BUSINESS

ALDE senator Daniel Zamfir has announced he would call the central bank governor, Mugur Isarescu, for hearings in the Economy committee of the Senate on January 29. President of the Competition Council, Bogdan Chiritoiu, will be also summoned to explain ...

Sergiu Manea, CEO of Banca Comerciala Romana (BCR), has said on Friday that the bank is considering the postponement of investment plans as a result of the introduction of the new tax for banks. “All the investment plans we have ...

Last year, the Ford production in Craiova reached a record high, nine years after the first model was manufactured by the American company in this plant. Ford has about 4,600 employees in Craiova and the number will increase by 1,700 ...

The national currency continues to reach new record lows against the national currency and is closer to the RON 4.7 threshold. After 4 consecutive declines, the RON ends the week rated by the BNR at 4.6975 units for EUR. The ...

The 3-month ROBOR Index, according to which the cost of variable-yield loans in RON is calculated, has increased on Friday to 2.93%, up from 2.90% in the previous session, according to the figures released by the National Bank of Romania ...

Dacia has recorded the best performance in its history in 2018, with sales of 700,798 cars on the domestic and international markets, up by 7% against the previous year, a release from the company informs on Friday. “The Romanian brand ...

The first group of the Rovinari thermal power plant has already been closed during the night of Wednesday to Thursday. The rest of the groups were to be closed Thursday morning. Against the backdrop of energy shortages, Romania massively imported ...

Wizz Air has announced on Thursday a further expansion to its Timisoara network, allocating an additional Airbus A320 aircraft and adding 4 new routes from its Timisoara base, as well as increasing the frequencies of some of the most popular ...

The national currency has depreciated on Thursday by 0.6 bani (+0.13%) against the European currency, reaching another historical low, the exchange rate set by the National Bank of Romania (BNR) being RON 4.6890/EUR, down against Wednesday (RON 4.6830). The national ...

The euro area annual inflation rate was 1.6% in December 2018, down from 1.9% in November. A year earlier, the rate was 1.4%. European Union annual inflation was 1.7% in December 2018, down from 2.0% in November. A year earlier, ...