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11:31, 04.10.2023

Bucharest stock market opens Wednesday's trading session lower

The Bucharest Stock Exchange (BVB) opened Wednesday's trading session with almost all indices going down, and 1.497 billion RON (300 ml euros) worth of transactions performed in the first 45 minutes after the start…




12:25, 03.10.2023

Industrial producer prices drop 3.3 percent YoY in August

Industrial producer prices (domestic and foreign market) were 0.7 percent down in August 2023 compared to the previous month, and 3.3 percent lower year-over-year, shows data released on Tuesday by the National…




11:36, 03.10.2023

Job applications hit year-to-date high of one million-plus this September

Job applications hit a year-to-date high of more than one million this September, by about 10 percent more compared to September 2022, recruitment platform eJobs said.14.3 percent of the applications were for remote…




10:30, 02.10.2023

Romania's seasonally adjusted unemployment rate dips to 5.4 pct in August

Romania's seasonally adjusted unemployment rate in August this year stood at 5.4 percent, down 0.1 percent from the previous month, shows data released on Monday by the National Institute of Statistics (INS). The…




17:10, 27.09.2023

350 ml RON worth of budget revenues expected from temporary two-year 2 pc tax on banks' turnover (FinMin)

The 2 percent tax charged on the banks' turnover over a two-year period will bring 350 million RON to the budget, while the 0.5 percent additional tax on oil and natural gas companies will funnel another 600 million…




20:00, 26.09.2023

Parliament/PM Ciolacu: We will tax by 70 percent all illicit wealth

Prime Minister Marcel Ciolacu said Tuesday that the Government will massively increase fines, confiscate on a large scale the proceeds of tax evasion and will tax by 70 percent all illicit wealth."We all want a…




10:50, 31.08.2023

Seasonally adjusted unemployment rate in Romania, down to5.5pct in July 2023

Seasonally adjusted unemployment rate in Romania, down to5.5pct in July 2023The seasonally adjusted unemployment rate in Romania dropped to 5.5% in July 2023, down by 0.1 percentage points on a monthly basis, according…




18:56, 29.08.2023

As many as 3,718 companies and self-employed persons go insolvent over Jan - July 2023

The number of companies and self-employed persons (PFAs) going insolvent in the first seven months of 2023 was 5.44 percent down from the year-ago period, at 3,718, according to data published on the website of…




11:45, 21.08.2023

Number of job vacancies drops to 39,400 in Q2 2023

Job vacancies in Q2 2023 stood at 39,400, by 7,700 fewer compared to the previous quarter, shows data released on Monday by the National Institute of Statistics (INS).The estimated job vacancy rate in Q2 was 0.77…




11:25, 11.08.2023

Net average monthly wage rises to 4,600 RON this June (official statistics)

The average net nominal wage this June was RON 4,600, up by RON 57 (+1.3 pct) month over month, the National Institute of Statistics announced on Friday.The average gross wage was RON 7,364, by RON 135 (+1.9 pct)…




08:35, 09.08.2023

Quarterly inflation report, released by central bank's governor Isarescu

The National Bank of Romania governor Mugur Isarescu, presents on Wednesday the quarterly Inflation Report.According to National Institute of Statistics, in June this year, the annual inflation rate was 10.3 percent,…




18:01, 21.07.2023

Romanian flight cancellations 55 pct up this June (tour operator)

This June, Romanian flight passengers faced by 55 percent more cancellations than in the previous month, and flights in the second part of the day are more prone to delays and cancellations, shows a survey by online…




16:20, 19.07.2023

Restrictive fiscal measures contemplated by Gov't would blow up Romanian tourism potential (employers' organisation)

The elimination of holiday vouchers for the public sector would encourage the re-emergence of "black" tourism, and the increase of the hospitality VAT to 19 percent would result in an increase by a minimum 10 percent…




15:45, 10.07.2023

Assets of privately managed mandatory pension funds at 107.43 bln RON this May

Total assets held by Romania's privately-managed pension system stood at 107.43 billion RON as of end-May, up 22 percent YoY, the Financial Supervisory Authority (ASF) reports.To an extent of 91 percent, investments…




12:25, 10.07.2023

Romania's Jan - May trade deficit drops 13 pct to 11.06 bln euros

Romania's FOB/CIF trade balance deficit as of end-May stood at 11.06 billion euros, down 13.4 percent compared to the same period of the previous year, as FOB exports rose 7.5 percent to 39.68 billion euros, and…




