11:15 Romania’s Minister of National Defense, Angel Tilvar, is participating, on Tuesday and Wednesday (March 7-8), in the informal meeting of the defense ministers from the EU member states, which is taking place in Stockholm, in Sweden, according to the Ministry of National Defense (MApN).
10:28 The Ministry of Development, Public Works and Administration (MDLPA) has signed 40 new funding contracts submitted under component C5 – Renovation Wave in the National Recovery and Resilience Plan (PNRR), Agerpres reported.
10:01 Romania’s Prime Minister Nicolae Ciuca on March 8 (International Women’s Day) wrote on Facebook that the Government will continue to support women, through concrete measures, in everything they want to achieve.
10:00 One in three Romanian women would be happy with net salary of at least 1,000 euros, a survey shows.
09:57 Optional pension funds (Pillar III) had assets worth 3.77 billion RON, in January 2023, up 9.85% y-o-y, according to a report by the Financial Supervisory Authority (ASF).
09:45 Arrivals registered in tourist accommodation units (including apartments and rooms for rent), in January 2023, totaled 784,000 people, an increase by 24.4% ompared to January 2022, the National Institute of Statistics (INS) data showed.
COMPANIES & MARKET
11:22 In 2022, the companies listed on the Bucharest Stock Exchange reported better-than-expected, considering that nine in ten firms recorded significantly higher turnovers, compared to four in ten firms in 2021, while 70% reported significantly higher profits, versus 60% in 2021, Ziarul Financiar reported citing an analysis by BVBescu platform based on financial reports.
11:11 Almost 600,000 women are shareholders or partners in companies operating in Romanian, up 11% compared to 2019 and up 46% compared to 2013, the National Trade Register Office data analyzed by KeysFin experts showed.
11:01 Data centralized by Cushman & Wakefield Echinox show that over 50% of all industrial and logistics spaces in Romania are in Bucharest-Ilfov. According to the consultancy, at the end of last year the stock of industrial and logistics spaces in Romania reached 6.45 million sqm.
|EUR 4.9157||GBP 5.5180|
|USD 4.6627||CHF 4.9476|
|BGN 2.5134||MDL 0.2455|
BNR INTEREST RATES
|15.07% (Jan. 2023) BNR Target 2022: 2.50% (variation band: ± 1pp)|
BUCHAREST STOCK EXCHANGE (BVB) INDICES
|BET -0.17%, BET-TR -0.17%, BET-FI -0.17%, BET-NG -1.06%, BET-XT -0.27%,|
BETXT-TR –0.27%, BET-BK -0.62%, RO-TX -0.09%, BETAeRO 0.36%
CAPITAL MARKET COMMENTARY
|Bucharest stock traded lower on Wednesday bucking the trend across Europe where markets closed mostly higher. Investors focused on the interest rate discussions that have been ongoing in the United States over the past two days. On the data front, the latest report revealed the Eurozone’s economy stagnated in the last quarter of 2022.|
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