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The Theodor Pallady Museum, a branch of the National Museum of Art of Romania (MNAR), is scheduled to reopen on April 24 following refurbishment and reorganizing works. The recent transformation entailed expanding the exhibition area and a redesigned visitor pathway, meant to better highlight the museum’s collection and offer visitors “a current and coherent experience,”…

The Romanian government has launched the process to preselect a consortium leader for implementing the Black Sea AI Gigafactory project, a strategic investment in artificial intelligence computing infrastructure. According to the Ministries of Energy and Finance, the project is of national and regional relevance. The Gigafactory is “aimed at supporting the development of advanced digital…

Far-right party Alliance for the Union of Romanians (AUR) remained in first place in voting intention for the parliamentary elections, but reached the lowest level recorded by INSCOP after the presidential elections in May 2025 (37.0%, down from 38% in March and above 40% in four of the six polls carried out over the past…

Banca Transilvania (BVB: TLV) on April 15 announced that it raised EUR 1 billion from international markets through a bond issuance that was almost four times oversubscribed, confirming investors’ strong interest in supporting BT’s growth prospects.  This bond issuance represents BT’s first Investment Grade instrument, rated BBB- by Fitch Ratings.  Strong investor demand (EUR 3.8…

Romania recorded a modest improvement in its external balance in the first two months of 2026, as the current account (CA) deficit narrowed to EUR 3.19 billion, from EUR 3.64 billion in the same period of 2025, according to data published by the National Bank of Romania (BNR) on April 15. The improvement was mainly…

The average net wage in Romania increased by 3.8% y/y to RON 5,557 (EUR 1,091, +1.5% y/y) in February, but the 9.3% y/y inflation turned the positive nominal advance into a deep 5.0% y/y real contraction according to data published by the statistics office INS.  The net wages in Romania posted negative real annual growth…

Romania’s industrial output contracted by 1.8% y/y in February after the 3.5% y/y fall in January, setting the grounds for a steep contraction in the first quarter of the year, according to data published by the statistics office INS. After three years of steady industrial decline, the premises for a change in dynamics towards an…

The International Monetary Fund (IMF) expects Romania to follow its agreed fiscal consolidation path only in the short term, with a likely slowdown starting in the 2028 electoral year and no return to a deficit below 5% of GDP through 2031, according to the latest World Economic Outlook (WEO) published on April 14. Under the…

A variety of films and a nature-centered event highlighting Japanese traditions are part of the weekend offer in Bucharest. In Bucharest: Film O’Clock International Festival April 16 – April 19 This year’s selection brings together classic films, restored and contemporary productions in a program that explores the tension between reality and representation. More here. Alpin…

Romanian prime minister Ilie Bolojan held a phone call with incoming Hungarian premier Péter Magyar, congratulating him on his recent election victory. The Romanian leader also invited him to pay an official visit to Bucharest, signaling openness to closer bilateral cooperation. Magyar, who has defeated longtime leader Viktor Orbán – a close ally to both…