Category: Uncategorized

The retail sales volume index contracted by 5.4% y/y in Romania in the second quarter (Q2) of 2026, despite a certain improvement in the non-retail segment offset by further deterioration in the food segment, which indicates a tougher impact of budgetary measures on low-income households. While annual growth figures will improve in H2 on base…

The Government of Romania will define by government ordinance the categories of industrial consumers that can be disconnected from the power grid by the power system operator Transnselectrica, with 24 hours’ notice, in case the energy resources do not cover the projected consumption, according to News.ro. At this moment, such a situation is not likely…

Romania’s economy will contract by 0.5% this year and will recover modestly by only 1.5% in 2027, according to the forecast published by Capital Economics. The combined growth of some 1% over the two years is less than the consensus forecast envisaging a modest 01% advance this year followed by more robust 2.2% growth in…

Romania’s government approved in its Thursday, August 6 meeting the decision to launch the program Diaspora Invests at Home, aimed at Romanians living abroad who want to set up businesses in the country. The program has a total budget of EUR 100 million, with grants to be managed by the Development and Investment Bank (BID)…

Lender Banca Transilvania and entrepreneur community Endeavor Romania have partnered for two programs connecting entrepreneurs to international markets and Romanian business communities in Europe and the U.S. The partnership covers two programs, rolled out in five countries in 2026 – 2027. Beyond Borders is meant for Romanian companies ready to explore new markets. It supports…

Romanian authorities resumed operations for the sinking of four rock-filled barges to increase the flow of the Danube toward the Cernavodă Power Plant on Thursday, August 6. Scheduled for a day earlier, the sinking was postponed because of strong currents. After they were filled, the four barges were aligned in a convoy and transported to…

The National Commission for Museums and Collections has authorized the start of the restoration process for the Coțofenești Helmet, the National Museum of History of Romania (MNIR) announced. The ancient artifact and three Dacian gold bracelets were stolen from the Drents Museum in the Netherlands in early 2025. It was recovered this April, alongside two…

The first part of Bucharest National Opera’s 2026-2027 season will include 18 opera and ballet productions, including two premieres, namely Richard Wagner’s Tannhäuser and Adolphe Charles Adam’s Giselle. “We have designed the opening of the season so that audiences can enjoy both the great classics they love and productions they rarely have the opportunity to…

Danish energy giant Eurowind Energy is reportedly preparing an investment of approximately EUR 450 million in a large-scale wind farm in Iași County, eastern Romania, according to local publication Apix.ro. The project concerns a park located in Movileni commune, currently in the final stage of permitting. The investment will be carried out through Wind Asset,…

Romania’s Energy Ministry has restated the government’s plea for household consumers, companies and public institutions to reduce electricity consumption between 7 PM and 11 PM until the end of August amid the ongoing energy crisis. The plea comes as Romania is experiencing an energy crisis generated mainly by the severe drought and the sharp reduction…