Category: Uncategorized
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Romania’s new public sector Wage Law faces broad union opposition
Romania’s draft Wage Law for the budgetary sector has failed to secure explicit support from most major trade unions, with employee organisations criticising proposed pay levels and restrictions on bonuses as the government seeks to complete a milestone under the National Recovery and Resilience Plan (PNRR). Most unions, with the notable exception of SindFISC, which…
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Romanians’ consumption of services shrinks by 9.1% y/y in H1
The volume of services rendered to Romanian households shrank by 9.1% y/y in the first half of the year (H1), a slight improvement from -9.9% y/y reported in Q1, according to the statistics office INS. For the same period last year, INS reported a marginal 0.2% y/y advance. The decline in services consumption came alongside…
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Romanian Adrian Văncică wins Best Actor award at Sarajevo Film Festival
Romanian actor Adrian Văncică won the Heart of Sarajevo for Best Actor at the 32nd Sarajevo Film Festival for his leading role in Florin Șerban’s You Don’t Belong Here (Nu e locul tău aici). The award follows the film’s Golden Leopard win at the Locarno Film Festival earlier this month. The Sarajevo jury praised Adrian…
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CNAB plans anti-drone systems for Bucharest airports
The Bucharest Airports National Company (CNAB) plans to acquire integrated systems for detecting, identifying, tracking, and neutralizing unauthorized drones at Henri Coandă International Airport in Otopeni and Aurel Vlaicu International Airport in Băneasa. The company has launched a market consultation to estimate the budget for the future procurement, Agerpres reported. The planned acquisition would also…
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Two more Romanian companies to join FTSE Global All Cap indices
FMCG distribution group Aquila Part Prod Com (BVB: AQ) and cold cuts producer Cris-Tim Family Holding (BVB: CFH) will join the FTSE Global All Cap indices from September 21, 2026, taking the number of Romanian companies represented in the benchmark to 10 for the first time, according to indicative results of FTSE Russell’s semi-annual review…
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Romania races to complete 3,000 PNRR projects before August 31 deadline
Romania has more than 3,000 projects financed through the National Recovery and Resilience Plan (PNRR) still awaiting completion and reception, with less than two weeks until the August 31 deadline, interim prime minister Ilie Bolojan said on August 21. The number has fallen from about 4,500 projects identified as outstanding on August 13. The government…
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Romanian company opens EUR 7.4 mln glass recycling plant with RRF financing
Romanian company ABS 2000 has inaugurated a glass recycling plant in Buzău with an annual processing capacity of 80,000 tonnes, following an investment of about EUR 7.4 million supported by financing from the EU-funded Recovery and Resilience Facility (RRF), according to Agerpres. The facility is among the largest investments in glass recycling capacity in Romania…
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Romanian authorities strive to bring online Cernavoda nuclear power plant
The Romanian water management company Apele Romane will build a dam to increase the level of the Danube at Cernavoda nuclear power plant after dredging works with the same purpose, while the state-controlled company Hidroelectrica has released more water from its Olt River hydropower plants to help the nuclear company bring online faster at least…
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Romania’s real estate investment volume falls to EUR 300 million in H1 2026 – report
Romania’s real estate investment market recorded transactions worth approximately EUR 300 million in the first half of 2026, down from around EUR 400 million in the same period last year, according to a Colliers report. The consultancy estimates that the full-year volume could approach EUR 1 billion if several large transactions currently underway are completed.…
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Romanian animated short film selected in UK’s Official Encounters Competition
Happy New Year, the Romanian animated short film directed by Radu Gaciu and produced by Adriana Bumbeș through Ariadna Films, has been selected for the Official Competition of the Encounters Film Festival. The film will have its world premiere on September 23, 2026, at Watershed in Bristol. The film, set in 2009 in Romania, follows…