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.
Wednesday 16 June 2021
Money Supply M2 in Romania increased to 503531.70 RON Million in April from 499199.20 RON Million in March of 2021. Money Supply M2 in Romania averaged 241816.75 RON Million from 2004 until 2021, reaching an all time high of 503531.70 RON Million in April of 2021 and a record low of 62118.30 RON Million in January of 2005. Romania Money Supply M2 includes M1 plus short-term time deposits in banks. This page provides the latest reported value for - Romania Money Supply M2 - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
Wednesday 16 June 2021
Money Supply M1 in Romania increased to 348796.70 RON Million in April from 343531.50 RON Million in March of 2021. Money Supply M1 in Romania averaged 128418.66 RON Million from 2004 until 2021, reaching an all time high of 348796.70 RON Million in April of 2021 and a record low of 21882.80 RON Million in January of 2005. This page provides the latest reported value for - Romania Money Supply M1 - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
Wednesday 16 June 2021
Money Supply M0 in Romania increased to 92643.90 RON Million in April from 90494.20 RON Million in March of 2021. Money Supply M0 in Romania averaged 24371.75 RON Million from 1993 until 2021, reaching an all time high of 92643.90 RON Million in April of 2021 and a record low of 95.20 RON Million in January of 1994. Romania Money Supply M0 is the most liquid measure of the money supply including coins and notes in circulation and other assets that are easily convertible into cash. Money Supply M0 and M1, are also known as narrow money. This page provides the latest reported value for - Romania Money Supply M0 - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
Wednesday 16 June 2021
Mining production in Romania decreased 8.20 percent in March of 2021 over the same month in the previous year. Mining Production in Romania averaged -1.66 percent from 2001 until 2021, reaching an all time high of 20.10 percent in May of 2017 and a record low of -21.90 percent in June of 2009. This page provides - Romania Mining Production- actual values, historical data, forecast, chart, statistics, economic calendar and news.
Wednesday 16 June 2021
Minimum Wages in Romania decreased to 458.07 EUR/Month in the first quarter of 2021 from 460.77 EUR/Month in the third quarter of 2020. Minimum Wages in Romania averaged 178.42 EUR/Month from 1999 until 2021, reaching an all time high of 466.23 EUR/Month in the first quarter of 2020 and a record low of 24.53 EUR/Month in the first quarter of 2000. This page provides - Romania Minimum Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news.
Wednesday 16 June 2021
Military Expenditure in Romania increased to 5579 USD Million in 2020 from 4613 USD Million in 2019. Military Expenditure in Romania averaged 3477.39 USD Million from 1980 until 2020, reaching an all time high of 9163 USD Million in 1986 and a record low of 1857 USD Million in 2000.
Wednesday 16 June 2021
Manufacturing Production in Romania increased 13.60 percent in March of 2021 over the same month in the previous year. Manufacturing Production in Romania averaged 3.49 percent from 2001 until 2021, reaching an all time high of 21.70 percent in March of 2007 and a record low of -44.50 percent in April of 2020. This page provides - Romania Manufacturing Production - actual values, historical data, forecast, chart, statistics, economic calendar and news.
Wednesday 16 June 2021
Long Term Unemployment Rate in Romania increased to 1.60 percent in the third quarter of 2020 from 1.20 percent in the second quarter of 2020. Long Term Unemployment Rate in Romania averaged 3.09 percent from 1997 until 2020, reaching an all time high of 5.30 percent in the fourth quarter of 2003 and a record low of 1.20 percent in the second quarter of 2020. In Romania, the long term unemployment rate refers to the share of unemployed persons since 12 months or more in the total number of active persons (those who are either employed or unemployed) in the labour market. This page provides - Romania Long Term Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
Wednesday 16 June 2021
Loans To Private Sector in Romania increased to 107702 RON Million in July from 107564.30 RON Million in June of 2018. Loans To Private Sector in Romania averaged 101024.50 RON Million from 2007 until 2018, reaching an all time high of 121752.80 RON Million in September of 2012 and a record low of 48811.80 RON Million in January of 2007. This page provides - Romania Loans To Private Sector- actual values, historical data, forecast, chart, statistics, economic calendar and news.
Wednesday 16 June 2021
Living Wage Individual in Romania decreased to 1300 RON/Month in 2018 from 1330 RON/Month in 2017. Living Wage Individual in Romania averaged 1290 RON/Month from 2015 until 2018, reaching an all time high of 1330 RON/Month in 2017 and a record low of 1250 RON/Month in 2015.
WageIndicator Living Wage computations are based on the cost of living for a predefined food basket derived from the FAO database distinguishing 50 food groups with national food consumption patterns in per capita units, for housing and for transportation, with a margin for unexpected expenses. The data about prices of these items is collected through an online survey.
