10:01 The President of the Republic of Moldova is paying a working visit to Romania at the invitation of President Klaus Iohannis. The Romanian head of state has discussed energy, economic and security issues in Bucharest with his visiting Moldovan counterpart.
09:49 Romania and Bulgaria can continue counting on the European Commission’s unwavering support, the EU’s executive arm Commissioner for Home Affairs said in a response to a letter from Romanian MEP Eugen Tomac (EPP).
09:45 Romania’s banking system net profits hit a record high of RON10.2 billion in 2022, up 24.4% y-o-y.
09:22 In 2022, open investment funds registered a fall in net assets of 31.2% y-o-y, reaching 17.431 billion RON, Horia Gusta, the president of the Association of Fund Administrators, told a debate with the administrators of investment funds organized at the Bucharest Stock Exchange on Thursday (Feb. 23).
COMPANIES & MARKET
10:17 Four in ten SMEs in Romania in hospitality and retail sectors say are not prepared for global crises, a market research conducted by Glovo and research company Ipsos in Oct-Nov 2022 shows.
09:37 Romanian employers contacted 45% more job candidates since the beginning of this year, compared to the same period in 2022, a survey by online recruiting platform BestJobs reveals.
09:28 State-owned Romanian nuclear energy company’s 2022 revenues stood at RON6.5 billion, double the 2021 level, while net profit stood at RON2.7 billion, up 163%.
|EUR 4.9170||GBP 5.5786|
|USD 4.6426||CHF 4.9674|
|BGN 2.5140||MDL 0.2465|
BNR INTEREST RATES
|15.07% (Jan. 2023) BNR Target 2022: 2.50% (variation band: ± 1pp)|
BUCHAREST STOCK EXCHANGE (BVB) INDICES
|BET -0.10%, BET-TR -0.10%, BET-FI 0.19%, BET-NG 0.48%, BET-XT -0.05%,|
BETXT-TR –0.05%, BET-BK -0.21%, RO-TX -0.08%, BETAeRO -0.59%
CAPITAL MARKET COMMENTARY
|Bucharest stocks head into the weekend mostly lower as rest of European markets moved from gains to losses. Figures published in the morning showed Germany’s economy, the largest in Europe, contracted by 0.4% in the fourth quarter last year, with a previous flash estimate showing a 0.2% decline.|
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