March | Romania Feed

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, soared to 3.91% a year on Wednesday (March 2, 2022) from 3.87% a year on Tuesday (March Feb 23), in line with central bank data.

Romania's finance ministry will be launching three new bond issues for the general population, under the Tezaur program, on Tuesday (March 1, 2022), which can be subscribed until March 25.

The Economist Impact Events and its exclusive representative, Hazlis & Rivas, in partnership with Oxygen, announces the ROMANIAN BUSINESS & INVESTMENT ROUNDTABLE Conference, titled “Is there ground for sustainable optimism?”, to take place on March 29th, 2022, in Bucharest. American technology entrepreneur and former Obama CTO Harper Reed and John Bruton, former Irish Prime Minister […]

HBO Max, WarnerMedia’s premium streaming platform, arrives in Romania on March 8, 2022, it has been confirmed today, replacing HBO Romania. HBO Max offers a world of high-quality entertainment from beloved content brands, including Warner Bros., HBO, DC and Cartoon Network, Max Originals, and much more.   Attractive pricing has also been revealed. The monthly subscription […]

Romanian insolvent fiber optic cable producer Romcab Targu Mures (MCAB.RO) on Tuesday said it reimbursed its debts to several lenders among which EximBank, Banca Transilvania and Intesa Sanpaolo Bank Romania, by means of a financing facility in the amount of EUR23 million contracted in March 2021.

Constanta-based do-it-yourself retailer Brick Romania will be opening a new store in March 2022, in Satu Mare, which will be its first unit in western Romania.

The average net salary in Romania grew 5.4% in nominal terms in March 2021 compared with February 2021, to 3,547 lei (around EUR720), data from the country's statistics board showed Thursday.

Banks in Romania granted RON4.6 billion worth of new leu loans to companies in March, an increase of RON2.1 billion or 84% on the year-ago month.

Retail sales in Romania, excluding vehicle sales, grew 13.3% on the month in March and by 2.3% when adjusted for seasonality and number of working days, data from the country’s statistics institute showed Thursday.

Romanian authorities issued 4,456 residential building permits this March, an increase of 39.5% on the previous month and of 38.2% on March 2020. The number of building permits issued reached a 14-year high last month, National Statistics Institute data show.

Romania's seasonally adjusted unemployment rate decreased to 5.5% in March 2021, the lowest level since December 2020 and lower by 0.2 percentage points from 5.7% in February 2021, data from the country's statistics board showed Thursday.

Corporate loans have become the lending driver in Romania, with the volume going up 14.4% to RON81.9 billion in March over the year-ago month.

Private lending in Romania grew 1.8% in nominal terms and 1.4% in real terms in March compared with February, to RON290.569 billion, central bank data showed Tuesday.

Capital city of Bucharest registered 14,974 jobless people (of whom 8,127 women) at the end of March 2021, taking the unemployment rate to 1.21%, lower by 0.82% compared with February 2021, per data from the Bucharest Municipal Employment Agency.

The net assets of the 224 domestic and foreign open-end and closed-end investment funds operating in Romania grew by 4% in March 2021, to RON47.6 billion (EUR9.7 billion), and by 7.1% since the beginning of 2021, the Association of Fund Administrators said Tuesday.

The seven private pension funds operating on the mandatory segment in Romania (Pillar II) had assets of RON80.2 billion at the end of March, RON5 billion higher compared with the beginning of the year.

Romania's annual inflation rate inched down to 3.05% in March 2021 from 3.16% in February 2021, data from the country's statistics board showed Tuesday.

The number of real estate deals in Romania stood at 62,891 in March, 12,744 more than in February, data from the national cadaster agency ANCPI showed Wednesday.

Prices of old three-room apartments in Bucharest went up by EUR150 or 0.15% to EUR98,850 on average in March compared with February, real estate consultant SVN Romania data show.

New vehicle registrations in Romania grew 19.3% in March compared with March 2020, to 9,636 units, after an annual decline of 18.8% in February and 46.6% in January, data from the the Automotive Manufacturers and Importers Association (APIA) showed Thursday.