Irish fashion retailer Primark, famous for its large format stores and low pricing strategy, has announced on May 11, 2023 that it will open its second store in Romania, in Bucharest-based AFI Cotroceni shopping center, on June 20, 2023.
The average net salary in Romania increased by 1.2% in nominal terms in June 2022 compared with May 2022, to 3,977 lei (EUR811), data from the country's statistics board INS showed Thursday (August 11).
Romania’s central bank forecasts an annual inflation rate of 13.9% in December 2022, of 7.5% in December 2023 and of 2.3% in June 2024, in line with the quarterly inflation report presented by central bank governor Mugur Isarescu on Tuesday (August 9).
Industrial production prices for the domestic and non-domestic markets grew by 48.1% in June 2022 versus June 2021, data from Romania’s statistics board INS showed Wednesday (August 3).
Romania’s unemployment rate stood at 5.3% in June 2022, lower by 0.1 percentage points than 5.4% in May 2022, data from the country’s statistics institute INS shows on Thursday (June 30).
Private lending in Romania grew by 17.5% to RON352.8 billion in June 2022 compared with June 2021, as local currency lending increased by 19% and foreign currency lending by 13.7%, central bank data showed on Monday.
The number of real estate deals in Romania stood at 52,946 in June 2022, 11,660 fewer than in May 2022, data from the national cadaster agency ANCPI showed Wednesday.
Romania's foreign exchange reserves increased to EUR42.03 in June from EUR40.9 billion in May, central bank data showed Friday.
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 6.44% a year on Thursday (June 30) from 6.41% on Wednesday (June 29), 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 6.41% a year on Wednesday (June 29) from 6.28% on Tuesday (June 28), as per central bank data.
The first commercial exchanges with electricity with Ukraine and the Republic of Moldova, after the synchronization with the European network, will be carried out starting Thursday (June 30), on the interconnection with Romania, according to Romanian state-owned power grid operator Transelectrica (TEL.RO).
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 6.28% a year on Tuesday (June 28) from 6.26% on Monday (June 27), as per central bank data.
Romania's finance ministry raised RON595 million on Thursday (June 23) and Friday (June 24), selling bonds maturing in October 2034, at an annual average yield of 9.07%.
Banca Comerciala Romana (BCR), one of the most important financial groups in Romania, is listing a new green bonds issue, worth RON702 million, under the stock ticker BCR27A, on Wednesday (June 22).
The Bucharest Stock Exchange on Tuesday said the bonds issued by Crama La Salina, in the amount of EUR2 million, will start trading on the Multilateral Trading System (MTS) of the Bucharest Stock Exchange on Thursday (June 23).
Romania’s Finance Ministry raised RON567 million from banks via a government paper auction, at an annual yield of 9.23% on Monday, June 20.
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, grew to 6.17% a year on Thursday (June 16) after stagnating at 6.15% a year for three days, as per central bank data.
The green bonds of Banca Comerciala Romana (BCR), the second largest lender in Romania by assets, started trading on the Main Market of the Bucharest Stock Exchange on Thursday (June 9), under the ticker symbol BCR27A.
Banca Transilvania (TLV.RO), the largest lender in Romania by assets, has notified its shareholders that June 16 is the pay date for the dividends decided by the General Meeting of Shareholders at the end of April, the lender said in a report to the Bucharest Stock Exchange.
Shares of One United Properties, a real estate developer of residential, office and mixed-use projects in Romania, will be included, starting June 20, in a new FTSE Russell index: the FTSE EPRA Nareit EMEA Emerging one.