Oana Tilica

Liquidity, measured in terms of the average daily trading value, increased by over 42% at the cumulative level of all types of financial instruments and exceeded RON 62 million (EUR 12.86 million) for the first 11 months of the year, according to a report of the Bucharest Stock Exchange (BVB) released on Wednesday.

The Gross Domestic Product (PIB) decreased in the first nine months of the current year, compared to the similar period of 2019, by 5.1 per cent, gross series, and by 4.6 per cent, series adjusted depending on the business days and seasonality, with a negative a contribution from the entertainment, cultural and recreational activities industries, according to the provisional data published by t

OLX Group announces the acquisition of Kiwi Finance, after the transaction received the approval of the Competition Council, the largest loan broker in Romania thus entering the Group's local portfolio, to which OLX, Storia.ro and Autovit.ro already belong.

Developing local investor community so as to have a much higher participation of the Romanian population in the capital market is the top priority for the Bucharest Stock Exchange (BVB), CEO Adrian Tanase affirmed. "It is very important to have a dialogue with companies and familiarize them with the mechanisms of the capital market so that entrepreneurs fully understand its advantages.

Phase I of the BRUA project has been completed, both the pipeline and the compression stations, which will lead to the diversification of Romania's gas supply sources, Dan Dragan, Secretary of State in the Ministry of Economy, Energy and Business Environment, told Monday's online event "The Romanian International Gas Conference." "The BRUA phase I project is completed, both the pipeline and the

A committee made up of governmental officials, representatives of retailers and large commercial centers will draft a legislative initiative to regulate the existing situation between the owners and tenants of malls, generated by the measures taken by the authorities to limit the spreading of SARS-CoV-2 pandemic, the Economy, Energy and Environment Ministry (MEEMA) informs.

In April 2020 against the corresponding month of the previous year, industrial production fell by 38.4% as gross series and dropped 38.6% as series adjusted by number of working days and seasonality, according to the data published by the National Institute of Statistic (INS) on Friday.

The National Meteorological Administration (ANM) issued, on Wednesday, a new Code Yellow alert of atmospheric instability, valid until Thursday morning in 32 counties, a bad weather alert, respectively, targeting most regions until Friday evening.

The National Weather Administration (ANM) issued on Tuesday a Code Yellow advisory for storms, hail and rain falls in 27 counties, valid until Wednesday morning The counties targeted by the Code Yellow advisory are the following: Alba, Arges, Arad, Bacau, Bihor, Bistrita-Nasaud, Brasov, Buzau, Cluj, Caras-Severin, Covasna, Dambovita, Gorj, Hunedoara, Harghita, Mehedinti, Maramures, Mures, Neamt

The annual growth of Romania's economy in the first quarter of 2020 - 2.4% unadjusted and 2.7% when seasonally adjusted series, was mainly due to the household final consumption expenditure, which volume increased by 3.8%, contributing 2.5% to GDP growth, according to provisional data with the National Institute of Statistics (INS) released on Tuesday.