January | Romania Feed

Romania's Finance Ministry raised RON1.75 billion from banks on Monday (January 15), selling government paper in two auctions, at annual average yields of 6.04% and 6.38%, respectively.

The annual inflation rate posted a faster-than-expected decrease in the first two months of Q4/2023, falling to 6.72% in November, from 8.83% in September, amid the continued slowdown in the growth rate of food and energy prices, as well as following the decline in fuel prices, under the impact of lower crude oil prices, as per the minutes of the monetary policy meeting held by Romania's central bank on Friday (January 12, 2024).

Romania's Finance Ministry raised RON2.62 billion from banks on Thursday (January 11), selling government paper in two auctions, at annual average yields of 6.17%.

Romania's Finance Ministry raised RON1.5 billion from banks on Monday (January 8), selling government paper in two auctions, at annual average yields of 6.5% and 6.03%, respectively.

Romania's Finance Ministry raised RON757 million from banks on Thursday (January 4, 2024) selling bonds with a nominal value of RON600 million due in May 2027, at an annual average yield of 6.3%.

Life Group, which operates Life Dental Spa dental clinics, will in January 2024 also tap into the beauty segment, via Life Beauty brand, after having launched in 2023 a second dental clinic brand, VivoDental targeting patients with lower revenues, explained Stefan Obreja, CEO and co-founder of the group.

Sixty-two percent of MedLife (M.RO) shares traded on the Bucharest Stock Exchange in January 2023, went to a single buyer, Pillar II pension fund Metropolitan Life Pensii Private, ZF as calculated from the Pillar II reports and trading prices.

The volume of construction works in Romania increased, in unadjusted data, by 5.8% in January 2023 compared to January 2022 and was up 7.2% when adjusted to the number of working days and to seasonality, in line with data from the country’s statistics board INS.

Romania’s industrial sales rose 6.8% in January 2023 from January 2022 and dropped by 5.3% in nominal terms in January 2023 versus December 2022, data from the country’s statistical office INS showed on Thursday (March 16).

Romania's current account balance posted a deficit of EUR949 million in January 2023, 15% lower than in January 2022, central bank data showed on Thursday (March 16, 2023).

Banks in Romania granted more than RON3.3 billion worth of new loans in lei to companies in January 2023, an increase of 17.9% on December 2022 and on the year-ago month.

Private consumption in Romania expressed through the volume of retail sales grew almost 6% in January 2023 compared to January 2022, which translates into a significant acceleration versus a 3.6% increase in December 2022, in line with data from the country's statistics board INS.

Romania's trade balance posted a deficit of EUR2.33 billion in January 2023, higher by EUR20.3 billion (+9.5%) compared with January 2022, data from the country's statistics board INS showed on Monday (March 13).

Retail sales volume in Romania, excluding vehicle and motorcycle sales, decreased by 22% in unadjusted data in January 2023 compared to December 2022 and increased by 0.7% when adjusted for seasonality and number of working days, data from the country’s statistics institute INS showed on Monday (March 6).

Romania's industrial production prices for the total (domestic market and non–domestic market) increased by 24% in January 2023 compared to January 2022, data from Romania's statistics board INS showed on Thursday (March 2, 2023).

Private lending in Romania grew by 11.5% in nominal terms (-3.1% in real terms) in January 2023 versus January 2021 to RON364 billion, as local currency lending increased by 6.4% (-7.5% in real terms) and foreign currency lending expressed in lei by 25% (+25.5% in real terms when expressed in euros), central bank data showed on Thursday (Feb 23).

New car registrations in Romania grew by 31.4% year-over-year to 12.266 units in January 2023, placing the country 14th in the European Union (EU), data from the European Automobile Manufacturers Association (ACEA) and the association of automotive manufacturers in Romania (ACAROM) showed on Tuesday (Feb 21).

The number of real estate transactions, which include houses, land and apartments, decreased in January by 44.4% compared with December 2022, data provided by the National Agency for Cadaster and Land Registration (ANCPI) shows.

Dacia Mioveni and Ford Otosan Craiova, the two car plants in Romania, manufactured 38,568 vehicles in January 2023, 9.65% more than 35,171 units produced in January 2022, as per data from the country's carmakers association ACAROM.

Consumer price growth slightly slowed down in January, from the last months of 2022, with the annual inflation rate declining to 15.1%, from 16.4% in December 2022 and 16.8% in November, data from the country's statistics board INS showed on Tuesday (Jan 14).