Wednesday 16 June 2021
Living Wage Family in Romania decreased to 2160 RON/Month in 2018 from 2200 RON/Month in 2017. Living Wage Family in Romania averaged 2150 RON/Month from 2015 until 2018, reaching an all time high of 2200 RON/Month in 2017 and a record low of 2100 RON/Month in 2015.
WageIndicator Living Wage computations are based on the cost of living for a predefined food basket derived from the FAO database distinguishing 50 food groups with national food consumption patterns in per capita units, for housing and for transportation, with a margin for unexpected expenses. The data about prices of these items is collected through an online survey. Living Wage for a typical family refers to the family composition most common in the country at stake, calculated on the respective fertility rates.
Wednesday 16 June 2021
Lending Rate in Romania remained unchanged at 1.75 percent in May from 1.75 percent in April of 2021. Lending Rate in Romania averaged 10.85 percent from 2003 until 2021, reaching an all time high of 45 percent in February of 2003 and a record low of 1.75 percent in January of 2021. In Romania, the interest rates on the NBR’s standing facilities (deposit facility and lending facility) set a symmetrical corridor around the monetary policy rate. This page provides - Romania Credit Facility Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.
Wednesday 16 June 2021
Labour Costs in Romania increased to 160.80 points in the first quarter of 2021 from 122 points in the fourth quarter of 2020. Labour Costs in Romania averaged 72.87 points from 1995 until 2021, reaching an all time high of 165.40 points in the first quarter of 2020 and a record low of 2.10 points in the third quarter of 1995. This page provides - Romania Labour Costs - actual values, historical data, forecast, chart, statistics, economic calendar and news.
Wednesday 16 June 2021
Labor Force Participation Rate in Romania decreased to 55.20 percent in the fourth quarter of 2020 from 55.50 percent in the third quarter of 2020. Labor Force Participation Rate in Romania averaged 56.90 percent from 1996 until 2020, reaching an all time high of 67.80 percent in the third quarter of 1996 and a record low of 52.70 percent in the first quarter of 2016. This page provides - Romania Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.
Wednesday 16 June 2021
Job Vacancies in Romania decreased to 0.79 percent in the first quarter of 2021 from 0.95 percent in the fourth quarter of 2020. Job Vacancies in Romania averaged 0.99 percent from 2008 until 2021, reaching an all time high of 2.14 percent in the first quarter of 2008 and a record low of 0.50 percent in the fourth quarter of 2009. This page provides - Romania Job Vacancies Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
Wednesday 16 June 2021
IP Addresses in Romania increased to 3664561 IP in the first quarter of 2017 from 3646075 IP in the fourth quarter of 2016. IP Addresses in Romania averaged 2693163.31 IP from 2007 until 2017, reaching an all time high of 3664561 IP in the first quarter of 2017 and a record low of 1423800 IP in the third quarter of 2007. This page includes a chart with historical data for RomaniaIP Addresses.
Wednesday 16 June 2021
Internet Speed in Romania increased to 16990.81 KBps in the first quarter of 2017 from 16123.71 KBps in the fourth quarter of 2016. Internet Speed in Romania averaged 8579.88 KBps from 2007 until 2017, reaching an all time high of 16990.81 KBps in the first quarter of 2017 and a record low of 3458.38 KBps in the third quarter of 2007. This page includes a chart with historical data for RomaniaInternet Speed.
Wednesday 16 June 2021
The National Bank of Romania kept its benchmark interest rate at 1.25 percent during its May 2021 meeting, choosing to wait before acting, amid expectations of sharp inflation growth. Moreover, it held both the deposit facility rate at 0.75 percent and the lending facility rate at 1.75 percent, and kept unchanged the existing levels of minimum reserve requirement ratios. Aiming at preserving price stability, the NBR Board stands ready to use its available instruments as to support the recovery of economic activity in the context of fiscal consolidation, while safeguarding financial stability. Interest Rate in Romania averaged 5.02 percent from 2005 until 2021, reaching an all time high of 12.50 percent in May of 2005 and a record low of 1.25 percent in January of 2021. In Romania, interest rates decisions are taken by the Board of the National Bank of Romania (Banca Nationala a Romaniei). The official interest rate is the Policy Rate. This page provides the latest reported value for - ...
Wednesday 16 June 2021
Romania Three Month Interbank Rate was at 1.34 percent on Tuesday June 15. Interbank Rate in Romania averaged 20.83 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 16 June 2021
The Consumer Price Index in Romania decreased 0.23 percent in June of 2019 over the previous month. Inflation Rate Mom in Romania averaged 2.56 percent from 1990 until 2019, reaching an all time high of 30.70 percent in March of 1997 and a record low of -2.95 percent in June of 2015. Inflation Rate MoM measures month over month change in the price of goods and services. This page provides - Romania Inflation Rate MoM- actual values, historical data, forecast, chart, statistics, economic calendar and news.
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