Category: Uncategorized
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Brâncuşi. The Syndrome: Bucharest exhibition traces sculptor’s influence in Romanian art
Brâncuşi. The Syndrome, an exhibition tracing the impact of Constantin Brâncuşi in local art, is set to open this week at the National Museum of Art of Romania (MNAR). The show, marking the 150th anniversary of the birth of Brâncuși, is meant to offer the public a different perspective on the influence of his work.…
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Romanian Forecasting Commission cuts projected 2026 GDP growth to 0.1%, ups inflation
Romania’s National Commission for Strategy and Forecasting published a projected economic growth of just 0.1% for 2026, down from 1% in the previous forecast. GDP is therefore projected at RON 2.056 billion, compared to RON 1.916 billion in 2025. Similarly, the institution upped its average annual inflation in 2026 to 7.9%. The Commission pointed to the…
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Historic Rosenthal Building on Bucharest’s Calea Victoriei to undergo RON 163 mln seismic retrofit
Rosenthal Building, a landmark interwar-era property on Bucharest’s Calea Victoriei classified in the highest seismic risk category, is set to undergo a major consolidation project worth RON 163 million. The investment will be financed through a combination of state funding and local government contributions, the City Hall announced. The building has been included on a…
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Chinese auto brands accelerate growth in Romania’s changing car market, analysis shows
Chinese car brands are rapidly gaining ground in Romania as consumers increasingly turn to electric vehicles and move away from diesel-powered models. Data from Autovit.ro showed demand for Chinese brands has surged nearly fivefold over the past year, making them one of the fastest-growing segments of the local auto market. According to the online automotive…
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Three tourists injured by bears on Romania’s famous Transfăgărășan mountain road in one day
Three people were injured by bears in two separate attacks on the Transfăgărășan high-altitude road on Monday, June 8. The victims endangered themselves by approaching the bear, despite numerous official warnings and even fines, Stirileprotv.ro reported. The first victims were two Portuguese spouses, aged 62 and 53, who wanted to take a photograph with the…
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At €10M+, intuition becomes expensive: Insights from Capital Decisions co-founder Florin Pop
Why financial structure is the hidden growth lever most SME founders are missing? Many Romanian founders build companies to €10M, €20M, even €30M in revenue and still feel that something is off. The product works, the team keeps growing, and the top line keeps climbing, but decisions feel slow, cash is always tight, and the…
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Romania’s Romgaz unlikely to restart fertiliser plant before Q2 2027
Romania’s state-owned gas producer Romgaz is unlikely to resume fertiliser production at the assets it agreed to acquire from Azomureș before the second quarter of 2027, according to an internal report prepared for shareholders and cited by Ziarul Financiar. Romgaz signed a contract on May 29 to acquire Azomureș’s production assets for about EUR 70…
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Romania’s largest PV park, developed by Nofar, comes online
The 169 MW PV park in Romania at Iepuresti (Giurgiu County), fully owned (100%) by Nofar Energy, is operational and is moving into the commercial operation stage, the investor announced in a LinkedIn post cited by Economica.net. The facility will become the largest of this type developed in Romania at this time, and will be…
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Romania’s competition body bases record fine against major banks mainly on “behaviour”
Speaking in a press conference and later for Europa FM, the president of the Romanian Competition Council, Catalin Chiritoiu, claimed that there is hard evidence revealing communication between the ten banks fined for collusion on ROBOR fixing, but he stressed that the decision was mostly based on the fact that the banks were able to…
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Romanian and Hungarian entrepreneurs invest EUR 10 mln to expand poultry operations in Transylvania
Poultry Investment, the owner of the Puiul de Crăiești brand, is investing EUR 10 million to expand its poultry processing capacity in Romania, aiming to increase output and the share of packaged products in sales, Ziarul Financiar reported. The company operates facilities in Mureș County and also owns farms in Brașov County. “The project aims…