growth

The Governor of the National Bank of Romania: inflation in 2022 will be approximately 13.9%, and in 2023, 7.5%. Economic growth will be 2-3%

By rbj The National Bank of Romania (BNR) increased the inflation forecast for the end of this year to 13.9% and estimates inflation of 7.5% for the end of next year, according to the data presented on Tuesday by the...

Romania, in the platoon of EU countries with strong GDP growth in Q1 2022 / Q1 2021

By rbj Eurostat today released estimates of GDP growth for both the previous quarter and the same quarter in 2021. The largest growth is in Portugal and Ireland. In most Central and Eastern European countries, growth is strong, with the...

Romania’s GDP growth in the EU’s leading platoon in Q1 2022. Forecasts are contradicted by reality

By Jerom Bolt The signal estimates published today by Eurostat announce a different reality than the estimates of the IMF, the World Bank or the European Commission. In the first quarter of August 2022, the economies of most EU countries...

Pessimistic estimate for the Romanian economy: growth of 2.9% in 2022, unemployment of 5.4%

By Andra Beltz The National Strategy and Forecast Commission (CNSP) revised down by 1.4 percentage points, to 2.9% the growth estimate of the Romanian economy for this year, from 4.3% as previously forecast. In the spring version of the Medium Term...

S&P reconfirms Romania’s BBB-/A-3 rating. The agency reduced the growth forecast for 2022 to 2.1%, and for 2023 to 4.5%

By Jerom Bolt Standard & Poor's has reconfirmed Romania's sovereign debt rating at BBB- / A-3 for long-term and short-term local and foreign currency debt, as well as a stable outlook, the finance ministry said in a statement. According to S&P,...

The National Forecast Commission revises down GDP growth from 4.6% to 4.3% in 2022. The inflation rate at the end of 2022 estimated at...

By Andra Beltz The National Commission for Strategy and Forecast (CNSP) revised down the economic growth forecast for this year to 4.3%, compared to 4.6% than previously estimated, given the inflationary shock of the last quarter of last year and...

Romania’s GDP reached 240 billion euros in 2021, up 7% from the previous year

By rbj Romania's Gross Domestic Product increased in 2021 by 17 billion euros compared to 2019 and reached almost 1,190 billion lei, a historical record, according to the Minister of Entrepreneurship and Tourism, Constantin-Daniel Cadariu. "Romania reaches at the end of...

Romania, in the platoon of the 5 most dynamic economies in the EU in the Q 3

By Edig Ban Romania was among the states of the European Union with strong economic growth in the third quarter of 2019, compared to other EU countries, the estimate published by the European Statistical Office (Eurostat) shows on Thursday. The European...

4.8%: Romania’s economy in the lead platoon of GDP growth in the first half of 2019

By Edwig Ban With all the aversion that some economists and journalists show towards Romania, the country's economic growth is one of the strongest in the EU. It is worth noting that the dynamics of Romania's GDP is based not only...

Romania’s GDP grows by 34% in 2019 compared to 2016

By Andra Beltz Romania's economic growth will be more than 5% next year, because there is great potential. The government will promote many measures on the economic area and the tax evasion to support the economy, Minister of Public Finance...
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ROCA Industry announces that its subsidiary Bico Industries will take over the majority stake in the Lithuanian company SmartTech AG

By rbj ROCA Industry, the holding company that brings together the construction materials companies in the ROCA Investments portfolio, announces...
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Hungarians fear inflation, but also global recession. The opinion of the Central Bank of Budapest. Viktor Orban’s government expects inflation of 20% in 2022

By rbj Inflation could accelerate to around 20 percent in the coming months, said Barnabás Virág, vice president of Bank Magyar Nemzeti. According to the...

The annual inflation rate stagnates. Will the Central Bank succeed in reaching the target for 2022? The BNR missed the inflation target in the...

By rbj The annual inflation rate in July 2022 compared to July 2021 is 15%, slightly decreasing from 15.1%, and compared to December 2021 it...

Topoloveni plum magic, wins another market in Asia, that of Vietnam, through the Discover European Treasures European program

By rbj "Sonimpex Topoloveni continues its presence at international fairs where it promotes the Romanian gastronomic tradition through the "Topoloveni Magiun din prune" Brand. The...

Techcelerator organizes the first SEE Tech Mission at the Web Summit 2022

By rbj Techcelerator, the most active accelerator in Romania for technology start-ups, organizes the first SEE Tech Mission, a group that will gather regional start-ups...