Category: Uncategorized

Dorin Bob, a Romanian entrepreneur from Transylvania with ventures in agriculture and real estate, has secured EUR 4.6 million in European funding to expand and modernize one of Romania’s largest hazelnut plantations. The funds will support the development of new hazelnut orchards in Satu Mare county, the conversion of an existing orchard, the installation of…

Last week, the Bihor County Council approved the technical and economic indicators for the development of the Oradea metropolitan tram-train network, meant to offer an alternative public transport for residents of the metropolitan area. The project involves creating a metropolitan train network by modernizing disused railway lines. The new network will connect the city of…

Romania’s Untold will become the first festival in Europe to introduce a dedicated sensory space for children and young people with neurodevelopmental disorders. The initiative, launched in partnership with the Neuroatipic Foundation, will debut at the 10th edition of the festival, taking place August 7–10 at Cluj Arena in Cluj-Napoca. Designed as a safe and…

Romania wrapped up a strong showing at the 2025 European Rowing Championships in Plovdiv with a total of seven medals, namely three gold, two silver, and two bronze. The standout results came on Saturday, May 31, when Romanian crews reached the podium in all six finals they competed in. The gold medal count was opened…

Romanian gymnast Ana Bărbosu won her fourth medal on Saturday, May 31, at the 2025 European Championships in Men’s and Women’s Artistic Gymnastics in Leipzig. Bărbosu, a bronze medalist on floor at the 2024 Olympics, scored 13.833 for her floor final routine, which brought her the gold medal. Also on the podium were Manila Esposito…

Alka Trading, one of Romania’s leading snack producers, has allocated an investment budget of RON 98 million (EUR 20 million) for 2025, marking a twofold increase over the previous year, the company told Ziarul Financiar for the upcoming 20th edition of The Biggest Players in the Economy yearbook. According to Ady Hirsch, Chief Executive Officer…

The European Commission’s science service has revised upwards its wheat yield forecasts for the second month in a row compared to last month’s estimates. Farmers could obtain an average of 4.97 tonnes per hectare, 21% above the five-year average and 8% above the results in 2024.  Romania would have the highest increase in Europe compared…

Romania’s state forecasting body, CNP, has revised its projection for this year’s economic growth from 2.5% included in the 2025 budget planning to 1.4% under the Spring Forecast.  Even under the revised forecast, the country’s economy would gain momentum compared to the slim 0.8% advance in 2024. The economic growth is expected to strengthen to…

Romania’s Treasury has increased the yield for the 7-year bonds issued to households and denominated in euros in June by 25 basis points (bp) to 6.50% and the yield for the similar bonds with 3-year maturity by only 5 bp to 3.90%, Ziarul Financiar reported.  It also launched a new maturity (2 years, 5.6% coupon)…

The famous Praid Salt Mine in Harghita county is facing a risk of collapse after recent flooding caused severe water infiltration, compromising the structural integrity of the old mine ceiling. A technical assessment carried out by experts at the request of the Ministry of Economy confirmed significant damage, prompting authorities to implement emergency measures to…