Category: Uncategorized
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Romania’s CA balance widens in Q3, despite slight improvement of trade in goods
Romania’s current account (CA) deficit widened by 7.5% y/y to EUR 8.8 billion in Q3, despite a slight improvement in the balance of trade in goods (the country’s main source of external deficit), according to data published by the National Bank (BNR). The deficit of the trade in goods contracted by 7.8% y/y (by EUR…
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Romanian central bank’s governor sees 1% or higher economic growth this year
National Bank of Romania (BNR) governor Mugur Isărescu, on November 14, while unveiling the Inflation Report, argued that the Romanian economy will most likely not record two consecutive quarters of negative growth, which would mean entering a recession, but even in such a scenario, the evolution for the entire year will be positive, of approximately…
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Analysts welcome Romania’s GDP growth in Q3, but remain divided over full-year result
While the analysts were pleasantly surprised by the Q3 GDP reading published by the statistics office INS on November 14 (flash estimate), the statistics office’s confusing format of the GDP data release and lack of economic interpretation, along with the strictly accounting data, led to diverging interpretations and subsequently very diverse projections for the full-year…
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Romania loses 1–3 to Bosnia and Herzegovina, World Cup path shifts to playoffs
Romania lost 1-3 to Bosnia and Herzegovina in Zenica on Saturday, November 15, a result that ends its chances of finishing second in its 2026 World Cup qualifying group and pushes the national team toward the playoff route. Daniel Bîrligea opened the scoring shortly before halftime, but Bosnia and Herzegovina equalized early in the second…
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Return & Recycle Insights – 2 Years of DRS in Romania
The ECOTECA Association, in partnership with the Ministry of Environment, Waters and Forests, is organizing the conference “Return & Recycle Insights – 2 Years of DRS in Romania”, which will take place on 26 November 2025, between 09:00 – 13:00, at the Bucharest University of Economic Studies (ASE). The event will bring together representatives…
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Veranda Mall celebrates 9 years of growth and community with a vibrant winter season: new shopping options and a packed events program to bring the locals together
Nine years after opening its doors, Veranda Mall enters its most exciting chapter yet. What began as a project to breathe new life into the Obor neighborhood has evolved into one of Bucharest’s most beloved destinations for shopping, leisure, and connection. As it marks this anniversary, Veranda unveils a winter events lineup rich in culture,…
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BVB-listed winemaker Purcari reports higher revenues but lower net profit in first 9 months of 2025
Purcari Wineries (BVB: WINE), CEE’s leading wine producer, announced its financial results for the first nine months of 2025 on Friday, November 14. The company saw a decline of 1.46% in pretax EBITDA earnings from the similar period last year. Specifically, earnings decreased to RON 84.66 million from RON 85.92 million last year. Meanwhile, group…
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Romanian National Bank revises end-2025 inflation forecast upwards to 9.6%
The National Bank of Romania (BNR) revised its inflation forecast upward, from 8.8% to 9.6%, for the end of 2025. The institution anticipates that inflation will reach 3.7% at the end of 2026, compared to 3% in the previous forecast, according to data presented on Friday, November 14, by governor Mugur Isărescu. Compared to the…
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Romanian energy system operator Transelectrica reports 56% decrease in profit in January-September
The state-owned company Transelectrica (BVB: TEL), the operator of the Romanian national energy system, recorded a net profit of RON 183 million in the first nine months of the year, down 56% compared to the same period last year. Operating revenues fell by 2%, to RON 1.716 billion, mainly due to the decrease in revenues…
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Romanian medical network MedLife reports increased turnover under pressure from exchange rate
The private medical services operator MedLife (BVB: M) increased its turnover by 19.5% in the first nine months of the year, to RON 2.36 billion (EUR 464 million). However, the company reported a financial loss of RON 6.3 million (EUR 1.2 million) as a result of the rise in the exchange rate. The company turnover…