Category: Uncategorized
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Romania’s oil supplies at risk after Kazakhstan suspends shipments through Novorossiysk CPC terminal
Following attacks on tankers while they were loading Kazakh oil at the Caspian Pipeline Consortium (CPC) terminal in the Russian port of Novorossiysk on the Black Sea, Astana “is forced to stop” pumping oil through the pipeline to the CPC terminal and will no longer deliver via the Black Sea, according to Bloomberg. Kazakhstan delivers…
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New industrial orders in Romania fall 5.6% y/y in May
The aggregate value of new orders received by Romania’s manufacturing companies declined by 5.6% y/y in May and by 3.6% y/y in the first five months of 2026, according to data published by the National Institute of Statistics (INS). Manufacturing turnover also weakened, falling by 1.3% y/y in May and by 1.7% y/y in January-May.…
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Romania’s construction activity surges by 17.6% y/y in April-May
The construction works volume in Romania surged by 17.6% y/y in April-May, setting the stage for a robust annual advance in the second quarter of the year after 7.7% y/y growth in Q1, according to data published by the statistics office INS. The activity levels in each of the two months, April and May, adjusted…
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Romanian households have EU’s lowest debt burden
Romanian households had the lowest debt-to-GDP ratio in the European Union at the end of 2025, with consolidated household debt amounting to 12.3% of GDP, according to Eurostat data cited by B1tv.ro. The indicator, which also includes debt held by non-profit institutions serving households, declined from 12.5% of GDP in 2024 to 12.3% in 2025.…
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Romania’s TTS completes EUR 23 mln expansion of Constanta Port grain terminal
Transport Trade Services (BVB: TTS) announced in a note to investors that it completed on July 20 the investment project to expand the storage capacity of the Canopus Constanța grain terminal to 180,000 tons. The investment comprised the construction of 6 storage silos, each with a capacity of 11,000 tons, 5 buffer silos, each with…
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Romanian government replaces Tarom CEO on alleged unrealistic budget
The interim minister of transport, Radu Miruta, announced that the Board of Directors at flag carrier Tarom replaced interim CEO Bogdan Costas with Cristian Anghel, accusing the company’s management of failure to amend the 2026 budget plan that both sides agree is no longer realistic and revise the restructuring plan in line with market developments.…
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Can music help bring down a dictatorship? Documentary about rock scene in Romanian city where 1989 Revolution started explores the question
The Vinyl Revolution, a recent documentary by Eric Fretz, a two-time Fulbright Program scholar who taught at West University of Timișoara, delves into a less documented chapter in the history of Timișoara’s rock scene and asks whether music played a role in the lead-up to the 1989 Revolution. From Deep Purple, Led Zeppelin, and Jimi Hendrix…
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Nearly half of Romanians would accept authoritarian regime that ensured order, stability
Around 46.3% of Romanians would accept an authoritarian regime if it provided more order and stability, according to the latest INSCOP survey. On the other hand, 47.2% of survey participants believe that democracy is preferable, even if it sometimes involves more conflicts and political debates. The rest chose not to answer. Those who declared that…
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Survey: Doctors enjoy highest degree of trust in Romania, but half of respondents question vaccines
Around 54% of Romanians have a lot or very much trust in doctors. At the same time, half of Romanians disagree or are hesitant when it comes to the safety of vaccines, according to a new Poll/Int Romania Barometer conducted by the Political Rating Agency (ARP) According to the survey, 72.1% of Romanians believe that…
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Romanian prime minister Ilie Bolojan congratulates new Moldovan PM Vasile Tofan
Romania’s acting prime minister Ilie Bolojan sent congratulations to Vasile Tofan, who was confirmed as the Republic of Moldova’s new prime minister on Tuesday, July 21. “I assure him of the full support and cooperation of the government of Romania. It is important that we continue to move forward with the projects on our bilateral…