Category: Uncategorized

Romanian political parties are set to hold a new round of negotiations on the unitary wage law at Cotroceni Palace on August 20, as the government faces an end-August deadline to adopt the legislation and secure EUR 770 million in National Recovery and Resilience Plan (PNRR) funding, official sources told News.ro, as reported by Digi24.…

Romania’s largest refinery, Rompetrol Rafinare, controlled by KazMunayGas International) announced that it managed to optimise its power consumption during the peak hours so that its 80 MW power plant can deliver 13 MW to the national power grid during 19:00-23:00 instead of 8-10 MW before, according to a press release cited by Profit.ro. The region…

Romania will allocate EUR 150 million for new stand-alone battery energy storage facilities connected directly to the national power grid, interim prime minister and energy minister Ilie Bolojan announced. Companies can receive up to EUR 15 million in non-repayable funding under the program. The applicant guide for the investments, financed through the Modernisation Fund, was…

HORIZON CITY, the residential project developed by British investor Ghai Sant Ram in northern Bucharest, has secured EUR 36.5 million in financing from Libra Internet Bank. The total investment exceeds EUR 130 million. The financing provides the necessary resources for the building process independently of the pace at which advance payments are collected from buyers under…

Romanian investment management company SAI Globinvest listed its second ETF on the Regulated Market of the Bucharest Stock Exchange on Tuesday, August 18. The ETF, listed under the ticker symbol GIBXTETF, aims to fully replicate the structure of BVB’s reference index (BET-XT). Launched by BVB in 2008, BET-XT is a price index that tracks the…

Romania’s drone production capacity will increase rapidly in the coming years thanks to private companies and public initiatives, said interim economy minister Irineu Darău on Monday, August 17, in an interview with Euronews Romania.  The increase will be noticeable beginning with 2027, the minister said, thanks to the funds made available through the SAFE Act.…

Semifinalists in the cello, violin, and piano sections of the 2026 George Enescu International Competition will perform as both soloists and orchestra leaders in a new “play & conduct” format. Introduced for the first time in the competition’s history, the conductor-free semifinals will take place at the Romanian Athenaeum in Bucharest in September. The cello…

A famous Romanian hacker nicknamed Virus was caught in traffic in Sinaia, Prahova County, over the weekend despite the fact that his car was equipped with an ingenious system for changing license plates.  The 42-year-old man was pulled over following an alert generated by the automatic license plate recognition system installed on a police vehicle.…

Traditional craftspeople from communities around Romania’s Făgăraș Mountains can obtain nationally recognized professional certification through a new program launched by the Conservation Carpathia Foundation and Sibiu’s ASTRA Museum. Applications for the MeșterEȘTI pentru comunitate program are open until October 31, 2026. The initiative targets people who have learned and practiced traditional trades through experience but…

Nearly one in three Romanian children aged 9 to 16 has asked their parents to remove content posted about them online, according to EU Kids Online data highlighted in 2026 by Horizon Magazine, the European Commission’s research and innovation publication. Romania recorded the highest percentage in the comparison, at 29%, while Lithuania ranked at the…