|EUR 4.9140||GBP 5.6199|
|USD 4.6193||CHF 5.9866|
|BGN 2.5125||MDL 0.9866|
BNR INTEREST RATES
|16.76% (Nov. 2022) BNR Target 2022: 2.50% (variation band: ± 1pp)|
BUCHAREST STOCK EXCHANGE (BVB) INDICES
|BET 0.50%, BET-TR 0.50%, BET-FI 0.28%, BET-NG 0.57%, BET-XT 0.47%,|
BETXT-TR 0.47%, BET-BK 0.70%, RO-TX 0.41%, BETAeRO 0.31%
CAPITAL MARKET COMMENTARY
|Bucharest stocks closed higher on Wednesday with blue-chip Sphera Franchise Group leading the gains. The largest group in the Romanian food service sector’s shares jumped 2.49% to close at 14.4000 points.|
10:19 Romania’s President Klaus Iohannis on Wednesday (Dec. 20) laid a wreath of flowers at the Roadside Crucifix in University Square in Bucharest the memory of the 1989 Revolution victims.
10:01 Romania’s Prime Minister Nicolae Ciuca met with Speaker of the Republic of Korea’s National Assembly Kim Jin-pyo, during the official visit he is paying this week to the Republic of Korea, where he discusses the strengthening of bilateral cooperation, Ciuca wrote on Wednesday (Dec. 20), on the Government’s Twitter page.
09:24 The Romanian Government approved a bill that provides, among others, the establishment of an agency tasked with monitoring and assessing the performance of state-run enterprises.
09:19 European Parliament President Roberta Metsola in an interview with Agerpres in Bucharest on Tuesday, said hat she wants “to look at 2023 as the year in which Romanian citizens finally get, after 11 years of having been promised, what they deserve,” referring to the Schengen Area.
09:59 Romania’s economy increased by 5.8% in 2021 compared to 2020, according to semi-final data by the National Institute of Statistics (INS).
09:20 Romania produced, in the first ten months of 2022, a quantity of petroleum of more than 2.436 million tons of oil equivalent (toe), down 6.2% y-o-y, National Institute of Statistics (INS) data showed.
09:13 The European Commission adopted on Tuesday (Dec. 19) the Interreg VI-A Romania-Hungary Program of over 175 million euros. The Interreg V-A Romania-Hungary Programme carries on the financing of cross-border cooperation initiatives in the Romanian-Hungarian border.
COMPANIES & BUSINESS
11:29 Romania’s natural gas company ROMGAZ and SOCAR TRADING, a subsidiary of the State Oil Company of the Republic of Azerbaijan, signed on Dec. 16, the first individual contract for gas deliveries from Azerbaijan to Romania.
09:09 Banks in Romania must rethink strategy and business model to survive, according to the 12th edition of the McKinsey Global Annual Banking Review.
09:00 The vacancy rate of modern buildings, erected in the last 10 years in Bucharest, was about 10% by mid 2022, compared to 18% for buildings completed until 2012, an analysis by Colliers reveals.
11:46 A person who has the lowest salary per economy needs to save 10% of his/her salary for 26 to 51 years in order to be able to buy a new car, through the Rabla car scrappage program, according to a report, commissioned by 2Celsius which analyzes the program from the perspective of the social impact.
To get in touch with our editorial team, send a press release,
email us at: editorial [at] buildpress.com.ro
To advertise on our platforms, you can use this form,
email us at: advertise [at] buildpress.com.ro
or call us at: +40 314 228 321 (Monday-Friday 10:30 – 16:30)
Visit our other websites: