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According to a press release from the Bucharest City Hall, violating the ban on circulation for supply, courier, and sanitation activities during peak hours in the city will constitute a misdemeanor and will be sanctioned with fines ranging between RON 3,000 and RON 5,000 (EUR 1,000), applied by the General Directorate of Local Police and…

Romania’s four-party ruling coalition, in its latest meeting on October 14, failed to agree on how to cut the payroll in the local administration, while the other key topic on the meeting’s agenda, regarding the long-overdue mayoral elections in Bucharest, was not even touched, Hotnews.ro reported.  The meeting marked a significant deadlock in the functioning…

The mergers and acquisitions (M&A) market in Romania reached a total value of approximately EUR 1.5 billion in the third quarter of 2025, according to a PwC Romania analysis, signed by George Ureche, partner. Compared to the same period in 2024, the market recorded an increase of over 50%, excluding the impact of the EUR…

Raiffeisen Bank has successfully completed a synthetic securitization transaction covering a portfolio of EUR 1 billion, signed with Munich Re, one of the largest reinsurance companies in the world. The transaction is structured on a portfolio of unsecured personal loans totaling RON 5.05 billion (EUR 1 billion), Ziarul Financiar reported.  The securitized loan portfolio will…

The International Monetary Fund (IMF) has revised downward its estimates for the growth of the Romanian economy this year, to 1% from 1.6% as forecast in April and 3.3% as the advance indicated in October last year, according to the latest World Economic Outlook (WEO) report published on October 14. The forecast compares positively to…

Romania’s total external debt increased by EUR 18.8 billion in the first eight months of 2025, reaching EUR 222 billion at the end of August, according to data published on October 14 by the National Bank – BNR.  Long-term debt accounted for 77.8% of the total, namely EUR 172.8 billion as of August 31, up…

PepsiCo has inaugurated a new beverage canning line at its Dragomirești-Deal plant in Ilfov county, near Bucharest, following an investment of USD 8.5 million. According to the official announcement, it is the only line of its kind operated by PepsiCo in the Eastern Balkans. The fully automated line has a production capacity of up to…

Classic Unlimited, the well-known organizer of classical music concerts in Romania, announced the launch of a new series of events dedicated to babies, pregnant women, and families, named Classic for Babies. Concerts with interactive sessions will take place in Cluj-Napoca (November 9), Sibiu (November 3), and Târgu Mureș (November 7), with two sessions per day,…

Warner Bros. Discovery announced a new partnership with Edenred Romania, allowing users of the Edenred Benefit platform to subscribe to HBO Max directly through their employee benefits account. The collaboration aims to make premium entertainment more accessible to employees across Romania, the companies said. Starting October 10, Edenred Benefit users can purchase vouchers for HBO…

This year’s pilgrimage occasioned by the feast of Saint Dimitrie the New, Protector of Bucharest, will take place from October 19 to 29. The event is one of the most significant for the Romanian Orthodox Church in the capital. The faithful will be able to venerate, aside from the Holy Relics of Saint Dimitrie the…