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Romania’s National Meteorological Administration (ANM) has issued an Orange Code warning for extreme heat and heightened thermal discomfort, affecting 12 counties and the capital city, Bucharest. The alert will be in effect from Thursday morning, June 26, until Friday morning, at 10:00 AM. The Orange Code covers Banat, Oltenia, and the southern half of Muntenia,…

Maidan, a company active in event catering, industrial catering and the development of its own gastronomic products, ended the year 2024 with a turnover of EUR 3.2 million, up 30% compared to the previous year. This evolution comes in the context of an unstable economic environment, but also of significant internal transformations. Investments for the…

Danish renewable energy developer Eurowind Energy has announced a EUR 174.8 million investment to develop its largest solar park in Romania, located in Vișina, Dâmbovița county. The new solar facility will have an installed capacity of 220 MW, making it one of the largest solar projects in the country. The facility is expected to generate around…

Trade unions at Romanian passenger railway company CFR Călători will start the procedures leading up to the strike on July 1 if the new Collective Labor Agreement is not signed at the company level, announced the president of the Federation of Railway Transporters’ Unions in Romania, Rodrigo Maxim, Economedia.ro reported. CFR Călători has a survival…

Tata Consultancy Services (TCS), part of India’s Tata Group, has opened a new engineering center in Romania as part of its strategic expansion across Europe, the company announced. The facility will focus on software-defined vehicle (SDV) technologies, positioning Romania as a key location in the firm’s efforts to develop next-generation mobility solutions. The Romanian center…

The new government’s ruling program sets out a comprehensive and ambitious agenda to modernise Romania’s public sector, enhance state efficiency, and ensure fiscal sustainability, all while promoting fairness and respect for citizens. The reform effort is structured around multiple strategic pillars, ranging from structural reforms and fiscal consolidation to investment prioritisation, decentralisation, and the rationalisation…

Romania’s new government has published the 2025-2028 Ruling Programme, an 88-page document that lays the foundation for broad reforms aimed at modernizing the state and particularly bringing sustainability to public finances after the fiscal slippage that resulted in a 9.3%-of-GDP public deficit last year. The sections dedicated to fiscal consolidation and the reform of central…

A proposal to introduce the “zipper rule” into Romania’s Traffic Code has been tacitly adopted by the Senate and now awaits a vote in the Chamber of Deputies, Biziday.ro reported. The rule would require drivers to alternate in allowing cars from a closing lane to merge into the remaining open lane when the road narrows,…

The Concordia Employers’ Confederation reiterated its concern about the proposed tax increases, which will affect the competitiveness of Romanian companies and reduce the purchasing power of citizens. “We draw attention to the fact that budgetary balance should be pursued primarily through efficiency and more efficient fiscal administration, and less through measures that would tighten the…

Market participants have voiced strong reservations about the Romanian government’s proposal to increase the capital gains tax rate on stock market transactions to 10% (from 1%-3% currently), citing potential disruptions to investor confidence and market stability. The proposal, part of the fiscal agenda included in prime minister Ilie Bolojan’s ruling programme has prompted responses from…