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November in numbers

publicat 2024-12-16 00:00:07 (Bursa)
November in numbers * November 1 - The National Bank of Romania announces that, as of October 31, 2024, foreign exchange reserves at the National Bank of Romania stood at 62,841 million euros, COMPARED to 65,778 million euros on September 30, 2024. ...continuare.

Paris Olympics, 'medal' for environmental protection

publicat 2024-12-13 00:00:15 (Bursa)
Paris Olympics, 'medal' for environmental protection The Games have been over for months, but there is still good news coming out of Paris. Greenhouse gas emissions associated with the Paris 2024 Olympic Games have been halved COMPARED to previous editions, despite the higher-than-expected impact of air travel, according to figures released by organizers. ...continuare.

iHunt turns profitable after a loss last year

publicat 2024-11-26 00:00:09 (Bursa)
iHunt turns profitable after a loss last year * The company is focusing on expanding its network of electric vehicle charging stations, according to the issuer and #39;s report Online retailer and manufacturer of mobile phones, gadgets and accessories iHunt Technology (HUNT) achieved a net turnover of 31.1 million lei in the first nine months of the year, 4% above that of the same period last year, while net profit amounted to 0.46 million lei, COMPARED to a loss in the first three quarters of... ...continuare.

Presidential elections in the diaspora: massive mobilization only on the last day of the election

publicat 2024-11-25 00:15:19 (Bursa)
Presidential elections in the diaspora: massive mobilization only on the last day of the election Although the Permanent Electoral Authority (AEP) and the Ministry of Foreign Affairs (MAE) organized an extended three-day voting process for the diaspora, the participation of Romanians abroad at the polls in the first round of the presidential elections left much to be desired COMPARED to the mobilization in 2014 and 2019. ...continuare.

Ukraine and #39;s economy supported by construction, transport and manufacturing

publicat 2024-11-20 00:00:07 (Bursa)
Ukraine and #39;s economy supported by construction, transport and manufacturing Ukraine and #39;s economy grew by 4.2% in the first ten months of 2024 COMPARED to the same period in 2023, thanks to the construction, transport and manufacturing sectors, the country and #39;s Economy Ministry announced, according to kyivindependent.com. ...continuare.

Private planes, in first place in the top polluters per passenger

publicat 2024-11-11 00:00:12 (Bursa)
Private planes, in first place in the top polluters per passenger The amount of CO2 emitted by private planes increased by 46% in 2023 COMPARED to 2019, according to a study published in the journal Communications Earth and Environment, cited by the German publication Zeit. ...continuare.

October in numbers

publicat 2024-11-04 00:30:12 (Bursa)
October in numbers * October 1 - The BNR announces that, on September 30, 2024, the foreign exchange reserves at the National Bank of Romania stood at 65,778 million euros, COMPARED to 63,187 million euros on August 31, 2024. ...continuare.

Romradiatoare Brasov is making a loss, after the first nine months of the year

publicat 2024-11-01 00:00:11 (Bursa)
Romradiatoare Brasov is making a loss, after the first nine months of the year * Mircea Lucescu, the national football coach of our country, owns 16% of the company based in Brasov Romradiatore Brasov (RRD), a company controlled by Transilvania Investments (TRANSI) in which the coach of the Romanian football team, Mircea Lucescu, has a 16.5% stake, reported for the first nine months of the year, total revenues of 20.2 million lei, 12% below those of the same period last year, and a loss of 0.01 million lei, COMPARED to a profit of... ...continuare.

The cost of living scares more than climate change

publicat 2024-10-15 00:00:03 (Bursa)
The cost of living scares more than climate change Daily expenses scare Romanians more than environmental issues. According to a new report entitled 'State of the Climate - Romania 2024', only 4% of Romanians consider climate change to be the most important issue of our time, COMPARED to 62% of respondents who are concerned about the rising cost of living and inflation. ...continuare.

