The economic growth of Romania estimated for this year is situated between 2% and 2.5% against 4% three weeks ago, before the beginning of the conflict in Ukraine,stated Mihai Purcarea, member of the CFA Society Romania board, in a speciality event which presented a CFA Romania survey.According to the survey, 23% of the interviewees expect an economic growth between 2.5% and 3% and 22% under 2%. 13% of the participants to the survey expect a growth of over 4%.Asked about the expectations regarding the average inflation of this year, 31% of the participants expect inflation of over 10%, 27% an inflation covered between 9 and 10%, and 24% an average inflation of 8-9%.When referring to the exchange rate, most participants to the survey (38%) estimated an exchange rate of 5-5.05 lei/euro on 31st December 2022, and 24% an exchange rate of 4.95-5 lei/euro.The ROBOR/three months is expected to be between 4% and 5% on 31st December 2022 by 40% of the interviewees, between 5% and 6% by 31% interviewees and between 3% and 4% by 19% of the interviewees to the survey.Similarly, the interests to the state bonds with maturity for 5 years are estimated at 5% - 6% on 31st December 2022 by 41% of the participants. 22% of the participants to the survey estimate values covered between 4% and 5% and also 22% values covered between 6% and 7%.Almost half of the participants to the survey (46%) expect that BET-XT of the most liquid 25 bonds on the stock market to increase this year by 0%-10% and 30% estimate a drop between 0% and 10%.
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 […]
