What Ziarul Financiar does

Ziarul Financiar (ZF) is a Romanian business newspaper and multi-format media platform headquartered in Bucharest. The publication produces a daily print edition at a cadence of 250 issues per year, complemented by the 48-issue-per-year Business Magazin print product, more than 30 thematic supplements, and 14 annual yearbooks covering Romanian corporates, including the Top 1000 companies ranking, Top 100 most valuable companies, and Top 100 most admired CEOs. The underlying technology stack is a web-based publishing platform with an e-paper digital edition, podcast and live-video production infrastructure, a content management system, and a real-time BNR currency-converter tool covering 30+ currency pairs; no public APIs, SDKs, or AI/ML capabilities are disclosed.

The commercial model is anchored on annual subscriptions across multiple tiers (Print & Digital + Business Magazin, Print only, Digital only, and Transylvania-zone editions) priced between roughly 1,160 and 2,300+ lei+VAT per year, with student discounts and multi-user packages. Secondary revenue streams include display advertising and advertorials, sponsored editorial partnerships (notably with UniCredit Bank, CEC Bank, Banca Transilvania, and Orange Romania), the ZF Comunicate press-release distribution service, conferences and events (Conferinte ZF, ZF Live broadcasts), annual yearbook sales, and the ZFCorporate.ro B2B premium business-intelligence platform. Distribution spans print, the zf.ro website, mobile site, e-paper, YouTube, podcasts, WhatsApp, TikTok, Facebook, Instagram, LinkedIn, X, Threads, and email newsletters.

ZF targets Romanian business professionals, executives, investors, and financial-market participants as primary users, with career-oriented professionals and policy makers as secondary segments. The product portfolio has been extended over time into adjacent verticals including technology (ZF IT Generation, HiTech), young professionals (ZF Gen Z), healthcare (ZF Private Health), mobility (ZF Mobility), lifestyle (După Afaceri), and innovation (MoonshotX, MoonshotX), indicating a strategy of broadening the addressable audience and advertising surface around the core business-news franchise. The company is privately held with no disclosed parent, funding, or ownership structure.

Name

Ziarul Financiar

Legal name

Ziarul Financiar

Website

https://zf.ro

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

51–100 employees

Short description

Ziarul Financiar is a Romanian business newspaper and digital media platform publishing daily economic news, market data, and corporate analysis. It operates print, e-paper, podcast, and video channels plus the ZFCorporate B2B intelligence service, serving executives, investors, and business professionals in Romania.

Ownership category

akta.pro rank

Product category

Business News & Financial Journalism

NAICS

Newspaper Publishers (513110), Periodical Publishers (513120), Newspaper Publishers (51311)

SIC

Newspapers: Publishing Or Publishing & Printing (2711), Periodicals: Publishing Or Publishing & Printing (2721)

akta.pro primary industry

Business, Financial & Trade News Publishers (MPAJADAC)

akta.pro secondary industry

Local & Regional Newspapers (Print & Digital) (MPAJADAB)

Keywords

• Business news
• Financial journalism
• Economic media
• News subscription
• Business intelligence

Headquarters

HQ city

Bucurestii Noi

HQ country

Romania

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Digital Commerce or Content

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Supply Chain

Revenue model

1. Subscription Revenue (Print & Digital): Annual subscription packages combining print newspaper delivery with digital access, including Business Magazin print edition, thematic supplements, annual reports, and e-paper access. Primary revenue driver.
2. Print Newspaper Sales: Standalone print edition of Ziarul Financiar, delivered 250 issues per year, with regional availability (Transylvania zone). Also includes Business Magazin 48 issues annually.
3. Digital-Only Subscription: E-paper and online digital access without physical print, targeting users preferring digital consumption. Includes access to ZF Print section and profile company listings.
4. Advertising & Sponsored Content: Display advertising, advertorials, and sponsored sections across website and print. Includes branded content partnerships and conference sponsorship.
5. ZF Comunicate Service: Press release distribution service simplifying business information distribution for companies and entrepreneurs.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels14 records

Core offering

Ziarul Financiar is Romania's leading business newspaper and digital media platform, publishing 250 print issues per year alongside a daily-updated online portal (zf.ro). The company delivers Romanian economic, financial, and corporate news across multiple formats—print, e-paper, web, podcast, live video, conferences, and annual industry yearbooks—primarily through subscription-based access targeting business professionals.

