The arrears of the general consolidated budget decreased 10.5pct in December 2021, compared to the previous month, to 172.09 million lei, from 192.3 million lei, according to data published on the website of the Ministry of Finance (MF).Arrears of over 90 days decreased by 4.27pct, from 63.3 million lei down to 60.6 million lei, while arrears of over 120 days decreased by 18.7pct, from 82.9 million lei in November down to 67.4 million lei in December, with arrears more than 360 days past due decreasing from 46.1 down to 44 million lei (-4.56pct).According to the same source, in terms of local budgets, arrears decreased by 11.8pct, from 168.97 million lei (in November) to 149.04 million lei (in December).Debts more than 90 days past due decreased by 3.1pct, to 56.3 million lei, those more than 120 days past due went down by 22.52pct, to 57.8 million lei, and those more than 360 days past due went down by 5.59pct, to 34.9 million lei.In the chapter "state and autonomous budget," arrears decreased from 23.33 million lei in November to 23.05 million lei in December (-1.2pct).Arrears of over 90 days decreased by 17.3pct, to 4.3 million lei, arrears of over 120 days increased by 15.66pct, up to 9.6 million lei, and arrears more than 360 days past due decreased by 8.08pct, to 9.1 million lei.
Representatives of the ruling Social Democratic Party, PSD, gathered for a congress in Bucharest on Friday, November 7, to elect new leadership and to amend the party’s Statute. The only candidate for party leader is Sorin Grindeanu, who held the interim position after Marcel Ciolacu's resignation in May. In his speech at the congress, Sorin […]
The e-commerce sector recorded strong early results on Black Friday 2025, according to real-time data released on Friday, November 7, by PayU GPO Romania from its dedicated Media Center. By 14:10, the payment processor reported successful transactions totaling RON 514 million (roughly EUR 101 million). PayU said shoppers had made roughly 889,000 purchases, with around […]
Contakt Express Logistik, one of Romania’s leading retailers of mobile phone and tablet accessories, with a network of over 235 stores, is set to launch the initial public offering (IPO) between November 12 and December 3, 2025. The company offers a wide range of products, including cases, screen protectors, chargers, and gadgets, both in physical […]
Romania attracts fewer international tourists today than it did during the communist era, making it the only country in Europe in this situation, the National Association of Travel Agencies (ANAT) warned, as reported by news agency Agerpres. According to the organization, Romania received more than 3.4...
InterCapital ETF, the first international ETF provider in Romania, will launch two new exchange-traded funds on the Bucharest Stock Exchange starting November 11, 2025. The new instruments are the InterCapital CROBEX10 TR UCITS ETF, which offers exposure to the Croatian blue-chip equity market by tracking the performance of the CROBEX10tr index, and the InterCapital EUR […]
The Competition Councils of Romania, Bulgaria, and the Republic of Moldova have granted the necessary authorizations and approvals for the completion of the transaction through which Maspex Romania takes over the majority shareholding of Purcari Wineries. The Maspex Group, which has been present in Romania for nearly 30 years, became the majority shareholder of one […]
