January-June | Romania Feed

Romania's current account balance posted a deficit of EUR9.82 billion in January-June 2023, lower than the EUR11.9 billion in the same period of 2022, central bank data showed on Monday (August 14, 2023).

Allianz-Tiriac reported underwritings of RON1.6 billion in January-June 2022, double against the same period of 2021, in line with data from company representatives.

Romanian vacuum cleaner and home appliances manufacturer Electroarges (ELGS.RO) had a net profit of RON1.3 million in January-June 2021, from a loss of RON9.5 million in the same period in 2020, amid sales revenue of RON132.5 million, up 11.7% on the year, per calculations by Ziarul Financiar based on data from the company's half-year financial report.

Romania's general consolidated budget posted a deficit of RON33.81 billion in January-June 2021, or 2.96% of the gross domestic product, lower than RON45.17 billion, or 4.28% of GDP, in the first six months of 2020, when the economy was mostly shut down by the pandemic, per finance ministry data.