English

Cetelem Study: 32% Of Romanians Say Their Purchasing Power Fell In 2016

18:29, 22 Iun. 2017
Romanians believe 2016 was stable in terms of purchasing power: 46% of respondents, higher by five percentage points than in 2015, said their purchasing power remained the same as in the previous year, according to a pan-European survey by Cetelem.

Nokia Invests EUR73M In Expanding Its Campus In Timisoara

15:31, 20 Iun. 2017
Nokia on Tuesday said it will be expanding its campus in western city of Timisoara with the biggest research and development (R&D) center in the Romanian telecom industry and the total investment exceeds EUR73 million.

Romanian Leu Hits New Record Low, Of 4.5957 Vs Euro, Amid Lingering Political Tension

14:31, 20 Iun. 2017
The Romanian leu depreciated further against the euro by midday Tuesday and the central bank set the leu’s reference rate versus the euro at 4,5957 units, the lowest level since July 2012, amid lingering political tension locally and an unfavourable context globally.

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.

BNR Exchange Reference Rates of June 15

13:26, 15 Iun. 2017
Following is the Romanian National Bank exchange rate chart for the Romanian leu.

BNR Exchange Reference Rates of June 13

13:14, 13 Iun. 2017
Following is the Romanian National Bank exchange rate chart for the Romanian leu.

ManpowerGroup: Romanian Employers Forecast Steady Job Gains In Q3/2017

13:00, 13 Iun. 2017
28% of Romanian employers plan to add to their payrolls in the July – September 2017 timeframe, according to the Q3 edition of the ManpowerGroup Employment Outlook Survey. q

BNR Exchange Reference Rates of June 9

13:12, 09 Iun. 2017
Following is the Romanian National Bank exchange rate chart for the Romanian leu.

BNR Exchange Reference Rates of June 8

13:32, 08 Iun. 2017
Following is the Romanian National Bank exchange rate chart for the Romanian leu.

BNR Exchange Reference Rates of June 7

13:18, 07 Iun. 2017
Following is the Romanian National Bank exchange rate chart for the Romanian leu.

Romania Ranks Fifth Worldwide By 2017 Flight Price Index

12:32, 02 Iun. 2017
Romania ranks first in terms of short-haul flights, with a cost of EUR2.79 per 100 km for low-cost services and places fifth worldwide (domestic and external flights), according to the survey 2017 Flight Price Index, carried out by web portal kiwi.com.

BNR Exchange Reference Rates of June 2

12:31, 02 Iun. 2017
Following is the Romanian National Bank exchange rate chart for the Romanian leu.

EY Survey: Romania Ranks Fourth In Europe By FDI Job Creation In 2016

15:10, 31 Mai 2017
Romania ranks sixth in Europe, in a ranking of countries boasting the highest number of new jobs created through foreign direct investments (FDI) in 2016, according to the 2017 edition of the EY European attractiveness survey.

Posta Romana Posts Gross Profit Of EUR3.8M In 2016

13:40, 31 Mai 2017
Romania's state-owned postal operator Posta Romana kept a positive trend and registered a gross profit of RON17.2 million (EUR3.8 million) in 2016.

Romania, Among Last In The EU By Inland Freight Transport In 2015

14:54, 26 Mai 2017
Romania ranks among the last in the European Union regarding inland freight transport, with less than 2,000 tons-kilometers per inhabitant, in 2015, according to data published on Friday by Eurostat, the statistical office of the European Union.

UniCredit Leasing Ensures Operating Lease For Two TransMontana Locomotives

13:12, 26 Mai 2017
UniCredit Leasing Fleet Management provided operating lease services for two TransMontana electric locomotives manufactured by Softronic-Softrans Craiova, which will be operated for freight transport, in Romania, by Deutsche Bahn Cargo.

BNR Exchange Reference Rates of May 26

13:09, 26 Mai 2017
Following is the Romanian National Bank exchange rate chart for the Romanian leu.

Romania Posts RON1.35B Budget Surplus In January-April 2017

19:56, 25 Mai 2017
Romania's general consolidated budget posted a surplus of RON1.35 billion in January-April 2017, or 0.17% of the gross domestic product (GDP), finance ministry data showed Thursday.

Bosch Ends 2016 Fiscal Year, In Romania, With 22% Higher Turnover, Of RON1.5B

19:17, 25 Mai 2017
German Group Bosch ended the 2016 fiscal year with a turnover of nearly RON1.5 billion (EUR332 million) in consolidated sales in Romania, seeing a significant increase of 22% compared with the previous year, according to company data.

Competition Council Clears Takeover Of Fidelis Energy’s Client Portfolio By RWE Energie

19:12, 25 Mai 2017
Romania’s Competition Council has approved the transaction whereby electricity and natural gas supplier RWE Energie acquires the client portfolio of Fidelis Energy.

Fady Chreih: Regina Maria To Carry Out 18 Development Projects In 2017

18:19, 24 Mai 2017
Regina Maria, the second largest player on the Romanian private medical services market, has 18 ongoing development projects for 2017, which target expansions, relocations and modernization of existing locations, as well as greenfield projects, Chief Executive Officer Fady Chreih said on Wednesday.

