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11:57 President Klaus Iohannis welcomed on Tuesday U.S. Secretary of State Antony Blinken at the Cotroceni Palace, Agerpres reported. The American official is in Romania until Wednesday to attend the NATO Foreign Ministers Meeting.
09:23 The closing of the coal capacities cannot be done without having at least the gas investments that we envisaged, Elena Popescu, with Ministry of Energy’s General Directorate of Energy Policies and Green Deal, told a specialized event on Monday (Nov. 29).
09:04 The meeting of the ministers of foreign affairs from the member countries of the North Atlantic Alliance (NATO) begins on Tuesday (Nov. 29), in Bucharest. The event is hosted, on behalf of Romania, by Minister Bogdan Aurescu.
10:58 The number of construction permits for residential buildings issued in Romania, in the first ten months of 2022, fell 12.9% y-o-y, National Institute of Statistics (INS) data showed.
10:53 The banking sector’s operating profit in 2021 stood at 22.596 billion RON, up from 19.462 billion RON reported the year before, according to INS data.
10:10 Financial analysts part of CFA Romania see the Romanian leu falling to an average exchange rate of 5.0652 units/EUR in the next 12 months, while they expect the estimated inflation rate averaging 10.56%, up from September when the analysts anticipated inflation would average 9.59%.
09:59 VAT revenue, the second most important resource of the state budget and a barometer for consumer spending grew by 3% in October compared to the same month a year ago, according to the budget execution for October published by the Finance Ministry.
MARKET & COMPANIES
11:29 Remote jobs remain on top of Romanians’ preferences, as searches this year for this category of openings were up 25% y-o-y, accounting for 13.1% of the total, a survey conducted by online recruitment platform eJobs showed.
11:11 The affordability of buying a new home in Bucharest, calculated by SVN Romania, dropped 1.5% in the past year, with 103.8 average salaries (8.6 years) being needed for the purchase of a two-room apartments, compared with 102.3 average salaries (8.5 years) in September 2021.
10:52 Bucharest-listed national pipeline company Conpet Ploiesti notified the Bucharest Stock Exchange about the signing of a RON32.2 million contract with OMV Petrom, the largest oil and gas producer in Southeast Europe.
10:54 AROBS Transilvania Software (BVB: AROBS), the largest technology company listed on the Bucharest Stock Exchange, announced closing the first stage of the Stock Option Plan (SOP) program for the stimulation and retention of employees within the companies from the group. AROBS aims to turn its team members into company partners through this program.
11:36 Over 63,000 travelers enter Romania in past 24 hrs, including almost 7,200 Ukrainians, according to the General Inspectorate of the Border Police.
MORE NEWS FROM ROMANIA
The Motorway Company has launched tender for the completion of the feasibility study necessary for the construction of the Brasov – Bacau motorway.
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