860
Timisoara, TIMIS
2.775
264,813,069
418
4,972,163
827
Ramnicu Valcea,
VALCEA
223
224
225
226
2.775
2.775
2.763
2.763
222,340,428
480
29,744,158
282
205,770,924
521
28,392,323
698
Cluj-Napoca, CLUJ
635,301,465
163
13,781,420
2,688
518,218,340
207
32,441,032
1,048
Sibiu, SIBIU
2.763
407,736,320
259
49,802,964
1,214
Bucuresti, Sector 3
2.763
2.763
361,214,554
300
28,790,208
2,087
Galati, GALATI
328,377,251
333
27,522,541
1,486
Timisoara, TIMIS
2.763
274,220,700
399
27,755,616
2,594
Bucuresti, Sector 2
2.763
258,532,296
426
22,915,111
1,370
Timisoara, TIMIS
2.750
374,804,985
292
7,656,500
49
Constanta,
CONSTANTA
233
234
235
236
2.738
2.738
2.725
2.725
747,454,302
139
-34,583,954
53
Bucuresti, Sector 1
384,794,152
284
3,214,146
525
Voluntari, ILFOV
482,000,196
221
95,848,848
667
Cluj-Napoca, CLUJ
421,239,266
253
95,848,848
667
Cluj-Napoca, CLUJ
2.725
388,082,736
277
-19,811,164
683
Hunedoara,
HUNEDOARA
2.725
2.725
387,859,569
279
5,623,257
268
Oradea, BIHOR
282,092,710
389
1,887,738
400
Bucuresti, Sector 3
2.725
265,401,137
416
3,012,892
707
Craiova, DOLJ
2.725
2.725
2.725
2.725
262,871,579
421
44,040,102
491
Bucuresti, Sector 3
246,466,069
441
14,140,879
340
Bucuresti, Sector 6
235,648,166
453
33,857,309
555
Bucuresti, Sector 3
221,672,458
481
1,440,302
412
Bucuresti, Sector 2
2.725
218,094,258
490
-35,611,590
547
Iasi, IASI
246 TERAPLAST SA
2.725
209,359,979
509
-14,642,198
449
Bistrita,
BISTRITA-NASAUD
2.725
201,896,515
530
2,436,482
400
Codlea, BRASOV
248 RAJA SA
2.713
206,825,742
520
12,112,477
2553
Constanta, CONSTANTA
2.713
2.713
2.700
797,674,088
125
-471,350,988
3,501
Craiova, DOLJ
295,424,439
368
8,831,594
3,515
Pitesti, ARGES
342,755,084
317
19,994,605
Bucuresti, Sector 1
227
228
229
230
231
ARDEALUL SA
EMERSON SRL
UNICARM SRL
MARQUARDT SCHALTSYSTEME SCS
DELTA ANTREPRIZA DE CONSTRUCTII SI
MONTAJ 93 SRL
VEGA 93 SRL
ALCATEL - LUCENT ROMANIA SA
GLOBAL E-BUSINESS OPERATIONS
CENTRE SRL
AEM SA
240 ROMANIA SA
241 ZARA BUCURESTI SRL
242 VALROM INDUSTRIE SRL
243 ZENTIVA SA
244 INTRAROM SA
TURNOVER
MCR SCORING ANNUAL TURNOVER
2011 RANKING
PROFIT/LOSS 2011
NO OF
EMPLOYEES
CONTACT
2.700
316,630,800
343
5,619,256
14
Constanta,
CONSTANTA
2.700
288,719,992
380
6,230,480
Otopeni, ILFOV
2.700
276,022,388
397
9,484,310
42
2.700
205,400,638
523
832,152
10
2.688
2.688
784,405,200
128
-2,760,637
171
Bucuresti, Sector 1
758,778,507
135
-19,280,605
141
Voluntari, ILFOV
2.688
694,710,373
148
11,638,925
98
Bucuresti, Sector 1
2.688
2.688
2.688
2.688
369,638,427
296
21,063,687
238
Mogosoaia, ILFOV
267,863,415
412
43,900,023
70
Bucuresti, Sector 1
258
259
260
261
262
266
267
268
269
270
271
272
273
Alexandria,
TELEORMAN
Constanta,
CONSTANTA
249,260,965
435
1,520,548
62
Cluj-napoca, CLUJ
213,525,542
497
30,201,909
196
Bucuresti, Sector 1
2.675
796,938,787
126
-307,319,833
434
Constanta,
CONSTANTA
2.675
2.675
677,011,157
152
51,853,430
845
Campina, PRAHOVA
563,555,504
189
26,064,691
262
Ghimbav, BRASOV
2.675
502,998,666
214
16,396,155
608
Bucuresti, Sector 2
2.675
2.675
2.675
2.675
475,386,469
224
19,781,890
469
Bucuresti, Sector 6
444,432,678
239
56,435,043
315
Oiejdea, ALBA
357,681,199
305
26,299,438
913
Oiejdea, ALBA
354,497,745
308
37,930,724
780
Bucuresti, Sector 6
2.675
342,553,292
319
32,645,355
474
Bucuresti, Sector 1
2.675
2.675
313,656,544
347
-2,839,381
277
Bucuresti, Sector 1
304,484,903
358
16,333,470
855
Arad, ARAD
2.675
231,060,622
462
8,441,745
953
Boldesti-Scaeni,
PRAHOVA
2.675
222,617,199
478
6,248,649
520
Bucuresti, Sector 1
SOCIETATEA COMERCIALA FILIALA DE DIS276 TRIBUTIE A ENERGIEI ELECTRICE - ELECTRICA DISTRIBUTIE TRANSILVANIA SUD SA
2.663
598,510,775
173
19,569,602
1,813
Brasov, BRASOV
2.663
539,727,094
197
10,881,044
1,623
Adunatii Copaceni,
GIURGIU
278 TMUCB
279 SUCCES NIC COM SRL
280 SANTIERUL NAVAL DAMEN GALATI SA
2.663
2.663
2.663
284,624,365
384
5,230,113
1,599
Bucuresti, Sector 1
273,925,545
400
2,470,789
1,431
273,123,588
402
13,581,756
1,573
Galati, GALATI
2.663
208,532,946
512
6,844,761
1,051
Braila, BRAILA
281
282
283
284
285
2.663
2.650
2.650
2.650
33,123,548
1,835
1,959,082
1,046
Braila, BRAILA
551,836,290
190
4,721,041
24
Bucuresti, Sector 5
450,128,844
237
1,970,347
12
Bucuresti, Sector 1
391,829,339
272
5,459,887
38
Bucuresti, Sector 1
2.650
276,478,458
395
668,976
Constanta,
CONSTANTA
287
288
289
290
291
2.638
2.638
2.638
2.638
2.638
578,389,137
180
11,303,473
198
Braila, BRAILA
432,010,493
247
4,337,501
136
Braila, BRAILA
321,546,949
341
3,125,023
122
Bucuresti, Sector 1
289,642,596
377
19,151,136
157
Bucuresti, Sector 4
248,723,770
437
5,933,337
100
Bucuresti, Sector 2
REMATHOLDING CO SRL
COMISION TRADE SRL
BULROM GAS IMPEX SRL
CAN-PACK ROMANIA SRL
COLGATE-PALMOLIVE (ROMANIA) SRL
MCR
TOP 300
292
293
294
295
296
297
298
299
VIVANI SALUBRITATE SA
BV MCCANN ERICKSON SRL
ICME ECAB SA
DANTE INTERNATIONAL SA
STRABAG SRL
HENKEL ROMANIA SRL
PETROM LPG SA
PRUTUL SA
2.638
2.638
2.625
2.625
2.625
2.625
2.625
2.625
205,510,109
2.625
522
PROFIT/LOSS 2011
NO OF
EMPLOYEES
CONTACT
10,448,441
191
Slobozia, Ialomita
201,713,544
533
7,577,453
92
Bucuresti, Sector 1
652,464,236
157
13,084,487
563
Bucuresti, Sector 3
621,423,342
166
5,104,301
338
Voluntari, ILFOV
585,828,064
176
6,436,998
448
Bucuresti, Sector 5
542,369,628
194
30,414,936
459
Bucuresti, Sector 2
513,028,100
209
11,501,793
274
Otopeni, ILFOV
489,975,996
219
2,362,422
416
Galati, GALATI
458,996,729
234
108,851,221
995
Constanta,
CONSTANTA
21
MCR
Banking in 2012:
towards a more regulated market
Gabriela Bratu, Senior, Assurance & Advisory Business Services, Ernst & Young
Dec-10
15.02%
8.11%
58.64%
11.85%
218,370
Jun-11
14.19%
7.79%
59.86%
13.35%
240,097
Dec-11
14.87%
8.07%
59.24%
14.33%
224,599
Source: NBR
Mar-12
14.63%
8.60%
61.42%
15.88%
239,571
Jun-12
14.66%
8.42%
60.93%
16.76%
244,820
MCR
Opinion
Doing business
in Romania
STEVEN VAN GRONINGEN,
s3PNBOJBTUJMMIBTBIJHIOVNCFSPGUBY
payments (113 payments are required
during the course of a year which takes
222 hours (9 days) to make) - most of
them relates to labor taxes and the fact
that currently Romania has no functional
electronic payment system available for
companies. Therefore, rationalizing and
simplifying the tax system should be a
priority;
s/PXUIFSFJTBNPSFUIBOFWFSOFFEUP
revitalize economys financing through
capital markets; Romania still need to
work hard to improve its capital markets,
which remain less developed than those
in other accession countries.
Romania has been ranked 77 out of 142
countries in the 2011-2012 Global
Competitiveness Index Report issued by
the World Economic Forum (WEF) Romania lost 10 positions from the
previous report. According to WEF, the
most problematic factors for doing
business in Romania: access to financing,
tax rates, policy instability, tax
regulations, inefficient government 38
bureaucracy, inadequate supply of
infrastructure, corruption (based on
average ranking in the last three Global
Competitiveness Reports, 2009-2011).
From now on, the Romanian government
should give special attention to those
measures that help rebuild the countrys
credibility and contribute to sustainable
economic growth.
1
The top ve countries in the ranking are Germany, Poland, the United Kingdom, Russia and France. The study is
based on methodology that includes an analysis of the number of foreign investment projects in 2011 and a soft
analysis of the perception of the attractiveness of European countries for foreign investment. The country outperforms
the Czech Republic, Turkey, Switzerland, the Netherlands, Italy, Spain and Sweden.
BANKING
AT 2011
MARKET SHARE
PROFIT/LOSS
RON 2011
4.250
4.000
3.750
3.500
3.500
3.500
3.500
3.250
23,690,300,000
7%
320,068,972
25,745,200,000
7%
131,870,976
17,728,100,000
5%
-698,881,415
48,027,700,000
14%
465,265,368
24,815,600,000
7%
67,445,929
22,346,500,000
6%
103,062,227
16,544,100,000
5%
-117,707,116
71,054,800,000
20%
-510,818,823
4.500
3.500
3.250
3.250
14,509,900,000
4%
129,611,734
5,793,300,000
2%
100,068,925
12,274,100,000
3%
-11,016,904
6,189,500,000
2%
-79,438,040
3.250
5,752,400,000
2%
117,119,398
3.250
4,220,100,000
1%
30,683,869
3.125
8,166,600,000
2%
42,057,757
3.000
2,297,500,000
1%
24,929,252
2.500
4,174,500,000
1%
59,431,557
2.750
7,418,200,000
2%
-122,611,967
2.750
2.750
2.750
4,751,600,000
1%
-62,961,948
3,745,900,000
1%
-21,063,973
2,635,000,000
1%
-15,162,761
2.625
3,964,700,000
1%
-254,956,765
2.250
2.250
3,787,100,000
1%
-31,989,275
2,087,800,000
1%
-104,040,129
1,126,600,000
0%
18,149,547
950,600,000
0%
11,983,539
MCR SCORING
1
2
3
4
5
6
7
8
RAIFFEISEN BANK SA
BANCA TRANSILVANIA S.A.
VOLKSBANK ROMANIA SA
BRD - GROUPE SOCIETE GENERALE S.A.
CEC BANK SA
UNICREDIT TIRIAC BANK SA
ALPHA BANK ROMANIA S.A.
BANCA COMERCIALA ROMANA SA
9
10
11
12
25
26
27
28
29
30
31
32
33
34
564,500,000
0%
2,074,100
1,104,800,000
0%
-37,679,814
706,800,000
0%
1,039,889
626,800,000
0%
3,420,610
595,400,000
0%
10,180,829
1,599,400,000
0%
-204,792,307
1,128,100,000
0%
-24,051,333
1,122,700,000
0%
-101,940,963
406,200,000
0%
-147,758
384,800,000
0%
5,813,123
515,900,000
0%
-13,498,368
323,700,000
0%
22,219
176,400,000
0%
-17,096,788
MCR
2012
On the Merger and Acquisition market in the
insurance sector The re-launching year?
Cristina Cerbu, Manager, Transaction Advisory Services, Ernst & Young
MCR
Opinion
VIOLETA CIUREL,
President and CEO,
AXA Life Insurance
2012, a year of
challenges in
insurance market
INSURANCE
PROFIT/LOSS 2011
CONTACT
916,123,674
-181,296,117
OMNIASIG VIENNA INSURANCE GROUP SA
1,202,571,506 *
SOCIETATEA COMERCIALA DE ASIGURARE1,083,209,476
-6.9%
81,013,945
1,008,544,317
2 REASIGURARE ASTRA SA
1,020,399,089
-12.0%
24,513,434
898,416,364
3 ALLIANZ - TIRIAC ASIGURARI S.A.
779,579,143
-9.1%
-102,210,913
708,275,597
4 GROUPAMA ASIGURARI S.A.
ASIGURAREA ROMANEASCA - ASIROM VIENNA
530,864,076
18.3%
7,220,520
627,995,991
5 INSURANCE GROUP SA
543,411,301
2.0%
14,709,378
554,442,021
6 ING ASIGURARI DE VIATA S.A.
GENERALI ROMANIA ASIGURARE
439,906,318
-83,168,067
511,437,851**
7 REASIGURARE S.A.
432,393,663
-11.3%
-73,071,009
383,348,634
8 UNIQA ASIGURARI SA
BCR ASIGURARI DE VIATA VIENNA INSURANCE
307,345,995
12.1%
19,621,166
344,646,130
9 GROUP S.A.
EUROINS ROMANIA
301,017,000
-2.9%
-36,639,682
292,275,460
10 ASIGURARE-REASIGURARE S.A.
205,028,899
0.9%
74,029,543
206,948,419
11 ALICO ASIGURARI ROMANIA S.A
291,981,491
-31.6%
-4,553,952
CARPATICA
ASIG
S.A.
199,855,904
12
SOCIETATEA DE ASIGURARE-REASIGURARE
63,106,891
216.6%
17,190,521
199,824,532
13 CITY INSURANCE SA
96,960,026
-16.1%
992,099
81,329,269
14 GARANTA ASIGURARI S.A.
88,893,859
-17.5%
-6,623,031
73,296,035
15 AVIVA ASIGURARI DE VIATA SA
41,045,467
39.4%
1,161,978
57,221,337
16 ASITO KAPITAL S.A.
60,691,937
-9.2%
3,093,690
55,081,650
17 GRAWE ROMANIA ASIGURARE S.A
72,801,905
-33.9%
4,458,172
48,111,070
18 CHARTIS ROMANIA SA
18,388,684
140.8%
-789,510
44,287,809
19 BRD ASIGURARI DE VIATA S.A.
41,356,216
1.7%
-5,660,466
42,039,722
20 EUREKO ASIGURARI S.A.
POOL - UL DE ASIGURARE IMPOTRIVA
29,556,829
19.5%
970,922
35,310,758
21 DEZASTRELOR NATURALE S.A.
38,235,995
-10.2%
1,467,681
34,324,574
22 CREDIT EUROPE ASIGURARI-REASIGURARI SA
CERTASIG - SOCIETATE DE ASIGURARE SI
20,715,448
44.2%
1,710,902
29,875,275
23 REASIGURARE S.A.
17,012,617
59.5%
-6,053,918
27,140,761
24 ERGO ASIGURARI DE VIATA S.A.
20,299,470
22.2%
-39,472,779
24,813,663
25 AXA LIFE INSURANCE S.A.
19,295,510
7.4%
-3,556,350
20,724,549
26 FATA ASIGURARI S.A.
17,202,117
5.1%
295,851
PLATINUM
ASIGURARI
REASIGURARI
S.A.
18,083,610
27
18,153,797
-10.0%
-395,512
16,338,039
28 ABC ASIGURARI - REASIGURARI SA
SOCIETATEA DE ASIGURARE-REASIGURARE LIG
356,635
3855.3%
887,718
14,106,039
29 INSURANCE S.A.
11,932,438
-14.7%
635,477
10,183,405
30 EFG EUROLIFE ASIGURARI DE VIATA S.A.
16,665,742
-41.9%
-583,271
9,690,609
31 CARDIF ASIGURARI S.A.
4,697,540
104.7%
-8,115,789
9,616,464
32 AEGON ASIGURARI DE VIATA S.A.
COMPANIA DE ASIGURARI-REASIGURARI EXIM
429,605
1875.0%
-8,165,234
8,484,688
33 ROMANIA (CARE-ROMANIA) S.A.
2,023,495
297.1%
-11,067,854
8,035,695
34 SIGNAL IDUNA ASIGURARI DE VIATA S.A.
5,501,833
-4.3%
1,409,776
5,262,725
35 EFG EUROLIFE ASIGURARI GENERALE S.A
3,413,923
34.8%
-2,349,329
4,601,296
36 FORTE ASIGURARI - REASIGURARI SA
2,518,237
-23.2%
-292,522
1,933,692
37 ATE INSURANCE ROMANIA S.A.
1,195,704
30.5%
73,499
1,560,863
38 GERMAN ROMANIAN ASSURANCE S.A.
1,307,891
-5.9%
215,443
1,230,668
39 ASIGURARE REASIGURARE ASIMED S.A.
10,629
9712.4%
-4,895,176
1,042,961
40 UNIQA ASIGURARI DE VIATA S.A.
1,221,409
-3,960,579
41 ONIX ASIGURARI S.A.
* GWP together with BCR ASIGURARI VIENNA INSURANCE GROUP SA ** together with GENERALI ASIGURARI SA (fosta ARDAF)
Source: Insurance Supervisory Commission - Annual Reports
Sector 1, BUCURESTI
GWP 2011
GWP 2010
GWP GROWTH %
Sector 3, BUCURESTI
Sector 1, BUCURESTI
Sector 1, BUCURESTI
Sector 2, BUCURESTI
Sector 5, BUCURESTI
Sector 1, BUCURESTI
Sector 1, BUCURESTI
Sector 1, BUCURESTI
Voluntari, ILFOV
Sector 1, BUCURESTI
Sibiu, SIBIU
Sector 1, BUCURESTI
Sector 1, BUCURESTI
Sector 1, BUCURESTI
Sector 1, BUCURESTI
Sector 3, BUCURESTI
Sector 1, BUCURESTI
Sector 5, BUCURESTI
Sector 3, BUCURESTI
Bucureti, Sector 1
Sector 6, BUCURESTI
Sector 1, BUCURESTI
Sector 1, BUCURESTI
Sector 1, BUCURESTI
Sector 2, BUCURESTI
Sector 4, BUCURESTI
Sector 1, BUCURESTI
Sector 1, BUCURESTI
Sector 2, BUCURESTI
Sector 1, BUCURESTI
Cluj-Napoca, CLUJ
Sector 1, BUCURESTI
Sector 1, BUCURESTI
Sector 2, BUCURESTI
Bucureti, Sector 1
Sector 1, BUCURESTI
Bucureti, Sector 3
Sector 1, BUCURESTI
Sector 2, BUCURESTI
Pitesti, ARGES
MCR
Financial leasing
companies target survival
Cristina Cerbu, Manager, Transaction Advisory Services, Ernst & Young
FINANCIAL LEASING
RANK COMPANY NAME
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
222,674,079
130,960,351
106,813,007
96,743,187
81,645,644
75,295,923
64,283,619
64,275,708
61,851,437
49,855,809
47,568,889
42,092,263
38,302,314
36,567,646
35,877,188
30,909,348
29,874,855
27,807,096
25,481,091
23,914,979
21,051,788
20,285,791
17,446,569
17,157,620
16,511,037
14,535,053
13,033,502
12,730,111
10,612,255
PROFIT/LOSS
2011
CONTACT
Bucuresti, Sector 1
232,619,963
-4.3%
1,372,223
164,284,777
-20.3%
-516,927,222
Bucuresti, Sector 1
159,324,170
-33.0%
-42,893,109
Bucuresti, Sector 3
122,295,260
-20.9%
9,609,440
Voluntari, ILFOV
102,772,500
-20.6%
-95,712,694
Bucuresti, Sector 1
96,561,731
-22.0%
19,143,656
Bucuresti, Sector 1
91,391,431
-29.7%
-8,922,936
Bucuresti, Sector 1
74,209,031
-13.4%
41,095,214
Bucuresti, Sector 1
91,398,817
-32.3%
30,623,087
Bucuresti, Sector 1
41,827,581
19.2%
2,679,011
Bucuresti, Sector 2
46,405,634
2.5%
18,970,883
Bucuresti, Sector 2
55,094,108
-23.6%
15,781,097
Bucuresti, Sector 2
63,543,082
-39.7%
5,642,124
Bucuresti, Sector 6
40,127,615
-8.9%
-18,889,811
Bucuresti, Sector 2
63,786,650
-43.8%
72,149,502
Bucuresti, Sector 6
24,504,491
26.1%
-3,123,554
Bucuresti, Sector 2
32,769,017
-8.8%
10,704,507
Cluj-Napoca, CLUJ
20,150,811
38.0%
13,723,108
Bucuresti, Sector 1
31,528,493
-19.2%
3,703,082
Bucuresti, Sector 1
16,671,444
43.4%
11,616,317
Bucuresti, Sector 1
48,794,736
-56.9%
2,235,294
Bucuresti, Sector 6
42,756,548
-52.6%
23,515,097
Bucuresti, Sector 1
29,072,283
-40.0%
9,648,682
Bucuresti, Sector 1
29,472,173
-41.8%
-527,340
Bucuresti, Sector 1
15,312,769
7.8%
3,447,329
Bucuresti, Sector 2
20,749,326
-29.9%
-11,313,391
Bucuresti, Sector 1
25,122,394
-48.1%
-14,735,406
Bucuresti, Sector 5
18,724,080
-32.0%
-12,545,423
Bucuresti, Sector 1
4,965,331
Bucuresti, Sector 1
MCR
Opinion
SHANE DOWLING,
General Manager,
ALD Automotive
Solid
reasons
to grow
LAST YEAR IN
PARTICULAR HAS SEEN
A SUBSTANTIAL RISE IN
OPERATIONAL LEASING
AS A FORM OF
FUNDING. THIS IS DUE
TO VARIOUS REASONS,
PRIMARILY LIQUIDITY
SHORTAGE AND FLEET
COST OPTIMIZATION.
MCR
OPERATIONAL LEASING
RANK COMPANY NAME
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
PROFIT/LOSS
2011
CONTACT
146,534,829
131,300,336
100,379,695
137,615,126
6.5%
22,817,126
Bucuresti, Sector 3
94,225,449
39.3%
9,023,388
Bucuresti, Sector 2
91,683,422
9.5%
3,591,462
Bucuresti, Sector 1
77,610,479
76,443,892
1.5%
-11,885,832
Dragomiresti-Deal,
ILFOV
68,743,269
66,572,992
59,860,233
51,834,741
46,491,862
37,846,814
37,716,546
35,840,045
34,584,167
33,778,170
32,744,234
28,866,715
27,899,779
27,806,706
23,788,362
19,614,883
18,878,825
18,704,936
18,519,000
18,457,569
17,864,193
17,220,630
15,995,280
15,966,917
14,287,487
13,997,905
13,365,192
12,664,666
11,210,552
11,015,342
10,874,169
10,853,984
10,327,271
10,002,271
9,748,518
9,506,145
43,094,851
59.5%
640,940
Bucuresti, Sector 1
57,557,875
15.7%
18,384,516
Voluntari, ILFOV
55,467,013
7.9%
5,307,528
Otopeni, ILFOV
27,363,952
89.4%
-6,765,288
Bucuresti, Sector 1
Bucuresti, Sector 1
41,857,447
11.1%
3,293,346
30,981,246
22.2%
3,455,673
Otopeni, ILFOV
29,630,990
27.3%
4,271,478
Bucuresti, Sector 1
54,952,369
-34.8%
1,626,707
Bucuresti, Sector 4
22,872,234
51.2%
21,481,539
Bucuresti, Sector 1
27,576,988
22.5%
2,255,520
Bucuresti, Sector 1
19,538,065
67.6%
4,199,557
Bucuresti, Sector 2
19,479,346
48.2%
1,925,443
Pitesti, Arges
19,224,071
45.1%
1,438,489
Bucuresti, Sector 1
27,060,225
2.8%
5,035,638
Bucuresti, Sector 1
12,263,755
94.0%
13,352,496
46.9%
2,988,488
13,454,257
40.3%
280,382
Balotesti, ILFOV
Tunari, ILFOV
16,312,383
14.7%
-2,196,833
Bucuresti, Sector 3
13,147,946
40.9%
2,790,281
Scheia, SUCEAVA
15,371,483
20.1%
1,897,091
Bucuresti, Sector 1
10,727,802
66.5%
2,484,804
Ploiesti, PRAHOVA
4,899,936
251.4%
120,286
Mogosoaia, ILFOV
9,984,569
60.2%
329,184
Bucuresti, Sector 3
17,862,903
-10.6%
577,734
Bacau, BACAU
10,712,717
33.4%
-1,487,599
Sibiu, Sibiu
10,462,242
33.8%
84,521
Bucuresti, Sector 3
Bucuresti, Sector 2
9,977,568
34.0%
218,834
11,028,750
14.8%
772,020
Bucuresti, Sector 1
8,218,271
36.4%
755,600
Bucuresti, Sector 5
13,772,672
-20.0%
615,765
Bucuresti, Sector 3
1,230,552
783.7%
37,197
Bucuresti, Sector 5
1,838,736
490.3%
841,345
Brasov, BRASOV
8,795,530
17.4%
2,237,973
Bucuresti, Sector 5
7,171,480
39.5%
4,246
5,314,710
83.4%
180,154
Ploiesti, PRAHOVA
8,918,511
6.6%
133,708
Bucuresti, Sector 2
MCR
3
4
5
6
7
8
9
SC GENERALI SAFPP SA
SC ALICO SAFPAP SA
SC AVIVA SAFPP SA
SC EUREKO - SAFPP SA
SC BCR PENSII SAFPP SA
SC AEGON SAFPAP SA
SC BRD SAFPP SA
FUND NAME
ING
ATZ
VIITORUL TAU
ARIPI
ALICO
PENSIA VIVA
EURECO
BCR
VITAL
BRD
1
2
3
4
5
7
8
9
10
11
SC AVIVA SAFPP SA
SC BRD SAFPP SA
SC GENERALI SAFPP SA
SC EUREKO - SAFPP SA
SC ASIROM - CONCORDIA SAFPF SA
FUND NAME
ING OPTIM
BCR PLUS
ATZ MODERATO
ING ACTIV
ATZ VIVACE
RAIFFEISEN ACUMULARE
PENSIA MEA
BRD MEDIO
STABIL
EURECO CONFORT
CONCORDIA MODERAT
NET ASSETS
NET ASSETS NO OF PARTICIPANTS
(2011, RON) YEAR VARIATION
31 DEC 2011
2,458,306,441
44.8%
1,694,776
35,717,423
1,506,660,247
48.8%
1,341,010
49,584,959
529,428,919
52.0%
533,581
15,662,428
454,293,467
48.2%
358,284
11,969,531
432,490,010
51.9%
413,926
16,456,896
385,525,268
62.3%
404,736
11,072,223
341,420,480
53.9%
388,835
9,578,959
177,289,522
54.1%
206,523
4,318,089
166,946,717
55.4%
174,353
4,953,920
NET ASSETS
NET ASSETS NO OF PARTICIPANTS
(2011, RON) YEAR VARIATION
31 DEC 2011
PROFIT/LOSS
(2011,RON)
147,820,003
41.1%
76,622
1,946,308
74,793,972
26.6%
72,637
1,543,665
66,578,966
32.2%
30,887
1,752,677
52,114,582
20.3%
26,801
-1,189,490
30,756,119
24.6%
19,648
-16,623
22,062,281
30.8%
7,664
169,107
22,061,563
18.6%
9,982
781,174
12,789,724
267.0%
7,976
72,075
3,818,358
148.4%
4,151
42,697
2,294,876
60.2%
3,656
38,218
564,345
47.8%
355
37,740
RANK 2011
1
2
PROFIT/LOSS
(2011,RON)
3,426,575,478
2,132,452,636
19.93
5,100,129,226
21.95
12.4
1,020,257,157
4.39
1,643,010,469
9.56
1,448,465,141
6.23
1,139,644,100
1,059,989,022
770,080,451
723,562,746
612,068,381
6.63
1,794,932,231
7.72
6.17
1,266,843,057
5.45
4.48
10
803,828,162
3.46
4.21
824,686,532
3.55
3.56
1,274,263,869
5.48
611,082,162
3.55
1,116,744,192
4.81
571,166,890
424,258,351
419,407,067
275,207,090
260,613,500
238,995,027
191,782,046
176,242,646
3.32
11
770,482,284
3.32
2.47
829,234,148
3.57
2.44
19
273,375,720
1.18
1.6
12
632,902,245
2.72
1.52
13
540,553,709
2.33
1.39
15
386,315,848
1.66
1.12
22
188,669,850
0.81
1.03
16
378,172,937
1.63
161,126,149
0.94
27
146,740,940
0.63
160,890,179
0.94
17
330,184,938
1.42
MCR
FUND MANAGEMENT
ASSET MANAGEMENT COMPANIES
1
2
3
UCITS
NON UCITS
CLOSED DISCRETIONARY
PORTFOLIO
END FUNDS
MANAGEMENT
ASSETS UNDER
MANAGEMENT
MARKET
SHARE
2658,1
33,71
112,9
37,4
2808,4
19,24
2782,4
35,29
2,4
2784,8
19,08
1444,2
9,89
1307,0*
1307,0
8,95
1276,5*
1276,5
8,74
1270,6*
1270,6
8,70
F.I.C.
