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17:20, 16.03.2020

Finance Ministry proposes 10 billion euro increase of ceiling for external market loans until 2022

The Ministry of Public Finance proposes to increase by 10 billion euros, from 31 billion euros to 41 billion euros, the ceiling available under the MTN Program, within which government securities issues can be…




09:51, 11.03.2020

Romanian capital market closes down almost 9 pct first two months of year

The Romanian capital market registered a 8.6 pct decline in the first two months of the year, after the BET index reached the maximum of the last 12 years, and the BET-TR index reached new historic highs, according…




15:09, 02.03.2020

BNR's forex reserves rise to EUR 35.830 bln, end-February

As of February 29, 2020, the forex reserves of the National Bank of Romania (BNR) rose by 0.9 pct, to EUR 35.830 billion, from EUR 35.505 billion at January 31, 2020, the central bank announced in a release sent…




13:11, 27.02.2020

Banca Transilvania posts 2019 net profit up 33pct

Banca Transilvania posted a net profit of 1.621 billion lei last year, up 32.93pct compared to 2018, according to preliminary financial results published on Thursday.Banca Transilvania Financial Group reported…




19:31, 26.02.2020

Arrears on lei loans up 3.7pct; arrears on foreign currency loans up 12.8pct, in Jan

The total value of arrears on lei loans of the population and companies accounted for 4.74 per cent billion lei in January 2020, up 3.7 per cent against the amount recorded in the previous month, while arrears…




14:44, 26.02.2020

Nuclearelectrica posts profit increasing by 31.7 pct last year

The National Company Nuclearelectrica SA (SNN) posted a net profit of 541 million lei at the end of last year, an increase by 31.7 pct compared to 2018, according to the Preliminary Unaudited Individual Financial…




19:16, 25.02.2020

UPDATE General consolidated budget deficit - 0.04pct of GDP in January

The execution of the general consolidated budget ended with a 460,000 million lei deficit (0.04 per cent of the GDP), in January, according to the data sent on Tuesday by the Ministry of Public Finance (MFP). In…




18:20, 25.02.2020

General consolidated budget deficit - 0.04pct of GDP in January

The execution of the general consolidated budget ended with a 460,000 million lei deficit (0.04 per cent of the GDP), in January, according to the data sent on Tuesday by the Ministry of Public Finance (MFP). In…




16:48, 25.02.2020

Romgaz 2019 net profit up 4.55 pct to 1.43 bln lei

The National Natural Gas Corporation Romgaz reported a 4.55 pct growth in the 2019 preliminary net profit to 1.43 billion lei, and a turnover of 5.08 billion lei, 1.52 percent higher from the year before, shows…




16:24, 25.02.2020

Romania's banking system posts 6.392bn lei in 2019 net profits, down 7.2pct from 2018

Romania's banking system turned a net profit of 6.392 billion lei in 2019, down 7.2pct from end- 2018, when it reported 6.892 billion lei, while its total assets in net value amounted to 495.3 billion lei, according…




11:43, 14.02.2020

Transelectrica's 2019 profit at 104.4 ml lei, up 28 pct

National electricity transmission system operator Transelectrica's net profit stood at 104.4 million lei last year, up 28 percent from the 81.3 million lei registered in 2018, shows a report sent on Friday to the…




12:30, 13.02.2020

BVB Group ends 2019 with net profit of 6.83 mln lei, down 33 pct

The Bucharest Stock Exchange Group (BVB) ended 2019 with a net profit of 6.83 million lei (rd 18.7 million EUR), down 33 percent compared to 2018, according to the financial data published on Thursday. At the end…




16:03, 12.02.2020

Acting AgriMin Oros: Trade balance deficit with agricultural products is close to one billion euro

Acting Agriculture Minister Adrian Oros has announced on Wednesday that this year, in which work is carried out on the 2021-2027 National Strategic Plan (PNS), the current, "not so positive trend for the Romanian…




15:34, 12.02.2020

Government debt, at the end of November 2019, is 37.1 of GDP

The debt of the public administration (government debt) totaled at the end of November, last year, 366.438 billion lei (rd 77 billion EUR), namely 37.1 of the GDP, according to data centralized by the Ministry…




15:27, 10.02.2020

Romania's 2019 trade deficit widens to 17.28 bln euros

Romania's 2019 trade deficit (FOB/CIF) widened to 17.28 billion euros, by 2.16 billion euros more than in 2018, as exports increased by 1.9 percent and imports advanced 4.2 percent, shows data released on Monday…




