Category: Uncategorized

Transylvania Tapes, a mix of the found footage and Eurohorror genres directed by filmmaker Brad Sykes, will have its Romanian premiere at the Lună Plină/ Full Moon Horror and Fantasy Film Festival in Biertan on August 16. The film, shot entirely in Bucharest and Sighisoara, follows Mara Enescu, a young woman in her 30s who…

Ambassadors of NATO member countries met on Wednesday, August 12, in a session in Brussels to discuss the recent violations of the airspace in Poland and Romania, as well as the recent drone incidents.  The representatives “reiterated that Russia bears full responsibility for the airspace violations, which are dangerous and unacceptable, and demonstrate Russia’s increasing…

Dama Solar, a photovoltaic project with a planned capacity of around 1 GW in western Romania, has received an establishment authorisation for its first phase from the National Energy Regulatory Authority (ANRE), clearing a key regulatory step towards construction, Economica.net announced. The project is developed by Rezolv Energy in Arad County and is planned to cover…

The state-owned company Hidroelectrica (BVB: H2O), the largest electricity producer in Romania, is facing severe hydrological conditions, and the impact on production will depend on their duration and intensity, Iulius-Dan Plaveti, the chairman of the directorate, said on August 12 in his first teleconference with investors since taking office, after the release of the results…

Banca Transilvania is supporting one of the most significant investments in Romania’s energy infrastructure by providing EUR 300 million in financing to Transgaz. This marks the largest bilateral financing provided by Banca Transilvania to the energy sector, Transgaz said in a note to investors. The financing is intended for the development and modernization of the…

Romania’s nuclear group Nuclearelectrica (BVB: SNN) announced that, on the morning of August 13, 2026, it began procedures for the controlled shutdown of Unit 2 at the Cernavoda Nuclear Power Plant.  The shutdown procedure of Unit 2 at Cernavodă began at 8:00 AM, according to data consulted by Economica.net. The power will gradually decrease and…

The net average wage increased by 3.4% y/y to RON 5,754 (EUR 1,099) in the second quarter (Q2) this year, losing momentum from 3.9% y/y in Q1 and 7.8% y/y in the same period of 2025, according to data published by the statistics office INS.  At the same time, consumer price inflation reached 10.7% y/y…

More than 3,500 Romanian and foreign military personnel will take part on Saturday, August 15, in the Romanian Navy Day celebrations and the naval exercise FNR 26.10 in Constanța, on Romania’s Black Sea coast, the Romanian Naval Forces said. Over 50 ships and boats, 15 military and civilian aircraft, two armored amphibious vehicles and five…

The last month of summer is well underway now, but open-air events are still going strong. Take the annual TIFF Unlimited caravan that travels to various cities with movies shown at the eponymous festival that took place at the beginning of June in Cluj-Napoca. You can check out the details here and on their FB…

Elite Grup, founded by entrepreneur Chimu Căpușan more than 30 years ago, has completed the acquisition of the Sanex site, a 17.2-hectare plot of land in northern Cluj-Napoca.  The EUR 40 million transaction was cleared by both the Competition Council and the Commission for the Examination of Foreign Direct Investments (CEISD). The developer said the…