BANKS
Romania’s finance ministry on Monday (Oct 24) reopened a bond issue due in September 2032 and borrowed RON428.5 million from banks, at an annual average yield of 9.7%, Ziarul Finaciar reported.
COMPANIES
-Romanian freight haulers say they lose between 18 and 22% of their turnover due to blockages at the border with Hungary, because Romania is not in Schengen Area, Agerpres reported.
-The total number of electric vehicles registered in Romania has exceeded 21,000 units and is expected to reach 25,000 units by the end of this year, according to the e-mobility index for the first nine months of 2022 by LEKTRI.CO.
REAL ESTATE
Romania’s office market is going through a period of multiple challenges, reflecting economic uncertainty and inflationary pressures which discourage companies from expanding, according to JLL Romania.