Category: Uncategorized
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Romania boasts largest number of casinos after the US
Romania has 454 casinos, which places the country right after the United States, which hosts 2,147 such places and over 600 casino hotels, B1tv.ro reported. Bucharest ranks as the second city, after Las Vegas, in terms of the number of casinos per population. Thus, in the Romanian capital city, there operate 164 such units, which…
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Liberal candidate leads in poll for Bucharest mayoral elections
The candidate of the National Liberal Party (PNL) for Bucharest general mayor, Ciprian Ciucu, is two percentage points ahead of Daniel Băluţă, the representative of the Social Democrats (PSD) in the race, seen so far as the preferred one, according to a survey commissioned by the Liberal Party and published by Cotidianul.ro, as reported by…
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Foreign investors in Romania moderately optimistic but cautious
A still significant share of the foreign investors in Romania surveyed by the Foreign Investors Council (FIC), namely 40%, expect their markets to expand, while 47% expect stagnation, leaving a small share of investors undecided or pessimistic. The expectations for external demand are below average, with only 29% of those surveyed expecting higher exports and…
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Romania’s FMCG slows down to +1.1% y/y in Q3, NielsenIQ reports
The volume of fast-moving consumer goods rose by 1.1% y/y in Romania in the third quarter of the year, slowing down from 3.6% y/y in Q2 and 5.0% y/y in Q1, according to NielsenIQ’s report NIQ Consumer Outlook mid-2025, cited by Revistabiz.ro. The prices have increased by 3.5% y/y, accelerating only slightly from 3.3%-3.4% y/y…
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Romanian FinMin announces first review under EDP at November 13 EcoFin
The discussions on the 2026 public budget will begin towards the end of November, after the November 13 session of the Economic and Financial Affairs Council (EcoFin) that will include “a first review under the Excessive Deficit Procedure (EDP)” for Romania and the endorsement of the revised PNRR, finance minister Alexandru Nazare announced, according to…
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Romanian construction worker dies after medieval tower collapse in central Rome
A Romanian construction worker has died after being trapped for several hours under rubble following the partial collapse of the medieval Torre dei Conti in central Rome on Monday, November 3. The incident occurred during restoration work on the 13th-century tower, located near the famous Colosseum. Emergency services rescued the man late on Monday and…
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Romania eyes SAFE funding to revive Mangalia shipyard and boost defence production
Romania’s minister of economy Radu Miruță said on November 3 that a share of the funds allocated to the country under the European Commission’s Security Action For Europe (SAFE) programme could be used to revitalise the Mangalia shipyard and strengthen the country’s defence and transport infrastructure, Economedia.ro reported. “We are in discussions for armaments, the…
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Spain’s Telefonica reportedly ponders taking over Romanian peer Digi
Spanish company Telefónica is considering the acquisition of Digi Communications (BVB: DIGI) of Romania, active at home but also on the markets of Italy and Spain, in a deal that could significantly change the European telecommunications market, according to Ziarul Financiar, citing Spanish publications Mundo Plus and El Economista. The integration of the Romanian operator…
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Romanian energy minister announces USD 30 bln US investment deal and vows to curb ‘immoral’ market practices
Romania is nearing the conclusion of a “huge USD 30 billion” investment agreement with the United States covering nuclear, hydro, natural gas, and artificial intelligence-based technologies, energy minister Bogdan Ivan announced last week, according to Ziare.com and Mediafax.ro. The negotiations are in their final stages, he said. Speaking on Antena 1 television on November 3,…
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Far-right AUR and the Social Democratic Party top preferences in Romania, survey shows
Over a third of Romanians, around 35%, would vote for the opposition party Alliance for the Union of Romanians, or AUR, according to data from a CURS survey published on Sunday, November 2. A further 24% of votes would support the governing Social Democratic Party, or PSD. The two other parties included in the current…