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The City Hall of Tășnad, located in Satu Mare County, north-western Romania, has received six bids for the construction of a new water park. The project is valued at RON 138.2 million (approximately EUR 27.2 million), and the building is scheduled to take 3 years.  The water park, named Aquapark Transilvania Terme Tășnad, will cover…

Libris and Save the Children Romania announce the launch of the seventh edition of the CarteTeca program, through which 50 school libraries across the country will be equipped with new books, supported by a total investment of RON 250,000. Registrations for this year’s edition open today, on the platform libris.ro/carteteca. To date, the project has…

Half of Romanians fear that they will not be able to maintain a comfortable standard of living after retirement, according to the Retail Banking Radar report, produced by the consulting company Kearney. Romania is thus above the European average (47%). According to the report, as quoted by Bursa.ro, 48% of Romanians expect to continue working…

Romania has signed a cooperation agreement with the Organisation for Joint Armament Cooperation (OCCAR), marking the country’s first concrete step towards acquiring four combat corvettes through the European Multirole Corvette (EMC) programme, the Ministry of National Defence announced, as reported by Bursa.ro. The agreement was signed by defence minister Ionuţ Moşteanu and OCCAR Director Joachim…

Tackling magistrates’ pensions represents a milestone in the PNRR on which hundreds of millions of euros of funds depends on, and it is also a major social problem due to the social sense of injustice it creates, prime minister Ilie Bolojan told B1 TV news channel, expressing his hope that the Constitutional Court (CCR) “will…

The average monthly volume of consumer loans in Romania increased by 11.4% y/y in January-August this year compared to 2024, after a sharp 63% y/y surge last year, according to data from the National Bank of Romania (BNR). The slowdown, visible in the mortgage lending as well (although the refinancing obscures the volume of new…

Romania’s digitalization efforts remain blocked despite having one of Europe’s strongest and most affordable internet infrastructures, as public digital services are fragmented and inefficient, according to a study released by the Edge Institute. The analysis, carried out in collaboration with several experts from Estonia – widely regarded as a model for digital administration – concludes…

The Nusco real estate group has signed a partnership with Turkey’s Medicana Health Group, one of the largest international medical networks, to develop the first Medicana hospital in Romania within the Nusco City complex in Bucharest’s Pipera area, the company announced. The total investment amounts to more than EUR 46 million (excluding VAT), with construction…

The two founders and main shareholders of Romanian distribution group Aquila Part Prod (BSE: AQ) have transferred stakes worth 11.4% each to Cyprus-registered firms with no impact on the ownership structure, according to a company note to investors after the October 9 trading session. The share transfer was operated under two deals, summing up to…

The Liberty Galați steel mill in Romania received four offers, two from German Steel Mont and a company from Turkey for tolling (processing raw materials), and the other two for asset takeover, according to Ziarul Financiar. “We are in discussions. Four offers have been submitted. Two for tolling, from Steel Mont and a company from…