1444,2*
TOTAL
ASSETS
MARKET
SHARE
1104,6**
14,01
1104,6*
7,57
1072,0*
1072,0
7,34
619,2
7,85
619,2
4,24
275,2
3,49
19,3
1,2
295,7
2,03
193,3
2,45
17,9
0,5
211,7
1,45
39,7
0,50
55,0
41,4
136,1
0,93
26,5
0,34
21,1
47,6
0,33
42,1
0,53
42,1
0,29
32,4
0,41
9,5
41,9
0,29
35,9
0,46
35,9
0,25
29,4
0,37
29,4
0,20
16,6
0,21
16,6
0,11
13,6
13,6
0,09
1,1
0,01
9,7
10,8
0,07
8,5
0,11
8,5
0,06
7,9
0,10
7,9
0,05
6,9
0,09
6,9
0,05
3,4
0,04
3,4
0,02
2,3
0,03
7885,5
100,0
6370,3
2,3
0,02
259,0
82,9
14497,7
100%
1.4 GW
wind energy operating currently in Romania,
equaling EUR 2.1 billion investment (for EUR
1.5 million per MW)
Energy
t OIL & GAS EXTRACTION AND DISTRIBUITION
t ELECTRIC POWER GENERATION AND DISTRIBUTION
t WHOLE SALE OF ELECTRICITY AND FUELS
t RETAIL TRADE OF GAS - GAS STATIONS
MCR
ENERGY
MCR
ENERGY
CONTACT
4.163
3,113,142,778
90,913,316
2,197
Bucuresti, Sector 1
3.813
1,529,901,979
55,567,882
4,496
Turceni, GORJ
3.713
1,228,075,942
795,421
2,175
Craiova, DOLJ
3.713
1,017,710,306
33,385,699
4,380
Rovinari, GORJ
3.563
3.463
2,180,397,722
106,854,822
3,100
Bucuresti, Sector 6
1,588,353,753
95,036,272
2,167
Bucuresti, Sector 1
3.450
3,020,591,574
6,444,266
5,243
Bucuresti, Sector 2
3.213
3.063
3.063
809,391,603
130,458,811
1,345
Craiova, DOLJ
778,330,788
2,499,075
705,878,691
10
50,470,639
1,302
Bucuresti, Sector 1
2.813
685,740,287
11
67,414,812
2,078
Ploiesti, PRAHOVA
2.813
535,412,637
16
29,100,621
2,016
Oradea, BIHOR
2.663
598,510,775
13
19,569,602
1,813
Brasov, BRASOV
2.625
458,996,729
18
108,851,221
995
Constanta,
CONSTANTA
2.613
585,775,612
14
220,456,680
1,230
Timisoara, TIMIS
2.563
462,105,645
17 1,597,218,309
1,664
Bucuresti, Sector 2
2.513
2.375
2.100
636,095,272
12
7,206,519
1,582
Bacau, BACAU
304,421,096
19
-92,957,245
545
Galati, GALATI
571,132,058
15
250,453
Bucuresti, Sector 1
1.925
114,525,810
21
15,428,773
425
Arad, ARAD
1.875
95,200,241
22
321,766
582
1.825
68,187,398
27
191,147
278
Curtea de Arges,
ARGES
1.800
24,804,324
35
12,946,574
11
Radauti, SUCEAVA
1.725
87,679,820
25
625,289
393
Arad, ARAD
1.713
90,876,610
23
10,090,604
2,797
Bucuresti, Sector 1
1.688
31,102,659
32
945,898
190
Sebes, ALBA
1.588
77,566,638
26
145,912
244
Slatina, OLT
1.550
1.500
1.450
1.375
1.350
1.300
1.300
1.200
40,728,883
31
960,025
11
Buzau, BUZAU
48,573,898
30
3,173,401
Bucuresti, Sector 2
133,274,907
20
1.200
48,935,620
29
2
3
4
5
6
7
8
9
10
11
12
13
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
29,168,590
33
657,656
26,997,747
34
-29,915,374
269
7 Campina , PRAHOVA
Giurgiu, GIURGIU
53,846,180
28
3,246,795
Bucuresti, Sector 1
89,017,172
24
2,570,315
42
Ghimbav, BRASOV
24,794,752
36
-5,168,463
10
Ploiesti, PRAHOVA
-50,480,893
Bucuresti, Sector 1
-15,155,405
31
Rusu de Sus,
BISTRITA-NASAUD
MCR
ENERGY
TURNOVER
MCR SCORING ANNUAL(TURNOVER
2011 RON) RANKING
PROFIT/LOSS
(2011 RON)
NO OF
EMPLOYEES
CONTACT
4.950
16,565,465,973
3,685,607,226
22,052
Bucuresti, Sector 1
OMV PETROM SA
SOCIETATEA NATIONALA DE GAZE NATURALE ROMGAZ SA
4.400
4,211,149,514
1,031,748,972
5,779
Medias, SIBIU
ROMPETROL RAFINARE SA
4.213
10,174,808,952
-735,847,584
1,103
Navodari,
CONSTANTA
4
5
6
7
8
9
3.975
3.775
3.775
3.763
3.263
2.775
4,090,867,846
209,555,220
740
Bucuresti, Sector 4
6,625,679,238
-391,609,120
556
Ploiesti, PRAHOVA
4,261,045,806
-191,719,192
1,099,691,738
135,369,392
3,112
800,458,510
230,492,490
437,597,916
11
64,734,733
437
Timisoara, TIMIS
2.675
796,938,787
-307,319,833
434
Constanta,
CONSTANTA
2.650
2.638
450,128,844
10
1,970,347
12
Bucuresti, Sector 1
321,546,949
13
3,125,023
122
Bucuresti, Sector 1
2.588
230,684,620
16
11,113,022
218
Bucuresti, Sector 2
2.250
2.225
2.200
2.175
2.025
247,556,809
15
5,105,355
20
106,650,103
21
10,781,486
519
Craiova, DOLJ
387,698,880
12
-3,075,300
Bucuresti, Sector 4
307,067,902
14
-23,417,660
81,949,051
26
-3,105,204
928
Onesti, BACAU
2.000
105,536,961
22
119,392
Bucuresti,
BUCURESTI
20
21
22
23
24
1.975
1.975
1.875
1.738
1.738
161,599,658
17
2,008,175
579
Medias, SIBIU
95,272,091
24
2,398,164
554
Ernei, MURES
101,315,303
23
15,631,907
493
Arad, ARAD
89,370,991
25
17,827,097
68
Bucuresti, Sector 1
47,795,098
31
3,537,465
89
Bucuresti, Sector 1
25 CONGAZ SA
1.725
151,103,165
19
13,548,999
253
Constanta,
CONSTANTA
1.688
121,732,402
20
-21,729,994
88
Cristian, BRASOV
1.600
66,933,540
27
284,363
33
Constanta,
CONSTANTA
1.588
1.588
51,296,896
30
-2,291,637
58
Bucuresti, Sector 1
45,704,480
33
2,537,122
85
Ploiesti, PRAHOVA
1.588
40,639,795
35
1,571,077
103
Boldesti-Scaeni,
PRAHOVA
31
32
33
34
1.550
1.388
1.388
1.288
46,246,221
32
-658,821
Bucuresti, Sector 1
52,299,132
29
-15,491,656
245
Bucuresti, Sector 1
40,867,993
34
-41,265,467
164
Balc, BIHOR
57,499,718
28
-35,257,328
132
Ploiesti, PRAHOVA
1.250
160,383,387
18
132,979
Nicolae Balcescu,
CONSTANTA
13
14
15
16
17
18
DAFORA SA
FORAJ SONDE SA
PETROSANTANDER ROMANIA SRL
AVA EASTERN EUROPE DF&S SRL
WIROM GAS SA
Bucuresti, Sector 4
1
2
3
4
5
6
TURNOVER
MCR SCORING ANNUAL(TURNOVER
2011 RON) RANKING
PROFIT/LOSS
(2011 RON)
NO OF
EMPLOYEES
CONTACT
Bucuresti, Sector 2
3.800
3.600
3.588
3.588
3.475
3.275
3,110,115,994
137,804,129
45
1,104,270,989
-21,896,147
Bucuresti, Sector 1
2,250,309,163
26,778,021
240
Bucuresti, Sector 6
1,402,890,170
21,539,140
52
Bucuresti, Sector 1
1,842,264,078
-1,297,079
257
Bucuresti, Sector 1
1,897,153,560
-43,137,204
412
Bucuresti, Sector 1
3.238
1,438,037,720
7,148,124
247
Bucuresti, Sector 1
3.200
3.188
3.150
2.900
2.738
2.700
2.688
2.688
2.650
2.638
2.625
2.600
2.550
2.550
1,395,974,833
-31,316,430
48
Craiova, DOLJ
870,188,203
12,085,649
98
Ploiesti, PRAHOVA
721,535,851
13
3,716,261
20
Bucuresti, Sector 1
715,416,545
14
26,422,338
12
Bucuresti, Sector 1
747,454,302
12
-34,583,954
53
Bucuresti, Sector 1
288,719,992
30
6,230,480
Otopeni, ILFOV
784,405,200
10
-2,760,637
171
Bucuresti, Sector 1
758,778,507
11
-19,280,605
141
Voluntari, ILFOV
551,836,290
16
4,721,041
24
Bucuresti, Sector 5
432,010,493
21
4,337,501
136
Braila, BRAILA
513,028,100
20
11,501,793
274
Otopeni, ILFOV
521,232,193
19
235,341
19
Bucuresti, Sector 1
532,191,283
18
752,797
24
Bucuresti, Sector 1
367,704,728
25
4,462,619
Bucuresti, Sector 3
2.500
223,536,342
32
735,955
Techirghiol,
CONSTANTA
2.400
350,975,346
26
6,050,023
Bucuresti, Sector 3
2.300
2.300
2.300
2.300
2.200
2.200
2.100
2.100
2.100
2.100
2.000
2.000
1.900
1.900
1.788
1.700
1.700
1.600
539,201,651
17
4,951,666
17
Bucuresti, Sector 1
384,169,265
24
74,429
Bucuresti, Sector 1
183,596,325
33
6,163,977
Bucuresti, Sector 1
180,902,385
34
3,047,482
11
Timisoara, TIMIS
322,573,781
27
-12,079,422
16
Bucuresti, Sector 1
137,670,772
42
1,323,293
660,923,321
15
-2,993,187
Bucuresti, Sector 1
394,087,027
23
-37,939,523
23
Bucuresti, Sector 1
293,626,202
29
9,398,548
Bucuresti, Sector 5
269,992,141
31
-1,033,636
Bucuresti, Sector 4
425,993,969
22
257,733
12
Voluntari, ILFOV
306,969,393
28
-3,733,283
Bucuresti, Sector 1
178,037,935
35
2,647,408
Voluntari, ILFOV
147,681,095
40
1,324,744
Ploiesti, PRAHOVA
148,377,325
39
2,186,433
81
Galati, GALATI
155,766,631
37
2,082,865
11
Bucuresti, Sector 1
131,394,842
43
12,351,450
39
Bucuresti, Sector 5
177,791,622
36
-2,689,209
30
Bucuresti, Sector 1
1.500
153,577,115
38
201,576
1.400
138,873,857
41
33,504
Mihail Kogalniceanu,
1
CONSTANTA
4
Bucuresti, Sector 1
MCR
ENERGY
1
2
3
4
5
6
7
8
9
10
TURNOVER
MCR SCORING ANNUAL(TURNOVER
2011 RON) RANKING
PROFIT/LOSS
(2011 RON)
NO OF
EMPLOYEES
CONTACT
4.375
3.963
3.863
3.288
2.288
2.188
2.100
1.938
1.850
1.800
13,684,564,230
125,396,136
356
Bucuresti, Sector 1
7,645,953,049
-108,229,346
2,499
Bucuresti, Sector 1
5,458,206,353
-115,201,885
3,460
Bucuresti, Sector 1
3,137,003,249
-13,397,874
176
Bucuresti, Sector 1
283,807,441
816,666
224
Saliste, SIBIU
526,674,323
-24,617,675
214
Bucuresti, Sector 1
271,645,187
-2,977,655
19
Bucuresti, Sector 1
69,420,191
17
2,536,165
69
Craiova, DOLJ
190,344,403
182,639
46
Medias, SIBIU
46,642,707
20
367,115
15
Nojorid, BIHOR
1.788
66,947,804
18
1,818,771
76
I. L. Caragiale,
DAMBOVITA
1.650
1.650
162,446,559
1,967,932
50
Sibiu, SIBIU
91,320,177
13
963,167
48
Beius, BIHOR
1.600
89,836,799
14
412,605
41
1.600
74,504,570
16
28,542
24
1.588
80,508,852
15
604,480
92
Sebes, ALBA
72
Bistrita, BISTRITANASAUD
Chisineu-Cris, ARAD
Adunatii-Copaceni,
GIURGIU
Constanta, CONSTANTA
17 OZANA SRL
1.438
57,138,099
19
27,119
1.400
1.338
1.300
98,419,279
12
-1,374,326
24
112,733,589
11
-2,159,634
184
Saliste, SIBIU
123,970,824
10
67,261
Bucuresti, Sector 1
16%
Chemicals
t MANUFACTURE OF BASIC CHEMICALS
t WHOLESALE OF CHEMICAL PRODUCTS
t MANUFACTURE OF PAINTS, VARNISHES AND SIMILAR COATINGS,
PRINTING INKS AND MASTICS
t MANUFACTURE OF RUBBER AND PLASTIC PRODUCTS - EXCEPT TYRES
t WASTE MANAGEMENT
MCR
CHEMICALS
20%
Total Revenues y/y (2011)
agri-chemicals
21%
15%
rubber
75%
10%
Rubber
24%
wholesale
5%
Plastics
paints
50%
0%
-5%
basic chemicals
-10%
-10%
0%
Chemicals wholesale
29%
plastics
25%
10%
20%
30%
40%
8%
4%
15%
0%
Fertilizers, agri-chemicals
Paints, coatings, adhesive
Basic chemicals
200
140.0
150
120.0
100.0
80.0
100
60.0
40.0
50
20.0
chemicals
rubber&plastic
manufacturing
chemicals
plastics&rubber
2007
2005
1H12
2003
2011
2001
2010
1999
2009
1997
2008
1995
2007
1993
2006
1991
2005
1989
0.0
MCR
CHEMICALS
PROFIT/LOSS
(2011 RON)
NO OF
EMPLOYEES
CONTACT
AZOMURES SA
4.263
1,625,577,204
365,196,441
2,688
OLTCHIM SA
3.613
1,533,016,194
-278,342,623
3,447
Ramnicu Valcea,
VALCEA
3.313
715,991,743
37,774,933
3,659
2.625
293,116,641
-35,286,969
887
Ramnicu Valcea,
VALCEA
2.325
2.300
2.288
1.938
1.888
1.850
1.675
1.675
176,292,965
4,979,821
656
Onesti, BACAU
273,777,020
186,290
22
Bucuresti, Sector 2
40,163,005
19
4,416,813
51
Bucuresti, Sector 1
64,282,120
16
673,487
179
Focsani, VRANCEA
144,918,651
15,921,831
156
Diroda, TIMIS
51,053,932
17
9,942,860
34
174,497,945
2,160,117
81,127,830
14
-355,470
4
5
6
7
8
9
10
11
12
1.663
14
15
16
17
18
19
1.588
1.575
1.575
1.438
1.275
1.200
80,357,858
15
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
COMFERT SRL
AGRICOVER SRL
AGROPORT SA
BAYER SRL
TIMAC AGRO ROMANIA SRL
ATAMETALY SRL
BRENNTAG SRL
BASF COATINGS SERVICES SRL
B A S F SRL
GLISSANDO SRL
SIKA ROMANIA SRL
DAFCOCHIM SRL
ORBIT POLYMERS SRL
SYNGENTA AGRO SRL
AZOCHIM SRL
LINZER AGRO TRADE ROMANIA SRL
SOLEXIM POLYMERS SRL
MAKHTESHIM AGAN MAROM SRL
AGROTEX SRL
MARIA INVEST HOLDING SRL
CHIMAGRI SRL
GENERAL AGRO INTERNATIONAL SRL
ADIDANA SRL
DEN BRAVEN ROMANIA COMEX SRL
Bacau, BACAU
1,021
Turnu Magurele,
TELEORMAN
Navodari, CONSTANTA
88,851,410
12
63,470
89
117,404,005
10
-2,222,484
558
Victoria, BRASOV
81,898,662
13
-9,378,192
744
Slobozia, IALOMITA
48,155,401
18
1,120,583
87
Bucuresti, Sector 1
118,281,866
-26,024,157
404
Bucuresti, Sector 2
89,400,854
11
-19,806,660
45
Bucuresti, Sector 3
PROFIT/LOSS
(2011 RON)
NO OF
EMPLOYEES
CONTACT
1,092,493
2.788
2.788
2.400
2.338
2.188
2.100
2.088
2.050
2.038
2.038
2.038
2.000
2.000
1.938
1.938
1.900
1.900
1.900
1.850
1.850
1.850
1.800
1.800
1.788
388,851,148
9,151,592
190
Bacau, BACAU
236,750,800
6,605,172
116
Voluntari, ILFOV
339,979,022
2,855,661
27
Galati, GALATI
297,992,728
3,761,266
207
Bucuresti, Sector 2
128,062,742
12
11,351,973
60
Bucuresti, Sector 1
82,964,017
20
961,856
167,392,309
5,086,891
91
Chiajna, ILFOV
63,663,078
24
3,096,240
18
Bucuresti, Sector 1
141,384,290
11
13,290,911
76
Bucuresti, Sector 1
110,216,729
17
5,842,760
95
Timisoara, TIMIS
77,883,190
21
1,337,269
51
Brasov, BRASOV
117,966,015
14
6,402,634
37
92,957,883
19
1,245,011
11
172,116,048
5,310,991
68
Bucuresti, Sector 1
162,973,825
8,545,594
126
Calugareni, GIURGIU
145,880,784
10
4,148,485
29
Bucuresti, Sector 2
127,306,250
13
1,925,693
16
Bucuresti, Sector 1
103,301,994
18
1,071,917
20
Voluntari, ILFOV
157,558,031
14,440,750
49
114,945,809
15
12,581,746
27
Chirnogi, CALARASI
112,038,211
16
7,341,011
36
Chiscani, BRAILA
66,213,049
22
1,548,980
14
Sector 6, BUCURESTI
64,696,308
23
811,923
16
Pitesti, ARGES
186,397,053
-985,634
246
Buftea, ILFOV
TURNOVER
MCR SCORING ANNUAL(TURNOVER
2011 RON) RANKING
PROFIT/LOSS
(2011 RON)
NO OF
EMPLOYEES
CONTACT
1
2
3.275
2.725
1,077,761,809
-151,271,747
246,466,069
14,140,879
340
Bucuresti, Sector 6
TERAPLAST SA
2.725
209,359,979
-14,642,198
449
Bistrita, BISTRITANASAUD
ARTEGO SA
PHOENIX MECANO PLASTIC SRL
ROMCARBON SA
HUTCHINSON SRL
SPUMOTIM SA
PLASTOR SA
STAR EAST PET SRL
CONTITECH THERMOPOL ROMANIA SRL
PET STAR HOLDING SRL
2.563
2.275
2.225
2.075
2.075
2.025
1.938
1.875
1.688
198,265,652
4,349,174
1,224
121,028,027
12,634,828
318
Sibiu, SIBIU
107,017,783
10
2,712,128
637
Buzau, BUZAU
4
5
6
7
8
9
10
11
12
134,037,800
4,382,306
542
Cristian, BRASOV
92,513,645
14
21,871,263
551
Timisoara, TIMIS
90,528,358
15
8,392,241
774
Oradea, BIHOR
85,151,553
18
413,219
55
Brasov, BRASOV
132,367,556
13,712,497
401
Nadab, ARAD
135,468,427
2,703,731
69
Slobozia, IALOMITA
1.688
96,297,708
12
-5,679,779
69
1.650
92,668,344
13
2,517,027
44
15
16
17
18
1.638
1.588
1.575
1.388
100,270,883
11
-495,857
69
Pantelimon, ILFOV
163,163,733
-2,692,920
248
Bucuresti, Sector 2
89,691,725
16
-12,749,677
570
Pielesti, DOLJ
87,118,630
17
-4,627,366
187
Buzau, BUZAU
Popesti Leordeni,
ILFOV
Dragomiresti-Deal,
ILFOV
MCR
CHEMICALS
MCR SCORING
1
2
3
4
5
6
AZUR SA
EUROINK ROMANIA SRL
AXM PROD 93 SRL
METALBAC & FARBE SA
KOBER SRL
VADOVA SRL
2.325
2.150
2.038
2.038
1.825
1.800
1.688
7
9
10
11
14
12
CHIMTITAN SRL
FABRYO CORPORATION SRL
DILOIL CHIM SRL
HELIOS TRADING CO SRL
POLICOLOR SA
SENTOSA IMPEX SRL
1.688
1.675
1.650
1.600
1.588
1.588
13
SARCOM SRL
15
16
17
18
19
20
21
SWARCO VICAS SA
CHEMPRO CHEMICALS SRL
NATIONAL PAINTS FACTORIES COMPANY SA
IZOCOLOR 92 PROD SRL
DRUCKFARBEN ROMANIA SRL
DEUTEK SA
NUBIOLA ROMANIA SRL
PROFIT/LOSS
(2011 RON)
NO OF
EMPLOYEES
CONTACT
96,775,367
123,576
265
Timisoara, TIMIS
19,490,914
12
722,059
16
Bucuresti, Sector 4
24,336,244
11
710,593
128
Bucuresti, Sector 4
15,431,090
14
3,868,132
54
Magura, BACAU
165,807,840
9,336,732
8,384,061
19
49,456
73,010,702
172,292
248
Sancraiul de Mures,
MURES
13,367,926
15
677,961
68
Bucuresti, Sector 3
126,470,657
583,486
252
10,650,858
17
733,554
Slatioara, OLT
7,908,381
20
706,825
40
Popesti-Leordeni, Ilfov
124,256,008
-3,052,200
190
Bucuresti, Sector 3
33,450,262
7,565,236
95
Cluj-Napoca, CLUJ
1.588
27,737,033
10
114,897
99
1.550
1.550
1.488
1.400
1.388
1.375
1.338
18,831,345
13
-369,554
43
Targoviste, DAMBOVITA
8,781,426
18
47,660
11,158,101
16
-1,234,899
80
Miroslava, IASI
7,059,151
21
596,152
26
Bucuresti, Sector 3
59,548,980
-3,635,419
105
Magurele, ILFOV
114,497,428
-20,175,800
379
Bucuresti, Sector 3
51,771,734
-632,492
151
Doicesti, DAMBOVITA
WASTE MANAGEMENT
RANK COMPANY NAME
REMAT SA
TURNOVER
MCR SCORING ANNUAL(TURNOVER
2011 RON) RANKING
PROFIT/LOSS
(2011 RON)
NO OF
EMPLOYEES
CONTACT
Calarasi, CALARASI
3.388
749,609,421
10,710,524
133
2.913
267,590,738
13
14,912,162
2,920
REMATHOLDING CO SRL
2.638
578,389,137
11,303,473
198
VIVANI SALUBRITATE SA
2.638
205,510,109
18
10,448,441
191
Slobozia, IALOMITA
REMAT SCHOLZ SA
2.600
519,985,014
6,195,910
Bucuresti,
BUCURESTI
6
7
8
9
10
2.588
2.588
2.588
2.588
2.538
210,035,820
17
420,742
115
Chiajna, ILFOV
395,385,211
2,558,375
158
Arad, ARAD
274,781,362
10
4,370,861
220
Brasov, BRASOV
248,119,367
14
9,841,195
100
Argeselu, ARGES
212,346,121
16
5,043,198
239
Bucuresti,
BUCURESTI
Bucuresti,
BUCURESTI
Iasi, IASI
Bucuresti,
BUCURESTI
Drobeta-Turnu
Severin, MEHEDINTI
11 ENERGROM SA
2.500
413,549,306
9,087,332
36
2.488
267,797,770
12
2,219,028
98
13 REMATINVEST SRL
2.475
349,365,153
4,185,409
257
Cluj-Napoca, CLUJ
2.450
348,166,277
818,916
14
Constanta,
CONSTANTA
15 ANGHEL NG SRL
16 KIRAZOGLU CORPORATION SRL
2.438
2.388
286,873,869
102,173
76
Galati, GALATI
402,460,561
1,385,051
55
Agigea, CONSTANTA
2.300
270,249,430
11
-5,140,563
32
2.200
223,458,436
15
735,955
27
Constanta,
CONSTANTA
Bucuresti,
BUCURESTI
13.6
Pharmaceuticals
t MANUFACTURE OF BASIC PHARMACEUTICALS
t WHOLESALE OF PHARMACEUTICALS
t RETAIL TRADE OF PHARMACEUTICALS
MCR
PHARMACEUTICALS
Pharmaceutical Market
Reaping the fruits of past actions
Bogdan Tenu, Senior Manager, Transaction Advisory Services, Ernst & Young
RONbn
20
50.0%
18
45.0%
16
40.0%
14
35.0%
12
30.0%
10
25.0%
20.0%
15.0%
10.0%
5.0%
0.0%
2008
2009
2010
Patented drug sales, (RONbn)
2011f
2012f
2013f
2014f
2015f
Generic drug sales, (RONbn)
2016f
% of health expenditure
RONbn
18,000
16,000
14,000
12,000
10,000
8,000
6,000
4,000
2,000
0
2008
2009
2010
2011f
2012f
2013f
2014f
2015f
2016f
MCR
Opinion
DRAGOS DAMIAN,
Invest in
Romania!
THE LOCAL
ECONOMIC SETTING
HAS SEVERAL STRONG
POINTS THAT WILL
MAKE IT THE SIXTH
MOST ATTRACTIVE
COUNTRY FOR
INVESTMENTS IN
EUROPE IN THE NEXT
THREE YEARS.
1
2
3
4
5
6
7
8
9
TURNOVER
MCR SCORING ANNUAL(TURNOVER
2011 RON) RANKING
PROFIT/LOSS
(2011 RON)
NO OF
EMPLOYEES
CONTACT
3.113
2.775
2.725
2.725
2.425
2.225
2.138
2.125
2.038
281,847,455
20,298,909
1,450
Iasi, IASI
407,769,055
25,704,364
258
Brasov, BRASOV
421,239,266
95,848,848
667
Cluj-Napoca, CLUJ
235,648,166
33,857,309
555
Bucuresti, Sector 3
ANTIBIOTICE SA
EUROPHARM SA
TERAPIA SA
ZENTIVA SA
BIOFARM SA
ASTRAZENECA PHARMA SRL
FITERMAN PHARMA SRL
HOFIGAL EXPORT IMPORT SA
SANDOZ SRL
93,443,090
10
14,220,788
362
Bucuresti, Sector 3
116,178,490
6,501,355
297
Bucuresti SECTOR 1
40,486,745
15
8,010,168
120
Iasi, IASI
22,925,761
21
2,108,543
318
Bucuresti, Sector 4
272,698,827
-15,669,154
2.038
23,312,787
20
3,212,001
1.875
1.838
1.838
1.825
1.788
1.788
121,732,229
14,416,592
391
Bucuresti, Sector 3
117,720,908
777,373
195
Bucuresti SECTOR 1
68,178,204
12
35,978,988
144
Otopeni, ILFOV
119,516,919
-119,441,475
Constanta,
CONSTANTA
30,350,226
18
3,796,276
99
25,161,982
19
1,647,053
110
Timisoara, TIMIS
320
Filipestii de Padure,
PRAHOVA
Cluj Napoca, CLUJ
Bucuresti, Sector 2
1.775
49,994,572
13
18
19
20
21
22
1.738
1.588
1.575
1.475
1.438
37,826,236
16
-76,941
89
84,427,664
11
4,280,342
231
Otopeni, ILFOV
37,490,359
17
523,971
366
Voluntari, ILFOV
46,064,676
14
-1,222,841
269
Cornu, PRAHOVA
21,125,255
22
3,333,342
182
Bucuresti, Sector 1
TURNOVER
MCR SCORING ANNUAL(TURNOVER
2011 RON) RANKING
PROFIT/LOSS
(2011 RON)
NO OF
EMPLOYEES
CONTACT
1,300
Popesti-Leordeni,
ILFOV
FERROSAN SRL
ROMPHARM COMPANY SRL
ROMVAC COMPANY SA
SWISSCAPS ROMANIA SRL
SINDAN - PHARMA SRL
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
6,007,874
S.I.E.P.C.O.F.A.R. SA
3.163
755,620,215
6,830,066
ROPHARMA SA
SENSIBLU SRL
HELP NET FARMA SA
CENTROFARM SA
REMEDIUM FARM SRL
GENERAL TRADE PHARM SRL
HERMES PHARMA SA
MED-SERV UNITED SRL
URGENT FARM SRL
VILEUS MED-COM SRL
MC SERV TOUR SRL
FARMACEUTICA ARGESFARM SA
GENERAL CONCEPT PHARM SRL
SIBPHARMAMED SRL
CATENA HYGEIA SRL
MINI-FARM SRL
PASSIFLORA COM SRL
FARMACIA ACSADEMIA SRL
GEDEON RICHTER FARMACIA SA
3.075
3.013
2.775
2.125
2.000
1.988
1.975
1.938
1.900
1.888
1.888
1.738
1.688
1.688
1.688
1.638
1.400
1.400
1.375
385,169,835
10,687,756
756
Brasov, BRASOV
920,786,955
1,166,452
2,133
Mogosoaia, ILFOV
350,442,551
12,580,059
993
Bucuresti, Sector 2
159,275,207
2,966,174
422
Bucuresti, Sector 2
53,376,346
17
5,096,844
49
Cluj-Napoca, CLUJ
190,423,351
204,676
57
Magurele, ILFOV
174,948,813
1,567,006
491
Bucuresti, Sector 1
133,442,454
10
1,804,090
122
Bucuresti, Sector 5
47,834,811
18
1,603,906
26
Bucuresti, Sector 1
69,886,021
14
3,631,791
74
Pitesti, ARGES
69,597,067
15
2,018,161
125
Bucuresti, Sector 2
149,132,452
2,086,873
240
Pitesti, ARGES
104,662,108
11
635,260
120
Magurele, ILFOV
100,393,142
12
791,012
151
Sibiu, SIBIU
63,080,781
16
742,965
213
Pitesti, ARGES
42,233,299
20
230,791
111
Babadag, TULCEA
70,041,325
13
126,070
15
Bucuresti, Sector 4
47,107,113
19
1,875,043
14
Bucuresti, Sector 4
169,929,654
-4,022,939
457
Corunca, MURES
MCR
PHARMACEUTICALS
WHOLESALE OF PHARMACEUTICALS
RANK COMPANY NAME
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
TURNOVER
MCR SCORING ANNUAL(TURNOVER
2011 RON)
RANKING
PROFIT/LOSS
(2011 RON)
NO OF
EMPLOYEES
CONTACT
3.875
3.825
3.775
3.675
3.338
3.288
3.275
3.225
3.175
3.125
3.025
2.600
2.538
2.538
2.525
2.375
1,821,368,650
86,369,568
1,245,539,397
42,157,465
639
Sibiu, SIBIU
2,700,529,658
56,231,206
900
Mogosoaia, ILFOV
Brasov, BRASOV
FARMEXPERT DCI SA
POLISANO SRL
MEDIPLUS EXIM SRL
EUROPHARM HOLDING SA
SANOFI-AVENTIS ROMANIA SRL
ROCHE ROMANIA SRL
GLAXOSMITHKLINE (GSK) SRL
FARMACEUTICA REMEDIA SA
ADM FARM SRL
FARMEXIM SA
FILDAS TRADING SRL
SERMEDIC SRL
A &G MED TRADING SRL
MEDIMFARM SA
ROMASTRU TRADING SRL
PHARMAFARM SA
1,024,526,005
11,236,244
344
848,148,293
19,095,940
1,090,313,389
149,697
723,741,502
10
21,173,671
203,467,822
16
4,077,449
781,828,812
8,883,553
972,471,927
10,316,324
935,162,376
24,596,603
499
471,296,283
11
5,107,052
6 Bucuresti, Sector 1
Pitesti, ARGES
361,001,582
12
429,453
61,581,767
40
2,095,257
358,430,923
13
2,779,524
302,650,945
15
-35,790,671
413
Cluj-Napoca, CLUJ
2.288
63,031,123
37
3,126,970
77
Remetea Mare
Nr.636, TIMIS
2.188
2.188
2.088
2.000
2.000
2.000
1.975
330,279,371
14
-16,131,988
66,888,151
36
9,272,612
94,054,504
27
2,047,457
130
Iasi, IASI
148,175,571
20
23,639,862
49
Mogosoaia, ILFOV
ACTAVIS SRL
SOF MEDICA SRL
PHARMA SA
A &D PHARMA MARKETING &SALES SERVICES SRL
THREE FARM SRL
STERIMED COM SRL
FARMAVET SA
62,679,205
38
1,347,026
4 Bucuresti, Sector 2
57,865,440
42
1,149,440
16 Bucuresti, Sector 3
111,150,740
25
2,424,587
1.938
112,706,001
24
4,158,819
172
1.900
1.850
1.825
1.688
1.688
1.650
1.650
1.638
87,709,030
29
3,960,148
97,973,084
26
4,588,999
39 Bucuresti, Sector 2
80,410,583
30
3,414,623
Targu Mures,
MURES
10 Bucuresti, Sector 6
145,496,366
21
3,872,178
62 Bucuresti, Sector 5
58,367,534
41
-2,140,069
158,322,262
19
8,459,105
24 Bucuresti, Sector 2
67,243,577
35
1,533,170
46 Bucuresti, Sector 1
68,192,385
33
526,522
1.588
161,209,343
18
3,157,259
1.588
1.588
1.588
1.588
1.588
1.550
1.488
1.400
116,585,286
23
9,759,300
73 Bucuresti, Sector 1
92,235,542
28
1,886,515
80 Bucuresti, Sector 4
71,175,240
31
-4,538,886
80 Bucuresti, Sector 2
69,249,789
32
-5,804,949
57,529,105
43
829,997
62,302,728
39
394,549
50 Bucuresti, Sector 2
170,016,509
17
-9,437,515
67,728,965
34
-7,037,027
1.350
124,687,293
22
4,481,438
242
Brasov, BRASOV
81 Bucuresti, Sector 1
128
Cluj-Napoca, CLUJ
Cluj-Napoca, CLUJ
5 Bucuresti, Sector 3
250
MCR
An industry at war
If glass producers saw an increase in demand
starting with the second part of 2011,
manufacturers of ceramic products struggle to
survive the harsh competition of Chinese imports.
Magda Munteanu, Freelance Journalist
19,000
1,600
9,000
18,000
1,400
8,000
17,000
1,200
16,000
7,000
6,000
1,000
15,000
800
14,000
600
13,000
12,000
400
11,000
200
10,000
0
2007
2008
2009
2010
2011
Employment
Production
(tons)
Sales in the EU
(tons)
5,000
4,000
3,000
2,000
1,000
0
2007
Source: STICEF
2008
Raw materials
2009
Gas
Electricity
2010
Labour
2011
Product type
Production (tones)
No of Employees
Year of closure
Iris Cluj
Stipo Dorohoi
Arpo
Faimar Baia Mare
Vitron Tarnaveni
Ceramar Baia Mare
porcelain
porcelain
porcelain
earthenware
stoneware
earthenware
8,000
5,000
5,000
6,000
4,000
100
2,000
1,000
1,200
800
600
100
Apr-03
2006
Jul-08
2008
Jul-05
Apr-12
Source: STICEF
This is the main reason why some producers shifted their focus
towards art glassware, which uses fewer raw materials and has
a good export market. Local production in this sector has
steadily increased by 10% each year and companies export
almost all their products to the EU (90%), Canada, the US and
Russia. In Romania, consumption is mainly focused on cheaper
products of Turkish origin.
In spite of the difficult conditions, the Turkish group Trakya
Cam decided to enter the Romanian market by acquiring Glass
Corp Buzau earlier this year, in a deal estimated at EUR 3.6mn.
The company, which ranks among the top six flat glass
companies in the world and top four companies in Europe by
its production capacity, plans to invest over EUR 55mn in the
Romanian producer. Trakya Cam had $751mn net sales in 2011
and employs more than 2,700 people. In 2009, it decided to
develop its flat glass activities together with Saint-Gobain in
Egypt and Russia.
CERAMICS FIGHT AGAINST CHEAP IMPORTS
The ceramics sector is under huge pressure. In spite of constant
demand, of around 660,000 tons per year at the EU level,
producers struggle to survive. Their main concern is the unfair
competition of similar products imported from China.
Problems began in 2005, when the European countries
liberalized the access of such products on their markets. The
result was an avalanche of Chinese imports, which currently
count for more than 65% of the total products sold in the EU,
compared to the 22% in 2004. The average export prices from
China are some 70% lower than the average 2011 prices of all
other countries exporting to the EU.
Statistics show that Chinese exports of ceramic table and
kitchenware to the EU have increased by 260% since 2004,
while the union lost 56% of its jobs in the sector within the
same timeframe.
In an attempt to limit the negative effects of these imports on
the local production, certain countries such as Colombia,
Indonesia and Argentina have instituted anti-dumping
measures against Chinese imports. The European Commission
also initiated, in February 2012, an anti-dumping proceeding
concerning imports of ceramic tableware and kitchenware
from China.
