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Romanian director Florin Șerban’s You Don’t Belong Here (Nu e locul tău aici) won the Pardo d’Oro, or Golden Leopard, at the 79th Locarno Film Festival. The award marks Șerban’s return to feature filmmaking after an eight-year absence. The father-son drama impressed the jury of the festival’s International Competition through “the strength of its screenplay,…

Romania’s current account (CA) deficit has more than doubled to EUR 2.96 billion in June on higher imports and dividend outflows, bringing the rolling 12-month deficit to EUR 30.5 billion – 1.5% more compared to the previous 12-month period, according to data published by the National Bank of Romania (BNR). The CA deficit to GDP…

Romania’s seasonally adjusted GDP remained constant in the second quarter of 2026, compared to Q1, and was 2% y/y lower than in the same period of 2025, according to flash estimate data published by the statistics office INS. After the marginal 0.1% q/q contraction in Q1, Romania’s economic activity remained for the third consecutive quarter…

The Ministry of Finance raised about RON 1.31 billion through the Fidelis bond issue carried out between August 7 and 14, double the RON 659 million raised in July, preliminary subscription data showed. Some RON 423.5 million were subscribed for the lei tranches, compared to RON 202.6 million in July, Ziarul Financiar reported.  The most…

Romanian natural gas producer Romgaz (BVB: SNG) reported its net profit rose 4.7% y/y to RON 762.7 million (EUR 145 million) in Q2, while turnover fell 6.6% to RON 1.75 billion. Gross profit decreased by 8.3% to RON 796.6 million, while EBITDA fell 13.5% y/y to RON 864.6 million. The decline in operating profit was…

A drone entered the national airspace on the morning of August 16 from the Republic of Moldova, approximately 24 km north of Galati, the Ministry of Defence (MApN) announced, adding that the drone was shot down. Republic of Moldova confirmed that the drone was of type Shahed 138 (Geran 2) and it crossed its national territory…

Romanian swimming star David Popovici has won the 200m freestyle race at the European Aquatics Championships in Paris, his third consecutive European title in the event. The win on August 14, following the August 12 gold in the 100m freestyle race, makes him the only athlete to have won both races at three consecutive editions of…

The Romanian government is set to submit the fifth payment request under the EU-backed Recovery and Resilience Facility, or PNRR, according to an announcement from European Investments and Projects minister Dragoș Pîslaru. Payment no. 5 is worth EUR 2.84 billion, and is the penultimate request that Romania will submit within the PNRR. Once approved, the…

Romanian telecommunications company Digi (BVB: DIGI) reported consolidated revenues of EUR 608 million in the second quarter of 2026, representing an 11% YoY increase.  Adjusted EBITDA (ex. operating leases) for Q2 2026 increased by 23% compared to the result from Q2 2025, reaching EUR 169 million. Consequently, in the first semester of 2026, the group…

A drone crashed on Friday, August 14, in the area of Luncaviţa, a locality in eastern Romania’s Tulcea County, about five kilometers from the border with Ukraine, the Defense Ministry (MApN) announced. The drone crashed in a wooded area and caused no casualties, according to preliminary information provided by MApN. The drone was not detected…