Category: Uncategorized
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Romanian tram manufacturer Astra Vagoane Călători to produce railcars for NATO
Astra Vagoane Călători, a company specializing in the manufacturing of tram cars located in Arad, western Romania, will soon sign a contract for military and passenger railcars with the North Atlantic Treaty Organization, or NATO, according to the main shareholder of the factory, Valer Blidar. In statements made on Tuesday, May 12, Blidar said that…
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Contract signed for Romania’s new 849-bed Cluj Regional Emergency Hospital
The contract for the construction works of the Cluj Regional Emergency Hospital, one of Romania’s largest healthcare infrastructure projects in recent decades, was signed on Tuesday, May 12. The future hospital, which will have more than 840 beds, is expected to be completed by the end of 2029. The contract signing ceremony took place at…
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Romania’s economy contracts 1.7% YoY and 0.2% QoQ in Q1 2026
The Romanian economy declined in the first quarter of the year by 1.7% on the gross series, compared with the same period in 2025, and by 1.5% on the seasonally adjusted series, according to flash estimates published Wednesday, May 12, by the National Institute of Statistics. The same source noted that compared with the last quarter…
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Romania’s annual inflation jumps to 10.7% in April
Romania’s annual inflation rate climbed to 10.7% in April 2026, marking a sharp increase after eight consecutive months with price growth above 9%, according to new data published by the National Institute of Statistics. Electricity, fuel, and rent prices recorded some of the steepest increases. In March, the annual inflation was 9.9%. The rate from…
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RoEM report predicts 0.5% economic contraction in Romania this year, driven by political crisis
Experts of Babes Bolyai University in Cluj-Napoca, compiling the Romanian Economic Monitor (RoEM), forecasted economic contraction of 0.5% this year amid political instability, a sharp revision from the 0.2% growth projected after the chronicisation of the Middle East war and a more optimistic 0.8% growth set at the beginning of the year. The economy will…
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Romanian currency remains under depreciation pressure despite recent correction
Analysts have revised upward their forecasts for the Romanian leu’s exchange rate following political turmoil and capital outflows in recent weeks, although most projections still imply further real appreciation of the currency after years of nominal stability amid elevated inflation. The leu weakened rapidly during the latest wave of market tensions, briefly approaching RON 5.3…
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Arad municipality in western Romania to cut public transport fee to RON 1 per day
The municipality of Arad, in western Romania, will cut the public transport fee, including the utilisation of trams and buses, to RON 1 (under EUR 0.2) per day, in an attempt to discourage the utilisation of personal cars and achieve lower air pollution, according to Agerpres. The municipality also announced new trams, produced locally in…
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Higher inflation outlook damps demand for Romanian retail state bonds
The demand for retail state bonds under the May issue of the Fidelis scheme operated at Bucharest Exchange until May 15 is weaker than in previous months, according to Profit.ro. The monthly issue is likely to end with a new record low outcome, after low results posted in February. In May, the Treasury cut the…
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Moldova qualifies for Eurovision 2026 final, Romania prepares for second semi-final
The Republic of Moldova has qualified for the grand final of the Eurovision Song Contest 2026 after advancing from the first semi-final held in Vienna on Tuesday, May 12. Romania is set to compete on Thursday in the second semi-final, represented by Alexandra Căpitănescu with the song “Choke Me.” The first semi-final of Eurovision 2026…
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Romanian president holds working meeting with NATO chief, Polish leader ahead of B9 Summit in Bucharest
Romanian president Nicușor Dan held a working meeting on Tuesday, May 12, with NATO secretary general Mark Rutte and Polish leader Karol Nawrocki ahead of the Bucharest Nine (B9) Summit. Discussions focused on regional and Euro-Atlantic security, the war in Ukraine, and defense spending commitments. The meeting took place one day before the 11th edition…