The gram of gold rose on Monday by 6.2546 lei (1.45%) to 437.1590 lei, from 430.9044 lei, as announced on Friday by the National Bank of Romania (NBR), reaching a record high. The national currency appreciated on Monday by comparison to the euro which was calculated by the National Bank of Romania (BNR) at 4.9766 lei, dropping by 0.01 bani against the previous quotation, of 4.9767 lei.On the other hand, the leu lost ground to the American dollar, which was quoted at 4.8595 lei, up by 6.36 bani (+1.33%) compared to Friday, when it was 4.7959 lei.The national currency depreciated against the Swiss Franc, calculated by BNR at 5.2985 lei, up by 3.47 bani (0.65%) against 5.2638 lei, the previous quotation.
The Romanian tourist sector saw an increase in arrivals in 2024, with a total of 14.26 million people registered in accommodation structures, including apartments and rental rooms. This represents a 4.5% increase compared to 2023, according to data released by the National Institute of Statistics (INS) on Wednesday, February 5. Most of the arrivals, namely […]
The budget execution for foreign trips in 2024 amounted to over RON 28.49 million (some EUR 5.7 million), while the allocation for 2025 is set at RON 17.27 million (EUR 3.4 million), according to an announcement made by the Presidential Administration during parliamentary debates on the 2025 state budget proposal. Regarding the classified status of […]
When investors analyze opportunities in the real estate sector, it is essential to carefully assess the risks to avoid complicated situations in the long term. Recent issues in real estate have demonstrated how important it is to avoid legal, financial, and operational pitfalls that can turn an apparently safe investment into a major challenge. In […]
The public pension budget in Romania will increase by 10.7% y/y to RON 150.8 billion (EUR 30 billion) in 2025, accounting for 7.9% of the projected GDP, according to the budget planning quoted by the National House of Public Pensions (CNPP), Daniel Baciu, during the debates on the social insurance budget draft in the joint […]
The French service for vigilance and protection against foreign digital interference VIGINUM published a study on February 4 on how the TikTok algorithm was manipulated in the Romanian presidential campaign in favor of Călin Georgescu, Hotnews.ro...
Investment fund Integral Capital Group has acquired a majority stake in the fertility and gynecology clinic Embryos, which specializes in assisted reproductive technology. The stake was purchased from the clinic's three founders. The transaction was advised by law firm RTPR, which has an active mergers and acquisitions (M&A) practice. The RTPR team was led by […]
