Category: Uncategorized
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Romania cuts excise duty on diesel by 25% for two weeks
The Finance Ministry in Romania announced that it will cut the excise duty on diesel by 25% for the following two-week period, under the dynamic excise regime introduced for situations when diesel prices rise above certain benchmarks. The new excise duty rate applies for the period September 1-15, after a 20% cut in the excise…
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Romania’s far-right AUR calls for faster route to early elections in case of political deadlock
Romania’s far-right Alliance for the Union of Romanians (AUR) will promote in the coming period a draft amendment to the Constitution that would introduce clear deadlines for resolving government crises and “prevent the repetition of the situation” Romania is currently facing. The decision was made at a meeting of the National Leadership Council convened in…
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Romania’s Liberal Party opts for reformist alliance’s PM candidate or early elections
Romania’s interim prime minister and president of the Liberal Party (PNL), Ilie Bolojan, confirmed that his party will not vote for a government with Social Democratic Party (PSD) ministers and warned that if negotiations on a new government remain deadlocked, Romania may head towards early elections. However, he added that the odds of early elections…
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Romanian president meets US Congress delegation at Mihail Kogălniceanu Air Base
Romanian president Nicușor Dan met a US congressional delegation led by House Armed Services Committee chairman Mike Rogers at Mihail Kogălniceanu Air Base on Sunday, August 30. Discussions focused on security in the Black Sea region, bilateral defense cooperation, and the US military presence in Romania. The US delegation also included congressman Eric Sorensen, a…
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September in Bucharest: City celebration, video mapping, classical music, film events
The first month of fall brings a packed calendar of events, from the Bucharest Days celebration and the international video mapping fest iMapp to film festivals and classical music events featuring top performers. Here is a selection of what is to come. Bucharest’s Floreasca neighborhood will be the setting for Sound District Floreasca, a program…
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CTP delivers 3,000 sqm of built-to-suit temperature-controlled warehousing in Bucharest
Developer and operator of logistics and industrial real estate CTP has delivered nearly 3,000 sqm of built-to-suit temperature-controlled warehouse space to Frigonet Logistics at CTPark Bucharest South, according to a press release published on Friday, August 28. Frigonet Logistics provides integrated cold chain logistics services, including refrigerated warehousing and handling, national dual-temperature distribution for chilled…
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Bucharest Stock Exchange-listed tech company AROBS posts 121% higher net profit in H1
AROBS Transilvania Software (BVB: AROBS), one of the largest entrepreneurial technology companies listed on the Bucharest Stock Exchange, recorded consolidated turnover of RON 292 million in the first half of 2026, up 36% compared to H1 2025, EBITDA of RON 40 million, a 29% increase, and net profit of approximately RON 23 million, up 121%…
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Romanian digital education infrastructure provider Ascendia posts 50% higher net profit in H1
Ascendia (BVB: ASC), a Romanian benchmark and provider of critical learning infrastructure, announced its financial results for the first half of 2026. According to the press release, the company recorded the best first half in its history, marking accelerated growth supported by the completion of previous projects, its own product portfolio, and efficient capital management.…
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Tour of Romania brings together 23 cycling teams from 16 countries
The 2026 Tour of Romania will bring together approximately 150 cyclists from 23 teams representing 16 countries between September 9 and 13. Italian Olympic champion Elia Viviani will also attend the race as manager of Italy’s national team. The five-stage competition will cover more than 800 kilometers, beginning in Chișinău, Moldova, and ending with a…
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Mastering the Music Business brings over 100 speakers to Bucharest
The 11th edition of the Mastering the Music Business (MMB) conference will take place at Hotel Caro in Bucharest from September 1 to 3. More than 100 speakers from 16 countries will participate in 27 panels, workshops, and discussions on building careers in the music industry. The lineup includes Romanian artists and industry figures such…