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 Posts Budget Gap Of 1.23% In Jan-April 2022 Vs 1.75% In Year-Ago Period 05.25.2022
Romania’s general consolidated budget posted RON16.33 billion deficit in the first four months of 2022, lower than the RON20.70 billion level... more
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IMF Mission To Visit Romania On May 30 - June 10 05.25.2022
An International Monetary Fund (IMF) team headed by Jan Kees Martijn, the IMF mission chief for Romania, will visit Bucharest between May 30 and... more
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EC: Romania's Public Debt Seen Nearing 73% Of GDP In Ten Years 05.24.2022
Romania's public debt will be nearing 73% of GDP within ten years, in 2032, under the baseline scenario, from just above 50% of GDP currently, as... more
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Romania Private Lending Grows 15.8% YoY To RON339B In April 2022 05.24.2022
Private lending in Romania grew by 15.8% in nominal terms (1.8% in real terms) to RON339 billion in April 2022 compared to April 2021, as local... more
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EC: Romania, France, The Netherlands, Portugal, Germany, Spain, Sweden Still Affected By Macroeconomic Imbalances 05.23.2022
The European Commission has concluded that seven countries – Romania, Germany, Spain, France, the Netherlands, Portugal and Sweden – continue... more
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Romania’s Central Bank Expects Higher Than Forecast Inflation in Dec 2022 and June 2023 05.20.2022
The Board of Romania’s central bank is not that optimistic about the trend of the inflation, which will continue to remain extremely high until... more
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Romania's GDP Grows 6.5% In 1Q/2022 Vs 1Q/2021 05.17.2022
Romania's gross domestic product (GDP) grew by 6.5% in real terms (in unadjusted data) in the first quarter of 2022 as compared to the same quarter... more
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European Commission Cuts Romania's 2022 Economic Growth Forecast To 2.6% Versus 4.2% 05.16.2022
Romania’s economy is expected to slow down its growth to 2.6% in 2022 after advancing 5.9% in 2021, the European Commission (EC) said in its... more
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Romania Current Account Deficit Widens To EUR4.6B YoY In Jan-March 2022 05.13.2022
Romania's current account balance posted a deficit of EUR4.6 billion in January-March 2022, higher by 70% than EUR2.7 billion reported in the same... more
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Romania Central Bank Revises Up Its Annual Inflation Forecast To 12.5% For End-2022 05.12.2022
Romania’s central bank has revised upwards its annual inflation rate forecast to 12.5% for the end of 2022 and to 6.7% for the end of 2023, the... more
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Romania Average Net Salary Up 5.8% In March 2022 From Previous Month 05.12.2022
The average net salary in Romania increased by 5.8% in nominal terms in March 2022 compared with February 2022, to 3,937 lei (EUR797), data from... more
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Romania Posts Trade Deficit Of Over EUR7.1B YoY In January-March 2022 05.11.2022
Romania's trade balance posted a deficit of over EUR7.1 billion in January-March 2022, higher by EUR1.8 billion compared with the first three... more
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Romania’s Annual Inflation Rate Soars To 13.8% In April 2022 05.11.2022
Romania's annual inflation rate jumped to 13.8% in April 2022 compared to April 2021, data from the country's statistics board INS showed Wednesday... more
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Prognosis Commission Cuts Romania's 2022 GDP Growth Projection To 2.9% Amid Ukraine War 05.03.2022
Romania’s national commission for prognosis and statistics in its spring report revised downward its projection for the country’s economic... more
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Romania Industrial Production Prices Surge 51.7% YoY In March 2022 05.03.2022
Industrial production prices for the domestic and non-domestic markets grew by 51.7% in March 2022 versus March 2021 and by 7% in March 2022... more
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Romania Unemployment Rate Flat At 5.7% On Month In March 2022 05.02.2022
Romania’s unemployment rate was flat on the month at 5.7% in March 2022, data from the country’s statistics institute INS shows on Monday (May... more
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Erste Group Revises Romania’s 2022 Economic Growth Forecast Downwards 04.29.2022
Erste Group, which owns Romanian lender Banca Comerciala Romana, on Friday published a report on the economy of the Central and Eastern European... more
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Govt Lowers Romania’s 2022 Economic Growth Forecast from 4.3% to 2.9% 04.28.2022
Romania’s National Commission for Strategy and Prognosis (CNSP) has published the new economic growth forecast for 2022. The new economic growth... more
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Romania Budget Deficit up 7% in Jan-March 04.27.2022
Romania’s general consolidated budget increased by 7% to RON15.7 billion in the first three months of 2022 compared with the year-ago period, the... more
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Romania Private Lending Grows 15.7% YOY to RON336.1B in March 2022 04.27.2022
Private lending in March expanded by 15.7% from the year-earlier period, to RON336.1 billion, after local currency lending increased by 20% and... 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?