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The Foreign Direct Investment Review Commission (CEISD), a body supervised by the Romanian government in charge of screening significant foreign investments for security impact, has not cleared the sale of E.ON’s electricity and gas supply subsidiary to Hungarian state-owned energy company MVM, according to sources familiar with the decision consulted by Economica.net.  The Supreme Council…

The macroeconomic confidence index compiled by CFA Society Romania based on a survey among its members improved by 5 points in July compared to June, entirely driven by better expectations (+8.6 points), but the current conditions component (-2.2 points) reached the lowest value in the past years and both components remain deep in the “negative”…

Bucharest has cemented its place as the most expensive city in Romania for renters, with price gaps between luxury and working-class districts reaching as much as EUR 2,500 a month, according to an analysis by Imobiliare.ro, quoted by news agency Agerpres. In Primăverii, for example, the capital’s most exclusive neighborhood, monthly rents average EUR 2,900,…

Romania saw an increase in newly established companies that far exceeded the EU average in the second quarter of 2025, according to data published on Monday, August 18, by Eurostat. According to these data, from the first quarter to the second quarter of 2025, the largest increases in the establishment of new companies among EU…

President Nicușor Dan, currently on holiday with his family in the Romanian mountains, appealed to Romanians to spend their holidays in the country. In a video posted on social media, he said that the most beautiful places he visited are those in Romania. “The most beautiful places I have visited with my family are those here,…

A new interactive map is bringing Romania’s street art scene into focus, documenting murals and urban art interventions across major cities and smaller towns. The Romanian Street Art Map highlights works from Bucharest, Cluj-Napoca, Iași, Timișoara, Sibiu, Constanța, Brașov, Craiova, Ploiești, Bacău, Reșița, and even seaside destinations such as Vama Veche, offering both locals and…

BT Arena, in Romania’s Cluj-Napoca, is set to host a disco and eurodance blast from the past with internationally famous bands during the DISCOTECA ‘80-’90 event in September. Vengaboys, Blue, Mr. President, 2 Unlimited, Bonnie Tyler, Boney M with Liz Mitchell & Band, Samantha Fox, Sabrina, and others will take the stage during the third…

Bucharest will see extensive traffic restrictions on August 31 as the capital hosts the fourth edition of L’Étape Romania by Tour de France. Several major boulevards and central streets will be closed between 07:00 and 14:00 to allow more than 2,500 cyclists to take part in the event, the organizers said. The closures will affect…

Districts 2, 3, and 4 in Bucharest are without hot water as of the time of writing due to a major breakdown that occurred on Sunday, August 17, on a main pipeline of the city’s public heating system. The pipeline is located in central Bucharest, at the intersection of Mihai Bravu Road with Splaiul Unirii, under…

UNTOLD X, the 10th anniversary edition of Romania’s largest music festival, generated more than EUR 120 million for the local economy in Cluj-Napoca and surrounding counties, according to figures released after the event. Over 470,000 people attended the four-day festival, filling hotels and restaurants to capacity and creating a significant boost for local businesses, the…