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13:05, 18.03.2024

Bucharest stock market opens Mondays trading session in the green

Bucharest stock market opens Monday's trading session in the green

The Bucharest Stock Exchange (BVB) opened Monday's trading session with almost all indices on the rise and RON 4.175 million (839.951 euros) worth of transactions performed in the first 45 minutes after the start…




17:30, 12.03.2024

We expect GDP growth of 3.1% this year and 3.3% in 2025 (OECDs Cormann)

We expect GDP growth of 3.1% this year and 3.3% in 2025 (OECD's Cormann)

Romania's economy could grow by 3.1 percent this year and 3.3 percent next year, secretary general of the Organization for Economic Cooperation and Development Mathias Cormann said on Tuesday at the Romanian gov't…




13:41, 04.03.2024

Romanias cigarette black market dips to 7.7 pct in January (survey)

Romania's cigarette black market dips to 7.7 pct in January (survey)

Romania's cigarette black market dipped slightly in January 2024 to 7.7 percent of total consumption from 8.5 percent at the end of 2023, shows a survey by Novel Research. "January's most substantial decrease in…




10:26, 04.03.2024

Unemployment rate rises to 5.7 pct in January

Unemployment rate rises to 5.7 pct in January

Romania's seasonally adjusted unemployment rate in January 2024 stood at 5.7 percent, up by 0.1 percentage points compared to December 2023, data published Monday by the National Institute of Statistics (INS) show.…




10:40, 28.02.2024

Romanian processing industry managers expecting moderate increase in production volume over next 3 months

Romanian processing industry managers expecting moderate increase in production volume over next 3 months

Romanian processing industry managers are expecting a moderate increase in production volume (short-term percentage balance + 6%) over the next three months, according to a February 2024 business survey published…




21:40, 27.02.2024

Bucharest stocks close lower on Tuesday

Bucharest stocks close lower on Tuesday

The Bucharest Stock Exchange (BVB) closed Tuesday's trading session with all indices in the red and RON 57.36 million (11.54 million euros) worth of trades. The main BET index, which tracks the most liquid 20 companies,…




14:00, 23.02.2024

Non-government loans dip 0.6 pct this January

Non-government loans dip 0.6 pct this January

Loans granted by credit institutions to the non-government sector dipped 0.6 percent in January 2024 from December 2023 (-1.7 percent in real terms) to RON 384.757 billion, the National Bank of Romania (BNR) said…




11:50, 21.02.2024

Las years motor vehicle trade turnover up 20.3 pct, unadjusted

Las year's motor vehicle trade turnover up 20.3 pct, unadjusted

The 2023 turnover of wholesale and retail trade, and the maintenance and repair of motor vehicles and motorcycles was 11 percent up, unadjusted, from the year before, mainly due to growth in trade in motor vehicles…




15:25, 15.02.2024

National Reading Day marked through debate at Romanian Academy Library

National Reading Day marked through debate at Romanian Academy Library

National Reading Day was marked on Thursday through a debate held at the Library of the Romanian Academy and attended by students from several Bucharest high schools alongside the initiators of the law that created…




14:31, 15.02.2024

Germany now world’s third-largest economy, as Japan slips into recession

Germany now world’s third-largest economy, as Japan slips into recession

Germany is now the world’s third-largest economy, after Japan unexpectedly slipped into recession, according to Politico. Japan’s economy shrank by an unexpected 0.4 percent in the last quarter of 2023, according…




15:50, 12.02.2024

Romania has received EUR 22.846 bn from the Cohesion Policy 2014-2020 allocation

Romania has received EUR 22.846 billion from the Cohesion policy 2014-2020 allocation and has reached an absorption rate of 95 percent, the minister for European Investment and Projects, Adrian Caciu, announced…




10:30, 05.02.2024

Bucharest stock market sees RON 7 bn-plus cap gain in the week of Jan 29 - Feb 4

Bucharest stock market sees RON 7 bn-plus cap gain in the week of Jan 29 - Feb 4

The Bucharest stock market's capital gain last week was in excess of RON 7.09 billion, while the value of stock trades was RON 132.58 million lower compared to the previous week, shows data released by the Bucharest…




10:50, 01.02.2024

Unemployment rate keeps at 5.4pct in December 2023

Unemployment rate keeps at 5.4pct in December 2023

The unemployment rate in December 2023 was 5.4%, seasonally adjusted, a value equal to that recorded in the previous month, according to data the National Institute of Statistics (INS) published on Thursday.The…




13:20, 23.01.2024

Assets of privately managed mandatory pension funds at RON 121.56 bln as of end-November

Assets of privately managed mandatory pension funds at RON 121.56 bln as of end-November

Assets of privately managed mandatory pension funds at RON 121.56 bln as of end-NovemberTotal assets held by Romania's privately-managed pension system (Pillar II) stood at RON 121.56 billion as of end-November…




13:06, 23.01.2024

Household and business deposits up 3.3 pct month-on-month in December 2023

Household and business deposits up 3.3 pct month-on-month in December 2023

Household and business deposits up 3.3 pct month-on-month in December 2023The deposits of non-government resident customers were 3.3 percent up in December 2023 from the previous month, to RON 573.951 billion;…




