Category: Uncategorized
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Proptech platform rentnbuy adds property sales in Romania
Romanian proptech company Rentnbuy has launched a property sales section on its digital platform, expanding its services beyond rentals as part of its plan to simplify real estate transactions between owners and buyers. The startup, which entered the market in mid-2025, says it aims to make the sales process more transparent and secure through verified…
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Romanian hotel industry among fastest-growing in EU, Colliers says
Romania’s hospitality sector recorded one of the strongest growth rates in the European Union in the first half of 2025, driven mainly by rising room prices rather than higher tourist volumes, according to data from Eurostat cited by real estate consultancy Colliers. The hotel turnover in Romania rose by 19% in the first six months…
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Romanian anti-fraud inspectors uncover massive irregularities in ride-sharing firms
Romania’s General Directorate for Fiscal Anti-Fraud has checked ride-sharing companies, following a risk analysis, and discovered a loss of RON 175 million caused to the state budget by 128 firms. The companies were operating illegally, without declaring the revenues they generated for tax purposes and without legally registering the employment contracts of the drivers, therefore…
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Polish investors look to Romania as an attractive market, bilateral Chamber of Commerce says
Polish investors continue to view Romania as a strategic and attractive market due to its geographic position, growth potential, and transparent legislation, even in the current economic climate, according to recent conclusions from an economic mission organized in Bucharest by the Polish-Romanian Bilateral Chamber of Commerce and Industry. Internal data of the Bilateral Chamber shows…
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Romania among top automobile producers in the EU in the first half of 2025
Romania ranked sixth among the top automobile producers in the European Union in the first half of 2025. During this period, the country’s two car factories produced over 230,000 cars. In the first part of 2025, the European automotive industry produced a total of 5.9 million cars, down 2.8% compared to last year. Germany dominates…
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Romanian doctors’ orchestra to perform in Berlin next week
The Ermil Nichifor Doctors’ Orchestra is scheduled to perform on October 12 at the Concert Hall of the University of Music and the Arts in Berlin (UdK Berlin). The concert marks 70 concert seasons of the orchestra and the end of the Enescu Year. The program will include works by L.V. Beethoven, George Enescu, W.A.…
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Meteorologists expand red code warning for heavy rain to include Bucharest, four counties
The National Meteorological Administration (ANM) has expanded its red weather alert for heavy rain to cover Bucharest and four additional counties in the country’s south, warning of torrential downpours and possible flooding from Tuesday night until Wednesday afternoon. Orange and yellow warnings are also in place. The red code warning, the highest level of weather…
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Romanian Social Democrats draft plan for public administration personnel reduction
The Social Democrats (PSD) came up with a new plan for reducing the number of employees and their payroll in the public administration, a couple of days before the latest deadline announced by the ruling coalition for deciding on this topic, according to Mediaflux.ro. PSD thus insists on including the central administration in the plan…
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Romania’s PMI at 15-month high, nears neutral benchmark in September
September’s reading brought the BCR Romania Manufacturing PMI index to 49.8, which represents a 15-month high and comes after the 49.3 recorded in the previous month. The value is only marginally below the neutral mark of 50, showing only a marginal contraction reported in monthly terms, according to Erste Group. Romania’s industrial production increased by…
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CFA Society Romania forecasts GDP growth below 0.5% in 2026
Romania’s economy is expected to grow by less than 0.5% in 2026, according to a report announced by CFA Society Romania on October 6 ahead of its official release one day later. The association of financial analysts said that accessing European Union funds would be essential for restoring economic momentum in 2027. CFA Romania’s members…