Category: Uncategorized
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MidEuropa acquires majority stake in IT system integrator Romanian Business Consult
Private equity player MidEuropa has acquired a majority stake in Romanian Business Consult (RBC), a vertically focused IT system integrator specializing in the retail, banking, and industrials sectors. Founder and CEO Andrei Bojiță will retain a significant minority stake and continue to lead the business, MidEuropa said. The transaction is subject to customary regulatory approvals…
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Severe winter weather grips large parts of Romania
Wintry weather is set to cover large parts of Romania on Monday, January 5, and a Yellow Code for severe weather started at 10 AM, coupled with an Orange Code for heavy snowfall in mountain areas. Car traffic will also be impacted in almost half of the country. According to the National Meteorological Administration cited…
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Foxes spotted in downtown Bucharest
The surveillance cameras of the Grigore Antipa Museum of Natural History have captured three foxes in the vicinity of the museum, the institution announced. The museum is located in Bucharest’s Victoriei Square, opposite the building of the Romanian Government. The presence of foxes in urban areas is not an isolated phenomenon, the museum explained. The…
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Romania’s CFA macroeconomic confidence index recovers in November
Romania’s CFA Macroeconomic Confidence Index rose in November, recovering part of the losses recorded earlier in October, but remained well below neutral levels on a downward medium-term trend, reflecting continued concerns over growth, inflation, and fiscal dynamics, according to a survey conducted among members of CFA Society Romania at the end of November. The index…
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Romania’s public debt up 0.6% of GDP in September 2025 on domestic borrowing
Romania’s public debt increased by another RON 10.8 billion (EUR 2 billion) in September 2025, bringing the year-to-date rise to RON 131 billion or EUR 25.8 billion at the end-September exchange rate. The debt-to-GDP ratio reached 58.9%, up from 57.3% at the end of June, 54.8% at the end of 2024, and 53.1% at the…
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Inflation, cost of living among Romanians’ top concerns in 2026, survey shows
Inflation, the cost of living, and the domestic and international political context are among the top concerns of Romanians looking ahead to 2026, a survey by the Romanian Institute for Evaluation and Strategy (IRES) showed. The political situation in the country concerns “to a very large extent” 31% of respondents and “to a large extent”…
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Romanian citizen confirmed dead in Crans-Montana fire
The Romanian citizen initially reported missing after the bar fire in the Swiss ski resort of Crans-Montana on New Year’s Eve has been confirmed dead, the Foreign Affairs Ministry (MAE) announced on January 4. MAE said it was in contact with the family, and sent condolences, as did president Nicuşor Dan. “We hoped for a…
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Safety of Romanian citizens in Venezuela is priority, Foreign Affairs Ministry says after U.S. capture of Maduro
The safety of the Romanian citizens in Venezuela is a priority, the Foreign Affairs Ministry (MAE) said after the U.S. military operation to capture president Nicolás Maduro and his wife. Romania’s diplomatic missions in Latin America are ready to provide assistance as needed, with support from the Permanent Delegation of the EU, MAE said in…
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Romanian builder UMB acquires steelmaker ArcelorMittal Hunedoara
UMB Steel, part of the group known for constructing highways and roads UMB, acquired ArcelorMittal Hunedoara for a total price of EUR 12.5 million. With turnover of RON 511 million last year and 477 employees, according to public financial statements, ArcelorMittal Hunedoara was affected by rising energy costs and pressure from cheap imports from outside…
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White tiger cub found dead at zoo in southern Romania after swallowing plastic bag
A white tiger cub at the Craiova Zoo, in southern Romania, died after allegedly swallowing a plastic bag thrown by one of the visitors. The tiger cubs were brought to Craiova Zoo in May, but one of them had not been seen for several weeks. The Zoo did not acknowledge the death until Monday, December…