daily news
Monday 28 January 2019
Ro Insider
Former Romanian finance minister and a current economic adviser to prime minister Viorica Dăncilă, Darius Vâlcov, said he receives his salary in cash, in an envelope because he does not have a bank account, Hotnews.ro reported. He made the statements in a TV show at Antena 3. When he needs to make online reservations for holidays, he turns
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culture
Monday 28 January 2019
Newsroom
The exhibition Unfinished Conversations on the Weight of Absence curated by Cristian Nae, which presents works of artists Belu-Simion Fainaru, Dan Mihaltianu and Miklós Onucsán, won the national selection and will represent Romania at the 58th edition of the International Art Exhibition – Venice Biennale. The 2019 Biennale Arte will take place between May 11 and November 24.
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daily news
Monday 28 January 2019
Ro Insider
A total of 91% of Romanians use their mobile phones at least once a day to initiate a call, a survey by E.ON and Kantar Emind found. At the same time, 1 in 2 make video calls daily with the help of the apps offering this option. “The Romanians are embracing the new communication technology
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business
Monday 28 January 2019
Ro Insider
Sonja Dive-Dahl has been appointed general manager of Radisson Blu and Park Inn by Radisson hotels in Bucharest, the Radisson Hotel Group announced. She will manage the 487-room Radisson Blu Hotel, Bucharest and the 210-room Park Inn by Radisson Bucharest Hotel & Residence. Sonja Dive-Dahl joins the team from Malmö, Sweden, where she was recently
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daily news
Monday 28 January 2019
Ro Insider
Hundreds of trees were downed in Bucharest after the freezing rain during the weekend, leaving cars damaged and blocking pedestrian or road traffic all over the city. The trees broke under the weight of the ice layer. On Saturday, January 26, some 800 trees were down, as well as several electricity poles and cables. The Bucharest –
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business
Monday 28 January 2019
Newsroom
Vodafone Romania, the second-biggest mobile carrier on the local market, had 9.9 million customers at the end of December 2018, a figure similar to the one reported at the end of 2017. Most of them, namely 9.2 million, were mobile customers. The service revenues amounted to EUR 180.2 million in the quarter ended December 31, excluding
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business
Monday 28 January 2019
Romania Insider
The assets managed privately under the 2nd pillar of the pension system in Romania increased to RON 47.6 billion (some EUR 10 billion) at the end of last year, 19.4% more than at the end of 2017. Nearly two-thirds (63.8%) of the total assets were invested in government debt, while shares accounted for only 17.4%
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daily news
Monday 28 January 2019
Newsroom
A yet unidentified man managed to run away with about RON 20,000 (some EUR 4,200) from a bank in downtown Craiova, a city in Southwestern Romania, last Friday. The masked man entered the bank on Friday afternoon and threatened the two employees with a gun, according to local Stirileprotv.ro. He apparently waited for the perfect
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business
Monday 28 January 2019
Romania Insider
Romania’s Patria Bank sold to Kruk Romania a bundle of 934 non-performing secured loans (NPL) granted to legal persons and individuals, with a nominal value of RON 332 million (EUR 70 mln), the bank announced on January 25. This was the second phase of Patria Bank’s NPL sale project started in 2018, which was aimed
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business
Monday 28 January 2019
Romania Insider
International rating agency Fitch affirmed the ratings of Banca Comerciala Romana (BCR) and BRD-Groupe Societe Generale (BRD) at BBB+ but revised to negative from stable their outlook. The action reflects the agency’s view on Romania’s entire banking system and is not restricted to the two banks as Fitch fears the Government would take even tighter
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Friday 16 November 2018
Romanians empied their wallets on Friday with the country's biggest retailer eMag, which launched the campaign in 2011, reporting sales of 63 million euros by midday.
Friday 2 November 2018
Activists have threatened to sue Romania for not properly assessing the environmental impact when indefinitely extending a permit for one of the country's largest polluters, the coal-fired Rovinari Power Plant.
Thursday 1 November 2018
At a meeting with Moldova's pro-Russian President Igor Dodon, who was seeking his backing before elections, Vladimir Putin overestimated the amount of Moldovan exports to Russia.
Thursday 25 October 2018
The Romanian parliament voted to adopt a law on money-laundering, months after the European Commission referred the country to the European Court for not complying with EU legislation on the issue.
Wednesday 24 October 2018
Romania’s biggest cybersecurity company, Bitdefender, announced that it has finalised the purchase of Dutch network security analytics startup RedSocks.
Friday 19 October 2018
Experts say moves by the tax authority to oblige newlyweds to declare all their wedding suppliers may sound ridiculous – but form part of a justifiable clampdown on tax evasion and money laundering.
Friday 12 October 2018
The UK headquartered Liberty House Group announced on Friday that it wished to purchase four steel plants from ArcelorMittal, including those in Romania and Macedonia.
