01.17.2022

Rin Grand Hotel, the hotel of southern Bucharest, a EUR60 million investments, which stirred controversies at its launch in 2017, when the “biggest hotel of Europe” was announced, closed down for more

01.12.2022

Laura Ursu, general manager of Ana Hotels Poiana Brasov, says the company wants to reach 85% of 2019 turnover in 2022. more

01.10.2022

Romania's central bank on Monday (January 10) raised its benchmark interest rate to 2% a year from 1.75% a year, starting January 11, 2022. more

01.10.2022

Romania's seasonally adjusted unemployment rate reached 5.2% in November 2021, the same level as compared to October 2021, data from the country's statistics board INS showed Monday. more

12.31.2021

Romania’s central bank on Friday (Dec 31, 2022) announced an average reference rate of 4.9486 lei to the European currency. more

12.31.2021

The big bets for Romania’s economy in 2022 are related to the 4.6% economic growth rate the government is banking on and on which it built the 2022 state budget. Revenues are expected to grow 13% more

12.27.2021

Romania's unemployment rate stood at 2.72% at end-November 2021, lower by 0.04 percentage points than in October 2021 and by 0.60 percentage points than the rate recorded in November 2020, data from more

12.27.2021

Capital city of Bucharest registered 14,080 jobless people (of whom 7,497 women) at the end of November 2021, taking the unemployment rate to 1.15%, data from the Bucharest Municipal Employment Agency more

12.23.2021

Calin Ilie, head of the Romanian Hospitality Industry Federation (FIHR), says the hotel sector will end this year with a decline of just 30% against 2019, when it reported a turnover of RON6.5 more

12.15.2021

Hotel complex Parc Hotels, including four-star units Ramada Parc and Ramada Plaza of northern Bucharest, will end 2021 with 10% higher turnover, according to the company’s officials. more

12.02.2021

Romania's seasonally adjusted unemployment rate reached 5.3% in October 2021, the same level as compared to September 2021, data from the country's statistics board INS showed Thursday. more

11.23.2021

Romania’s national commission for prognosis and statistics has revised upwards its forecast on the monthly average net salary for 2022 expecting an increase of 8.9%, compared to an average net more

11.17.2021

Four-star hotel Capital Plaza, opened in 2009 and controlled by Romanian entrepreneurs, forecasts flat turnover in 2021 year-on-year. more

11.10.2021

The unemployment rate in capital Bucharest stood at 1.17% at end-September 2021, lower by 0.85 percentage points compared with 1.18% in August 2021, data from Bucharest’s employment agency showed more

11.10.2021

Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, grew to 2.55% a year on Wednesday more

11.09.2021

Romania's central bank on Tuesday (November 9) raised its benchmark interest rate to 1.75% a year from 1.5% a year, starting November 10, 2021. more

11.05.2021

Romania’s three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken before May 2019 rose 2.43% a year on Friday (November 5) more

11.03.2021

Romania's seasonally adjusted unemployment rate decreased by 0.2 percentage points to 5% in September 2021, from 5.2% in August 2021, data from the country's statistics board INS showed Wednesday. more

10.21.2021

A 12.9% annual global rate of decarbonization is now required to limit warming to 1.5°C. In 2020 the rate of global decarbonization - the reduction in carbon intensity or energy-related CO2 emissions more

10.14.2021

Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, continued its upward trend on Thursday more

10.05.2021

Romania's central bank on Tuesday (October 5) raised its benchmark interest rate to 1.5% a year from an all-time low of 1.25% a year. more

09.30.2021

Romania's seasonally adjusted unemployment rate grew by 0.1 percentage points to 5.2% on the month in July 2021, data from the country's statistics board showed Wednesday. more

09.22.2021

The Romanian leu collapsed to a new all-time low against the euro on Wednesday (September 22), as the central bank average reference rate stood at 4.9495 lei to the European currency. more

09.21.2021

Lithuanian-held Apex Alliance group, which owns five hotels in Romania, forecasts an occupancy rate of at least 60% by yearend for Marmorosch hotel of Bucharest’s old town, as the best more

09.17.2021

Romania's seasonally adjusted unemployment rate reached 5.1% in the second quarter of 2021, lower by one percentage point compared to the level reported in the previous quarter, data from the more