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ING Bank Romania Net Profit Rises 109% to RON1B in 2021
Banks-Insurance

ING Bank Romania Net Profit Rises 109% to RON1B in 2021

ING Bank Romania made net profit of RON1.03 billion in 2021, up 109% compared with 2020, while total revenue rose to RON2.35 billion, up 11%.

Loredana Frățilă-Cristescu · 22.03.2022 · 14:15 · 1 min
Romanians Spent RON21B on Medicines in 2021
Health

Romanians Spent RON21B on Medicines in 2021

The pharmaceutical market in Romania generated sales of over RON21 billion in 2021, up 17% from the previous year, according to data provided by market research company Cegedim.

Loredana Frățilă-Cristescu · 03.02.2022 · 00:00 · 1 min
Old Three Apartment Prices in Bucharest Rise to Highest Level since H1, 2009 in December
Real Estate

Old Three Apartment Prices in Bucharest Rise to Highest Level since H1, 2009 in December

December brought an acceleration in the average price increase of old three-room apartments in Bucharest, so that the amount paid by buyers climbed to EUR103,900, a decade high, unparalleled...

Loredana Frățilă-Cristescu · 06.01.2022 · 21:10 · 1 min
Three-Month ROBOR Starts 2022 Higher
Banks-Insurance

Three-Month ROBOR Starts 2022 Higher

Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, increased by to 3.02% on Monday...

Loredana Frățilă-Cristescu · 03.01.2022 · 12:18 · 1 min
Henri Coanda Airport Sees 54% Rise in Passenger Number in 2021
Companies

Henri Coanda Airport Sees 54% Rise in Passenger Number in 2021

Henri Coanda (Otopeni) Airport, the country's largest airport, served almost 6.8 million passengers this year, 54% more than the 4.4 million passengers of last year, according to the data th...

Loredana Frățilă-Cristescu · 30.12.2021 · 00:00 · 2 min
Price of Old Three-Room Apartments in Bucharest Up 4.2% in October
Real Estate

Price of Old Three-Room Apartments in Bucharest Up 4.2% in October

October came with a fast-paced increase in the average price of old three-room apartments in Bucharest to more than EUR105,200, a decade high that has not been reached since the first half o...

Loredana Frățilă-Cristescu · 03.11.2021 · 08:00 · 1 min
Romania’s Current Account Deficit Up 55% in January-August 2021
Macroeconomics

Romania’s Current Account Deficit Up 55% in January-August 2021

Romania’s current account balance ended January-August 2021 with an EUR10.1 billion deficit, 55% higher than the EUR6.5 billion in January-August 2020, Romania’s central bank data show.

Loredana Frățilă-Cristescu · 14.10.2021 · 13:43 · 1 min
Romania’s Total External Debt Up EUR8.4B to EUR135B in January-August
Macroeconomics

Romania’s Total External Debt Up EUR8.4B to EUR135B in January-August

Romania’s total external debt increased by EUR8.4 billion to EUR135.2 billion in January-August 2021, of which direct public debt accounted for EUR60.7 billion, EUR3.46 billion more than at...

Loredana Frățilă-Cristescu · 14.10.2021 · 13:06 · 1 min
Three-Month ROBOR Rises to 2.15% a Year on October 14
Banks-Insurance

Three-Month ROBOR Rises to 2.15% a Year on October 14

Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, continued its upward trend on T...

Loredana Frățilă-Cristescu · 14.10.2021 · 12:29 · 1 min