The EU is currently investigating the extent to which such
products are dumped and cause material injury to EU
MCR
1
2
3
4
5
STIROM SA
SAINT-GOBAIN GLASS ROMANIA SRL
STICLA TURDA SA
SPECTRUM INDUSTRIES SRL
GEROM SA
TURNOVER
MCR SCORING ANNUAL(TURNOVER
2011 RON) RANKING
3.025
2.375
2.225
2.088
2.038
PROFIT/LOSS
(2011 RON)
NO OF
EMPLOYEES
CONTACT
207,570,716
19,462,703
421
Bucuresti, Sector 3
282,599,447
12,843,212
270
Bucuresti, Sector 1
10,968,427
15
390,261
313
Turda, CLUJ
14,598,289
10
709,444
57
Bucuresti, Sector 4
34,368,930
-2,485,408
227
Buzau, BUZAU
282
Valenii de Munte,
PRAHOVA
Zalau, SALAJ
2.025
41,614,135
1,991,401
7
8
9
10
11
12
13
14
15
16
17
18
1.950
1.888
1.838
1.788
1.788
1.588
1.538
1.500
1.488
1.488
1.438
1.200
13,776,375
11
433,960
44
10,859,173
17
851,854
162
Arad, ARAD
22,033,250
172,428
67
Tarnaveni, MURES
49,770,204
819,263
183
Bucuresti, Sector 4
13,025,469
13
717,311
61
Bucuresti, Sector 4
25,663,148
340,927
122
Timisoara, TIMIS
12,221,902
14
1,002,475
83
Avrig, SIBIU
10,901,629
16
253,949
50
Tarnaveni, MURES
18,141,478
449,074
105
Ploiesti, PRAHOVA
14,927,879
-23,427,894
80
Brasov, BRASOV
13,211,728
12
68,651
131
Buzau, BUZAU
10,161,745
18
-506,332
43
TURNOVER
MCR SCORING ANNUAL(TURNOVER
2011 RON) RANKING
PROFIT/LOSS
(2011 RON)
NO OF
EMPLOYEES
CONTACT
Bucuresti, Sector 1
2
3
4
5
6
7
REGATA SRL
1.938
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
DAFERMANN SRL
CERSANIT ROMANIA SA
CESIRO SA
WIENERBERGER - SISTEME DE CARAMIZI SRL
SANEX SA
SAWA SA
ELECTROCERAMICA SA
MONDIAL SA
YALCO ROMANIA SRL
ROCA OBIECTE SANITARE SRL
PREMIER COM SRL
LASSELSBERGER SA
PIASTRELLE SRL
ARCOROM SRL
KAI CERAMICS SRL
1.850
1.825
1.813
1.788
1.725
1.700
1.688
1.675
1.650
1.638
1.588
1.588
1.588
1.450
1.400
24
1.200
2.275
268,050,248
-5,251,351
543
2.088
2.088
2.088
2.025
2.025
1.975
68,841,065
11
4,376,705
229
Iasi, IASI
41,716,288
16
4,409,185
106
Reghin, MURES
26,126,709
18
781,727
175
Astileu, BIHOR
66,464,729
12
1,907,634
858
56,203,451
14
6,732,313
265
Sighisoara, MURES
62,408,814
13
6,472,707
511
96,991,777
10,967,785
169
Targoviste,
DAMBOVITA
25,564,049
19
3,068,782
20
Bacau, BACAU
81,361,096
-1,417,541
533
Roman, NEAMT
90,187,932
-565,676
1,346
Sighisoara, MURES
118,089,518
-4,477,345
203
Bucuresti, Sector 1
94,854,054
-5,562,016
440
Cluj-Napoca, CLUJ
74,076,933
10
17,399
42
Cluj-Napoca, CLUJ
22,469,935
23
-1,225,473
240
Turda, CLUJ
126,599,166
-4,185,956
814
Lugoj, TIMIS
23,222,418
22
117,308
27
Bucuresti, Sector 1
21,607,264
24
-6,663,822
139
Bucuresti, Sector 6
97,158,125
268,245
55
Slobozia, IALOMITA
83,232,361
-428,002
54
Bucuresti, Sector 5
35,640,574
17
365,936
103
Timisoara, TIMIS
23,817,257
21
979,251
15
Otopeni, ILFOV
42,082,896
15
-1,201,573
17
Bucuresti, Sector 1
24,277,107
20
-1,605,344
30
Tancabesti, Comuna
Snagov, ILFOV
3.8
Metal
t PRIMARY METAL MANUFACTURING
t MANUFACTURE OF METAL PRODUCTS
t WHOLESALE OF METALS AND METAL ORES
MCR
METAL
6,000
5,000
4,000
3,000
2,000
1,000
0
15,000
10,000
5,000
0
2007
2008
2009
Steel
2010
2011
Cast
Source: UniRomSider
Tons/price
Export
Thous tons
3,863
3,269
2,090
3,023
3,304
Mil $/
3,367
3,576
1,751
1,847
2,514
864
1,094
838
611
760
Thous tons
3,570
3,648
1,846
2,775
3,425
Mil $/
3,455
4,395
2,784
2,056
2,739
968
1,205
938
741
800
Medium
price/ton
Import
Medium
price/ton
2007 *
2008 *
2009*
2010 **
2011 **
* f o r 2 0 0 7 , 2 0 0 8 , 2 0 0 9 , th e v al u e i s i n $
* * f o r 2 0 1 0 , 2 0 1 1 , th e v al u e i s i n eu r o
Source: UniRomSider
MCR
METAL
TURNOVER
MCR SCORING ANNUAL(TURNOVER
2011 RON) RANKING
PROFIT/LOSS
NO OF
(2011 RON) EMPLOYEES
CONTACT
1
2
3
ALRO SA
ARCELORMITTAL GALATI SA
SILCOTUB SA
4.163
3.900
3.863
2,241,390,928
228,309,982
2,513
Slatina, OLT
4,663,330,401
-620,130,335
8,755
Galati, GALATI
1,442,409,942
107,588,856
1,348
Zalau, SALAJ
MECHEL TARGOVISTE SA
3.713
1,099,750,708
-133,495,504
2,250
Targoviste,
DAMBOVITA
5
6
7
8
9
TMK-ARTROM SA
DUCTIL STEEL SA
ARCELORMITTAL TUBULAR PRODUCTS ROMAN SA
ALUM SA
LAMINORUL SA
3.613
3.363
3.213
3.075
3.025
856,313,578
67,503,261
1,141
Slatina, OLT
1,047,689,527
-141,648,777
1,507
Buzau, BUZAU
748,109,975
-26,449,686
1,149
Roman, NEAMT
574,237,971
11
32,562,133
719
Tulcea, TULCEA
933,973,827
-132,867,299
667
Braila, BRAILA
Beclean, BISTRITANASAUD
Resita, CARASSEVERIN
Targoviste,
DAMBOVITA
3.025
278,347,307
16
5,058,202
684
11 TMK - RESITA SA
2.925
804,234,037
50,412,602
782
12 CROMSTEEL INDUSTRIES SA
2.925
251,843,625
18
21,560,799
331
13 DONALAM SRL
2.788
284,986,507
15
55,464,566
174
Calarasi, CALARASI
14 ARCELORMITTAL HUNEDOARA SA
2.725
388,082,736
14
-19,811,164
683
Hunedoara,
HUNEDOARA
15
16
17
18
2.725
2.613
2.538
2.488
218,094,258
19
-35,611,590
547
Iasi, IASI
621,503,917
10
-107,212,223
1,925
423,360,921
12
30,975,112
88
Topoloveni, ARGES
200,212,145
20
1,826,823
218
Slatina, OLT
19 ERDEMIR-ROMANIA SRL
2.275
266,713,034
17
-4,653,705
292
Targoviste,
DAMBOVITA
20
21
22
23
24
25
2.238
2.188
2.175
2.175
2.088
2.038
27,549,536
37
1,628,494
240
Fagaras, BRASOV
20,747,894
43
125,334
406,365,952
13
-19,551,634
707
Bucuresti, Sector 4
77,689,319
29
1,674,618
513
21,202,183
41
859,409
70
Oradea, BIHOR
55,909,679
30
1,432,394
68
Brasov, BRASOV
UPRUC CTR SA
ZIMTUB SA
DOOSAN IMGB SA
SATURN SA
TURNATORIE IBERICA SRL
METALSIL PROD SRL
26 EUCASTING RO SRL
2.038
32,561,111
36
1,674,545
175
Geamana, Localitate:
Bradu, ARGES
27 TURNOVI SRL
2.000
20,782,499
42
1,628,870
20
Deva, HUNEDOARA
28 COZMIRCOM SA
1.938
45,020,674
33
8,068,970
91
29
30
31
32
33
34
35
36
37
38
39
40
1.900
1.788
1.788
1.738
1.725
1.700
1.688
1.688
1.638
1.588
1.588
1.500
113,086,640
25
2,496,031
Brasov, BRASOV
162,833,787
22
9,565,159
125
Ghimbav, BRASOV
21,853,182
40
737,271
115
Brasov, BRASOV
93,986,039
28
1,078,217
98
Bucuresti, Sector 3
24,404,047
39
-1,048,819
294
Campina, PRAHOVA
46,770,429
32
445,917
163,564,334
21
7,011,241
89
141,175,850
24
235,987
192
Iasi, IASI
49,356,551
31
-6,047,620
198
Galati, GALATI
104,290,242
26
-2,960,365
183
Galati, GALATI
35,370,409
35
412,692
182
Slatina, OLT
37,539,105
34
926,493
21
Slatina, OLT
41 Navodari, CONSTANTA
Buzau, BUZAU
1.488
101,198,120
27
16,569,378
234
Dumbravita,
MARAMURES
1.488
25,743,081
38
202,821
130
Letcani , IASI
43 OTELINOX SA
1.475
144,150,551
23
-17,178,546
847
Targoviste,
DAMBOVITA
MCR
METAL
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
CONFIND SRL
CORD ROMANIA SRL
AROMET SA
CAN-PACK ROMANIA SRL
ELSID SA
ROMTEM SA
VILMAR SA
GIC NOSAG METAL SRL
2.963
2.875
2.788
2.638
2.625
2.400
2.225
2.125
NIMET SRL
2.088
2.088
2.075
2.025
2.025
2.000
1.988
1.975
1.900
1.888
1.825
1.788
1.788
1.738
PROFIT/LOSS
NO OF
(2011 RON) EMPLOYEES
CONTACT
218,829,078
29,715,977
1,124
383,708,042
18,823,477
458
Slatina, OLT
397,865,426
2,310,909
187
Buzau, BUZAU
Campina, PRAHOVA
289,642,596
19,151,136
157
Bucuresti, Sector 4
369,766,683
74,532,525
255
Titu, DAMBOVITA
295,573,210
1,350,989
18
Buzau, BUZAU
180,160,932
13,008,314
128,464,820
5,474,244
99,917,169
15
7,052,781
Bradu, ARGES
182
Lazuri, Comisani,
DAMBOVITA
50,447,272
41
1,020,125
68
105,249,279
13
4,272,169
478
Prejmer, BRASOV
144,001,341
7,947,937
262
Buzau, BUZAU
77,718,407
26
1,715,657
914
Medias, SIBIU
62,531,240
30
1,048,593
Galati, GALATI
96,994,032
18
7,466,197
60
81,328,034
24
2,321,621
343
Medias, SIBIU
52,433,230
38
629,376
28
Selimbar, SIBIU
54,399,696
36
-1,618,713
84
Popesti-Leordeni, ILFOV
30,111,110
43
2,550,030
276
Bradu, ARGES
89,906,865
23
-805,446
76,605,829
28
1,651,310
173
Pascani, IASI
117,635,936
11
1,803,005
115
Buzias, TIMIS
23 PLASTSISTEM SA
1.738
79,252,850
25
408,015
68
Crainimat, Comuna
Sieu-Magherus,
BISTRITA-NASAUD
1.738
1.738
1.738
58,829,471
33
2,888,325
184
Cluj-Napoca, CLUJ
54,730,338
35
8,251,005
191
Cristesti, MURES
51,873,897
39
533,811
27 MIRO SA
1.725
46,326,513
42
561,060
290
Bistrita, BISTRITANASAUD
28
29
30
31
32
33
34
35
36
37
38
39
40
41
1.713
1.700
1.688
1.675
1.675
1.650
1.638
1.600
1.588
1.550
1.550
1.538
1.538
1.488
93,236,632
21
-30,652,033
1,022
Bucuresti, Sector 4
58,360,433
34
118,560
VULCAN SA
UZINGRUP VEST SRL
FIERCTC SIBEL SRL
FAIST MEKATRONIC SRL
METABET CF SA
TOPANEL PRODUCTION PANELS SA
MARTIFER CONSTRUCTII SRL
DOLADELA COMPANY SRL
AUTOHTON TIM SRL *
TUREX SA
TEHNIC GRUP MC SRL
PROFILAND STEEL SRL
COMPANIA NATIONALA ROMARM SA
BOG ART STEEL SRL
COMPANIA NATIONALA ROMARM SA BUCUR42 ESTI FILIALA SOCIETATEA COMERCIALA UZINA
MECANICA CUGIR SA
43 METALICPLAS IMPEX SRL
* under law 85
38 Hunedoara, HUNEDOARA
110,408,192
12
3,043,429
131
Galati, GALATI
96,509,648
19
8,922,896
305
Oradea, BIHOR
77,436,260
27
8,216,093
503
Bucuresti, Sector 1
59,309,641
31
2,393,487
98,636,643
16
1,451,981
183
69,540,016
29
3,571,422
49
Galati, GALATI
59,162,824
32
-8,671,642
99
Timisoara, TIMIS
95,448,116
20
79,364
Buzau, BUZAU
51,374,427
40
83,151
Buzau, BUZAU
118,469,615
10
467,705
86
Galati, GALATI
97,860,666
17
23,832
82
Bucuresti, Sector 6
54,188,230
37
-394,707
57
Bucuresti , Sector 3
1.463
104,772,094
14
-8,520,645
1,080
Cugir, ALBA
1.388
93,029,267
22
-283,422
228
Dej, CLUJ
TURNOVER
MCR SCORING ANNUAL(TURNOVER
2011 RON) RANKING
PROFIT/LOSS
(2011 RON)
NO OF
EMPLOYEES
CONTACT
Bucuresti, Sector 3
1
2
3
3.175
3.075
2.800
816,528,524
14,770,336
365
883,323,141
29,629,929
367
Galati, GALATI
242,779,829
2,253,653
25
Bucuresti, Sector 1
2.600
259,028,625
6,129,485
26
Negresti-Oas,
SATU MARE
5
6
7
8
9
10
11
2.438
2.338
1.938
1.938
1.900
1.850
1.788
363,253,552
2,265,908
241
Timisoara, TIMIS
74,007,746
17
3,683,071
171
Bucuresti, Sector 5
176,424,237
3,792,485
131
Chitila, ILFOV
138,963,541
10,360,008
91
Buftea, ILFOV
101,938,573
12
1,510,887
29
Bucuresti, Sector 3
80,288,612
16
2,065,196
36
Bucuresti, Sector 3
85,977,641
15
4,369,405
107
Bascov, ARGES
1.750
64,925,990
19
871,723
40
Bucuresti,
BUCURESTI
1.750
59,385,388
21
94,600
20
Bucuresti, Sector 1
131
Odorheiu Secuiesc,
HARGHITA
14 MELINDA-IMPEX STEEL SA
1.688
157,017,358
15
16
17
18
19
20
21
22
23
1.600
1.538
1.500
1.500
1.500
1.488
1.438
1.425
1.300
5,780,942
176,549,307
-6,907,545
26
Bucuresti, Sector 6
64,718,035
20
1,138,151
51
Bucuresti, Sector 1
98,755,432
13
2,664,552
34
Slatina, OLT
91,477,607
14
897,574
35
Bucuresti, Sector 4
54,819,787
22
238,011
25
Iasi, IASI
121,386,745
10
-4,882,470
56
Bucuresti, Sector 1
69,702,850
18
3,016
127
Dej, CLUJ
50,705,495
23
-3,879,191
296
Galati, GALATI
109,564,984
11
-4,050,353
39
Caldararu, ILFOV
1.25
Machinery
t MANUFACTURE OF MACHINERY, INDUSTRIAL EQUIPMENT,
SHIPS AND AIRCRAFT
t WHOLESALE OF MACHINERY, INDUSTRIAL EQUIPMENT,
SHIPS AND AIRCRAFT
MCR
MACHINERY
30.0
8.0
20.0
6.0
10.0
4.0
0.0
2.0
-10.0
Aug-12
Jun-11
Jan-12
Apr-10
Nov-10
Sep-09
Jul-08
Feb-09
Dec-07
Oct-06
May-07
Mar-06
Jan-05
Aug-05
Jun-04
Apr-03
Nov-03
Sep-02
Jul-01
Feb-02
-2.0
Dec-00
0.0
-20.0
-30.0
-4.0
-6.0
-40.0
European Union
Romania (rhs)
The Germans plan EUR 10mn investments within the first year
from the takeover in new equipment and will focus on the
European markets, followed by Russia and Middle East.
EASIER LANDING
The aircraft industry had the best evolution within the sector,
as its production index in terms of volume in the European
Union increased by 10.9% y/y during the first eight months of
2012. The Eurostat data indicates the growth was of 6.5% y/y in
2011. This evolution shows that passenger air traffic continues
to increase, in spite of the great recession, said Andrei
Radulescu, senior investment analyst at SSIF Broker.
In comparison, the military vehicles sector decreased by 1.6%
y/y in the EU during the first eight months of 2012, following a
20% y/y growth in 2011. The decrease is the result of the budget
constraints operated by Western countries.
The evolution of the machinery sector in 2013 will depend
directly on how the US economy solves its budgetary and fiscal
problems, on how the ongoing European crisis develops and on
how China manages to avoid a forced landing. US sentiment
indicators show there are premises for the world economy to
reach an inflection point in the last quarter of 2012 or the first
quarter or 2012 and to start a gradual growth process in 2013,
said Radulescu. However, the analyst warns the aircraft
industry could see a slowdown next year, no matter the world
macro-financial climate.
MCR
Opinion
ALEXANDRU BLEMOVICI,
Lets invest
in skilled
workforce
programs in enterprises. The economic
environment has made the first steps and
we hope for consistency, collaboration
and political continuity to achieve a first
major success in the Romanian school
education of the last 20 years. In this way
we will form true professionals, we will
increase the employability of young
generations and we will finally enable the
economic growth that we need so much.
In such circumstances economic agents
must react by adapting costs and
consumption to the reduced level of
orders. Unfortunately, these measures
may not circumvent labor costs and this
can ultimately mean, depending on the
intensity and duration of the unfavorable
conjuncture, staff reductions. Certainly,
the business community has never
seriously expected a miracle solutions
from the state to re-launch the economy,
and support the economic agents. We
often heard the expression "it would be
sufficient if the state would not confuse
us more than usual", but it would be a
pleasant surprise to see that the
Romanian state would be concerned at
some point about how they could
improve the "rules of the game" towards
the mutual interest of all parties involved
and ultimately its own citizens.
So you might find that the legislation
which provides for the possibility of
reducing staff costs in times of recession
by applying a "technical unemployment",
in which the company would have to pay
affected employees 75% of their salary,
provided that they remain home, is
outdated and probably only a company
PILOT VOCATIONAL
SCHOOLS COULD BE A
GOOD START
TOWARDS
MAINTAINING AND
INCREASING THE
ATTRACTIVENESS OF
ROMANIA AS A
SERIOUS INVESTMENT
DESTINATION
THROUGH A STRONG
QUALITY/COST OF
LABOR RATIO.
TURNOVER
MCR SCORING ANNUAL(TURNOVER
2011 RON) RANKING
PROFIT/LOSS
(2011 RON)
NO OF
EMPLOYEES
CONTACT
Mangalia,
CONSTANTA
Comuna Cristian,
BRASOV
3.613
1,725,406,261
-72,788,618
3,065
3.513
1,481,631,232
7,417,486
3,267
3
4
5
3.063
2.913
2.875
375,914,905
50,378,911
1,815
Braila, BRAILA
261,601,928
18,959,099
2,339
Barlad, VASLUI
351,791,919
86,447,728
852
Ploiesti, PRAHOVA
KOYO ROMANIA SA
2.813
231,283,959
11
4,551,725
1,345
Alexandria,
TELEORMAN
7
8
9
10
11
12
GRUP ROMET SA
EMERSON SRL
CAMERON ROMANIA SRL
SANTIERUL NAVAL DAMEN GALATI SA
STX RO OFFSHORE TULCEA SA
ELECTROPRECIZIA SA
2.788
2.775
2.675
2.663
2.613
2.588
624,090,512
3,843,537
79
Buzau, BUZAU
205,770,924
12
28,392,323
698
Cluj-Napoca, CLUJ
677,011,157
51,853,430
845
Campina, PRAHOVA
273,123,588
13,581,756
1,573
Galati, GALATI
505,287,393
9,137,030
2,745
Tulcea, TULCEA
450,614
127
Sacele, BRASOV
13 ROMBAT SA
2.575
319,058,489
14,888,862
630
Bistrita,
BISTRITA-NASAUD
14
15
16
17
2.488
2.450
2.425
2.413
90,153,992
23
7,163,903
205
Buzau, BUZAU
370,500
12
Buzau, BUZAU
VAE APCAROM SA
ECOFOREST SA
BOSCH REXROTH SRL
AEROSTAR SA
216,284,347
238,608,873
243,591,907
10
9,054,261
598
Blaj , ALBA
158,402,223
13
11,618,296
1,219
Bacau, BACAU
18 UNIO SA
2.363
98,090,445
22
272,924
1,017
19 SEVERNAV SA
2.275
118,965,970
19
1,409,754
664
20 RIG SERVICE SA
2.275
78,211,202
27
15,069,527
468
21
22
23
24
25
26
27
28
29
2.275
2.200
2.175
2.125
2.025
2.025
2.025
2.025
2.025
UZTEL SA *
MADIROM PROD SRL
SMR SA
ROTEC SA BUZAU
REMARUL 16 FEBRUARIE SA
EUROSPORT DHS SA
ATELIERELE CFR GRIVITA SA
REMAR SA
IAR SA
Satu Mare,
SATU MARE
Drobeta-Turnu
Severin, MEHEDINTI
Constanta,
CONSTANTA
76,985,891
28
5,443,317
596
Ploiesti, PRAHOVA
153,293,655
15
4,965,550
19
Timisoara, TIMIS
72,858,798
31
40,167
974
Bals, OLT
64,419,150
34
1,250,786
446
Buzau, BUZAU
119,602,038
18
1,209,916
507
Cluj-Napoca, CLUJ
105,382,434
21
1,404,255
255
Deva, HUNEDOARA
85,532,721
24
3,201,018
614
Bucuresti, Sector 1
79,061,602
26
599,358
570
Pascani, IASI
62,378,408
36
2,897,416
323
Ghimbav, BRASOV
Resita,
CARAS-SEVERIN
Constanta, CONSTANTA
30 UCM RESITA SA *
2.013
123,083,808
17
-328,082,796
2,264
2.013
67,465,911
33
-10,469,904
1,352
1.975
1.963
81,784,790
25
3,093,758
668
Craiova, DOLJ
147,006,528
16
37,053,917
1,354
Arad, ARAD
1.950
75,579,567
30
10,849,724
48
Bucuresti, Sector 2
1.938
70,784,378
32
488,046
135
Bucuresti, Sector 2
1.925
57,875,838
37
1,385,411
374
Rimnicu Valcea,
VALCEA
1.888
1.875
1.875
1.825
1.775
76,114,857
29
2,473,977
121
Chisineu-Cris, ARAD
62,708,554
35
4,090,333
315
Iasi, IASI
57,614,188
38
397,545
964
Bucuresti, Sector 1
106,362,543
20
7,780,188
876
Arad, ARAD
153,964,812
14
9,072,461
720
Bucuresti, Sector 4
MCR
MACHINERY
1
2
3
4
5
6
7
IPSO SRL
SIEMENS SRL
ABB S.R.L.
NHR AGROPARTNERS S.R.L.
DUTCH MARINE TRADING DESIGN S.A.
DAAS IMPEX SRL
AGROCOMERT HOLDING S.A.
MEWI IMPORT EXPORT AGRAR INDUSTRIETECHNIK SRL
NITECH S.R.L.
SANDVIK S.R.L.
ANDREAS STIHL MOTOUNELTE SRL
HAUSER SRL
GENERAL LEASING SA
TURNOVER
MCR SCORING ANNUAL(TURNOVER
2011 RON) RANKING
PROFIT/LOSS
(2011 RON)
NO OF
EMPLOYEES
CONTACT
Mogosoaia, ILFOV
2.688
2.675
2.488
2.338
2.288
2.238
2.238
369,638,427
21,063,687
238
475,386,469
19,781,890
209,675,907
2,288,361
50,098,140
18
2,436,059
133
Otopeni, ILFOV
38,811,697
24
3,297,195
60
Galati, GALATI
87,640,902
2,488,836
73,431,911
12
9,130,774
74
Timisoara, TIMIS
2.138
113,756,391
10,798,800
52
Ortisoara, TIMIS
2.138
2.050
2.000
2.000
1.988
64,449,192
14
6,813,162
42,397,655
22
344,949
102,643,534
17,270,967
62,147,135
15
2,622,098
4 Bucuresti, Sector 1
78,734,866
14,051,084
76 Bucuresti, Sector 1
14 SYSCOM - 18 S.R.L.
1.988
46,169,737
20
261,672
15 PROENERG SA
16 HEPA PROIECT SRL
1.938
1.900
32,428,390
27
2,147,147
65 Bucuresti, Sector 4
76,216,643
11
1,094,120
22
Birlad, VASLUI
1.900
34,956,383
25
2,617,103
49
Bucuresti,
BUCURESTI
18
19
20
21
22
23
24
25
26
27
28
29
1.900
1.888
1.850
1.800
1.788
1.750
1.750
1.700
1.700
1.650
1.600
1.500
30,534,661
28
5,478,130
38 Bucuresti, Sector 1
52,555,351
16
2,945,188
53
Otopeni, ILFOV
89,315,600
13,103,406
30
Otopeni, ILFOV
34,901,615
26
2,949,015
18 Bucuresti, Sector 1
47,262,566
19
4,614,262
51
Chiajna, ILFOV
96,617,784
1,726,298
38
Cernica, ILFOV
40,197,772
23
1,247,868
42 Pantelimon, ILFOV
78,559,035
10
10,711,665
31 Bucuresti, Sector 1
51,264,303
17
1,678,671
19 Bucuresti, Sector 3
30,400,833
29
1,040,788
43
Pitesti, ARGES
64,585,817
13
537,879
Galati, GALATI
43,443,470
21
6,598,241
8
9
10
11
12
13
81 Bucuresti, Sector 1
67 Bucuresti, Sector 1
- Bucuresti, Sector 5
23
132
Otopeni, ILFOV
Bucuresti,
BUCURESTI
7 Bucuresti, Sector 5
58
MCR
MCR
TURNOVER
MCR SCORING ANNUAL(TURNOVER
2011 RON) RANKING
PROFIT/LOSS
(2011 RON)
NO OF
EMPLOYEES
CONTACT
1
2
3
4
3.875
3.213
2.875
2.863
1,133,672,090
63,538,680
378
Arad, ARAD
814,087,797
35,083,922
1,829
Sarbi, MARAMURES
495,195,622
15,075,281
535
Bucuresti, Sector 5
510,879,742
14,249,600
2,999
Arad, ARAD
2.825
231,786,310
13
13,346,129
832
Satu Mare,
SATU MARE
6
7
8
ENERGOBIT SRL
MARQUARDT SCHALTSYSTEME SCS
AEM SA
CUMMINS GENERATOR TECHNOLOGIES
ROMANIA SA
ICME ECAB SA
FLEXTRONICS ROMANIA SRL
2.788
2.763
2.763
386,956,309
42,078,764
184
Cluj-Napoca, CLUJ
518,218,340
32,441,032
1,048
Sibiu, SIBIU
258,532,296
12
22,915,111
1,370
Timisoara, TIMIS
2.725
265,401,137
11
3,012,892
707
Craiova, DOLJ
2.625
2.613
652,464,236
13,084,487
563
Bucuresti, Sector 3
207,076,079
14
7,117,714
2,090
Timisoara, TIMIS
6,579,817
531
Curtea de Arges,
ARGES
9
10
11
12 STEINEL ELECTRONIC
2.525
323,142,325
10
2.463
2.375
408,958,638
-3,093,989
1019
Parta, TIMIS
466,725,014
-32,241,259
255
Slatina, OLT
15 IPROEB SA
2.275
110,591,040
25
5,090,943
419
2.238
64,696,370
36
3,775,057
244
17
18
19
20
2.188
2.188
2.175
2.175
86,663,140
30
11,079,839
155
Jibou, SALAJ
80,058,909
32
4,363,330
222
Galati, GALATI
160,441,683
17
5,611,213
483
Stefanesti, ARGES
137,213,319
20
2,411,769
494
Sibiu, SIBIU
2.175
124,188,493
22
5,415,022
474
Sibiu, SIBIU
2.138
2.125
2.125
2.113
144,591,479
19
10,680,134
248
Botosani, BOTOSANI
127,443,961
21
8,519,613
378
Botosani, BOTOSANI
115,157,289
24
1,591,295
340
Arad, ARAD
199,082,319
15
-48,063,969
1,557
Craiova, DOLJ
2.113
156,078,164
18
18,111,893
2,461
Sannicolau Mare,
TIMIS
2.088
53,714,303
39
4,677,526
96
Rasnov, BRASOV
28 ELECTROPLAST SA
2.038
104,491,311
27
1,717,020
174
Bistrita,
BISTRITA-NASAUD
2.038
2.013
1.988
61,341,804
37
1,279,210
204
Codlea, BRASOV
79,971,117
33
2,147,750
2,009
Santana, ARAD
88,405,313
29
2,201,886
92
Feldioara, BRASOV
32 RCB ELECTRO 97 SA
1.988
78,127,725
34
1,136,704
84
Bistrita,
BISTRITA-NASAUD
33
34
35
36
37
1.975
1.950
1.938
1.925
1.925
109,035,533
26
4,141,655
359
Busteni, PRAHOVA
30,976,842
41
1,480,151
29
Cluj-Napoca, CLUJ
55,316,277
38
7,498,224
196
Buzau, BUZAU
193,368,216
16
2,506,296
639
Lugoj, TIMIS
80,530,055
31
1,279,925
314
Lipova, ARAD
1.925
75,119,652
35
2,116,069
360
Tautii Magherus,
MARAMURES
1.900
1.875
1.825
50,261,286
40
10,898,894
49
Buzau, BUZAU
123,667,612
23
235,825
318
Sighisoara, MURES
95,684,040
28
3,315,061
542
Sacele, BRASOV
Bistrita,
BISTRITA-NASAUD
Baia Mare,
MARAMURES
TURNOVER
MCR SCORING ANNUAL(TURNOVER
2011 RON) RANKING
PROFIT/LOSS
(2011 RON)
NO OF
EMPLOYEES
CONTACT
3.788
1,530,472,159
31,852,822
90
Voluntari, ILFOV
3.313
882,765,222
29,575,030
1,435
Piatra Neamt,
NEAMT
3.063
543,675,580
26,220,612
1,433
Bucuresti, Sector 1
DOMO RETAIL SA
2.963
701,019,798
-27,515,191
1,575
Targu Secuiesc,
COVASNA
5
6
7
8
9
10
11
12
13
14
15
2.575
2.500
2.388
2.388
2.388
2.288
2.088
1.950
1.938
1.900
1.900
355,269,374
-4,686,479
400
Bucuresti, Sector 6
249,941,334
9,978,978
13
Bucuresti, Sector 2
387,977,842
1,014,569
73
Bucureti, Sector 1
240,308,308
-9,643,483
85
Bucuresti, Sector 2
180,153,041
10
5,852,663
168
Bucuresti, Sector 2
206,918,547
1,801,571
129
Cluj-Napoca, CLUJ
89,698,557
16
7,467,266
121
Bragadiru, ILFOV
43,204,053
25
909,937
23
Bucuresti , Sector 1
162,461,444
11
3,704,998
96
Radauti, SUCEAVA
62,403,904
19
7,321,090
33
Bucuresti, Sector 1
61,847,437
20
3,219,573
25
Bucuresti, Sector 1
1.900
31,118,213
29
1,084,327
13
Baia Mare,
MARAMURES
1.900
1.850
1.850
1.838
1.800
30,402,756
30
2,627,496
31
Bucuresti, Sector 4
40,193,244
27
1,711,765
20
Carcea, DOLJ
31,252,566
28
10,529,015
28
Bucuresti, Sector 6
51,895,356
23
6,564,092
61
Cluj-Napoca, CLUJ
161,041,071
12
398,447
21
Bucuresti, Sector 1
22 BANESTO SRL
1.800
53,100,277
22
135,381
21
Piatra Neamt,
NEAMT
1.650
1.650
1.600
80,481,990
17
121,517
Bucuresti, Sector 1
50,242,059
24
4,367,431
27
Bucuresti, Sector 2
42,958,516
26
-2,958,951
Bucuresti, Sector 1
65
Viisoara, BISTRITANASAUD
26 GOMAR LUX SA
1.538
92,195,932
27
28
29
30
31
32
1.488
1.488
1.488
1.475
1.438
1.250
117,037,090
13
-120,788
109
Bucuresti, Sector 1
57,713,351
21
-1,446,108
147
Bucuresti, Sector 1
15
26,626,479
31
71,963
180
Bucuresti, Sector 1
93,980,460
14
-12,522,158
342
Bucuresti, Sector 1
70,729,067
18
150,270
155
Voluntari, ILFOV
22,225,839
32
-584,352
Timisoara, TIMIS
TURNOVER
MCR SCORING ANNUAL(TURNOVER
2011 RON) RANKING
PROFIT/LOSS
(2011 RON)
NO OF
EMPLOYEES
CONTACT
2,532
Gaesti, DAMBOVITA
323,996
1
2
ARCTIC S.A.
SOGECO ROMANIA S.R.L.
3.613
2.575
1,073,231,988
42,149,099
283,666,391
8,372,275
ELECTROARGES S.A.
2.525
125,615,939
7,310,566
558
Curtea de Arges,
ARGES
4
5
6
7
8
2.363
2.188
1.838
1.488
1.488
453,284,799
-3,500,017
1,002
Bucuresti, Sector 1
20,872,173
1,007,027
143
Iasi, IASI
23,438,072
27,043
185
Oradea, BIHOR
30,936,320
2,676,915
156
Pecica, ARAD
29,262,854
-1,286,034
71
Arad, ARAD
3.5
IT & C
t TELECOMMUNICATIONS
t COMMUNICATION EQUIPMENT
t COMPUTER PROGRAMMING, CONSULTANCY AND
RELATED ACTIVITIES
t MANUFACTURE AND SALE OF COMPUTERS AND
PERIPHERAL EQUIPMENT
MCR
IT & C
29,724
29,760
27,782
27,461
27,515
27,582
27,666
27,767
25,000
20,000
15,000
10,000
5,000
4,580
6,021
7,609
8,302
8,981
9,421
10,404
9,895
0
2009
2010
2011
2012E
Source: ANCOM
2013F
2014F
2015F
2016F
In pursuit of a robust
IT market
Carmen Dobre, Senior Manager, Assurance and Advisory Services, Ernst & Young
MCR
Opinion
JEAN-FRANOIS FALLACHER,
CEO Orange Romania
Growth
comes from
innovation
evolution. Further on, 4G technology will
offer enhanced user experience to
enthusiast mobile data customers. Of
course mobile voice continues to be the
core of our business and we see strong
performance in this area as well.
MAKE WAY FOR 4G
We are confident that an important share
of our customers will embrace the
benefits of the new generation
technologies and, on the medium term,
as the device portfolio will evolve, 4G
service will penetrate the market at an
even faster pace than previous generation
technologies. Given our customers
appetite for mobile broadband services,
we estimate that a significant share of our
customer base will be using 4G services in
next 3 to 4 years.
Romanian operators are in the first line
of embracing new technologies and
introducing new services to their
customers. Innovation is highly valued
on this market. Our challenge is to make
the right decisions and become a friendly
digital coach to our customers,
introducing not technology, but
promoting the benefits that innovation
brings to people.
ADDRESSING A VERY COMPETITIVE
MARKET
The residential market is a very
competitive one, it is characterized by
very good offers both in prepay and
contracts. If the drivers in prepay market
are the flexible affordable offers, the
drivers in contracts market are the
handsets together with good deals for
WITH THE 4G
TECHNOLOGY, NEW
OPPORTUNITIES WILL
OPEN AS WE WILL BE
ABLE TO DELIGHT OUR
CUSTOMERS WITH A
WIDER RANGE OF
APPLICATIONS AND
ENHANCED CONTENT
SERVICES.
TELECOMMUNICATIONS
RANK COMPANY NAME
1
2
3
4
5
6
7
8
9
10
11
12
ORANGE ROMANIA SA
VODAFONE ROMANIA SA
RCS & RDS SA
COSMOTE ROMANIAN MOBILE TELECOMMUNICATIONS SA
SOCIETATEA NATIONALA DE RADIOCOMUNICATII
SA
DIAL TELECOM SRL
UPC ROMANIA SRL
D & D COMPANY SRL
MEDIA SAT SA
COMBRIDGE SRL
NET TEAM SRL
NOBEL ROMANIA SRL
TURNOVER
MCR SCORING ANNUAL(TURNOVER
2011 RON) RANKING
PROFIT/LOSS
NO OF
(2011 RON) EMPLOYEES
CONTACT
3.763
3.763
3.550
3,981,959,733
805,637,899
3,399,602,653
425,484,737
2,028,873,472
(12,542,312)
3.363
1,944,725,623
(30,803,300)
2.363
331,603,407
(44,152,492)
39,598,241
17
1,833,925
38 Bucuresti, Sector 2
438,288,517
(311,569,415)
2.300
2.263
2.000
1.938
1.900
1.900
1.888
31,007,479
22
370,931
3 Bucuresti, Sector 3
31,177,488
21
844,132
83 Bucuresti, Sector 2
60,636,372
12
6,033,656
30 Bucuresti, Sector 1
20,689,110
28
1,735,991
27 Bucuresti, Sector 1
23,871,406
25
909,450
1.888
17,308,331
29
2,250,823
106
1.838
52,365,849
15
5,022,587
15
16
17
18
1.825
1.800
1.788
1.750
105,074,226
2,344,996
5,983,718
34
1,029,157
1 Bucuresti, Sector 1
56,283,665
13
4,479,901
63,061,705
10
2,409,786
19 Bucuresti, Sector 6
1.700
24,755,715
23
145,179
- Bucuresti, Sector 4
1.650
1.650
1.600
1.563
1.550
1.500
1.500
1.488
1.488
1.488
1.438
1.400
1.375
1.300
1.300
1.288
1.288
1.200
35,735,725
18
2,926,980
37 Bucuresti, Sector 1
21,444,987
26
2,375,297
48 Bucuresti, Sector 1
62,631,883
11
(6,026,161)
41 Bucuresti, Sector 2
53,337,350
14
(34,677,406)
Constanta,
CONSTANTA
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
6,031,927
33
943,808
24,338,778
24
1,433,192
22 Bucuresti, Sector 1
11,873,893
30
271,449
34,811,585
19
(5,060,780)
83 Bucuresti, Sector 3
33,511,715
20
572,581
10,630,141
31
153,105
86 Bucuresti, Sector 5
87,013,852
(6,234,835)
21,012,974
27
(1,018,078)
7,533,312
32
(166,563)
4,165,456
35
15,059
14
Brasov, BRASOV
2 Bucuresti, Sector 1
41 Bucuresti, Sector 1
291
Galati, GALATI
15 Bucuresti, Sector 1
145,271
37
(12,954)
69,346,671
(103,302,159)
80 Bucuresti, Sector 6
48,517,611
16
(22,742,198)
58 Bucuresti, Sector 4
743,414
36
(144,926)
Cluj-Napoca, CLUJ
MCR
IT & C
COMMUNICATION EQUIPMENT
RANK COMPANY NAME
TURNOVER
MCR SCORING ANNUAL(TURNOVER
2011 RON) RANKING
PROFIT/LOSS
(2011 RON)
NO OF
EMPLOYEES
CONTACT
2
3
4
5
6
3.963
2.775
2.763
2.725
2.463
4,103,613,593
-8,770,342
1,866
Cluj-Napoca, CLUJ
288,759,340
20,997,753
860
Timisoara, TIMIS
328,377,251
27,522,541
1,486
Timisoara, TIMIS
221,672,458
1,440,302
390,223,671
-47,732,168
LESSOR SRL
2.200
39,362,828
17
492,896
20
Piatra-Neamt,
NEAMT
1.988
1.988
1.975
1.938
1.900
1.900
1.875
1.875
1.850
1.775
1.738
1.738
34,332,554
21
621,826
161
Craiova, CRAIOVA
23,796,946
29
823,616
92
Braila, BRAILA
34,790,015
20
3,747,176
44,129,048
15
3,051,228
54 Bucuresti, Sector 3
42,182,400
16
2,055,244
30 Bucuresti, Sector 1
37,000,562
19
3,540,867
0 Bucuresti, Sector 1
58,643,236
12
1,279,656
50,465,270
14
19,418
57,300,871
13
571,490
128,503,620
465,865
22,594,615
30
12,437
20,861,082
33
1,528,850
65 Bucuresti, Sector 1
1.688
62,514,001
11
3,921,486
88 Bucuresti, Sector 1
1.688
22,152,269
32
1,178,390
73 Bucuresti, Sector 2
1.638
34,018,945
22
358,186
70
Bocsa,
CARAS-SEVERIN
23
24
25
26
27
1.638
1.625
1.575
1.550
1.550
25,838,978
27
261,140
136
Carcea, DOLJ
98,785,167
153,090
421
Arad, ARAD
66,858,341
10
-6,059,941
8
9
10
11
12
13
14
15
16
17
18
19
424
Timisoara, TIMIS
15 Bucuresti, Sector 2
27,793,955
26
41,553
28
22,157,006
31
82,855
49 Bucuresti, Sector 6
1.500
30,818,264
25
198,526
1.500
1.488
1.450
1.350
1.300
1.288
24,739,429
28
1,851,759
47 Bucuresti, Sector 1
31,232,144
24
-2,950,944
76 Bucuresti, Sector 1
72,833,869
5,613,065
37 Bucuresti, Sector 5
33,051,464
23
422,475
82,730,592
-1,316,250
15 Bucuresti, Sector 1
39,301,000
18
-5,177,600
17
11
Iasi, IASI
Bucuresti,
BUCURESTI
Otopeni, ILFOV
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
TURNOVER
MCR SCORING ANNUAL(TURNOVER
2011 RON) RANKING
PROFIT/LOSS
(2011 RON)
NO OF
EMPLOYEES
CONTACT
2.963
2.875
2.825
2.588
2.288
2.275
2.225
2.188
2.175
2.175
2.088
2.088
2.088
2.038
2.025
2.025
2.000
2.000
1.975
1.975
1.975
1.975
427,871,180
25,598,720
204,985,381
14,971,311
311,815,348
55,891,208
268,795,207
8,960,904
183,454,683
11,459,212
38,609,068
36
315,447
314
Cluj-Napoca, CLUJ
50,922,905
29
11,058,848
265
Cluj-Napoca, CLUJ
134,792,343
10
12,669,362
148,630,435
10,084,136
135,614,898
4,583,174
58,521,015
25
567,578
55,816,806
26
6,383,473
43,858,334
30
1,928,994
69,248,903
17
6,148,482
95 Bucuresti, Sector 2
53,643,070
27
1,389,801
69
Cluj-Napoca, CLUJ
40,180,630
34
2,228,202
283,473,881
350,055
1 Bucuresti, Sector 3
79,284,182
15
5,471,539
11 Bucuresti, Sector 3
66,221,297
19
14,856,742
65,963,292
21
2,909,047
392
63,675,725
23
1,642,384
43,687,869
31
432,757
1.925
43,527,452
32
8,463,166
1.850
1.838
1.838
1.788
1.775
1.738
1.700
1.688
1.688
1.625
1.588
39,051,239
35
36,045
38 Bucuresti, Sector 2
66,803,240
18
7,509,193
91 Bucuresti, Sector 1
66,138,521
20
2,440,088
36,918,956
38
5,690,917
85,915,604
14
3,390,434
181,107,458
163,762
35 ROMSOFT SRL
36 TOTAL SOFT SA
37 BRODOS ROMANIA SRL
38 PROVISION SOFTWARE DIVISION SRL
23
24
25
26
27
28
29
30
31
32
33
34
81
Voluntari, ILFOV
Iasi, IASI
62,422,144
24
129,384
21 Bucuresti, Sector 5
119,893,975
11
955,675
37,293,061
37
3,302,863
78,571,721
16
20,998,421
140
110,275,389
12
4,556,414
99 Ploiesti, PRAHOVA
1.550
65,344,490
22
136,800
43
Ramnicu Valcea,
VALCEA
1.525
1.450
1.450
91,782,302
13
215
388
Voluntari, ILFOV
53,257,477
28
1,116,927
42,541,300
33
66,945
Cluj-Napoca, CLUJ
6 Bucuresti, Sector 1
47
Voluntari, ILFOV
MCR
IT & C
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
TURNOVER
MCR SCORING ANNUAL(TURNOVER
2011 RON) RANKING
PROFIT/LOSS
(2011 RON)
NO OF
EMPLOYEES
CONTACT
1163
Bors, BIHOR
3.813
2.838
2.625
2.625
2.588
2.475
2.388
2.238
2.238
2.188
2.175
2.138
2,357,993,685
12,519,199
853,231,813
2,942,581
621,423,342
5,104,301
338
294,515,580
37,722,915
Voluntari, ILFOV
342,704,922
2,356,299
218,503,106
1,905,010
584
326,259,145
3,581,992
49,052,492
33
21,636,786
48,790,972
34
2,253,375
79,959,463
22
4,084,704
203
87,063,922
21
5,471,908
234,353,121
890,876
100
2.138
79,471,027
23
643,082
2.088
2.088
2.050
2.038
2.000
2.000
2.000
2.000
1.988
1.988
1.950
1.900
1.850
1.850
1.788
1.750
1.738
1.688
1.600
1.588
1.538
1.400
1.300
63,832,912
27
1,885,448
96 Bucuresti, Sector 5
57,119,914
31
3,314,407
76
44,984,019
35
1,106,229
46 Bucuresti, Sector 6
142 Bucuresti, Sector 1
81
Ghimbav, BRASOV
Otopeni, ILFOV
52 Bucuresti, Sector 1
Timisoara, TIMIS
Otopeni, ILFOV
Timisoara, TIMIS
59,270,931
30
7,195,580
159,466,270
10
6,117,580
39
111,742,052
13
9,137,361
18 Bucuresti, Sector 1
47 Bucuresti, Sector 6
Cluj-Napoca, CLUJ
101,739,302
17
548,857
89,759,296
20
1,017,040
33
128,961,876
11
5,053,677
66 Bucuresti, Sector 2
109,405,352
14
13,812,866
77 Bucuresti, Sector 1
103,960,730
16
387,099
42 Bucuresti, Sector 3
69,809,424
25
1,525,472
96,993,234
19
287,222
30,903,758
36
6,586,119
13 Bucuresti, Sector 5
103,983,289
15
-6,857,470
98,144,075
18
142,076
33 Bucuresti, Sector 1
60,156,096
28
4,227,745
116,742,538
12
3,588,319
77 Bucuresti, Sector 1
59,716,248
29
372,200
34 Bucuresti, Sector 6
Cluj-Napoca, CLUJ
3 Bucuresti, Sector 1
32
Oradea, BIHOR
167,253,178
1,512,980
77 Bucuresti, Sector 6
71,462,388
24
-8,189,248
49,529,779
32
-126,949
67,248,842
26
-2,910,350
Timisoara, TIMIS
36 Bucuresti, Sector 1
2.8
Industrial Engineering
MCR
INDUSTRIAL ENGINEERING
Projects rush
Magda Purice, Journalist
A GOLDEN SAFARI
One of the companies operating on the volatile market of
industrial engineering and that marked an exotic deal at the
end of last year is Prospectiuni, owned by businessman Ovidiu
Tender.
