Category: Uncategorized

In Romania, only 53.3% of young people between the ages of 16 and 24 have at least basic digital skills, the second lowest level in the European Union, ahead of Bulgaria (52.8%), according to Eurostat. The European average is 74.6%. Romania continues to lag behind most European countries in terms of the digital literacy of…

Sphera Franchise Group announced the opening of Romania’s first KFC restaurant operating exclusively in a delivery and takeaway format, investing approximately EUR 420,000 in the new unit in Popești-Leordeni, near Bucharest. The opening is the company’s fourth KFC launch this year and brings the chain’s network in Romania to 112 restaurants. Located in the La…

Romania’s finance minister Alexandru Nazare continued technical discussions with international rating agencies on July 16, meeting representatives of Moody’s in Bucharest as the country seeks to preserve its investment-grade sovereign rating. “The next couple of weeks are extremely important for maintaining Romania’s investment-grade status,” Nazare said in a Facebook post after the meeting. Moody’s is…

The Danube River reached its lowest flow in the past 30 years on Thursday, July 16, prompting irrigation restrictions in southeastern Romania, according to the Romanian Waters National Administration. Water levels are expected to continue declining over the next several days before recovering early next week. The river’s flow at Baziaș, where the Danube enters…

TUI Romania, part of global tourism group TUI, has opened its first physical travel agency in Romania, located in the Sun Plaza shopping centre in Bucharest, as the company expands its presence on the local market, according to Ziarul Financiar. The launch comes as Romanians’ spending on foreign travel services continues to increase. Expenditure on…

The European Investment Bank (EIB) has approved an EUR 800 million loan for the refurbishment of Unit 1 at Romania’s Cernavodă nuclear power plant, providing a major financing boost for one of the country’s largest strategic energy projects, state-owned nuclear producer Nuclearelectrica (BVB: SNN) announced on July 16. The total cost of the rehabilitation is…

Romania and Serbia have signed a memorandum of understanding to exchange information on the proposed Djerdap 3 (Iron Gates 3) pumped-storage hydropower project, with Romanian authorities stressing that any future development must not affect the operation of the existing Iron Gates hydropower plants jointly operated by the two countries. The memorandum establishes a framework for…

Several Romanian public online services have been disrupted in recent days following cyberattacks, affecting the platforms used for cadastral services and the management of European Union-funded projects, according to Hotnews.ro and Digi24.ro. Phishing campaigns were also reported. The affected platforms are the National Agency for Cadastre and Land Registration (ANCPI) and the Ministry of Investments…

The representatives of the pro-Western parties in Romania reportedly agreed on the new Urban Planning Code upon consultations mediated by the Presidency on July 16. Passing the bill is a milestone under the National Relaunch and Resilience Plan (PNRR) with a EUR 1.1 billion grant attached and must be done in parliament by the end…

US support has played a crucial role at key moments in Romania’s modern history, president Nicușor Dan said on Thursday, July 16. He made the remarks at the opening of an exhibition in Bucharest marking the 250th anniversary of the adoption of the US Declaration of Independence. The exhibition, USA-Romania. History, Diplomacy and the Road…