Category: Uncategorized

Hundreds of villages in Romania are protesting the public administration law promoted by prime minister Ilie Bolojan, which aims to reduce the overhead expenditures in small administrative units, bringing them close to the local revenues. A warning strike is organised on February 10 in over 1,500 communes of Romania, while a delegation of the Association…

Cristian Popa, a former deputy governor of the National Bank of Romania (BNR), is set to return to the central bank as its chief economist, following the retirement of incumbent Valentin Lazea later this year, according to sources cited by Profit.ro. Popa previously held the chief economist position at BNR before being appointed deputy governor,…

French giant Thales is expanding its operations in Romania and aims to accelerate the growth of the local team by the end of the decade, amid global demand for defense solutions and advanced software engineering. The company currently has over 700 employees in Romania and estimates that it will reach at least 1,800 by 2030,…

Finance minister Alexandru Nazare said the government aims to push yields on Romanian government debt below 6% across all maturities by the end of the year, citing improving investor sentiment and expectations that rating agencies will maintain the country’s investment-grade status. Speaking in an interview cited by Bloomberg and Economedia.ro, Nazare said restoring investor confidence…

Romania’s chronic deficit of trade in goods contracted by 18.3% y/y to EUR 8.1 billion in Q4, as the imports shrank by 2.4% y/y to EUR 32.5 billion, dragged down by the austerity measures compressing consumption and placing public budget constraints. Exports, in contrast, rose by 4.4% y/y to EUR 24.4 billion. The trade deficit…

Romanian foreign minister Oana Țoiu and her British counterpart Yvette Cooper agreed to launch a joint trade and investment working group during talks held in London on Monday, February 9, as part of efforts to deepen the bilateral strategic partnership. The meeting, held during Țoiu’s two-day visit to the UK, also focused on security cooperation,…

For many years, Bucharest’s real estate story was simple: closer to the center meant better. Noise, traffic, and density were accepted as part of city life, almost as proof that you had “made it.” Today, many are questioning that logic. In Bucharest, quiet has become harder to find and, therefore, more valuable. This shift reflects…

A protocol car driven by former president Klaus Iohannis when he was a mayor, an Audi A6 3.2 FSI, is up for auction by the Sibiu City Hall through the A10 by Artmark Auction House, with a starting price of EUR 1,000. The car is included in the selection of the event titled “Time to…

Romania will open the 2026 edition of the European Film Festival in Vienna with The New Year That Never Came, directed by Bogdan Mureșanu, according to a press release from the Romanian Embassy in Austria quoted by Agerpres. The screening will take place on February 19 at Stadtkino Wien, followed by a Q&A session with…

Concelex, a leading Romanian construction company, has been awarded a EUR 49.8 million contract by Korea Hydro & Nuclear Power for the construction of several technical facilities and administrative offices, as part of the Cernavoda nuclear power plant Unit 1 refurbishment project, operated by Nuclearelectrica (BVB: SNN). The refurbishment of Unit 1 is a cornerstone…