Category: Uncategorized
-
Bookfest kicks off in Bucharest with special book launches, events and more
The International Book Fair Bookfest, now in its 18th edition, opened its doors on Wednesday, May 28, at Romexpo in Bucharest, with a varied program of book launches, debates, and other events. The fair will be open until Sunday, June 1. Visitors to Bookfest will have nearly 160 booths to see. Publishers have prepared special…
-
Romanian productions in the spotlight at dedicated Transilvania Film Festival section
The 24th edition of the Transilvania International Film Festival (TIFF) in Cluj-Napoca is set to spotlight the most powerful Romanian films of the year, with the Romanian Days section showcasing a record number of documentaries and high-profile premieres. Eight feature films — six of them documentaries — and 20 short films will compete for the…
-
Romania needs to build. Collaboration – a strategic necessity for this sector
The construction sector in Romania is going through a period of contradictions: on one hand, there is an acute need for development – infrastructure, housing, hospitals, schools. On the other hand, major projects are often delayed, hindered by administrative bottlenecks, labor shortages, or – less discussed but equally essential – the lack of genuine collaboration…
-
Report: Mortgage market in Romania to top EUR 5 bln in 2025, driven by Bucharest region
Bucharest and its surrounding Ilfov county are expected to account for more than one-third of all mortgage loans granted in Romania in 2025, as the nationwide mortgage market is set to surpass the EUR 5 billion threshold, according to a report from online broker Ipotecare.ro and mortgage lending company SVN Credit Romania. The report estimates…
-
Prosecutors extend probe on fascist rhetoric of Romanian isolationist politician Călin Georgescu
The General Prosecutor’s Office announced on May 27 the extension of the criminal prosecution against Călin Georgescu for the crime of publicly promoting the cult of persons guilty of committing crimes of genocide against humanity and war crimes, as well as the act of publicly promoting fascist, legionary, racist or xenophobic ideas, concepts or doctrines,…
-
Romanian president reportedly invited to Washington during phone call with Donald Trump
Romanian president Nicușor Dan had a phone call with US president Donald Trump on the evening of May 27, according to sources quoted by Digi24. The discussion lasted about 10 minutes, and the American president reportedly invited Nicușor Dan to visit Washington. The main topics of discussion between the two leaders were regional security, energy, and…
-
Nine Romanian companies get EUR 200 mln grants for investments
The Romanian Ministry of Finance has approved state aid worth RON 1.01 billion (EUR 200 million) for nine companies under the regional development scheme established by Government Decision No. 300/2024, according to an official announcement. The financial support covers investment projects submitted between July 29 and September 9, 2024, during the first online application session. …
-
Romania’s Petrom and Romgaz to capture and store 20% of EU’s 50 mln tonnes CO2 target
Romania’s companies OMV Petrom (BVB: SNP) and Romgaz (BVB: SNG) are in second and third place, respectively, in the top European companies with the highest obligations in the construction of carbon dioxide (CO2) storage facilities, the European Commission established on May 21, within the framework of the “Net 0 2030” decarbonization plan, according to Economedia.ro.…
-
Kärcher opens third factory in Romania following EUR 115 mln investment
The Kärcher Group, a global manufacturer of cleaning technology headquartered in Germany, has inaugurated its third production facility in Romania through its local subsidiary CER Cleaning Equipment, following a EUR 115 million investment, the company announced. The new plant, known as CER 3, is located in Curtea de Argeș (close to the first two factories)…
-
German-Romanian business confidence declines as economic outlook worsens, AHK survey finds
Expectations for Romania’s economic performance have deteriorated significantly among companies in the German-Romanian business community, according to the 2025 business survey released this spring by AHK Romania, the Romanian-German Chamber of Commerce and Industry. The share of companies with a pessimistic view of the Romanian economy rose from 38% in 2024 to 57% in 2025,…