POLITICS
-Romania’s President Iohannis welcomed Moldova’s President Maia Sandu, at the Cotroceni Palace on Tuesday (Nov. 1)
-As of November 1, Romania has 2.963 billion cubic meters of natural gas in storage, which represents a percentage of 96.52%, Agerpres quoted Minister of Energy, Virgil Popescu as saying.
-The Government has on the agenda of Wednesday’s meeting, among other things, the analysis of a draft emergency ordinance on private pensions and the draft law on the organization and operation of the National Signaling Information System, with a view to Romania’s participation in the Schengen Information System, Agerpres reported.
ECONOMY
-Romania’s foreign exchange reserves (foreign currency plus gold) increased to more than EUR50 billion for the first time ever, reaching EUR51.78 billion in October, compared with EUR49.3 billion in September, National Bank of Romania data showed.
-The flow of new corporate loans denominated in euros stood at EUR 795 mln (RON 3.9 bln, the highest level in 13 years) in September, surpassing for the first time in the last decade the flow of new corporate loans denominated in local currency (RON), Ziarul Financiar reported.
COMPANIES & MARKET
-The number of registrations of individuals and legal persons increased, in January-September 2022 by 3.32% y-o-y, to 120,602, of which 90,814 are limited liability companies (SRL), National Trade Register Office (ONRC), data showed.
-Bucharest-listed Romgaz, a state-run natural gas producer and supplier, on Tuesday (Nov. 1) announced a deal with Electrocentrale Bucuresti, the main provider of heating via the central heating system of Bucharest, according to a Bucharest Stock Exchange report.
-The latest Google Smart Shopper study, which analyzes shopping habits in Romania, revealed that the percentage of those who shop online has increased this year, with almost half of Romanians (47%) making their most recent purchase online, compared to 41% in 2021.
-Finland’s Nokian Tyres announced on Tuesday (November 1) that it will invest some EUR 650 million in a new passenger car tire factory in Oradea, Romania that will become operational at the end of 2024.
SOCIAL
Almost 66,000 people entered Romania on Tuesday (Nov. 1), including approx 7,500 Ukrainians, according to the General Inspectorate of the Border Police.
