CFA Analysts Expect GDP Growth of 2.9% in 2022, See Leu at 5.11 Units/Euro, Annual Inflation At 9.5% in Next 12 Months

today, 10:31
Financial analysts part of CFA Romania association expect the Romanian leu to decline to an average of 5.1125 units to the euro in the next 12 months, while the estimated inflation rate will hit on average 9.50%, a new all-time high since the launch of the monthly poll CFA has conducted for over ten years.
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Startup The Outfit Raises EUR1M In New Seed Funding Round
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Romanian startup The Outfit, an online personal styling service, has raised EUR766,000 in a new seed funding round. Including this latest round,... more
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CEC Bank Lends EUR5M To RAAL Bistrita To Back Its Current Activity
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Romania's state-owned lender CEC Bank has recently granted a loan of EUR5M to cooling systems manufacturer RAAL Bistrita to support the company’s... more
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Eurostat: Romania Had Lowest Consumer Prices In Europe In 2021
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SeedBlink Partners Up With TDCX
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Holde Agri Invest And Toneli Holding Team Up To Ensure Circular Farming
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Banca Comerciala Romana Lists RON702M Green Bonds On June 22
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Banca Comerciala Romana (BCR), one of the most important financial groups in Romania, is listing a new green bonds issue, worth RON702 million,... more
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OMV Petrom Board Oks Share Capital Increase By Maximum Value of RON585M Up To RON6.2B
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OMV Petrom (SNP.RO), Romania’s only oil and gas producer, on Wednesday said that, based on the authorization received from the Extraordinary... more
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Romanians Spent EUR1.9B Abroad in Jan-April 2022, Double Vs. Year-Earlier Period
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Bakery Company La Lorraine Has EUR70M For Development
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Dai-Tech Seeks To Expand Sales Into North Africa And Middle East
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Survey: Inflation, Romanians’ Top Concern
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Agroland Agribusiness Starts Share Buyback Program
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Retailer Smyk Romania Sees Sales up 70% in 2021
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AFI Europe Gets LEED Platinum Precertification For AFI Tech Park 2 Office Building
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SeedBlink Launches Second Funding Round In Bulgaria For Agritech Startup Agriniser
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Cargus Eyes 20% Increase In Delivered Volumes In 2022
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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?