TODAY’S NEWS
ECONOMY
Romania’s Finance Ministry raised RON767 million from banks on Monday (Sept 18) selling treasury bills maturing in 2028, at an annual average yield of 6.59%, according to the National Bank of Romania (BNR).
-The Ministry of Finance continues to issue Fidelis government bonds for retail investors and carries out a new selling offer on the Bucharest Stock Exchange between September 18 and October 3.
-Employment rate of the Romanian population aged between 15 and 64 stood at 63% in Q2 2033, while in the 20-64 group, the share reached 68.7%, the National Institute of Statistics (INS) data showed.
COMPANIES
-The number of deregistered companies went up by 14.14%, in the first seven months of 2023, to 22,193, compared to 19,443 in the same period of 2022, data centralized by the National Trade Registry Office (ONRC) showed.
-Romania’s state-run natural gas transmission company Transgaz has officially taken over on Tuesday (Sept 19) the operation, maintenance, gas transmission and dispatching activities in the Republic of Moldova, through its subsidiary Vestmoldtransgaz SRL (VMTG).
-Half of the employees in Romania said they have been contacted on vacation by colleagues and managers to solve situations arising at the office, a third of them take their laptops on their holidays, and about 60% check their work email while on vacation, a survey conducted by Undelucram.ro, an online employee community in Romania, reveals.
TODAY’S MARKET
EXCHANGE RATES
| EUR 4.9691 | GBP 5.7569 |
| USD 4.6505 | CHF 5.1851 |
| BGN 2.5406 | MDL 0.2593 |
(Source: National Bank of Romania BNR)
BUCHAREST STOCK EXCHANGE (BVB) INDICES
| BET 1.02%, BET-TR 1.02%, BET-FI 1.79%, BET-NG 0.36%, BET-XT 0.88%, BETXT-TR 0.88%, BET-BK 0.94%, RO-TX 0.92%, BETAeRO –0.15% |
CAPITAL MARKET COMMENTARY
| Bucharest stocks traded in the green on Tuesday as rest of Europe closed mixed with investors largely refraining from making significant moves ahead of looming central bank decisions from the U.S. Federal Reserve and the Bank of England, due on Wednesday and Thursday, respectively. The Swiss National Bank, the Norges Bank and the Riskbank are also scheduled to announce their monetary policies during the course of this week. |