16:20, 04.07.2023

Presidential advisor: Romania's FDI up 20 pct in 2022, mainly on account of reinvested local profits

Romania's foreign direct investments increased 20 percent in 2022, mainly on account of reinvested local profits and to a lesser extent due to greenfield investments, presidential advisor Cosmin-Stefan Marinescu…




16:40, 29.06.2023

JusMin Gorghiu: In 2022 - lowest percentage of recidivists in the last 13 years

JusMin Gorghiu: In 2022 - lowest percentage of recidivists in the last 13 years. Justice Minister Alina Gorghiu said on Thursday that, in 2022, Romania reached the lowest percentage of recidivists among the incarcerated…




12:50, 29.06.2023

FinMin Bolos: Five-month budget deficit of 2.33 pct is nothing to toy with

Finance Minister Marcel Bolos said on Thursday that it's a fact that Romania's five-month budget deficit stands at 2.33 percent or 37 billion RON, noting that he is working on a plan of fiscal measures to ensure…




12:06, 28.06.2023

CFA Romania analysts cut their one-year inflation rate expectations to 7.73 pct

CFA Romania analysts continued to lower their one-year ahead inflation rate expectations to an average of 7.73 percent, the lowest since March 2022, the CFA Romania Association said.As regards the euro to RON exchange…




08:20, 19.06.2023

Petteri Orpo to be Finland’s new prime minister

Petteri Orpo, the leader of the conservative National Coalition Party, is set to become Finland’s new prime minister, local public broadcaster Yle reported Sunday, according to Politico.  Orpo’s National Coalition…




20:05, 25.05.2023

Education unions demand 25 pct pay rise

Education unions demanded a 25 percent pay rise and a regulatory act guaranteeing that a beginner's pay shall be the equivalent to the national average gross salary, president of the "Spiru Haret" Education Unions…




16:30, 22.05.2023

Annual inflation rate will probably drop to single-digit in next quarter (central bank)

The annual inflation rate is likely to fall to single-digit in the next quarter and to 7.1 percent in December 2023, compared to 7 percent in the previous projection, and then it will be reduced to 4.2 percent…




16:45, 08.05.2023

Romania's economy to grow by 2.8 pct, end-2023 inflation seen at 7.4 pct (Forecast Commission)

The National Strategy and Forecast Commission (CNSP) has revised downwards its inflation estimate for the end of this year to 7.4 percent from 8 percent, while maintaining a cautious projection for Romania's 2023…




10:40, 03.05.2023

Romania's March unemployment rate dips to 5.4 pct, yet youth unemployment stays high

Romania's seasonally adjusted unemployment rate dropped slightly in March this year to 5.4 percent from 5.5 percent the previous month, but the youth jobless rate stays significantly high, at 22.2 percent, shows…




12:05, 27.04.2023

Loans to non-government sector advance 1.3pct in March 2023

At end-March 2023, loans to non-government sector granted by credit institutions advanced 1.3 percent (0.2 percent in real terms) from February 2023 to RON 370,493.5 million, the National Bank of Romania (BNR)…




11:45, 21.04.2023

Romania's public road network at 86,338 km as of end-2022

At the end of 2022, Romania's public road network totaled 86,338 kilometers, of which almost half were modernized, while the length of its railway network stood at over 10,615 km, of which main lines accounted…




12:40, 20.04.2023

Jan - Feb turnover of motor vehicle trade up 17.5 pct YoY

The turnover of wholesale and retail trade, and the maintenance and repair of motor vehicles and motorcycles over January - February 2023 was 17.5 percent up from the same period of 2022, while the turnover for…




11:26, 20.04.2023

Employment rate of working age population increases to 63.1pct in 2022

The employment rate of Romania's working-age population (15-64 years) was 63.1% in 2022, up 1.2 percentage points from the previous year, according to data published Thursday by the National Institute of Statistics…




10:51, 19.04.2023

Construction volume goes up 9 pct over January - February 2023

The volume of construction works over January - February 2023 was 9 percent higher year-over-year in unadjusted terms, mainly due to growth in capital repair and new construction works, the National Institute of…




14:06, 18.04.2023

New car registrations rise 27.7 pct in Q1, almost 35 pct jump for green cars

Romania's new car registrations in Q1 2023 were 27.7 percent up from the same period of the previous year, while green cars jumped 34.8 percent to a market share of 20.2 percent, shows data released on Tuesday…