Category: Uncategorized
-
Romanian court lifts seizure on Nordis properties in Mamaia worth over EUR 100 million
Judges at the Bucharest Court of Appeal admitted the appeals filed by infamous real estate developer Nordis Management SRL and Nordis Mamaia SRL and ordered the lifting of the precautionary measures previously imposed by DIICOT prosecutors on Thursday, October 15. The decision concerns the residential and hotel complex in Mamaia, whose premises and apartments had…
-
Romanian president highlights Bucharest green belt in sustainable development message
Romanian president Nicușor Dan called for nature protection to be permanently integrated into public policy and economic development in his opening message to the Climate Change Summit 2026 on Wednesday, October 14. The message was delivered at the Palace of Parliament by state adviser Ștefania-Georgiana Simion. President Dan said Romania needs secure and affordable energy,…
-
Romania’s Culture Ministry revives study, creative scholarships after two decades
Romania’s Ministry of Culture is set to re-establish the mobility fund for study and creative scholarships starting in 2027, after almost two decades. Each scholarship will be worth RON 10,000 (EUR 1,873), and the funding can also be used for training, travel, artistic residencies, and creative activities. According to the initiative, study scholarships include scholarships…
-
World Class Romania opens EUR 3 mln fitness club at One High District
World Class Romania, a major player in the health & fitness industry in the country, announced the opening of its club at the One High District complex in Bucharest, developed with a EUR 3 million investment. According to the company, the new club was developed to bring fitness, assessment, recovery, wellness and longevity solutions together…
-
Romania’s Dedeman replaces Praktiker signs across Greece
Stores belonging to the Praktiker Hellas chain have begun replacing their signs with the name “Dedeman,” according to moneyreview.gr. The name change, which is also accompanied by extensive renovations, is starting with the company’s flagship store in Tavros, a suburb of Athens. In the coming period, the name change and renovations will continue at the…
-
Two vessels reportedly hit by drones near Romanian territorial waters, crew missing
The first ship hit was Yara J, an empty oil tanker, hit on Wednesday, October 14, possibly by a drone, in Romanian territorial waters. Empty oil tanker on fire The ship had been anchored approximately nine nautical miles (around 16.7 km) from the coast, according to the Maritime Rescue Coordination Center (MRCC), when a fire…
-
Romania’s industrial and logistics leasing falls 30% after record year – report
Industrial and logistics leasing transactions in Romania totaled approximately 450,000 sqm in the first nine months of 2026, down around 30% from the same period last year. Despite the decline, activity remained close to the 10-year average and more than 40% above the 2017-2019 average. “It is important to put these figures in the context…
-
Study: 42% of older Romanian employees willing to work past retirement age
More than four in ten Romanian employees aged 55 and older would consider continuing to work after reaching the statutory retirement age, the study found. At 42%, the share was above the European average of 32%. Among Romanian employees under 35, 34% said they would consider working beyond retirement age, compared with just over one…
-
Romanian General Prosecutor’s Office confirms in rem investigation into canceled 2024 presidential election
Romania’s General Prosecutor’s Office confirmed on Wednesday, October 14, that it opened a criminal case in July related to the annulment of the 2024 presidential election, Agerpres reported. The decision followed more than 600 complaints submitted by an association. “Following the submission by an association of more than 600 complaints in the context of the…
-
Romania’s political crisis nears end as Social Democrats opt to form minority cabinet
With 11 of the 17 ministers and the deputy prime minister’s post, the PSD will dominate the cabinet, while most of the other ministers have been or will be informally nominated by president Nicușor Dan, who reportedly accelerated the government formation process the previous day by warning of early elections unless Niculescu secured the necessary…