Romania

Location:
- Southeastern Europe, bordering the Black Sea;
- Neighbours: Bulgaria, Serbia, Hungary, Ukraine, Moldova.

Climate:
- temperate climate;
- cold, cloudy winters with frequent snow and fog;
- sunny summers with frequent showers and thunderstorms.

Natural hazards: - earthquakes, most severe in south and southwest regions;
- geologic structure and climate promote landslides.

European Union:
EU member, since 2007


Currency: Leu
Code: RON
Since: 2005

Currency conversions were calculated for an average exchange rate of:

1 EUR = 4.6639 RON (2018)
1 EUR = 4.5681 RON (2017)
1 EUR = 4.4908 RON (2016)
1 EUR = 4.4450 RON (2015)
1 EUR = 4.4446 RON (2014)
1 EUR = 4.4190 RON (2013)
1 EUR = 4.4560 RON (2012)
1 EUR = 4.2379 RON (2011)
1 EUR = 4.2099 RON (2010)


Sources:


Flag



Location map
author: OCHA/ReliefWeb


 


Statistics

Romania FY2018 Market Portfolio

Romania FY2018 Rankings

See all statistics

Latest news



COLONNADE Insurance to start operations in Romania

COLONNADE Insurance, part of the Canadian group FAIRFAX Financial Holdings, officially begins its activity in Romania, following AIG's entry into a strategic partnership with COLONNADE Insurance to manage existing policies for AIG Europe Limited's Romanian Branch.




Romania, a key-market for VIG

Romania is a key-market for VIG, the Austrian group taking the commitment to be a long-term investor on the local insurance market, the VIENNA Insurance Group representatives stated on Monday, December 4th, during a press conference.


ATRADIUS enters Romanian and Bulgarian markets

ATRADIUS - the second largest provider of credit insurance in the world, announced it expanded its international presence with two new locations in Bulgaria and Romania, as a part of the company's global expansion strategy.



ROMANIAN Transilvania Broker raises RON 9.6 milion in IPO

Romanian insurer Transilvania Broker raised 9.6 million lei (USD 2.5 million/2.1 million euro) through an oversubscribed initial public offering (IPO) of a 25% stake and might start trading on the Bucharest Stock Exchange (BVB) at the beginning of November, the bourse said on Thursday.







ROMANIA: Euroins buys Starcom bonds worth 700,000 euro

Bulgaria's Starcom Holding said on Thursday its subsidiary Euroins Romania has acquired a total of 1,423 Starcom bonds at a price of 1,000 levs (511,300 euro) each. Euroins Romania acquired three Starcom bonds on June 22 and a further 1,420 on June 27, Starcom Holding said in a bourse filing.