Romania's foreign exchange reserves stood at EUR58.89 billion at the end of November 2023, higher by EUR700 million than EUR58.18 billion at the end of October 2023, central bank data showed on Monday (December 4).
Furniture and home product retailer JYSK continues expansion in Romania with the inauguration of a new store in Ramnicu Valcea on Thursday, November 30, for a total of 138 in the country.
Romania's Finance Ministry raised RON399.4 million from banks on Monday (November 27), below the planned level of RON600 million, selling bonds due in May 2027, at an annual average yield of 6.64%.
Romania's Finance Ministry raised RON409 million from banks on Thursday (November 23), below the planned level of RON500 million, selling bonds due in 2034, at an annual average yield of 7.22%.
Romania's Finance Ministry raised RON757.6 million from banks on Monday (November 20), below the planned level of RON600 million, selling bonds due in April 2030, at an annual average yield of 6.98%.
Romania's Finance Ministry raised RON757.6 million from banks on Monday (November 13), above the planned level of RON500 million, selling bonds due in October 2026, at an annual average yield of 6.48%.
Romania's Finance Ministry raised RON825.4 million from banks on Thursday (November 9), RON225.4 million more than the planned RON600 million, selling bonds due in October 2033, at an annual average yield of 6.87%.
Romania's Finance Ministry raised RON1.3 billion from banks on Monday (November 6), selling government paper in two auctions, at annual average yields of 6.83% and 6.03%, respectively.
Romania's Finance Ministry raised RON1.5 billion from banks on Thursday (November 2), selling bonds with a nominal value of RON700 million due in 2028, at an average yield of 6.73% per annum.
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.