Finance - Business Review


Romania’s economic growth

Romania’s economic growth accelerates to 8.8 pct in Q3, says INS

Finance November 14, 2017 11:32 0 comments

Romania’s GDP expanded 8.6 percent on gross series in the third quarter of the year compared to the same period of last year, according to a flash estimate by the National Institute of Statistics (INS).…more »

negative inflation

BNR: Romania’s inflation estimate set at 2.7 pct for 2017

Finance November 09, 2017 16:45 0 comments

The governor of the National Bank of Romania (BNR), Mugur Isarescu, says that the central bank has revised upwards Romania’s inflation forecast to 2.7 percent by the end of 2017. For the end of 2018,…more »

SMEs initiative

EC: Romania’s economy to grow by 5.7 pct in 2017 over surging consumption

Finance November 09, 2017 16:29 0 comments

The Romanian economy will grow by 5.7 percent this year, mainly due to the expansion of the private consumption, while the overall economy of the European Union is set to grow by 2.3 percent, according…more »

CNP estimates new economic growth of 6.1 pct for Romania in 2017

Finance November 03, 2017 10:23 0 comments

The National Commission of Prognosis (CNP) estimated a new economic growth of Romania in 2017, of 6.1 percent of GDP compared to the previous estimation of 5.6 percent. According to the commission, Romania’s GDP will…more »

Marius Ghenea (3TS Capital): 2018 will be an even better year for venture capital investments

Finance November 02, 2017 16:37 0 comments BR Exclusive

The climate for venture capital investments in Romania has constantly improved with funding activity set to grow through to 2018, says Marius Ghenea, investment director of 3TS Capital. “2016 was the most important year for…more »

UniCredit Leasing

Toyota Romania signs partnership for financial leasing services with UniCredit Leasing

Auto November 02, 2017 11:43 0 comments

Toyota Romania has signed a partnership for financial leasing services with UniCredit Leasing, under the brand umbrella “Inchcape Finance Romania”, facilitating the access to hybrid cars on the Romanian market. “The partnership with UniCredit Leasing…more »

Valentin Lazea (BNR): In the last 25 years, more than half of the time Romania has carried out important reforms

Finance October 31, 2017 17:28 0 comments BR Exclusive

Valentin Lazea, the chief economist of the National Bank of Romania (BNR), says that in more than half the last 25 years, Romania has carried out important reforms under the strong supervision of international organizations…more »

CFA: Romania’s macroeconomic trust indicator reaches 4-year low

Finance October 27, 2017 11:45 0 comments

Romania’s macroeconomic trust indicator dropped at 45.5 points in September which is the lowest value in the last four years, according to a survey of the association of Chartered Financial Analysts (CFA). “The macroeconomic trust…more »

Coalition for Romania's Development

Romania’s gross minimum wage might reach RON 1,900 in 2018 | Government plans turnover tax for microenterprises

Finance October 27, 2017 10:07 0 comments

The minister of labor, Lia Olguta Vasilescu, has announced that the gross minimum wage in Romania will be hiked from RON 1,450 to RON 1,900 as of January 2018, as the government plans to shift…more »

Resident clients’ deposits gain 0.5 pct in September, says BNR

Finance October 25, 2017 11:43 0 comments

The non-governmental resident clients in Romania increased their bank deposits by 0.5 percent reaching RON 286.385 billion in September 2017. According to the National Romanian Bank (BNR), the amount of household deposits grew by 10.8…more »