Category: Uncategorized

Hundreds of people gathered in Victoriei Square in Bucharest on Sunday evening, May 3, to show support for Liberal (PNL) prime minister Ilie Bolojan, just two days before the no-confidence vote in Parliament. Similar demonstrations were reported in several cities across Romania, including Oradea, where Bolojan served as mayor. The rallies come amid rising political…

Bucharest’s hotel market recorded the strongest performances in Central and Eastern Europe (CEE) in 2025, with revenue per available room (or RevPAR) increasing by 12% year-on-year, outperforming the CEE-6 average, according to a market analysis conducted by real estate consultancy firm Cushman & Wakefield. The region recorded an 8.9% year-on-year increase in revenue per available…

Twenty years ago, Dragoş Lumpan began to document the age-old practice of transhumance, the seasonal movement of shepherds with their livestock between mountain and lowland pastures. He travelled for 50,000 kilometers across six countries – Romania, Turkey, Greece, Italy, Albania, and Wales – to capture in photography and film what is now a fading way…

The National Bank of Romania aims to develop a new strategy to regain the Romanian treasury held by Russia with the help of the government after the end of the current political crisis, according to a statement made by longtime BNR governor Mugur Isărescu on Wednesday, April 29. Between 1916 and 1917, Romania transferred 91.5…

Four Romanians are on board the MSC Francesca, a ship seized more than a week ago by the Iranian authorities, according to a statement given by the Romanian Ministry of Foreign Affairs on Thursday, April 30. Around April 22–23, the Iranian Revolutionary Guard Navy detained two ships for what it described as violations of maritime…

Romania’s Constitutional Court (CCR) ruled that the prosumer law is constitutional, paving the way for new benefits for individuals producing energy at home. The decision was welcomed by former energy minister Bogdan Ivan, who called it “a victory for Romanians who generate their own energy.” The court rejected a constitutional challenge filed by the president…

EVERGENT Investments, an investment fund with the largest market capitalization in its category, has signed an investment agreement to become a shareholder of Anima Wings SA, a Romanian-owned airline. The transaction will be completed after certain conditions precedent are fulfilled. A Strategic Investment for Romania EVERGENT Investments’ entry into the commercial aviation sector, represents a…

Sphera Franchise Group (BVB: SFG), one of the largest restaurant operators in Romania’s foodservice industry, marked a new step in its regional expansion with the opening of the first Taco Bell unit in the Republic of Moldova, in Chișinău. The new restaurant represents the official entry of the Mexican-inspired brand into the local market. The…

Employee productivity in Romania has increased by 17.5% over the past four years, according to an analysis by TPC Concept, based on official data from Romania’s Ministry of Finance and National Institute of Statistics. However, the gap compared to the European Union average remains significant. A Romanian employee currently generates approximately EUR 6,000 per month,…

Romania’s national currency weakened to a historic low on Thursday, April 30, with the exchange rate reaching RON 5.1417 per EUR, according to the National Bank BNR. The sharp depreciation comes amid heightened political uncertainty following the no-confidence motion recently filed against the government. Pressure on the RON was visible early in the day on…