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Tech startup Pluria, launched in September 2020 in Romania and Spain by entrepreneur Andrei Crețu, announced that it has attracted USD 2 million in a new funding round led by Sparking Capital. The round was also joined by Crescendo Ventures, the Madrid-based fund Empty Ventures, and a group of angel investors.  In May 2023, Pluria…

Engie announced the launch of Engie Global Business Services Romania, a new local subsidiary that will provide specialized internal support services for the group’s international operations. The investment is aimed at supporting the company’s digital transformation strategy and expanding Romania’s role as a regional hub for high-value business services. The new center, headquartered in Bucharest,…

Road crews have started snow removal operations on Romania’s iconic Transfăgărășan mountain road, authorities announced Monday, May 11. The high-altitude section between Bâlea Cascadă and Bâlea Lake is closed to traffic during the winter season. The Regional Directorate of Roads and Bridges Brașov (DRDP Brașov) said snow clearing operations have begun on the DN7C national…

The political crisis in Romania and the difficulty of forming a new pro-European government pose major risks to fiscal consolidation, foreign exchange market stability, and absorption of European funds, Erste analysts warned in a report cited by Economedia.ro. Erste’s current forecast indicated economic growth of only 0.3% in 2026 and an increased risk of a…

Romania’s trade deficit has narrowed for the fourth consecutive quarter, by 9.3% y/y to EUR 7.7 billion in Q1, 2026, according to data published by the statistics office INS. The deficit to GDP, calculated based on the latest available GDP data and in comparable terms, dropped to 2.0% in Q1 this year, from 2.4% in…

Romania’s Senate approved legislation granting a series of tax incentives for companies in the domestic chemical industry using natural gas as feedstock, as authorities seek to encourage higher-value industrial processing of the country’s gas resources. The bill, which now heads to the Chamber of Deputies for a final vote, is backed by both governing and…

The first phase of the large-scale reconstruction of the Unirii Square underground slab structure has been completed less than a year after works began, local authorities announced. Traffic from Halelor Street toward Splaiul Independenței is expected to reopen in the coming days following the completion of the section near Hanul lui Manuc. According to the…

Romanian president Nicușor Dan is expected to hold official consultations with parliamentary parties later this week as efforts continue to form a new government following the collapse of the pro-European ruling coalition. According to political sources cited by Digi24, the president is currently analyzing four possible governing scenarios, including minority and technocratic cabinets. The consultations…

Twenty-two films and documentaries from around the world directed by first- and second-time directors will compete for the top prizes during the 25th edition of the Transilvania International Film Festival, taking place in Cluj-Napoca from June 12 to 21, 2026. Twelve films will vie for the coveted Transilvania Trophy and other accolades in the Official…

Dona Group, which operates the pharmacy chain Dona and a pharmaceuticals distribution division, posted a consolidated turnover of EUR 746 million in 2025, up 24% compared to the previous year, the company said. Its retail division, represented by the pharmacy chain Dona, posted a 19% increase, while its distribution division saw a 29% increase. For…