Product overview

Ziarul Financiar operates as Romania's premier financial newspaper and digital news platform, offering a multi-format content ecosystem consisting of print subscriptions (Print & Digital bundles with Business Magazin), digital access, and specialized content sections. The core offering includes various subscription tiers providing access to printed newspapers, e-paper editions, and digital content. Supporting products include ZF Live (interview platform), Podcasturi ZF (audio content), ZF Corporate (premium business intelligence), and specialized verticals like ZF IT Generation, ZF Gen Z, and După Afaceri (lifestyle publication). Additional services include currency exchange rates (Curs Valutar), conference organization (Conferinte ZF), and annual industry yearbooks (Anuare ZF).

Differentiator

Problem solved

Functional benefit

Products and services

• Ziarul Financiar Print & Digital + Business Magazin Print Subscription Annual subscription bundle (2,300 lei + VAT) providing 250 print issues of Ziarul Financiar, 48 print issues of Business Magazin, 30+ thematic supplements, 14 annual yearbooks, e-paper access, ZF Print digital access for 2 users, and company profile features.
• Ziarul Financiar Print Subscription Print-only annual subscription (1,449 lei + VAT; 2,049 lei + VAT for Transylvania zone) delivering 250 printed issues of Ziarul Financiar plus Business Magazin print edition, primarily serving Transylvania region.
• Ziarul Financiar Digital + Business Magazin Print Subscription Digital subscription providing e-paper and online access, with options for 1 or 2 users and combined Business Magazin print delivery (1,160–2,049 lei + VAT/year).
• ZFCorporate Business Intelligence Platform Premium business information service (zfcorporate.ro) offering company profiles, in-depth reports, and professional business intelligence targeted at corporate decision-makers.
• Podcasturi ZF Audio podcast content platform (Podcasturi ZF) covering business and economic topics, featuring interviews with executives, economists, and industry experts.
• Conferinte ZF (Conferences & Events) Organized business conferences and industry events, including ZF Insurance summit and ZF Live discussions, providing networking and thought leadership for Romanian business leaders.
• Anuare ZF (Annual Industry Yearbooks) Annual industry yearbooks providing comprehensive rankings, analysis, and data on Romanian businesses, including 'Cei mai mari jucători din economie' (Top 1000 companies) and 'Top 100 most admired CEOs' publications.
• Curs Valutar (Currency Exchange Rate Service) Real-time and historical currency exchange rate service displaying BNR rates for 30+ currency pairs against the Romanian Leu, including EUR/RON, USD/RON, and GBP/RON with historical charts.
• După Afaceri Lifestyle Magazine Premium lifestyle and business magazine targeting business professionals, covering luxury, real estate, travel, and lifestyle topics.
• ZF Comunicate Press Release Distribution Service Professional press release distribution service enabling companies and entrepreneurs to disseminate business information through the Ziarul Financiar platform.

Quantifiable outcome

• 250 print issues published annually plus 48 Business Magazin issues
• +2 more outcomes

