Category: Uncategorized
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Brazil is by far Romania’s main Mercosur trading partner, INS says
Brazil accounted for 86.1% of Romania’s exports to the four South American countries that are members of the Mercosur trading bloc and 58.5% of imports originating from this region in 2024, according to an analysis conducted by Tudorel Andrei, president of the National Institute of Statistics, or INS, cited by G4Media. Romania’s exports and imports…
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Full shutdown of Romania’s Cernavoda NPP appears imminent
Romania’s Cernavoda nuclear power plant is just 3 cm above the minimum water level required for operation, after the Danube level fell sharply on August 10 despite emergency works aimed at diverting additional water towards the plant. Figures indicate that the shutdown of the second of two Cernavoda reactors is imminent. The National Administration of…
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Romania’s central bank keeps 6.5% monetary rate, warns of inflationary risks
In line with expectations, the National Bank of Romania (BNR) on August 10 decided to keep the key policy rate unchanged at 6.50%. BNR reiterated expectations for headline inflation to drop sharply during Q3 from double-digit rates in Q2, but it also mentions “notable uncertainties and risks” generated by the future evolution of electricity and…
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Romanian president challenges Integrity Law amendments at Constitutional Court
Romanian president Nicușor Dan has referred the recently approved Integrity Law to the Constitutional Court, challenging provisions on asset declarations and mandate terminations that he argues may violate constitutional principles, according to Digi24. In his notification, Dan said legislation governing integrity obligations is necessary but argued that the provisions adopted by Parliament must be clear…
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Romanian president summons centrist party leaders over wage law
The leaders of the Social Democratic Party (PSD), the National Liberal Party (PNL), the Save Romania Union (USR), and the Democratic Alliance of Hungarians in Romania (UDMR) will meet on August 11 with president Nicuşor Dan to discuss the draft of the Wage Law for the budgetary sector, according to Digi24. The meeting at Cotroceni…
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Romanian athletes win gold, silver at World U20 Championships in US
Ștefania Uță (pictured) won gold in the 400m hurdles event at the World Athletics U20 Championships Oregon, clocking a new championship record of 55.33 seconds. South Africa’s Tumi Ramokgopa took silver in 55.88 seconds, while Greece’s Eleni Iakovaki won bronze in 55.99 seconds. Uță won the European U20 title in last year’s event in Tampere, Finland,…
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Colliers: Retail deliveries in Romania slow in 2026, next year promises recovery
Romania’s modern retail market added approximately 80,000 square meters of new retail space in the first half of 2026, compared with around 122,000 square meters in the same period last year, taking the total stock to more than 5.2 million square meters, according to Colliers’ report on the performance of the real estate market during…
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Romanian agricultural inputs producer Norofert to build second plant in Brazil
Norofert (BVB: NRF), a producer of organic agricultural inputs and biotechnology provider for agriculture in Romania, said in an announcement at the Bucharest Stock Exchange that it was contracting non-repayable funds worth EUR 2 million for the construction of a production facility and biotechnology laboratory in Brazil. Its subsidiary, Norofert do Brasil LTDA, will develop…
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Romania under Yellow, Orange heatwave alerts this week
Romania’s National Meteorological Administration (ANM) issued a Yellow Code warning for heatwave and particularly high temperatures in seven counties in the west and north of the country, valid from Monday, August 10, to Tuesday, August 11. Afterwards, the same areas will see a 24-hour Orange Code warning for extreme heat. In the counties of Caraș-Severin,…
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Lidl Romania introduces Anti-Waste Bag for fruits, veggies
Lidl Romania, the operator of one of the largest retail chains in the country, announced on Monday, August 10, the introduction of the Anti-Waste Bag. The new initiative is aimed at helping reduce food waste by making use of fruits and vegetables that no longer meet the aesthetic standards for shelf presentation, but still retain…