September | News

The Ukraine Defense Contact Group (Ramstein format) will meet in Germany on September 6.

Repairs on the Estonian-Finnish electricity interconnection EstLink 2 are due to be completed on 12 September and the interconnection will be available for the market from the next day.

The shares of three companies listed on the Bucharest Stock Exchange, namely, Premier Energy, Electromagnetica and Iproeb Bistrita, will be included in the MSCI Frontier and MSCI Romania indices. Romania's equity market presence in the MSCI indices will increase to 32 companies, starting on September 2, 2024, following the quarterly index review conducted by global index provider MSCI in August this year.

  Francis Ford Coppola's long-awaited and self-financed epic film "Megalopolis," a $120 million ensemble drama, has secured a distribution deal with Lionsgate for a U.S. theatrical and IMAX release on September 27, 2024. The film stars Adam Driver as a genius artist envisioning a utopian future for the city of New Rome, with Giancarlo Esposito […]

The southern Polish city of Kraków is gearing up to host the European Rover Challenge (ERC), an international competition for Mars rovers and the largest robotics and space event in Europe, from September 6 to 8.

The average net salary in Romania increased by 2.2% in nominal terms in October 2023 compared to September 2023, to 4,692 (EUR944), data from the country's statistics board INS showed on Wednesday (December 12).

The volume of construction works in Romania increased, in unadjusted data, by 9.3% in September 2023 compared to September 2022 and was up 10.3% when adjusted to the number of working days and to seasonality, data from the country’s statistics board INS showed on Tuesday (Nov 21).

Romania’s industrial production decreased by 5.1% in unadjusted data in September 2023 versus September 2022 due to drops reported for the electricity, gas, steam and air conditioning supply (-11.7%) and manufacturing (-4.8%), data from the country’s statistics board INS showed on Tuesday (November 14, 2023).

The average net salary in Romania increased by 1.4% in nominal terms in September 2023 compared to August 2023, to 4,593 (EUR924), data from the country's statistics board INS showed on Thursday (October 12).

Retail sales volume in Romania (excluding the trade with motor vehicles and motorcycles) inched down 0.9% in unadjusted data and grew by 0.7% when adjusted for seasonality and number of working days, in September 2023 compared to September 2022, data from the country’s statistics institute INS showed on Wednesday (November 8).

Romania’s unemployment rate stood at 5.4% in September 2023, the same as in August 2023, data from the country’s statistics institute INS show on Friday (November 3).

Industrial production prices dropped by 0.4% in September against the same period of 2022, as prices on the domestic market declined by 1%, while prices on the non-domestic market edged up by 0.9%, data from Romania’s National Statistics Institute INS showed on Thursday, November 2, 2023.

In September, the Russian occupation forces used about 500 drones to attack the territory of Ukraine. Currently, the number of drones used has decreased somewhat, which indicates that the enemy is accumulating them.

The BET index of the Bucharest Stock Exchange (BVB) reached a new all-time high in September 2023, showing a level of 14,466 points at the end of the trading session on September 20.

Private lending in Romania grew by 4.5% in nominal terms (down 4% in real terms) to RON381.1 billion in September 2023 compared to September 2022, central bank data showed on Monday (October 23).

Romania's annual inflation decreased to 8.8% in September 2023, after stagnating at 9.4% month-on-month in August 2023, data from the country's statistics board INS showed on Thursday (October 12).

The ten most active brokers at the Bucharest Stock Exchange intermediated deals worth RON3.22 billion in September 2023, accounting for 88.5% of total intermediations, as per calculations by Ziarul Financiar (ZF) daily based on stock market data.

In September, the import of natural gas to Ukraine amounted to 982.7 million cubic metres, of which 56 per cent came from Slovakia, with most of the said volume transported by non-resident traders for storage, Transmission System Operator of Ukraine informed on Monday.

September brought more than one million applications on the labor market, the highest level since the start of the year, but also around 10% more than in September 2022, reveals an analysis by eJobs, Romania’s largest online recruitment platform.

Romania's foreign exchange reserves stood at EUR59.23 billion in September 2023, higher by EUR5.3 billion versus August 2023, after Romania had received a tranche of the National Recovery and Resilience Plan (NRRP) and the state budget had been fueled with money from the finance ministry's eurobond issues, central bank data showed on Monday (October 2).