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Romania’s modern retail stock reached 4.62 million sqm in 2024, with around 180,000 sqm of gross leasable area (GLA) delivered during the year. While this marked a 15% decrease compared to 2023, it was still one of the strongest years for new retail completions in the past decade, according to real estate consultancy Cushman &…

A park & ride parking lot with over 880 spaces opened near Cluj International Airport, in central Romania. Travelers can use the parking ticket to ride on the public transportation services serving the area for free.  To mark the opening, Cluj-Napoca mayor Emil Boc parked the car he arrived in and took out a parking…

Low-cost carrier Wizz Air announced that starting March 30, 2025, its flights between Bucharest and Budapest will be relocated from Henri Coandă International Airport to Bucharest Băneasa – Aurel Vlaicu International Airport. Passengers traveling on this route are advised to check their email for detailed information and to confirm the new departure or arrival airport.…

Romania’s public debt reached RON 937 billion (EUR 188.3 billion) at the end of November 2024, according to data published by the Finance Ministry. The debt-to-GDP ratio reached 54.3%, based on the latest four-quarter GDP available (RON 1,725 billion as of the end of September), up from 54.0% at the end of October and 48.8%…

Romania’s general government budget deficit reached RON 153 billion (over EUR 30 billion) in 2024, nearly 70% more compared to 2023, according to data published by the Finance Ministry. The deficit-to-GDP ratio reached 8.65% based on the estimated 2024 GDP (RON 1,765 billion), up from 5.61% in 2023 and compared to an initial 5% target.…

Film options abound, with themed programs dedicated to Paul Newman and the Marvel Universe, and there are plenty of exhibitions to discover. In Bucharest: Paul Newman weekend January 30 – February 2 Cinemateca Eforie marks 100 years since the birth of the American actor and director with a program including Cool Hand Luke and Cat…

The Oradea City Hall won a European project of RON 375.1 million (EUR  75.5 million), of which RON 216.6 million (EUR  43.6 million) is financing from the Modernization Fund, which provides for the efficiency of the centralized thermal energy supply system. The investment targets the distribution networks of 19 thermal points in the municipality of…

Transelectrica, the operator of the national energy transmission system in Romania, announced the entry into commercial operation of the 400 kV Reşiţa-Pancevo high-voltage line between Romania and Serbia. “Thus, the 400 kV Reşiţa-Pancevo OHL becomes the 11th 400 kV interconnection line between Romania and neighboring countries, reaffirming Transelectrica’s commitment to developing energy infrastructure and integrating…

Dutch police have arrested three suspects in connection with the theft of Romanian archaeological masterpieces from the Drents Museum last Saturday morning, January 25. The suspects are currently in custody and being questioned, authorities announced on Wednesday. The police in North Holland arrested the suspects based on surveillance footage, public tips, and investigative findings. More…

Bitdefender, one of the world’s largest cybersecurity solution providers, warned of an ongoing cyber espionage campaign orchestrated by the UAC-0063 group, believed to be linked with Russia.  UAC-0063 is a group specializing in cyber espionage and the theft of sensitive data. Active since 2022, it initially targeted entities in Central Asia but has now expanded…