Category: Uncategorized
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Only one in ten Romanian car owners has voluntary motor insurance
Only one in ten automobiles in Romania is covered by voluntary motor insurance (CASCO) – and very few of the others could afford to pay for the repair of their own cars after an accident caused by themselves, the Romanian insurers’ association UNSAR warned, as reported by Profit.ro. However, data suggest that the cars eligible…
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Three in ten Romanians above 15 have no bank account
The share of Romanians above 15 years old with a bank account is 71% compared to the 94% average in the European Union, according to Ziarul Financiar, citing data from the financial stability report compiled by the National Bank of Romania (BNR). The households’ indebtedness is also among the lowest in Europe – possibly because…
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Romania receives first armoured vehicles contracted with Turkish Otokar
The first Cobra II 4×4 armoured vehicles have been delivered to the Romanian Land Forces, the army announced in a Facebook post. However, the Romanian side reportedly seeks to enforce compensations worth EUR 40 million for the delayed delivery. “Cobra II has joined the Romanian Land Forces family! The first light armoured vehicles, Cobra II…
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Romanian president “deeply concerned” about tensions among transatlantic partners
In a brief message posted on social media, Romanian president Nicușor Dan reacted to the rising tensions between the United States and its European partners related to the transfer of Greenland from Denmark to the US. “I am deeply concerned by the escalation in public statements between transatlantic partners and allies regarding recent developments. We…
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Romania to build expressway to Ukraine with SAFE financing
The National Road Infrastructure Management Company (CNAIR) in Romania launched the tender for the “northern end” of the Suceava – Siret expressway (lot 3 Bălcăuţi – Siret), which will have a dual role, civil and military, and will partly stretch on the territory of Ukraine, according to the company’s head, Cristian Pistol. According to a…
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Cold weather pushes up gas prices in Romania and depletes reserves rapidly
Romania has used around one third of its natural gas reserves allocated for the winter season, as colder weather has been driving up consumption and pushing gas prices higher across Europe, according to industry data. Romania, the Republic of Moldova, and Ukraine have been particularly affected after an unusually mild December, with all three countries…
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Inflation in Romania erodes real wages by 4.5% in June-November
The average net wage in Romania, expressed in real terms, plunged by 7.2% in July-August when the consumer prices jumped by 4.8% and then recovered by 2.9% in September-November after the consumer prices stabilised (rose by only +1.3%), according to data published by the statistics office INS on January 16. Overall, the real average wage…
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Indian worker to be named honorary citizen of Craiova after saving girl from icy lake
An Indian construction worker has been hailed as a hero in the southwestern Romanian city of Craiova after rescuing a young girl who fell into a frozen lake, with local authorities announcing he will be awarded the title of honorary citizen. The rescuer, Vipan Kumar, is a 47-year-old Indian national who has been living in…
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Dacia Sandriders triumphs at 48th Dakar Rally
The Dacia Sandriders has won the 48th edition of the Dakar Rally, with Nasser Al-Attiyah and Fabian Lurquin claiming a commanding overall victory in Saudi Arabia. They secured the win by a margin of almost 10 minutes after a cautious run on the final stage, sealing an outstanding result in Dacia’s only second participation in…
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New Year Reception at the Internationale Deutsche Schule Bukarest – education that gives meaning to continuity
In an international context marked by rapid change, education remains one of the few stable reference points. From this perspective, the Internationale Deutsche Schule Bukarest (iDSBU) reaffirms its role as a space of continuity, dialogue, and responsibility through the organization of its New Year Reception. The event creates a setting for meeting and reflection, bringing…