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Romania’s competition authority has fined eight companies, including Automobile Dacia and Renault Technologie Roumanie, a total of EUR 32 million for anti-competitive “no-poaching” agreements that restricted employee mobility on the labor market. The sanctions were announced by the Competition Council following an investigation into the automotive and engineering sectors.  The authority found that the firms…

Embattled Romanian justice minister Radu Marinescu announced plans to fight plagiarism accusations in the court during an interview given on Monday, January 12. Specifically, the Social Democratic minister is considering a lawsuit to “defend his right to image and reputation” following accusations that he plagiarized his doctoral thesis, which was completed roughly 20 years ago. “I…

AROBS Systems (BVB: AROBS), a company within the AROBS Group, the largest technology company with 100% Romanian capital listed on the Bucharest Exchange, has signed two digital transformation contracts with the Ministry of Health and the National House of Public Pensions (CNPP), projects financed through the National Recovery and Resilience Plan (PNRR). The cumulative value…

Romania’s defence minister, Radu Miruță, said the ministry will implement a 10% cut in its payroll envelope this year, while avoiding redundancies and direct wage cuts, according to comments made to Antena 3, as reported by Digi24. He stated that the reduction would be achieved mainly by eliminating bonuses and other variable pay components.  In…

Romania’s economy will rise by only 1% this year, after a moderate expansion estimated at 0.9% in 2025, according to the Autumn Forecast published by the Romanian state forecasting body, CNP. The growth will not accelerate greatly above 2% per annum in the coming years: 2.2% in 2027 after the worst part of the fiscal…

The average incomes of Romanian households increased by 5.2% y/y in Q3 2025, in real terms (discounted for consumer price inflation), a significant deceleration from the +10.9% y/y pace seen in Q2 – but still a robust rate in absolute terms given the higher inflation in the quarter (+9.2% y/y), according to calculations based on…

Romania’s imports dropped by 5.3% y/y to EUR 10.6 billion in November – the month when the wholesale traders bring in their merchandise for the peak retail sales, and the retailers’ business is gaining momentum. Exports edged down marginally by 0.1% y/y to EUR 8.4 billion in the same month, resulting in a trade deficit…

Ecovillas Company has announced the launch of a new premium residential project in Mogoșoaia, close to Bucharest, with a total estimated investment of EUR 8.6 million. The development is named Nouvert, as reported by News.ro. The complex will consist of 16 individual homes, with prices starting at EUR 500,000 plus VAT. The project is being…

Romania’s Ministry of Finance announced the terms of the retail bonds on sale to households in January under the Tezaur scheme. Both the coupons attached and the durations of the issues were reduced. Thus, the Treasury will sell bonds with maturities of 1, 3 and 5 years – one year less compared to the maturities…

Romania returns to the Eurovision Song Contest after a two-year break and will compete in the second semifinal of the 2026 edition, scheduled for May 14, Agerpres reported. The first semifinal will take place on May 12, with the grand final set for May 16. In the second semifinal, Romania will face competition from Albania,…