June | Romania Feed

Romania’s finance ministry on Friday confirmed that it would launch and list on the Bucharest Stock Exchange a new issue of FIDELIS government bonds for retail investors, between June 6 and 21.

The Bucharest Stock Exchange on Tuesday said the shares of building material wholesaler Sipex will start trading on the AeRo market, the equity segment of the Multilateral Trading System of the Stock Exchange, on Friday (June 3), under the stock ticker SPX.

Construction material wholesaler Sipex Company, which raised RON10.6 million from investors in February, will start trading on the AeRO market of the Bucharest Stock Exchange on Friday, June 3, 2022, ZF has found.

An International Monetary Fund (IMF) team headed by Jan Kees Martijn, the IMF mission chief for Romania, will visit Bucharest between May 30 and June 10 to undertake the periodic review of Romania's economy, known as the Article IV consultation, as per an announcement by Nadeem Ilahi, IMF Senior Regional Representative for Central, Eastern and South-Eastern Europe.

The shares of fast-moving consumer goods (FMCG) distributor Aquila Part Prod (AQ.RO) will be included from June 20 in the FTSE Russell indices dedicated to emerging markets.

The Board of Romania’s central bank is not that optimistic about the trend of the inflation, which will continue to remain extremely high until June 2023. The latest data show inflation will reach 12.5% in December and 12.4% in June 2023, much higher than the 9.6% and 5% previously forecast.

Banca Transilvania (BT.RO), the largest bank in Romania by assets, will be finalizing the integration of Idea Bank into Banca Transilvania financial group on June 13, 2022, almost one year since the signing of the purchase agreement.

Secret Project is extending its roots on European soil once again, as it is proud to present Pula Music Week, coming to the old city of Pula, Croatia this summer.   From 30 June – 6 July, some of the world’s finest house and techno DJs are set to arrive along the Adriatic Coast for 7 days of exclusive […]

Some of the most appreciated EDM artists in the world join SAGA Festival at the beginning of the summer in 2022. The first DJs announced in the festival’s line-up were Afrojack, Marshmello, and Timmy Trumpet. Black Coffee, Nicole Moudaber, Pan-Pot, Purple Disco Machine, and Sickick will also bring their amazing sets to Bucharest in June. Many […]

Romanians contracted new mortgage loans in lei worth over RON1.8 billion in June 2021, double compared with June 2020, which translates into a monthly record high of new mortgage lending in lei over the last 14 years.

The births of 14,877 children were recorded in June, 639 fewer than in June 2020 and 1,353 more than in May 2021, National Statistics Institute (INS) data show.

Retail sales in Romania, excluding vehicle sales, grew 3.2% on the month in June 2021 and by 0.1% when adjusted for seasonality and number of working days, data from the country’s statistics institute showed Wednesday.

Romania's seasonally adjusted unemployment rate inched down to 5.2% in June 2021 from 5.5% in May 2021, data from the country's statistics board showed Friday.

Private lending grew by 1.4% in nominal terms and 1.1% in real terms to RON300.3 billion in June compared with May, central bank data showed Wednesday.

The seven Pillar II mandatory private pension funds, which are the largest investors on the Bucharest Stock Exchange, ended June 2021 with record assets of RON84.4 billion, an increase of RON18.5 billion on June 2020, Romania’s Financial Supervisory Authority says.

Romania's annual inflation rate grew to 3.9% in June 2021, higher by 0.3% from 3.8% in May 2021, data from the country's statistics board showed Tuesday.

More than 14,000 new vehicles were registered in Romania in June, an increase of 18% on year-ago period, Romania’s General Directorate for Driving Licenses and Car Registration (DRPCIV) data show.

Romania's foreign exchange reserves declined to EUR36.831 billion at the end of June from EUR37.570 billion at the end of May, central bank data showed Thursday.

The initial public offering for shares of real estate developer One United Properties shares starts June 22 and runs until July 2, 2021, the company said Thursday after the country's financial regulator ASF approved its IPO prospectus.

Romania's finance ministry launches three new bond issues for the general population Monday, June 1, which can be subscribed by June 28.