Romania News

Romania News – Saturday 03/09/2022


-The Black Sea region becomes a higher than ever stake in terms of geopolitical perspective, Romanian Prime Minister Nicolae Ciuca told a panel of the sixth edition of the Black Sea and Balkans Security Forum held on Bucharest on Friday (Sept. 02).

-Romania’s Minister of Agriculture and Rural Development Petre Daea during a visit to the western city of Arad on Friday said that capping food prices would affect producers, but maintained that there are no reasons for further price increases in the coming period.

-Energy Minister Virgil Popescu will present in Brussels on September 9 decisions made by the Romanian Government regarding Energy Emergency Ordinance 27/2022.


-Romania’s three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, ended Aug 29-Sept 2 week at 7.93%, after staying flat at 7.95% in the past two trading days, National Bank of Romania showed on Friday.

-In Q2 2022 compared to Q1 2022, the adjusted hourly labour cost (working
days adjusted) registered an increase rate of 8.05%, National Institute of Statistics data showed.


-New car registrations in Romania dropped 22.26% to a total 12,538 units in August y-o-y, data from the association of automotive manufacturers in Romania (ACAROM) and of Romania’s General Directorate for Driving Licenses and Car Registration (DRPCIV) showed.

-Unirea Shopping Center, a chain of two large shopping centres, the initial one being located in Unirii Square, Bucharest, Romania, and the second one in the Transilvanian city of Brasov, had a net profit of RON13.6 million in the first half of 2022 as compared to a net loss of RON36 million in the year-earlier period, according to its half-year financial report sent to the Bucharest Stock Exchange.


-Last year, only 2% of Romanian students worked, according to Eurostat data, which shows that Romania had the lowest share of students who chose to work.