ING Bank & RBL analysis: Top 10 entrepreneurial companies from the counties of the North-West Region grew by 34% in 2022

The 60 largest companies in the North-West Region (the first 10 companies from Bihor, Bistrita-Năsăud, Cluj, Maramureș, Satu-Mare and Sălaj counties) generated a turnover of 22.564 billion lei, up by 34, 2% compared to 2021, when they recorded 16.802 billion lei. In total, 497 entrepreneurial companies from the North-West region have export activities, according to the ScaleOut 4×10 study, carried out by the Romanian Business Leaders Foundation (RBL) and ING Bank Romania.

Cluj County ranks first in terms of the total turnover of the 10 largest entrepreneurial companies, of 6.27 billion lei in 2022. Cluj county has the most entrepreneurial companies with a turnover of over 10 million euros, 110 to be exact, but also the most companies with export activities, respectively 145, according to Business-Review.eu.

The total turnover of the 10 largest entrepreneurial companies in Cluj County increased by 70%, from 3.69 billion lei in 2021 to 6.27 billion lei in 2022. Energy, construction, car import and agribusiness represent the fields from which the largest entrepreneurial companies in Cluj County come from.

Currently, 110 companies founded by entrepreneurs have a turnover of over 10 million euros.

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