On January 31, 2025, the National Bank of Romania's (BNR) foreign exchange reserves stood at EUR 60,837 million, as against EUR 62,135 million on December 31, 2024, BNR reported on Monday.During the month, there were EUR 2,716 million worth of inflows representing changes in credit institutions' foreign currency-denominated required reserves with the NBR; inflows into the Ministry of Finance's accounts; inflows into the European Commission's account and other.Also, EUR 4,014 million worth of outflows representing changes in credit institutions' foreign currency-denominated required reserves with the NBR; interest payments and principal repayments on foreign currency public debt and other.The gold stock remained steady at 103.6 tonnes. However, following the change in the international price of gold, its value amounted to EUR 8,973 million.As of January 31, 2025, Romania's international reserves (foreign currencies and gold) stood at EUR 69,810 million, as against EUR 70,491 million on 31 December 2024.In February 2025, the payments due on the foreign currency-denominated public and publicly guaranteed debt amount to approximately EUR 543 million.
A moose has been unexpectedly spotted in the Hunedoara county area, specialists from the conservation group Rewilding Romania announced on Wednesday, December 10, sharing footage of the animal on social media. The sighting is considered “an important discovery for Romania’s wildlife,” though experts caution that it remains unclear how the animal reached this region. According […]
Trade unionists will continue to require the Presidential Administration to mediate the conflict with the government on issues such as the minimum wage or the collective labour agreement, said Bogdan Hossu, president of the Cartel Alfa trade union confederation, as reported by
Prime minister Ilie Bolojan said on Wednesday, December 10, that Romania’s state budget for 2026 will be adopted only at the end of January, citing the need for Parliament to first approve legislation required to ensure predictability and compliance with the country’s deficit targets. His comments came as the government has been working to align […]
Bosch announced that its Global Business Services centre in Romania, at Timisoara, plans to reduce approximately 510 positions of the existing 1,800 by the end of 2030 as part of a cost-cutting plan that aims to lay off 13,000 employees worldwide across the entire group. The company cited “stagnant demand for services” and “productivity potentials […]
Romanian dairy producer Artesana will begin construction of a new factory in 2025, an investment estimated at EUR 8-10 million with production specialised in cheese products scheduled to start in 2027, Mediafax.ro reported. The company said...
Roșii Românești, a company registered in Timișoara as part of the Polish group Citronex, has begun its planned EUR 20 million investment in the construction of a modern hydroponic tomato greenhouse complex, accompanied by a packaging space, road infrastructure, logistics platforms, and utility connections. The documents have been submitted to the Environmental Agency, and production […]
