08:55 Romanian premier Nicolae Ciuca meets US official Dereck J. Hoga at the Victoria Palace and the US side offers technical support for inclusion in Visa Waiver. The American official is currently paying an official visit to Bucharest to participate in the Romania-USA Strategic Dialogue meeting, the government said.
08:40 By the end of March there will be a final version of the special pension law, which will be fair, balanced and constitutional, Deputy Prime Minister Kelemen Hunor, leader of the Hungarian Democratic Union of Romania (UDMR), told B1 TV on Monday (March 13).
08:30 Romania’s Defence Minister Angel Tilvar is paying an official visit to Qatar and Jordan March 12-18, where he is scheduled to meet his Qatari and Jordanian counterparts, as well as other military officials from the two countries, according to the Ministry of Defence.
11:01 Banks in Romania granted more than RON3.3 billion worth of new loans in lei to companies in January 2023, up 17.9% on December 2022 and on the year-ago month
10:48 Private consumption in Romania expressed through the volume of retail sales increased by 6% in January 2023 y-o-y, the National Institute of Statistics data showed.
10:44 Romania’s trade balance posted a deficit of EUR2.33 billion in January 2023, up 9.5% y-o-y, according to INS data.
COMPANIES & MARKET
10:55 About 19,000 houses and apartments are likely to be delivered this year in Bucharest and neighboring areas, down by 11% from 2022, according to a market report published by real estate consultancy SVN Romania.
10:35 Through the seven Pillar II mandatory private pension funds, to which they contribute 3.75% of their gross monthly income, several million Romanian employees have come to own 20% in Bucharest-listed Transgaz the company that operates the country’s natural gas transmission system, according to Ziarul Financiar calculations.
10:00 Bucharest-listed One United Properties, the leading green investor and developer of residential, mixed-use and commercial real estate in Romania’s capital, has concluded a EUR20 million financing agreement with local lender Banca Transilvania, over a period of up to 42 months.
|EUR 4.9253||GBP 5.5842|
|USD 4.5975||CHF 4.0487|
|BGN 2.5182||MDL 0.2462|
BNR INTEREST RATES
|15.52% (Feb. 2023) BNR Target 2022: 2.50% (variation band: ± 1pp)|
BUCHAREST STOCK EXCHANGE (BVB) INDICES
|BET 1.36%, BET-TR 1.36%, BET-FI 0.73%, BET-NG 1.64%, BET-XT 1.35%,|
BETXT-TR 1.35%, BET-BK 1.54%, RO-TX 1.32%, BETAeRO 0.24%
CAPITAL MARKET COMMENTARY
|Bucharest stocks closed higher on Tuesday mirroring the uptrend across Europe where markets ended on a firm note as worries surrounding the impact of Silicon Valley Bank’s collapse seem to subside. Officials and political leaders shared their belief that the event will not impact the Eurozone as a whole.|
To get in touch with our editorial team, send a press release,
email us at: editorial [at] buildpress.com.ro
To advertise on our platforms, you can use this form,
email us at: advertise [at] buildpress.com.ro
or call us at: +40 314 228 321 (Monday-Friday 10:30 – 16:30)