Category: Uncategorized
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Bucharest plans over 550 km of new bike lanes under Velo Masterplan
Bucharest is set to expand its cycling infrastructure with the development of more than 550 kilometers of bike lanes by 2035, according to the new Velo Masterplan unveiled by interim general mayor Stelian Bujduveanu. The strategic document, now finalized after months of consultations and public debates, outlines the creation of a citywide cycling network aimed…
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Romania bests Cyprus in 2026 World Cup qualifiers
Romania’s national football team defeated Cyprus 2 – 0 in the fourth round of the 2026 World Cup qualifiers on Tuesday, June 10, in Bucharest. The goals were scored by Florin Tănase (minute 43) and Dennis Man (minute 45+2). With an assist and a goal, Dennis Man was the best player on the field. Over…
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Two Romanian citizens injured in Austria school shooting
Two Romanian citizens were injured in the recent school shooting in Graz, Austria, Romania’s Ministry of Foreign Affairs (MAE) confirmed on Wednesday, June 11, as quoted by news agency Agerpres. The victims’ families have been informed, and the Romanian Embassy in Vienna is ready to provide consular assistance if requested. “In the context of the armed…
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Romania’s trade gap hits 10% of GDP in year to April after 21% y/y advance
Romania’s exports in goods contracted by 5.2% y/y to EUR 7.87 billion in April, while the imports edged up by 0.4% y/y to EUR 11.01 billion, resulting in a trade gap of EUR 2.69 billion – 22% wider compared to the same month of 2024, according to data published by the statistics office INS. In…
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Romania’s public deficit hits 3.4% of GDP in January-May
The general government budget deficit under cash terms reached 3.4% of GDP in the first five months of the year, according to preliminary data announced by Profit.ro. The deficit-to-GDP ratio is at the same level as it was in the same period of 2024, when it ended the full year at 8.65% under cash terms…
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Romanian president attends Ukraine – South-Eastern Europe Summit in Odessa
President Nicuşor Dan is participating in the Ukraine – South-Eastern Europe Summit on June 11, taking place in Odessa. The Romanian head of state also paid an official visit to the Republic of Moldova on Tuesday, June 10. The Ministry of Foreign Affairs announced on June 10 the participation of foreign affairs minister Emil Hurezeanu…
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Austria’s Schrack Technik invests EUR 15 mln in logistics center near Bucharest
Schrack Technik Romania, the subsidiary of the Austrian group Schrack Technik GMBH, one of the most important players (manufacturer and distributor) in the electrical installations market, has completed an investment of over EUR 15 million in the construction of a new state-of-the-art logistics center, in Domnești, near Bucharest, according to Economedia.ro. The project involved the…
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Mid Europa Partners to sell Romanian courier operator Cargus
The investment fund Mid Europa Partners, one of the most active investors in the local market, reached an agreement to sell Urgent Cargus, the second largest courier company in Romania, to Sameday – the courier company in the same group with the online retailer eMAG, according to Profit.ro. The deal is pending approval by the…
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World Bank cuts projection on Romania’s 2025 economic growth to 1.3%
The Romanian economy will grow by 1.3% this year, compared to a 2.1% advance expected in January, according to the Global Economic Prospects report published by the World Bank on June 10. The WB also cut its forecast for Romania’s economic growth in 2026 to 1.9% from 2.6% in January. The bank thus cut its…
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Romanian president Nicușor Dan visits Chișinău in first official trip, pledges support for Moldova’s EU path
Romanian president Nicușor Dan made his first official bilateral visit to Chișinău on Tuesday, June 10, and held a joint press conference with Moldova’s leader Maia Sandu. The visit underscored Romania’s continued political, economic, and strategic support for Moldova, particularly as the country pushes forward on its path toward European Union accession. Maia Sandu welcomed…