ROBOR has fallen amid liquidity in the market, but the shock on inflation is bound to be transferred to interest rates, said on Wednesday the president of the Association CFA Romania, Adrian Codirlasu.‘ROBOR has fallen amid liquidity in the market and reduced inflation. But for the last two months we had shock on inflation, which is bound to be transferred to interest rates. In the context of high inflation, the interest rates will continue to grow. In general, an interest rate must contain the anticipated rate of inflation. Otherwise, economic imbalance is created. Similarly, we had to have in mind that a loan taken but somebody is the asset of somebody else. Asset on which they expect a return above inflation’, said Adrian Codirlasu. The three-month ROBOR index, on the basis of which the cost of consumer loans in lei with variable interest rates is calculated, fell on Wednesday to 6.50% p.a. from 6.51% p.a. in the previous session, reaching the monetary policy interest rate, according to data published by the National Bank of Romania (NBR). As for the reference index for consumer credit (IRCC), regulated by GEO 19/2019, it is 6.06% per annum, calculated as the arithmetic average of daily interest rates on interbank transactions in the second quarter of 2025, the highest level recorded so far by the latter.
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 […]