Wednesday 18 July 2018
The gallery of a coal mine in the Southern Carpathians in Romania collapsed on Wednesday morning, leaving a miner dead and one wounded, months after two men died in a similar incident.
Thursday 12 July 2018
To the amazement of Orthodox Christians in Romania, the name and image of one of the country’s most revered monks, Arsenie Boca, are under trademark, with police being called to churches and shops to confiscate items bearing his face.
Tuesday 10 July 2018
Romania’s Social Democrat-dominated parliament held an unexpected late-night vote to rush through legislation to regulate offshore Black Sea gas exploitation, angering investors and the opposition.
Saturday 6 November 2021
Romania recorded 50087 Coronavirus Deaths since the epidemic began, according to the World Health Organization (WHO). In addition, Romania reported 1693532
Coronavirus Cases. This page includes a chart with historical data for Romania Coronavirus Deaths.
Saturday 6 November 2021
Romania recorded 1693532 Coronavirus Cases since the epidemic began, according to the World Health Organization (WHO). In addition, Romania reported 50087
Coronavirus Deaths. This page includes a chart with historical data for Romania Coronavirus Cases.
Saturday 6 November 2021
Standard & Poor's credit rating for Romania stands at BBB- with stable outlook. Moody's credit rating for Romania was last set at Baa3 with stable outlook. Fitch's credit rating for Romania was last reported at BBB- with negative outlook. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Romania thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Romania as reported by major credit rating agencies.
Saturday 6 November 2021
Electricity Production in Romania decreased to 4038 Gigawatt-hour in August from 4559 Gigawatt-hour in July of 2021. Electricity Production in Romania averaged 5020.21 Gigawatt-hour from 2008 until 2021, reaching an all time high of 6455 Gigawatt-hour in January of 2017 and a record low of 3473 Gigawatt-hour in May of 2020. This page has Electricity Production values for Romania.
Saturday 6 November 2021
Fiscal Expenditure in Romania increased to 177467.10 RON Million in September from 158568.10 RON Million in August of 2021. Fiscal Expenditure in Romania averaged 63258.57 RON Million from 2006 until 2021, reaching an all time high of 246929.90 RON Million in December of 2020 and a record low of 2850.50 RON Million in January of 2006. Fiscal expenditure refers to the sum of government expenses, including spending on goods and services, investment and transfer payments like social security and unemployment benefits. Fiscal expenditure are part of government budget balance calculation. This page provides - Romania Fiscal Expenditure- actual values, historical data, forecast, chart, statistics, economic calendar and news.
Saturday 6 November 2021
Government Revenues in Romania increased to 122979.30 RON Million in September from 109955.90 RON Million in August of 2021. Government Revenues in Romania averaged 49051.10 RON Million from 2006 until 2021, reaching an all time high of 152477.40 RON Million in December of 2019 and a record low of 3701.40 RON Million in January of 2006. Government Revenues refer to all receipts the government gets, including taxes, custom duties, revenue from state-owned enterprises, capital revenues and foreign aid. Government Revenues are part of government budget balance calculation. This page provides - Romania Government Revenues- actual values, historical data, forecast, chart, statistics, economic calendar and news.
Saturday 6 November 2021
Romania recorded a government budget deficit of 54487.80 RON Million in September of 2021. Government Budget Value in Romania averaged -7864.61 RON Million from 1992 until 2021, reaching an all time high of 3486.70 RON Million in January of 2019 and a record low of -105906.60 RON Million in December of 2020. The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues. This page provides - Romania Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news.
Saturday 6 November 2021
Foreign Exchange Reserves in Romania decreased to 44984.10 EUR Million in October from 46187 EUR Million in September of 2021. Foreign Exchange Reserves in Romania averaged 26884.96 EUR Million from 2000 until 2021, reaching an all time high of 46730.40 EUR Million in August of 2021 and a record low of 2598.50 EUR Million in February of 2000. In Romania, Foreign Exchange Reserves are the foreign assets held or controlled by the country central bank. The reserves are made of gold or a specific currency. They can also be special drawing rights and marketable securities denominated in foreign currencies like treasury bills, government bonds, corporate bonds and equities and foreign currency loans. This page provides the latest reported value for - Romania Foreign Exchange Reserves - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
Saturday 6 November 2021
Car Registrations in Romania increased to 151275 in the third quarter of 2021 from 130485 in the second quarter of 2021. Car Registrations in Romania averaged 93696.33 from 2003 until 2021, reaching an all time high of 189612 in the fourth quarter of 2008 and a record low of 19411 in the first quarter of 2003. This page provides - Romania Car Registrations - actual values, historical data, forecast, chart, statistics, economic calendar and news.
