The arrears of the general consolidated budget decreased by 14.3% in December 2023, as compared to the previous month, at 279.97 million lei, from 326.63 million lei in November, according to the data published on the site of the ministry of finances (MF).Arrears over 90 days decreased by 2.72% from 110.6 million lei to 107.6 million lei, those over 120 days decreased by 32% from 155.9 million lei in November 2023 to 106 million lei in December 2023. Arrears over 360 days increased by 10.3%, from 60.2 million lei to 66.4 million lei. According to the quoted source, as regards the local budgets, the arrears diminished by 15.6% from 304.86 million lei (in November 2023) at 257.31 million lei (December 2023).Debts over 90 days decreased by 5.14% to 101.5 million lei, those over 120 days decreased by 33.25% to 98.6 million lei, while arrears over 360 days increased by 14% to 57.2 million lei. In the "State budget and autonomous" chapter, arrears increased from 21.78 million lei in November 2023 to 22.66 million lei in December 2023 (+4%). Arrears over 90 days increased by 66.6% to 6 million lei, those over 120 days decreased by 9.8% to 7.4 million lei and those over 360 days decreased by 8% to 9.2 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 […]
