Razvan Timpescu is a journalist at SeeNews. He focuses on topics related to Romania, particularly in the areas of markets and inflation. His insights and analyses have made significant contributions to the discourse on these important economic issues.
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Romania (National)
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Razvan Timpescu's coverage predominantly focuses on finance, economy, and business in Romania and Moldova. His articles often cite data or relay information from press releases and private sector announcements.
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On a monthly comparison basis, the real net wage decreased by 0.5% in February, INS said in a data release.
Romania's energy resources, including imports, totalled 5.201 million TOE in the first two months of the year, up by 1.5% on the year, the statistical office said in a statement.
Romanian software developer Life is Hard [BSE:LIH] said on Wednesday that its subsidiary LIH Ventures is acquiring a 10% stake in local emergency assistance services company Pointer Systems for 200,0
Romania’s central bank said that M3, the broadest gauge of money supply, grew by a nominal 10.8% year-on-year to 680.1 billion lei ($146 billion/136.6 billion euro) in March, after increasing by an a
Romanian banks’ outstanding loans to the non-government sector grew 4.7% year-on-year in March, to 387.9 billion lei ($83.3 billion/77.9 billion euro), after a 4.9% annual rise in February, the centr
The deposits of the non-governmental sector in Romanian banks grew 11.4% year-on-year to 584.4 billion lei ($125.5 billion/117.4 billion euro) in March, following an annual increase of 11.6% in Febru
The rise in profit was driven by an improved operating result, helped by improving customer business, BCR said.
Raiffeisen Bank Romania's operating income reached 196 million euro during the year's first quarter, up 5.5% on the year, RBI said in an interim financial report.
The foreign exchange reserves held by Romania's central bank, excluding gold, totalled 62.511 billion euro ($66.91 billion) at the end of April, compared with 64.279 billion euro a month earlier, the
The project's total value amounted to 2.43 million euro ($2.62 million) with 1.2 million euro in non-repayable financial assistance provided by
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