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%.
Gold has been one of the most sought-after assets for centuries, and in the modern era, it has become a highly popular component of investment portfolios. A preferred asset for protection against economic risks, gold has delivered attractive long-term returns, increasing by approximately 8% per year over the past two decades. Since the end of […]
JTI Romania is the Top Employer for the 12th year in a row, being ranked third amongst 44 companies locally awarded, after an assessment conducted by the Top Employers Institute. The company was rated for about 20 criteria such as leadership, talent acquisition, on-boarding, digital HR, work environment, career development, learning, ethics & integrity, diversity, […]
Romanian defense minister Angel Tîlvăr stated that the contract for the Patriot system, which will replace the one ceded by Romania to Ukraine, is expected to be signed in February. The minister commended the decision of the United State government to approve the delivery of three Patriot systems to Romania. Raytheon stated it will collaborate […]
Romanian companies are entering 2025 with cautious optimism, focusing on managing risks and controlling costs, according to the Deloitte 2025 Romania CFO Survey conducted at the end of last year among approximately 130 Chief Financial Officers (CFOs). Most of the Romanian CFOs predict an increase in revenues for this year (58%), but their share has […]
Several employees of the Romanian Senate began protesting and booing while the president of the upper Chamber was announcing that staff restructuring would be implemented to reduce public spending. Ilie Bolojan, president of the National Liberal Party and head of the Senate, announced a reduction in the organizational chart from 796 positions to 618 positions. […]
The members of the Romanian angel investor network TechAngels put EUR 2.757 million in direct investments in tech startups in the second half of 2024, almost triple the amount invested in the year's first half. The investments for the entire 2024 rose to EUR 3.777 million, a 25% year-on-year increase. The rounds backed by TechAngels […]
