In January - May 2022 the balance-of-payments current account posted a deficit of EUR 10,238 million, compared with EUR 5,698 million in the same year-ago period, the BNR ( the National Bank of Romania) data show.. The breakdown shows that the deficit on trade in goods widened by EUR 3,446 million, the surplus on services increased by EUR 505 million, the primary income deficit grew by EUR 1,564 million, while the secondary income surplus narrowed by EUR 35 million. Non-residents’ direct investment in Romania totalled EUR 3,787 million (compared with EUR 2,471 million in January - May 2021), of which equity (including the estimated net reinvestment of earnings) and intercompany lending recorded net values of EUR 3,610 million and EUR 177 million, respectively. In January - May 2022, total external debt increased by EUR 2,668 million, of which: long-term external debt at end-May 2022 ran at EUR 96,257 million (70.1 percent of total external debt), down 0.9 percent against end-2021; short-term external debt at end-May 2022 amounted to EUR 41,028 million (29.9 percent of total external debt), up 9.6 percent from end-2021. Long-term external debt service ratio ran at 14.6 percent in January - May 2022 against 16.4 percent in 2021. At end-May 2022, goods and services import cover stood at 4.2 months, as compared to 4.9 months at end-2021. At end-May 2022, the ratio of the National Bank of Romania’s foreign exchange reserves to short-term external debt by remaining maturity came in at 78.1 percent, against 81.9 percent at end-2021.
More than 2 out of 3 Romanian consumers do not return for a second purchase, according to the new Customer Loyalty Index, a comprehensive analysis based on aggregated data from campaigns and authored by White Image, the oldest email marketing company in Romania. The Index analyzes the post-purchase behavior of Romanian consumers and highlights major […]
Fashion retailer Primark announced major plans to expand its presence in Romania, confirming four new store openings for 2026. This will double its presence in the market and create over 450 new jobs. The announcement arrived at an important moment for the company, which marked three years since the opening of its first Romanian store […]
Romania’s National Road Investment Company (CNIR) awarded on Tuesday, December 16, the contract for the design and construction of the Bacău–Piatra Neamț express road to a Romanian–Bulgarian consortium. The value of the contract is RON 5.17 billion (some EUR 1 billion), excluding VAT, and its signing will take place if no appeals are filed. The […]
Romania will host its first mixed team European Judo Championship in 2027, according to the Romanian Judo Federation. The competition will take place at a key moment in the Olympic cycle, when the points earned will directly influence world rankings and qualification for the Olympic Games, according to FR Judo. The event will...
Radu Miruță, currently Romania’s economy minister, was proposed to lead the Defense Ministry. He will also hold the position of deputy prime minister. In his place, senator Irineu Darău has been proposed to take the helm of the Economy Ministry. The Defense and Economy Ministries are handled by the center-right reformist party Save Romania Union […]
Carrefour Romania has expanded its proximity retail network, reaching 200 Express stores and 191 Market locations nationwide, as part of its strategy to strengthen convenience formats. The retailer announced that the 200th Carrefour Express store will open on December 22. In 2025 alone, Carrefour opened 27 Express stores, including 19 company-operated units and eight franchise […]
