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10:50, 05.10.2021

Population expenses represented 84.7 pct of revenues in Q2 2021

The average total monthly income was 5,573 per household and 2,196 per person, in the second quarter of 2021, in nominal terms, while the population's total expenses rose, in average, to 4,709 monthly per household…




17:30, 26.08.2021

Gov't deficit at 2.89% of GDP seven months into national budget implementation

The implementation of Romania's aggregate national budget in the first seven months of 2021 ended with a government deficit of 33.97 billion lei (2.89% of GDP), down from 49.68 billion lei (4.71% of GDP) seven…




14:56, 25.08.2021

Bucharest-listed Purcari Wineries H1 net profit rises 31% y/y

Purcari Wineries listed on the Bucharest Stock Exchange (BVB) said on Wednesday that its net profit rose by an annual 31% to RON 20.37mln (€ 4.1mln) in the first six months of 2021, according to See News. “Revenues…




11:01, 24.08.2021

Transport Trade Services revenues up by 9 pct in H1, 2021, to almost 274 million lei

TTS (Transport Trade Services), one of the largest freight carriers in the Danube basin, obtained in the first half of 2021, a consolidated net profit attributable to shareholders of 24.6 million lei, up by 42.5%…




21:51, 13.08.2021

SIF Transilvania ends H1 with net profit of 58.27 million lei

SIF Transilvania Financial Investment Company (SIF3) registered in H1, 2021 a net profit of 58.27 million lei, compared to losses of 40.598 million lei reported at the end of June 2020, according to the data sent…




12:05, 12.07.2021

Prime Minister Florin Citu: Revenues, lower than wage costs in half of territorial administrative units

Prime Minister Florin Citu argued on Monday, at the beginning of the General Assembly of the Association of Romanian Municipalities, in favour of a spending reform at the level of territorial administrative units…




21:01, 09.07.2021

Household total monthly income averages out at 5,476 lei in Q1 2021; expenses, 84.7 pct of revenues

The average total monthly income per Romanian household was 5,476 lei in Q1 this year - 2,157 lei per person - and total expenditures reached 4,640 lei per household (1,828 lei per person) or 84.7 percent of total…




19:41, 29.06.2021

Citu: We may have positive budget revision

Prime Minister Florin Citu said on Tuesday that the budget execution is very good, pointing out that there may be a first - the budget revision could be positive. "On the one hand, the budget revenues are very…




17:21, 17.06.2021

PM Citu on administrative reorganisation of some localities: I would like to create the motivation to make it naturally

Prime Minister Florin Citu on Thursday stated in Alba Iulia that he saw the proposal of Cluj Napoca mayor Emil Boc regarding a territorial-administrative organisation of the localities that cannot support themselves…




17:05, 07.06.2021

Senate head Dragu: Child allowance increase - a political decision that needs to be solidly grounded

Increasing child allowances is a political decision that requires a solid foundation on technical figures, and an analysis of state budget revenues and expenditures will be made in mid-July, after six months of…




10:40, 18.05.2021

Revenues of Vodafone Romania decrease to 801 million euros, on March 31, 2021

Vodafone Romania reported revenues from services of 801 million euros, in the financial year that ended on March 31, 2021, lower by 1.5%, compared to the same period last year, while the customer base reached 11.1…




12:06, 23.04.2021

Nedim Baytorun va deveni Consumer Business Unit Director al Vodafone România din 1 iulie

Vodafone România îl numește pe Nedim Baytorun Consumer Business Unit Director începând cu 1 iulie. Baytorun va fi parte a echipei executive și îi va raporta direct lui Murielle Lorilloux, CEO Vodafone România.…




15:20, 16.04.2021

PM Citu: Budget revenues, higher than estimated, we expect deficit below 7 percent

Prime Minister Florin Citu said that budget revenues are higher than estimated, which means that the government expects a budget deficit below 7 percent. "We have some very good news at this time as regards the…




20:40, 18.02.2021

PM Citu: Draft law on state budget to be approved with same deficit variant, 7.16 pct

The draft state budget law will be approved with a deficit target of 7.16 percent and with the same parameters of expenditures and revenues, Prime Minister Florin Citu declared on Thursday. "The budget deficit…




15:30, 03.02.2021

McKinsey & Company: Banks' net revenues in Romania, by risk cost, could fall by almost 58 billion lei

Romanian banks could see a decrease of about 58 billion lei in net revenues after the cost of risk, until 2025, compared to the revenues expected before the pandemic, due to risk costs and lower volumes, reveal…