09:10, 05.02.2020

Official Danca: First Home programme continues this year too, with a 2-billion lei ceiling

The head of Prime Minister's Chancellery, Ionel Danca, on Tuesday announced that a government emergency ordinance was adopted to continue the "First Home" programme, the amount of money allocated by the Government…




20:05, 04.02.2020

Report:E-commerce market in Romania surpasses 4.3 billion euro, in 2019;Romanians bought 12 million euro worth daily

The e-commerce sector in Romania exceeded the value of 4.3 billion euro, at the end of 2019, an increase of 22 pct over the data of 2018, the daily average of online transactions that Romanians made being approximately…




15:39, 03.02.2020

BNR's forex reserves, up to 35.505bn lei at end-January

Currency reserves at the National Bank of Romania (BNR) increased by 7.8pct, to 35.505 billion euro, on January 31, 2020, from 32.926 million euro on December 31, 2019, according to a release from the central bank…




15:19, 29.01.2020

Cereal exports grew 16 pct in first ten months of 2019 (INS)

Romania, exported, in the first ten months of 2019, cereal worth 2.145 billion euro, by 16 pct more as compared to the similar period of last year, shows data centralized by the National Institute of Statistics…




16:33, 27.01.2020

BNR: Deposits of non-government resident customers, up 3.1 pct in December 2019

The deposits of non-government resident customers were up by 3.1 pct in December 2019 compared to the previous month, to almost 367.687 billion RON, and 11.5 pct higher (7.2 pct in real terms) compared to the same…




10:36, 23.01.2020

Romania draws 11 billion euros under Cohesion Policy, CAP

Romania has so far attracted 11.04 billion euros worth of European funds under the ongoing programming period (2014-2020), through the Cohesion Policy and the Common Agricultural Policy (CAP), to which other 7.92…




20:23, 22.01.2020

Net assets of investment funds, up to 49.5bn lei, in 2019

The net assets of the 215 investment funds registered an increase of 18.1pct in 2019, and in December last year they reached 49.5 billion lei (10.4 billion euro), informs the Fund Managers Association (AAF).The…




17:33, 21.01.2020

Romania's 2019 real estate investments top the 1-billion euro line

Romania's real estate investments went past the 1-billion euro line in 2019, standing 7 percent higher than in 2018, shows data of the research department of the real estate consulting company CBRE Romania.Last…




14:56, 13.01.2020

Current account deficit, up 21pct in first 11 months of 2019

In January - November 2019, the balance-of-payments current account posted a deficit of 9.924 billion euros, on the increase by almost 21pct, compared with 8.205 billion euros in the similar period of 2018, informs…




14:10, 13.01.2020

Foreign direct investments rise by 2.5 pct to 5.145 billion euro in first 11 months

Foreign direct investments (FDI) increased in the first 11 months of 2019 by 2.55 pct over the similar period of last year, to 5.145 billion euro, according to data published on Monday by the National Bank of Romania…




10:33, 13.01.2020

Assets of optional pension schemes at 2.47-plus bln lei as of November 30, 2019

Assets held by the optional pension system stood at 2.47-plus billion lei as of November 30, 2019, up 21.32 percent from the same period of the year before, shows data of the Financial Supervisory Authority (ASF). …




19:48, 10.01.2020

Transport Minister Bode: Romania facing 2.2 bln euros in legal claims since 2007

Transport Minister Lucian Bode said on Friday that legal claims for compensation filed against Romania since 2007 up until now stand at 2.2 billion euros, an amount that could have covered the construction of a…




10:37, 10.01.2020

Mandatory private pension plans report Nov. 2019 assets of 60.09 billion lei, up 26.48pct y-o-y

Mandatory private pension plans had assets worth over 60.09 billion lei, as of November 30, 2019, up 26.48pct y-o-y, according to data with the Financial Supervisory Authority (ASF). Government securities hold…




20:09, 07.01.2020

Transport minister: Investment needs in Romania's rail, road infrastructure - 40bn euros in 10 years

The investments needs in rail and road infrastructure in Romania amounts to about 40 billion euros in the next 10 years, and our country will have to borrow from foreign partners to achieve these goals, Minister…




19:52, 03.01.2020

Romania's forex reserves dip to 32.926 billion euros in December

As of December 31, 2019, the forex reserves of the National Bank of Romania (BNR) stood 32.926 billion euros, slightly down from 33.817 billion euros at the end of November 2019, the central bank announced in a…