10.05.2022

Romania's central bank has decided at its board meeting on Wednesday (October 5) to raise its benchmark interest rate by 0.75% percentage points to 6.25% a year from the current rate of 5.5% a year, more

09.30.2022

Romania’s unemployment rate stood at 5.1% in August 2022, lower by 0.1 percentage points than 5.2% in July 2022, data from the country’s statistics institute INS shows on Friday (Sept 30). more

09.29.2022

The US dollar has depreciated slightly against the Romanian currency on Thursday (Sept 29), for the first time in the last week, as the central bank’s average reference rate stood at 5.1027 lei to more

09.26.2022

The US dollar hit a new record high against the Romanian currency on Monday (Sept 26), as the central bank’s average reference rate stood at 5.1135 lei to the dollar. more

09.20.2022

Capital city of Bucharest registered 13,270 jobless people (of whom 6,926 women) at the end of August 2022, taking the unemployment rate to 1.08%, data from the Bucharest Municipal Employment Agency more

09.16.2022

Romania’s unemployment rate stood at 5.3% in the second quarter of 2022, down 0.7% from 1Q/2022, in line with data from the country’s statistics board INS. more

09.07.2022

The Marmorosch Bucharest, Autograph Collection Hotel included in the portfolio of Lithuania’s Apex Alliance Group, recorded an average occupancy rate of over 50% in its first year of activity, as more

08.18.2022

The Romanian leu has further gained ground against the euro by midday Thursday (August 18) and the central bank set the leu’s reference rate versus the euro at 4.8793. more

08.12.2022

Romania’s three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, has dropped further 7.98% on Friday more

08.09.2022

Banks have crossed the line and taken the ROBOR index way above the central bank’s policy interest rate, Romania’s central bank governor Mugur Isarescu said Tuesday at a press briefing on the more

08.09.2022

Romania’s central bank forecasts an annual inflation rate of 13.9% in December 2022, of 7.5% in December 2023 and of 2.3% in June 2024, in line with the quarterly inflation report presented by more

08.05.2022

Romania’s annual inflation rate is expected to post minor fluctuations in the third quarter of 2022, then enter a gradual downward path for three quarters and fall slightly below the mid-point of more

08.05.2022

Romania's central bank has decided at its board meeting on Friday (August 5) to raise its benchmark interest rate to 5.50% a year from the current rate of 4.75% a year, starting August 8, 2022. more

08.03.2022

Lithuania’s Apex Alliance group, controlled by several Lithuanian entrepreneurs, which owns five hotels in Romania, operated with an average 80% occupancy rate in the first half of this year, more

08.01.2022

Romania’s unemployment rate stood at 5.3% in June 2022, lower by 0.1 percentage points than 5.4% in May 2022, data from the country’s statistics institute INS shows on Thursday (June 30). more

07.12.2022

Romania's annual inflation rate accelerated to 15.1% in June 2022 compared to June 2021, data from the country's statistics board INS showed Tuesday (July 12). more

07.07.2022

Romania’s three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, has increased to 6.76% a year on more

07.06.2022

Romania's central bank on Wednesday (June 6) raised its benchmark interest rate to 4.75% a year from the current rate of 3.75% a year, starting July 7, 2022. more

07.04.2022

Five-star hotel Vega of Mamaia seaside resort, controlled by businessman Gabriel Comanescu, ended last year with turnover worth RON17.4 million (EUR3.6 million), up 9.4% year-on-year. more

06.30.2022

Romania’s unemployment rate stood at 5.4% in May 2022, lower by 0.1 percentage points than 5.5% in April 2022, data from the country’s statistics institute INS shows on Thursday (June 30). more

06.23.2022

Four-star Nyota Hotel & Conference Center of Mamaia, with a capacity of 73 accommodation places, has budgeted 10% higher turnover for this year. more

06.21.2022

The 4-star Iaki hotel in Romania’s seaside resort Mamaia, owned by former soccer international Gheorghe Hagi, posted RON17.2 million turnover last year, up 31% from 2020. more

06.10.2022

Romania's annual inflation rate surged to 14.5% in May 2022 compared to May 2021, data from the country's statistics board INS showed Friday (June 10). more

05.31.2022

Romania’s unemployment rate stood at 5.5% in April 2022, lower by 0.1 percentage points than 5.6% in March 2022, data from the country’s statistics institute INS shows on Tuesday (May 31). more

05.27.2022

Capital city of Bucharest registered 13,537 jobless people (of whom 7,163 women) at the end of April 2022, taking the unemployment rate to 1.10%, data from the Bucharest Municipal Employment Agency more