If the company recorded a drop of sales of 27 percent in 2010,
the recovery came soon in 2011, and Prospectiuni exceeded 315
million RON at the end of the last year. The company climbed
the top of industrial engineering up to the fourth ranking in
2012. Tenders company felt the gold-rush at the end of 2011
and announced it received the exploiting and exploration
permits for gold, heavy and rare metals in Senegal to prospect
seven areas with mineral resources and also expended
through other contracts in countries as Guinea Bisau and
Capo Verde.
THE STEEL BAROMETER
The worldwide price of steel is said to be the best barometer
in order to indicate the real state of the global economy. As
players in the industry state, the price of steel reached a very
low level, it touched a new low record, since the debut of
crisis. This only stresses again that the overall consumption
rates position at a still low level.
For instance, a balanced price for steel would mean a level of
700 to 800 USD per tonne. For a blunt comparison, few years
ago, before it all started in 2008, the steel price reached a level
1,000 USD per tonne.
Now, a tonne of steel is valued at less than 400 USD, at 344
USD. According to the manager, the next year is not expected
to bring many surprises in this respect. Still, the company
signed several significant deals in the last year, marking
recently an important transaction worth EUR 2 million by
INDUSTRIAL ENGINEERING
RANK COMPANY NAME
TURNOVER
MCR SCORING ANNUAL(TURNOVER
2011 RON) RANKING
PROFIT/LOSS
(2011 RON)
NO OF
EMPLOYEES
CONTACT
1,988
Voluntari, ILFOV
2.813
534,872,284
18,550,524
2.688
694,710,373
11,638,925
98 Bucuresti, Sector 1
2.663
2.563
2.538
2.513
2.275
2.138
2.138
2.088
284,624,365
5,230,113
261,414,217
11,012,418
351,350,620
46,541,408
96 Bucuresti, Sector 2
691,443,065
1,869,784
2
3
4
5
6
7
8
9
10
125,010,954
12,693,704
57,166,844
17
20,891,805
47,595,850
20
5,667,039
39,372,875
25
3,391,197
72 Bucuresti, Sector 6
2.025
69,832,192
16
1,563,937
288
2.025
44,151,201
22
5,233,763
1.975
72,519,913
15
1,510,670
1.975
1.875
35,146,503
28
1,073,731
157,727,641
1,287,615
16 PROIMSAT *
1.875
81,944,471
12
171,762
1.838
1.838
39,344,892
26
320,146
99 Bucuresti, Sector 5
35,411,495
27
626,887
75 Bucuresti, Sector 2
1.800
74,192,155
14
1,208,962
7 Bucuresti, Sector 1
1.775
75,802,752
13
-132,985
1.725
53,142,944
19
6,276,404
1.688
93,351,740
10
5,005,593
1.675
31,240,849
29
-270,248
1.650
1.650
1.588
1.575
103,755,839
5,863,344
0 Bucuresti, Sector 6
41,327,119
24
6,476,131
33 Ploiesti, PRAHOVA
13
14
15
423
Brazii de Sus,
PRAHOVA
Ramnicu Valcea,
VALCEA
43,226,140
23
409,265
83,670,615
11
-758,474
268
1.400
55,261,678
18
-9,093,519
Bucuresti,
BUCURESTI
1.338
45,235,588
21
-2,865,117
2.8%
Constructions
t CONSTRUCTION OF RESIDENTIAL & INDUSTRIAL BUILDINGS
t BUILDING MATERIALS
t CONSTRUCTION OF ROADS, RAILWAYS, BRIDGES AND TUNNELS
t CONSTRUCTION OF UTILITY PROJECTS FOR FLUIDS AND RELATED SERVICES
t HYDRO-TECHNICAL CONSTRUCTIONS
t MANUFACTURE OF EQUIPMENT FOR CONSTRUCTION INDUSTRY
t CONSTRUCTION OF ELECTRIC SITES
t ELECTRICAL, PLUMBING AND OTHER CONSTRUCTION INSTALLATION ACTIVITIES
MCR
CONSTRUCTIONS
Building industrys
performance returns on upward path, after
two years of double-digit decline
Diana Macovei, Freelance Analyst
2008
2009
2010
2011
2012f
2013f
2014f
-20.0%
-30.0%
-40.0%
Total
Buildings
Residential
Non-residential
Civil engineering
Jan
Q1
Q2
Q3
Q4
FY
EU27
0.8%
-2.0%
1.8%
2.2%
0.7%
Romania
-4.9%
-4.1%
8.0%
8.3%
1.8%
Bulgaria
-15.9%
-13.4%
-11.4%
-10.3%
-12.8%
Slovenia
-25.3%
-31.1%
-25.5%
-19.4%
-25.3%
Source: EUROSTAT
Feb
2007
Mar
Apr
2008
May
Jun
2009
Jul
Aug
2010
Sep
2011
Oct
Nov
Dec
2012
S
C
S THE SEGMENT
S G
G S
INFRASTRUCTURE
REMAINS
WITH THE HIGHEST
GROWTH POTENTIAL
The infrastructure segment and road construction in
particular remains the segment with the highest growth
potential, given the current poor state of the road
infrastructure. According to official statistics, nearly 42% of
2007
Spending on road infrastructure investments
% of GDP
2008
2009
2010
2012
2011
Initial
Revised*
2.4
3.8
5.7
5.2
6.4
7.6
7.0
0.6%
0.7%
1.1%
1.0%
1.1%
1.3%
1.2%
the roads were not asphalt-paved at the end of 2011 and of the
roads paved, approximately half are outdated.
However, road infrastructure output was rather disappointing
last year. The public roads company CNADNR announced the
addition of only 55.4km of highways in 2011, namely 32.2km of
Arad-Timisoara highway, 14.6km of the Medgidia-Constanta
highway and 8.6km of Constanta ring-road. On the upside,
works did progress and more constant and consistent
deliveries are expected in 2012-2013.
Civil engineering works indeed surged by an impressive 18.1%
y/y in H1 2012, while the overall construction works volume
rose by 6.8% y/y during the period, according to official
statistics. The infrastructure segment however relies on
public funding and the encouraging performance in H1 will
most likely be offset by the political developments and the
Manufacturing of other non-metallic mineral products - Monthly
output indices 2005=100, unadjusted series
200
150
100
50
Total
May-12
Sep-11
Jan-12
Jan-11
May-11
Sep-10
Jan-10
May-10
Sep-09
Jan-09
May-09
Sep-08
Jan-08
May-08
Sep-07
Jan-07
May-07
Sep-06
Jan-06
May-06
Sep-05
Jan-05
May-05
Construction materials
MCR
Opinion
DANIEL BACH,
How to
predict the
unpredictible
where the actual development is very
weak, and the future doesnt look any
brighter, because the level of building
permits is continously decreasing month
by month in comparison to last year.
In addition, the level of absorbtion of EU
fund is still at a low level and this should
be a focal point for the Government in
order to boost the infrastructure
segment, which can provide significant
growth to the GDP and has the potential
to attract external financing.
Its too early to make predictions for 2013,
but the next year can be more difficult
than this year, because of the crisis
situation that continues in Euro zone and
the difficult market conditions in the
construction sector, which is affected by
the diminished level of private and public
investments.
SEIZING LOCAL POTENTIAL
Despite the actual economic
development, Romania has a very
important position for Holcim Group in
the South-East European region, due to
the size of the market and our significant
presence in the market, as well as because
of our more than 700 million EUR
investments made in the last 15 years in
Romania.
We believe in the potential of the local
market and in the competitive advantages
that Romania has for attracting foreign
investments.
Our strategy on the Romanian market
involves being close to our clients and to
IN ROMANIA,
ESPECIALLY IN THE
CRISIS PERIOD, THE
RATIO OF INDIVIDUALS
THAT ARE BUILDING
THEIR OWN HOUSES
VS. DEVELOPERS HAS
INCREASED.
1
2
3
4
5
6
7
8
9
AEDIFICIA CARPATI SA
VEGA 93 SRL
STRABAG SRL
BUILD CORP SRL
BOG ART SRL
APOLODOR COM IMPEX SRL
ACI CLUJ SA
PORR CONSTRUCT SRL
CONSTRUCTII ERBASU SA
ASTALDI SPA ITALIA SUCURSALA ROMANIA
10 BUCURESTI
11 CON-A SRL
STRABAG AG AUSTRIA SUCURSALA BUCURESTI
12 ROMANIA
13 ACOMIN SA
14 NM CONSTRUCT SRL
15 ALPINE SA
16 SELINA SRL
HOCHTIEF SOLUTIONS AG ESSEN - SUCURSALA
17 BUCURESTI
18 PAB ROMANIA SRL
19 NESS PROIECT EUROPE SRL
20 TEHNODOMUS SA
BUILDING MATERIALS
RANK COMPANY NAME
1
2
3
4
5
6
TURNOVER
MCR SCORING ANNUAL(TURNOVER
2011 RON) RANKING
PROFIT/LOSS
(2011 RON)
NO OF
EMPLOYEES
CONTACT
2.875
2.763
2.625
2.625
2.475
2.425
2.425
2.375
2.375
310,916,205
24,486,956
361,214,554
28,790,208
585,828,064
6,436,998
268,733,063
4,382,430
420
325,273,623
2,931,631
208,057,401
11
1,874,569
188,662,832
12
8,940,963
233,349,059
-46,295,500
185,161,688
14
29,022,404
2.275
330,052,870
-739,268
2.275
232,894,875
7,387,054
2.200
272,871,504
-8,191,969
2.175
2.125
2.075
2.025
188,461,462
13
3,922,883
300
160,868,791
17
8,980,234
419
Timisoara, TIMIS
209,637,384
10
-36,619,194
361
Mogosoaia, ILFOV
149,637,017
18
20,938,636
551
Oradea, BIHOR
1.988
125,791,277
20
23,914,599
1.888
1.800
1.788
134,186,373
19
10,516,664
165,842,372
16
6,814,575
175,549,055
15
11,132,417
207
Arad, ARAD
TURNOVER
MCR SCORING ANNUAL(TURNOVER
2011 RON) RANKING
PROFIT/LOSS
(2011 RON)
NO OF
EMPLOYEES
CONTACT
3.225
3.125
3.025
2.813
2.625
2.488
496
494
Galati, GALATI
Iasi, IASI
Cluj-Napoca, CLUJ
Selimbar, SIBIU
0 Bucuresti, Sector 5
Cluj-Napoca, CLUJ
78 Bucuresti, Sector 5
165
Arad, ARAD
6 Ploiesti, PRAHOVA
764,608,960
180,109,955
812,746,577
142,116,730
943,855,284
74,029,255
224,843,874
4,571,667
542,369,628
30,414,936
232,545,816
4,625,422
DAMILA SRL
2.438
DURAZIV SRL
2.088
76,083,558
19
1,160,554
10
-21,431,595
261,972,839
1,296,950
Medias, SIBIU
Craiova, DOLJ
Ramnicu-Valcea,
VALCEA
Popesti Leordeni,
ILFOV
2.025
135,903,340
1.950
80,021,012
18
2,940,880
45
11 FIVE-HOLDING SA
1.938
75,144,050
20
1,148,070
182
1.888
119,382,431
12
-1,996,115
1.838
153,344,954
756,441
14
15
16
17
18
19
20
1.788
1.788
1.738
1.738
1.688
1.650
1.638
142,478,126
6,435,768
155
Oradea, BIHOR
121,295,115
11
2,422,320
234
Margineni, BACAU
109,448,331
13
9,742,677
102,338,901
14
422,969
95,884,958
15
-3,092,601
ADEPLAST SA
RUSTRANS SRL
METALE INTERNATIONAL SRL
INTERTRANSCOM IMPEX SRL
LAFARGE ARCOM GIPS SA
ECO VEGA CONSTRUCT SRL
GENERAL BETON ROMANIA SRL
93,518,132
17
455,791
95,633,548
16
558,236
88
Popesti-Leordeni,
ILFOV
Buhusi, BACAU
Timisoara, TIMIS
MCR
CONSTRUCTIONS
PROFIT/LOSS
NO OF
(2011 RON) EMPLOYEES
CONTACT
1
2
3
4
5
2.950
2.913
2.863
2.763
2.675
791,456,834
161,456,607
33
572,444,536
124,714,073
1,293
Bacau, BACAU
372,590,194
4,240,589
1,029
Bucuresti, Sector 5
407,736,320
49,802,964
1,214
Bucuresti, Sector 3
354,497,745
37,930,724
780
Bucuresti, Sector 6
ROMSTRADE SRL
2.663
539,727,094
10,881,044
1,623
Adunatii Copaceni,
GIURGIU
2.625
2.575
2.563
2.563
2.388
2.125
2.100
258,246,094
11
25,877,958
431
Oituz, BACAU
525,731,236
11,074,420
956
Timisoara, TIMIS
584,307,327
23,489,181
2,546
Bucuresti, Sector 6
280,969,243
10
6,377,622
1,119
Brasov, BRASOV
207,780,105
12
5,928,033
70
Bucuresti, Sector 5
193,301,624
13
10,032,706
299,672,016
(29,364,539)
Bucuresti, Sector 2
2.075
105,082,473
24
1,477,547
548
Bucuresti, Sector 2
1.988
1.988
1.938
1.888
1.888
157,769,876
16
13,108,790
216
Galati, GALATI
129,537,856
20
19,071,128
225
Nadrag, TIMIS
139,925,805
19
1,228,653
192
Bucuresti, Sector 2
173,530,540
14
36,549,939
181
Bucuresti, Sector 1
148,165,257
18
11,441,844
192
Banesti, PRAHOVA
1.875
161,892,895
15
(39,178,338)
273
Bucuresti, Sector 3
1.838
39,228,422
27
1,562,349
185
Suceava, SUCEAVA
1.825
152,753,686
17
2,098,383
312
Constanta, CONSTANTA
1.825
129,455,525
21
7,308,075
305
Cluj-Napoca, CLUJ
1.800
104,888,838
25
257,433,177
Valisoara, CLUJ
1.675
1.638
105,760,403
23
100,190
442
Iasi, IASI
100,467,169
26
558,183
128
Timisoara, TIMIS
1.588
114,488,846
22
27,686,490
52
Voluntari, ILFOV
PROFIT/LOSS
NO OF
(2011 RON) EMPLOYEES
CONTACT
7
8
9
10
11
12
13
1
2
3
4
5
6
7
8
9
10
11
12
13
14
Bacau, BACAU
2.550
615,540,933
-108,331,565
5,836
BucureSti, Sector 1
2.363
2.225
2.225
2.088
2.038
1.975
1.975
1.900
1.838
1.688
1.538
1.500
1.438
218,674,815
15,920,377
1,503
Bucuresti, Sector 4
157,037,488
5,772,649
133,145,637
20,861,680
267
24,532,871
10
208,333
186
Sibiu, SIBIU
107,472,723
11,442,865
163
Balotesti, ILFOV
62,112,962
1,716,084
331
49,890,717
3,398,589
252
Resita, CARAS-SEVERIN
24,568,209
7,526,285
41
Bucuresti, BUCURESTI
28,742,461
563,244
195
Bucuresti, Sector 4
13,587,093
12
7,171,719
97
Dorobantu, CALARASI
10,822,994
13
7,055,405
147
Schitu, GIURGIU
21,814,034
11
-178,434
Bucuresti, BUCURESTI
10,599,571
14
99,429
88
Bucuresti, Sector 4
MCR
CONSTRUCTIONS
PROFIT/LOSS
(2011 RON)
NO OF
EMPLOYEES
CONTACT
3.313
315,293,527
30,981,821
1,604
Bucuresti, Sector 1
PROSPECTIUNI SA
SCHLUMBERGER LOGELCO INC PANAMA
CIUDAD DE PANAMA SUCURSALA BUCURESTI
2.388
310,672,870
18,448,822
198
Bucuresti, Sector 1
CIS GAZ SA
2.250
51,585,372
18
2,014,366
41
Santana de Mures,
MURES
84,657,979
10
15,815,814
145
Pitesti, ARGES
127,285,218
15,862,747
302
Ploiesti, PRAHOVA
95,488,935
15,813,330
351
Ploiesti, PRAHOVA
73,074,443
12
18,866,419
90
100,127,153
2,269,156
94
Bucuresti, Sector 1
82,046,651
11
2,223,171
252
Bucuresti, Sector 2
54,955,627
15
1,869,346
124
Iasi, IASI
1.838
54,057,459
16
352,939
100
Bucuresti, Sector 3
1.825
1.825
1.688
1.688
1.588
1.575
1.575
1.475
1.475
113,716,459
850,645
925
Brasov, BRASOV
35,522,481
20
6,056,806
267
Ploiesti, PRAHOVA
4
5
6
7
8
9
10
COMESAD RO SA
CDI OILFIELD SERVICES SRL
ROMPETROL WELL SERVICES SA
ANVERGO SRL
M I PETROGAS SERVICES ROMANIA SRL
ACVATOT SRL
GEPROCON SA
HOLDING-AKTOR-ATHENA SA-GRECIA11 SUCURSALA BUCURESTI
12 CONDMAG SA
13 PETROSTAR SA
14 GRUP 4 INSTALATII SA
15 IRIDEX GROUP CONSTRUCTII SRL
16 APROV SA
17 INSPET SA
18 IREM SERVICII SRL
19 ATLAS-GIP SA
20 PETROCONST SA
2.188
2.025
2.025
1.938
1.888
1.875
1.838
103,969,650
381,440
242
Cluj-Napoca, CLUJ
70,143,058
13
2,079,212
158
Voluntari, ILFOV
38,875,833
19
424,206
75
Medias, SIBIU
182,405,099
14,092,109
867
Ploiesti, PRAHOVA
52,558,450
17
568,754
746
Bucuresti, Sector 3
90,210,777
-2,887,820
343
Ploiesti, PRAHOVA
61,487,985
14
2,002,135
516
Constanta, CONSTANTA
PROFIT/LOSS
(2011 RON)
NO OF
EMPLOYEES
CONTACT
HYDRO-TECHNICAL CONSTRUCTIONS
RANK COMPANY NAME
1
2
3
4
HIDROCONSTRUCTIA SA
SOCOT SA
CONSTRUCTII HIDROTEHNICE SA
DRAGOS CONSTRUCT GRUP SRL
3.750
2.375
2.175
2.088
1,002,178,651
50,428,795
6,528
Bucuresti, Sector 1
138,509,790
6,085,184
837
99,247,937
8,721,317
428
Iasi, IASI
20,696,244
10
2,594,099
51
Bascov, ARGES
1.888
21,597,946
3,974,958
187
Negresti-Oas, SATU
MARE
6
7
8
9
10
11
12
13
1.888
1.875
1.838
1.838
1.838
1.788
1.775
1.750
16,789,481
14
763,401
51
Onesti, BACAU
77,513,770
468,528
633
Cernavoda, CONSTANTA
127,860,296
1,480,719
56
Oradea, BIHOR
34,075,243
552,542
66
Oradea, BIHOR
23,673,692
591,751
66
Oradea, BIHOR
14,466,421
16
140,155
126
Campineanca, VRANCEA
67,320,246
2,508,312
570
Maneciu, PRAHOVA
9,475,072
20
117,839
44
14 HIDROTERRA SA
1.738
12,063,924
17
296,922
67
Slobozia Sucevei ,
SUCEAVA
1.688
17,081,962
12
111,489
52
16 MIF SA
1.688
14,763,098
15
19,733
138
17 HIDROTRAN SRL
1.600
20,186,159
11
178,471
47
1.600
11,077,067
18
2,262,488
11
1.600
1.588
9,539,204
19
-48,097
Bucuresti, Sector 3
16,974,888
13
158,246
60
Bucuresti, Sector 6
Sangeorgiu de Mures,
MURES
Miercurea Ciuc,
HARGHITA
Gogosu, MEHEDINTI
1
2
3
4
5
6
7
8
9
TURNOVER
MCR SCORING ANNUAL(TURNOVER
2011 RON) RANKING
PROFIT/LOSS
(2011 RON)
NO OF
EMPLOYEES
CONTACT
76
Buftea, ILFOV
2.488
2.475
2.463
245,000,654
4,673,615
515,800,661
14,788,911
466,558,469
2,393,572
2.275
185,422,258
5,787,945
902
2.188
2.088
2.075
1.975
1.938
50,412,930
16
1,974,875
58,566,755
14
2,733,720
157,390,222
20,729,273
392
183,529,321
15,286,055
79,747,720
6,324,856
118
Odorheiu Secuiesc,
243
HARGHITA
Craiova, DOLJ
87 Bucuresti, Sector 2
Iasi, IASI
Craiova, DOLJ
10 MELINDA-IMPEX INSTAL SA
1.888
156,744,723
2,145,561
11
12
13
14
15
1.888
1.888
1.838
1.838
1.838
70,550,075
10
6,789,430
53
Tulcea, TULCEA
15,366,639
19
1,203,294
112
54,391,798
15
2,649,882
132
Craiova, DOLJ
48,436,099
18
519,048
52
13,255,916
20
541,505
66
Brasov, BRASOV
1.825
70,964,380
168,222
417
Cluj-Napoca, CLUJ
1.800
1.788
1.750
68,818,766
11
1,529,692
31
Sag, TIMIS
62,885,105
12
2,897,547
157
Ghiroda, TIMIS
59,571,114
13
1,232,939
45 Bucuresti, Sector 1
1.750
48,742,619
17
2,225,420
23
16
17
18
19
20 COM GAZ SA
TURNOVER
MCR SCORING ANNUAL(TURNOVER
2011 RON) RANKING
Ploiesti,
PRAHOVA
PROFIT/LOSS
(2011 RON)
NO OF
EMPLOYEES
CONTACT
MAKITA EU SRL
2.575
420,037,140
32,428,804
601
Branesti, ILFOV
COMELF SA
2.213
142,154,245
923,006
1,020
Bistrita,
BISTRITA-NASAUD
3
4
5
6
7
8
2.188
1.988
1.988
1.888
1.838
1.825
161,595,496
7,545,209
119
Mogosoaia, ILFOV
121,102,098
10,640,615
78
Otopeni, ILFOV
11,505,607
19
4,044,948
115
Galati, GALATI
103,141,440
33,064
71
Tunari, ILFOV
16,432,022
14
341,435
30,281,922
12
-5,352,323
EL-CAR SRL
1.800
12,684,817
16
448,480
26
1.800
7,978,432
20
139,453
33
11
12
13
14
15
16
17
18
19
20
1.750
1.738
1.738
1.725
1.700
1.688
1.688
1.675
1.675
1.600
14,492,559
15
1,736,882
111,611,452
8,859,356
75,912,632
1,180,960
243
16,474,219
13
909,332
24
Bistrita,
BISTRITA-NASAUD
Bucuresti,
Sector 6
Timisoara, TIMIS
Brasov, BRASOV
41,431,481
10
3,717,341
109,737,893
3,462,361
47
11,660,879
18
98,921
144
Lugoj, TIMIS
50,770,673
99,125
760
Braila, BRAILA
31,836,143
11
-1,087,639
264
Timisoara, TIMIS
12,371,727
17
728,577
27
Timisoara, TIMIS
8%
yield for office buildings
Real Estate
t REAL ESTATE EVALUATION COMPANIES
t REAL ESTATE AGENCIES
t REAL ESTATE PROJECT DEVELOPERS
t PROPERTY & FACILITY MANAGEMENT
t REAL ESTATE ASSET MANAGERS
MCR
REAL ESTATE
There are some good news and some bad news regarding the
Real Estate industry in Romania over the last couple of years.
The bad news is that the long awaited recovery has not arrived
yet, or at least is not visible to most people. The good news is
that there are some positive signs that market contraction is
reaching the end and opportunities that will lead to recovery
under specific conditions are here.
WHERE ARE WE STANDING?
Four years after the global credit crisis, the Romanian market in
general struggles to stabilize before starting to grow dynamically
in all sectors again.
While Romania still remains an attractive market in terms of
real estate transactions, the severe restrictions put in bank
financing, as well as the Euro crisis have raised the investment
risk and quelled investment appetite.
The continuous crisis in the Eurozone, which accounts for the
vast majority of investments in the Romanian economy, is
clearly an obstacle in attracting further investments from
countries in this region (but not only). FDI is down by 30% in the
current year. Unless the environment regarding the survival of
the Euro does not become clear, this instability will continue to
affect the Romanian economy and consequently the Real Estate
market.
Banking finance is still deteriorating and the costs and terms
imposed are not affordable for many players. Finance is very
limited, very expensive and directed to very few heavily
scrutinized investors. Furthermore, the political environment in
Romania is another factor which could withhold the prospects
of the country.
which were delayed by the financial crisis. The firm has opened
10 retail centres in the Czech Republic, Slovakia, Hungary and
Romania in the past three years. Financing remains difficult, but
good projects in good locations are feasible, based on company
executives. In the fourth quarter of 2012, Real4You will start
building its 70,000 sqm Mega Mall centre in Bucharest,
scheduled to open in 3Q14. Real4You also plans to develop
smaller malls in other Romanian cities, anchored by a
hypermarket or supermarket.
The market research company, PMR Publications, expects
Romania to become the second largest shopping mall market in
Central and Eastern Europe - behind Poland but ahead of
Hungary and the Czech Republic. It is said that some 6sqm of
new Gross Leasable Area is planned for completion by end 2013,
and existing investment plans could absorb over EUR 12 billion
in 2013.
Romanias share of shopping malls in the big six countries of the
East European region - Poland, Czech Republic, Hungary,
Slovakia, Bulgaria and Romania - grew to 16% in 2010 from 9%
in 2007, and is predicted to reach 18% by 2013. The total market
grew by 50% to 12 million sqm between 2007 and 2010. Investors
in Romania plan to launch new mall spaces of 1.3 million sqm by
2013 and the country is soon due to overtake the Czech Republic
in terms of total shopping centre space.
Moreover, following the creation of numerous distressed assets
in the Global Real Estate business, there will be a tendency for
consolidation over the next years. This will be driven mainly by
American hedge funds, some of which have already proceeded
fund raising to this respect.
US-based private equity group, Blackstone, has raised over USD
6 billion of equity capital for a new real estate fund to acquire
mainly distressed-property assets, and is aiming for final closing
at committed capital of USD 10 billion. The funds will be
targeted globally.
Blackstones fund is only one of many other funds of similar
nature recently created. It is understood that should a fair part
of these funds be attracted to Romanian projects, a boost in the
Real Estate market will emerge.
IN CONCLUSION...
The real estate market of the SEE region is still in its beginnings,
compared with Western markets. Although the region enjoyed
few years of pre-crisis boom, it did not get the chance to grow
and stabilize before crushing down. But with the market
contraction reaching the end, opportunities start rising once
again.
With a positive resolution in the exogenous threats, the good
years are ahead, probably not generating the pro-crisis returns
but definitely standing on a much more sound and sustainable
basis.
MCR
Opinion
ADRIAN CRIVII,
FRICS, MAA,
CEO Darian DRS SA
Low appetite
in real estate
sight
after a severe correction in 2009 the
values began to steadily decline.
Some examples of real estate market
analysis conducted by Darian DRS are
significant to observe the influence of
financing restraint on the branch. The
fact that the value of commercial,
industrial or office properties fell
during June 2008 and June 2012 by 15% 20%, is one example. In addition to,
during the same period, the residential
properties fell by 40% - 60%, and
development lands by 60% - 65%, noting
that this analysis refers to average
trading values and represents properties
of 27 major cities.
FINDING ROOTS IN AGRICULTURE
LANDS
The evolution of the real estate market
is closely correlated with the economic
status, the income of the population
and the financing costs, and because
these parameters haven't
registered positive
developments, the outlook
does not seem to contain a
significant recovery. I
estimate that in the near
future we will face
decreases in property
values for all real estate
segments.
