Financial

The Board of Romania's Central Bank, BNR, decided to drop again the monetary policy rate by 0.25 percent to 2 percent, achieving a new historic low which will come into effect on April 1, 2015....more »

Transelectrica's General Meeting of
Shareholders approved the 2015 revenue and expense budget which
includes forecasted revenues of 2.67 billion lei, down 7 percent
compared to the results anticipated for 2014.
Total expenses are expected to g...more »

Bancpost announces the signing of a 3-year financing agreement for a 2-million euro loan with “Traian Vuia” International Airport in Timisoara, funds intended to cover the working capital required by the institution....more »

Foreign direct investment (FDI) in Romania went up by 23.5 percent in the first month in 2015 compared to January 2014, amounting to 299 million euro according to a report released by Romania’s Central Bank....more »

Romania’s
exports increased by 6.4 percent year-on-year in January 2015, while
imports had a lower growth rate of 4.1 percent, leading to a trade
deficit of 176.4 million euro, 76.2 million euro smaller compared to
the previous year, announc...more »

Retailers accommodated by AFI Palace Cotroceni, except for Auchan hypermarket, obtained in 2014 higher sales revenues, up by 5 percent versus the previous year, although the number of visitors remained stable....more »

Romanian
International Bank received in February 2015 inflows of 14 million
lei (about 3 million euro) from its major shareholder, Getin Holding.
At the same time, the bank's funds have been consolidated through a
subordinated loan of 1.8 milli...more »

Romania has been reimbursed by the EU Commission funds exceeding 460 million euro since the beginning of the year, amount corresponding to the payment applications submitted in 2014, announced the Ministry of European Funds....more »

Although
declining as compared to December 2014, retail turnover grew by 6.3
percent year-on-year, as gross series, and by 6.8 percent as
seasonally adjusted series, according
to a report of the National Institute of Statistics (INSSE) which
d...more »

The Bucharest Stock Exchange (BVB) has implemented two new settlement cycles, thus trades can be settled through three such cycles starting with March 2, 2015....more »