Category: Uncategorized

Courier service DHL Express Romania has inaugurated its new operational center at VGP Park Bucharest North, Ștefăneștii de Jos, the company’s most significant investment in recent years on the Romanian market. The facility is DHL’s first carbon-neutral operational hub in the country, representing an investment of over EUR 5 million.  The inauguration event was attended by…

With less than a year before the European Union’s pay transparency directive takes effect, 62% of Romanian employers say they are not yet prepared to publish salary information in job advertisements, according to a new eJobs Romania survey. The poll, conducted in September among 198 respondents, including HR specialists, managers, and entrepreneurs, shows that most…

Oana Țoiu, Romania’s foreign minister, is set to meet US state secretary Marco Rubio on Wednesday, October 8, according to the public agenda of the Department of State. This is the first high-level meeting with a representative of the Trump Administration after the annulment and rerun of the presidential elections in Romania. The meeting will…

The former Solventul industrial platform in Timișoara, western Romania, will be redeveloped into a mixed-use neighborhood featuring primarily residential areas plus retail spaces, offices, and public facilities, under a partnership between Nhood Romania and international investor Reuben Brothers. The Solventul factory, established in 1869, was once a key industrial employer in Timișoara, with over 3,000…

Romanian emergency crews intervened in 47 localities across 16 counties and in Bucharest following heavy rains and storms during the night of Tuesday, October 7, to Wednesday, October 8. The red code alert is expected to last until Wednesday afternoon, and orange and yellow codes will be in place until midnight.  In Bucharest and Ilfov county,…

Romanian renewable energy contractor Parapet and German electrical engineering firm Kreutzpointner Energy said they recently completed a 40 MWp photovoltaic power plant near Friedland, in Lower Saxony, Germany. They are now working on two other solar plants. The Friedland project marks the first of three large-scale solar parks the partners are developing in Germany. Construction…

Romania is currently spending 7.5% of its public budget, the third-highest ratio in the European Union after Hungary and Italy, because of the high borrowing cost (6% for the 10-year debt, compared to 4.6% paid by non-investment grade Serbia) and despite the lower debt-to-GDP ratio. Streamlining public spending, besides just hiking revenues/taxes, would reduce the…

The commercial banks’ chief economists expect no rate cuts on October 8 or by the end of the year. Such a move is seen as possible in February-May next year, while the liquidity management is seen as a possible indirect instrument used by the monetary authority in case of disappointing economic performance, according to analysts…

CFA Society Romania expects the country’s economy to stall this year with GDP growth around 0%, with risks on the downside, as recession risk persists. The GDP growth will hover around 0–0.5% next year, while the use of EU funds is key to resume economic growth at more relevant rates starting from 2027, according to…

The Seattle Romanian Film Festival returns for its 12th edition this fall, showcasing nine Romanian feature and documentary films at the SIFF Cinema Uptown, one of Seattle’s most prominent venues for European cinema. The event is scheduled for November 7-9. Organized by the American Romanian Cultural Society (ARCS) in collaboration with the Cultural Association Control…