Romania Posts Current Account Gap of EUR8.778B in Jan-Oct
12.14.2020
Romania's current account balance posted a deficit of EUR8.778 billion in January-October, compared with a deficit of EUR9.117 billion in the same period in 2019, central bank data showed Monday.
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Romania’s Current Account Deficit Rises 71% YoY to EUR12.2B in H1 08.12.2022
Romania's current account balance posted a deficit of EUR12.2 in January-June 2022, higher by almost 71% on the EUR7.2 billion in the year-ago... more
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CFA: Romania’s Inflation Rate To Stay In Double-Digit Territory At Least For The Next 12 Months 08.11.2022
Financial analysts expect the Romanian leu will depreciate to an average of 5.1165 units to the euro in the next 12 months, while inflation is seen... more
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Romania Average Net Salary Grows 1.2% In June 2022 Vs Previous Month 08.11.2022
The average net salary in Romania increased by 1.2% in nominal terms in June 2022 compared with May 2022, to 3,977 lei (EUR811), data from the... more
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Romania’s Annual Inflation Rate At 15% In July 2022 08.11.2022
Romania's annual inflation rate accelerated to 15% in July 2022 as compared to July 2021, data from the country's statistics board INS showed... more
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Isarescu Says Banks Crossed The Line And Took ROBOR Index Way Above The Key Rate 08.09.2022
Banks have crossed the line and taken the ROBOR index way above the central bank’s policy interest rate, Romania’s central bank governor Mugur... more
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Romania Central Bank Expects Inflation To Be At 13.9% In Dec 2022 And 2.3% In June 2024 08.09.2022
Romania’s central bank forecasts an annual inflation rate of 13.9% in December 2022, of 7.5% in December 2023 and of 2.3% in June 2024, in line... more
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Romania Trade Gap Reaches EUR15.3B in 1H/2022, Up 45% YOY 08.09.2022
Romania’s trade balance posted a deficit of EUR15.3 billion in January-June 2022, EUR4.74 billion higher than in the same period of 2021, in line... more
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Central Bank: Annual Inflation Rate To See Minor Fluctuations In 3Q And Then Enter Gradual Downward Path For Three Quarters 08.05.2022
Romania’s annual inflation rate is expected to post minor fluctuations in the third quarter of 2022, then enter a gradual downward path for three... more
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Romania Industrial Production Prices Soar 48% YoY In June 2022 08.03.2022
Industrial production prices for the domestic and non-domestic markets grew by 48.1% in June 2022 versus June 2021, data from Romania’s... more
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EY: Europe’s Attractiveness For FDI Showed Signs Of Recovery After COVID-19 Pandemic 08.02.2022
Europe’s attractiveness for foreign direct investment (FDI) has shown signs of recovery following the COVID-19 pandemic with a 5% increase in the... more
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Romania Unemployment Rate At 5.3% In June 2022 08.01.2022
Romania’s unemployment rate stood at 5.3% in June 2022, lower by 0.1 percentage points than 5.4% in May 2022, data from the country’s... more
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Three-Month ROBOR Climbs to 7.71% A Year on July 27, 2022 07.27.2022
The three-month ROBOR, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019,... more
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CFA Analysts Improve Economic Growth Forecast to 3.6% for 2022, But Expect Leu at 5.11 Units/Euro in 12 Months and 11% Inflation 07.26.2022
Financial analysts part of CFA Romania association forecast the Romanian leu will decline to an average exchange rate of 5.1121 units/EUR in the... more
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Romania’s Central Bank: Private Consumption up in Q2 07.19.2022
Private consumption increased in the second quarter of 2022 compared with the year-ago period, while investments followed a downward trend, which... more
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Romania’s Central Bank: Inflation Rate to Rise until Mid Q3, 2022, Though Slower 07.19.2022
The annual inflation will increase until the middle of the third quarter of 2022, yet at a visibly slower pace, Romania’s central bank monetary... more
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Romania’s Public Debt up to over RON600B in April 07.19.2022
Romania’s public debt, in both lei and foreign currency, increased to more than RON600 billion in April 2022 from RON594 billion in March and to... more
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Romania Construction Works Rise by 16.7% In May 2022 Vs Previous Month 07.19.2022
Construction works increased by 16.7% in May 2022 against April 2022 in gross series, whole in adjusted series there was a 4.6% advance, in line... more
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European Commission Sees Romania’s Economic Growth at 3.9% in 2022 07.14.2022
Romania’s economy is expected to grow by 3.9% in 2022 and by 2.9% in 2023, the European Commission said in its summer economic forecast. more
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Romania Current Account Deficit Widens To EUR10.2B YoY In Jan-May 2022 07.14.2022
Romania's current account balance posted a deficit of EUR10.2 billion in January-May 2022, higher by 80% than EUR5.69 billion reported in the same... more
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Romania Industrial Production Inches Down 0.8% YoY In January-May 2022 07.13.2022
Romania’s industrial production decreased by 0.8% in unadjusted data in January-May 2022 compared to the same period in 2021 and was down 2.4%... more
Real estate investments in Romania neared EUR900 million in 2021, with over a third of the amount transacted being recorded in the last
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The Romanian equity of Germany’s group Metro is valued at EUR225 million, in line with data presented in a company report.
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One United Properties (ONE.RO), one of the leading green developers of residential, mixed-use and office real estate in Romania, has
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House prices per square meter in Romania are undervalued by almost 30% compared to house prices on other real estate markets in Europe,
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Five new companies listed on the Bucharest Stock Exchange will be included in the FTSE Russell index series dedicated to Emerging
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Bistrita-based Datacor plans to develop greenfield-type photovoltaic projects in Transylvania, with total 50MW capacity, as the system
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CTP, the biggest developer and manager of industrial and logistics space in Romania, has over 270,000 square meters under construction
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Ford’s assembly facility in Craiova has produced one million vehicles between 2009 and 2021, in the amount of EUR18 billion, of which
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Poland’s group CCC is bringing in Romania in 2022 the HalfPrice brand, which will operate on the fashion outlet segment, according to
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What Chances Do Romanian Entrepreneurial Companies Stand to Become “Multinationals of the East”?
A rising number of companies, not just from the tech field, are exporting their business model abroad, gaining new markets and strengthening their operations, acting as genuine “multinationals” of the East. Is this concept functional at present and can it be used in any field?