Restart Energy is making losses

publicat 2024-09-25 00:00:03 (Bursa)
Restart Energy is making losses Electricity supplier and builder of photovoltaic power plants Restart Energy One reported, for the first half of the year, a turnover of 36.6 million lei, down 70% COMPARED to the first six months of 2023, as well as a loss of 7.9 million lei, COMPARED to a net profit of 37 million lei, between January and June last year, according to a company report published on the website of the Bucharest Stock Exchange (BVB). ...continuare.

August in numbers

publicat 2024-09-03 00:00:02 (Bursa)
August in numbers * August 1st - The BNR announces that, on July 31, 2024, the foreign exchange reserves at the National Bank of Romania stood at 63,579 million euros, COMPARED to 64,392 million euros on June 30, 2024. The level of the gold reserve remained at 103.6 tons. Under the conditions of international price developments, its value was 7,450 million euros. Romania and #39;s international reserves (currency plus gold) on July 31, 2024 were 71,029 million euros,... ...continuare.

Piperea: 'The law capping interest on IFNs has big differences COMPARED to the original draft'

publicat 2024-08-15 00:00:03 (Bursa)
The law capping interest on loans granted by non-banking financial institutions (IFNs) and debt collectors has, unfortunately, big, essential differences COMPARED to the original draft, lawyer Gheorghe Piperea, current MEP, who wrote the draft normative act assumed in the Parliament by the social-democratic senator Daniel Zamfir. ...continuare.

Reduced youth unemployment

publicat 2024-08-13 00:00:03 (Bursa)
Young people find it a bit easier to find a job COMPARED to the last part of the 20th century and the beginning of the 21st century. ...continuare.

Jully in numbers

publicat 2024-08-12 00:00:03 (Bursa)
* July 1st - The BNR announces that, on June 30, 2024, the foreign exchange reserves at the National Bank of Romania stood at 64,392 million euros, COMPARED to 65,072 million euros on May 31, 2024. ...continuare.

Alro - higher production and sales in the second quarter

publicat 2024-07-22 00:00:03 (Bursa)
* The price of aluminum on the London Metal Exchange increased by 12% between April and June this year, COMPARED to the second quarter of last year ...continuare.

The government increases the budget expenditures, wins the 'composed' elections and donates weapons to Ukraine

publicat 2024-07-18 00:00:02 (Bursa)
The budget deficit continued its decline in the second financial quarter as well, its growth being a little smoother COMPARED to the first three months of 2024. ...continuare.

Radu Hanga, BVB President: 'Half of the increase in market capitalization comes from the listing of Hidroelectrica'

publicat 2024-07-15 00:00:03 (Bursa)
The total capitalization of our capital market had increased by 130 billion lei at the end of the first half of this year, COMPARED to the capitalization at the end of the first half of last year, half of this increase coming from the listing of Hidroelectrica, said Radu Hanga, the President of the Bucharest Stock Exchange (BVB), on the occasion of the event that marked one year since the debut of the energy producer at the BVB. ...continuare.

Reopening of operations in the Port of Odesa, negative impact on rail freight traffic

publicat 2024-07-10 00:00:03 (Bursa)
Rail freight traffic from Ukraine to the Port of Constanta decreased in the first five months of 2024 by 44% COMPARED to last year, clubferoviar.ro says, quoting a representative of a rail freight transport company. ...continuare.

BNR: 'The growth rate of Romania and #39;s economy moderated in 2023, but remained solid from a European perspective'

publicat 2024-06-21 00:00:02 (Bursa)
* 'The substantial disinflation recorded during the past year was supported by the food and energy segments' * 'The credit granted to the private sector has reached a minimum of the last three years' * BNR had a net profit of 2.43 billion lei last year, up 124% COMPARED to the previous year; 80% of the money goes to the state ...continuare.

