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 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.
Romania’s unemployment rate stood at 5.2% in September 2022, higher by 0.1 percentage points than 5.1% in August 2022, data from the country’s statistics institute INS shows on Thursday (Nov 3).
Industrial production prices for the total (domestic market and non–domestic market) increased by 46.7% in September 2022 compared to September 2021, data from Romania's statistics board INS showed on Wednesday.
Private lending in Romania in September went up by 16% from September 2021, to a total volume of RON364.7 billion, after local currency lending rose by 14.3% and foreign currency lending, expressed in lei, increased by 20%, in line with central bank data.
Stock indices posted sharp declines in September 2022, sending most international equity markets into correction territory at the end of the first nine months as investors’ fears about rising interest rates and the possibility of a recession in developed markets gain momentum.
Romania's annual inflation rate surged to 15.9% in September 2022 as compared to September 2021, data from the country's statistics board INS showed on Wednesday (October 12).
The number of real estate deals in Romania stood at 62,054 in September 2022, 3,668 more than in August 2022, data from the national cadaster agency ANCPI showed on Tuesday (Oct 11).
The prices of old three-room apartments in Bucharest went down, on average, by EUR750 or 0.7% to EUR108,350 in September. The decline is higher than the EUR150 registered in August versus July, shows the ZF Real Estate Index done in partnership with real estate consulting company SVN Romania.
New car registrations in Romania increased by 33.38% to a total 11,927 units in September 2022 versus September 2021, data from the association of automotive manufacturers in Romania (ACAROM) and of Romania’s General Directorate for Driving Licenses and Car Registration (DRPCIV) showed on Monday (Oct 3).
Romania's foreign exchange reserves increased to EUR43.7 billion in September 2022, higher by EUR860 million than in August 2022, central bank data showed on Monday (October 3).
Kateryna Stepanenko, Katherine Lawlor, Grace Mappes, Riley Bailey, George Barros, and Frederick W. Kagan September 30, 8:30 pm ET Click here to see ISW’s interactive map of the Russian invasion of Ukraine. This map is updated daily alongside the static maps present in this report. Russian President Vladimir Putin did not threaten an immediate nuclear attack to halt the Ukrainian counteroffensives into Russian-occupied Ukraine during his speech announcing Russia’s illegal annexation of Ukrainian territory. ISW analysts broke down Putin’s speech in a separate September 30 Special Report: “Assessing Putin’s Implicit Nuclear Threats after Annexation.” Russian President Vladimir Putin announced the illegal Russian annexation of four Ukrainian territories on September 30 without clearly defining the borders of those claimed territories. Kremlin spokesperson Dmitry Peskov declined to specify the borders of the newly annexed territories in a September 30 conversation with reporters: "[the] Donetsk and Luhansk People'...
Nicholas Carl, Kitaneh Fitzpatrick, Zachary Coles, and Frederick W. Kagan September 30, 5:00 pm ET The Iran Crisis Updates are produced by the Critical Threats Project (CTP) at the American Enterprise Institute with support from the Institute for the Study of War (ISW). Anti-regime protests are continuing in at least 10 major cities in eight provinces and escalated violently in southeastern Sistan and Baluchistan Province on September 30. Protesters clashed with security forces in Zahedan, Sistan and Baluchistan Province, attacking local police stations and killing the provincial head of Islamic Revolutionary Guards Corps (IRGC) intelligence.[1] Social media users suggested that state security services deployed helicopters to abet their crackdown.[2] These clashes are among the most violent in the ongoing protest wave thus far. The security situation around Zahedan could worsen in the coming days and weeks, straining state security services more than they already are. Anti-regime militancy is common around Za...