14:00, 13.01.2021

Current account deficit up by 1.12 pct in first 11 months of 2020

The current account of the balance of payments registered a deficit of 9.763 billion euros, in the first 11 months of 2020, up by 1.12% compared to the same period of 2019, of 9.655 billion, informs a press release…




14:40, 18.11.2020

CU TOATE prognozele economice internaționale NEGATIVE pentru România, Cîțu se LAUDĂ iar: Avem venituri mai mari ca în 2019

Revenues, at the end of this year, are estimated at around 337 billion lei, 32.2% of GDP, the Minister of Finance, Florin Cîţu, declared on Wednesday in a press conference, announcing that, after ten months, the…




11:41, 17.11.2020

Impact Developer & Contractor's nine-month sales revenues up 35 pct YoY

Real estate developer Impact Developer & Contractor closed the first 9 months of the year with revenues of 135.349 million lei from home sales, up 35 percent from the same period of 2019, the company said in…




09:45, 13.11.2020

Orban: Second increase in child's allowances - from January 1

Prime Minister Ludovic Orban said on Thursday that the doubling of children's allowances will be done taking into account the economic situation and the real revenues forecast to the state budget, that is in steps,…




19:50, 12.11.2020

BNR: Increased uncertainties and risks arise from perspective of fiscal and revenue policy conduct

Increased uncertainties and risks arise from the perspective of the fiscal and revenue policy conduct, especially in the absence of the draft budget for 2021 and in the electoral context, a more pronounced increase…




19:15, 09.11.2020

PM Orban: Budget revenues for first 10 months up compared to same period last year

Budget revenues for the first 10 months of the year increased compared to the same period in 2019, in the midst of the economic crisis caused by the pandemic, on Monday told Prime Minister Ludovic Orban the Chamber…




19:55, 11.10.2020

Romania receives over 507 million euros in H1 2020 wheat, meslin export revenues

Romania exported 2.55 million tonnes of wheat and meslin in the first half of 2020 to the countries inside and outside the EU, up by almost 13% on H1 2019, according data with the Ministry of Agriculture and Rural…




07:25, 30.09.2020

Fiscul britanic a cerut Airbnb UK plata unor impozite suplimentare de 1,8 milioane de lire sterline în 2019

Divizia britanică a companiei din San Francisco, care a plătit şi un impozit corporativ anual de peste 1 milion de lire în Marea Britanie pentru anul trecut, a anunţat că a plătit impozitul suplimentar în urma…




19:56, 10.09.2020

Romania loses 6.5bn euros in 2018 due to VAT non-collection

Romania lost 6.595 billion euros in 2018 due to non-collection of value added tax (VAT) revenues, according to a study on the VAT collection deficit published on Thursday by the European Commission. As in 2017,…




14:30, 28.08.2020

LabMin: Companies with 10% turnover decline can receive subsidies for 'flexible hours'

The financial governmental package for completing the employees revenues whose working hours have been reduced can be accessed by companies having registered this year a monthly decline of 10% of the turnover,…




12:10, 13.08.2020

BVB Group posts 10 pct higher mid-year consolidated net profit

The mid-year consolidated net profit of the Bucharest Stock Exchange (BVB) Group was 10 percent higher, at 4.24 million lei, with the group's trading segment accounting for 75 percent of the amount, show the financial…




14:30, 12.08.2020

COVID-19 pandemic affects revenues, sales of more than 55% of companies in Romania

The COVID-19 pandemic has affected revenues and sales in more than 55% of companies operating in Romania, with 39% of them having to temporarily shut down, Andrei Canda, managing partner at iSenseSolutions, said…




17:24, 22.07.2020

Sanitas: ICU staff revenues in largest COVID-19 hospital in the country, cut in July

Medical staff from the Anesthesiology and Intensive Care Department (ICU) of the Victor Babes Hospital in Bucharest - the largest COVID-19 hospital in the country - had their incomes reduced by up to 30% in July,…




16:57, 17.06.2020

UPDATE Coronavirus: How the health crisis has influenced the activity of European news agencies

The health crisis caused by the coronavirus pandemic greatly influenced the activity of European news agencies in terms of working procedures, and some expect a drop in revenues, according to the directors of some…




16:39, 02.06.2020

Coronavirus: How the health crisis has influenced the activity of European news agencies

The health crisis caused by the coronavirus pandemic greatly influenced the activity of European news agencies in terms of working procedures, and some expect a drop in revenues, according to the directors of some…