Category: Uncategorized
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Over 20 trains cancelled in Romania as heavy snow shuts key rail routes
State passenger railway operator CFR Călători cancelled more than 20 trains on Wednesday, February 18, as heavy snowfall and blizzard conditions disrupted rail traffic across several regions. Meanwhile, trains departing from Bucharest have been registering delays of up to five hours. Authorities also closed rail circulation between Ploiești and Bucharest early in the morning after…
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Romanian media investigation reveals network facilitating fraudulent transfers of indebted firms
A new investigation by independent journalism platform Recorder titled “The Paradise of Tax Evaders,” published on Tuesday, February 17, revealed a network that allegedly facilitates the transfer of indebted companies to vulnerable individuals. The scheme involves transferring heavily indebted companies to homeless people for a fee, protecting the real owners from legal liability. This phenomenon…
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President Nicușor Dan confirms Romania’s role in global critical metals management chain
President Nicușor Dan stated on February 17 on public Radio Romania Actualități that Romania is involved in international discussions regarding the creation of a common mechanism for the management of critical materials, in partnership with the United States and the European Union, and at the Feldioara factory in Brașov County, a project to process some…
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Pinum opens wooden door and window factory in Romania
Pinum, a Romanian door and window manufacturer part of the Nusco group controlled by Italian entrepreneurs, is opening a new factory in Romania this year, an investment of EUR 14 million, according to Economica.net. The new Pinum factory in Moara Vlăsiei doubles the company’s production capacity and integrates sustainable solutions, including solar panels for energy…
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Romania keeps policy rate at 6.5%, signals minor adjustment to inflation outlook
Romania’s central bank BNR on February 17 maintained the policy rate at 6.5%, in line with expectations, and signalled minor adjustments to the inflation outlook to be updated on February 18. The expectations about the first interest rate cut, which has been maintained at this level since August 2024, range from May to August. The…
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Romanian president to replace 40–50 ambassadors, calls for stronger economic diplomacy
Romanian president Nicușor Dan announced that 40 to 50 ambassadors will be recalled and replaced in the coming months, arguing that the diplomatic corps needs stronger engagement in promoting economic interests abroad. Speaking on Radio România Actualități (RRA) on February 17, the head of state said the recalls would take place in March, with new…
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President Dan sees Romania’s ruling coalition as fully functional
In an interview with Radio România Actualităţi before his three-hour meeting with the leaders of the ruling coalition on February 17, Romanian president Nicusor Dan described the consultations as routine, or “business as usual.” He said that even if it takes more time, the decisions will be made eventually. “I see no reason why this…
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Romania’s real estate market shrinks by 30% in 2025
The total transaction volume in 2025 reached approximately EUR 525 million, almost 30% below the level in 2024, when the market reached EUR 750 million, according to Profit.ro. This decrease does not indicate a lack of interest from investors, but is the result of the postponement of major transactions and, secondarily, of the domestic political…
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Major snowstorm disrupts road, rail and air traffic in Romania, Bucharest among hardest hit
A major snowstorm swept across southern and eastern Romania, disrupting transport nationwide and prompting emergency warnings in the capital on Wednesday morning. Bucharest and the surrounding Ilfov county were among the hardest hit areas, where heavy snowfall was forecast to reach up to 50 cm. The National Meteorological Administration (ANM) issued nowcasting red warnings for…
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Documentary Mondays: Program returns to Czech Center in Bucharest next week
Four documentaries on topics such as identity, memory, responsibility, and courage will be screened at the Czech Center in Bucharest as part of the upcoming edition of the Documentary Mondays program. The program opens on February 23 with Simona Constantin’s Caliu. Nothing else, what more could I do?, a portrait of fiddler Gheorghe “Caliu” Anghel, nicknamed…