September | Romania Feed

Julien Ducarroz, chief executive officer of Orange Poland since 2020, will trade places with Orange Romania CEO Liudmila Climoc in September.

The average net salary in Romania increased by 1.8% in nominal terms in September 2022 compared with August 2022, to 4,003 lei (EUR818), data from the country's statistics board INS showed on Friday (Nov 11).

Retail turnover, a barometer for private consumption, declined by 3.6% in gross series in September from August amid falling sales of foodstuffs, beverages and tobacco (by 8.3%, fuel (by 2.2%) and non-food items (by 0.4%), in line with data from the country’s statistics board INS.

Romania’s unemployment rate stood at 5.2% in September 2022, higher by 0.1 percentage points than 5.1% in August 2022, data from the country’s statistics institute INS shows on Thursday (Nov 3).

Industrial production prices for the total (domestic market and non–domestic market) increased by 46.7% in September 2022 compared to September 2021, data from Romania's statistics board INS showed on Wednesday.

Private lending in Romania in September went up by 16% from September 2021, to a total volume of RON364.7 billion, after local currency lending rose by 14.3% and foreign currency lending, expressed in lei, increased by 20%, in line with central bank data.

Stock indices posted sharp declines in September 2022, sending most international equity markets into correction territory at the end of the first nine months as investors’ fears about rising interest rates and the possibility of a recession in developed markets gain momentum.

Romania's annual inflation rate surged to 15.9% in September 2022 as compared to September 2021, data from the country's statistics board INS showed on Wednesday (October 12).

The number of real estate deals in Romania stood at 62,054 in September 2022, 3,668 more than in August 2022, data from the national cadaster agency ANCPI showed on Tuesday (Oct 11).

The prices of old three-room apartments in Bucharest went down, on average, by EUR750 or 0.7% to EUR108,350 in September. The decline is higher than the EUR150 registered in August versus July, shows the ZF Real Estate Index done in partnership with real estate consulting company SVN Romania.

New car registrations in Romania increased by 33.38% to a total 11,927 units in September 2022 versus September 2021, data from the association of automotive manufacturers in Romania (ACAROM) and of Romania’s General Directorate for Driving Licenses and Car Registration (DRPCIV) showed on Monday (Oct 3).

Romania's foreign exchange reserves increased to EUR43.7 billion in September 2022, higher by EUR860 million than in August 2022, central bank data showed on Monday (October 3).

Romanian massage chair retailer Komoder will enter Austria’s market in September with a new showroom in Vienna, after having recently opened a showroom in Malaga, Spain.

September brought a corporate lending rebound, after the August slowdown. Banks operating on the Romanian market granted new RON-denominated loans of RON3.77 billion to companies, up 31.6% from August 2021.

The average net salary in Romania increased by 0.9% in nominal terms in September 2021 compared with August 2021, to 3,517 lei (EUR710.6), data from the country's statistics board showed Thursday.

The unemployment rate in capital Bucharest stood at 1.17% at end-September 2021, lower by 0.85 percentage points compared with 1.18% in August 2021, data from Bucharest’s employment agency showed Wednesday.

Romania's seasonally adjusted unemployment rate decreased by 0.2 percentage points to 5% in September 2021, from 5.2% in August 2021, data from the country's statistics board INS showed Wednesday.

The net assets of the 233 domestic and foreign open-end and closed-end investment funds operating in Romania grew by 3.2% in September 2021, to RON52.9 billion (EUR10.7 billion), and by 19% since the beginning of 2021, the Association of Fund Administrators said Tuesday.

Romania's annual inflation rate kept its upward trend in September 2021, surging to 6.3%, higher than 5.3% in August 2021, data from the country's statistics board showed Tuesday.

Romanian carmaker Dacia sold 3,867 cars in the United Kingdom, in September 2021, fewer by 26.52% than 5,263 units sold in the same period in 2020.