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Dacia and Ford produced 292,378 cars in Romania in the first six months of the year, an increase of 8.66% compared to the same period in 2023, when 269,088 units were produced, according to data published on Friday by ACAROM – the Romanian Automobile Manufacturers Association cited by Economedia. Of the total, Dacia produced 169,998…

Romanian prime minister Marcel Ciolacu met with Hungarian counterpart Viktor Orban on Friday, July 26. The main discussion topics were the Budapest–Bucharest high-speed train and Romania’s full accession to the Schengen Area. “Today I had a pragmatic discussion with the prime minister of Hungary, Mr. Viktor Orban, on topics of mutual interest regarding our bilateral…

Savor chef-crafted masterpieces at live stations while enjoying the beats of our live DJ. For over 20 years, JW Marriott Bucharest Grand Hotel has been the top brunch spot in Bucharest. Every Sunday from 12:30 PM, JW Steakhouse offers a gourmet haven with an extensive menu featuring USDA beef, seafood, French cheese, Italian pasta, and…

The Executive Directors of the World Bank Group have approved a Development Policy Loan for Romania amounting to EUR 599.1 million, with a dual focus on economic and environmental sustainability.  The loan will allow Romania to make reforms aimed at strengthening the country’s fiscal framework, promoting green and inclusive economic growth, and stimulating private-sector investment. …

The European Commission decided on Thursday, July 25, to send Romania a reasoned opinion for incorrectly implementing Directive 1999/31/EC on landfill waste and the Waste Framework Directive (Directive 2008/98/EC), according to a press release from the EC.  The landfill waste directive sets standards for landfills to prevent negative effects on human health, water, soil, and…

Romania has spent the equivalent of 8 out of 100 euros from the EU-backed National Recovery and Resilience Plan, or PNRR, a set of preferential loans and grants given to EU members to boost their post-pandemic economic recovery, according to Ziarul Financiar. The PNRR has two main components: one, in which the government must meet…

During the Olympic Games, the Romanian Embassy in Paris – Béhague Palace – will host the Hospitality House under the title “Casa României/Romania House” for the Olympic athletes, a joint project of the Ministry of Foreign Affairs and the Olympic Committee COSR. The official opening took place on Thursday, July 25. Béhague Palace, one of the most…

Via Transilvanica, Romania’s longest hiking trail, has been included on the 2024 list of the world’s greatest places compiled by TIME magazine. The trail, crossing the country from Putna Monastery to Drobeta-Turnu Severin, was inaugurated in 2022.  The 1,400 km Via Transilvanica trail connects as many as 12 UNESCO World Heritage sites. It is a…

The Romanian government is set to approve funding of RON 500 million (EUR 100 mln) for several investment projects by the state-owned company Transgaz (BVB: TGN), the national gas transport system operator, Profit.ro reported.  This funding, sourced from the Environmental Fund financed by the sale of CO2 emission certificates allocated to Romania by the EU,…

A consortium comprising two American companies, one Italian, and one Canadian is set to submit a bid for the crucial contract regarding Units 3 and 4 at Romania’s Cernavodă Nuclear Power Plant.  Energy minister Sebastian Burduja announced that state-controlled nuclear power producer Nuclearelectrica will conclude negotiations with the consortium in September, with the contract expected…