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 Construction Works Up 8.4% YoY In January-February 2022 04.21.2022
The volume of Romanian construction works increased, in unadjusted data, by 8.4%, in January-February 2022 as compared to the same period of 2021,... more
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Romania Unemployment Rate At 5.6% In 2021 Vs 6.1% In 2020 04.20.2022
Romania’s unemployment rate stood at 5.6% in 2021, lower than 6.1% in 2020, data from the country’s statistics institute INS shows on Wednesday... more
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IMF Cuts Romania's 2022 GDP Growth Forecast To 2.2% 04.20.2022
The International Monetary Fund (IMF) has lowered its economic growth projection for Romania to 2.2% for 2022 from a previous projection of 4.8%... more
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Analysts Expect Central Bank To Raise Key Rate To At Least 4.25%, See Annual Inflation At 8.03% In Next 12 Months 04.19.2022
Financial analysts expect Romania’s central bank to increase its benchmark interest rate to at least 4.25%, the national currency to depreciate... more
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S&P Affirms Romania's Sovereign Rating At BBB-; Outlook Stable 04.18.2022
International rating agency Standard&Poor’s (S&P) has affirmed Romania's sovereign rating at BBB-, in line with the other two major rating... more
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Analysts See Romania’s Annual Inflation Rate Ranging Between 8% To 10% At End-2022 04.14.2022
Half of the local financial-banking analysts expect Romania's annual inflation rate to range between 8% and 10% at the end of 2022 and 35% expect... more
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Romania Current Account Deficit Widens To EUR2.25B YoY In Jan-Feb 2022 04.13.2022
Romania's current account balance posted a deficit of EUR2.25 billion in January-February 2022, higher by 60% than EUR1.4 billion reported in the... more
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Romania Industrial Production Grows 3.9% On Month In February 2022 04.13.2022
Romania’s industrial production increased by 3.9% in unadjusted data In February 2022 compared to January 2022 and was down 1.0% when adjusted... more
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Romania’s Annual Inflation Rate Spikes To 10.2% In March 2022 04.12.2022
Romania's annual inflation rate surged to 10.2% in March 2022 compared to March 2021, data from the country's statistics board INS showed Tuesday... more
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Fitch Affirms Romania's BBB- Rating; Outlook Negative 04.11.2022
International rating agency Fitch has recently affirmed Romania's sovereign long-term rating (IDR) at BBB-, keeping it at the lowest... more
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OTP Bank Sees Romania’s GDP Growth Below 2% In 2022 04.11.2022
OTP Bank said in a report on Monday that Romania’s economic recovery is seen slowing substantially in 2022 and the country’s GDP growth is... more
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Romania’s Public Debt Grows By RON20.2B To RON595.8B In Jan-Feb 2022 04.11.2022
Romania’s public debt, in both lei and foreign currency, increased by RON20.2 billion (EUR4.1 billion) in January-February 2022, to RON596.8... more
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Romania Average Net Salary Edges Up 0.6% On Month In February 2022 04.11.2022
The average net salary in Romania increased by 0.6% in nominal terms in February 2022 compared with January 2022, to 3,721 lei (EUR753), data from... more
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Romania Posts Trade Deficit of EUR4.5B in Jan-Feb 2022 04.11.2022
Romania’s trade balance posted a EUR4.58 billion deficit during January-February period, up by EUR1.5 billion from the year-earlier period, data... more
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World Bank Cuts Romania's 2022 GDP Growth Projection To 1.9% From 4.3% Amid Ukraine War 04.11.2022
The World Bank downwardly revised its growth forecast for Romania's economy to 1.9% for 2022 from a previous projection of 4.3% in January, as per... more
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Romania's GDP Grows 2.4% In 4Q/2021 Vs 4Q/2020 04.08.2022
Romania's gross domestic product (GDP) grew by 2.4% in real terms (in unadjusted data) and by 3.9% in seasonally adjusted data in the fourth... more
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Romania Retail Sales Inch Up 0.1% On Month In February 2022 04.06.2022
Retail sales in Romania, excluding vehicle and motorcycle sales, inched up 0.1% in unadjusted data in February 2022 compared to January 2022, data... more
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EBRD Cuts Romania’s 2022 Economic Growth Forecast To 2.8% 03.31.2022
The European Bank for Reconstruction and Development (EBRD) said in an analysis on Thursday that it expects Romania’s economy to grow by 2.8% in... more
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Romania Unemployment Rate At 5.7% In February 2022 03.31.2022
Romania's seasonally adjusted unemployment rate reached 5.7% in February 2022, the same level as in January 2022, data from the country's... more
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CFA Analysts Expect GDP Growth Of 3.5% In 2022, See Leu At 5.1 Units Vs Euro, Annual Inflation At 7.28% In Next 12 Months 03.29.2022
Financial analysts expect the Romanian leu will depreciate to an average of 5.1029 units to the euro in the next 12 months, while inflation is seen... 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?