BNR Exchange Reference Rates of May 23

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

Ghetea, CEC Bank: Risks Related To SME Lending Decreased From Previous Years

15:40, 22 Mai 2017
Risks related to the funding of small and medium-sized enterprises (SMEs) in Romania have decreased compared with the previous years, as the “market is cleaner” after the bulk of SMEs have vanished after the financial crisis, Radu Gratian Ghetea, president of state-owned lender CEC Bank.

BNR Exchange Reference Rates of May 22

13:11, 22 Mai 2017
Following is the Romanian National Bank exchange rate chart for the Romanian leu.

BNR Exchange Reference Rates of May 19

13:51, 19 Mai 2017
Following is the Romanian National Bank exchange rate chart for the Romanian leu.

Competition Council To Complete Inquiry Into Insurance Companies

14:46, 18 Mai 2017
Romania’s Competition Council is set to complete, in a few months’ time, an investigation targeting local insurance companies suspected of exchanging information in order to raise the price of the products they sell, antitrust regulator head Bogdan Chiritoiu said on Thursday.

BNR Exchange Reference Rates of May 18

13:15, 18 Mai 2017
Following is the Romanian National Bank exchange rate chart for the Romanian leu.

Hun Lee Takes Over As President Of Samsung Electronics Romania

16:20, 17 Mai 2017
Hun Lee is the new president of Samsung Electronics Romania and will be tasked with managing operations on the Romanian and Bulgarian markets.

Eurostat: Romania Posts Lowest Annual Inflation Rate In The EU, In April 2017

14:34, 17 Mai 2017
Romania posted the lowest annual inflation rate, of 0.6%, in the European Union, in April 2017, and one of the lowest monthly inflation rates, of 0.2%, according to data published on Wednesday by Eurostat, the statistical office of the European Union.

GfK: Romania’s Durable Goods Market Up Nearly 6% In 1Q/2017

14:22, 16 Mai 2017
The Romanian durable goods market rose nearly 6% on the year in January-March 2017, and the electronics and small appliances sectors saw double-digit growth rates, according to a GfK report.

Vodafone Romania Reports 2.7% Higher Service Revenue, Of EUR707M, In 2016-2017 Fiscal Year

11:35, 16 Mai 2017
Vodafone Romania, the second largest player on the local mobile telephony market, on Tuesday said it registered service revenue of EUR707.2 million in the 2016-2017 fiscal year (April 1, 2016 – March 31, 2017), up 2.7%, in organic terms, compared with the same period in the previous fiscal year.

EximBank Reports Nearly EUR110M Turnover From Factoring Operations In 2016

14:54, 15 Mai 2017
Romania’s state-run lender EximBank registered a turnover of nearly EUR110 million from factoring operations in 2016, up 76% on the year, climbing two spots versus 2015, to the second position, among exports factors in Romania.

Stihl Romania Invests EUR6M In Logistics And Technical Training

13:57, 15 Mai 2017
Stihl Romania, the local division of German power tool producer Stihl, on Monday announced a EUR6 million investment in expanding its space in Otopeni, a 3,000-square meter surface area used for the development of its business, and in expanding by 300 sqm the space used to train its technical staff.

BNR Exchange Reference Rates of May 15

13:12, 15 Mai 2017
Following is the Romanian National Bank exchange rate chart for the Romanian leu.

Alro Posts Adjusted Net Profit Of RON93M In 1Q/2017

12:03, 15 Mai 2017
Aluminum producer Alro Slatina (ALR.RO) registered an adjusted net profit of RON93 million, in January-March 2017, compared with RON41 million in the year-earlier period, and its turnover rose to RON634 million, from RON564 million in the first quarter of 2016.

EC Expects Romania’s Inflation Rate To Rise Gradually, Budget Deficit To Reach 3.5% Of GDP

18:57, 11 Mai 2017
Romania’s inflation rate is expected to rise and the budget deficit is seen widening due to tax cuts and higher public spending and the unitary pay bill is a huge risk for fiscal estimations, the European Commission said in its spring forecast released on Thursday.

BNR Exchange Reference Rates of May 11

15:49, 11 Mai 2017
Following is the Romanian National Bank exchange rate chart for the Romanian leu.

EC Cuts Romania’s 2017 GDP Growth Forecast To 4.3%

13:13, 11 Mai 2017
The European Commission (EC) has revised downward its forecast on Romania’s 2017 economic growth by 0.1%, to 4.3% from 4.4%, below the Romanian Government’s projection of 5.2%, and kept its GDP growth forecast of 3.7% for 2018, the Commission said in its spring forecast.

OMV Petrom’s Net Profit Doubles To RON618M, Sales Rise 27% In 1Q/2017

11:14, 11 Mai 2017
Romania's OMV Petrom (SNP.RO), majority owned by Austria's OMV, registered a net profit of RON618 million in the first quarter of 2017, double from RON288 million in the year-earlier period, the company said in its financial report on Thursday.