Category: Uncategorized
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Ship hit within Romania’s Black Sea exclusive economic area
A merchant ship caught fire on the evening of August 27 in the Black Sea, in Romania’s exclusive economic zone, and the crew of 12 sailors was rescued by border police officers from the Coast Guard and by another merchant ship in the area, News.ro announced. The rescue operation was difficult because of the large…
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Romania clears EUR 109 mln in grants for industrial energy efficiency
Romania’s Ministry of Energy has approved seven projects with a total investment value of approximately EUR 290 million under a programme supporting the modernisation of industrial installations and improvements in energy efficiency, the ministry said on August 26. The projects will receive almost EUR 109 million in state grants. The projects were selected under the…
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Romania’s PM warns unfinished PNRR projects may have to return EU funds
Interim prime minister Ilie Bolojan warned that projects financed through the EU’s Recovery and Resilience Facility (RRF) that are not completed by the end of 2026 could require beneficiaries to return funds already received. More than 15,000 projects are being financed under Romania’s National Recovery and Resilience Plan (PNRR), of which 4,500 had not been…
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One United Properties halts sale of Bucharest office building One Tower due to lack of bids
Romanian real estate developer One United Properties (BVB: ONE) has halted the sale process for its One Tower office building in Bucharest after failing to find a buyer willing to meet its target price, co-founder Victor Căpitanu said on August 27, as reported by Ziarul Financiar. “For now, there is no sale of One Tower.…
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YouGov sees no rebound in Romania’s FMCG sales after negative dynamics in H1
There is no catalyst on the horizon that will significantly reverse consumer caution before the end of the year, according to YouGov’s Shopper report, formerly known as GfK Consumer Panel. The Romanian fast-moving consumer goods (FMCG) market grew by 3.4% in value and contracted in volume in the first half of 2026, compared to…
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New 47 km A7 motorway section ready to open in eastern Romania
A new 47.1 km section of Romania’s A7 motorway between Adjud and Bacău South will open to traffic on Monday, August 31, officials announced. The opening will extend the motorway route from Bucharest to the Bacău bypass interchange connecting with the DN2F road toward Vaslui. Romanian builder UMB is completing the final work ahead of…
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iMapp Bucharest 2026 to feature seven digital art shows, Nadia Comăneci tribute
The 11th edition of iMapp Bucharest will take place in Constituției Square on September 19 and 20 under the theme PAST. FORWARD. The free event will feature seven international video mapping competition winners and a special moment celebrating Romanian gymnastics legend Nadia Comăneci. The façade of the Palace of Parliament, covering approximately 23,000 square meters,…
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Record 180 museums in Romania and Republic of Moldova to participate in Night of Museums in Villages
Over 180 museums and rural heritage collections from Romania and the Republic of Moldova are set to participate in the fourth edition of the Night of Museums in Villages. The sites, spread over a diverse area of rural heritage, will be open to the public with free admission on Saturday, August 29, 2026. Unlike its…
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Cordia analysis: Bucharest gaining attention of regional investors thanks to its affordability
Bucharest is increasingly standing out on the residential investment map of Central and Eastern Europe as its new-build home prices remain more affordable than in Budapest, while rental yields are comparable to those seen on the Polish market, according to an analysis by Cordia, one of Europe’s largest residential developers and investors. More homebuyers and…
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Cambridge School of Bucharest celebrates exceptional examination results across IBDP, IGCSE, AS and A Level
Cambridge School of Bucharest is celebrating another outstanding year of academic achievement, with impressive results across its two internationally recognised pathways: Cambridge International Education (CIE) qualifications and the International Baccalaureate Diploma Programme (IBDP). Founded in 1994, CSB has a long-established history in Romania and has helped generations of students graduate with internationally recognised CIE qualifications…