June | Romania Feed

Romania's Finance Ministry has raised RON518 million from banks on Thursday (June 20), selling government paper at an annual average yield of 6.27%.

Banca Transilvania (BSE:TLV), the largest credit institution in Romania, on June 26 will be distributing dividends worth RON1 billion from its 2023 record profit of RON3 billion, respectively a gross dividend of RON1.2521 per share.

Romania's Finance Ministry has raised RON500 million from banks on Monday (June 17), selling benchmark bonds at an annual average yield of 6.43%.

Starting June 18 until June 28, retail investors can subscribe Fidelis government bonds at interest rates of 7% for lei and 5% for euro in a new issue carried out by the Finance Ministry.

Romania's Finance Ministry raised RON3.33 billion from banks on Thursday (June 13), selling government paper in two auctions, at annual average yields of 6.02% and 6.86%, respectively.

Romania's Finance Ministry raised RON1.03 billion from banks on Monday (June 10), selling government paper in two auctions, at annual average yields of 6.29% and 6.69%, respectively.

Romania’s finance ministry is launching new Tezaur Treasury bills on Monday, June 30, the ministry announced on Friday.

Romania's Finance Ministry raised RON2.8 billion from banks on Thursday (June 6), selling government paper in two auctions, at annual average yields of 6.03% and 6.75%, respectively.

Romanian companies that intend to list on the Bucharest Stock Exchange, on the Main or AeRO markets, can access, from June 7, 2024, non-refundable funds that cover the costs related to running a public offer or a private placement and, subsequently, the admission to trading.

Romanian brokerage firm BRK Financial Group [BSE:BRK] will act as issuer market maker for Sphera Franchise Group [BSE:SFG], the Bucharest Stock Exchange (BSE), starting with June 4, 2024.

Romania's Finance Ministry raised RON862.9 million from banks on Monday (June 3), selling government paper in two auctions, at annual average yields of 6.63% and 6.83%, respectively.

Radisson Blu Hotel Bucharest will open the NAMI Beach Club & More relaxation center in June, following a EUR1 million refurbishment process.

Fly Lili, held by German businessman Jürgen Andreas Faff, will start operating flights from Brasov-Ghimbav International Airport to Munich, Nuremberg, Stuttgart, Rome, Thessaloniki, and Istanbul from June 15, 2024, and then add Milan and Barcelona in July.

HiSky airline plans to start operating Bucharest-New York flights in June 2024, with this being the first time in recent years that transatlantic flights exist in Romania.

The average net salary in Romania decreased by 0.8% in nominal terms in July 2023 compared to June 2023, to 4,565 (EUR920), data from the country's statistics board INS showed on Tuesday (Sept 12).

Romania's new industrial orders in manufacturing, for the total (on the domestic and external markets) edged down 0.6%, in nominal terms, in June 2023 compared to May 2023, but grew 9.7% compared to June 2022, data from the country's statistics board INS showed on Friday (August 18).

The volume of construction works in Romania increased, in unadjusted data, by 15.2% in June 2023 compared to June 2022 and was up 15.4% when adjusted to the number of working days and to seasonality, data from the country’s statistics board INS showed on Friday (August 18).

Romania’s industrial sales (on the domestic and external markets) decreased by 5.7% in nominal terms in June 2023 compared to May 2023 and by 0.7% versus June 2022, data from the country’s statistical office INS showed on Friday (August 18).

Romania’s industrial production decreased by 5.9% in unadjusted data in June 2023 versus June 2022 due to drops reported for the electricity, gas, steam and air conditioning supply (-9.4%) and manufacturing (-6%), data from the country’s statistics board INS showed on Thursday (August 16, 2023).

EVERGENT Investments, an investment company listed at the Bucharest Stock Exchange under the ticker symbol EVER, said in its half-year financial report of Aug 8 that it surpassed the threshold of EUR500 million in assets under management on June 30, 2023, up 2.5% versus June 30, 2022, amidst heightened volatility, the European and global macro-financial climate and regional geopolitical tensions