Category: Uncategorized
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S&P reviews Romania, assesses fiscal and debt as most problematic
The international rating agency S&P Global Ratings completed and published on October 10 its annual review of Romania’s creditworthiness, a review it performs on all sovereign debt issuers. It involves assigning scores to 5-6 key indicators, without constituting an action to modify or maintain the sovereign rating. The country’s rating is based on the dimensions assessed…
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Romania’s annual inflation rate stays below 10% in September
Romania’s annual inflation rate remained below 10% in September, concluding the month at 9.9%, according to data published on Monday, October 13, by the National Institute of Statistics (INS). Non-food goods continued to drive price growth, recording an annual increase of almost 11.1%, while services rose roughly 10.4% and food prices climbed 7.9%. The figure…
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Late goal gives Romania 1-0 victory over Austria in World Cup qualifier
Romania defeated Austria 1-0 on Sunday night, October 12, at Bucharest’s National Arena in the Group H match of the European qualifiers for the World Cup, with the decisive goal coming in stoppage time. The win keeps Romania’s hopes of qualification alive as they moved up to third place in the group with 10 points.…
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Taifas: Timișoara festival to feature Radu Jude retrospective, music, and literary events
The third edition of Taifas Balkan Film and Culture Festival, set to take place in Timișoara between October 13 and October 19, will include a retrospective dedicated to Romanian director Radu Jude. The public will be able to see the director’s short films, in addition to a preview of his latest production, Dracula, presented at…
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Western Romania: Former cinema hall in Cluj to reopen as music hub
The former Steaua Roșie cinema in Cluj-Napoca will reopen as Edison-House of Music, a cultural hub dedicated to music and community, the organizers of the Jazz in the Park festival announced. Built in the early 1900s, the Edison building became, after World War II, the Steaua Roșie cinema. After 1989, the venue underwent several changes…
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Romania reports record levels of precipitation after cyclone Barbara in early October
Unprecedented amounts of precipitation have been recorded in Romania as cyclone Barbara hit the country on October 5-8, according to the authorities. At the same time, Bucharest exceeded the absolute maximum levels of rain for October. “Between October 5–8, 2025, Romania was affected by the Mediterranean cyclone Barbara, which formed over the Ionian Sea and…
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Sursa: Light art festival brings immersive installations, projections to Bucharest
Sursa International Light Art Festival, an event featuring immersive installations, projections, and light structures, will take place at the National Library of Romania from October 13 to October 19. The event brings together international and Romanian artists “in a visual dialogue about technology, architecture and sensitivity,” the organizers announced. “We wanted to build the opportunity…
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Romanian Army reportedly acquires drone detection systems from Germany’s Rheinmetall
Romania’s Defense Ministry has signed a contract worth RON 50.4 million with Rheinnmetall Automecanica, a subsidiary of the German defense industry giant Rheinmetall, for the delivery of drone detection systems, Economedia.ro reported. The radar system will be delivered within 18 months at most and will reportedly be installed in the city of Roman, Neamț County,…
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North Bucharest Investments becomes the official strategic partner of the Adrian Mutu Football Academy
North Bucharest Investments announces a strategic partnership with the Adrian Mutu Football Academy, marking the beginning of a collaboration focused on developing sports among children and young people, health education, and promoting an active lifestyle. As part of this partnership, the two organizations are launching the North Bucharest Investments Cup, a youth football competition taking…
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Romania launches first AI Factory as part of European innovation network
Romania is one of six European countries recently selected to develop a new artificial intelligence and supercomputing center under the EuroHPC – AI Factories program. The project, known as the AI Factory, will be Romania’s first national AI infrastructure, marking a major step toward strengthening its digital and research capabilities. The initiative will be led…