The gold gram rose on Friday by 2.3241 lei (0.63%) reaching a quotation of 373.3536 lei, from 371,0295 lei, as announced on Thursday by the National Bank of Romania (BNR) once again registering a record value. The national currency depreciated, on Friday in relation to the euro, which was calculated by the National Bank of Romania (BNR) at 4,9745 lei, up by 0,01 money compared to the previous quotation of 4,9744 lei. The Romanian leu lost ground to the American dollar, which was calculated at 4,4568 lei, up by 0.64 bani (0.14%) as compared to Thursday when it was 4,4504 lei. In exchange, the Romanian currency appreciated against the Swiss Franc, calculated by BNR at 5,2532 lei, dropping by 0.93 bani (-0.18%) against 5.2625 lei, the previous quotation.
The total number of recipients of social benefits for retired persons was, in October 2024, 925,865 – 2,322 lower compared to the previous month, according to the data provided by the National Public Pension House (CNPP) and quoted by Economica.net. Of these, 832,693...
The team of Kosovo abandoned during the stoppage time in the 92nd minute of the football match against Romania in Bucharest counting for the Nations League, accusing the Romanian fans of "racism" after the later sang Serbia-related chants. The Romanian team remained on the pitch for 74 minutes until the referee decided to put an […]
One week before the first round of the presidential elections in Romania and two weeks before the parliamentary ballot, the leader of Romania's junior ruling Liberal Party (PNL) and a presidential candidate, Nicolae Ciucă, took one more chance to argue vocally that only his party can send the senior ruling Social Democratic party (PSD) and […]
International rating agency Moody's has affirmed the ratings assigned for the first time in 2023 to Romanian financial group Banca Transilvania (BVB: TLV) and improved the outlook on the long-term deposit (Baa2) and issuer ratings (Baa3) to positive from stable. Low dependence of market funding and high profitability balances against risks posed by foreign currency […]
The number of dissolved companies in Romania increased by 6.9% year-on-year in the first nine months of 2024, reaching 30,094, up from 28,146 in the same period last year, according to data from the National Trade Registry Office (ONRC). Bucharest recorded the highest number of dissolutions at 6,184, marking a 5.4% y/y increase,
Rompetrol Rafinare, a KMG International Group (Rompetrol) member company, announced it recorded in the first nine months of 2024 a gross turnover of USD 3.57 billion and an operational result (EBITDA, an indicator that measures the company's profitability before deducting depreciation, interest, fees, and taxes) of about USD 125 million. The financial results were impacted […]
