Category: Uncategorized
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Romania to cut excise duty on diesel, charge windfall tax on oil companies
Prime minister of Romania, Ilie Bolojan, announced on March 30 in an interview with Digi24 that the government will reduce the excise duty on fuel in the coming period to support buyers. The final decision will be taken by the end of the week and applied next week, in parallel with other interventions already taken…
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Romania awaits S&P sovereign rating decision this week
Romania is set to receive a closely watched sovereign rating review from S&P Global Ratings on April 3, a key event for the country’s economic outlook this spring. While analysts expect no change to the current rating or outlook, attention is focused on the agency’s assessment of rising fiscal and external risks, according to data…
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Romania faces tougher economic outlook in 2026 amid Middle East tensions, PM warns
Romania is likely to face a more difficult economic year in 2026 than previously expected, prime minister Ilie Bolojan said, citing global instability and rising prices linked to tensions in the Middle East. He warned that higher costs could lead to a mild economic contraction. Speaking on Digi24, as quoted by Agerpres, Bolojan pointed to…
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Romania begins design phase for 64 km of A8 motorway
Romania has launched the design phase for an additional 64 km of the A8 Târgu Mureș-Târgu Neamț motorway, marking a key step in connecting the regions of Transylvania and Moldova. The move brings the entire mountainous section between Sărățeni and Pipirig into the design stage, transport minister Ciprian Șerban said. The contracts, managed by the…
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International Shakespeare Festival in Craiova returns with new edition in May
The Craiova International Shakespeare Festival announced its official selection for the 2026 edition and opened ticket sales for performances and access to the popular Shakespeare Village. The event will take place between May 21 and 31. Over 11 days, Craiova will host productions inspired by the works of William Shakespeare, with performances staged across multiple…
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Romanian dancers take first place at WDSF GrandSlam in Blackpool
Romanian dancers Rareș Cojoc and Andreea Matei have won first place at the World Dance Sport Federation (WDSF) GrandSlam, held in Blackpool, United Kingdom, on March 27 – 28. This adds to the pair’s track record, which includes a series of wins at events in Wuxi, Stuttgart, and Rome last year. “From the delicate slow waltz, to…
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Classic for Kids brings concerts, workshops for children to seven counties in Romania
This year’s edition of Classic for Kids, an educational project aiming to facilitate encounters with classical music, will cover 22 concerts and musical workshops adapted for children, in seven counties in Romania. The project will reach, in April and May of this year, schools and communities in the counties of Cluj, Alba, Sălaj, Botoșani, Suceava,…
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Bucharest City Hall plans full inventory of city-owned properties
Bucharest City Hall has launched its first comprehensive inventory of municipal assets in more than three decades, aiming to create a unified database of all buildings, land, and garages owned or administered by the city. The initiative is intended to assess their condition and identify ways to reintegrate them into the local economy, the authorities…
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KFC expands in Moldova as Sphera Franchise Group opens first unit in Bălți
Sphera Franchise Group, the largest food service operator in Romania, opened the first KFC restaurant in Bălți, marking the brand’s fourth unit in the Republic of Moldova. The new location required an investment of roughly EUR 650,000 and spans around 170 sqm. The restaurant is located in the food court of the EviMall shopping center.…
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Hotel in downtown Bucharest to close for renovation, rebranding
Europa Royale Bucharest hotel, located in the city’s Old Town, will temporarily close its doors beginning March 31 for renovation works and rebranding, Lithuanian operator Apex Alliance Hotel Management announced. The works will allow the property to upgrade its facilities and services, the company said, while the reopening date will be announced as the project…