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• UniCredit BankcoreStrategic or Co-development PartnerUniCredit Bank partners with ZF for the '15 minute cu un antreprenor' (15 minutes with an entrepreneur) interview series, featuring Romanian entrepreneurs and business stories.
• CEC BankcoreStrategic or Co-development PartnerCEC Bank partners with ZF for 'CEC Bank pentru afaceri romanesti' (CEC Bank for Romanian business), featuring interviews and content about Romanian SME development and banking services for businesses.
• Banca TransilvaniacoreStrategic or Co-development PartnerBanca Transilvania partners with ZF for 'Targu Mures, business cu energie locala' (Targu Mures, local energy business) project showcasing regional Romanian entrepreneurship.
• Orange RomaniaminorStrategic or Co-development PartnerOrange Romania partners with ZF for TechDay coverage, focusing on technology, cybersecurity (SCUT company), and digital transformation topics.
• Business MagazincoreChannel Partner/ Reseller/ DistributorBusiness Magazin is bundled with Ziarul Financiar subscriptions as part of the print package - 48 issues annually included in subscription packages.
• TradevilleminorStrategic or Co-development PartnerTradeville (stock brokerage) featured in ZF coverage for capital markets content, IPO announcements, and investor education.
• BNR (National Bank of Romania)coreOthersZF publishes official BNR currency exchange rates daily on the platform, providing EUR/RON, USD/RON, GBP/RON and 30+ currency pair conversions.
• Bursa de Valori Bucuresti (BVB)coreOthersZF provides extensive coverage of BVB stock market activities, index performance (BET), IPOs, and listed company news as part of 'Burse-Fonduri mutuale' section.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Profit.ro: Leading Romanian digital-first business and financial news portal covering companies, markets, and macroeconomics — most direct domestic competitor to Ziarul Financiar in Romanian business news. Both target the same executive/investor audience, monetize via subscriptions and ads, and cover BVB and Romanian corporate news in real time.
• Economedia (Hotnews.ro / Economica.net): Romanian media group operating Hotnews.ro (general/business news) and Economica.net (business and economy vertical) — direct competitor in Romanian-language business journalism with overlapping executive audiences, ad inventory, and subscription models (Economedia+).
• Wall-Street.ro: Major Romanian financial and investment portal covering BVB, capital markets, personal finance, and corporate news — directly comparable to Ziarul Financiar in targeting retail/professional investors with stock-market content and personal-finance verticals.
• Capital (Capital Media): Romanian business magazine and digital platform covering business, finance, top companies, and rankings — long-standing direct peer to Ziarul Financiar in business print+digital journalism and corporate intelligence (Top 300 Capital rankings overlap with ZF yearbooks).
• Business Magazin: Romanian business magazine bundled with Ziarul Financiar subscriptions (48 issues/year) under Mediafax/Media Pro umbrella — effectively a sister brand rather than pure competitor, but a directly comparable Romanian business magazine with shared audience, ad partnerships, and 'Top 100 richest Romanians' style rankings.
• Forbes Romania: Romanian edition of the global Forbes brand covering business leaders, rankings, and wealth — competes directly with ZF for premium advertising on Romania's top executives and for share of attention around annual 'Top' lists and CEO interviews.

Broad incumbents

• Financial Times: Global English-language financial daily with premium subscription model and B2B enterprise licenses — structurally the international analog of Ziarul Financiar in monetizing professional financial journalism via subscriptions and corporate accounts; broad incumbent rather than direct competitor.
• Bloomberg Media: Global business and financial news provider with terminal-grade data products — analogous business model pillar (premium news + enterprise data/intel) at vastly larger scale; competes for the same Romanian executive attention and partially substitutes for ZF's corporate-intelligence value proposition.
• Reuters Connect / Reuters News: Global financial newswire and digital business news platform — comparable in editorial workflow (real-time corporate and market coverage) and in B2B licensing model (wire/news services to corporates); competes for senior Romanian readers and is sometimes cited as benchmark for breaking-news speed.

Others

• Mediafax Group: Long-running Romanian news agency and B2B media group that historically included Ziarul Financiar in its portfolio; comparable in operating model (press releases, business intelligence, paid newsletters such as ZF Comunicate) and serves as both a potential partner and structural analogue for ZF's B2B/professional services revenue lines.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xtwitter.com/ZiarulFinanciar
• YouTubeyoutube.com/@ZiarulFinanciarOfficial
• Facebookfacebook.com/ziarul-financiar-100184336709599
• LinkedInlinkedin.com/company/dupa-afaceri
• Instagraminstagram.com/ziarul.financiar
• TikToktiktok.com/@ziarul.financiar

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ziarul Financiar