March | Romania Feed

Romania’s finance ministry will be launching new government bond issues for the general population only, starting Wednesday (March 1, 2023), through the TEZAUR program.

Wizz Air announced on Tuesday (Feb 27) that it would suspend all flights from and to Chisinau, the capital city of the Republic of Moldova, starting March 14, 2023.

SII Romania, specialized in IT services and solutions, ended fiscal year April 2021-March 2022 with EUR19 million turnover, up 48% from the previous period, according to the company’s officials.

EVERGENT Investments, the largest capitalization investment company – 1.2 billion lei – of all investment companies, reported for March 31, 2022, an increase of 11.1% in the total assets and an increase of 11.6% in the net asset value compared to March 31, 2021.   Thus, the total value of EVERGENT Investments’ assets is 2.5 […]

The average net salary in Romania increased by 5.8% in nominal terms in March 2022 compared with February 2022, to 3,937 lei (EUR797), data from the country's statistics board INS showed Thursday.

The number of metro passengers grew by 53% year-over-year in the first three months of 2022, with March seeing a record high of the last two years as pandemic-related restrictions were lifted, which shows a gradual resumption of activity in Bucharest-based office buildings, as per a report by real estate consulting firm Cushman & Wakefield Echinox based on data from Bucharest underground system operator Metrorex.

The number of metro passengers increased by 53% in Q1 2022 compared with the same period of 2021, a record for the last two years being registered in March, once the pandemic related restrictions were lifted, which indicates a gradual resumption of activity in the Bucharest office buildings, according to an analysis performed by the […]

Romanians bought medicines worth RON22.2 billion (EUR4.51 billion) in the period April 2021 – March 2022, at wholesale prices, 22.6% more than in the year-earlier period, in line with the Cegedim Customer Information report.

Industrial production prices for the domestic and non-domestic markets grew by 51.7% in March 2022 versus March 2021 and by 7% in March 2022 compared to February 2022, data from Romania’s statistics board INS showed Tuesday.

Romania’s unemployment rate was flat on the month at 5.7% in March 2022, data from the country’s statistics institute INS shows on Monday (May 2).

Private lending in March expanded by 15.7% from the year-earlier period, to RON336.1 billion, after local currency lending increased by 20% and foreign currency lending by 5.6% when expressed in lei, central bank data showed on Wednesday.

The number of real estate deals in Romania stood at 72,123 in March 2022, 13,460 more than in February 2022, data from the national cadaster agency ANCPI showed Friday.

Audiobooks have dominated the top of the literary charts in March at the expense of e-books, with 12 times higher numbers than digital books, according to Voxa’s internal research, the first Romanian streaming platform for audiobooks and e-books.   “Audio is by far the most accessed format from our platform. Voxa users’ preference for audiobooks […]

Romania's foreign exchange reserves decreased by EUR1.73 billion in March 2022 versus February 2022, to EUR40.1 billion, central bank data showed Friday.

New car registrations in Romania increased by 40.25% year-over-year to a total 11,025 units in March 2022, data from the association of automotive manufacturers in Romania (ACAROM) and of Romania’s General Directorate for Driving Licenses and Car Registration (DRPCIV) 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, kept the upward trend of the past weeks and grew to 4.60% a year on Thursday (March 31, 2022) from 4.59% a year on Wednesday (March 30), in line with central bank data.

The Bucharest Stock Exchange announced that Brikston Construction Solutions returns on the capital market as an AeRO Listed Company on Tuesday, March 29.

Following the AmCham Romania Annual General Meeting of Members (AGM) on March 23, 2022, the Board of Directors of the organization for the March 2022 – March 2023 mandate, will have the following structure:   President: Ionuț Simion, Partner, Clients & Markets Leader – PwC Romania. Vice-Presidents: Cristian Sporiș, Vice-President, Head of Corporate Banking – […]

An International Charity Concert-Marathon aimed at supporting Ukraine and named Save Ukraine – #StopWar will be happening on the basis of TVP, a Polish TV channel, on Sunday, 27 March, at 17:30 CET (18:30 Kiev time) and will take place in Warsaw.   Among the key messages of the project are #StopWarInUkraine, #StandWithUkraine. Musicians, artists, […]

Five new Bucharest Stock Exchange listed companies are included as of Monday (March 21, 2022) in the FTSE Russell index series dedicated to Emerging Markets: MedLife (M), Purcari Wineries (WINE), Conpet (COTE), IMPACT Developer & Contractor (IMP) and Sphera Franchise Group (SFG).