Romanian Market News

Romanian Market News In Brief – 27/10/2022

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BANKING

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, on Thursday, stood unchanged from Wednesday at 8.21%.

INVESTMENTS

Foreign direct investments will find a more favorable environment in the period before joining the Organization for Economic Cooperation and Development (OECD), the secretary of state in the Ministry of Foreign Affairs (MAE) Luca Niculescu told the Foreign Investors Summit on Wednesday (Oct. 26).

REAL ESTATE

During the first three quarters of 2022, a total of 868,000 sqm of industrial and logistics spaces were leased in Romania, almost twice as much as compared to the same period last year, according to CBRE.

COMPANIES

-Plastic processor Romcarbon is ringing the Bucharest Stock Exchange bell on Thursday (Oct. 27)to celebrate 70 years since its establishment.

-Fluor Corporation (US), Sargent & Lundy (US), SNC Lavalin (Canada) and Framatome (France) are interested to cooperate with Romania’s Nuclearelectrica in civil nuclear area, Minister of Energy Virgil Popescu announced on his Facebook page.