Even if we cannot speak of
price increases in the real
estate industry sector
mentioned, I do believe
that the value of
1
2
3
4
5
6
7
8
9
10
11
DARIAN DRS
ROMCONTROL
R.E.A.G. REAL ESTATE ADVISORY GROUP SRL
PRIME PROPERTY ADVISERS - KNIGHT FRANK
FAIRVALUE CONSULTING
TERRAVAL VALUATION AND PROPERTY
MANAGEMENT SRL
PARKER LEWIS & ASSOCIATES
GBF VALUATION & RESEARCH
CBAR RESEARCH & VALUATION ADVISORS
(COLDWELL BANKER AFFILIATES)
COHISPANIA CONSULTING
EVAL CORP
PROFIT/LOSS
(2011 RON)
CONTACT
12,842,747
11,586,374
4,944,195
3,886,875
3,444,162
11,115,009
15.5%
2,767,980
Cluj Napoca
12,352,861
-6.2%
385,910
Bucuresti
3,774,175
31.0%
736.137
Bucuresti
5,012,717
-22.5%
498,705
Bucuresti
3,163,049
8.9%
800,472
Bucuresti
2,032,816
1,784,541
13.9%
209,567
Bucuresti
1,709,599
1,046,397
1,610,968
6.1%
4,867
Bucuresti
844,045
24.0%
269,953
Bucuresti
1,031,553
1,315,475
-21.6%
-50,705
Bucuresti
777,098
575,205
1,030,496
-24.6%
8,168
Bucuresti
108,990
427.8%
-135,392
Bucuresti
MCR
REAL ESTATE
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
TURNOVER
MCR SCORING ANNUAL(TURNOVER
2011 RON) RANKING
2.188
1.788
1.750
1.700
1.650
1.550
1.500
1.450
1.400
1.400
1.400
1.350
1.350
1.300
1.300
1.300
1.300
1.250
1.250
1.200
1
2
3
4
5
6
NO OF
EMPLOYEES
CONTACT
11,943,575
1,226,582
7,210,245
1,468,609
75 Bucuresti, Sector 2
1,574,295
13
436,020
12 Bucuresti, Sector 5
2,329,275
322,054
8 Bucuresti, Sector 3
2,505,726
681,083
3 Bucuresti, Sector 5
622,363
19
76,185
7 Bucuresti, Sector 1
2,194,086
10
7,109,459
1 Bucuresti, Sector 2
3,886,875
498,705
9 Bucuresti, Sector 1
57 Bucuresti, Sector 1
18,125,713
245,488
37 Bucuresti, Sector 1
6,920,053
-1,865,871
47 Bucuresti, Sector 5
1,317,867
15
-296,342
4 Bucuresti, Sector 2
1,346,630
14
22,534
5 Bucuresti, Sector 4
1,247,406
16
-395,918
4 Bucuresti, Sector 1
9,699,059
-1,088,794
27 Bucuresti, Sector 1
4,440,084
18,047
17 Bucuresti, Sector 1
1,652,937
12
-5,620
10 Bucuresti, Sector 1
1,087,429
17
-137,729
2 Bucuresti, Sector 2
1,658,091
11
-1,077,369
Arad, ARAD
832,072
18
-271,350
Cluj-Napoca, CLUJ
588,842
20
-156,220
1 Bucuresti, Sector 6
TURNOVER
MCR SCORING ANNUAL(TURNOVER
2011 RON) RANKING
PROFIT/LOSS
(2011 RON)
NO OF
EMPLOYEES
CONTACT
593
Iasi, IASI
PROFIT/LOSS
(2011 RON)
2.275
1.788
1.775
1.700
1.650
1.650
44,951,361
12
1,900,689
56,873,508
8,866,702
94 Bucuresti, Sector 6
146,912,403
-23,098,693
456
Dobroiesti, ILFOV
13,540,400
19
-22,261,046
27
Voluntari, ILFOV
105,806,424
781,211
50,586,684
10
8,842,444
16 Bucuresti, Sector 1
24
Pitesti, ARGES
21
Stefanesti de Jos,
ILFOV
1.500
65,703,631
-43,437,533
8
9
10
11
12
13
1.450
1.450
1.400
1.388
1.350
1.300
66,911,023
1,124,904
2 Bucuresti, Sector 1
49,082,579
11
6,540,526
0 Bucuresti, Sector 2
161,461,695
-50,147,779
13 Bucuresti, Sector 1
14,583,443
18
-6,578,392
72 Bucuresti, Sector 1
20,031,378
15
-1,827,632
12 Bucuresti, Sector 1
19,215,457
16
-36,019,925
1 Bucuresti, Sector 6
Bucuresti,
BUCURESTI
1.300
11,114,417
20
-741,677
1.250
29,592,337
14
-4,620,982
1 Bucuresti, Sector 1
1.200
59,944,526
-30,622,411
0 Bucuresti, Sector 2
1.200
1.200
58,324,855
-17,053,295
18,087,295
17
-2,659,493
5 Bucuresti, Sector 1
1.150
61,428,073
-18,297,180
0 Bucuresti, Sector 2
1.150
31,286,421
13
-12,977,914
12 Bucuresti, Sector 2
Voluntari, ILFOV
1
4
2
3
5
6
7
8
TURNOVER
MCR SCORING ANNUAL(TURNOVER
2011 RON) RANKING
PROFIT/LOSS
(2011 RON)
NO OF
EMPLOYEES
CONTACT
2.075
148,803,805
4,277,845
1.863
2.075
1.938
1.688
1.475
1.388
1.300
62,353,239
6,265,667
39,011,585
2,708,349
28,954,240
2,963,155
10,440,881
1,430,058
7,101,821
-1,617,979
6,540,444
-601,093
62 Bucuresti, Sector 1
4,726
-49,632
1 Bucuresti, Sector 4
MCR
REAL ESTATE
TURNOVER
MCR SCORING ANNUAL(TURNOVER
2011 RON) RANKING
PROFIT/LOSS
(2011 RON)
NO OF
EMPLOYEES
CONTACT
1
2
3
4
5
PRACTIC SA
EQUEST INVESTMENTS SRL
BILLA INVEST CONSTRUCT SRL
COCOR SA
WEST GATE SRL
2.138
1.750
1.700
1.650
1.650
31,940,194
12
16,061,785
62 Bucuresti, Sector 1
3,558,698
26
556,753
34 Bucuresti, Sector 5
32,907,838
10
12,629,449
21,629,373
-34,845,683
35,697,080
19
10,669,923
1.600
26,619,053
15
7,948,488
Bucuresti,
BUCURESTI
OASIS SRL
CA IMMO REAL ESTATE MANAGEMENT
ROMANIA SRL
MERCUREAL SRL
BUCURESTI MALL DEVELOPMENT AND
MANAGEMENT SRL
PORSCHE IMMOBILIEN SRL
OPERA CENTER ONE SRL
FLOREASCA BUSINESS PARK SRL
1.600
10,526,371
21
4,782,860
11
Sibiu, SIBIU
1.550
5,896,171
354,862
1.550
33,161,298
21,463,909
1.550
69,446,545
17
19,426,873
1 Bucuresti, Sector 3
1.550
1.550
1.500
24,118,764
23
385,672
7,928,022
24
958,082
0 Bucuresti, Sector 5
44,780,304
1,593,643
1 Bucuresti, Sector 1
1.488
39,962,296
86,421
15 METEX BIG SA
16 ALIA INMOBILIARIA SRL
17 BANEASA BUSINESS & TECHNOLOGY PARK SA
1.450
1.400
1.350
36,478,572
24,204,523
22,886,121
18
-12,190,407
1 Bucuresti, Sector 1
28,362,452
14
-72,324
20 Bucuresti, Sector 1
1.300
52,605,344
-17,786,550
1 Bucuresti, Sector 6
1.300
1.250
1.250
1.200
1.200
1.150
1.100
1.088
24,250,831
16
-4,237,324
4,784,316
20
825,763
8
9
10
11
12
13
0 Bucuresti, Sector 2
41
Bucuresti,
2 Bucuresti, Sector 6
15 Bucuresti, Sector 1
23
150
Timisoara, TIMIS
Voluntari, ILFOV
Bistrita,
BISTRITA-NASAUD
39 Bucuresti, Sector 1
Iasi, IASI
32 Bucuresti, Sector 1
15,178,997
25
-6,253,068
0 Bucuresti, Sector 1
8,553,491
13
-38,131,981
4 Bucuresti, Sector 4
30,363,431
22
10,173
5 Bucuresti, Sector 1
93,144,665
4,621,582
11 Bucuresti, Sector 2
32,408,421
11
-6,536,385
0 Bucuresti, Sector 1
118,866,909
-1,456,192
96 Bucuresti, Sector 3
WDP ROMANIA
Company name: WDP DEVELOPMENT RO S.R.L.
Contact:
1 Baia de Arama Street,
022204, sector 2, Bucharest
Phone: +40-31-225.71.16
+40-730-09.27.01
Fax:
+40-31-225.71.16
E-mail: info-romania@wdp.eu
Website: www.wdp.eu
Top management:
JEROEN BIERMANS Managing Partner
VALENTIN ST~NCIULESCU Business Development
Manager
Financial information:
Registered capital
34,411,260 RON (2009)
Shareholders:
Warehouses De Pauw Comm.
Va, Belgium: 51%
JB Top Pro Invest SRL,
Romania: 49%
Certificates / Inducements:
BREEAM certificates
Environment - friendliness
buildings
Green energy
Photovoltaic panels
Fiscal facilities
Ownership:
Private-owned: 100%
Romanian: 49%
Foreign: 51%
Brands:
WDP, Warehouses with brains
Company profile:
WDP (Warehouses De Pauw) is the market leader in Benelux and a major global player through its efficient
customized services of development, letting and management of logistical and industrial properties, with a
portfolio of approx. 2 million square meters of warehouses, distribution centers and industrial spaces in Europe.
In Romania, on an overall area of approx 200 hectares, WDP is developing a strategic portfolio of 10 logistic and
industrial parks (that grant land and building tax payment exemptions for tenants), with direct access or close to
the highways and main roads. The company secured also a financing line for future developments in Romania
from the European Investment Bank and, depending on the size of the project, can follow the client in areas in
which it is not yet active.
WDP is present near Bucharest (Corbii Mari with access to Bucharest - Pite[ti highway, Fundulea and S`rule[ti
with access to Bucharest Constan]a highway), near Pite[ti (Oarja with access to A1 highway), in Bra[ov
(Codlea), near Ploie[ti (Arice[tii Rahtivani with access to DN72 and P`ule[ti, both of them with easy access to
DN1 and the future Bucharest - Bra[ov highway). Nearby Constan]a, two industrial parks will also be developed:
Mihail Kog`lniceanu (access to International Airport and E60) and Agigea (access to the container loading terminal
and Danube - Black Sea canal).
WDP timely delivered in 2011 two production facilities of approx 14,000 sqm for Roechling Automotive and HP
Pelzer Pimsa, within the Industrial Park in Oarja, Arge[, on Pan European Corridor IV, close to automotive
manufacturers (and their suppliers) Dacia Renault and Ford. These buildings are compliant with all specifications
agreed with the client and the quality and conditions of a state-of-the-art warehouse and production space,
according to WDPs approach regarding its developments worldwide.
WDP is a flexible company with top quality logistic & production spaces
The company proves its flexibility through its willingness to adjust A Class facilities to the expectations of its
potential customers (built to suit projects) who seek to efficiently use their space, may it be ambient or refrigerated,
with special contamination regime, for ADR goods or specific warehouse or production halls.
WDP is a transparent stock exchange company with great financial clout. Joining forces with WDP means choosing
a long term relationship. Companies can keep on focusing on their core business, WDP takes care of their real estate.
In short, everything about WDP is added value.
Time after time, the result is warehouses with brains.
18%
MCR
MCR
Opinion
CAMELIA SUCU,
A louder voice
for Romanian
design brands
appreciated abroad, it's good that
Romanian products are requested on
European markets.
CONSUMERS ADJUST, NO MATTER WHAT
The furniture producers and importers in
Romania are feeling the effects of the
overall economic turmoil and the results
can be easily perceived in the market.
Hence, the furniture consumption
declined, since the consumers lowered
their spending budget for interior design
works. Also, the buyers slowed down the
pace of acquiring large furniture products
such as beds, coaches and closets and
now they are targeting accessories. In this
way, they manage to revamp the interiors
with lower costs.
Even if the spending declined and the
industry is noticing a slower acquisition
pace, this doesnt mean that the
consumption has nearly ceased. The
regular customers who buy premium
brands adjust easily to changes and the
ones who can afford it, will even adjust to
trends.
LUXURY COSTS MONEY
It is said that the luxury consumption
doesnt tend to decline in the same
rhythm as the mainstream level and I
must admit that this proves to be quite
true, if we analyze our experience in the
last years. It is also true that
redecorations are no longer such a
frequent habit as it used to be in times of
economic well- being. Several years ago,
there were clients who could afford new
decorations every six months or yearly.
However, the luxury segment is keen on
IN 2011, ROMANIA
EXPORTED 18 PERCENT
MORE FURNITURE ALL
AROUND THE WORLD,
NOT ONLY IN THE
EUROPEAN UNION
COUNTRIES.
1
2
3
4
5
MCR SCORING
3.913
2.775
2.575
2.425
2.288
PROFIT/LOSS
(2011 RON)
NO OF
EMPLOYEES
CONTACT
1,267
Sebes, ALBA
1,589,521,923
312,866,728
972,230,274
-31,620,157
442
Sebes, ALBA
591,358,419
9,019,206
421
Radauti, SUCEAVA
148,857,030
9,088,642
587
Comanesti, BACAU
28,545,402
21
2,131,414
137
Timisoara, TIMIS
Sighetu Marma]iei,
MARAMURES
SIGSTRAT SA
2.125
29,512,260
20
1,029,947
473
7
8
1.988
1.938
333,002,622
-41,395,337
230
Brasov, Brasov
38,818,983
15
711,323
117
Ciumani, HARGHITA
1.925
56,493,171
12
582,464
528
Viseul de Sus,
MARAMURES
1.925
48,176,072
13
1,695,537
251
Lugoj, TIMIS
1.875
110,435,385
4,445,228
463
Brasov, BRASOV
10 IN COMANDITA
11 LOSAN ROMANIA SRL
11
436,516
301
Miercurea Sibiului,
SIBIU
85,317,857
2,102,202
249
Sebes, ALBA
30,124,090
19
1,563,041
177
Arad, ARAD
1.875
60,762,632
13 SIMPE SRL
14 PORTA KMI ROMANIA SRL
1.788
1.688
15 VITRAROM SRL
1.588
16
17
18
19
1.575
1.550
1.500
1.438
JF FURNIR SRL
UNIROM SA
VIMAN WOOD SRL
HOLVER SRL
35,539,625
16
1,040,845
181
Lunca Calnicului,
BRASOV
68,512,778
10
1,351,456
299
Brasov, BRASOV
151,116,670
120,907
27
Buzau, BUZAU
45,199,951
14
-142,228
11
Bulz, BIHOR
145,045,032
-5,335,397
226
Brasov, BRASOV
1.288
30,151,367
18
-7,941,645
150
1.238
33,287,487
17
-4,181,096
70
Ceptura de Jos,
PRAHOVA
Campulung la Tisa,
MARAMURES
MCR
MANUFACTURE OF FURNITURE
RANK COMPANY NAME
TURNOVER
MCR SCORING ANNUAL(TURNOVER
2011 RON) RANKING
PROFIT/LOSS
(2011 RON)
NO OF
EMPLOYEES
CONTACT
TAPARO SA
2.513
235,860,894
8,037,080
2.463
462,621,227
6,727,816
2,728
Baia Mare,
MARAMURES
3
4
2.375
2.275
88,095,643
3,617,414
499
Oradea, BIHOR
195,710,802
8,081,585
667
Arad, ARAD
468
2.125
79,292,073
6
7
8
9
10
ECOLOR SRL
POLIPOL MOBILA SRL
LEMET SRL
ADA FABRICA DE MOBILA SRL
SORTILEMN SA
2.088
2.075
2.025
1.975
1.975
10
3,124,579
136,599,965
21,744,892
240
Jucu, CLUJ
68,519,023
13
3,210,911
555
77,163,547
11
6,584,447
425
Campina, PRAHOVA
100,937,770
4,004,835
501
Salonta, BIHOR
127,349,789
10,292,827
888
Gherla, CLUJ
1,253
Sighetu Marmatiei,
MARAMURES
11 PLIMOB SA
1.863
120,220,699
8,148,992
12
13
14
15
16
17
18
1.825
1.825
1.813
1.788
1.725
1.675
1.588
70,429,121
6,048,115
434
Arad, ARAD
88,267,833
12
5,507,625
305
Lugoj, TIMIS
65,699,347
15
-341,516
1,242
Bucuresti, Sector 1
49,770,401
20
6,236,516
225
Sebes, ALBA
63,428,790
17
7,990,145
326
49,682,667
21
-1,371,357
253
Bucuresti, Sector 2
66,148,225
14
587,021
205
Arad, ARAD
Mediesu Aurit,
SATU MARE
Sighetu Marmatiei,
MARAMURES
1.475
43,535,940
16
-2,697,201
275
20 TRANSVAL MOB SA
1.475
63,932,669
18
-1,517,837
365
1.475
1.388
60,373,138
22
-8,752,869
398
Mintia, HUNEDOARA
52,857,296
19
-7,385,331
189
Ploiesti, PRAHOVA
TURNOVER
MCR SCORING ANNUAL(TURNOVER
2011 RON) RANKING
2.288
2.138
1.938
1.750
1.738
1.688
1.600
1.600
1.600
1.500
1.488
1.488
1.450
1.400
1.388
1.388
1.338
1.338
1.300
1.200
59,663,229
PROFIT/LOSS
(2011 RON)
NO OF
EMPLOYEES
CONTACT
2,898,976
135
Bucuresti, Sector 1
51,547,741
858,921
94
Timisoara, TIMIS
13,631,552
15
397,282
60
Bucuresti, Sector 5
11,773,641
18
1,123,744
39
Brasov, BRASOV
64,330,807
7,159,208
122
Bucuresti, Sector 1
17,841,247
26,809
74
Roman, NEAMT
16,573,833
12
24,590
Bucuresti, Sector 1
15,468,702
14
-2,039
Gilau, CLUJ
12,872,171
17
16,428
50
Nanov, TELEORMAN
20,886,410
165,371
46
Bucuresti , Sector 1
44,023,647
-50,686
146
Dumbravita, TIMIS
20,404,337
63,021
87
Regin, MURES
9,328,287
20
194,423
14
Chitila, ILFOV
46,600,540
-5,864,440
48
Bucuresti, Sector 1
17,830,650
10
-3,125,057
67
Bucuresti, Sector 2
13,460,165
16
-1,994,932
95
Otopeni, ILFOV
16,741,155
11
-326,782
56
Bucuresti, Sector 6
16,124,509
13
-837,269
71
Bucuresti, Sector 2
11,117,014
19
-1,337,215
42
Iasi, IASI
26,577,772
-7,649,101
31
Oradea, BIHOR
PROFIT/LOSS
(2011 RON)
NO OF
EMPLOYEES
CONTACT
VRANCART SA
2.613
163,751,672
1,997,353
1,134
Adjud, VRANCEA
RONDOCARTON SRL
2.525
227,136,348
3,390,861
256
Sannicoara/
apahida, CLUJ
PEHART TEC SA
2.325
210,733,160
2,110,088
366
Petresti, ALBA
2.088
95,450,789
4,671,711
Sfantu Gheorghe,
162
COVASNA
Odorheiu Secuiesc,
118
HARGHITA
ABC-IMPEX SRL
2.088
31,913,712
19
4,862,684
6
7
8
ECOPAPER SA
ECOPACK SA
ROMPRIX EXIM SRL
2.038
2.038
1.988
115,333,200
12,443,820
140
Zarnesti, BRASOV
86,129,630
1,705,689
193
Ghimbav, BRASOV
42,356,469
16
1,455,185
PETROCART SA
1.925
28,584,328
20
489,451
10
11
12
13
14
15
16
17
18
AMBRO SA
COMCEH SA
PENTAROM SRL
ROMCARTON SA
TIGER SOMES IMPEX SA
MAYR MELNHOF PACKAGING ROMANIA SRL
BARLETA SRL
SEGEZHA PACKAGING SRL
SCA PACKAGING ROMANIA SRL
1.825
1.675
1.650
1.638
1.638
1.638
1.638
1.588
1.588
161,795,924
9,263,547
165,631,973
-8,639,888
19
1.400
1.288
254
Piatra Neamt,
NEAMT
39,215,539
17
196,859
46 Campulung, ARGES
115,133,219
1,991,635
74,343,508
10
1,171,181
65
Dej, CLUJ
51,360,418
15
3,462,819
124
Blejoi, PRAHOVA
33,144,531
18
319,355
174
Bacau, BACAU
60,298,883
12
-4,495,789
72
Ploiesti, PRAHOVA
55,983,189
14
-5,398,928
119
Timisoara, TIMIS
63,164,414
11
-460,760
16
Comuna Remetea
Mare, TIMIS
58,204,240
13
-6,852,283
145
Salonta, BIHOR
85%
MCR
Production of textiles
recovers slowly after the 2009 plunge
Diana Macovei, Freelance Analyst
2011
2010
377.4
305.7
2009
330.4
304.1
734.2
683.1
Balance
634.5
372.4
350.9
2008
2007
810.7
1,411.3
400.7
2011
1,812.0
120
1,204.0
332.1
2010
100
1,536.1
80
40
Balance
1,169.2
329.7
2009
60
1,498.9
Import
1,565.6
437.0
2008
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
2008
2009
2010
2011
2,281.0
Dec
0.0
2007
1,921.2
359.9
2007
500.0
1,000.0
1,500.0
713.1
592.4
2011
100
473.6
2010
80
60
404.2
2009
1,305.5
637.8
1,111.4
Balance
570.8
975.0
40
501.7
2008
20
0
2007
Mar
Apr
2008
May
Jun
2009
Jul
Aug
2010
Sep
2011
2,500.0
120
Feb
2,000.0
2012
Jan
Export
2,002.6
20
Jan
Export
509.3
301.4
0.0
Import
723.3
Oct
Nov
2012
Dec
1,188.8
831.7
468.7
2007
0.0
200.0
400.0
600.0
Import
687.1
1,300.4
800.0
Export
10.6%
2.7%
9.0%
10.8%
2.2%
Italy
39.0%
38.9%
9.5%
Germany
United Kingdom
15.5%
15.5%
France
Spain
23.2%
23.3%
Others
MCR
TURNOVER
MCR SCORING ANNUAL(TURNOVER
2011 RON) RANKING
PROFIT/LOSS
(2011 RON)
NO OF
EMPLOYEES
CONTACT
1
2
2.913
2.663
332,469,063
21,491,773
1,207
Curtici, ARAD
33,123,548
36
1,959,082
1,046
Braila, BRAILA
BENROM SRL
2.488
637,218,673
43,536,804
165
NORADA SA
2.325
50,860,168
24
8,928,338
873
5
6
7
8
9
10
11
12
COTTONTEX SRL
TIME INTERNATIONAL TRADING SRL
IC COMPANYS ROMANIA SRL
FORMENS SRL
PANCARPROD SRL
TANEX SRL
ROMANITA SA
ARIES TEXTILE SRL
2.275
2.263
2.200
2.175
2.175
2.125
2.113
2.075
68,382,284
16
6,997,326
651
Timisoara, TIMIS
84,186,970
13
10,356,453
1,082
Bucuresti, Sector 6
182,429,489
3,073,763
31
Bucuresti, Sector 2
121,839,417
12,043,477
580
Botosani, BOTOSANI
Miercurea Sibiului,
SIBIU
Odorheiu Secuiesc,
HARGHITA
33,604,197
35
857,062
658
Vaslui, VASLUI
54,244,777
21
2,579,863
740
Bucuresti, Sector 5
Caracal, OLT
39,659,278
31
21,163
1,200
135,028,106
10,894,723
430
Arad, ARAD
23
7,625,780
1,211
Odorheiu - Secuiesc,
HARGHITA
13 IKOS - CONF SA
2.063
51,380,178
2.025
2.025
92,496,436
9,309,121
897
Focsani, VRANCEA
55,045,378
20
11,953,845
338
Breaza, PRAHOVA
1.975
123,467,384
13,318,427
705
Targu Secuiesc,
COVASNA
17
18
19
20
21
22
23
24
25
26
1.938
1.938
1.875
1.875
1.863
1.863
1.850
1.813
1.763
1.725
46,849,867
27
2,235,103
130
Slatina, OLT
41,605,777
28
4,446,164
175
61,022,269
18
4,042,225
457
Bucuresti, Sector 6
31,500,551
37
1,380,746
730
Macin, TULCEA
90,419,019
10
-24,343,450
1,042
Cluj-Napoca, CLUJ
59,759,438
19
-6,402,083
1,026
Bucuresti, Sector 3
87,609,569
12
7,900,751
36
Paulesti, PRAHOVA
39,987,615
30
1,835,760
1,005
Calafat, DOLJ
49,539,671
26
1,213,918
1,091
Braila, BRAILA
62,696,249
17
893,274
732
Bacau, BACAU
Turnu Magurele,
TELEORMAN
Targu Secuiesc,
COVASNA
27 IMPERIAL SA
1.725
50,104,648
25
1,192,933
641
28 NEW-FASHION SA
1.725
40,446,948
29
5,848,662
876
29
30
31
32
33
34
35
36
37
38
1.688
1.675
1.675
1.625
1.625
1.613
1.575
1.388
1.375
1.300
36,533,517
33
1,099,180
228
Pitesti, ARGES
53,482,902
22
-2,583,478
367
Bucuresti, Sector 4
31,227,674
38
1,345,467
604
Focsani, VRANCEA
88,299,960
11
1,911,690
876
Focsani, VRANCEA
33,883,461
34
2,686,663
678
Calarasi, CALARASI
126,114,708
2,654,329
1,499
Urziceni, IALOMITA
69,100,733
15
1,326,868
422
Cluj-Napoca, CLUJ
38,918,164
32
-2,141,495
227
Bucuresti, Sector 4
70,648,929
14
-6,961,917
865
Sacele, BRASOV
103,597,149
-222,458
43
Comanesti, BACAU
FRANCESCA INDUSTRIES SA
ADESGO SA
INCOM-VRANCO SA
ARTIFEX SRL
CATEX SA
ALISON HAYES (ROMANIA) SRL
MAGREB KNITWEAR EAST SA
STEILMANN ROMANIA SRL
ROULEAU - GUICHARD ROUMANIE SRL
BETACOM PROD SRL
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
RIFIL SA
INTEX SA
ROSEYARNS SRL
TEXTILA OLTUL SA
READY GARMENT TECHNOLOGY SRL
TREVERTEX SRL
MINET SA
TRANSILANA SA
TURNOVER
MCR SCORING ANNUAL(TURNOVER
2011 RON) RANKING
2.525
2.475
2.375
2.375
1.988
1.938
1.938
1.938
CONTACT
Savinesti, NEAMT
2,610,062
525
98,854,440
3,478,047
41,825,255
14
15,948,632
33,215,784
16
3,538,773
32,157,662
17
11,046,119
65,296,445
10
2,790,918
56
Curtici, ARAD
46,309,331
13
2,098,699
71
26,606,051
19
52,541
167
Ghimbav, BRASOV
448
Odorheiu-Secuiesc,
HARGHITA
Buzau, BUZAU
337
Bistrita, BISTRITA-NASAUD
1.925
134,480,934
6,860,252
1.925
1.925
1.925
1.888
1.875
1.875
1.875
1.875
1.838
1.825
1.825
93,890,803
2,519,063
392
65,834,003
261,660
362
Iasi, IASI
55,225,449
12
7,922,826
639
Buzau, BUZAU
26,580,119
20
1,290,062
105
146,365,120
1,356,102
374
Sarata, BISTRITA-NASAUD
86,822,477
911,674
271
Pascani, IASI
55,370,304
11
581,214
829
26,635,053
18
2,198,131
309
40,371,340
15
4,903,105
57
Bucuresti, Sector 6
159,759,425
5,852,338
434
Savinesti, NEAMT
129,688,829
3,354,762
421
Botosani, BOTOSANI
PROFIT/LOSS
(2011 RON)
NO OF
EMPLOYEES
CONTACT
22
NO OF
EMPLOYEES
269,519,650
PROFIT/LOSS
(2011 RON)
TURNOVER
MCR SCORING ANNUAL(TURNOVER
2011 RON) RANKING
2.725
2.238
2.088
1.975
1.925
1.838
1.788
1.788
1.700
1.688
1.688
1.650
1.575
1.575
1.538
1.525
1.488
1.438
1.400
1.388
1.338
1.288
262,871,579
44,040,102
491
Bucuresti, Sector 3
71,925,189
11,203,464
53
Bucuresti , Sector 1
94,476,260
13,957,184
89
144,087,186
951,049
262
Bucuresti, Sector 6
61,663,697
10
2,977,545
310
Otopeni, ILFOV
69,394,397
11,283,055
109
Bucuresti, Sector 3
76,608,716
3,756,720
137
Bucuresti,
36,902,451
15
377,338
119
Constanta, CONSTANTA
23,977,148
22
99,952
27
Bucuresti , Sector 1
41,815,468
13
4,658,004
79
Bucuresti, Sector 3
25,502,551
18
3,714,314
143
Bucuresti, Sector 2
43,621,315
12
12,991,149
46
Bucuresti, Sector 3
103,478,625
-8,345,510
335
Bucuresti, Sector 1
26,841,455
16
-1,652,380
356
Bucuresti, BUCURESTI
83,145,828
571,626
172
Cluj-Napoca, CLUJ
81,739,445
-4,414,465
350
Bucuresti, Sector 6
25,218,049
20
-10,767,388
170
Bucuresti, BUCURESTI
39,708,856
14
290,614
175
Bucuresti, Sector 1
25,433,770
19
-5,870,381
25
Voluntari, ILFOV
60,562,141
11
-5,459,083
169
Voluntari, ILFOV
26,224,695
17
-3,913,564
112
Bucuresti, Sector 1
24,107,143
21
-11,814,336
55
Bucuresti, Sector 1
MCR
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
TURNOVER
MCR SCORING ANNUAL(TURNOVER
2011 RON) RANKING
PROFIT/LOSS
(2011 RON)
NO OF
EMPLOYEES
CONTACT
Valea Lui Mihai,
BIHOR
3.063
220,667,632
7,114,881
1,548
2.488
2.375
2.188
2.188
2.175
2.125
2.088
2.088
2.075
2.025
2.025
1.975
1.825
1.775
1.738
1.725
1.650
337,861,521
3,864,433
169
Lugoj, TIMIS
102,048,080
6,522,836
481
58,811,136
12
5,610,338
192
37,633,792
19
2,772,151
157
Ghisoda, TIMIS
33,048,794
24
4,650,070
251
Bucuresti, Sector 4
53,605,974
14
708,609
458
Reghin, MURES
119,623,710
4,509,611
71
Arad, ARAD
59,973,928
10
2,912,636
180
Sibiu, SIBIU
36,351,483
20
1,203,963
434
Bacau, BACAU
44,260,961
16
2,708,683
748
Oradea, BIHOR
35,996,600
21
207,129
269
Sibiu, SIBIU
80,747,433
6,641,449
793
Cisnadie , SIBIU
41,927,533
18
854,957
569
Timisoara, TIMIS
80,627,804
339,108
712
Bucuresti, Sector 4
33,222,369
23
368,184
154
Brasov, BRASOV
75,343,598
1,531,277
252
Bors, BIHOR
59,779,322
11
4,893,622
35
Sibiu, SIBIU
1.625
146,964,251
6,914,154
624
20 BIHORE SRL
1.625
92,147,809
985,195
625
Oradea, BIHOR
1.625
50,891,352
15
2,059,105
625
Codlea, BRASOV
1.600
57,671,552
13
2,564,245
Brasov, BRASOV
1.500
1.288
42,073,816
17
-2,146,950
38
Bucuresti, Sector 6
35,051,675
22
-281,292
164
Topliceni, BUZAU
TURNOVER
MCR SCORING ANNUAL(TURNOVER
2011 RON) RANKING
PROFIT/LOSS
(2011 RON)
NO OF
EMPLOYEES
CONTACT
1
2
3
4
5
6
7
8
LEONARDO SRL *
BENVENUTI SRL
OTTER - DISTRIBUTION SRL
E-QUATION SRL
ELMEC ROMANIA SRL
ADIDAS ROMANIA SRL
DEICHMANN COMERCIALIZARE INCALTAMINTE
SRL
LEATHER & SHOE SRL
2.313
2.188
2.038
1.950
1.775
1.688
251,342,774
-26,830,032
1,690
Oradea, BIHOR
55,559,053
927,681
228
Oradea, BIHOR
Chiajna, ILFOV
1.338
136,476,318
1.338
36,821,329
69,708,737
5,963,041
203
199,276,625
1,893,817
Sebes, ALBA
129,595,856
-21,320,778
560
Bucuresti, Sector 5
82,270,130
621,765
153
Bucuresti, Sector 1
-2,406,082
211
Bucuresti, Sector 1
-1,357,959
68
Sibiu, SIBIU
1.2
Agriculture
t GROWING AND TRADING AGRICULTURAL RAW MATERIALS
t GROWING AND TRADING FRUIT AND VEGETABLES
t FARMING AND MEAT PROCESSING
MCR
AGRICULTURE
ROMANIAS
ethernal and fascinating promise
Iulian Ernst, Freelance Analyst
The rise in imports was more moderated in 2011, only 12.5% y/y
against 26.9% y/y rise of the exports. Romania imported mainly
sugar and pork. The imports of sunflower surprisingly increased
surprisingly in spite of the record crop. Imports of soy groats
remain very high, as well as the imports of animal feed-like,
prepared, as the cultivation of GM soy is still banned in the
country.
2011-12: SOUND 2011 CROPS FUEL COUNTRYS ECONOMY
Romanias vegetal crop, but also the animal produce, must have
decreased in 2012 because of the dry weather one year earlier
and because of the farmers difficult financial conditions.
Maize crop drops by some 60% to 4.7mn tonnes in 2012,
according to estimates of the agriculture ministry dated late
September. The country was the second largest European
maize producer last year with 11.6mn tonnes harvested from
2.6mn ha. In 2012, farmers increased their exposure to maize to
2.8mn ha after the rapeseed crop was severely damaged by the
adverse weather.
Romanias potential for maize exports have diminished
dramatically this year [2012-13], but the actual exports will
finally depend on the distribution of the crop between large
farms [more inclined to put on the market their crops] and
small-sized farms that use predominantly the output for own
consumption.
Wheat crop has decreased 32.7% to 4.78mn tonnes this year.
Countrys wheat exports will decrease to 1.3mn tonnes in the
2012-2013 marketing year from 2mn tonnes a year earlier, the
countrys agriculture minister Daniel Constantin was quoted as
saying. Yet, the wheat quality is very good, with 100% of it
qualifying as milling wheat, Constantin stressed.
Sunflower crop is 1.3mn tonners, down from 1.87mn tonnes
last year, EU official projections show. Nonetheless, the line
ministry announced that even at 1.5 tonnes per ha, the
0.65-0.7mn ha cultivates will yield enough sunflower to cover
domestic demand.
INVESTORS GAIN INTEREST IN ROMANIAS MEAT INDUSTRY
The US Smithfield was the sole Romanian pork producer that
received license to export fresh and processed pork from
Romania to EU after January 1, when the Union lifted the ban
on Romanian pork. The US company, which operates a
large-sized farm in Western Romania, plans to export to EU
and Asian countries.
Out of the 12 farms applying for the permit, only two qualified
and Marex [the other one] gave up export plans meanwhile.
MCR
Opinion
ANGELO NICOLAE,
Traders face
unpredictable
weather
I think that Romanian farmers could
face better the harsh conditions
delivered by the weather or the lack of
subsidies and poor agricultural
infrastructure if they found support.
However, those who have understood
to run a proper business in agriculture
are now harvesting the results.
The performance obtained by
Romanian farmers due to a national
irrigation system could weight against
the large differences regarding the
subsidies granted for the agriculture
industry in Romania, compared with
other EU countries. Also, a coherent
strategy in agriculture might
significantly reduce the risks in this
segment.
THE PRICE GAME
The price of grains saw a significant
increase in the last years and especially
this year due to the dry weather and its
effects on the autumn harvest. The
prices increased not only locally but
worldwide. If 2013 will benefit from
normal weather conditions, the prices
of grains could see a certain decline but
not a significant one. Hence, the
profitability in this segment will go on
attracting investors as it delivers
promising businesses and it will
significantly impact the national
economy.
The fortunate natural setting of
Romania within the Black Seas coastal
region and the Constanta harbor, one of
the most dynamic logistic hubs in
TURNOVER
MCR SCORING ANNUAL(TURNOVER
2011 RON) RANKING
PROFIT/LOSS
(2011 RON)
NO OF
EMPLOYEES
CONTACT
INTERAGRO SA
3.875
2,741,108,028
162,792,694
AGRO-CHIRNOGI SA
3.575
1,124,597,971
20,812,621
574
3.338
2,897,665,343
31,583,472
3.188
1,848,711,705
-17,460,690
BRISEGROUP SRL
2.838
544,497,306
12,813,660
128
AMEROPA GRAINS SA
2.838
483,949,128
11,351,261
200
2.800
233,903,759
19
13,234,054
31
2.775
402,400,692
49,741,849
912
2.750
374,804,985
11
7,656,500
49
2.700
316,630,800
14
5,619,256
14
2.700
205,400,638
21
832,152
10
12 ROMSPEED SRL
2.650
276,478,458
17
668,976
2.600
2.575
297,149,260
15
13,105,972
640,188,662
2,351,989
451
15 TOTALAGRO SA
2.450
209,576,565
20
694,605
33
16 INTERAGRO SRL
2.425
608,128,611
459,977
884
17
2.325
187,004,012
24
6,061,306
501
Vaslui, VASLUI
2.288
386,507,424
10
145,781
77
Agigea,
CONSTANTA
19
20
21
22
23
24
25
26
27
28
29
30
2.288
2.275
2.188
2.000
2.000
2.000
1.988
1.988
1.950
1.938
1.938
1.938
346,567,101
12
526,398
213
Segarcea, DOLJ
248,582,527
18
-8,243,566
288,577,232
16
-31,706,571
323,679,543
13
-19,770,426
19 Bucuresti, Sector 1
196,182,861
23
3,139,657
16 Bucuresti, Sector 1
167,779,717
27
5,204,998
18
Sindrilita, ILFOV
136,821,412
32
10,728,407
117
Sindrilita, ILFOV
100,030,353
38
5,395,670
198,399,718
22
928,468
20
Buzau, BUZAU
143,831,151
31
21,500,744
213
Movila, IALOMITA
129,508,176
35
7,041,071
67
Oradea, BIHOR
100,250,519
37
6,910,783
1.850
130,858,626
34
11,252,227
32
33
34
35
1.800
1.738
1.688
1.688
114,675,482
36
2,430,833
164,069,569
29
1,620,399
167,030,490
28
143,900
142
Braila, BRAILA
150,009,152
30
2,514,385
115
1.600
132,731,618
33
1,058,374
11
Constanta,
CONSTANTA
1.550
1.338
1.288
168,213,178
26
-4,676,298
26
Buzau, BUZAU
182,142,951
25
-15,344,623
140
Craiova, DOLJ
91,673,720
39
-6,516,082
COMCEREAL SA
CEREALCOM DOLJ SA
INTERSNACK ROMANIA SRL
MONSANTO ROMANIA SRL
NIDERA ROMANIA SRL
GLENCORE PROTEIN ROMANIA SRL
PIONEER HI-BRED ROMANIA SRL
PIONEER HI - BRED SEEDS AGRO SRL
RODBUN GRUP SRL
AGROGLOBAL SA
INTERCEREAL SA
AGROIND CAUACEU SA
COMCEREAL SA
AGRIGROS SRL
ATIFCO INTERNATIONAL SA
CEREALCOM SA
ARDEALUL TRADING SRL
Constanta,
CONSTANTA
Constanta,
CONSTANTA
Margineni, BACAU
Piatra Neamt,
NEAMT
Constanta, CONSTANTA
Constanta,
CONSTANTA
Constanta,
CONSTANTA
Constanta,
CONSTANTA
45 Bucuresti, Sector 1
Buzau, BUZAU
Posta Calnau,
BUZAU
Zimnicea,
TELEORMAN
Tasnad, SATU
MARE
15
Timisoara, TIMIS
90 Bucuresti, Sector 2
MCR
AGRICULTURE
1
2
3
4
5
2.175
2.138
2.050
1.950
1.900
ENB SRL
7
8
9
PROFIT/LOSS
(2011 RON)
NO OF
EMPLOYEES
CONTACT
75,023,439
7,440,021
436
Tecuci, GALATI
104,327,777
1,998,316
98
Afumati, ILFOV
100,961,199
3,162,612
Chiajna, ILFOV
43,779,969
18
677,480
Afumati, ILFOV
126,852,040
291,441
Chiajna, ILFOV
1.888
70,086,927
575,574
66
1.850
63,077,771
13
2,526,074
26
1.838
1.800
105,753,089
272,489
201
Tunari, ILFOV
63,939,653
12
1,739,995
28
Oradea, BIHOR
1.750
188,081,029
692,379
36
Stefanestii de Jos,
ILFOV
11
1.738
64,517,059
11
413,936
94
Afumati, ILFOV
12 LUCIDIUS SRL
1.700
47,205,639
17
354,767
13
LEOSER SA
1.675
47,519,056
16
245,238
14
15
16
17
18
19
20
1.500
1.500
1.488
1.475
1.400
1.388
1.388
57,870,322
14
145,754
39,416,379
19
-18,325,522
INTERFRUCT SRL
Constanta,
CONSTANTA
Stefanestii de Jos,
ILFOV
Bucuresti,
BUCURESTI
Popesti - Leordeni,
262
ILFOV
28
Chiajna, ILFOV
30 Bucuresti, Sector 1
50,327,688
15
302,335
163,840,604
163,377
94
38,745,625
20
-296,196
14
70,608,564
-862,008
59
Buftea, ILFOV
66,218,484
10
-3,276,780
76
Afumati, ILFOV
Clinceni, ILFOV
TURNOVER
MCR SCORING ANNUAL(TURNOVER
2011 RON) RANKING
PROFIT/LOSS
(2011 RON)
NO OF
EMPLOYEES
CONTACT
AVICOLA CREVEDIA SA
2.925
395,973,057
2,256,188
428
Crevedia, DAMBOVITA
2
3
UNICARM SRL
TRANSAVIA SA
2.763
2.675
635,301,465
13,781,420
2,688
357,681,199
26,299,438
913
Oiejdea, ALBA
Boldesti-Scaeni,
PRAHOVA
2.675
231,060,622
13
8,441,745
953
2.625
289,090,147
11
2,979,569
734
Bucuresti SECTOR 1
Filipestii de Padure,
PRAHOVA
2.575
227,983,546
14
7,736,300
785
7
8
ELIT SRL
MAREX SA
2.563
2.525
355,471,527
13,884,870
1258
Cugir, ALBA
398,187,149
3,546,829
371
Braila, BRAILA
DIANA SRL
2.525
232,632,287
12
1,285,435
557
Ramnicu-Valcea,
VALCEA
10
11
12
13
14
15
16
AGRICOLA INTERNATIONAL SA
ALDIS SRL
VEGETAL TRADING SRL
SAFIR SRL
SMITHFIELD PROD SRL
SMITHFIELD FERME SRL
AGROALIM DISTRIBUTION S.R.L.
