Category: Uncategorized

Romania’s current account deficit in the 12 months to May contracted by 7.6% y/y to EUR 29.2 billion, with the contraction rate softening to 5.4% y/y in January-May, according to data published by the National Bank of Romania (BNR). The CA deficit to GDP ratio decreased even faster, due to the nominal increase of the…

Romania’s government has opted not to reconsider the development strategy for the country’s flagship small modular reactor (SMR) project, despite mounting concerns from Nuclearelectrica’s management over its technical and financial viability. The shareholders’ decision reflected in the company’s press release reflects conflicting views within the Ministry of Energy, temporarily supervised by acting prime minister Ilie…

Romania’s telecommunications group Digi Communications (BVB: DIGI) has completed the initial public offering of its Spanish subsidiary, Digi Spain Telecom, with the final offer price set at EUR 5.60 per share, the company announced in a filing to the Bucharest Stock Exchange, cited by Ziarul Financiar. The offering comprised 51.3 million shares and was several…

The average net wage in Romania increased by 3.2% y/y to RON 5,684 (EUR 1,086) in May, but the double-digit inflation rate (10.85% y/y) resulted in a significant 6.9% y/y contraction of the net income, according to data published by the statistics office. It was the steepest annual decline in the past decade. In absolute…

Romania’s Social Democratic Party (PSD) has published the results of an opinion poll commissioned from the Romanian Institute for Evaluation and Strategy (IRES), showing the party maintaining a clear lead over its former coalition partners despite the ongoing political crisis, while the far-right Alliance for the Union of Romanians (AUR) remains the largest political force.…

Romanian president Nicușor Dan said he discussed maritime security, early warning mechanisms for drone incidents, and cross-border connectivity with Ukrainian leader Volodymyr Zelensky during a bilateral meeting in Kyiv on Wednesday, July 15. The talks took place on the sidelines of the fifth Ukraine-Southeast Europe Summit. During the talks, the two leaders reaffirmed Romania’s support…

A Romanian citizen has died and another has been seriously injured in a fire at a building under renovation in Brussels, Romania’s Ministry of Foreign Affairs (MAE) said on Wednesday, July 15, as reported by news agency Agerpres. The blaze claimed the lives of six workers in total. The Romanian national who was injured remains…

Artificial intelligence is reshaping the way people search for and choose a home, and the North Bucharest app, developed by North Bucharest Investments Usage data shows that users are increasingly engaging with the app’s intelligent features, designed to simplify and personalize the property search experience. During the past month, the platform recorded more than 45,000…

Roughly 42% of Generation Z employees (18-28 years old) intend to change jobs in the next six months, compared with 30% nationwide, primarily motivated by career advancement, according to the “Employee Sentiment 2026: The Perspective of Romanian Employees” conducted by MKOR. Conducted on a population-representative sample of 1,000 respondents, the survey found that 42% of…

Prosecutors from Romania’s Directorate for Investigating Organized Crime and Terrorism, or DIICOT, raided the Bucharest Pension House and locations in several other counties on Wednesday, July 15, in a case involving fraud allegations. Prosecutors suspect that fictitious employment seniority was entered into ANAF systems for roughly 5 years so that nearly 900 beneficiaries could retire…