Category: Uncategorized
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Romanian PM announces talks on minority government
Prime minister Ilie Bolojan, the president of the National Liberal Party (PNL), has said the party he leads would start talks with the political groups supporting the current government to clarify how a minority government could work. PNL will hold talks with the Save Romania Union (USR), the Democratic Union of Hungarians in Romania (UDMR),…
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EUR 980 million sent to Romania from abroad via Revolut in Q1 2026
Remittances amounting to EUR 980 million were sent to Romania from abroad in the first quarter of 2026, according to the Revolut Money Report. The fintech said it facilitated more than 4 million international transfers involving Romanian customers during the same period. Germany, with EUR 223 million, and the UK, with EUR 173 million, continue…
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Romanian president calls coalition parties for talks after Social Democrats withdraw support for PM
President Nicușor Dan has called leaders of ruling coalition parties for consultations at the Cotroceni Palace on Wednesday, April 22, following the decision by the Social Democratic Party (PSD) to withdraw support for Liberal (PNL) prime minister Ilie Bolojan. The move comes as Romania faces a deepening political crisis. According to the Presidential Administration’s announcement,…
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North Bucharest Investments Expands Its Portfolio Through Partnership with Astorium Life
North Bucharest Investments announces the addition of the Astorium Life residential complex to its portfolio, at a time when demand for completed, move-in-ready homes is increasing, driven by a growing preference for lower-risk real estate investments with greater predictability. This move reflects a clear market trend, where attention is shifting from developments still in the…
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European Heritage Awards: Restoration of Bánffy Castle in Romania’s Răscruci among 2026 winners
The restoration of Bánffy Castle in Răscruci, in Cluj county, is among this year’s winners of the European Heritage Awards / Europa Nostra Awards in the Conservation & Adaptive Reuse category. The 19th-century aristocratic residence and its park have been returned to public use, in a project combining the conservation of its interiors and landscape…
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Free sterilization and microchipping for mixed-breed dogs in Bucharest
Bucharest City Hall announced a free sterilization and microchipping campaign for mixed-breed dogs, as part of ongoing efforts to manage the city’s pet population. The initiative is carried out by ASPA through weekly programs available to residents. Dog owners with a registered address in Bucharest can schedule appointments by phone during weekdays. Procedures are performed…
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CET Vest power plant fire leaves around 2,300 Bucharest buildings without hot water
Around 2,300 apartment buildings in western Bucharest were left without hot water after a fire broke out at the CET București Vest power plant late Monday night, April 20. The incident forced the shutdown of the facility, affecting large parts of the capital. According to Termoenergetica București, the outage impacts Districts 5 and 6 entirely,…
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ING Bank Romania reports 12% increase in loan portfolio, over 260,000 new clients in 2025
ING Bank Romania reported an increase of 5% in total revenues in 2025 compared to 2024 to more than RON 4 billion (approximately EUR 800 million), an evolution supported by the 12% increase in the loan portfolio, the lender said. The bank attracted deposits of RON 72.4 billion, up by 4% compared to the previous…
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SPEEDWELL unveils EUR 135 mln lakeside villa project near Bucharest
SPEEDWELL, a premium real estate developer with Belgian roots, highly active in Romania and Poland, announced the launch of GLENWOOD Estate, a residential project in Corbeanca, near Bucharest. The development is planned on a 14-hectare site and is estimated at more than EUR 135 million. The project will include up to 200 villas across seven…
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Professional Recycle’s Târgu Mureș plant set to become Europe’s largest PET recycling unit
Professional Recycle, based in Târgu Mureș, plans to expand its operations to become the largest PET recycling facility in Europe located at a single site by the end of 2026. The move is expected to significantly boost Romania’s role in the circular economy and recycling sector. The company said that it aims to increase its…