Romanian currency gains ground against euro, US dollar
The Romanian leu was up on Monday against the main foreign currencies, starting to recover some of the losses recorded in the past week over political uncertainties.
The Romanian leu was up on Monday against the main foreign currencies, starting to recover some of the losses recorded in the past week over political uncertainties.
Gold continues to be a key safe-haven asset resulting in sustained upward pressure on prices.
A €3 million investment in consultancy, production hall upgrade, high-performance equipment, and working capital positions Rafinor as a national leader in the field.
In the last two decades, the price of gold has risen by over 800%, and from the start of this years, it has continued to climb constantly.
The study reveals that 83% of Romanians have a plan for their upcoming vacation season. Only 6% do not intend to go on holiday, while 12% have yet to finalize their arrangements.
Travel tech company FlixBus is adding new international coach connections from Romania to Greece and bolstering existing routes to Bulgaria.
EDP, through its subsidiary EDP Renewables, has opened its largest solar park in Romania, located in Albina, taking its total solar and wind capacities in the country to 570 MW.
The German tech company cbs purchased the SAP division of Romanian company SkyConsult, marking its entry into the local market.
Romania's annual inflation rate climbed unexpectedly to 5.5% in May, up from 4.9% in April, driven primarily by increases in food and services prices.