BNR expects a slowing down of economic activity in most economic sectors, except for agriculture, in quarters 3 and 4, according to the November Report on inflation. According to the source, economic activity especially in HoReCa and cultural-recreational activities, is evaluated as having benefited, in the first two months of quarter 3, from the relaxation of an important number of mobility restrictions, on the background of the improvement of the medical situation. Also in this context, there is a high level of the economic agents' confidence in July and August. ESI indicator calculated by DG ECFIN recorded some of the highest values since the beginning of pandemic. In exchange, unfavorable signals came from the dynamic of industrial production and the building sector, on the background of the persistence of differences in supply chains (in the context of microchip crisis and the global raw material price increase) evaluated with a more persistent character than initially anticipated. Moreover, exports are foreseen to benefit from the activity recovery of the main commercial partners in the euro zone, on the background of a better control of the health situation in those states. The institution foresees that the new trajectory includes: slowdown effects, higher than previous estimates, of economic activity in the last two quarters of the current year and the contraction impact, anticipated to persist for some time, because of energy prices. The average annual GDP increase is imprinted by that of people's household consumption, to which is added the solid contribution of the formation of fix capital. The contribution of real net exports is designed to remain negative, with higher values in 2021 (against the previous year). For the current year, the designed contribution of the variation of stocks in the average GDP dynamic is very high.
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 […]
