June | News

The Shevchenkivskyi District Court in Kyiv ruled to extend the term of custody remand for Ukrainian businessman Ihor Kolomoisky until June 2, 2024, setting a bail at UAH 1.96 billion.

Fly Lili, held by German businessman Jürgen Andreas Faff, will start operating flights from Brasov-Ghimbav International Airport to Munich, Nuremberg, Stuttgart, Rome, Thessaloniki, and Istanbul from June 15, 2024, and then add Milan and Barcelona in July.

President of Ukraine Volodymyr Zelensky had a phone conversation with President of Switzerland Viola Amherd. The parties discussed preparations for the first Global Peace Summit in Switzerland, scheduled for June this year.

The Swiss government will host a two-day high-level conference in June aimed at achieving peace in Ukraine.

On June 10-11, Poland will host a meeting of the heads of parliaments of Ukraine, Poland, Lithuania, Latvia and Estonia.

President of Ukraine Volodymyr Zelensky has stated that Russia is planning to mobilize 300,000 new troops by June 1.

HiSky airline plans to start operating Bucharest-New York flights in June 2024, with this being the first time in recent years that transatlantic flights exist in Romania.

The average net salary in Romania decreased by 0.8% in nominal terms in July 2023 compared to June 2023, to 4,565 (EUR920), data from the country's statistics board INS showed on Tuesday (Sept 12).

The Minister of Defense of the Netherlands, Kaisa Ollongren, said since the end of June, the Netherlands had transferred a wide range of military products to Ukraine, including Leopard 1 tanks.

Romania's new industrial orders in manufacturing, for the total (on the domestic and external markets) edged down 0.6%, in nominal terms, in June 2023 compared to May 2023, but grew 9.7% compared to June 2022, data from the country's statistics board INS showed on Friday (August 18).

The volume of construction works in Romania increased, in unadjusted data, by 15.2% in June 2023 compared to June 2022 and was up 15.4% when adjusted to the number of working days and to seasonality, data from the country’s statistics board INS showed on Friday (August 18).

Romania’s industrial sales (on the domestic and external markets) decreased by 5.7% in nominal terms in June 2023 compared to May 2023 and by 0.7% versus June 2022, data from the country’s statistical office INS showed on Friday (August 18).

Romania’s industrial production decreased by 5.9% in unadjusted data in June 2023 versus June 2022 due to drops reported for the electricity, gas, steam and air conditioning supply (-9.4%) and manufacturing (-6%), data from the country’s statistics board INS showed on Thursday (August 16, 2023).

EVERGENT Investments, an investment company listed at the Bucharest Stock Exchange under the ticker symbol EVER, said in its half-year financial report of Aug 8 that it surpassed the threshold of EUR500 million in assets under management on June 30, 2023, up 2.5% versus June 30, 2022, amidst heightened volatility, the European and global macro-financial climate and regional geopolitical tensions

The average net salary in Romania increased by 1.3% in nominal terms in June 2023 compared to May 2023, to 4,600 (EUR938), data from the country's statistics board INS showed on Friday (August 11).

Between June 2022 and June 2023, the ten best performing local open-end equity funds delivered to investors yields of 9.3% to 15.4%.

Retail sales volume in Romania (excluding the trade with motor vehicles and motorcycles) increased by 1.5% in unadjusted data and by 2% when adjusted for seasonality and number of working days, in June 2023 compared to June 2022, data from the country’s statistics institute INS showed on Thursday (August 4).

Romania's industrial production prices for the total (domestic market and non–domestic market) increased by 3.8% in June 2023 compared to June 2022, data from Romania’s National Statistics Institute INS showed on Wednesday (August 2, 2023).

Romania’s unemployment rate stood at 5.4% in June 2023, lower by 0.1 percentage points than 5.5% in May 2023, data from the country’s statistics institute INS shows on Tuesday (August 1).

Romanian authorities issued 3,018 residential building permits in June 2023, 12.5% fewer than in May 2023 and 24.9% fewer than in June 2022, data from the country’s statistics board INS showed on Monday (July 31).