Romania's Finance Ministry raised RON603 million from banks on Thursday, July 20, selling government paper in two auctions, at annual average yields of 6.50% and 6.22%.
Bucharest Stock Exchange will see the first licensed stock brokerage firm launched after a 14-year hiatus on Monday, July 24, once Investimental starts operations.
Romania's Finance Ministry raised RON843 million from banks on Monday, July 17, selling government paper maturing in September 2032, at an annual average yield of 6.54%.
Romania's Finance Ministry raised RON1.2 billion from banks on Thursday, July 13, selling government paper maturing in 2038, at an annual average yield of 6.64%.
Romania's finance ministry on Tuesday announced that a new issue of Fidelis government bonds for retail investors would launch on July 17. The bonds will then be listed on the Bucharest Stock Exchange and are not subject to tax. The offering ends on July 28.
Romania's Finance Ministry raised RON583.5 million from banks on Monday, July 10, selling government paper maturing in October 2033, at an annual average yield of 6.87%. The bond issue has a nominal value of RON500 million.
Romania's Finance Ministry raised RON566 million from banks on Thursday (July 6), selling government paper maturing in 2030, at an annual average yield of 6.74%.
P3 Logistic Parks (P3), a long-term investor, owner, developer and manager of logistics properties in Europe, announced that Andrzej Wronski, Group Head of Asset Management within the company, will be taking over the role of Managing Director for P3 Romania, starting July 1, 2023.
The volume of Romanian construction works increased, in unadjusted data, by 6.8%, in July 2022 as compared to July 2021, and by 8.2% when adjusted to the number of working days and to seasonality, data from the country’s statistics board INS showed Monday (Sept 19).
Industrial production prices, a key indicator in gauging inflation, in July 2022 rose by 5.2% on the month and by 52.3% compared to July 2021, both on the domestic market and for the foreign one, with the biggest increase coming in the energy area, where prices spiked by 151% year-on-year, in line with national statistics board (INS) data.
Private lending in Romania grew by 16.8% to RON358.1 billion in July 2022 compared with July 2021, as local currency lending increased by 18% and foreign currency lending expressed in lei by 13.9%, central bank data showed on Wednesday.
Romania, with an annual inflation rate of 13% in July 2022 (based upon the harmonized consumer price index of the European Commission), has the second lowest rate in the European Union (EU), as per data from the EU’s statistical office Eurostat.
The annual inflation rate in the European Union was 9.8% in July 2022, up from 9.6% in June 2022 and from 2.5% in July 2021. In Romania, the annual inflation was 13% in July 2022, in line with data from Eurostat, the statistical office of the European Union, on Thursday (August 18).
Romania's annual inflation rate accelerated to 15% in July 2022 as compared to July 2021, data from the country's statistics board INS showed Thursday (August 11).
The number of real estate deals in Romania stood at 57,310 in July 2022, 4,364 more than in June 2022, data from the national cadaster agency ANCPI showed Friday.
New passenger car registrations in Romania in July 2022 declined by 21.9% from July 2021, to 12,099, according to the association of car manufacturers in Romania (ACAROM) and Romania’s General Directorate for Driving Licenses and Car Registration (DRPCIV).
Romania's foreign exchange reserves increased to EUR48.51 billion in July 2022 from EUR47.82 billion in June 2022, central bank data showed on Monday (August 1).
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 7.97% a year on Friday (July 29), ending the July 25-29 week with a 6% increase compared to Monday’s level of 7.51%, 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 7.85% a year on Thursday (July 28) from 7.71% a year on Wednesday (July 27), as per central bank data.
The three-month ROBOR, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, went up to 7.71% a year on July 27, 2022, from 7.56% on Tuesday, in line with central bank data.