Category: Uncategorized

The Ministry of Finance confirmed in a press release that Romania has obtained the agreement of the European Commission to replace the milestone in the PNRR regarding the reduction of the VAT gap and has avoided a loss of up to EUR 1 billion in grants in 2026. Following negotiations between Alexandru Nazare, minister of…

The construction works volume contracted by 2.1% y/y in August after the unusually strong 40% y/y surge in July that could be attributed rather to accounting or other bureaucratic developments caused by the budgetary measures implemented by the government, according to data published by the statistics office INS.  The seasonally-adjusted works volume index dropped by…

Romania’s government estimates its public deficit to reach 8.4% of GDP under ESA methodology this year marking a 0.9 percentage points (pp) consolidation from 9.3% of GDP in 2024, and targets stronger, 2.4pp consolidation to a 6%-of-GDP deficit in 2026 under the progress report sent to the European Commission (EC) under the Excessive Deficit Procedure…

The City Hall of Brașov, a popular mountain city in central Romania, announced the introduction of a new traffic safety system that uses radar-equipped traffic lights to stop speeding drivers automatically. When a vehicle is detected going over the legal speed limit, the light turns red for 10 seconds, forcing the driver to stop before…

A snapshot of the CX market: aligning customer expectations with company strategies. Global and local CX leaders, strategy, HR and marketing specialists, as well as representatives of some of the most customer-centric companies in the region, gathered on October 14–15 at CX Conference 2025, an event organized by Customer Experience Romania, under the coordination of…

Noam Mobili Design closed the first ten months of 2025 with a turnover of €1.91 million, approaching the total reported for 2024 of €2.1 million. The company expects to end the year at a similar level, with a slight increase, despite an economic context marked by cautious spending and delayed investment decisions. “In a year…

Romania’s solar sector is entering a decisive phase, balancing immense potential with persistent grid and permitting challenges. In this exclusive Romania Insider interview, Alina Ștefan, Chief Commercial Officer at Enexus, and Mirel Jarnea, Country Manager of LONGi România, discuss how their partnership is redefining solar investment and execution in one of Europe’s fastest-growing renewable markets.…

The fourth edition of the Climate Change Summit brought together over 1,300 leaders and innovators and generated over 1 million online views, confirming Romania’s role in the international dialogue on economy, climate and innovation, with messages of support sent by President Nicușor Dan, Prime Minister Ilie Bolojan and European Commission President Ursula von der Leyen.…

IKEA, the world’s largest furniture retailer, announced the opening of the first Planning and Order Studio in Cluj County on Thursday, October 23. Located inside the Kaufland Cluj-Gheorgheni shopping gallery in Cluj-Napoca, the location spans over 200 sqm and includes a planning area and a space displaying more than 1,100 IKEA items.  The new studio…

Romanian president Nicușor Dan said that EU countries must equip themselves to deter Russia “from thinking about an attack on Europe,” according to Agerpres.  The danger is not new, Dan argued. The EU has been facing a hybrid war for at least a decade. The Romanian president made the statement moments before attending the European…