Romanian market

Romania Market News – 30/10/23


-Romanian managers forecast a period of stability in processing industry and services activity in the fourth quarter of 2023, in parallel with a moderate fall in the number of constructions employees and increasing prices in constructions and retail, according to a survey conducted by the National Institute of Statistics (INS).

-The number of insolvencies in Romania dropped 7% year-over-year in January-August 2023, but a return to the growth rate is expected in the coming months, the factors being both conjunctural and/or seasonal as well as structural, Allianz Trade’s latest Global Insolvency Report reveals.

-Romania’s general consolidated budget posted a deficit of RON56.46 billion in the first ten of 2023, or 3.55% of gross domestic product (GDP), as compared to a budget gap of RON41.70 billion (2.96% of GDP) reported in the same period a year ago, the finance ministry said.

-The development of digital payments in Romania scored 56 out of 100 points in 2022, according to the Digital Payments Index (DPI), an analysis tool developed by Mastercard.

-The European Investment Fund (EIF) has signed agreements with five banks in Romania (Banca Comerciala Romana, Banca Transilvania, CEC Bank, Raiffeisen Bank and ProCredit Bank) to support the country’s small and medium-sized enterprises (SMEs).


Bucharest-listed OMV Petrom announced on Thursday (Oct. 26) the entry into force of the delisting of GDRs from the standard listing segment of the Official List of the Financial Conduct Authority and the cessation of trading of GDRs on the Main Market of the London Stock Exchange.



EUR 4.9647GBP 5.6915
USD 4.6943CHF 5.1929
BGN 2.5384MDL 0.2597

(Source: National Bank of Romania BNR)


BET 0.17%, BET-TR 0.18%, BET-FI 0.25%, BET-NG -0.10%, BET-XT 0.13%,
BETXT-TR 0.14%, BET-BK 0.27%, RO-TX 0.87%, BETAeRO 0.17%


The majority of Bucharest stocks closed in the green on Monday in line with rest of Europe with investors looking ahead to central bank meetings due this week. The Federal Reserve, Bank of Japan and Bank of England all are set to announce their monetary policy decisions this week.
(Graph source: BVB)