Category: Uncategorized
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Romania is CEE’s second-largest modern retail market but still has lowest density – report
Romania has the second-largest modern retail stock in Central and Eastern Europe (CEE) after Poland, yet remains the region’s least dense market per capita, according to a Cushman & Wakefield Echinox report published for Q4 2025. Developers are continuing to expand, with projects totaling more than 750,000 sqm planned or under construction through 2029. If…
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Romanians among EU citizens most favorable to dictatorship, poll says
Romanians are among the top European nations that would prefer a dictatorship instead of democracy, according to a survey conducted by AboutPeople at the request of ProgressiveLab and cited by Politico. However, nearly 70% of Europeans said they would reject an authoritarian regime. Conducted in five European countries with different democratic traditions, the study appears…
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Romania’s National Bank anticipates “collapse of inflation,” revises end-2026 forecast to 3.9%
Romania’s National Bank – BNR has revised its inflation forecast for the end of 2026 upward to 3.9%, from 3.7% previously, and anticipates that it will reach 2.7% by the end of 2027, according to data presented on Wednesday, February 18, by governor Mugur Isărescu. According to the central bank head, Romania will see “a…
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EU registers ‘Batog de sturion’ as Romania’s 16th protected traditional product
The European Commission has officially registered Batog de sturion as a Protected Geographical Indication (PGI), becoming the 16th Romanian product recognised at the EU level, the Ministry of Agriculture announced. The new product is made from back fillet of sturgeons from aquaculture, which, the EC said, “possess desirable characteristics, as their diet resembles that of…
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Romanian interior minister meets with FBI head Kash Patel to talk joint teams
Romania’s interior minister, Cătălin Predoiu, met with Kash Patel, the director of the Federal Bureau of Investigation (FBI), in Washington on Tuesday, February 17. Talks between the two covered operational cooperation methods within joint MAI – IGPR – DGPI – FBI teams for the fight against international organized crime groups. It is the second time…
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Romania’s Constitutional Court clears magistrates’ pension reform
The Constitutional Court (CCR) ruled on Wednesday, February 18, that the law reforming magistrates’ pensions is constitutional, rejecting a challenge filed by the High Court of Cassation and Justice, Biziday.ro reported. The legislation raises the retirement age to 65 over a 15-year transition period and reduces pensions to a maximum of 70% of the last…
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Cluj-based software developer unveils first cruise missile developed by a Romanian private company
Romanian software developer OVES Enterprise officially presented the Sahara Autonomous System project on Tuesday, February 17. The project represents the first cruise missile developed by a private company in Romania. Announced in November 2025, the project has reached an advanced stage of development. Sahara was conceived as an integrated system. The hardware architecture and its…
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French reinsurer SCOR opens first office in Romania
SCOR, the France-based reinsurer that just entered the Romanian market, selected Business Garden Bucharest for its first office in Romania, where it occupies a space of 2,320 sqm, developer Vastint announced. SCOR offers a diversified range of reinsurance and insurance solutions and services to control and manage risk. The group generated premiums of EUR 20.1…
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Romania’s population drops by over 4 million in 35 years, analysis shows
Romania’s population has fallen by more than 4.16 million people over the past 35 years, driven mainly by emigration, according to an analysis published by the head of the National Institute of Statistics (INS), Tudorel Andrei, and quoted by Agerpres. External migration accounted for 63% of the decline, while negative natural growth represented 37%. The…
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Male bobsleigh team registers Romania’s best Winter Olympic Games results in 34 years
Bobsledders Mihai Cristian Tentea and George Iordache achieved Romania’s best result at the Winter Olympic Games in the past 34 years, finishing 5th in the men’s two-man bobsleigh event on Tuesday, February 17, in Milan-Cortina. Tentea and Iordache maintained the position they held after the first two runs, but they could have hoped for more…