2.463
2.463
2.450
2.425
2.375
2.313
2.275
332,841,739
4,090,384
1,805
Bacau, BACAU
329,845,455
10
-9,374,090
1,391
Calarasi, CALARASI
372,982,639
13,448,456
20
Braila, BRAILA
91,746,073
36
2,923,190
254
Vaslui, VASLUI
572,703,369
-17,153,428
593
Timisoara, TIMIS
551,803,463
6,639,474
1,048
Timisoara, TIMIS
214,006,504
16
-13,229,272
376
Bucuresti SECTOR 6
2.275
90,471,377
37
3,095,788
438
Poiana Marului,
BRASOV
2.225
94,375,282
34
1,815,149
372
Buzau, BUZAU
12,508,843
120
Com Glodeanu
Silistea, BUZAU
2.138
125,146,607
23
2.125
2.075
2.025
218,510,899
15
-888,427
821
Pitesti, ARGES
116,447,424
26
4,391,375
304
Bucuresti, Sector 4
164,585,238
20
3,668,303
431
Oltenita, CALARASI
2.025
145,930,702
22
4,039,797
264
Constanta, CONSTANTA
24
25
26
27
28
29
30
1.975
1.938
1.838
1.825
1.825
1.825
1.825
105,702,863
31
617,935
480
Brasov, BRASOV
171,177,839
19
1,214,049
158
Palota, BIHOR
80,616,889
38
1,835,022
201
BACAU
123,066,698
24
770,380
471
Focsani, VRANCEA
91,775,055
35
687,081
77,817,738
39
8,747,871
431
Tulcea, TULCEA
76,161,260
40
2,033,444
291
1.788
198,416,888
17
1,170,892
179
Draganescu,
GIURGIU
32
33
34
35
36
37
1.775
1.775
1.775
1.775
1.738
1.725
164,517,002
21
2,913,421
358
Sibiu, SIBIU
121,587,413
25
5,799,997
616
Francesti, VALCEA
112,757,402
29
587,902
273
Codlea, BRASOV
102,082,463
33
534,060
462
Bucuresti, Sector 3
75,153,608
41
47,452
178
Oprisenesti, BRAILA
186,333,586
18
11,773
692
Buftea, ILFOV
1.725
104,063,191
32
249,832
279
39 C+C SA
1.700
113,085,226
28
133,595
1.675
116,048,412
27
234,477
498
41 AVICOLA CALARASI SA
1.675
109,081,963
30
-3,237,573
467
AVICOLA BRASOV SA
NUTRIENTUL SA
INTERAGROALIMENT SRL
AVICOLA FOCSANI SA
CARMOLIMP SRL
CARNIPROD SRL
ROM TRADING COMPANY SRL
Baia Mare,
MARAMURES
Resita,
CARAS-SEVERIN
Satu Mare,
SATU MARE
Calarasi, CALARASI
2.3
FMCG
t PROCESSING OF TEA AND COFFEE
t MANUFACTURE OF COCOA, CHOCOLATE AND CONFECTIONERY
t MANUFACTURE OF SUGAR
t MANUFACTURE OF CONDIMENTS AND SEASONINGS
t MANUFACTURE OF VEGETABLE AND ANIMAL OILS AND FATS
t MANUFACTURE OF DAIRY PRODUCTS
t MANUFACTURE OF GRAIN MILL PRODUCTS AND STARCHES
t MANUFACTURE OF WINE FROM GRAPE
t MANUFACTURE OF BEER
t MANUFACTURE OF SOFT DRINKS; PRODUCTION OF MINERAL WATERS AND
OTHER BOTTLED WATERS
t DISTILLING, RECTIFYING AND BLENDING OF SPIRITS
t MANUFACTURE OF TOBACCO PRODUCTS
t HOME AND PERSONAL CARE
MCR
FMCG
political debacle the country has seen this summer and the
increased European Commission scrutiny with regards to the
rule of law in this country
In this context, what were the main consumer trends in 2012?
The focus on budgeting continued to deepen, buoyed by the
ability of consumers to easier monitor outgoings from
spending on grocery shopping to household energy usage in
real time. Recession had a strong impact on the consumers
budgets and lifestyle. Faced with the reduction of personal
income and increasing price rates, they learned to cut out
spending on goods considered unessential or they delayed
major purchases like cars, houses and electronics. They became
smarter shoppers looking for the best prices, comparing
between products alternatives, searching for more information
before any purchase and finally, reducing quantity and
frequency of consumption, resulting in a negative effect on
loyalty towards brands, products or service providers.
The consumer market seemed to be mainly driven by the
aging of population. In the near future, there are likely to be
more people with a traditional mindset, placing high stability
on life, respecting rules and conventions, resistant to anything
new and innovative or longing for the past. According to one
of the latest Euromonitor predictions, it is expected that all
age groups below 43 will see a decline in numbers in the next
years. The steepest decline, in both percentage terms and
actual numbers, will be for those aged 20-35. The trends are
driven by a combination of factors, and the variations in the
natural rate of change are caused by the low birth rate, the
ageing population and the emigration of young adults.
Given all these, FMCG players should think about
approaching consumers through the Me Branding
paradigm. Its about being different and recognized by others,
or showing off, also about being faithful to the personal style
more than being trendy, about building ones own personal
brand in society (investing in personal image and striving for a
better position in society), in the digital space (personal
blogging and social networking sites). This will also be
reflected in consumption demand for products and
experiences that are deemed to be authentic, those offerings
that feel really real and different.
MCR
Opinion
MARIUS MELESTEU,
General Manager,
Strauss Romania
X-Raying the
Romanian
coffee market
believe that the espresso holds that
characteristic.
The fact that Romania is not an avid
coffee drinking country, such as the
northern European states, can be
explained by its recent history. During
the communist regime, coffee was hard
to find, being handed out in rations. As a
result, people would only enjoy a cup of
coffee when guests would come to visit
coffee was seen as a luxury. Although
times have changed and now coffee is
easily accessible in a variety of blends,
such perceptions are hard to shift.
TURNOVER
MCR SCORING ANNUAL(TURNOVER
2011 RON) RANKING
PROFIT/LOSS
(2011 RON)
NO OF
EMPLOYEES
CONTACT
262
Ghimbav, BRASOV
1
2
3
4
5
6
2.675
2.025
1.938
1.900
1.888
1.688
563,555,504
26,064,691
212,401,106
-15,372,091
50,954,363
4,531,213
67 Bucuresti, Sector 1
58,485,996
1,100,621
93,652,073
2,629,640
46,898,271
-9,533,491
MERIDIAN CC SRL
1.588
94,847,857
92,323
91
1.488
105,783,963
181,449
94
DUO SRL
1.488
98,028,392
-2,918,029
182
PROFIT/LOSS
(2011 RON)
NO OF
EMPLOYEES
CONTACT
446
Curtea de Arges,
ARGES
38 Bucuresti, Sector 1
137
Brasov, BRASOV
DR OETKER RO SRL
2.525
219,308,602
2
3
4
5
6
7
2.363
2.038
1.938
1.850
1.838
1.700
250,210,387
1,363,946
83,178,716
9,082,812
157
Chiajna, ILFOV
62,360,964
1,019,011
242
Vanatori, GALATI
33,052,403
2,454
25
Chiajna, ILFOV
31,551,779
2,086,055
20,202,828
1,826,626
46 Bucuresti, Sector 6
1.700
15,325,539
10
494,257
28
1.688
56,421,713
2,202,165
223
1.638
1.600
1.300
114,270,456
2,010,176
190
4,819,761
11
198,271
11 Bucuresti, Sector 1
3,772,500
12
-245,942
13 Bucuresti, Sector 4
PROFIT/LOSS
(2011 RON)
1
2
3
4
5
6
7
8
9
10
MCR SCORING
4.475
6,051,829,824
3.675
3.625
3.175
2.538
2.438
2.100
1.975
1.700
2,375,824,912
2,362,448,641
1.575
23,042,119
NO OF
EMPLOYEES
Targul Mures,
MURES
Curtea de Arges,
ARGES
Alba Iulia, ALBA
CONTACT
317,054,628
6,030,690
14,966,343
1,979,436,255
-12,647,951
230,165,760
1,696,090
351,135,243
261,989
181,286,815
233,032
135,787,077
18,662,086
127,716,486
10
-521,448
32 Bucuresti, Sector 2
144,825,508
5,559,206
270
Otopeni, ILFOV
Otopeni, ILFOV
MCR
FMCG
1
2
3
4
5
6
7
8
9
TURNOVER
MCR SCORING ANNUAL(TURNOVER
2011 RON) RANKING
PROFIT/LOSS
(2011 RON)
NO OF
EMPLOYEES
CONTACT
Clinceni, ILFOV
2.875
2.688
2.625
2.625
2.613
2.488
2.438
2.375
2.363
212,667,390
15,464,874
555
213,525,542
30,201,909
322,565,844
1,347,558
312,020,361
2,309,541
575,287,107
1,205,208
208,940,371
10
468,060
213
Afumati, ILFOV
210,035,820
420,742
115
Chiajna, ILFOV
664,906,677
-9,294,735
416,744,657
-91,088,189
1,525
Oradea, BIHOR
10 DOBROGEA GRUP SA
2.275
229,889,470
-3,983,303
845
Constanta,
CONSTANTA
2.188
2.088
92,840,001
24
9,588,750
76 Bucuresti, Sector 1
121,115,344
17
2,122,180
98 Bucuresti, Sector 1
2.088
117,705,987
18
2,746,149
2.088
2.075
79,928,170
30
11,095,845
66,273,198
35
1,045,538
16 ELAN-TRIO SRL
2.025
151,425,381
13
2,076,188
458
Odorheiul Secuiesc,
HARGHITA
17
18
19
20
21
22
23
24
25
26
27
28
29
2.025
1.975
1.938
1.900
1.888
1.888
1.888
1.850
1.825
1.775
1.775
1.775
1.738
73,468,766
33
7,022,411
505
Carcea, DOLJ
81,526,639
28
4,320,178
145
Hunedoara,
HUNEDOARA
62,975,844
37
3,122,703
173,236,182
11
11,757,643
170,676,783
12
13,249,207
125,717,415
15
1,430,275
75,673,074
31
1,004,969
103,585,786
21
2,720,292
46 Bucuresti, Sector 1
83,190,984
27
693,226
143,530,753
14
4,352,445
107,339,706
19
641,119
74,685,428
32
7,174,983
258
90,782,410
25
491,932
247
Sibiu, SIBIU
183
Olteni, Comuna
Clinceni, ILFOV
1.688
67,345,972
31
32
33
34
35
36
37
38
39
1.675
1.638
1.588
1.575
1.538
1.488
1.450
1.338
1.338
KANDIA DULCE SA
GENERAL PARMA FOOD SRL
SAFF TRADING SRL
HEIDI CHOCOLAT SA
DINAMICA IMPEX SRL
ROMPAK SRL
PET PRODEXIM SRL
ALKA TRADING CO SRL
PURATOS PROD SRL
Arad, ARAD
30 Bucuresti, Sector 1
76 Bucuresti, Sector 2
178
Ipotesti, SUCEAVA
69 Bucuresti, Sector 5
Baicoi, PRAHOVA
34
-4,999,725
122,656,470
16
-3,814,949
92,868,504
23
17,344
63,610,001
36
123,608
61,411,965
38
-1,389,671
116
Carcea, DOLJ
106,231,946
20
4,032,008
93,663,848
22
15,574,616
59,182,075
39
1,634,473
44 Bucuresti, Sector 2
87,520,215
26
-4,984,728
80,666,146
29
-864,842
210
150
Pascani, IASI
Tunari, ILFOV
PROFIT/LOSS
(2011 RON)
NO OF
EMPLOYEES
CONTACT
ALBALACT SA
2.925
338,250,651
5,767,484
631
2
3
2.775
2.725
390,726,409
5,777,668
420
Bucuresti, Sector 4
201,896,515
2,436,482
400
Codlea, BRASOV
2.675
502,998,666
16,396,155
608
Bucuresti, Sector 2
5
6
7
8
2.375
2.325
2.238
2.225
382,720,738
6,800,873
222,374,112
9,226,634
348
127,754,068
13,334,310
158
Faget, TIMIS
197,954,114
8,076,424
365
Sighisoara, MURES
2.038
47,831,233
17
1,542,233
178
Monor,
BISTRITA-NASAUD
1.988
1.950
44,494,711
18
1,979,994
156
Galati, GALATI
35,248,619
22
639,185
37
12 COVALACT SA
1.875
90,434,113
13
-2,796,873
371
Sfantu Gheorghe,
COVASNA
13
14
15
16
17
18
19
20
21
1.788
1.775
1.775
1.725
1.688
1.650
1.650
1.638
1.638
LACTATE NATURA SA
DORNA LACTATE SA
INDUSTRIALIZAREA LAPTELUI MURES SA
DORNA SA
GORDON-PROD SRL
DANONE BABY NUTRITION ROMANIA SRL
LACTALIS
LACTO FOOD SRL
PRODLACTA SA
32,545,143
24
-2,568,237
185,200,945
-2,318,955
124,344,812
10
80,919
104,414,981
11
489,098
Cluj-Napoca, CLUJ
42,664,986
20
5,067,945
158
Lupeni, HARGHITA
68,160,437
15
-1,006,887
41
Bucuresti, Sector 1
18,420,802
27
1,532,607
48,420,743
16
215,565
60
Sofronea, ARAD
18,190,357
28
-6,879,332
164
Brasov, BRASOV
160
Popesti-Leordeni,
ILFOV
5 Vatra-Dornei, SUCEAVA
1.588
72,240,440
14
-75,232,306
23 LACTAPROD SRL
24 OLYMPUS DAIRY INDUSTRY SA
25 MULLER DAIRY RO SRL
1.588
1.488
1.488
13,898,661
29
-3,100,680
90
Braila, BRAILA
97,112,904
12
-1,118,141
120
Halchiu, BRASOV
43,623,222
19
-21,311,243
123
Bragadiru, ILFOV
26 PRIMULACT SA
1.488
42,015,624
21
-2,450,008
226
Miercurea-Ciuc,
HARGHITA
27 LACTO-SOLOMONESCU SRL
1.488
29,231,999
25
486,645
164
Vlasinesti, BOTOSANI
28 RARAUL SA
1.388
34,541,901
23
-4,789,250
155
29 SANLACTA SA
1.388
19,322,344
26
15,280
1.300
8,524,397
30
-5,478,870
PROFIT/LOSS
(2011 RON)
NO OF
EMPLOYEES
CONTACT
MANUFACTURE OF SUGAR
RANK COMPANY NAME
1
2
3
4
5
6
7
8
9
AGRANA ROMANIA SA
LEMARCO SA
ZAHARUL ORADEA SA
FABRICA DE ZAHAR BOD SA
ZAHARUL LUDUS SA
ZAHAR CORABIA SA
ZAHARUL LIESTI SA
LEMARCO CRISTAL SRL
ZAMUR TARGU MURES SA
3.525
2.788
2.725
1.975
1.938
1.788
1.550
1.475
1.250
Campulung
Moldovenesc, SUCEAVA
Santana de Mures,
87
MURES
Popesti Leordeni,
9
ILFOV
932,083,781
85,241,359
630
Bucuresti, Sector 1
342,755,084
19,994,605
100
Bucuresti, Sector 1
387,859,569
5,623,257
268
Oradea, BIHOR
53,133,724
3,773,926
256
Bod, BRASOV
72,534,749
11,148,970
213
Ludus, MURES
68,568,500
5,786,233
111
Corabia, OLT
130,279,550
-6,599,794
40
Liesti, GALATI
108,592,549
-8,484,317
418
Urziceni, IALOMITA
21,325,972
-12,365
13
Targu-Mures , MURES
MCR
FMCG
TURNOVER
MCR SCORING ANNUAL(TURNOVER
2011 RON) RANKING
PROFIT/LOSS
(2011 RON)
NO OF
EMPLOYEES
CONTACT
Pantelimon, ILFOV
TITAN SA
2.925
338,268,130
8,287,814
872
2.775
264,813,069
4,972,163
827
SAPTE SPICE SA
2.525
230,834,578
199,521
495
4
5
6
7
2.450
2.388
2.363
2.325
208,717,028
12,545,799
Bucuresti, Sector 6
110,318,424
12
12,491,745
205
Urlati, PRAHOVA
148,719,552
1,177,362
1,032
Buzau, BUZAU
156,688,866
3,476,449
605
Bacau, BACAU
2,754
Ramnicu Valcea,
VALCEA
Botiz, SATU MARE
Ramnicu Valcea,
VALCEA
Ramnicu Valcea,
Valcea
VEL PITAR SA
2.263
292,290,286
9
10
11
12
2.238
2.175
2.038
2.025
201,783,415
2,086,174
149
71,535,797
13
1,971,678
384
Sibiu, SIBIU
135,420,438
5,040,712
62
Bucuresti, Sector 1
111,483,843
11
165,784
926
Craiova, DOLJ
13 PANGRAM SA
2.025
65,055,411
14
782,009
324
Resita,
CARAS-SEVERIN
14 MORARIT-PANIFICATIE BANEASA SA
15 MOPAN SA
1.838
1.825
24,878,393
18
561,738
147
Bucuresti, Sector 1
123,535,310
10
5,336,994
674
Vaslui, VASLUI
1.738
25,260,321
17
669,467
158
Constanta,
CONSTANTA
17
18
19
20
21
22
23
24
1.688
1.638
1.600
1.588
1.488
1.388
1.375
1.288
32,966,304
15
1,571,433
77
Bucuresti, Sector 6
18,827,387
19
686,880
161
Bucuresti, Sector 2
2,708,225
24
-153,166
43
Tulcea, TULCEA
5,456,121
21
69,558
77
Bucuresti, Sector 6
9,035,912
20
-140,414
145
Galati, GALATI
4,626,182
22
-2,657,373
61
Zalau, SALAJ
29,898,195
16
-762,080
281
Galati, GALATI
3,453,141
23
-1,614,965
96
Iasi, IASI
PROFIT/LOSS
(2011 RON)
NO OF
EMPLOYEES
CONTACT
LUJERUL SA
ANA PAN SA
DELTAPAN SA
PLEVNEI SA
DEMOPAN SA
ABO MILL SA
GALMOPAN SA
COMPAN SA
-15,129,451
TURNOVER
MCR SCORING ANNUAL(TURNOVER
2011 RON) RANKING
1
2
EXPUR SA
BUNGE ROMANIA SRL
3.425
3.388
781,211,255
106,983,324
473
Urziceni, IALOMITA
1,377,067,121
-232,841
237
Buzau, BUZAU
ARGUS SA
2.875
231,042,645
7,930,422
291
Constanta,
CONSTANTA
2.875
2.775
2.675
2.625
1.588
1.538
1.488
727,113,466
-66,077
279
Bucuresti, Sector 1
222,340,428
29,744,158
282
313,656,544
-2,839,381
277
Bucuresti, Sector 1
489,975,996
2,362,422
416
Galati, GALATI
150,584,476
947,357
172
Vaslui, VASLUI
17,182,391
11,583,757
193
Tandarei, IALOMITA
101,480,930
-1,725,867
216
Bucuresti, Sector 1
4
5
6
7
8
9
10
TURNOVER
MCR SCORING ANNUAL(TURNOVER
2011 RON) RANKING
PROFIT/LOSS
(2011 RON)
NO OF
EMPLOYEES
CONTACT
1
2
COTNARI SA
ZAREA SA
2.125
2.038
99,618,820
3,475,123
292
Cotnari, IASI
47,281,446
118,712
147
Bucuresti, Sector 1
TOHANI SA
1.938
4,087,347
20
1,301,207
75
Comuna Gura
Vadului, PRAHOVA
VINCON VRANCEA SA
1.925
80,438,619
3,973,723
611
Focsani, VRANCEA
MURFATLAR ROMANIA SA
1.888
139,737,790
887,282
207
Murfatlar,
CONSTANTA
6
7
8
9
10
11
12
13
14
15
16
17
18
19
CRAMELE RECAS SA
JIDVEI SRL FILIALA ALBA
CASA DE VINURI ZORESTI SA
AGROINDUSTRIALA BUCIUM SA
ANGELLI SPUMANTE & APERITIVE SRL
CRAMELE HALEWOOD SA
VINEXPORT SA
DOMENIILE VITICOLE TOHANI SRL
VINEXPORT TRADE-MARK SA
VINIA SA
CARL REH WINERY SRL
VINARTE SA
VINCON DISTRIBUTION SRL
VERITAS PANCIU SA
1.838
1.788
1.638
1.638
1.588
1.588
1.588
1.488
1.488
1.488
1.438
1.438
1.400
1.388
59,875,383
9,118,628
76
Recas, TIMIS
93,329,997
7,994,179
165
Jidvei, ALBA
53,917,877
137,591
57
Vernesti, BUZAU
15,572,854
14
65,420
60
Iasi, IASI
50,555,688
2,978,627
99
Bucuresti, Sector 6
41,107,552
10
-2,739,783
171
Ploiesti, PRAHOVA
29,120,920
12
149,515
113
Focsani, VRANCEA
20 ROVIT SA
MANUFACTURE OF BEER
RANK COMPANY NAME
1
2
3
4
5
6
7
8
9
HEINEKEN ROMANIA SA
URSUS BREWERIES SA
UNITED ROMANIAN BREWERIES BEREPROD
SRL
BERMAS SA
CARLSROM BEVERAGE CO SRL
BERGENBIER SA
MARTENS SA
ALBRAU PROD SA
ALBRAU GRUP SRL
43,227,338
546,141
153
PRAHOVA
40,149,626
11
-8,315,797
123
Focsani, VRANCEA
11,205,053
17
-9,407,736
113
Iasi, IASI
15,205,307
15
-1,547,968
196
Bucuresti, Sector 2
11,225,494
16
166,134
67
Bucuresti, Sector 2
28,261,050
13
27,775
35
Bucuresti, Sector 3
10,812,290
18
-14,404,175
85
Panciu, VRANCEA
19
8,216
58
Valea Calugareasca,
PRAHOVA
TURNOVER
MCR SCORING ANNUAL(TURNOVER
2011 RON) RANKING
PROFIT/LOSS
(2011 RON)
NO OF
EMPLOYEES
CONTACT
1.338
4,771,255
3.813
3.363
1,042,285,902
182,888,969
1,198
Bucuresti, Sector 1
1,108,012,643
-57,660,007
1,440
Bucuresti, Sector 1
2.325
293,197,720
4,004,899
306
Pantelimon, ILFOV
23,098,100
1,915,904
205
Scheia, SUCEAVA
463,388,608
-10,806,238
471
Bucuresti, Sector 5
448,984,447
-20,831,109
573
Bucuresti, Sector 2
29,088,607
-988,297
137
Galati, GALATI
26,332,010
509,312
121
Onesti, BACAU
9,178,605
-16,101,888
Onesti, BACAU
2.288
2.275
2.175
1.838
1.738
1.400
MCR
FMCG
TURNOVER
MCR SCORING ANNUAL(TURNOVER
2011 RON) RANKING
3.813
1,738,623,539
PROFIT/LOSS
NO OF
(2011 RON) EMPLOYEES
137,399,050
CONTACT
1,744
Voluntari, ILFOV
707
Valenii de Munte,
PRAHOVA
Bucuresti, Sector 5
2.625
264,040,470
3
4
5
2.425
2.413
2.313
601,077,902
4,909,540
982
307,716,772
-51,633,401
1,014
Stei, BIHOR
541,539,708
-11,128,080
2,004
Borsec, HARGHITA
APEMIN TUSNAD SA
1.988
38,455,778
13
1,028,717
152
Tusnadu Nou,
HARGHITA
7
8
9
10
11
LA FANTANA SRL
RIO BUCOVINA SRL
APEMIN ZIZIN SA
CUMPANA 1993 SRL
AQUADOR SRL
1.925
1.875
1.788
1.725
1.700
7,991,071
83,571,198
9,719,118
439
Bucuresti, Sector 2
107,383,318
1,843,344
500
Bucuresti, Sector 1
22,389,840
16
-568,389
106
Zizin, BRASOV
38,996,387
12
413,068
378
Bucuresti, Sector 4
2,931,054
20
178,732
30
Cristian, SIBIU
1.688
28,389,721
15
1,800,081
87
13 PERLA HARGHITEI SA
1.675
67,631,345
42,576
322
14
15
16
17
18
19
20
1.638
1.600
1.588
1.400
1.388
1.388
1.300
38,049,926
14
-728,914
107
Tunari, ILFOV
16,719,196
18
2,321,688
23
Vaslui, VASLUI
PARMALAT ROMANIA SA
AGRANA JUICE ROMANIA VASLUI SRL
ALCONOR COMPANY SRL
RED BULL ROMANIA SRL
RIENI DRINKS SA
AQUA-NAT PROD & DISTRIB SRL
RAUCH ROMANIA SRL
64,279,300
10
310,185
209
48,721,372
11
-3,825,282
46
Bucuresti, Sector 3
79,309,562
-406,618
102
Rieni, BIHOR
19,658,137
17
-4,235,876
136
Suditi, BUZAU
11,232,136
19
-4,266,693
Bucuresti, Sector 1
PROFIT/LOSS
NO OF
(2011 RON) EMPLOYEES
CONTACT
1
2
3
4
5
6
7
8
9
Sancraieni,
HARGHITA
Sancraieni,
HARGHITA
TURNOVER
MCR SCORING ANNUAL(TURNOVER
2011 RON) RANKING
2.238
2.088
2.088
2.050
2.038
1.938
1.938
1.850
1.838
116,240,514
3,514,705
195
Acatari, MURES
309,396,216
-132,423,780
109
Bucuresti, Sector 1
160,570,274
6,891,413
82
Bucuresti, Sector 1
107,813,532
2,263,203
34
Bucuresti, Sector 4
17,043,540
19
1,128,056
117
Urziceni, IALOMITA
59,111,991
10
2,490,801
126
Cluj-Napoca, CLUJ
32,829,349
17
744,671
96
Cluj-Napoca, CLUJ
19,270,649
18
515,448
21
Bucuresti, Sector 1
98,622,495
59,454
71
Caldararu, ILFOV
10 EXCELSIOR SRL
1.738
62,600,628
3,091,455
120
Constanta, CONSTANTA
11
12
13
14
15
16
1.738
1.738
1.688
1.688
1.638
1.538
47,308,103
14
-156,918
112
Iasi, IASI
35,599,744
16
1,731,860
101
Cernica, ILFOV
111,531,286
-3,080,338
238
Otopeni, ILFOV
42,082,493
15
149,843
90
Bucuresti, Sector 5
OTED GRUP SA
PRODAL 94 SRL
ALEXANDRION GRUP ROMANIA SRL
EDRINKSRO SRL
DEFEL COM SRL
ANTONY GROSS EXIM SRL
59,172,812
21,123
126
Suceava, SUCEAVA
50,915,256
13
465,447
78
Bucuresti, Sector 4
300
Resita,
CARAS-SEVERIN
1.525
117,698,377
1,678,186
18 RODISTRIB SRL
19 SCANDIC DISTILLERIES SA
1.400
1.288
54,002,530
12
-741,898
48
Focsani, VRANCEA
57,993,697
11
507,807
164
Oradea, BIHOR
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
PROFIT/LOSS
NO OF
(2011 RON) EMPLOYEES
CONTACT
3.600
2.675
2.638
2.588
2.575
1,253,875,543
22,697,889
45
Bucuresti, BUCURESTI
444,432,678
56,435,043
315
Bucuresti, BUCURESTI
248,723,770
5,933,337
100
Bucuresti, BUCURESTI
219,764,897
7,802,082
136
Bucuresti, BUCURESTI
541,039,974
3,144,958
434
Brasov, BRASOV
2.413
575,287,107
1,205,208
1,951
Bucuresti, BUCURESTI
2.388
2.300
2.250
2.225
2.188
2.188
250,903,910
45,207,089
78
Bucuresti, BUCURESTI
65,362,403
23
3,503,244
32
Bucuresti, BUCURESTI
151,115,239
10
2,626,997
34
Bucuresti, BUCURESTI
142,063,583
11
15,777,982
644
Timisoara, TIMIS
183,861,295
1,364,241
69
Bucuresti, BUCURESTI
33,399,974
32
1,687,390
65
Ghiroda, TIMIS
2.138
39,941,741
30
3,434,520
73
Bucuresti, BUCURESTI
2.125
124,383,347
13
5,525,616
409
Bucuresti, BUCURESTI
2.100
2.038
2.025
2.025
2.000
1.988
1.938
1.900
1.888
1.888
1.888
1.888
1.888
1.888
1.888
1.875
108,846,535
15
196,396
26
Bucuresti, BUCURESTI
139,387,827
12
7,065,004
123
Bucuresti, BUCURESTI
110,890,565
14
8,302,959
544
Cluj-Napoca, CLUJ
61,788,268
25
1,525,026
300
Ploiesti, PRAHOVA
78,257,667
20
2,928,380
29
Bucuresti, BUCURESTI
62,608,993
24
302,770
94
Vanatori, GALATI
82,118,348
19
334,637
156
Barlad, VASLUI
69,129,698
22
879,673
41
Bucuresti, BUCURESTI
44,455,336
29
423,098
186
Cluj-Napoca, CLUJ
91,457,657
17
172,459
210
Bucuresti, BUCURESTI
74,216,156
21
1,674,820
213
Pantelimon, ILFOV
60,552,169
26
908,154
77
Pantelimon, ILFOV
57,914,808
27
954,792
69
Bucuresti, BUCURESTI
56,224,497
28
281,343
97
Bucuresti, BUCURESTI
30,450,054
33
186,165
160
Bucuresti, BUCURESTI
156,573,733
9,645,701
348
Chiajna, ILFOV
1.788
33,722,581
31
-592,187
84
Bucuresti, BUCURESTI
1.788
1.638
91,838,171
16
-910,214
118
Bucuresti, BUCURESTI
82,222,829
18
-5,124,213
242
Bucuresti, BUCURESTI
1%
Trade
t CASH & CARRY
t HYPERMARKETS
t SUPERMARKETS
t DO-IT-YOURSELF
t DISCOUNT
t MALLS & SHOPPING CENTERS
MCR
TRADE
One year ago, I was writing about how mass grocery retailers
bet on accelerated expansion, private labels and diversification
of store formats to cope with a shrinking market. It appears
nothing has changed since.
But is it?
Why not happen now? For a start, lets remember that the
growth in the retail market in the boom years has been fueled
by a rapidly increase in disposable income (not correlated with
productivity) and most important, by credit availability.
With an un-restructured banking sector, and continued
increase in the non performing loans, banks have their own
issues to sort out first and some of them are reducing their
retail operations. That means we will not see anytime soon
bankers willing to lend in the same relaxed manner as before.
On the other hand, consumers have learned to be more
prudent, as consumer confidence is rather low: population
cash savings have increased, but are sitting in bank deposits,
instead of fueling consumption. According to the latest study
performed by GfK, although the willingness to make major
purchases has risen in the last months, it is still at a very low
level.
The austerity measures from 2010 and especially the salary
cuts in the public sector have had their direct hit in the
households consumption. The average salary level increased
in August 2012 by only 1.5% (in real terms) compared to the
same month one year ago, hardly a sign of recovery. This year,
the new Government had increased salaries in the public
sector, and a new rise was recently announced for December
this year, a predictable move, given the upcoming
parliamentary elections. However, this would not be enough
to boost consumption, as the private sector was also faced
with salary corrections.
