Oana Gavrila

Central Bank Governor: Romania Needs Comprehensive Vision for Euro Adoption

16:03, 25 Oct. 2018
Romania's euro accession must be approached from a wider perspective, beyond comparisons with the accession rate of other countries in the region, central bank governor Mugur Isarescu said Thursday.

Watford Insurance Enters Romanian Market

11:26, 18 Oct. 2018
Watford Insurance Company Europe, a subsidiary of global insurance and reinsurance group Watford Re Ltd., launched its operations in Romania Wednesday.

JLL: Bucharest Attracts 60% of Demand for Logistics and Industrial Space

11:42, 26 Oct. 2017
Demand in Romania's industrial and logistics market reached 456,000 square meters in the first nine months of 2017, close to the level recorded for the whole last year when it totaled 463,000 sqm, property management firm JLL said in a report Thursday.

CFA Romania Analysts Expect Drop in Leu, Rise in Interests As Confidence Drops

11:08, 26 Oct. 2017
The Chartered Financial Analysts Association – Romania (CFA Romania) expects the Romanian leu to weaken and leu interest rates to increase in the next 12 months.

Eurostat: Four in 10 Romanians at Risk of Poverty or Social Exclusion

18:14, 16 Oct. 2017
Nearly four in ten Romanians (38.8%) were at risk of poverty or social exclusion in 2016, according to a Eurostat report released Monday.

Isarescu: Interbank Rates Grew Suddenly on Better Than Expected Tax Collection

17:09, 03 Oct. 2017
Improved tax collection contributed to the sudden rise in interbank interest rates, central bank governor Mugur Isarescu said Tuesday at a press briefing following the central bank's monetary policy meeting.

Foreign Direct Investments Exceeded Remittances of Romanian Expats

17:48, 31 Iul. 2017
Central bank statistics show foreign direct investment in the fist five months of the year exceeded remittances from Romanian expats for the first time.

Transport Minister Says Sibiu-Pitesti Highway Costs More Due to Expropriations

17:31, 28 Iul. 2017
Romanian transport minister Razvan Cuc explained Friday the total cost to build the 123 km highway linking Sibiu to Pitesti is EUR2.6 billion plus VAT, higher than in the transport master plan, due to expropriations.

Romania Annual Inflation Rate Climbs to 0.9% in June

12:53, 11 Iul. 2017
Romania's consumer price index hit an annual rate of 0.9% in June, from 0.6% in May, data from the country's statistics board showed Tuesday.

Romania Trade Deficit Widens to EUR4.46B in January-May

14:25, 10 Iul. 2017
Romania's trade balance posted a deficit of EUR4.46 billion in January-May, EUR680 million higher than in the same period in 2016, the country's statistics board said Monday.

A Román Nemzeti Bank devizaárfolyamai 2017. július 10-én

14:23, 10 Iul. 2017
A Román Nemzeti Bank devizaárfolyamai 2017. július 10-én

E.ON, MOL to Develop 40 Electric Vehicle Charging Stations in Romania

17:17, 07 Iul. 2017
Utility company E.ON and Hungarian oil and gas company MOL will develop 40 electric vehicle charging stations in Romania after their NEXT-E project was selected to receive EU funding with recommended co-funding of EUR18.84 million.

Alexandrion Group Invests EUR100M in Distillery in New York

17:17, 07 Iul. 2017
Spirits producer Alexandrion Group Romania will invest EUR100 million to build a distillery in New York, Nawaf Salameh, CEO and founder of the company, told a press conference Friday.

A Román Nemzeti Bank devizaárfolyamai 2017. július 7-én

13:23, 07 Iul. 2017
A Román Nemzeti Bank devizaárfolyamai 2017. július 7-én

BNR Exchange Reference Rates of July 7

13:10, 07 Iul. 2017
Following is the Romanian National Bank exchange rate chart for the Romanian leu.

Romanian Average Net Salary Down 0.1% on Month in May

13:09, 07 Iul. 2017
The net average salary in Romania decreased 0.1% in May compared with April, to 2,363 lei (around EUR516), data from the country's statistics board showed Friday.

Dacia Made Over 170,000 Vehicles in 1H 2017

13:08, 07 Iul. 2017
Automobile Dacia manufactured a total of 170,430 vehicles at its plant in Mioveni in the first half of the year, of which over 100,000 Duster models, the association of Romanian automobile manufacturers said Friday.

BNR Exchange Reference Rates of July 6

13:28, 06 Iul. 2017
Following is the Romanian National Bank exchange rate chart for the Romanian leu.

C&W Echinox: Romania Ranks Second In Europe By Food & Beverage Consumption Growth

12:49, 06 Iul. 2017
Romania ranks second in Europe, after Turkey, by growth and growth potential in the Food & Beverage (F&B) sector, including consumption in restaurants, fast food units, cafes, tea shops and ice-cream parlors, according to a report by Cushman & Wakefield.

