November | Romania Feed

Airline Dan Air announced it would be flying from Bacau as of November 13, after leaving Brasov. The main reason why it made this decision was that the Brasov Airport delayed extending its opening hours from 12 at the moment to 16 from November 3 to January 2024.

In November 2022, the volume of construction works in Romania rose, in unadjusted data, by 20.3% compared to November 2021 and was up 20% when adjusted to the number of working days and to seasonality, in line with data from the country’s statistics board INS.

UK’s Vodafone Group, one of the largest global players in the communications industry, decided on November 22, 2022 to increase the share capital of its Romanian subsidiary by RON500 million, a document it published in the Official Gazette of January 13, 2023 shows.

The average net salary in Romania increased by 3.3% in nominal terms in November 2022 compared with October 2022, to 4,141 lei (EUR839), data from the country's statistics board INS showed on Thursday (Jan 12).

Romania’s unemployment rate stood at 5.4% in November 2022, lower by 0.1 percentage points than 5.5% in October 2022, data from the country’s statistics institute INS shows on Monday (Jan 9).

Romania's industrial production prices for the total (domestic market and non–domestic market) increased by 35.1% in November 2022 compared to November 2021, data from Romania's statistics board INS showed on Wednesday (Jan 4, 2023).

Private lending in Romania increased by 13.2% to RON364.4 billion in November compared with the year-ago month, after leu-denominated loans increased by 9.2% and the foreign currency loans expressed in lei, went up 23.4%, central bank data show.

Romania's annual inflation rate climbed to 16.8% in November 2022 as compared to November 2021, data from the country's statistics board INS showed on Tuesday (Dec 13).

Bucharest continued to see rising housing demand in November as well with 6,435 units being traded in the capital city and Ilfov, up 30% from the 4,946 of November 2021, in line with data from the national cadaster agency ANCPI.

The prices of the old three-room apartments in Bucharest stagnated for the first time in November, after having dropped by EUR500 or 0.5% to EUR107,850 in October, the real estate index compiled by ZF and real estate consultant SVN Romania shows.

The four-star International hotel of Sinaia, one of the largest units in the mountains resort, with a 180-room capacity, in September and October operated at an average occupancy rate of 80%, above the 2019 level and for November its officials project a 75-80% rate.

One United Properties, the leading green investor and developer of residential, mixed-use and office real estate in Romania, will pay on November 3rd the half-year dividend of RON0.013 per share and on November 4th will distribute to shareholders bonus shares in proportion of one bonus share for every three shares held.

Capital city of Bucharest registered 14,080 jobless people (of whom 7,497 women) at the end of November 2021, taking the unemployment rate to 1.15%, data from the Bucharest Municipal Employment Agency showed Monday.

Private lending grew by 14.6% in nominal terms to RON321.9 billion in November 2021 compared to November 2020, as local currency lending grew by 19% and foreign currency lending by 4.7% when expressed in lei, central bank data showed Monday.

Romania's annual inflation rate moderated slightly to 7.8% in November 2021 after climbing to 7.9% in October 2021, data from the country's statistics board showed Monday.

BET, the benchmark index of the Bucharest Stock Exchange, declined by 3.5% in November 2021, which was its weakest month since October 2020, according to Bucharest Stock Exchange data.

New car registrations in Romania dropped by 13% on the year to a total 11,480 units year-over-year in November 2021 and by 0.9% to a total 110.377 units since the beginning of 2021, data from the association of automotive manufacturers in Romania (ACAROM) showed Thursday.

Romania's foreign exchange reserves fell by EUR560 million in November 2021 versus October 2021, to EUR39.2 billion, central bank data showed Thursday.

Czech online home deco retailer Bonami, part of Czech Miton Group, reported sales of over EUR1.2 million on the Romanian market in November 2021, when it carried out multiple sales campaigns among which the Black Friday sales campaign.

With fast-growing gastronomic expectations in Bucharest and further customer need to receive a multidimensional dining experience, The Marmorosch Bucharest, Autograph Collection Hotel announces the official opening of Fine Dining in Blank Restaurant on November 16 and the appointment of Flaviu Mureșan as the new Head Chef.   Both hotel guests, as well as visitors will […]