ECONOMY
-Romania’s seasonally adjusted unemployment edged up to 5.2% in September 2022 from 5.1% the previous month, but the youth jobless rate stays significantly high, at 22.8% according to the National Institute of Statistics (INS).
-Industrial producer prices (domestic market and foreign market) decreased by 1% in September 2022 compared to the previous month, while surging 46.7% higher y-o-y, according to INS.
-New car registrations in Romania stood at 105,817 units in the first ten months of 2022, up 8.19% y-o-y, data from the association of automotive manufacturers in Romania (ACAROM) and of Romania’s General Directorate for Driving Licenses and Car Registration (DRPCIV) showed.
ENERGY
-Bucharest-headquartered OMV Petrom, the largest integrated energy company in Southern and Eastern Europe, posted RON2.9 billion operating result on the gas and energy segment in the first nine months of 2022, almost 7 times higher than in the same period a year ago. The company also announced the completion of the share capital increase operation, with the new level of RON6.23 billion, being registered with the National Trade Register Office.
-Gas production in Romania reached 6.7 billion cubic meters in January-September 2022, up slightly from 6.6 billion cubic meters in the same period a year ago, data provided by the national natural gas transmission company Transgaz showed.
-Bucharest-listed Transelectrica has planned investments of 7,1 billion lei by 2031, according to a the regulatory Committee of the national Energy regulatory Authority (ANRE).
COMPANIES
-Romania represents the second market as value for collaborations at European level after France, with contracts of over two billion euro signed with constructions companies from Italy, according to the representatives of the Italian Association of Constructions Companies (ANCE).
-The Romanian mergers and acquisitions (M&A) market recorded 169 transactions in January-September 2022, up 18% y-o-y, according to an analysis by EY.
BANKING
-Raiffeisen Bank, the local subsidiary of the Austrian lender, for the first nine months of 2022 reported RON920 million net profit, up 43% y-o-y. The bank listed on Wednesday (Nov 2) its second issue of sustainable bonds worth RON325.5 million, on the Bucharest Stock Exchange.
