10:26 Romania’s President Klaus Iohannis is in Luxembourg on Monday (Feb. 27) where he is meeting Luxembourg’s Prime Minister Xavier Bettel and participating as a keynote speaker in the first edition of the European Investment Bank Group Forum, according to the Romanian Presidential Administration.
10:14 Speaker of the Chamber of Deputies Marcel Ciolacu is paying an official visit on Monday (Feb. 27) and Tuesday (Feb. 28) to Azerbaijan, where he is discussing with Azerbaijani president about three major energy projects
11:11 In 2022, more than 90 crimes of an economic-financial nature and 443 crimes of smuggling and customs fraud were detected by Romania’s Border Police, while the value of the confiscated goods stood at 315.8 million RON, according to the Ministry of Internal Affairs (MAI).
10:58 Romanian state-owned lender CEC Bank reported RON 446.8 million net profit in 2022, up 22% y-o-y. This is the fourth consecutive year of solid profits, growth and market share consolidation for CEC Bank.
COMPANIES & MARKET
11:01 Alpha Bank Romania supports the entrepreneurial environment by actively partnering the IMM INVEST PLUS 2023 Program on all its components: IMM Invest, Agro IMM Invest, IMM Prod, Garant Construct, Rural Invest and Innovation.
10:54 The Bucharest Stock Exchange (BVB) could carry out 15 financing rounds this year, in February there will be the listing of an investment fund, a bond listing and a stock listing, BVB Business Development & Public Affairs specialist Stefan Musgociu told the “Financial Year 2023” conference, an event organized by Finmedia and the Financial Market.
11:23 On Sunday (Feb. 26) 94,974 people entered Romania, of which 7,439 were Ukrainian citizens, according to the General Inspectorate of the Border Police.
MORE NEW FROM ROMANIA
11:28 The county council Satu Mare signed on Feb. 13 a contract worth over 300 million lei for the modernization of the International Airport Satu Mare and a new terminal to be built. Furthermore, the existing terminal and the boarding platform will be extended and the runway will be rehabilitated.
|EUR 4.9185||GBP 5.5787|
|USD 4.6559||CHF 4.9494|
|BGN 2.5148||MDL 0.2468|
BNR INTEREST RATES
|15.07% (Jan. 2023) BNR Target 2022: 2.50% (variation band: ± 1pp)|
BUCHAREST STOCK EXCHANGE (BVB) INDICES
|BET -0.13%, BET-TR -0.13%, BET-FI -0.34%, BET-NG 0.41%, BET-XT -0.15%,|
BETXT-TR –0.15%, BET-BK 0.13%, RO-TX -0.35%, BETAeRO -0.86%
CAPITAL MARKET COMMENTARY
|Bucharest stocks traded mostly in the red on Monday, bucking the trend across Europe where markets closed with strong gains as Brussels and London confirmed reaching a deal on the “Windsor Framework” that is expected to resolve some issues in Northern Ireland that were left unaddressed by the two sides’ post-Brexit trade agreement sealed over three years ago.|
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