Category: Uncategorized

The Social Democratic Party (PSD) on September 3 came up with a counter-proposal to prime minister Ilie Bolojan’s plan for a 10% cut of the local administration staff as of January 2026, accepting a 25% personnel reduction – but gradually, over a period of four years, according to G4media.ro. It is not clear when the…

Civil engineering works on the infrastructure required for the implementation of the Cernavodă NPP Unit 1 Refurbishment Project kicked off on Wednesday, September 3, following the release by the National Commission for the Control of Nuclear Activities (CNCAN) of the construction permit for the Intermediate Radioactive Waste Repository intended for the handling, processing and intermediate…

The state representatives in the Extraordinary General Assembly of Nuclearelectrica (BVB: SNN) abstained from the vote, thus at least deferring the participation of the Korean investment fund DS Private Equity as a shareholder in the RoPower Nuclear project company for the small modular reactor (SMR) nuclear power plant in Doicești, Economica.net reported. RoPower Nuclear is…

Oresa Industra, the real estate division of the Swedish group Oresa, has obtained the building permit for a new extension of the Industra Park Iaşi logistics park in Letcani, with an area of ​​15,000 sqm, Ziarul Financiar reported.  The new spaces will be delivered in the first part of next year, raising the total leasable…

The minimum turnover tax (IMCA) for companies with a turnover above EUR 50 million, which the government was planning to replace but changed its mind and kept in place under the second package of budgetary reforms, is not addressing tax evasion but is hindering investment, hence economic growth, the business community argued in a joint…

Romania’s government bond yields have risen sharply in recent weeks, with the most pronounced increases seen in medium- and long-term maturities, Cursdeguvernare.ro reported. The move reflects both regional market dynamics and domestic inflation pressures following the government’s fiscal corrective measures. Yields on 5- and 10-year bonds in the secondary market now stand at 7.6%, significantly…

European Council president António Costa praised Romania as a cornerstone of Europe’s defense during a visit to Bucharest on Wednesday, September 3, stressing that the security of the European Union depends on the resilience of its Eastern border. “All Europeans know very well that our security depends on the security on our Eastern border. And…

Art Safari kicks off another edition, world music is celebrated at dedicated festival Balkanik, while museums in rural areas are under the spotlight this weekend. In Bucharest: George Enescu International Festival Until September 21 The 27th edition of the event is held under the theme of Anniversaries / Celebrations, a tribute to great musicians. Among…

A total of 67% of Romanians believe that the country has benefited from EU membership. The main reasons are that the EU offers Romanians new job opportunities (39%), it improves the citizens’ standard of living (26%), and contributes to economic growth in the country (24%), the latest Eurobarometer survey by the European Parliament showed. Furthermore,…

Luka Zivkovic (pictured right) has been appointed general manager of Bonapp, now part of Munch, the Central and Eastern Europe app dedicated to reducing food waste.  With a track record in business development and commercial strategy, Luka has been based in Romania since 2016. He takes over from Diego Roy de Lachaise, who is stepping down…