Romania's finance ministry raised RON419 million on Thursday (July 7), above the planned level of RON300 million, selling bonds maturing in October 2034, at an annual average yield of 9.13%.
Romania’s 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, has increased to 6.76% a year on Thursday (July 7) from 6.63% on Wednesday (July 6), as per central bank data.
Romania’s 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, has increased to 6.60% a year on Tuesday (July 5) from 6.55% on Monday (July 4), as per central bank data.
Romania's finance ministry raised RON1.3 billion on Monday (July 4) from banks via two government paper auctions at annual average yields of 8.75% and 8.80%.
City Grill group, controlled by businessman Dragos Petrescu, is adding the first hotel to its portfolio. The hotel is due to be opened on July 1st in the historic building that hosts Hanu Berarilor, close to Bucharest’s old town.
Secret Project is extending its roots on European soil once again, as it is proud to present Pula Music Week, coming to the old city of Pula, Croatia this summer. From 30 June – 6 July, some of the world’s finest house and techno DJs are set to arrive along the Adriatic Coast for 7 days of exclusive […]
After posting two-digit growth and supporting the Romanian economy in 2020, constructions slid in July 2021, by 2.4% year-on-year. The 6.7% infrastructure decline and the 19% decrease of non-housing activity drove the field down, in line with National Statistics Institute data.
The volume of Romanian construction works decreased, as gross series, by 5.8%, in July 2021 compared to June 2021, and by 3.6% as adjusted series according to the number of working days and to seasonality, data from the country’s statistics board INS showed Thursday.
Romania's public debt climbed to RON545.3 billion (EUR110 billion) in July 2021, accounting for 49.3% of the gross domestic product (GDP), per finance ministry data.
The average net salary in Romania inched up 0.1% in nominal terms in July 2021 compared with June 2021, to 3,545 lei (around EUR716), data from the country's statistics board showed Friday.
Romanian consumers took out more than RON2.87 billion new consumer loans in July 2021, the highest monthly volume in 14 years and 37.3% higher on the year-ago month.
Cefin Trucks, importer and distributor of Ford Trucks in Romania, on Monday said it sold a total 2,000 trucks between May 2017 and July 2021, worth a total, EUR160 million, per calculations by ZF.
Industrial production prices for the domestic and non-domestic markets grew by 2.3% in July 2021 versus June 2021 and by nearly 14% in July 2021 versus July 2020, data from Romania’s statistics board INS showed Thursday.
Romania's seasonally adjusted unemployment rate grew by 0.1 percentage points to 5.1% on the month in July 2021, data from the country's statistics board showed Wednesday.
Dacia Sandero, produced in Romania, was the top-selling car in Europe in July 2021, per data from the Automotive News Europe, based on Jato Dynamics data. This is the first time when Dacia Sandero has placed first in Europe, in a month.
The net assets of the 227 domestic and foreign open-end and closed-end investment funds operating in Romania fell 0.4% in July 2021, to RON50.2 billion (EUR10.2 billion), but grew by 12.9% since the beginning of 2021, the Association of Fund Administrators said Friday.
Garden Inn Bucharest Airport Hotel, controlled by Lithuania’s Apex Alliance, in July posted a 70% occupancy rate, with demand on an upward trend in recent months.
Private lending grew by 2.1% in nominal terms and 1.1% in real terms to RON306.590 billion in July 2021 compared with June 2021, central bank data showed Tuesday.
Romania’s annual inflation rate sped up in July to 5%, while from June 2021 consumer prices were up 1.0%, in line with data from the country’s statistics board.