As of end-May 2024, the forex reserves of the central bank (BNR) totalled EUR 65.072 billion, up 4.1% compared to the level of EUR 62.511 billion at the end of April 2024, according to a BNR press release sent on Monday.Inflows recorded in May 4.444 billion euros, representing changes in the foreign exchange reserve requirements of the credit institutions, inflows into the accounts of the Ministry of Public Finance (including amounts resulting from the issuance of some MF eurobonds, with a total nominal value of about 3.242 billion euros), the replenishment of the European Commission account and others.There were also outflows of EUR 1.883 billion, representing changes in the minimum foreign currency reserves held by credit institutions with the BNR, interest and instalment payments on foreign currency-denominated public debt (approximately EUR 625 million) and others.Romania's gold holdings remained unchanged at 103.6 tonnes worth EUR 7.189 billion, as per the current international prices.Romania's international reserves (foreign exchange plus gold) on May 31 2024 were EUR 72.269 billion, compared with EUR 69.700 billion on 30 April 2024.Payments due in June 2024 on account of foreign currency-denominated public debt, direct or guaranteed by the Ministry of Finance, totalled around EUR 148 million.
The ECOTECA Association, in partnership with the Ministry of Environment, Waters and Forests, is organizing the conference “Return & Recycle Insights – 2 Years of DRS in Romania”, which will take place on 26 November 2025, between 09:00 – 13:00, at the Bucharest University of Economic Studies (ASE). The event will bring together representatives […]
Nine years after opening its doors, Veranda Mall enters its most exciting chapter yet. What began as a project to breathe new life into the Obor neighborhood has evolved into one of Bucharest’s most beloved destinations for shopping, leisure, and connection. As it marks this anniversary, Veranda unveils a winter events lineup rich in culture, […]
Purcari Wineries (BVB: WINE), CEE’s leading wine producer, announced its financial results for the first nine months of 2025 on Friday, November 14. The company saw a decline of 1.46% in pretax EBITDA earnings from the similar period last year. Specifically, earnings decreased to RON 84.66 million from RON 85.92 million last year. Meanwhile, group […]
With a solid 35-year uninterrupted presence on the Romanian market, Darian—one of the longest-standing consultancy groups with fully Romanian capital—reaffirms its role as a strategic partner for the business environment. Darian marks this anniversary not through grand promises, but by strengthening its core working philosophy: acting as a “co-pilot” for complex decision-making. The company emphasizes […]
The National Bank of Romania (BNR) revised its inflation forecast upward, from 8.8% to 9.6%, for the end of 2025. The institution anticipates that inflation will reach 3.7% at the end of 2026, compared to 3% in the previous forecast, according to data presented on Friday, November 14, by governor Mugur Isărescu. Compared to the […]
The state-owned company Transelectrica (BVB: TEL), the operator of the Romanian national energy system, recorded a net profit of RON 183 million in the first nine months of the year, down 56% compared to the same period last year. Operating revenues fell by 2%, to RON 1.716 billion, mainly due to the decrease in revenues […]