And yet, the key indicator in this sector - consumption of food,
drinks and tobacco - has increased this year. In the first 8
months of the year, retail sales increased by 4.3%, compared to
Points
140
135
130
125
120
MCR
TRADE
1
2
HYPERMARKETS
RANK COMPANY NAME
1
2
3
4
5
SUPERMARKETS
RANK COMPANY NAME
1
2
3
4
TURNOVER
MCR SCORING ANNUAL(TURNOVER
2011 RON) RANKING
4.300
3.713
95,208,230
3,408,091,410
86,702,217
4,248
Brasov, BRASOV
PROFIT/LOSS
(2011 RON)
NO OF
EMPLOYEES
CONTACT
167,624,061
4,031,266,685
133,799,794
1,378,385,595
39,962,988
1,578,059,613
-7,152,681
3,008,864,542
-120,760,658
TURNOVER
MCR SCORING ANNUAL(TURNOVER
2011 RON) RANKING
PROFIT/LOSS
(2011 RON)
3.913
3.813
2.663
2.513
ANNABELLA SRL
1.925
6
7
8
9
10
11
12
13
1.838
1.738
1.675
1.675
1.638
1.575
1.575
1.388
CONTACT
5,586,202,967
DISCOUNT
NO OF
EMPLOYEES
4,963,012,603
TURNOVER
MCR SCORING ANNUAL(TURNOVER
2011 RON) RANKING
4.350
4.300
3.763
3.313
3.300
PROFIT/LOSS
(2011 RON)
1,221,043,229
13,097,320
NO OF
EMPLOYEES
CONTACT
1,127,473,002
5,222,261
273,925,545
2,470,789
1,431
522,216,337
728,778
1,374
Chiajna, ILFOV
Ramnicu Valcea,
VALCEA
187,116,579
1,434,457
750
64,572,510
12
2,778,497
102,517,047
1,791,677
171
Medias, SIBIU
98,721,275
283,049
311
Oradea, BIHOR
97,507,273
10
-196,597
45,626,272
13
1,317,803
163,639,312
-69,630,445
90,687,194
11
-17,846,822
277
45,563,939
14
-19,995,134
TURNOVER
MCR SCORING ANNUAL(TURNOVER
2011 RON) RANKING
PROFIT/LOSS
(2011 RON)
NO OF
EMPLOYEES
CONTACT
5,145,553
2,493
Stefanestii de Jos,
ILFOV
2,476
Timisoara, TIMIS
73 Bucuresti, Sector 6
3.513
1,750,171,052
2
3
4
3.463
3.363
2.263
934,039,541
13,222,420
1,678,989,043
-283,414,839
433,791,519
-125,915,708
1,323
Voluntari, ILFOV
DO IT YOURSELF
RANK COMPANY NAME
1
2
3
4
5
6
7
8
9
10
DEDEMAN SRL
ARABESQUE SRL
AMBIENT SA
PRAKTIKER ROMANIA SRL
BRICOSTORE ROMANIA SA
BAUMAX ROMANIA SRL
ARTSANI COM SRL
HORNBACH CENTRALA SRL
OBI ROMANIA SRL
BRICO EXPERT SA
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
DISTRIBUTION COMPANIES
RANK COMPANY NAME
1
2
3
4
5
6
7
8
9
10
11
12
13
4.063
3.763
2.563
2.363
2.313
2.313
2.125
2.025
1.775
1.388
PROFIT/LOSS
(2011 RON)
NO OF
EMPLOYEES
CONTACT
2,016,376,729
205,670,978
4,646
Bacau, BACAU
1,715,508,601
34,635,851
2,530
Galati, GALATI
585,819,692
-17,013,917
1,363
Sibiu, SIBIU
661,978,291
-82,224,954
1,905
Voluntari, ILFOV
611,763,639
-2,906,016
1,584
Bucuresti, Sector 6
574,396,085
-54,771,939
1,175
Bucuresti, Sector 2
123,580,415
4,096,985
304
Ploiesti, PRAHOVA
358,916,451
-32,024,497
506
Domnesti , ILFOV
178,540,150
-50,956,765
632
Oradea, BIHOR
70,983,714
10
-3,882,203
245
Bucuresti, Sector 3
PROFIT/LOSS
(2011 RON)
NO OF
EMPLOYEES
CONTACT
Bucuresti, Sector 3
1.988
1.638
1.588
1.500
1.500
1.500
1.400
1.350
1.350
1.300
1.300
1.300
1.300
1.288
1.200
1.200
78,596,802
3,493,802
145
141,041,775
21,909,530
88
Bucuresti, Sector 1
27,575,816
-52,607,385
135
Suceava, SUCEAVA
58,727,215
-33,781,929
Cluj-Napoca, CLUJ
22,082,611
1,745,714
28
Suceava, SUCEAVA
20,844,184
11
133,729
Suceava, SUCEAVA
40,074,605
-11,411,227
Bucuresti, Sector 6
106,905,396
7,172,507
27
Bucuresti, Sector 6
20,933,037
10
443,436
20
Bacau, BACAU
66,676,307
-80,274,434
Timisoara, TIMIS
52,746,403
6,016,350
Bucuresti, Sector 5
11,464,599
15
-22,124,964
8,188,332
17
69,971
35 Constanta, CONSTANTA
14,414,440
14
-56,446,351
52 Constanta, CONSTANTA
17,660,233
12
-22,850,387
Bucuresti, Sector 4
17,070,648
13
-7,229,841
Bucuresti, Sector 4
10,400,191
16
-5,181,368
Ramnicu Valcea,
VALCEA
PROFIT/LOSS
(2011 RON)
NO OF
EMPLOYEES
CONTACT
1.000
2.925
213,184,227
12
7,982,487
488
Odorheiu secuiesc,
HARGHITA
2.788
2.738
2.688
2.625
2.625
2.575
2.575
2.538
2.525
2.175
2.075
1.788
264,051,362
5,268,709
139
Bucuresti, sector 1
384,794,152
6,815,105
72
Mizil, PRAHOVA
249,260,965
1,520,548
62
Cluj-Napoca, CLUJ
388,199,105
11,903,010
487
Bacau, BACAU
312,020,361
2,309,541
631
Ploiesti, PRAHOVA
394,501,573
4,021,904
376
Bucuresti, sector 1
246,426,412
10
7,312,277
424
Afumati ILFOV
242,035,692
11
648,884
221
Onesti, BACAU
282,092,710
1,887,738
400
Bucuresti, Sector 3
312,020,361
2,309,541
631
Prahova, PLOIESTI
457,603,358
-13,751,072
436
Otopeni, ILFOV
98,028,392
13
-2,918,029
200
MCR
2007
6,908,599
6,908,599
48,928
29,425
356,971
2008
8,031,267
8,031,267
50,458
30,295
364,952
2009
7,984,057
7,984,057
36,094
24,743
293,422
2010
8,848,949
8,848,949
38,122
32,088
174,124
2007
2008
2009
2010
80.7
78.8
87.2
86.7
2011
9,687,456
9,687,456
29,396
183,935
352,420,570
262,735,000
29%
15%
Processing rate
The National
Postal Services
Company
Processing rate
Private carriers
79%
21%
Source: The National Authority for Management and Regulation in Communications (ANCOM)
MCR
Opinion
SERGIU IORDACHE,
Getting
into
gear
components cover more than 90 percent
of the operations costs. The staff costs
also increased, the only decrease was
related to the warehouse terminals rent,
that today reached at the level of 4 or
even less than 4 euro/sqm.
THE PURSUIT OF GROWTH ON A
FRAGMENTED MARKET
One aspect of the market will be that
existing players will enhance some
specific services within their portfolio,
some of us being focused more on
forwarding rather than logistics or vice
versa. Also, it is possible that some
Romanian haulers will face downturns or
even closure of the business due to the
lack of cash flow and external financing.
M&A would be possible in the near
future, because the forwarding market is
fragmented.
BEING A FREIGHT
FORWARDER AND
LOGISTICS PROVIDER,
WE PAY ATTENTION TO
THE COST OF HAULERS
AS THIS IS CLOSELY
LINKED TO THE
EVOLUTION OF FUEL
PRICE.
ROAD TRANSPORT
RANK COMPANY NAME
TURNOVER
MCR SCORING ANNUAL(TURNOVER
2011 RON) RANKING
PROFIT/LOSS
(2011 RON)
NO OF
EMPLOYEES
CONTACT
Bucuresti, Sector 1
1
2
3
4
5
6
7
8
2.825
2.613
2.563
2.550
2.375
2.275
2.188
2.175
314,694,139
7,039,912
280
276,344,037
17,304,682
1,249
Sibiu, SIBIU
492,476,568
2,654,818
1,712
Ploiesti, PRAHOVA
686,099,298
11,190
Bucuresti, Sector 1
131,088,864
14
32,774,741
430
Bucuresti, Sector 1
110,108,031
17
5,014,082
328
Cristian, BRASOV
184,596,684
12,731,190
76
Bucuresti, Sector 2
207,315,326
58,524
689
Bucuresti, Sector 6
2.125
116,949,636
16
9,172,053
582
Drobeta Turnu
Severin, MEHEDINTI
10 CARGO SRL
2.088
81,041,125
25
3,946,545
87
Bucuresti, Sector 3
11 DUMAGAS TRANSPORT SA
2.075
205,361,292
-4,711,588
775
2.075
92,137,279
24
4,532,841
304
1.975
96,813,916
21
3,386,245
309
Bascov, ARGES
49
Podari,Sat Braniste,
DOLJ
Sannicoara, Com
Apahida, CLUJ
1.950
109,489,105
15
16
17
18
19
1.938
1.938
1.938
1.838
1.738
189,699,250
143,188
93
Bucuresti, Sector 1
128,273,271
15
3,255,375
130
Bascov, ARGES
77,516,198
26
4,606,983
91
Albota, ARGES
77,040,521
28
2,461,683
242
Curtici, ARAD
136,780,384
13
43,764
233
Timisoara, TIMIS
1.713
96,428,187
22
494,249
1,493
Cluj-Napoca, CLUJ
1.675
1.675
163,701,058
348,512
408
Arad, ARAD
68,424,370
35
-1,953,560
257
Sibiu, SIBIU
1.663
66,593,042
38
77,212
1,084
Ploiesti , PRAHOVA
1.638
141,991,733
12
799,659
210
1.638
96,986,287
20
1,250,603
240
Sfantu Gheorghe,
COVASNA
26
27
28
29
30
31
32
33
34
35
36
37
38
1.625
1.625
1.600
1.588
1.575
1.575
1.575
1.538
1.525
1.463
1.463
1.350
1.225
151,207,263
11
2,688,152
583
Dumbravta, TIMIS
92,454,651
23
5,851,969
480
Calarasi, CALARASI
69,628,191
32
362,400
40
Vadeni, BRAILA
69,571,125
33
973,580
67
Bucuresti, Sector 1
69,310,765
34
-1,174,028
297
Oradea, BIHOR
68,044,669
36
896,162
343
Brasov, BRASOV
67,588,516
37
130,893
375
Slobozia, IALOMITA
98,231,980
19
17,081
250
Saliste, SIBIU
154,182,181
10
325,140
418
Bascov, ARGES
77,417,543
27
-2,732,636
1,076
Timisoara, TIMIS
74,820,564
30
-8,784,423
1,382
Iasi, IASI
73,673,242
31
-541,434
Bucuresti, Sector 3
76,182,580
29
-940,734
353
Oradea, BIHOR
DUNCA EXPEDITII SA
ASTALROM SA
TRANSEXPED AGRO SRL
CARPAT CEMTRANS SRL
H ESSERS SRL
AGETAPS SRL
VECTOR SPEDITION SRL
TOTAL N S A SRL
INTERNATIONAL LAZAR COMPANY SRL
REGIA AUTONOMA DE TRANSPORT TIMISOARA
REGIA AUTONOMA DE TRANSPORT PUBLIC IASI RA
PANALPINA ROMANIA SRL
FRIGOEXPRES SA
18
4,739,904
MCR
1
2
3
4
CHIMPEX SA
TTS ( TRANSPORT TRADE SERVICES ) SA
SOCEP SA
TOMINI TRADING SRL
COMPANIA DE NAVIGATIE FLUVIALA ROMANA
5 NAVROM SA
6 CONSTANTA SOUTH CONTAINER TERMINAL SRL
7 SARGEANT MARINE ROMANIA SRL
8 ROMAR SHIPPING AGENCY SRL
9 COMVEX SA
10 MAYA SD TRANS SRL
11 TEAM LOGISTIC SPECIALISTS SRL
12 NORTH STAR SHIPPING SRL
13 PORT BAZINUL NOU SA
COMPANIA NATIONALA ADMINISTRATIA
14 CANALELOR NAVIGABILE SA
15 KAPITAL LEADING TRANSPORT SRL
16 MSC ROMANIA SHIPPING SRL
17 MINMETAL SA
18 ROMPORTMET SA
19 DG PETROL SRL
REGIA AUTONOMA ADMINISTRATIA FLUVIALA A
20 DUNARII DE JOS GALATI RA
2.525
2.450
2.275
2.188
NO OF
EMPLOYEES
CONTACT
12
8,817,733
264,913,404
19,207,212
59,103,455
13
7,092,137
436,407,429
18,797,771
2.125
199,359,768
-3,450,189
586
Galati, GALATI
2.025
2.000
2.000
1.938
1.900
1.900
1.888
1.825
155,412,888
58,982,757
499
Agigea, CONSTANTA
179,101,413
188,652
72,034,319
1,473,206
45 Constanta, CONSTANTA
63,216,633
11
6,306,947
55,278,825
14
2,720,299
44
Bucuresti, Sector 5
44,957,914
16
7,388,469
27
Bucuresti, Sector 3
74,119,486
27,336,515
31,937,460
20
736,613
299
Galati, GALATI
1.775
35,971,195
18
2,594,755
424
Agigea, CONSTANTA
1.700
1.688
1.588
1.588
1.488
1.475
61,009,622
PROFIT/LOSS
(2011 RON)
Bucuresti, Sector 2
29 Constanta, CONSTANTA
45,535,449
15
34,291
35
Bucuresti, Sector 2
157,002,148
12,432,781
51
Bucuresti, Sector 1
39,629,732
17
5,194,201
33,231,449
19
10,494,231
202
Galati, GALATI
82,978,946
-396,826,284
116
Bucuresti, Sector 6
68,257,594
10
703
Galati, GALATI
AIR TRANSPORT
RANK COMPANY NAME
1
2
3
4
5
6
7
8
9
10
11
12
13
14
RAIL TRANSPORT
RANK COMPANY NAME
FREIGHT TRANSPORT
RANK COMPANY NAME
1
2
3
4
5
6
7
8
9
10
PROFIT/LOSS
NO OF
(2011 RON) EMPLOYEES
CONTACT
3.013
742,857,431
45,403,645
1,545
Bucuresti, Sector 1
2.863
946,315,772
-262,224,490
2,286
Otopeni, ILFOV
2.813
2.100
1.900
474,335,158
52,608,755
1,099
Otopeni, ILFOV
293,249,163
-36,504,529
Ghiroda, TIMIS
21,239,383
13
888,408
26
Bucuresti, Sector 1
1.788
42,831,542
8,722,185
248
Timisoara, TIMIS
1.650
29,900,972
10
27,149,221
Otopeni, ILFOV
1.588
1.588
1.575
1.488
1.438
1.388
1.338
32,124,657
763,174
83
Tuzla, CONSTANTA
22,173,315
12
126,213
67
Bucuresti, Sector 1
69,783,115
10,376,613
791
Otopeni, ILFOV
40,062,426
2,566,512
198
Bucuresti, Sector 1
54,361,834
210
Cluj-Napoca, CLUJ
19,050,455
14
-8,096,135
94
Bucuresti, Sector 1
27,534,076
11
281,829
120
Bucuresti, Sector 4
PROFIT/LOSS
NO OF
(2011 RON) EMPLOYEES
CONTACT
3.450
1,107,684,939
-93,452,745
9,145
Bucuresti, Sector 1
3.400
2,189,750,845
1,522,533
13,924
Bucuresti, Sector 1
3.350
3.263
2.875
2.313
2.188
2.075
2.075
2.025
1.938
1.825
1.800
1.700
1,149,704,461
-708,455,012
23,839
Bucuresti, Sector 1
761,053,345
28,920,981
2,386
Bucuresti, Sector 1
225,505,914
8,669,801
760
Bucuresti, BRASOV
509,479,589
4,117
Bucuresti, Sector 1
132,095,113
2,218,545
52
Bucuresti, Sector 2
198,738,503
2,891,439
352
Voluntari, ILFOV
89,611,227
11
8,193,051
513
Voluntari, ILFOV
87,685,113
12
13,475,845
355
72,388,000
14
2,892,570
189
Timisoara, TIMIS
82,185,378
13
1,683,103
565
Bucuresti, Sector 2
144,082,157
984,433
22
Bucuresti, Sector 1
93,337,708
10
2,356,799
31
Bucuresti, Sector 1
PROFIT/LOSS
NO OF
(2011 RON) EMPLOYEES
CONTACT
2.513
2.375
2.188
2.088
1.988
1.750
1.738
1.725
1.650
1.600
315,691,295
4,935,208
1,059
Bucuresti, Sector 5
120,128,575
6,006,860
273
Otopeni, ILFOV
143,050,565
5,692,783
65,000,194
5,330,984
227
153,958,010
3,230,814
160
Joita, GIURGIU
121,912,345
213,997
44
Bucuresti, Sector 2
62,449,573
10
397,197
106
Bucuresti, Sector 6
83,546,352
3,121,190
83,084,120
5,850,919
39
Ghisoda, TIMIS
98,656,728
4,058,930
45
Bucuresti, Sector 1
Chiajna, ILFOV
MCR
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
TURNOVER
MCR SCORING ANNUAL(TURNOVER
2011 RON) RANKING
PROFIT/LOSS
(2011 RON)
NO OF
EMPLOYEES
CONTACT
3.450
2.813
2.375
2.375
2.275
2.075
2.025
2.025
1.925
1.838
1.838
1.825
1.788
1.738
1.675
1,264,810,799
-182,932,177
32,124
Bucuresti, Sector 2
222,633,218
43,993,292
1,137
Bucuresti, Sector 2
175,525,812
3,752,284
424
Bucuresti, Sector 1
160,820,267
11,190,242
308
Bucuresti, Sector 1
93,309,126
6,121,503
969
Bucuresti, Sector 1
16,381,372
17
909,074
571
Bucuresti, Sector 1
68,394,458
5,045,571
548
Bucuresti, Sector 4
27,364,323
12
2,598,417
470
Sibiu, SIBIU
62,818,530
2,789,613
350
Bucuresti, Sector 2
Bucuresti, Sector 1
87,036,534
790,667
115
15,164,240
19
2,211,698
105
Otopeni, ILFOV
41,822,495
4,299,537
278
Bucuresti, Sector 1
36,015,126
10
1,676,878
148
Bucuresti, Sector 1
33,869,236
11
4,017,594
53
Sibiu, SIBIU
18,656,791
15
-3,439,973
320
Bucuresti, Sector 1
1.500
16,838,596
16
14,406
17 INFODIREKT SRL
1.400
26,287,374
13
-1,138,479
10
1.338
1.288
22,608,129
14
7,924
102
Timisoara, TIMIS
16,368,573
18
-616,415
160
Bucuresti, Sector 6
Sfantu Gheorghe,
COVASNA
Piatra Neamt,
NEAMT
30.7%
decrease of domestic passenger car sales in the
first nine months of 2012, while imports of
domestic passenger car sales dropped only
19.1 percent
Automotive Industry
t PRODUCERS & IMPORTERS
t CAR DEALERS
t AUTOMOTIVE PARTS PRODUCERS
t AUTOMOTIVE PARTS DISTRIBUTORS
MCR
AUTOMOTIVE INDUSTRY
The Romanian
automotive industry:
changing gear or changing lanes?
Ariadna Oslobeanu, Senior Manager, Assurance & Advisory Business Services, Ernst & Young
PEUGEOT
1,510
3%
Other
12,238
23%
DACIA
14,292
27%
NISSAN
253
3%
IVECO
209
2%
Other
560
7%
DACIA
1,838
22%
CITROEN
553
6%
BMW
1,511
3%
TOYOTA
1,747
3%
OPEL
1,829
3% HYUNDAI
2,423
5%
MERCEDES BENZ
501
6%
VOLKSWAGEN
6,038
11%
FORD
3,480
6%
RENAULT
3,599
7%
SKODA
4,915
9%
PEUGEOT
574
7%
FORD
1,385
16%
FIAT
871
10%
RENAULT
895
10%
VOLKSWAGEN
921
11%
EXPORTS
Exports of new vehicles during the nine months of 2012 (233,728
units) are higher by 3.9% compared to the same period in 2011.
The increase is being driven by the higher export of passenger
cars by 8% (223,619 units in 2012 compared with 207,108 units in
2011), while the exports of LCVs were lower by 43.1% (10,109 units
in 2012 compared with 17,774 units in 2011). The decrease
recorded by LCVs has the same main cause, the discontinuance
of production of model Ford Transit Connect. However, it is
expected that the new Ford B-MAX will contribute to an increase
in the volumes of exports during the last quarter of the year. As
the domestic demand continues to be extremely low, the share of
the exports in total production increased during 2012,
representing 97.7% at the end of September 2012 (89.6% in 2011).
PRODUCTION
The national production of new vehicles registered a total
decrease by 4.7% (to 239,153 units) up to the end of September
2012 by 1.4% in passenger cars (to 227,952 units) and by 43.3%
(to 11,187 units) in LCVs.
Besides the impact of lower demand from domestic market, the
decrease was also determined by the discontinued production of
model Ford Transit Connect, which was replaced by the new
multi-activity vehicle Ford B-MAX, for which production was
officially launched in June 20122. Ford B-MAX is the first car to
be built at Craiova and will be manufactured exclusively in the
Romanian plant. It is estimated that approximately 60,000
vehicles will be produced until the end of this year.
Also, the production of Logan Pick-up was discontinued in May
2012, after almost 5 years of production of this model. Logan
Pick-up was launched in 2007 and during the 5 years of
production, Dacia produced a number of 31,341 vehicles, out of
which 75% were exported (main markets were France and
Turkey). Over 6,700 vehicles were sold in Romania.
In addition, Dacia launched Dacia Lodgy in June 2012 and
Dokker (the combi family model Dokker and the utilitary vehicle
Dokker VAN) in September 2012, both of which are being
produced in Marocoo. As a result, the production of Logan VAN
was discontinued at Mioveni at the beginning of August 2012
and it is expected that the production of Logan MCV (break) will
also be discontinued towards the end of 2012. Since the launch
in 2007 and until August this year at Mioveni were assembled in
total over 53,000 units of Logan VAN. Given the expected launch
of the new Logan and Sandero models, the production of the
IMPORTS
Imports of new vehicles during the first nine months decreased
by 19.1% (to 39,374 units) for passenger cars, while it increased by
0.7% (to 6,248 units) for LCVs, compared to the same period in
2011. However, the imports of second-hand vehicles continued
to increase significantly during 2012. APIA stated in June 2012
that the imports of second-hand vehicles increased by 66%
during the first half of the year, compared with 2011, and that
the majority of these second-hand vehicles is more than 10 years
old (45% of passenger cars and 60% of commercial vehicles). In
Romania, the imports of second-hand vehicles are
approximately 2.5 times higher than imports of new vehicles,
while the mature markets of Europe show a reverse ratio: 1
second-hand vehicle for each 3 new vehicles.
SUPPLIERS
According to BMI, industry data suggest that Romania boasts a
strong integrated supply base with the presence of nearly 500
suppliers, employing around 100,000 staff. Traditionally, the
segment has been dominated by electric systems manufacturers,
but this is rapidly changing as a host of foreign players such as
Michelin to Autoliv have gradually set up production in
Romania. However, BMI research shows that much of this
investment has been fairly unbalanced, as suppliers are mostly
concentrated in the western part of Romania, where numerous
industrial parks host vehicle manufacturers. More recently,
however, the southern part of the country has emerged as an
alternative region on the back of various investments. Another
major concern for the parts segment is the low level of orders
from carmakers due to slow recovery in auto production, which
may delay new investments in the country. BMI believes that
Romania offers huge potential for the parts segment. It is
strategically placed to serve demand in Western and Eastern
Europe and an improved regulatory structure following EU
accession has made it an attractive destination for investment.
MCR
Opinion
The return
to growth
MIHAI BORDEANU,
Marketing Director
Dacia & Renault Romania
ROMANIA NEEDS A
HEALTHY CAR MARKET
AND THE RETURN TO
GROWTH DEPENDS ON
THE STABILITY AND
PREDICTABILITY OF
THE LEGISLATIVE AND
FISCAL POLICIES.
AUTOMOTIVE PRODUCERS&IMPORTERS
RANK COMPANY NAME
1
2
3
4
5
6
7
9
8
10
11
12
13
14
15
16
17
18
19
20
21
22
23
AUTOMOBILE DACIA SA
PORSCHE ROMANIA SRL
MERCEDES-BENZ ROMANIA SRL
TRUST MOTORS SRL
FORD ROMANIA SA
EVW HOLDING SRL
IVECO ROMANIA SRL
AUTOMOBILE BAVARIA SRL
TOYOTA ROMANIA SRL
ROMAN SA
PREMIUM AUTO SRL
M CAR TRADING SRL
ASTRA BUS SRL
AUTO ITALIA IMPEX SRL
HYUNDAI AUTO ROMANIA SRL
SUBARU MOTORS TRADING SRL
VOLVO ROMANIA SRL
ROMCAR MOTORS SRL
GERMAN TOP TRADING SRL
KIA ROMAUTO SRL
CITROEN ROMANIA SRL
DURA AUTOMOTIVE ROMANIA SRL
HONDA TRADING ROMANIA SRL
TURNOVER
MCR SCORING ANNUAL(TURNOVER
2011 RON) RANKING
4.500
3.538
3.288
2.838
2.713
2.625
2.450
2.388
2.388
2.125
2.000
1.950
1.888
1.800
1.738
1.650
1.638
1.588
1.538
1.500
1.450
1.325
1.300
PROFIT/LOSS
(2011 RON)
NO OF
EMPLOYEES
CONTACT
13,177,841,584
275,111,397
13,652
Mioveni, ARGES
1,798,618,534
114,723,266
150
Voluntari, ILFOV
764,704,445
26,137,904
136
Bucuresti, Sector 1
248,839,423
10,898,148
75
Bucuresti, Sector 6
797,674,088
-471,350,988
3,501
Craiova, DOLJ
293,419,941
13,454,707
436
Gilau, CLUJ
203,554,231
4,118,112
25
Bucuresti, Sector 1
377,483,875
3,894,889
181
Otopeni, ILFOV
478,104,096
2,691,389
63
Voluntari, ILFOV
47,711,012
20
-6,192,368
450
Brasov, BRASOV
103,070,372
16
4,689,430
31
Bucuresti, Sector 1
122,014,764
14
909,929
41
Bucuresti, Sector 1
27,569,544
23
44,260
60
Arad, ARAD
201,976,541
10
-1,928,261
Bucuresti, Sector 2
189,643,713
11
1,908,328
53
Bucuresti, Sector 1
28,999,000
22
37,613
30
Bucuresti, Sector 1
Bucuresti, Sector 6
168,929,292
12
-3,606,619
215
84,618,079
17
-4,399,169
123
Bucuresti, Sector 1
39,776,278
21
1,578,729
65
Bucuresti, Sector 3
60,264,265
19
298,719
46
Bucuresti, Sector 1
113,138,783
15
1,603,540
39
Bucuresti, Sector 1
124,195,291
13
-241,097
501
Ghiroda, TIMIS
61,756,005
18
-6,594,121
19
Bucuresti, Sector 2
MCR
Opinion
Back in 2000?
DANA CORTINA,
General Manager,
Porsche Inter Auto Romania
DESPITE THE
HARSHNESS OF THE
FINANCIAL RESULTS,
2012 IS DIFFERENT.
OUR CHALLENGES
TODAY ARE
DEFINITELY DIFFERENT,
OUR BUSINESS
AGENDA IS DIFFERENT,
OUR OBJECTIVES AND
BENCHMARKS ARE
DIFFERENT.
CAR DEALERS
RANK COMPANY NAME
1
2
TURNOVER
MCR SCORING ANNUAL(TURNOVER
2011 RON) RANKING
PROFIT/LOSS
(2011 RON)
NO OF
EMPLOYEES
CONTACT
2.875
2.788
636,456,271
5,915,195
521
Tunari, ILFOV
376,513,172
14,112,199
135
Bucuresti, Sector 6
2.500
439,260,529
25,317,860
11
Bucuresti, Sector 1
2.475
2.388
2.375
2.275
2.188
2.088
2.038
1.988
1.988
1.938
1.900
429,536,743
-3,808,713
532
Bucuresti, Sector 1
619,656,281
14,177,119
132
Bucuresti, Sector 6
201,605,343
-5,332,217
295
Bucuresti, Sector 1
217,945,735
-4,968,999
323
Bucuresti, Sector 4
15 NURVIL SRL
1.888
16
17
18
19
20
21
22
1.888
1.838
1.838
1.788
1.775
1.688
1.688
203,197,350
7,306,893
220
Bucuresti, Sector 6
93,053,959
16
5,310,067
182
Pantelimon, ILFOV
150,081,781
10
675,142
110
Ciorogarla, ILFOV
99,255,025
14
1,029,481
136
Cluj-Napoca, CLUJ
68,921,026
26
1,460,844
92
Arad, ARAD
69,799,435
25
721,762
60
Suceava, SUCEAVA
68,330,041
27
794,516
36
Ciorogarla, ILFOV
97,885,519
15
1,883,959
178
Ramnicu Valcea,
VALCEA
78,570,453
21
2,029,402
123
Bucuresti, Sector 6
108,010,661
13
3,679,317
228
Cluj-Napoca, CLUJ
53,325,106
34
28,169
103
Iasi, IASI
59,362,636
32
-2,407,725
136
Bucuresti, Sector 1
91,457,673
17
7,481,970
309
Bucuresti, Sector 6
184,393,884
-462,149
247
Bucuresti, Sector 1
83,789,843
19
102,250
96
Timisoara, TIMIS
38
1,265,525
98
Moldova Noua,
CARAS-SEVERIN
1.688
50,333,175
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
1.675
1.650
1.638
1.588
1.588
1.588
1.488
1.488
1.488
1.488
1.388
1.388
1.338
1.288
1.175
127,159,852
12
1,523,807
434
Bucuresti, Sector 6
62,658,069
29
2,561,302
16
Bucuresti, Sector 1
64,592,543
28
12,200
120
Ghimbav, BRASOV
75,693,079
22
-354,001
109
Oradea, BIHOR
54,496,135
33
1,097,629
161
Podari, DOLJ
50,376,871
37
1,032,338
75
Bucuresti, Sector 2
86,725,181
18
-1,701,377
163
Jilava, ILFOV
72,136,408
24
544,226
132
Pitesti, ARGES
61,881,076
31
410,956
102
Bacau, BACAU
52,625,549
35
486,007
77
Bucuresti, Sector 1
141,062,438
11
-1,591,723
232
Bucuresti, Sector 1
82,813,420
20
-9,088,286
131
Bucuresti, Sector 6
50,470,086
36
-70,889
77
Voluntari, ILFOV
75,572,116
23
5,492
131
Ghimbav, BRASOV
62,213,150
30
-2,292,888
707
Bucuresti, Sector 1
MCR
AUTOMOTIVE INDUSTRY
1
2
3
4
TURNOVER
MCR SCORING ANNUAL(TURNOVER
2011 RON) RANKING
4.013
3.913
3.813
3.650
PROFIT/LOSS
(2011 RON)
NO OF
EMPLOYEES
CONTACT
Slatina, OLT
1,501,679,442
94,411,056
1,890
1,522,320,748
46,228,727
4,230
Arad, ARAD
1,911,619,925
160,959,700
3,101
Brasov, BRASOV
2,224,673,603
202,239,107
Timisoara, TIMIS
3.650
1,700,702,239
34,612,356
9,812
Sannicolau Mare,
TIMIS
6
7
8
9
10
11
12
13
14
15
16
17
18
MICHELIN ROMANIA SA
DELPHI DIESEL SYSTEMS ROMANIA SRL
JOHNSON CONTROLS ROMANIA SRL
TRW AUTOMOTIVE SAFETY SYSTEMS SRL
CONTINENTAL AUTOMOTIVE SYSTEMS SRL
CONTINENTAL AUTOMOTIVE ROMANIA SRL
SEWS ROMANIA SRL
COMPA SA
CRH ROMANIA SRL
CONTITECH FLUID AUTOMOTIVE ROMANIA SRL
KROMBERG &SCHUBERT ROMANIA SRL
MW ROMANIA SA
PREH ROMANIA SRL
3.563
3.463
3.363
3.313
3.263
3.263
3.200
3.113
2.975
2.963
2.963
2.925
2.875
2,146,783,116
44,927,593
2,657
Bucuresti, Sector 1
1,317,523,227
47,686,003
2,070
Bratuleni, IASI
1,119,868,177
10
-10,661,767
3,350
Mioveni, ARGES
Timisoara, TIMIS
878,392,258
12
23,484,769
2,788
1,264,430,015
-104,789,414
1,577
Sibiu, SIBIU
1,139,142,245
-150,597,676
3,461
Timisoara, TIMIS
Deva, Hunedoara
905,507,808
11
5,699,559
6974
475,420,370
18
17,369,837
1,782
Sibiu, SIBIU
383,968,466
23
29,874,301
550
Jimbolia, TIMIS
509,780,658
17
40,536,731
1,230
360,789,334
24
5,492,288
1,955
Timisoara, TIMIS
231,000,062
31
25,479,269
337
Dragasani, VALCEA
216,340,379
33
9,736,777
324
Ghimbav, BRASOV
2.863
664,314,181
13
16,838,477
3,413
Bistrita,
BISTRITA-NASAUD
2.863
2.863
2.838
2.825
646,344,364
14
106,239,205
1,554
Timisoara, TIMIS
612,330,127
15
15,317,650
3,489
Ploiesti, PRAHOVA
431,773,722
21
5,322,664
122
Mioveni, ARGES
436,829,312
20
35,942,357
667
Mioveni, ARGES
2.775
592,357,122
16
31,240,868
928
Sannicolau Mare,
TIMIS
25
26
27
28
29
30
31
32
33
34
35
36
2.763
2.713
2.688
2.675
2.588
2.538
2.513
2.513
2.475
2.375
2.275
2.238
274,220,700
28
27,755,616
2594
Bucuresti, Sector 2
295,424,439
27
8,831,594
3,515
Pitesti, ARGES
267,863,415
29
43,900,023
70
Bucuresti, Sector 1
304,484,903
25
16,333,470
855
Arad, ARAD
216,831,594
32
18,995,195
99
Mioveni, ARGES
251,282,400
30
5,042,173
163
Bucuresti, Sector 1
398,308,814
22
67,925,332
2,159
Sibiu, SIBIU
298,924,490
26
6,742,398
1,679
Pitesti, ARGES
473,451,143
19
9,963,363
638
Mioveni, ARGES
147,814,021
41
1,671,928
678
Cluj-Napoca, CLUJ
190,558,453
36
9,217,196
716
Pitesti, ARGES
196,832,878
35
13,236,302
204
2.225
197,249,568
34
38,813,775
400
2.225
161,951,126
37
5,474,455
894
Sanpaul, MURES
7,200,102
4,229
39
40
41
42
43
2.213
149,618,566
40
1.938
1.925
1.875
1.825
143,879,544
42
8,538,955
205
Dej, CLUJ
152,777,500
39
13,468,737
534
Bucuresti, Sector 6
155,659,429
38
8,439,895
733
Ghimbav, BRASOV
140,237,182
43
4,055,833
449
Sibiu, SIBIU
MCR
AUTOMOTIVE INDUSTRY
MCR SCORING
PROFIT/LOSS
(2011 RON)
NO OF
EMPLOYEES
CONTACT
1
2
3
3.150
2.925
2.800
3,944,561,044
1,048,546
Mioveni, ARGES
438,504,261
20,289,510
722
Bucuresti, Sector 4
201,801,702
7,527,102
12
Bucuresti, Sector 2
AUTOCORA SRL
2.700
276,022,388
9,484,310
42
Alexandria,
TELEORMAN
5
6
7
2.650
2.375
2.275
391,829,339
5,459,887
38
Bucuresti, Sector 1
180,206,495
5,134,912
339
Sasar, MARAMURES
227,720,584
-5,491,277
282
Chiajna, ILFOV
Targu Secuiesc,
COVASNA
Satu Mare, SATU
MARE
Piatra-Neamt,
NEAMT
NEXXON SRL
2.238
125,570,708
11
7,298,989
143
2.225
569,889,994
16,588,815
792
2.188
123,756,221
12
9,759,077
165
11
12
13
14
15
16
17
18
19
20
2.075
2.038
1.988
1.838
1.825
1.738
1.725
1.625
1.488
1.488
85,193,532
17
3,755,146
286
Iasi, IASI
80,022,889
19
2,488,636
91
Ernei, MURES
CONEX DISTRIBUTION SA
MARSOROM SRL
AUTO SOFT SERVICE ROTI SRL
EUROMASTER TYRE &SERVICES ROMANIA SA
MATEROM SRL
BARDI AUTO SRL
TROST AUTO SERVICE TECHNIK SRL
UNIX AUTO SRL
INTER CARS ROMANIA SRL
ELIT ROMANIA PIESE AUTO ORIGINALE SRL
133,926,985
10
6,183,889
188
Fundeni, ILFOV
88,738,585
16
1,093,733
101
Bucuresti, Sector 1
Cristesti, MURES
112,341,841
14
4,391,410
261
84,894,857
18
7,253,002
230
Chiajna, ILFOV
151,267,780
1,468,991
346
Bucuresti, Sector 6
Cluj-Napoca, CLUJ
117,755,666
13
11,845
281
100,403,296
15
-2,970,806
66
Cluj-Napoca, CLUJ
79,251,912
20
-2,736,335
170
Bucuresti, Sector 2
16%
Professional Services
t LEGAL
t MANAGEMENT CONSULTING COMPANIES
t ACCOUNTING, AUDIT, FAS & TAX
t EXECUTIVE SEARCH, RECRUITMENT AND HR MANAGEMENT
t TRAINING COMPANIES
t MARKET RESEARCH COMPANIES
t BUSINESS PROCESS OUTSOURCING
MCR
PROFESSIONAL SERVICES
Circle of trust:
relying on the right partner
Corina Mica - Freelance Journalist
Take a market, any market, and try to assess its strong points
as well as reveal the weak links that may hinder potential
business development.
Teamwork, in such cases, becomes more than just a fancy,
politically correct concept that board members like to hear
about when presented with a strategy plan. It becomes a
must-have in blurry business environments, the one thing
any potential investor has to make work.