11:51, 22.01.2024

Turnover of market services to enterprises advances 13.1 pct Jan - Nov 2023

Turnover of market services to enterprises advances 13.1 pct Jan - Nov 2023

Turnover of market services to enterprises advances 13.1 pct Jan - Nov 2023The turnover of market services rendered mainly to businesses over January - November 2023 was 13.1 percent up in unadjusted nominal terms…




15:40, 12.01.2024

BNR decided to maintain the monetary policy interest rate

BNR decided to maintain the monetary policy interest rate

BNR decided to maintain the monetary policy interest rateIn its meeting of 12 January 2024, the Board of the National Bank of Romania decided: to keep the monetary policy rate at 7.00 percent per annum;to leave…




11:21, 12.01.2024

Bucharest stock market opens Fridays trading session in the green

Bucharest stock market opens Friday's trading session in the green

Bucharest stock market opens Friday's trading session in the greenThe Bucharest Stock Exchange (BVB) opened Friday's trading session with all indices on the rise and RON 5.226 million (1.051 ml euros) worth of…




15:10, 10.01.2024

World Bank cuts Romania’s 2024 GDP growth forecast to 3.3%

World Bank cuts Romania’s 2024 GDP growth forecast to 3.3%

Romania’s gross domestic product is expected to grow by 3.3% in 2024, the World Bank said, cutting its June 2023 projection by 0.6 percentage points, according to See News. The World Bank also revised its estimate…




15:10, 04.01.2024

Romania seeking 3.4 pct economic growth in 2024, as investment allocations exceed 7 pct of GDP

Romania seeking 3.4 pct economic growth in 2024, as investment allocations exceed 7 pct of GDP

Prime Minister Marcel Ciolacu declared at the beginning of Thursday's government meeting that Romania's economic growth this year will be 3.4 percent, the second highest in the EU.Ciolacu mentioned that 2024 will…




19:26, 28.12.2023

President Iohannis promulgates law on the financial ceilings for the 2024 fiscal-budgetary year

President Iohannis promulgates law on the financial ceilings for the 2024 fiscal-budgetary year

President Klaus Iohannis on Thursday promulgated the law that provides for the ceilings in the fiscal-budget framework for the year 2024.Thus, the ceiling of the general consolidated budget balance, expressed as…




14:40, 28.12.2023

Seven in ten Romanians believe Romania is headed in the wrong direction

Seven in ten Romanians believe Romania is headed in the wrong direction

Seven in ten Romanians believe that Romania is headed in the wrong direction at the end of 2023; a little over a quarter of the respondents, predominantly young and educated people, consider however that the direction…




16:30, 18.12.2023

Romania demonstrates remarkable economic resilience and high investment attractiveness (EY)

Romania demonstrates remarkable economic resilience and high investment attractiveness (EY)

Romania has seen an 86 percent increase in the number of foreign investment projects in 2022, thus ranking 15th among the most attractive European investment destinations, up seven places from the previous year,…




09:46, 13.12.2023

I have no doubts, pension Pillar II will be untouched (PNLs Ciuca)

I have no doubts, pension Pillar II will be untouched (PNL's Ciuca)

The chairman of the National Liberal Party (PNL), Nicolae Ciuca, stated on Tuesday, on private television Digi 24, that Pillar II of pensions (mandatory private pensions, ed. n.) will not be touched, being assumed…




20:15, 12.12.2023

DefMin Tilvar: Defense budget to be 2.5pct of GDP also in 2024

DefMin Tilvar: Defense budget to be 2.5pct of GDP also in 2024

DefMin Tilvar: Defense budget to be 2.5pct of GDP also in 2024The minister of national defense, Angel Tilvar, declared on Tuesday, during the meeting with the defense attachés accredited in our country, that in…




14:26, 28.11.2023

Uniqa companies report nine-month gross written premiums of 90.3 ml euros

Uniqa Romanian subsidiaries Uniqa Asigurari and Uniqa Asigurari de Viata posted for the first nine months of this year total gross written premiums of 90.3 million euros, up 9 percent year-over-year, the company…




21:00, 22.11.2023

Bucharest stocks mixed at close of trade on Wednesday

The Bucharest stock market closed mixed on Wednesday, with trades amounting to RON 529 million (EUR 106 million), of which bonds accounted for over RON 480 million.The main BET index, which tracks the most liquid…




08:50, 02.11.2023

HealthMin: 5pct of parents sign children up for health education classes, few schools have them

HealthMin: 5pct of parents sign children up for health education classes, few schools have themHealth minister Alexandru Rafila says that only about 5 percent of parents sign their children up in the health education…




20:50, 12.10.2023

Bucharest stocks close higher on Thursday

The Bucharest Stock Exchange (BVB) closed Thursday's trading session upwards and with 93.21 million RON (18.78 million euros) worth of trades.The main BET index, which tracks the most liquid 20 companies, advanced…




12:11, 05.10.2023

Household monthly income at 6,910 RON on average in Q2, spending at 86.4 pct thereof

The average total monthly income per Romanian household was 6,910 RON in Q2 2023 - 2,770 RON per person, down 1 percent from Q1 2023, shows data released on Thursday by the National Institute of Statistics (INS).Compared…