Romania Annual Inflation Rate Climbs to 0.9% in June

07.11.2017

Romania's consumer price index hit an annual rate of 0.9% in June, from 0.6% in May, data from the country's statistics board showed Tuesday.

Eurostat: Romania Had One Of Lowest Government Debts In EU In 1Q/2017
07.20.2017

Romania saw a slight decline in the ratio of government debt to GDP, in the first quarter of 2017, among European Union member states, thus,... more
Eurostat: Romania Posts Third Lowest Inflation In EU In June 2017
07.17.2017

Romania posted the third lowest annual inflation rate in the European Union in June, of 0.7%, after Denmark (0.4%), according to data published... more
Fitch Sees Romania’s GDP Growth At 5.1% And Budget Deficit At 3.7% In 2017
07.17.2017

American rating agency Fitch forecasts, in its latest assessment of Romania’s sovereign debt, that Romania’s budget deficit will widen to 3.7%... more
Romania Posts Current Account Deficit of EUR1.969B in Jan-May
07.14.2017

Romania's current account balance posted a deficit of EUR1.969 billion in January-May, compared with a deficit of EUR1.714 billion in the same... more
Romanian Industrial Output Up 3.5% on Month in May
07.12.2017

Romania's seasonally adjusted industrial output grew 3.5% in May compared with April, data from the country's statistics board showed Wednesday. more
KeysFin: Romania’s Economy Continues To Grow, But Inflation Raises Concerns
07.11.2017

Romania's economy will continue to grow at a moderate pace in the following six months, with a significant impact from consumer demand and positive... more
Central Bank Minutes: Retailers Internalized Inflationary Pressures
07.10.2017

The presence of large retailers helped ease inflationary pressures, while uncertainties over new fiscal and wage measures spur inflation on, the... more
- Romania Central Bank Keeps Key Rate at 1.75% All-Time Low
- Isarescu: Inflation, Key Rate Will Rise Inevitably
Romania Trade Deficit Widens to EUR4.46B in January-May
07.10.2017

Romania's trade balance posted a deficit of EUR4.46 billion in January-May, EUR680 million higher than in the same period in 2016, the country's... more
Romanian Average Net Salary Down 0.1% on Month in May
07.07.2017

The net average salary in Romania decreased 0.1% in May compared with April, to 2,363 lei (around EUR516), data from the country's statistics board... more
Romania Adjusted Retail Sales Up 4.4% on Month in May
07.05.2017

Romanian adjusted retail sales, excluding vehicle sales, grew 4.4% in May compared with April, while growth in unadjusted terms stood at 4%, data... more
Isarescu: Inflation, Key Rate Will Rise Inevitably
07.04.2017

The central bank will not raise its benchmark interest rate unless inflation rises, which is inevitable, central bank governor Mugur Isarescu said... more
- Romania Central Bank Keeps Key Rate at 1.75% All-Time Low
Romania Industrial Producer Prices Drop 0.1% on Month in May
07.04.2017

Romania’s industrial producer price index decreased 0.1% in May compared with April, the country’s statistics board said Tuesday. more
Romania Unemployment Rate Grows to 5.4% in May
07.03.2017

Romania's seasonally adjusted unemployment rate grew 0.1 percentage point on month in May, to 5.4%, the country's statistics board said Monday. more
Romanian Government to Postpone VAT Cut to 18% for 2019
06.29.2017

Romania's government will postpone a standard value-added tax rate cut to 18% from 19% for 2019, according to the new government program to be... more
Alpha Bank Romania Executive President: "We Want Economic Growth To Achieve Wellbeing”
06.27.2017

Romania can use all four "engines” of the economy - services, industry, constructions and agriculture, but it must focus on capital and human... more
Romania Posts Budget Deficit of 0.27% of GDP in Jan-May
06.27.2017

Romania's general consolidated budget posted a deficit of RON2.2 billion in January-May 2017, or 0.27% of the gross domestic product (GDP), after a... more
ENGIE Romania CEO: Consumption-Based Economic Growth Is Good, But Not Sustainable
06.27.2017

Eric Stab, president of Foreign Investors Council (FIC) and Chief Executive Officer of ENGIE Romania, the largest natural gas supplier on the local... more
Romania Unemployment Rate At 5.5% in First Quarter
06.27.2017

The unemployment rate in Romania stood at 5.5% in the first quarter of 2017, the same as in the fourth quarter of 2016, the country's statistics... more
Eurostat: Romania Posts Second Lowest Inflation in EU in May
06.16.2017

Romania posted the second lowest annual inflation rate in the European Union in May, after Ireland, of 0.5%, according to data published Friday by... more
Romanian Industrial Output Down 0.5% on Month in April
06.14.2017

Romania's seasonally adjusted industrial output decreased 0.5% in April compared with March, data from the country's statistics board showed... more

BCR CEO: Romania Must Provide Confidence For Erste And BCR To Buy Risk

Romania is going through a favorable time for its economy, for business, customers are better prepared but we must not let ourselves be

BRD-Groupe Société Générale And UniCredit Bank Grant Over EUR177M Loan To A&D Pharma

BRD-Groupe Société Générale and UniCredit Bank is granting a syndicated loan worth over EUR177 million to pharmaceutical group A&D

Study: Romanian Entrepreneurs More Optimistic About Their Businesses Than European Average

Nearly half (49%) of Romanian entrepreneurs said they started their own business to feel more secure about their own future, according

C&W Echinox: Bucharest Logistical and Industrial Space Stock Grew Tenfold in 13 Years

The modern logistic and industrial space stock in Bucharest grew nearly ten times in the past 13 years, to nearly 1.2 million square

OMV Petrom Invests EUR5M In Modernizing Test Center At Petrobrazi Refinery

OMV Petrom, the largest oil and gas producer in Southeastern Europe, on Wednesday said it invested nearly EUR5 million in modernizing

Giant Bond Issue On Bucharest Stock Exchange As Globalworth Seeks To Raise EUR550M

BT Capital Partners, a top five broker in Romania, has been entrusted with the listing of the Globalworth bonds on the Bucharest Stock

Timken Opens $60M Bearing Plant in Ploiesti

US company Timken opened a new bearing factory in Romania Tuesday, near Ploiesti, following an investment of $60 million.

NEPI To Inaugurate Shopping City Ramnicu Valcea By End-2017

South-African investment fund New Europe Property Investment (NEP.RO), the largest player on the Romanian real estate market, has

ManpowerGroup: Romanian Employers Forecast Steady Job Gains In Q3/2017

28% of Romanian employers plan to add to their payrolls in the July – September 2017 timeframe, according to the Q3 edition of the

Brisegroup Budgets EUR7M Investments In Building And Upgrading Silos

Brisegroup, one of the largest grain traders and farm input wholesalers in Romania, plans to invest EUR7 million in the completion of a

Continental Plans To Boost Staff Numbers In Romania By 1,500 In 2017

Continental, one of the world’s largest car parts manufacturers, said it plans to increase the number of employees in Romania, by

Analysis

Banks Get EUR600M on Lower Reserve Ratios But Loan Interests Could Rise

Banks have around EUR600 million following the central bank's cutting of required ratios on foreign currency liabilities by two percentage points, but interests on loans could rise following international trends, despite higher market liquidity.