September | News

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).

Romania's Finance Ministry raised RON1.8 billion from banks on Monday (September 25), selling government paper in two auctions, at annual average yields of 6.49% and 6.90%.

Romania's Finance Ministry raised RON1.33 billion from banks on Thursday (September 21), selling government paper in two auctions, at annual average yields of 6.83% and 6.87%.

The International Monetary Fund announced today that a team led by Jan Kees Martijn will be in Bucharest during the September 25-October 4 period to assess the state of the local economy, within the annual analysis carried out by the institution.

AROBS Transilvania Software, a company present on the Romanian capital market since 2021, will start trading on the Main Market of the Bucharest Stock Exchange (BVB) on Monday (September 25) following the transfer from the AeRO market, the equity segment of the BVB’s Multilateral Trading System (MTS), BVB has announced on Friday (Sept 15).

President Volodymyr Zelensky announced the start of preparations for a productive September for Ukraine.

Hungary will ask the EU to extend the ban on the import of Ukrainian grain to the five EU countries beyond September 15.

Greece’s PPC would complete the acquisition of Enel Romania in September, which will boost its customer number by 57% and the energy production capacity in operation by 14%, the group said.

Julien Ducarroz, chief executive officer of Orange Poland since 2020, will trade places with Orange Romania CEO Liudmila Climoc in September.

The United States will allocate more than $10 billion to Ukraine by September 2023 to cover the budget deficit.

The average net salary in Romania increased by 1.8% in nominal terms in September 2022 compared with August 2022, to 4,003 lei (EUR818), data from the country's statistics board INS showed on Friday (Nov 11).

Retail turnover, a barometer for private consumption, declined by 3.6% in gross series in September from August amid falling sales of foodstuffs, beverages and tobacco (by 8.3%, fuel (by 2.2%) and non-food items (by 0.4%), in line with data from the country’s statistics board INS.