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0.6pc annual inflation rate in May


The annual inflation rate in May was of 0.6%, with price increases for the foodstuff by 2.3% and non-food goods of 0.23%, but also with price decreases for services by 1.26%, the National Statistics Institute (INS) reports. “Consumer goods prices ...

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Bucharest City Hall wants to buy Electrocentrale Bucuresti


Government spokesperson Alina Petrescu announced on Friday that following a meeting held by Energy Minister Toma Petcu with the mayor of Bucharest, Gabriela Firea, it has been set that the shares of Electrocentrale Bucuresti (ELCEN), the largest producer of heat ...

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Sands of Therme, the largest urban beach in Europe, is opening near Bucharest

sands of therme

Therme Bucharest wellness center, Europe’s largest thermal complex opened in 2016, is launching the largest urban beach in the region – Sands of Therme, Wund Group, the owner of the project announced. The total investment of the project amounts to ...

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Romanian Post recorded a net profit of RON 10.45 M last year

romanian post

National Company ‘Romanian Post’ (CNPR) reported a net profit of RON 10.45 million, compared to a compared to a net loss of about RON 33 million, recorded at December 31, 2015, according to the financial results, published by the Ministry ...

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Romania’s commercial deficit –EUR 1 billion in April

commercial deficit

Romania’s exports were up by 1.5% in April, while imports advanced by 5%, encouraged by the consumption rise. Therefore, the commercial deficit climbed by 24.4% to EUR 1.05 billion, according to the National Institute of Statistics’ press release on Friday. ...

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