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Bucharest has joined other Eastern European governments, including Poland and the Baltic states, in proposing financial incentives for American military personnel, amid rising tensions in the Black Sea region, the sources told Bloomberg on condition of anonymity. Romania, which hosts around 1,000 US troops, was the first European country to experience troop reductions imposed by…

The law was adopted in September in Parliament. Nicușor Dan has now promulgated the project, which regulates the legal framework for retirement accounts, called Savings and Investment Accounts (CEI), modeled after accounts similar to the 401(k) and IRA (Individual Retirement Account) in the US. The money in these accounts will be able to be invested…

Auchan Romania has introduced its new in-store digital concept, Auchan Retail Media, at the Auchan Drumul Taberei hypermarket in Bucharest. The concept features two immersive LED entrances and 12 digital formats integrated into the store’s architecture. Each entrance has a curved LED screen measuring 3.5 × 5.3 meters, covering more than 18 sqm above shoppers’…

Two Romanian F-16 fighter jets shot down two Geran-family attack drones over the country’s territorial waters on Saturday, October 17, the Defense Ministry announced. Both drones were destroyed shortly after entering Romanian airspace. Military radar initially detected a group of aerial targets flying southwest approximately 120 kilometers east of Snake Island. Two F-16s on air-policing…

Exim Banca Romaneasca has launched its Private Banking Department, which provides personalized banking services, dedicated advisory support, and tailored wealth management solutions designed around the unique financial and investment goals of high-net-worth clients. Through its Private Banking services, Exim Banca Romaneasca offers a bespoke banking experience built around dedicated advisory support, close relationship management, and…

BT Capital Partners, the investment banking and capital markets division of Banca Transilvania Group, said it reached 35,000 stock trading accounts opened through the BT Pay app, double the number recorded in June 2026. The growth was driven by the integration of investment services into BT Pay, as well as by the launch of a…

The National Liberal Party (PNL) and its allies in Save Romania Union (USR) called for the establishment of a parliamentary committee for administrative-territorial reform on Thursday, October 15. The two parties, set to form the opposition in the event of an investiture vote for the Luca Niculescu government, had their request approved by the Joint…

Real estate developer One United Properties (BVB: ONE) announced on Friday, October 16, that it has appointed Cătălin Jalobă as Group Chief Financial Officer. He will take office on December 17. In this role, Jalobă will lead the group’s finance function, including financial strategy and planning, accounting and reporting, treasury and financing, cost control, taxation…

The first heavy snow hit Romania’s famous Transfăgărășan high-altitude road, forcing road workers to intervene with snow-clearing equipment and anti-skid material. The Brașov Regional Directorate of Roads and Bridges (DRDP) announced on Friday, October 16, that a layer of snow has formed on the road, particularly in the highest areas. “Heavy snowfall on DN7C –…

More than 1.5 million people participated in the 2026 edition of Open Streets – Bucharest, Urban Promenade, according to municipal cultural center ARCUB. The program ended on October 11 after running for 24 weekends. Organized by the Bucharest City Hall through ARCUB, the project included 226 activities. These comprised more than 100 workshops and interactive…