Category: Uncategorized
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Fast food chain Popeyes expands in Romania with first restaurant in Timisoara
US fast-food chain Popeyes announced the opening of its first restaurant in Timisoara, western Romania. The chain, which launched in Romania four years ago, currently has 23 restaurants, of which 8 are in Bucharest, 2 in Iasi, 2 in Constanta, 2 in Cluj, and one in Pitești, Craiova, Buzău, Ploiești, Brașov, Sibiu, Oradea, Suceava and…
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L’Étape Romania by Tour de France brings traffic restrictions to Bucharest this weekend
The fifth edition of L’Étape Romania by Tour de France will take place in Bucharest on Sunday, August 30, with almost 2,000 cyclists expected to participate. As such, traffic will be restricted on several major streets and boulevards in the city between 7 a.m. and 2 p.m. The restrictions will affect Unirii Boulevard, Mircea Vodă…
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Social Monitor: Romania exceeds EU average for household internet access but ranks last in digital skills
Romania has moved above the European Union average for household internet connectivity, with 95.47% of homes having access in 2025. However, the country ranks last in the EU for the share of people with at least basic digital skills, according to Eurostat data analyzed by the Social Monitor, a Friedrich Ebert Foundation project. The share…
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Romania’s CFA macroeconomic confidence index rises on steady sovereign rating
Romania’s Macroeconomic Confidence Indicator compiled by the CFA Romania Association increased by 6.7 points to 44.2 in July, with confidence improving after rating agencies confirmed the country’s investment-grade status. Despite the stronger sentiment, CFA analysts expect the economy to stagnate in 2026, with the risk of recession remaining elevated. The current conditions indicator rose by…
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Romania’s Senate approves green hydrogen law tied to EUR 1 bln RRF milestone
Romania’s Senate has approved legislation updating the framework for integrating renewable and low-carbon hydrogen into the transport and industrial sectors, a measure linked to a National Recovery and Resilience Plan (PNRR) milestone worth more than EUR 1 billion, according to Economedia.ro. The bill was adopted on August 24 as the first Chamber notified and now…
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Bank loans in Romania keep shrinking in real terms
The stock of bank loans in Romania rose by 7.8% y/y to RON 472.4 billion (EUR 90.0 billion) at the end of July, rising more slowly than the double-digit consumer price inflation but also compared to the nominal advance of the GDP (+8.8% y/y, latest data available as of March 2026), according to data published…
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Romania’s centrist parties fail to break Wage Law deadlock
Romania’s centrist parties failed to reach an agreement on the new Wage Law for the budgetary sector after nearly two hours of talks convened by president Nicușor Dan on August 25, leaving the legislation at risk of missing its August 31 deadline under the National Recovery and Resilience Plan (PNRR), Digi24 reported. The meeting brought…
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Romanian government’s deputy secretary general Cristina Trăilă probed for complicity in influence peddling
Cristina Trăilă (Liberal Party, PNL), deputy secretary general of the interim government of Romania headed by Ilie Bolojan, is being prosecuted in the case of businessman Fănel Bogos from Vaslui, accused by anti-corruption prosecutors of “using networks of influence” to change the management of the Vaslui sanitary inspectorate DSVSA, according to a press release of…
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Bucharest-based Waldevar builds 95 MWp hybrid solar park for China’s Sany
Waldevar Holding is building two co-located energy projects for China’s Sany Group in southern Romania at Dobrești, Dolj County, with a capacity of 95 MWp of solar energy, 220 MWh of battery storage, and the high-voltage infrastructure necessary for grid connection. The symbolic inauguration of the project took place on Friday, August 14, when a…
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MVM Energie Romania secures permit for EUR 16 mln solar park in Covasna County
MVM Energie Romania received authorization from energy regulator ANRE to develop a photovoltaic park with an installed capacity of almost 25 MW in Arcuș, Covasna County. The EUR 16 million facility is expected to be completed and commissioned by mid-2027. The Arcuș photovoltaic plant will be built on approximately 20 hectares and will have a…