Romania's Finance Ministry raised RON1.1 billion from banks on Monday (August 4), selling government paper in two auctions, at annual average yields of 7.23% and 7.31%, respectively.
The three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, as well as for companies' leu-denominated loans, opened the week at 6.61%, down from 6.64% on Friday, August 1, in line with central bank data.
Meltem Textil, a company based in Mizil, Prahova County, and held by Mustafa Murat Iplikci and Mehmet Iplikci, will start in August construction works for its new pillow and duvet plant, a EUR7 million investment, via the Just Transition scheme, according to its officials.
Romania's finance ministry has announced on July 25 that it will carry out a new issue of Fidelis government bonds for retail investors between August 1 and 8, 2025, which is the sixth Fidelis edition this year.
The shareholders of pharmaceutical producer Antibiotice Iasi (ATB.RO) will discuss in the Ordinary General Meeting on August 26 a RON376 million investment project in an Innova a+ research and development and critical medicine production center.
Romania's industrial production increased by 14% in September 2024, in unadjusted data, compared to August 2024, but was down 0.1% . when adjusted for the number of working days and seasonality, data from the country's statistics board INS showed on Wednesday (Nov 13).
The average net salary in Romania increased by 1.4% in nominal terms in September 2024 compared to August 2024, to 5,228 (EUR1,051), data from the country's statistics board INS showed on Tuesday (Nov 12, 2024).
Romania’s industrial production decreased by 4.3% in unadjusted data in August 2024 versus August 2023 and by 2% when adjusted for seasonality and the number of working days, data from the country’s statistics board INS showed on Monday (Oct 14, 2024).
The average net salary in Romania decreased by 1.6% in nominal terms in August 2024 compared to July 2024, to 5,158 (EUR1,037), data from the country's statistics board INS showed on Friday (Oct 11, 2024).
Romania's industrial production prices for the total (domestic market and non-domestic market) rose 2.7% in August 2024 compared to August 2023, data from Romania’s National Statistics Institute INS showed on Wednesday (Oct 2, 2024).
Romania’s unemployment rate stood at 5.5% in August 2024, higher by 0.1 percentage point compared to July 2024, data from the country’s statistics institute INS show on Wednesday (Oct 2, 2024).
Romanian authorities issued 3,360 residential building permits in August 2024, 3.6% fewer than in July 2024 and 7.9% more than in August 2023, data from the country’s statistics board INS showed on Monday (Sept 30, 2024).
The net assets of the 95 open-end equity funds operating in Romania edged 1% higher in August 2024 and grew by 25.6% so far in 2024, up to RON25.6 billion (EUR5.2 billion), in line with the latest August data from the Association of Asset Managers (AAF).
Private lending in Romania went up 7.7% to RON407.8 billion in August 2024 compared with August 2023, central bank data showed on Tuesday (Sept 23, 2024).
Romania's annual inflation took a step back but stayed above 5%, reaching 5.1% in August 2024, after climbing to 5.4% in July 2024, data from the country's statistics board INS showed on Wednesday (Sept 11).
New car registrations decreased by 22.64% to 9,972 units in Romania in August 2024 compared with the same month of 2023, in line with data provided by Romanian carmakers’ association ACAROM.
Average sale prices of apartments, both old and new, increased by 17% in August compared with the year-ago month, the latest data from Storia, the real estate platform of OLX, show.
The BCR Romania Manufacturing PMI index, which assesses the state of the manufacturing industry in accordance with Standard &Poor’s standards, shows that the activity in Romania’s manufacturing industry kept shrinking in August 2024, as companies continued to contend with weak demand conditions.
Romania's foreign exchange reserves decreased by EUR392 million over the course of August 2024, down to EUR63.1 billion at the end of the month, compared with EUR63.5 billion at the end of July 2024, central bank data showed on Monday (September 2, 2024).
Romania's Finance Ministry raised RON682 million from banks on Monday (August 19), selling government paper at an annual average yield of 6.55%.