Saturday 6 November 2021
The number of COVID-19 vaccination doses administered in Romania rose to 12921964 as of Nov 6 2021. The total number of vaccination doses administered. This is counted as a single dose, and may not equal the total number of people vaccinated, depending on the specific dose regime (e.g. people receive multiple doses). If a person receives one dose of the vaccine, this metric goes up by 1. If they receive a second dose, it goes up by 1 again. This page includes a chart with historical data for Romania Coronavirus Vaccination Total.
Saturday 6 November 2021
The number of COVID-19 vaccination doses administered per 100 people in Romania rose to 68 as of Nov 6 2021. Total number of vaccination doses administered per 100 people in the total population. This is counted as a single dose, and may not equal the total number of people vaccinated, depending on the specific dose regime (e.g. people receive multiple doses). This page includes a chart with historical data for Romania Coronavirus Vaccination Rate.
Saturday 6 November 2021
Romania recorded 1045351 Coronavirus Recovered since the epidemic began, according to the World Health Organization (WHO). In addition, Romania reported 50087
Coronavirus Deaths. This page includes a chart with historical data for Romania Coronavirus Recovered.
Friday 5 November 2021
Retail Sales in Romania increased 8.40 percent in September of 2021 over the same month in the previous year. Retail Sales YoY in Romania averaged 7.39 percent from 2001 until 2021, reaching an all time high of 39.70 percent in April of 2021 and a record low of -19.60 percent in April of 2020. In Romania, the year-over-year change in Retail sales compares the aggregated sales of retail goods and services during a certain month to the same month a year ago. This page provides - Romania Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news.
Friday 5 November 2021
Retail Sales in Romania increased 0.20 percent in September of 2021 over the previous month. Retail Sales MoM in Romania averaged 0.60 percent from 2000 until 2021, reaching an all time high of 17.20 percent in May of 2020 and a record low of -21.90 percent in April of 2020. In Romania, the Retail sales report provides an aggregated measure of sales of retail goods and services over a specific time period. In Romania, Retail sales are seasonal, volatile and relatively important to the overall economy. This page provides - Romania Retail Sales MoM - actual values, historical data, forecast, chart, statistics, economic calendar and news.
Friday 5 November 2021
Romania Three Month Interbank Rate was at 2.25 percent on Friday November 5. Interbank Rate in Romania averaged 20.55 percent from 1995 until 2021, reaching an all time high of 207.10 percent in March of 1997 and a record low of 0.49 percent in September of 2016. In Romania, the interbank rate is the rate of interest charged on short-term loans made between banks. This page provides - Romania Three Month Interbank Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
Wednesday 3 November 2021
The National Bank of Romania kept its benchmark interest rate at 1.25 percent during its August 2021 meeting, as expected but said it will preserve tight control over money market liquidity as short-term inflation will be considerably higher than previously forecast. The move aims to preserve price stability over the medium term in line with the 2.5 percent ±1 percentage point flat inflation target, in a manner conducive to achieving sustainable economic growth in the context of the fiscal consolidation process, while safeguarding financial stability. The deposit and lending facility rates were kept unchanged at 0.75 percent and 1.75 percent, respectively. Furthermore, the NBR Board decided to maintain the existing levels of minimum reserve requirement ratios on both leu- and foreign currency-denominated liabilities of credit institutions. Interest Rate in Romania averaged 4.93 percent from 2005 until 2021, reaching an all time high of 12.50 percent in May of 2005 and a record low of ...
Wednesday 3 November 2021
Unemployment Rate in Romania decreased to 5 percent in September from 5.20 percent in August of 2021. Unemployment Rate in Romania averaged 6.22 percent from 2004 until 2021, reaching an all time high of 8.70 percent in January of 2004 and a record low of 3.60 percent in January of 2020. In Romania, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides the latest reported value for - Romania Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
Tuesday 2 November 2021
Producer Prices in Romania increased to 120.50 points in May from 118.10 points in April of 2021. Producer Prices in Romania averaged 87.40 points from 2000 until 2021, reaching an all time high of 120.50 points in May of 2021 and a record low of 33.30 points in January of 2000. In Romania, the Producer Price Index measures the average change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period. This page provides the latest reported value for - Romania Producer Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
Tuesday 2 November 2021
Producer Prices in Romania increased 19.51 percent in September of 2021 over the same month in the previous year. Producer Prices Change in Romania averaged 3.99 percent from 2006 until 2021, reaching an all time high of 19.51 percent in September of 2021 and a record low of -3.40 percent in February of 2016. Producer prices change refers to year over year change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period. This page provides the latest reported value for - Romania Producer Prices Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
Saturday 30 October 2021
Building Permits in Romania increased to 4899 in September from 4873 in August of 2021. Building Permits in Romania averaged 3700.76 from 2005 until 2021, reaching an all time high of 6291 in May of 2008 and a record low of 1429 in January of 2016. This page provides - Romania Building Permits- actual values, historical data, forecast, chart, statistics, economic calendar and news.