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Romania’s Competition Council has fined 21 companies a combined RON 83.2 million (EUR 15.9 million) for participating in anti-competitive agreements that fixed resale prices for crop seeds and crop protection products, the authority said. The investigation found that seed and crop protection producers Pioneer Hi-Bred Romania, Corteva Crop Solutions Romania, formerly DuPont Romania, and Maisadour…

Romania is accelerating work to complete and formally receive around 4,500 projects financed through the National Recovery and Resilience Plan (PNRR) before the end of August, acting prime minister Ilie Bolojan said on August 13, cited by Profit.ro. He warned that delays could result in financial penalties. Bolojan held a teleconference with prefectures and government…

Strong wind, the prosumers shifting their input during peak hours, and the imports from Bulgaria helped Romania’s power system on the first day after Nuclearelectrica shut down its last reactor on August 13, leaving the country without nearly 20% of its electricity production.  The electricity provided by the storage facilities reached a power of 600…

National Bank of Romania (BNR) governor Mugur Isărescu has urged the parties that formed Romania’s former governing coalition to return to negotiations and avoid public statements that could damage the country’s economic interests. Speaking at a press conference on Thursday, August 13, Isărescu warned that political comments can affect Romania’s financial standing, particularly during periods…

The National Bank of Romania (BNR) in its August 13 quarterly Inflation Report raised its forecast for end-2026 inflation by 0.6 percentage points to 6.1%, as governor Mugur Isărescu said the economy remained below potential amid fiscal consolidation and supply-side shocks. The new forecast, presented by Isărescu, puts inflation further above BNR’s previous projection of…

Romania’s Q2 GDP recorded a decrease of 0.4% y/y under the previous-year-prices methodology, and by 2% y/y under the chain-linked-volumes methodology, the statistics office INS announced on August 14 under its flash estimate. The seasonally adjusted GDP (chain-linked-volume methodology) remained constant in Q2, compared to Q1, after two consecutive quarters of negative growth (technical recession). In…

The Bucharest public can discover the city’s urban art through a series of guided tours and events organized as part of the project Un-hidden Bucharest. Inspired by Constantin Brâncuși’s legacy, the project invites the public to take part in five guided tours, discover a multidisciplinary artistic intervention, an exhibition, two interdisciplinary performances and two discussions,…

Romania’s Ministry of Finance will cut the excise duty on standard diesel by 20% from August 16 to August 31, following a rise in international diesel quotations and domestic pump prices, the ministry said. The temporary reduction amounts to RON 561 per 1,000 litres, bringing the applicable excise duty to RON 2,243 per 1,000 litres,…

Romania’s industrial production index contracted by 4.6% y/y in the second quarter (Q2) of 2026, marking the steepest decline since the lockdown in 2020, according to data published by the statistics office INS. In seasonally-adjusted terms, industrial output decreased by 0.4% q/q.  In the core manufacturing sector, the production index plunged even more steeply, by…

The first edition of the Parasport Romania Games, the only national multi-sport para competition, is scheduled to take place in early September. Unlike competitions previously organized separately for each sport, the event will host multiple competitions simultaneously. The event gathers ten para sports and is meant to establish “a common platform dedicated to competition, performance…