Forte Partners Invests EUR37M in Residential Project in Bucharest

12:39, 06 Iul. 2017
Real estate developer Forte Partners will invest EUR37 million in a residential project in northern Bucharest, the company said Thursday.

Oradea Airport Sees 350% Growth in Passenger Numbers in June

10:40, 06 Iul. 2017
Passenger traffic on the international airport in Oradea, western Romania, increased by 350% in June compared with June 2016, the airport said in a statement Thursday.

Foreign Investors Council: Predictability Is Crucial to Economic Development

17:22, 05 Iul. 2017
The Foreign Investors Council (FIC) is worried by the substantial changes to the governing program and believes that such radical changes, announced at very short notice, can have a destabilizing effect on the economy and only serve to dent the trust of existing and future investors

Romania, Bulgaria Rank Last in EU by Resource Productivity

13:30, 04 Iul. 2017
Romania (EUR0.70/kg) and Bulgaria (EUR0.68/kg) rank last among European Union member states by resource productivity, data from the EU statistical office Eurostat showed Tuesday.

BNR Exchange Reference Rates of July 4

13:11, 04 Iul. 2017
Following is the Romanian National Bank exchange rate chart for the Romanian leu.

Wind Energy Output Adds RON180M to CEZ Profit

12:31, 04 Iul. 2017
CEZ reported a net profit higher by RON181.66 million in 2016 compared with 2015, due to its wind energy output, the company said in a statement Tuesday.

Bancpost, Eximbank Sign SME Funding Agreement With RON20M Guarantee Cap

12:30, 04 Iul. 2017
Small and medium-sized companies with insufficient assets to cover guarantees may get loans from Bancpost, under a guarantee cap of RON20 million, following an agreement between the lender and EximBank.

BNR Exchange Reference Rates of July 3

13:28, 03 Iul. 2017
Following is the Romanian National Bank exchange rate chart for the Romanian leu.

Analysts Warn Tax on Turnover Could Render 30% of Companies Insolvent

12:34, 03 Iul. 2017
One out of three companies in Romania will be exposed to insolvency risks if the government replaces the 16% flat tax on profit with a tax on turnover, showed a study by Iancu Guda, president of the Romanian Association of banking analysts.

British American Tobacco Invests EUR60M in Ploiesti Production Line

12:32, 03 Iul. 2017
British American Tobacco, the largest cigarette manufacturer in Romania, said it will invest EUR60 million in its facility in Ploiesti this year, triple the amount estimated at the end of last year.

Romania Unemployment Rate Grows to 5.4% in May

12:30, 03 Iul. 2017
Romania's seasonally adjusted unemployment rate grew 0.1 percentage point on month in May, to 5.4%, the country's statistics board said Monday.

Romania to Eliminate Mandatory Private Pensions

14:43, 29 Iun. 2017
Romania's proposed finance minister Ionut Misa said Thursday the government will eliminate the mandatory private pension system known as Pillar II.

BNR Exchange Reference Rates of June 29

13:15, 29 Iun. 2017
Following is the Romanian National Bank exchange rate chart for the Romanian leu.

BNR Exchange Reference Rates of June 27

13:27, 27 Iun. 2017
Following is the Romanian National Bank exchange rate chart for the Romanian leu.

Romania Posts Budget Deficit of 0.27% of GDP in Jan-May

12:45, 27 Iun. 2017
Romania's general consolidated budget posted a deficit of RON2.2 billion in January-May 2017, or 0.27%of the gross domestic product (GDP), after a surplus of 0.2% of GDP at the end of April, finance ministry data showed Tuesday.

Romanian President Designates Mihai Tudose for Prime Minister

20:16, 26 Iun. 2017
Romanian President Klaus Iohannis on Monday designated social democrat Mihai Tudose for prime minister, as proposed by the ruling coalition.

BNR Exchange Reference Rates of June 23

13:12, 23 Iun. 2017
Following is the Romanian National Bank exchange rate chart for the Romanian leu.

A Román Nemzeti Bank devizaárfolyamai 2017. június 20-án

13:20, 20 Iun. 2017
A Román Nemzeti Bank devizaárfolyamai 2017. június 20-án

BNR Exchange Reference Rates of June 20

13:06, 20 Iun. 2017
Following is the Romanian National Bank exchange rate chart for the Romanian leu.

BNR Exchange Reference Rates of June 16

14:01, 16 Iun. 2017
Following is the Romanian National Bank exchange rate chart for the Romanian leu.

A Román Nemzeti Bank devizaárfolyamai 2017. június 15-én

13:34, 15 Iun. 2017
A Román Nemzeti Bank devizaárfolyamai 2017. június 15-én