'The listing of new shares of companies from the state portfolio would increase BVB and #39;s liquidity'

publicat 2024-06-18 00:00:03 (Bursa)
* (Interview with Raluca Capatina-Stoica and Sorin Petre, PwC Romania) * 'Through the capital market, companies usually attract passive investors, while financing through private equity funds attracts active investors' * 'BVB and #39;s position in Central and Eastern Europe is appreciable, considering Romania and #39;s weaker macroeconomic context COMPARED to the other countries in the region' * 'BSE companies have lower financial multipliers ...continuare.

Positive balance for the year 2023 for Kuhn Romania

publicat 2024-06-13 00:00:03 (Bursa)
The financial performance last year looks very good for the Kuhn Romania company, which recorded a turnover in 2023 of 96.1 million euros, i.e. a 75% increase COMPARED to 2022, the year in which the company was established by taking over in February of the Marcom RMC '94 society. ...continuare.

The government increases budget expenditures; tourists can travel to Turkey without a passport

publicat 2024-06-06 00:00:03 (Bursa)
During May, the government continued to make chaotic decisions regarding budget expenditures, although the deficit after the first four months of the current year stood at 3.24% of the Gross Domestic Product, i.e. a minus of 57.29 billion lei recorded in revenues , almost double COMPARED to the same period last year, given that the assumed deficit target for December 31, 2024 by the state budget law is 5%. ...continuare.

May in numbers

publicat 2024-06-06 00:00:03 (Bursa)
* May 2 - The BNR announces that, on April 30, 2024, the foreign exchange reserves at the National Bank of Romania stood at 62,511 million euros, COMPARED to 64,279 million euros on March 31, 2024. ...continuare.

Romanian Creative Week: One million people interacted with the 200 events

publicat 2024-05-29 00:30:03 (Bursa)
Over a million people interacted with the 200 events of the Romanian Creative Week (RCW) 2024, at this year and #39;s edition, held in Iasi. According to the RCW organizers, there were also over 20 million other interactions of the public on the event and #39;s accounts on social networks, being a spectacular increase of approximately 25% COMPARED to the previous edition. ...continuare.

Radu Craciun, APAPR: 'We are condemned to find other channels of financing the economy, apart from the stock market'

publicat 2024-05-20 00:00:04 (Bursa)
* 'I expect that entry into the OECD will stimulate the area of occupational pensions' * 'Private pension funds in Romania have a small share of investments abroad, COMPARED to other pension funds in the OECD' ...continuare.

April in numbers

publicat 2024-05-13 00:00:02 (Bursa)
* April 1st - The BNR announces that, on March 31, 2024, the foreign exchange reserves at the National Bank of Romania stood at 64,279 million euros, COMPARED to 63,128 million euros on February 29, 2024. ...continuare.

The US trade deficit with China - at the lowest level since 2010

publicat 2024-04-29 00:00:02 (Bursa)
The U.S. trade deficit with China narrowed last year to its lowest level since 2010, as imports from the Asian country fell by more than $100 billion COMPARED to the previous year, according to Statista. ...continuare.

AISIF: 'Lion Capital is an extremely undercapitalized company'

publicat 2024-04-18 00:00:03 (Bursa)
* 'The real shareholders of Lion, not those built from buying own shares through interposed funds, are dealing with a 70% discount COMPARED to the net asset', say the members of the Association * Lion Capital and #39;s management claims that Blue Capital and #39;s request regarding the allocation of dividends and buybacks of its own shares would excessively decapitalize the company * 'The net asset praised by Lion and #39;s management does nothing to... ...continuare.

IT and C: The wave of layoffs from the US has not yet reached domestic 'shores'.

publicat 2024-04-18 00:00:03 (Bursa)
The large IT and C companies in the United States of America have laid off tens of thousands of employees in the last 18 months, and the experience of previous crises shows that movements in the global market are felt in Romania with a difference of between six and nine months COMPARED to the moment of their onset over Ocean. ...continuare.

Gabriela Folcut, Executive Director of ARB: 'Only 28% of Romanians have basic digital skills, COMPARED to a European average of 54%'

publicat 2024-04-12 00:00:04 (Bursa)
* 'Digitalization has led to an intensification of payments made through electronic channels' ...continuare.



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