Arrears in the general consolidated budget increased by 8.27% in August 2023 compared to the previous month, to 306.24 million lei, from 282.84 million lei in July, according to data published on the Ministry of Finance (MF) website. Arrears over 90 days increased by 51.6%, from 54 million lei to 81.9 million lei, those over 120 days decreased by 5.83%, from 151 million lei in July 2023 to 142.2 million lei in August 2023. Arrears over 360 days increased by 5.5%, from 77.9 million lei to 82.2 million lei. According to the quoted source, as regards local budgets, arrears increased by 8.9%, from 363.2 million lei (in July 2023) to 286.83 million lei (in August 2023). Debts over 90 days increased by 54% to 79 million lei, those over 120 days decreased by 5.45% to 135.5 million lei, while arrears over 360 days increased by 5.4% to 72.3 million lei. In the "State budget and autonomous" chapter, arrears decreased from 19.63 million lei in July 2023 to 19.41 million lei in August 2023 (-1.12%). Arrears over 90 days increased by 11.53% to 2.9 million lei, those over 120 days decreased by 13% to 6.7 million lei and those over 360 days increased by 5.37% to 9.8 million lei.
eXp Realty, a leading independent real estate brokerage and a subsidiary of eXp World Holdings (Nasdaq: EXPI), has officially entered the Romanian market as part of its ongoing global expansion. The company also launched in Turkey, Peru, Japan, Ecuador, and South Korea in 2025. The company reported third-quarter sales volume of USD 54.1 billion and […]
About 75% of Romanian employees say that work plays an important role in their lives, but is not their life’s main purpose. Moreover, only 9% of Romanian employees are completely disengaged at work, according to a Pluxee-Ipsos study that surveyed 8,700 employees across 10 countries. Far from confirming the “Great Detachment,” the study presents several […]
The Romanian chain of stores Contakt, a leader in mobile phone accessories retail, announced its entry into the Czech market this week. The company is currently conducting an initial public offering (IPO) on the Bucharest Stock Exchange (BVB). Contakt has already signed for two locations in Prague, in premium retail areas located in high-traffic malls. […]
Romania is expected to be affected by a mass of Saharan dust between November 21 and 23, according to the National Meteorological Administration (ANM), as reported by Digi24. The airborne particles, carried by a south-westerly air flow, will spread across much of the country, with dust deposits becoming visible particularly in areas...
Romania’s business landscape has undergone a significant transformation, with company revenues tripling and profits increasing more than fourfold between 2008 and 2024, according to a comprehensive study released by Termene.ro. Based on official financial data, the research highlights what analysts describe as the country’s entry into a “new normal” of economic maturity. The study showed […]
The former Romanian midfielder Gheorghe Hagi is in 82nd place in the ranking of the greatest footballers of all time, compiled by international sports magazine The Athletic, cited by TuttoMercatoWeb. In the opinion of The Athletic, the greatest...
