Category: Uncategorized
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Romania’s central bank to stop publishing Bulgarian lev exchange rate after euro adoption
Romania’s central bank BNR has announced it will stop publishing the exchange rate of the Bulgarian lev against the Romanian leu starting January 5, 2026, following Bulgaria’s adoption of the euro. In a statement, BNR said the decision comes as Bulgaria will officially join the eurozone and adopt the euro as its national currency on…
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Number of dissolved companies up 26% in Romania in first 11 months of 2025
The number of dissolved companies in Romania increased by 26.23% in the first 11 months of 2025, to 51,805, compared to 41,039 in the same period of 2024, according to data centralized by the National Trade Register Office and cited by Agerpres. The field of activity with the highest number of company dissolutions in the…
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Bucharest to introduce EUR 2 per night tourist tax starting in 2026
Tourists visiting Bucharest will have to pay a new accommodation tax of RON 10 (some EUR 2) per night starting in 2026, following a decision adopted by the General Council of the Municipality of Bucharest, TVR Info reported. City officials estimate the measure will generate around RON 15 million annually for the local budget, with…
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European Commission to finance Ploiești electric tram fleet with EUR 9 mln grant
The European Commission has approved the funding application submitted by the city of Ploiești, southern Romania, for a new electric tram fleet. Specifically, the grant worth EUR 9 million will finance the project “Sustainable Mobility in Ploiești, Romania: Electric Tram Fleet Renewal.” Thanks to the grant, Ploiești will acquire 20 new trams, 18 meters in…
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Strong winds and snow batter parts of Romania over Christmas
Several regions of Romania saw blizzard-level winds and snow over Christmas. Roughly 19 out of the 41 counties in the country saw a yellow code for strong winds, snow, and ice between Tuesday, December 23, and Friday, December 26. The most substantial snow cover accumulated in Oltenia, southern Romania, and the Southern Carpathian Mountains, where…
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Mandatory private pension fund assets in Romania rise to RON 194.9 bln in November 2025
Romania’s mandatory private pension funds held total assets of RON 194.9 billion at the end of November 2025, up 31% compared with the same period last year, according to data published by the Financial Supervisory Authority (ASF) and quoted by news agency Agerpres. ASF said that 94% of investments made by privately managed pension funds…
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Non-resident business tourists spent over RON 1.18 billion in Romania in Q3 2025
Non-resident tourists visiting Romania for business spent more than RON 1.18 billion in the third quarter (Q3) of 2025, according to data published by the National Institute of Statistics (INS) and quoted by news agency Agerpres. A total of 756,600 non-resident tourists stayed in collective accommodation structures during the period, with overall spending reaching RON…
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Analysis: ChatGPT remains most used AI tool in Romania, but Gemini gains ground in 2025
ChatGPT continued to be the most widely used AI chat tool in Romania in 2025, but Google Gemini has been steadily gaining ground, according to an analysis published by SEO agency Mixtazure. According to the study, ChatGPT maintained a market share of over 85% throughout 2025 and recorded around 4 million monthly searches in Romania…
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“A source of inspiration”: President Nicușor Dan meets Romanian businessman behind London’s Canary Wharf financial district
President Nicușor Dan has met with Sir George Iacobescu, the Romanian-born businessman behind the Canary Wharf financial district in London. In a message posted on social media after the meeting, the head of state said it was a pleasure to meet again one of the most respected Romanians in the United Kingdom, “a source of…
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Bucharest’s main airport to produce its own renewable energy through major solar investment
The National Company Bucharest Airports (CNAB) announced a major investment in a photovoltaic power plant to cover part of the energy needs of Henri Coandă International Airport (also known as Otopeni Airport) – the main airport serving the Romanian capital. The total estimated value of the project is roughly RON 283.8 million, excluding VAT. The…