Category: Uncategorized
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Romania’s insolvencies rise 12% to highest level since 2018, large company cases more than double
More than 5,250 companies in Romania became insolvent in the first nine months of 2026, approximately 12% more than in the same period last year, marking the highest level since 2018, according to an analysis by CITR based on estimates from the National Trade Register Office (ONRC). During the same period, the number of companies…
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Only 40% of Romanians have a financial plan for next 12 months, study says
Only 40% of Romanians have a financial plan for the next 12 months, according to the first national study evaluating the impact of a financial education program. The study was launched by Banometru, a free financial education program developed by the Education for Real Life Association (AEVR) with the support of ING Bank Romania. One…
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TikTok risks fine worth 6% of global turnover after 2024 Romania election interference, European Commission says
The European Commission has opened an investigation into Chinese social media platform TikTok under the Digital Services Act (DSA) after the 2024 Romanian elections. The investigation could result in fines of up to 6% of TikTok’s global turnover, according to Thomas Regnier, spokesperson for the European Commission’s Directorate-General for Communication. According to the European official,…
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OAR Bucharest: Romania’s architectural design market grows tenfold in 25 years
Romania’s architectural design market has expanded from less than EUR 30 million in 2001 to more than EUR 300 million in 2026, according to estimates from the Bucharest branch of the Romanian Order of Architects (OAR). The capital city accounts for approximately half of the national market. The figures were released on Thursday, October 8,…
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DroneFlight launches Romanian BVLOS drone services with EUR 300,000 investment
DroneFlight Romania announced that it began operations with an initial investment of EUR 300,000, targeting companies that require recurring drone surveillance, inspection, and monitoring services. The capital will finance local operations, authorisations, staff training, command infrastructure, software, and the transfer of technology and procedures from the Netherlands. The company has three shareholders: Romanian entrepreneur Ștefan…
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Romania’s central bank keeps policy rate at 6.5% and signals higher year-end inflation
Over a longer horizon, however, the central bank sees “increasingly obvious underlying disinflationary pressures”, primarily from aggregate demand. According to the BNR’s latest assessment, annual inflation is expected to follow an upward trajectory through the end of 2026, mainly due to anticipated increases in fuel, energy and other commodity prices, including agri-food products, amid the…
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Romania’s PM-designate Luca Niculescu sees silver lining despite parties’ conflicting positions
However, the parties remain divided over the economic policy and political composition of a new government, leaving no clear path to a stable parliamentary majority. Luca Niculescu suggested that finance minister Alexandru Nazare could retain his position in the new cabinet [consistent with the consensus on the continuing fiscal consolidation], but said it was too…
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Romanians’ crypto holdings estimated at EUR 12 bln amid record participation rate
Speaking at the opening of the Romanian Fund Managers Summit, Avrămescu, as cited by Ziarul Financiar, stressed that Romania still lacked a designated national authority responsible for supervising crypto-assets, despite the scale of the market. Based on Romania’s population of about 19 million, a 15% ownership rate would represent almost 2.9 million people, according to…
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Romania’s power producers Hidroelectrica and Nuclearelectrica hit by drought
Hidroelectrica is being hit by lower water levels in major rivers, particularly the Danube, while Nuclearelectrica has suspended production for more than a month because of the Danube’s low water level. Hidroelectrica’s adjusted net profit forecast for this year has been cut to RON 3 billion, 16% below the initial budget, reflecting a 4% decline…
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Romania’s EUR 100 mln EU-funded medical appointment platform reportedly failing patients
Only around 2,500 appointments were made through the platform in its first month. Patients struggle to navigate the system and find available consultation slots, Ziarul Financiar reported. Meanwhile, Euronews Romania found that the platform displayed no available appointments for the day of its check or the following days. Family doctors reportedly do not have access…