Romania's Finance Ministry raised RON999 million from banks on Monday (October 16) selling treasury bills maturing in 2024, at an annual average yield of 6.13%.
Romania's Finance Ministry raised RON973.1 million from banks on Thursday (October 12), above the targeted level of RON600 million, selling treasury bills maturing in October 2033, at an annual average yield of 7.13%.
Romania's Finance Ministry raised RON600 million from banks on Monday (October 9), selling treasury bills maturing in 2031, at an annual average yield of 7.18%.
Romania's Finance Ministry raised RON766.3 million from banks on Thursday (October 5), above the planned level of RON600 million, selling treasury bills maturing in October 2028, at an annual average yield of 6.94%.
Romania's Finance Ministry raised RON348 million from banks on Monday (October 2), below the targeted level of RON500 million, selling treasury bills maturing in October 2026, at an annual average yield of 6.63%.
Airline Wizz Air announces that it will close its base in Suceava starting October 28, 2023, but will continue to operate flights on five current routes from Suceava to London Luton, Rome, Milan Malpensa, Dortmund and Memmingen.
October could see a new company starting on the Bucharest Stock Exchange, Exonia Holding, after the initial public offerings of Hidroelectrica and Agricover, expected for the end of this quarter.
Developer NEPI Rockcastle plans to open the Promenada Craiova mall in October 2023, following a more than EUR125 million investment. The mall will include more than 150 stores.
In October 2022, the volume of construction works in Romania rose, in unadjusted data, by 34.3% compared to October 2021 and was up 32.9% when adjusted to the number of working days and to seasonality, in line with data from the country’s statistics board INS.
The average net salary in Romania increased by 0.1% in nominal terms in October 2022 compared with September 2022, to 4,008 lei (EUR817), data from the country's statistics board INS showed on Tuesday (Dec 13).
Romania’s unemployment rate stood at 5.5% in October 2022, higher by 0.1 percentage points than 5.4% in September 2022, data from the country’s statistics institute INS shows on Monday (Dec 5).
Romania's industrial production prices for the total (domestic market and non–domestic market) increased by 41.1% In October 2022 compared to October 2021. data from Romania's statistics board INS showed on Friday.
VAT revenue, the second most important resource of the state budget and a barometer for consumer spending increased by 3% in October 2022 compared with October 2021, according to the budget execution for October published by the Finance Ministry. With a 16% inflation that month, this means a significant slowdown in consumer spending.
Private lending in Romania grew by 14.7% in nominal terms (-0.5% in real terms) in October 2022 compared with October 2021 to RON363.59 billion, as local currency lending increased by 12.4% (+2.6% in real terms) and foreign currency lending expressed in lei by 20.7% (+21.6% in real terms when expressed in euros), central bank data showed on Thursday.
Romania's annual inflation rate decreased slightly to 15.3% in October 2022 as compared to October 2021, data from the country's statistics board INS showed on Friday (Nov 11).
The number of real estate deals in Romania stood at 59,927 in October 2022, 2,127 fewer than in September 2022, data from the national cadaster agency ANCPI showed on Monday (Nov 7).
Romania's foreign exchange reserves (foreign currency plus gold) increased to more than EUR50 billion for the first time ever, reaching EUR51.78 billion at the end of October, compared with EUR49.3 billion in September, central bank data showed on Tuesday (November 1).
Romania's Finance Ministry on Thursday (October 27) borrowed RON722 million from banks via a bond issue due in October 2027, at an annual average yield of 9.26%.