Category: Uncategorized

Romanian businessman Vladimir Ciorbă, investigated in the now-famous Nordis case together with former Social Democratic deputy Laura Vicol, is now permitted to leave the country after judges lifted the judicial control measure.  The controversial real estate developer Nordis, operating in some of Romania’s prime residential and commercial areas, collected nearly EUR 200 million through a…

King Charles III’s House in Viscri, the famous village in Romania’s Transylvania region, has unveiled a new exhibition dedicated to celebrated Romanian artist Constantin Flondor, marking another milestone in the site’s mission to link heritage with contemporary art. Garden Empire/Împărăția Grădinii opened on August 19 and will remain on display until November 2. Curated by…

In a period marked by social and economic tensions, most employees in Romania want to grow more and faster both professionally and personally. Nearly 60% believe that employers could make greater efforts to support their development, according to a Genesis Property survey conducted in the first half of 2025 on a nationally representative sample of…

Romanians remain worried about job security amid economic uncertainty, with many lacking financial safety nets and expressing doubts about their chances of quickly finding new employment, according to a new survey conducted by OLX Locuri de Muncă.  Only one in three respondents said they consider their current job secure in the long term, while 29%…

West Group announced that it finalized the full acquisition of the iResidence residential project in northern Bucharest, ensuring that development continues without disruption and with strengthened financial backing. The project comprises 520 apartments with underground parking and storage facilities. Following the takeover, construction remains on schedule, with the first phase of 260 apartments already structurally…

Bucharest’s interim mayor, Stelian Bujduveanu, announced on Tuesday, August 19, the launch of a large-scale urban regeneration project around Gara de Nord, the capital’s busiest railway station. The plan, developed in partnership with the Ministry of Transport and the District 1 City Hall, aims to transform the degraded transport hub into a modern intermodal node,…

Save Romania Union (USR) has discussed with prime minister Ilie Bolojan (Liberal Party, PNL) about the organization of local elections in Bucharest in November, given his position as head of government and also as PNL president, sources told G4media.ro. USR seems to be the sole ruling party interested in speeding up the elections, which are…

The Israeli company Econergy, one of the most important investors in renewables in Romania, announced that it has officially connected a new 87 MW photovoltaic park located in Oradea to the Romanian electricity grid and announced plans for a 68 MW storage facility at the project site, according to Economica.net. This brings the company’s connected…

Romania’s courier industry recorded revenues of RON8.1bn ($1.78bn) in 2024, up 17% year on year, according to data from the SMARTreports platform powered by Bridge-to-Information, Ziarul Financiar reported. The sector added RON 1.1 billion (EUR 220 million) in revenues compared to 2023, marking one of its strongest years of growth. Despite higher turnover, profitability slightly…

Consultations were held between the government, trade unions, financial markets regulator ASF, and the financial institutions involved, about the draft project for the disbursement of pensions under the pillars II and III. The consultations followed public protests to the draft law inked by ASF and promoted by the government, particularly regarding the ban on complete…