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10:31, 28.10.2020

Romanian managers expect steady trends in industry, retail trade in next three months (INS)

Romanian managers are expecting relative stability in activity in the manufacturing industry and retail trade in the next three months, an increase in the number of retail trade employees and price stability in…




19:00, 27.10.2020

Measures to combat COVID-19 crisis generate more than half of 9-month budget deficit

More than half of the deficit registered in the first nine months of the year, namely 37.12 billion lei (3.51% of GDP), represent the amounts left in the economic environment through fiscal facilities, investments…




15:45, 27.10.2020

FinMin Citu: Budget deficit on first nine months is 6.36 pct of GDP

Minister of Public Finance, Florin Citu, announced on Tuesday that the budget deficit for the first nine months of this year is of 6.36 pct of the GDP, or 67.27 billion RON, according to AGERPRES."Romania, together…




15:40, 16.10.2020

Dragos Anastasiu: Firm promise of government, that flexible work program to be extended for at least 6 months

The President of the Romanian-German Chamber of Commerce and Industry (AHK), Dragos Anastasiu, said that the government's "firm promise" is that "the flexible work program, Kurzarbeit, will be extended for at least…




15:45, 14.10.2020

Foreign direct investments drop by 68 pct in first eight months

Foreign direct investments have dropped in first eight months of 2020 by 68 pct compared to the similar period of last year, to 1.396 billion euro, according to data published on Wednesday by the National Bank…




10:46, 14.10.2020

Industrial production declines 13.7pct in Romania eight months into 2020

Industrial production in Romania decreased in the first eight months of 2020 both when unadjusted and when adjusted for business days and seasonality, by 13.7% and 14.2%, respectively, compared with the same period…




19:36, 13.10.2020

Romanian automotive market shrinks 32 percent in nine months

Romania's automotive market shrank 32.3 percent in the first nine months of this year compared to the same period of 2019, yet sales of "green" cars continued their upward trend, jumping 8.6 percent YoY, shows…




12:05, 13.10.2020

Investments of 30bn lei in Romania in first nine months of 2020

The value of investments registered in Romania in the first nine months of the year is 30 billion lei, being the only country in the European Union (EU) where investments had a positive contribution to GDP dynamics…




12:26, 12.10.2020

5.1% decrease in end energy consumption in Romania, on Aug 31

End electricity consumption in Romania was 35.164 billion kWh in the first eight months of this year, 5.1% lower than the similar period in 2019, while energy resources primary education decreased by 12%, and electricity…




11:05, 12.10.2020

Annual inflation in Romania falls to 2.5pct in September 2020

The annual inflation rate in Romania fell to 2.5% in September 2020, from 2.7% in August, as food prices rose by 4.96%, services by 2.89%, and non-food goods by 0.62%, according to data released on Monday by the…




11:55, 07.10.2020

IFNs receive more than 10 million euros from foreign shareholders in first eight months of 2020

Consumer credit companies received capital injections worth 10.83 million euros from foreign shareholders in the first eight months through capital increases, up 86% compared to the same period last year, according…




13:46, 05.10.2020

Number of suspended businesses down by almost 27 pct in first eight months of 2020 (ONRC)

The number of companies that have suspended their activity decreased, in the first eight months of 2020, by 27.41% compared to the similar period of 2019, reaching 7,104, according to data published by the National…




11:50, 05.10.2020

Turnover for retail increases by 1.3 pct in first eight months

The volume of turnover in retail, with the exception of commerce with vehicles and motorcycles, rose in the first eight months of this year, over the period January 1 - August 31, 2019, both as a gross series,…




10:05, 30.09.2020

Trade Register: Over 32,000 companies deregistered in first 8 months

The number of companies deregistered nationwide decreased by 59.03% in the first eight months of 2020 compared to the same period of last year, to 32,255 deregistrations, according to statistics from the National…




21:30, 28.09.2020

Budget deficit inches 5.18 pct of GDP after first eight months of 2020

The budget deficit inched 5.18 pct of GDP after the first eight months of this year, i.e. 54.77 billion lei, from 4.7 pct of GDP, or 49.68 billion lei in the same period last year."The implementation of the consolidated…




