Category: Uncategorized
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Romania’s CA deficit up 17% y/y to 8.1% of GDP in 12 months to August
Romania’s current account (CA) deficit has narrowed marginally (-1.2% y/y) to EUR 2.66 billion in August 2025, bringing the CA gap in 12 months to August to EUR 29.6 billion (+17% y/y), or 8.1% of GDP, according to data published by the National Bank. The CA gap to GDP ratio thus eased slightly from 8.2%…
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PepsiCo invests USD 8.5 mln in new beverage canning line at Romanian plant
PepsiCo has inaugurated a new beverage canning line at its Dragomirești-Deal plant in Ilfov county, near Bucharest, following an investment of USD 8.5 million. According to the official announcement, it is the only line of its kind operated by PepsiCo in the Eastern Balkans. The fully automated line has a production capacity of up to…
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Romania’s Classic Unlimited launches series of concerts for families, babies
Classic Unlimited, the well-known organizer of classical music concerts in Romania, announced the launch of a new series of events dedicated to babies, pregnant women, and families, named Classic for Babies. Concerts with interactive sessions will take place in Cluj-Napoca (November 9), Sibiu (November 3), and Târgu Mureș (November 7), with two sessions per day,…
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HBO Max available through Edenred Benefit platform in Romania
Warner Bros. Discovery announced a new partnership with Edenred Romania, allowing users of the Edenred Benefit platform to subscribe to HBO Max directly through their employee benefits account. The collaboration aims to make premium entertainment more accessible to employees across Romania, the companies said. Starting October 10, Edenred Benefit users can purchase vouchers for HBO…
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Bucharest readies to welcome annual pilgrimage to Saint Dimitrie the New
This year’s pilgrimage occasioned by the feast of Saint Dimitrie the New, Protector of Bucharest, will take place from October 19 to 29. The event is one of the most significant for the Romanian Orthodox Church in the capital. The faithful will be able to venerate, aside from the Holy Relics of Saint Dimitrie the…
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One in three children in Romania live in poverty, new report says
More than one in three children in Romania, roughly 1.25 million, live in poverty, and the percentage rises dramatically to 75.8% for those whose parents have a low level of education, according to 2024 Eurostat data cited by Save the Children Romania. Children in rural areas face a much higher risk of poverty or social…
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Wizz Air adds third aircraft and five new routes from Timișoara Airport
Wizz Air has expanded its base at Timișoara International Airport, in western Romania, by adding a third aircraft and launching five new routes this month. The expansion marks another milestone for the carrier, which has transported more than nine million passengers to and from Timișoara since beginning operations there in 2008. Starting this week, passengers…
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Apple expands clean energy projects across Europe, including Romania
Tech giant Apple announced a major expansion of its clean energy projects across Europe with new large-scale solar and wind farms under development in Romania, Greece, Italy, Latvia, and Poland. The local project is located in Galați County. Together with a newly operational solar array in Spain, the projects announced on Tuesday, October 14, will…
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“A lot of room” for American investments in energy or AI in Romania, president says
Romanian president Nicușor Dan argued that there is a lot of room for new American investments in areas such as energy or artificial intelligence in Romania in an interview given on Monday, October 13. The head of state said that foreign investments increase Romania’s economy and are generally beneficial to long-term growth. “There is a…
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The Cure and Twenty One Pilots to headline Electric Castle 2026 in Romania
British rock icons The Cure and American duo Twenty One Pilots will headline the 2026 edition of Electric Castle, one of Romania’s largest music festivals. The event will take place on July 16–19 at Banffy Castle in Bonțida, near Cluj-Napoca. Festival passes are available on the event’s website, with early bird prices offered through midnight,…