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%.
EVERGENT Investments, an investment company listed under the ticker EVER, reports a net result of RON 273.81 million, 2.8 times higher than the budgeted level for the entire year of 2024. The net result is the company’s main financial performance indicator, comprised of RON 144.02 million in net profit and RON 129.79 million in net […]
One United Properties (BVB: ONE), the leading green investor and developer of residential, mixed-use, and office real estate...
La French Tech Bucharest announces the third edition of its highly-anticipated flagship event, Inspiring Women in Business, set to take place on November 21st, 2024, at the Romanian - American University (Expoziției Boulevard, Number 1B, Bucharest), starting at 18:30. This prestigious event will spotlight influential women who are leading businesses through transformative times, showcasing their achievements, […]
Eltra Logis, one of the main players in the niche logistics, transport, and storage market, is strengthening its position in the pharmaceutical industry, which now generates 40% of the company's turnover. This consideration comes based on the significant consumption of medicines in Romania and the development of local production capacities in the pharmaceutical sector. The […]
The Nexus Gaming team, which represented Romania at the IESF World Esports Championship, defeated Portugal’s team in the final to become world Counter Strike 2 champions. The Romanian team is composed of experienced players Ciocardau, Xellow, BTN, Ragga, and Adron. During the IESF WEC24 championship, they defeated some of the strongest teams, many of which […]
Well-known American actor John Malkovich, who was on stage last week at the National Theatre in Timișoara, visited the city’s first official souvenir shop on Friday, November 15. The visit was announced by Timișoara mayor Dominic Fritz. "Even Hollywood has come to the new souvenir shop. We’re delighted that John Malkovich found high-quality mementos from […]
