|EUR 4.9250||GBP 5.7274|
|USD 4.7278||CHF 5.0120|
|BGN 2.5181||MDL 0.2453|
BNR INTEREST RATES
|15.32% (Oct. 2022) BNR Target 2022: 2.50% (variation band: ± 1pp)|
BUCHAREST STOCK EXCHANGE INDICES
|BET -0.05%, BET-TR -0.05%, BET-FI 0.91%, BET-NG 0.73%, BET-XT 0.14%,|
BETXT-TR 0.14%, BET-BK 0.31%, RO-TX -0.08%, BETAeRO -0.05%
15:50 President of Romania Klaus Iohannis, President of Lithuania Gitanas Nauseda, President of Latvia Egils Levits, and President of Poland Andrzej Duda adopted on Friday a joint statement on regional security and European integration, Agerpres reported.
12:30 The Secretary General of the North Atlantic Alliance, Jens Stoltenberg, will arrive in Romania on Monday to meet President Klaus Iohannis, Prime Minister Nicolae Ciuca and Minister of Foreign Affairs Bogdan Aurescu, according to NATO.
10:00 President Klaus Iohannis continues his official visit to Lithuania for a second day on Friday (Nov. 25), being scheduled to participate in the international symposium called “The Idea of Europe,” but also to attend the summit dedicated to strengthening the Eastern Flank of NATO, Agerpres reported.
09:49 The Minister of Labour Marius Budai wrote on Facebook on Thursday (Nov. 24) that the trade unions and employers’ associations have accepted, during the discussions in the National Tripartite Council (CNT), the proposal to increase the minimum gross salary to 3,000 RON, with 200 RON tax-free.
09:42 The Minister of Internal Affairs, Lucian Bode wrote on Facebook on Thursday (Nov. 24), following a meeting with his German counterpart, Nancy Faeser, that Germany’s involvement in supporting Romania’s accession to the Schengen area “matters enormously”.
17:15 Romania’s consolidated budget deficit increased to 3.37 percent of GDP over January – October, from 3.04 percent of GDP at the end of September, according to the Finance Ministry.
14:27 The electricity import grew in 2021 by 513 GWh compared to the previous year, and the export increased by 1,106 GWh (+23pct) compared to 2020, when it was 4,809 GWh, National Institute of Statistics (INS) data showed.
10:15 Loans to non-government sector granted by credit institutions decrease by 0.3%, in October, National Bank of Romania (BNR) data showed.
10:06 The Finance Ministry raised on Thursday (Nov. 24) RON 1.003 billion from banks through a benchmark bond issue with a residual maturity of 118 months, at an average yield of 8.06 pct per annum, according to the BNR.
09:52 The state gains 150 million lei by taxing the dividends from Pillar II of pensions, Cristian Popa, member of the Board of Directors of the National Bank of Romania, said at the round table regarding the future of Romanian pensions organized by the Commission for Entrepreneurship and Tourism of the Chamber of Deputies on Wednesday (Nov. 23).
. MARKET & COMPANIES
11:08 Trade unions in Romania get new rights and powers in relation to employers as Romania’s Chamber of Deputies passed on Nov. 23 the new social dialogue law, G4media.ro reported.
11:03 German companies in Romania assess their economic situation as good or satisfactory, although most of them see the international context worsening within the next 12 months, a survey conducted last month by the Romanian-German Chamber of Commerce and Industry (AHK Romania) shows.
11:00 The ten most valuable companies in Romania’s economy are this year valued at RON218 billion (EUR44 billion), 20% lower than in 2021, Ziarul Financiar reported.
10:54 The 20 companies whose shares are included in the bluechip BET index of the Bucharest Stock Exchange ended the first nine months of 2022 with a combined net profit of RON21.7 billion (over EUR4 billion), up 111% year-over-year, as per calculations by ZF based on data aggregated by brokerage firm Goldring.
10:08 Romanian consumers’ shopping behaviour is increasingly unpredictable, the desire to sell quickly at low costs and the existence of many advertisers in Romania are the main conclusions about the advertising market in Romania presented by Limitless Agency at WebSummit Lisbon.
17:55 Romania is present in the main category of the Deloitte 2022 Central Europe Technology Fast 50 ranking of the fastest growing start-ups in the region through the technology company Wave Studio. Pentest-Tools.com and DRUID are also ranked in the Companies to Watch category,
11:17 Swisspod Technologies, a Swiss-American start-up co-founded and headed as CEO by local entrepreneur Denis Tudor, developing Hyperloop, an ultra-high-speed, emission-free, intercontinental transportation solution for passengers and cargo, targets EUR500,000 on Romanian equity crowdfunding platform SeedBlink.
09:57 A number of 63,696 people entered Romania through border points throughout the country, of whom 7,094 were Ukrainian citizens, decreasing by almost 5% compared to the previous day, according to the General Inspectorate of the Border Police (IGPF).
. MORE NEWS FROM ROMANIA
CFR SA, the state railway carrier of Romania, allocates 255.6 million lei for line repair works, track devices and railway installations on the SRCF Bucharest and Constanta line, the company announced on Friday (Nov. 25).
Oradea attracts the third major investment this year. After Stihl (125 million euros) and Nokian Tires (650 million euros), Press Glass Production SRL, the local subsidiary of Press Glass Holding Poland, one of the largest thermal insulation glass manufacturers in Europe, will invest 50 million euros in a glass factory and specific products, on an 8-hectare plot in Oradea, Bihoreanul reported.
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