Fade in to the otherwise bad-mouthed partners in crime
that make such plans actually come to fruition. We now get
to meet the often-despised lawyers, auditors, management
advisers or headhunters, who have built up a network so
strong that things actually start to appear brighter.
WHEN LAWYER JOKES ARE NO LONGER APPROPRIATE
Romanias development over the last 23 years has been to the
advantage of commercial law firms, with the shock treatment
of rapid privatization and a mad rush from foreign investors
seen in much of Central and Eastern Europe, meaning the
legal industry in those nations grew massively in a short
period of time.
The profession wins out when the good times roll, by fixing
mergers and acquisitions and transactions and also when the
bad times come, by dealing with liquidations and
foreclosures.
The legal services market in Romania currently witness
strong growth on the back of major deals in energy and
dispute resolution.
Of course, with crisis being everybodys go-to word
nowadays, challenges are popping out every given moment,
but the legal market in Romania is viewed by most major
players as a stable and mature enough one, highly
competitive and yielding, if not hefty profits, at least solid
basis for future development.
Although there is no official data that everyone can agree
upon to confirm the top tier of law firms in Romania, they
are understood to include names such as NNDKP, Tuca,
Musat and Bostina all Romanian-based firms. They have all
managed to grow with the economy, continue to thrive and
gain market recognition.
MCR
PROFESSIONAL SERVICES
LEGAL
RANK NAME
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
BIRIS GORAN
BPV GRIGORESCU STEFANICA
CLIFFORD CHANCE BADEA
CMS CAMERON MCKENNA SRL
D&B DAVID SI BAIAS SCA - A CORRESPONDENT LAW FIRM OF PRICEWATERHOUSECOOPERS
E PLATIS, C BAZILESCU - LIMITED LIABILITY LAW PARTNERSHIP
FILIP &ASSOCIATES SRL
KINSTELLAR BUSINESS SERVICES SARL LUXEMBURG SUCURSALA BUCURESTI
MAZARS - SCA DUNCEA, STEFANESCU &ASOCIATII
MOORE STEPHENS RIFF - ACCOUNTACY SRL
NESTOR NESTOR DICULESCU KINGSTON PETERSEN ATTORNEYS &COUNSELORS
SCA RADU TARACILA PADURARI RETEVOESCU
SPRL MENZER &BACHMANN - NOERR
SALANS
SCA &DELEANU VASILE - AVOCATI
SCA PELI FILIP
SCA TUCA ZBARCEA &ASOCIATII
SOCIETATE CIVILA DE AVOCATI CU RASPUNDERE LIMITATA BAKER, TILLY ROMANIA LEGAL SERVICES
SOCIETATE CIVILA DE AVOCATI STOICA &ASOCIATII
SOCIETATE CIVILA PROFESIONALA DE AVOCATI &STEFANICA SI FLOREA
SOCIETATE CIVILA PROFESIONALA DE AVOCATI COBUZ SI ASOCIATII
SOCIETATEA CIVILA DE AVOCATI &BADEA SI ASOCIATII
SOCIETATEA CIVILA DE AVOCATI &COSTEA, JALBA POPA SI ASOCIATII
SOCIETATEA CIVILA DE AVOCATI &DANESCU SI ASOCIATII
SOCIETATEA CIVILA DE AVOCATI &DRAGOMIR &ASOCIATII
SOCIETATEA CIVILA DE AVOCATI &GIDE LOYRETTE NOUEL - LEROY SI ASOCIATII& SCA
SOCIETATEA CIVILA DE AVOCATI &MCGREGOR &PARTENERII
SOCIETATEA CIVILA DE AVOCATI &PACHIU SI ASOCIATII
SOCIETATEA CIVILA DE AVOCATI &POPOVICI NITU &ASOCIATII
SOCIETATEA CIVILA DE AVOCATI &RATIU &RATIU
SOCIETATEA CIVILA DE AVOCATI &REFF &ASOCIATII
SOCIETATEA CIVILA DE AVOCATI &SCHOENHERR SI ASOCIATII
SOCIETATEA CIVILA DE AVOCATI &SULICA, PROTOPOPESCU, VONICA
SOCIETATEA CIVILA DE AVOCATI &VILAU &MITEL
SOCIETATEA CIVILA DE AVOCATI &VOICU &FILIPESCU
SOCIETATEA CIVILA DE AVOCATI &WOLF THEISS SI ASOCIATII
SOCIETATEA CIVILA DE AVOCATI &ZAMFIRESCU RACOTI PREDOIU
SOCIETATEA CIVILA DE AVOCATII &HAMMOND, BOGARU &ASOCIATII
SOCIETATEA CIVILA PROFESIONALA DE AVOCATI &MUSAT SI ASOCIATII
SOCIETATEA CIVILA PROFESIONALA DE AVOCATI &RUBIN, MEYER, DORU SI TRANDAFIR
SOCIETATEA PROFESIONALA CU RASPUNDERE LIMITATA&BOSTINA SI ASOCIATII
STRATULA MOCANU SI ASOCIATII
WHITE &CASE, PACHIU SCA
WOOD, OLTENASU &ASSOCIATES SCPA
tunnel, since the beginning of the previous century, scientists have continuously developed the aerodynamic and aeroacoustic qualities of
motor cars, airships and buildings. Today, excellent values ensure low consumption and longer useful life Excellence Creating Value.
Noerr in Romania
EXCELLENCE
CREATING
VALUE
MCR
PROFESSIONAL SERVICES
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
ANNUAL
TURNOVER
( 2011 RON)
ANNUAL
TURNOVER
(2010 RON)
ANNUAL
TURNOVER
GROWTH %
109,563,568
83,552,164
68,701,522
55,752,617
55,205,075
125,134,620
-12.4%
1,931,320
69,664,758
19.9%
11,319,817
1
2
3
4
5
6
7
8
9
10
11
12
CONTACT
61,300,697
12.1%
246,204
44,998,616
23.9%
1,027,259
49,906,241
10.6%
2,710,394
50,948,546
48,822,334
4.4%
-1,914,242
50,448,931
51,127,239
-1.3%
4,183,679
38,057,563
23,453,797
23,196,617
20,011,214
17,739,790
16,569,858
16,110,982
9,607,896
35,164,886
8.2%
807,582
30 Bucuresti, Sector 1
18,203,105
28.8%
2,392,708
69 Bucuresti, Sector 1
27,559,583
-15.8%
315,236
61 Bucuresti, Sector 1
23,188,292
-13.7%
3,989,727
99 Bucuresti, Sector 3
11,570,659
53.3%
3,048,538
52 Bucuresti, Sector 1
16,213,322
2.2%
-3,539,204
59 Bucuresti, Sector 1
16,135,277
-0.2%
6,059,025
70 Bucuresti, Sector 4
9,530,421
0.8%
1,308,001
36 Bucuresti, Sector 1
9,035,232
6,702,585
34.8%
507,283
13 Bucuresti, Sector 1
8,417,956
8,395,931
8,380,995
8,231,305
5,916,853
5,865,401
4,892,179
4,889,433
3,304,454
3,240,580
3,201,564
3,097,527
2,529,388
2,267,064
8,086,510
4.1%
1,105,433
41 Bucuresti, Sector 6
7,752,239
8.3%
2,490
48 Bucuresti, Sector 6
9,036,291
-7.3%
-102,658
26 Bucuresti, Sector 6
8,758,421
-6.0%
568,715
10 Bucuresti, Sector 1
5,435,434
8.9%
589,956
40 Bucuresti, Sector 1
7,443,360
-21.2%
1,058,139
33 Bucuresti, Sector 1
4,533,148
7.9%
1,342,963
11 Bucuresti, Sector 1
4,391,904
11.3%
776,883
38 Bucuresti, Sector 1
3,506,329
-5.8%
108,678
12 Bucuresti, Sector 5
3,462,384
-6.4%
-118,038
22 Bucuresti, Sector 1
3,461,358
-7.5%
586,275
20 Bucuresti, Sector 5
3,866,044
-19.9%
3,992
22 Bucuresti, Sector 3
3,006,793
-15.9%
-185,000
22 Bucuresti, Sector 1
2,518,140
-10.0%
309,329
20 Bucuresti, Sector 4
ANNUAL
TURNOVER
(2010 RON)
ANNUAL
TURNOVER
GROWTH %
220,997,557
194,123,647
13.8%
26,277,385
112,066,525
83,311,292
34.5%
18,779,606
93,100,221
41,662,609
33,599,647
19,309,399
16,908,870
16,531,227
12,298,482
8,343,094
7,887,623
5,602,975
93,933,500
-0.9%
7,952,431
40,188,730
3.7%
2,510,283
31,006,638
8.4%
4,272,570
219
Cluj-Napoca, CLUJ
15,228,511
26.8%
6,581,050
31
Petresti, ILFOV
PROFIT/LOSS
NO OF
(2011 RON) EMPLOYEES
ANNUAL
TURNOVER
( 2011 RON)
PROFIT/LOSS
NO OF
(2011 RON) EMPLOYEES
11,202
CONTACT
40,694,227
-59.4%
-2,833,221
53
Iasi, IASI
9,130,420
34.7%
1,886,746
86
Ghiroda, TIMIS
7,539,682
10.7%
1,832,471
70
Craiova, DOLJ
5,188,755
52.0%
518,841
55
Cluj-Napoca, CLUJ
613,528
10 Bucuresti, Sector 2
MCR
PROFESSIONAL SERVICES
MANAGEMENT CONSULTING
RANK COMPANY NAME
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
ANNUAL
TURNOVER
( 2011 RON)
ANNUAL
TURNOVER
(2010 RON)
ANNUAL
TURNOVER
GROWTH %
58,091,702
31,597,528
83.8%
5,549,781
25 Bucuresti, Sector 1
41,081,110
43,477,674
-5.5%
-250,602
57 Bucuresti, Sector 6
39,285,464
37,820,071
44,759,295
-12.2%
1,439,584
95 Bucuresti, Sector 2
42,694,521
-11.4%
444,493
29,265,563
40,622,882
-28.0%
2,662,865
26 Bucuresti, Sector 1
24,117,554
18,218,645
32.4%
1,376,048
48 Bucuresti, Sector 2
19,766,927
29,265,189
-32.5%
10,463,672
23 Bucuresti, Sector 1
17,745,993
20,846,617
-14.9%
-587,514
12 Bucuresti, Sector 1
14,155,755
12,244,156
10,997,109
28.7%
3,030,204
27 Bucuresti, Sector 1
15,300,385
-20.0%
1,886,916
27 Bucuresti, Sector 5
12,101,844
-392,757
34 Bucuresti, Sector 2
11,849,944
9,068,993
30.7%
5,374,388
12 Bucuresti, Sector 2
5,356,783
4,232,778
26.6%
708,619
11 Bucuresti, Sector 1
2,930,644
2,216,814
32.2%
347,570
24 Bucuresti, Sector 2
1,784,344
1,671,690
6.7%
30,866
15 Bucuresti, Sector 5
915,454
458,011
99.9%
-225,068
2 Bucuresti, Sector 1
846,876
971,450
-12.8%
69,453
15 Bucuresti, Sector 2
PROFIT/LOSS
NO OF
(2011 RON) EMPLOYEES
CONTACT
Buzau, BUZAU
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
ANNUAL
TURNOVER
( 2011 RON)
ANNUAL
TURNOVER
(2010 RON)
ANNUAL
TURNOVER
GROWTH %
112,360,432
107,083,586
90,913,421
78,188,276
64,587,732
48,743,210
45,623,401
43,859,263
37,566,242
24,793,019
18,809,076
17,511,183
12,047,510
5,049,637
4,548,921
78,717,483
42.7%
560,652
81,632,898
31.2%
2,673,020
83,459,939
8.9%
-783
76,085,057
2.8%
1,354,985
53,028,527
21.8%
270,935
44,512,466
9.5%
63,879
32,927,000
38.6%
3,093,160
40,615,175
8.0%
496,998
PROFIT/LOSS
NO OF
(2011 RON) EMPLOYEES
CONTACT
400
Timisoara, TIMIS
Craiova, DOLJ
38,576,294
-2.6%
44,456
10,130,621
144.7%
-746,696
10,325,149
82.2%
-1,242,400
5,659,555
209.4%
3,361,448
17 Bucuresti, Sector 5
13,112,110
-8.1%
193,317
5,173,171
-2.4%
-925,430
91 Bucuresti, Sector 1
3,473,545
31.0%
1,077,720
8 Bucuresti, Sector 2
3,316,663
2,225,788
49.0%
424,188
17 Bucuresti, Sector 1
2,091,799
1,777,806
1,748,351
1,569,913
33.2%
157,002
0 Bucuresti, Sector 2
1,737,273
2.3%
175,737
7 Bucuresti, Sector 5
2,557,330
-31.6%
-195,488
12 Bucuresti, Sector 1
1,601,638
1,820,316
-12.0%
211,000
16 Bucuresti, Sector 5
MCR
PROFESSIONAL SERVICES
TRAINING COMPANIES
RANK COMPANY NAME
ANNUAL
TURNOVER
( 2011 RON)
ANNUAL
TURNOVER
(2010 RON)
ANNUAL
TURNOVER
GROWTH %
PROFIT/LOSS
NO OF
(2011 RON) EMPLOYEES
CONTACT
14,155,755
10,997,109
28.7%
3,030,204
IFPTR SRL
12,827,938
12,468,452
2.9%
64,930
9,423,723
4,693,865
100.8%
729,227
45 Bucuresti, Sector 3
8,960,212
5,145,245
74.1%
3,406,934
28 Bucuresti, Sector 1
7,241,527
6,783,174
6.8%
1,001,076
66 Bucuresti, Sector 4
57,173
13 Bucuresti, Sector 4
5,920,037
-9.8%
-1,711,285
29 Bucuresti, Sector 2
5,586,857
-7.3%
170,752
73 Bucuresti, Sector 2
4,579,955
-7.4%
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
6,217,746
5,341,675
5,177,445
4,241,709
4,137,798
3,790,735
3,722,811
3,609,838
3,407,011
3,260,017
2,769,949
2,361,636
1,405,539
1,208,792
27 Bucuresti, Sector 1
65
Miercurea Ciuc,
HARGHITA
860,577
4 Bucuresti, Sector 1
145,949
14 Bucuresti, Sector 2
5,621,358
-32.6%
222,221
2,284,012
63.0%
1,983,363
8 Bucuresti, Sector 3
3,184,059
13.4%
192,478
15 Bucuresti, Sector 4
3,329,904
2.3%
77,797
15 Bucuresti, Sector 3
2,898,105
12.5%
162,603
4 Bucuresti, Sector 5
3,228,311
-14.2%
-500,396
9 Bucuresti, Sector 6
3,143,244
-24.9%
55,662
9 Bucuresti, Sector 2
5,500,480
-74.4%
13,139
36 Bucuresti, Sector 3
1,014,066
19.2%
364,523
Branesti, ILFOV
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
ANNUAL
TURNOVER
(2010 RON)
ANNUAL
TURNOVER
GROWTH %
163,785,900
144,507,591
13.3%
40,236,030
46,790,636
39,922,177
17.2%
-4,960,897
23,178,549
20,445,059
17,168,705
15,158,175
12,624,973
8,893,836
24,014,535
-3.5%
1,772,917
70 Bucuresti, Sector 1
17,994,496
13.6%
-3,046,218
15,352,501
11.8%
-314,362
14,256,156
6.3%
1,568,445
11,246,779
12.3%
200,140
1 Bucuresti, Sector 1
8,155,706
9.1%
882,822
8,266,317
15,772,589
-47.6%
-3,764,228
7,905,080
7,887,623
9,535,872
-17.1%
-559,568
5,188,755
52.0%
518,841
55
7,579,228
7,021,745
7.9%
304,265
47 Bucuresti, Sector 1
6,470,354
5,826,435
5,813,937
4,083,383
7,458,629
-13.3%
669,193
75 Bucuresti, Sector 1
5,612,393
3.8%
243,799
61 Bucuresti, Sector 2
ANNUAL
TURNOVER
( 2011 RON)
PROFIT/LOSS
NO OF
(2011 RON) EMPLOYEES
CONTACT
Corbeanca, ILFOV
48 Bucuresti, Sector 1
38 Bucuresti, Sector 1
Cluj-Napoca, CLUJ
5,071,904
14.6%
407,055
53 Bucuresti, Sector 5
5,476,389
-25.4%
-1,020,633
52 Bucuresti, Sector 1
2,563,827
2,290,320
11.9%
137,411
8 Bucuresti, Sector 2
1,549,756
2,406,024
-35.6%
-405,298
21 Bucuresti, Sector 1
1,345,770
2,039,313
-34.0%
35,080
21
Cluj-Napoca, CLUJ
Business Services
t HOTELS AND SIMILAR ACCOMMODATION
t TRAVEL AGENCIES
t SECURITY COMPANIES
t PRINTING SERVICES
MCR
BUSINESS SERVICES
2008
2009
2010
2011
-10.0%
-20.0%
Domestic
International
Contribution to GDP
Contribution to employment
30.0%
30.0%
25.0%
25.0%
20.0%
20.0%
15.0%
15.0%
10.0%
10.0%
5.0%
5.0%
0.0%
Bulgaria
Croatia
Czech
Republic
Poland
Hungary
Romania
Slovakia
0.0%
Bulgaria
Croatia
Czech
Republic
Poland
Hungary
Romania
Slovakia
Hotels by classication
10.8% 1.6%
2011f
14.0%
2010f
2009
34.1%
2008
39.5%
2007
2006
0
200
400
1-star
600
2-stars
800
3-stars
4-stars
1000
1200
1400
1-star
2-stars
3-stars
4-stars
5-stars
5-stars
3-stars
19%
4-stars
50%
0%
Source: Trend Hospitality
MCR
BUSINESS SERVICES
TRAVEL AGENCIES
RANK COMPANY NAME
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
SECURITY COMPANIES
RANK COMPANY NAME
1
2
3
4
5
6
7
8
9
10
11
12
13
14
TURNOVER
MCR SCORING ANNUAL(TURNOVER
2011 RON) RANKING
2.188
2.088
1.900
1.850
1.850
1.838
1.800
1.800
1.788
1.788
1.750
1.750
1.738
1.700
1.550
1.550
1.550
1.500
1.488
1.400
1.300
1.300
PROFIT/LOSS
(2011 RON)
NO OF
EMPLOYEES
CONTACT
Bucuresti, Sector 1
94,274,822
451,794
145
135,400,285
1,753,350
132
Cluj-Napoca, CLUJ
57,065,967
899,295
Bucuresti, Sector 5
47,926,227
12
1,410,008
27
Bucuresti, Sector 4
44,071,161
13
640,783
24
Bucuresti, Sector 2
165,426,685
910,062
100
Bucuresti, Sector 1
71,025,824
1,037,538
47
Bucuresti, Sector 2
56,085,134
2,772,565
35
Bucuresti, Sector 1
55,151,889
357,291
86
Bucuresti, Sector 4
20,632,618
21
649,731
117
Bucuresti, Sector 2
50,967,752
10
1,542,759
20
Bucuresti, Sector 1
24,048,981
19
796,159
15
Bucuresti, Sector 2
61,162,385
577,474
57
Bucuresti, Sector 2
50,756,551
11
359,906
21
Bucuresti, Sector 1
58,192,394
356,740
31
Bucuresti, Sector 1
43,511,242
14
26,381
Deva, HUNEDOARA
37,844,965
16
304,170
40
Bucuresti, Sector 1
15,837,965
22
61,166
30
Bucuresti, Sector 1
27,446,458
18
1,751,609
191
Bucuresti, Sector 5
41,179,446
15
421,067
18
Bucuresti, Sector 2
33,894,589
17
287,464
42
Bucuresti, Sector 2
22,078,908
20
-272,295
28
Bucuresti, Sector 1
TURNOVER
MCR SCORING ANNUAL(TURNOVER
2011 RON) RANKING
PROFIT/LOSS
(2011 RON)
NO OF
EMPLOYEES
CONTACT
2.163
2.113
2.088
2.063
2.025
2.013
2.013
1.938
1.850
1.825
1.738
1.663
1.513
1.475
23,152,712
13
172,143
1,122
Bucuresti, Sector 1
74,762,884
3,334,380
3,043
Bucuresti, Sector 2
151,679,305
5,280,617
120
Bucuresti, Sector 1
37,505,002
813,738
1,600
Giurgiu, GIURGIU
28,032,754
12
3,543,193
620
Bucuresti, Sector 1
109,644,577
9,950,167
2,966
Bucuresti, Sector 4
91,182,760
4,073,593
3,037
Bucuresti, Sector 2
68,056,807
8,841,455
117
Bucuresti, Sector 1
127,613,574
7,091,887
48
Bucuresti, Sector 2
30,031,429
11
311,156
890
Bucuresti, Sector 5
30,482,828
10
2,253,071
168
Bucuresti, Sector 2
65,364,830
-5,709,599
2,645
Bucuresti, Sector 2
115,785,472
-2,711,152
3,277
Bucuresti, Sector 2
20,640,142
14
-718,134
703
Bucuresti, Sector 4
1
2
3
4
5
6
7
8
9
10
11
12
13
PRINTING SERVICES
RANK COMPANY NAME
TURNOVER
MCR SCORING ANNUAL(TURNOVER
2011 RON) RANKING
2.225
47,449,554
1.875
1.738
1.738
105,581,471
32,350,814
22,424,234
1.725
1.725
1.700
1.675
103,762,136
1.675
1.675
1.638
1.438
1.300
PROFIT/LOSS
NO OF
(2011 RON) EMPLOYEES
1,187,956
268
257,164
588
Bucuresti, Sector 1
3,816,458
159
Bucuresti, Sector 1
11
2,721,459
75,226,803
10,899,016
640
21,597,157
13
116,544
418
Brasov, BRASOV
109,180,960
-17,952,159
19
Bucuresti, Sector 1
-9,433,989
362
Bucuresti, Sector 5
85,300,652
-43,142,300
796
Bucuresti, Sector 1
26,517,389
10
2,982,290
256
Bucuresti, Sector 1
37,844,036
1,168,472
228
Bucuresti, Sector 1
22,125,391
12
64,868
127
Bucuresti, Sector 1
66,246,941
8,061,861
Bucuresti, Sector 3
PROFIT/LOSS
NO OF
(2011 RON) EMPLOYEES
CONTACT
2.675
342,553,292
32,645,355
2.088
1.738
1.738
1.688
1.638
1.550
1.525
1.475
1.475
1.388
1.388
1.388
1.388
1.338
17,342,611
19
40,989,256
28,972,243
2
3
4
5
6
7
8
9
10
11
12
13
14
15
CONTACT
Bucuresti, Sector 1
Bucuresti, Sector 3
474
Bucuresti, Sector 1
1,798,983
72
Bucuresti, Sector 6
109,472
122
Apahida, CLUJ
12
2,367,198
95
Bucuresti, Sector 2
26,715,396
15
731,839
154
Bucuresti, Sector 1
34,360,700
10
42,105
161
Bucuresti, Sector 6
18,048,623
18
285,558
46
Bucuresti, Sector 4
55,600,569
16,082,596
358
Bucuresti, Sector 1
91,519,957
-7,446,035
252
Bucuresti, Sector 1
26,876,253
14
-4,740,913
262
Timisoara, TIMIS
89,614,003
-37,754,533
98
Bucuresti, Sector 1
29,505,185
11
-12,750,735
54
Bucuresti, Sector 2
25,669,325
16
-4,803,947
192
Bucuresti, Sector 5
22,202,998
17
-482,584
121
Bucuresti, Sector 2
80,125,608
-6,412,938
173
Pantelimon, ILFOV
1.300
49,096,350
-2,128,861
49
Sat Buciumeni,
CALARASI
1.288
28,470,805
13
-8,183,877
138
Buftea, ILFOV
18 INFOPRESS GROUP SA
1.275
164,738,245
-12,247,886
358
Odorheiu - Secuiesc,
HARGHITA
1.250
48,959,135
-3,653,366
34
Bucuresti, Sector 4
309
MCR
How to survive on a
shrinking market
Corina Mica - Freelance Journalist
minus seven per cent, radio (-five per cent) and TV (- four per
cent).
The TV market was the most stable one in 2011, as top media
groups hold 70 per cent of the total net market. TV stations
organized their sales policies to sell more inventories at a
lower price.
In 2011, the dynamic growth of Internet advertising
continued and it is expected to keep the same trend in 2012
as well. Social networking sites continue to develop,
attracting more and more users, hence a heftier slice of
advertising budgets.
As media habits are changing, especially for urban young
adults, digital has become the second most important
medium for many brands and their preference for online and
social media is reflected in their media strategies.
The Media Fact Book says that, being used mostly as a
tactical support, Radio has dropped marginally in 2011, losing
ad revenue in favor of online and social platforms, which are
more engaging and offer a higher flexibility for creative
communication.
Last but not least, the print market continued its decreasing
trend in 2011 but less dramatically than in previous years.
Despite innovative projects created by publishers in an
attempt to rejuvenate the print market, circulation and
readership fell for almost all publications, several titles
moving exclusively online, while others were closed or
restructured.
With no audited figures in place at the time the Media Fact
Book was printed, the OOH market registered a decline of
seven per cent in 2011, with a total spent of 31 million Euro.
At the same time, the Cinema market in Romania is defined
especially by the number of multiplexes launched along with
MCR
ADVERTISING AGENCIES
RANK COMPANY NAME
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
MCR SCORING
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
PROFIT/LOSS
(2011 RON)
NO OF
EMPLOYEES
CONTACT
7,577,453
92
Bucuresti, Sector 1
48,696,090
437,401
100
Bucuresti, Sector 1
24,204,728
10
260,311
42
Bucuresti, Sector 1
23,487,809
11
1,252,115
42
Bucuresti, Sector 3
10,813,334
14
703,118
48
Cluj-Napoca, CLUJ
38,449,263
2,589,350
85
Bucuresti, Sector 1
45,983,105
1,763,451
48
Bucuresti, Sector 1
26,148,460
813,545
14
Bucuresti, Sector 6
2.638
2.088
2.000
2.000
2.000
1.938
1.850
1.800
1.800
1.738
1.650
1.600
1.600
1.588
201,713,544
14,054,610
13
330,853
25
Bucuresti, Sector 1
8,050,489
18
364,954
84
Bucuresti, Sector 2
Bucuresti, Sector 4
8,184,022
17
641,730
39
81,198,941
876,270
43
Bucuresti, Sector 1
9,119,517
16
-846,319
22
Bucuresti, Sector 5
30,192,486
2,068,474
57
Bucuresti, Sector 2
1.500
76,798,669
56,035
Bucuresti, Sector 3
1.488
1.488
1.450
39,108,178
-6,521,282
57
Bucuresti, Sector 1
21,660,807
12
446,621
58
Bucuresti, Sector 1
9,446,802
15
440,264
28
Bucuresti, Sector 2
PROFIT/LOSS
(2011 RON)
NO OF
EMPLOYEES
CONTACT
MEDIA AGENCIES
RANK COMPANY NAME
MCR SCORING
2.500
2.200
2.150
2.100
2.100
1.950
1.900
1.850
1.800
1.800
1.700
1.700
1.700
1.688
1.675
1.650
1.650
1.600
1.600
1.600
1.600
1.550
1.550
1.500
1.500
1.488
1.400
1.400
1.388
1.388
1.300
1.200
1.200
200,435,239
8,166,672
48
Bucuresti, Sector 1
171,288,174
2,431,954
43
Bucuresti, Sector 1
9,705,998
32
876,533
28
Bucuresti, Sector 1
134,156,639
6,313,019
34
Bucuresti, Sector 1
44,040,653
14
1,710,477
13
Bucuresti, Sector 2
101,888,476
4,506,153
29
Bucuresti, Sector 4
71,809,010
1,398,760
11
Bucuresti, Sector 5
10,268,486
31
347,501
17
Bucuresti, Sector 3
87,587,372
2,426,551
30
Bucuresti, Sector 1
58,733,851
10
541,251
11
Bucuresti, Sector 2
67,752,600
1,115,699
19
Bucuresti, Sector 1
25,292,321
20
5,109,010
Bucuresti, Sector 2
14,898,757
25
412,095
10
Bucuresti, Sector 1
12,334,309
26
-147,426
74
Bucuresti, Sector 2
55,567,791
11
361,854
363
Bucuresti, Sector 2
32,288,131
18
640,215
26
Bucuresti, Sector 1
25,400,460
19
2,899,613
Bucuresti, Sector 1
132,044,263
2,382,899
37
Bucuresti, Sector 1
51,329,749
13
152,041
Bucuresti, Sector 1
10,793,953
27
164,650
24
Craiova, DOLJ
10,769,950
28
311,478
Bucuresti, Sector 1
156,067,883
175,891
Bucuresti, Sector 1
10,366,349
29
251,066
25
Bucuresti, Sector 1
42,666,516
15
385,965
10
Bucuresti, Sector 1
19,671,617
22
132,946
14
Bucuresti, Sector 1
18,493,987
24
-2,788,100
76
Bucuresti, Sector 2
19,225,406
23
-235,008
12
Bucuresti, Sector 2
10,334,411
30
-545,845
13
Bucuresti, Sector 4
53,747,836
12
-179,253
203
Constanta, CONSTANTA
8,101,753
33
-2,385,021
126
Bucuresti, Sector 2
19,830,786
21
-13,071,335
15
Bucuresti, Sector 1
39,044,794
16
-169,641
26
Bucuresti, Sector 1
32,537,508
17
-16,041,835
Bucuresti, Sector 1
PR AGENCIES
RANK COMPANY NAME
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
TURNOVER
MCR SCORING ANNUAL(TURNOVER
2011 RON) RANKING
2.200
2.050
1.950
1.900
1.900
1.900
1.900
1.850
1.850
1.850
1.700
1.650
1.650
1.650
1.600
1.600
1.450
1.450
1.450
1.388
1.300
PROFIT/LOSS
(2011 RON)
NO OF
EMPLOYEES
CONTACT
8,232,744
606,752
20
Bucuresti, Sector 1
6,955,398
1,073,444
29
Bucuresti, Sector 5
6,992,380
936,082
13
Bucuresti, Sector 3
5,933,104
10
328,126
26
Bucuresti, Sector 1
3,806,604
14
380,106
14
Bucuresti, Sector 1
2,984,870
16
94,590
15
Bucuresti, Sector 2
1,146,653
21
53,752
Bucuresti, Sector 2
4,999,028
12
141,627
Bucuresti, Sector 1
2,310,293
18
652,621
Bucuresti, Sector 1
1,982,755
19
193,211
12
Bucuresti, Sector 1
7,985,267
379,609
Bucuresti, Sector 1
10,282,246
1,905,991
10
Bucuresti, Sector 1
5,966,600
513,355
20
Bucuresti, Sector 1
3,399,525
15
599,331
12
Bucuresti, Sector 1
6,681,329
85,946
18
Bucuresti, Sector 1
2,835,346
17
33,779
Bucuresti, Sector 1
9,742,913
549,193
14
Bucuresti, Sector 1
5,847,459
11
698,996
18
Bucuresti, Sector 1
1,366,104
20
379
Bucuresti, Sector 2
32,392,199
-3,256,361
76
Bucuresti, Sector 6
4,723,353
13
-1,349,005
21
Bucuresti, Sector 1
5%
Healthcare
t MEDICAL CENTERS
t DENTAL CENTERS
MCR
HEALTHCARE
The two-headed
healthcare system
the dinosaur and the phoenix.
Expected trends for the coming years
Mihai A. Pop, MBA, Manager, Transaction Advisory Services, Ernst & Young
s*ODSFBTFEJNQBDUPGUIFQSJWBUFJOTVSBODFJOUIFEFUSJNFOU
of the public insurance, therefore further limiting the effects
of public insurance in expanding capacities and adding
investments
s*ODSFBTJOHQSJWBUFJOWFTUNFOUJOEFWFMPQJOHDIBJOTPG
clinics and adding hospital capacities 54 private hospitals
currently offer more than 3,000 beds, mostly in generalist
units
s*ODSFBTFEDPNQFUJUJPOBOEHFOFSBMNBSHJOEFDSFBTFJOUIF
clinic chains, with significant potential for restructuring
top 5 players have posted decreasing margins in 2011 versus
2009
s%FDSFBTJOHOVNCFSPGNFEJDBMTQFDJBMJTUTJOUIFNBSLFU
with a significant number leaving for Western Europe
2013 2014 THE YEARS TO DECIDE THE DECADE
The following couple of years have the potential to be
decisive in how the healthcare sector will shape for the
upcoming decades.
A number of crucial elements for the industry will have to be
finally defined, such as the business models for private
clinics, for private insurance and for private generalist
hospitals. At the same time, the public sector covering all
these markets will need to reshuffle, along with specialist
hospitals and the emergency hospitals.
On the business model side, it is important for most players
torealize that the risks posed by increased reliance on the
state budgets reimbursement of services is probably too high
UPCFBTTVNFEBTBXPSLJOHNPEFMHPJOHGPSXBSE$VSSFOUMZ
the models which work are based on private subscription and
payment for service.
Given the increasing importance of the private actors in all of
these markets, the influence they will have over the state-run
system is set to increase. Trends like increasing revenue per
customer, additional investments in specialty hospitals
(pediatrics, orthopedics, urology, obstetrics, cardiovascular
MCR
Opinion
MIHAI MARCU,
President of Medlife
The urge of
treating with
good will
PRIVATE MEDICAL
MARKET IS WORTH AN
APPROXIMATE 500
MILLION EURO AND A
DOUBLE DIGIT
GROWTH IS
ESTIMATED FOR THE
NEXT YEARS.
MEDICAL CENTERS
RANK COMPANY NAME
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
DENTAL CENTERS
RANK COMPANY NAME
1
2
3
4
5
6
7
8
9
10
BIOSTOM SRL
DENT ESTET CLINIC SRL
MEDICAL TOURS COMPANY SRL
MAIODENT SRL
M.G. MEDICAL SRL
CLINICA MEDICALA DENTIRAD SRL
DENTAL-ALEX SRL
CITY DENT SRL
DENTALMED COM SRL
DENTAL MED - CLINICA STOMATOLOGICA SRL
TURNOVER
MCR SCORING ANNUAL(TURNOVER
2011 RON) RANKING
2.088
2.038
2.025
2.000
1.988
1.988
1.938
1.938
1.925
1.875
1.850
1.850
1.788
1.775
1.775
1.775
1.738
1.725
1.688
1.663
1.588
1.588
1.575
1.575
1.575
1.488
1.475
1.475
1.475
1.438
PROFIT/LOSS
(2011 RON)
NO OF
EMPLOYEES
CONTACT
17,273,721
21
5,702,974
161
Buzau, Buzau
32,978,063
12
1,274,759
135
Timisoara, Timis
19,963,463
19
6,058,131
11,588,078
29
1,251,678
14,943,226
24
4,148,370
12,064,672
28
1,433,250
55
Craiova, Dolj
13,959,821
25
1,346,425
68
Ploiesti, Prahova
11,156,529
30
970,620
52
Craiova, Dolj
34,525,641
11
1,848,319
50
Craiova, Dolj
99,965,044
9,188,228
561
Chiajna, Ilfov
17,585,123
20
8,138,287
31
Cluj-Napoca, Cluj
13,587,330
27
1,416,338
48 Bucuresti, Sector 1
13,635,040
26
2,094,332
60,136,754
1,174,633
58,260,193
1,590,838
29,805,504
15
789,758
22,438,880
17
1,268,648
61
TIMISOARA, TIMIS
Sibiu, Sibiu
85,327,992
2,170,643
20,216,151
18
-1,556,727
166,457,784
-3,733,100
24,562,698
16
345,082
16,852,201
22
2,804,604
92,746,376
-16,326,040
68,577,456
-15,008,842
46,067,848
10
-9,746,532
16,635,179
23
282,287
129,838,182
1,319,202
81
Timisoara, Timis
50,465,154
-5,283,366
325
31,026,088
13
-8,344,865
30,110,241
14
1,273,420
241
Oradea, Bihor
TURNOVER
MCR SCORING ANNUAL(TURNOVER
2011 RON) RANKING
PROFIT/LOSS
(2011 RON)
NO OF
EMPLOYEES
CONTACT
1.900
1.850
1.850
1.850
1.700
1.700
1.700
1.650
1.550
1.500
1,366,134
10
45,383
Brasov, Brasov
16 Bucuresti, Sector 4
9,907,901
500,171
44 Bucuresti, Sector 1
6,875,374
447,337
30
3,839,188
518,020
15 Bucuresti, Sector 2
2,131,509
107,050
14 Bucuresti, Sector 2
2,053,948
133,167
38
Plopeni, Prahova
1,578,058
218,227
10
Brasov, Brasov
3,504,212
122,812
21 Bucuresti, Sector 2
2,991,224
143,541
47
6,127,873
222,788
27 Bucuresti, Sector 5
Pitesti, Arges
Brasov, Brasov
MCR
MCR