10:56, 28.09.2020

Managers expect stable trend in industry, construction, services in next three months

Activities in industry, construction and services will have a stable trend over the next three months, while prices in construction and retail trade will increase moderately over the same period, show the managers'…




19:30, 27.09.2020

ONRC: Insolvencies drop by 10 pct in first eight months

The number of companies and authorized tradesmen (PFA) that entered insolvency has dropped by 10.11 pct in the first eight months of 2020, compared to the similar period of last year, to 3,576 insolvencies, shows…




13:15, 23.09.2020

Increase of 10 pct in registrations of motorcycles, ATVs and motor scooters, at 8 months

Registrations of motorcycles, ATVs and motor scooters in Romania have gone up by 10.3 pct in the first eight months of 2020, over the same period of last year, shows the data of the Automotive Producers' and Importers'…




13:15, 23.09.2020

Romania invests 22 billion lei in infrastructure in first eight months of the year, absolute record

Romania has invested 22 billion lei in infrastructure projects in the first eight months of the year, an absolute record for the past 10 years, Sebastian Burduja, secretary of state with the Ministry of Finance…




15:50, 20.09.2020

INS: Coal production fell by more than 37% in first seven months of 2020

Romania's net coal production totaled 1.357 million tonnes of oil equivalent (toe) in the first seven months of 2020, by 37.1% (800,200 toe), lower than in similar period of 2019, according to data centralized…




11:25, 14.09.2020

Industry turnover, down 12.8% seven months into 2020

Total industry turnover (internal market and foreign market), in nominal terms, decreased by 12.8%, between January 1 and July 31, 2020, compared to the same period in 2019 , according to data from the National…




10:50, 11.09.2020

INS: Cow's milk collection down 0.2 pct in first seven months of year

The amount of cow's milk collected by processing units in the first seven months of the year was down 0.2%, compared to the same period in 2019, standing at 684,889 tons, according to data published on Friday by…




20:55, 10.09.2020

PM Orban: We atracted 2.7 billion euros in European funds in 10 months

Prime Minister Ludovic Orban on Thursday said that the PNL (National Liberal Party) government has managed to absorb almost 2.7 billion euros in European funds, since it was installed 10 months ago, compared to…




10:00, 10.09.2020

Annual inflation rate dips to 2.7% in August

The annual inflation rate dipped to 2.7% in August this year, from 2.8% in July, given that foodstuff prices rose by 5.45%, service prices advanced by 2.97%, and non-food prices picked up by 0.75%, according to…




10:55, 09.09.2020

Almost 30,000 housing units handed over in the first 6 months

A number of 29,765 housing units were handed over in the first half of the current year, up by 2,561 units compared to the first semester of 2019, according to data published on Wednesday by the National Institute…




15:11, 07.09.2020

Meeting of Romanian Diplomacy/PM Orban: Times of diplomatic adventures upon partisan political order has gone

Reality in Romania has changed for the better for ten months and the times of diplomatic adventures done upon partisan political order has gone, Prime Minister Ludovic Orban told the opening of the Annual Meeting…




09:30, 02.09.2020

Start-ups on foreign capital decline 37pct seven months into 2020

The number of start-ups running on foreign capital in Romania decreased in the first seven months of 2020 by 37%, y-o-y, to 2,110 according to data with the National Trade Register Office (ONRC). The 2,110 new…




10:55, 31.08.2020

Number of building permits for residential buildings, down 10.5% in first seven months

The number of building permits for residential buildings issued in the first seven months of the current year was lower by 10.5%, respectively 21,992, compared to the one recorded in the corresponding period of…




14:20, 30.08.2020

Barna: USR will not participate in voting on censure motion

Save Romania Union (USR) MPs will not participate in the voting on the censure motion on Monday, USR Chairman Dan Barna announced on Sunday.He believes the Social Democratic Party's (PSD) initiative is an attempt…




20:25, 27.08.2020

Romania's exports of meat, fish products total 75.4mln lei in first five months

Romania's exports of meat and fish products totaled, in the first five months of the year, 75.4 million euros, being 1.4% higher compared to those in the same period of 2019, according to data centralized by the…