Category: Uncategorized
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Plane forced to circle Cluj-Napoca airport due to sleeping air traffic controller
A plane with hundreds of passengers was forced to remain in the air and circle the Cluj-Napoca International Airport for several minutes after an air traffic controller reportedly fell asleep on duty, Stirileprotv.ro reported. The incident is said to have happened over a month ago. On that night, three controllers were reportedly on shift, and…
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Colliers: Romania’s housing market entered cooling phase in 2025 as buyers grew more cautious
Romanian consumer confidence has dropped to one of its lowest levels in the past 15 years, consultancy company Colliers said in a recent report. After several years of record demand, Romania’s housing sector entered 2025 in a cooling phase as buyers grew more cautious. Consumer sentiment saw its steepest half-yearly decline since the 2009–2010 financial…
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NATO to deploy Turkish anti-drone surveillance system in Poland, Romania
The North Atlantic Treaty Organization, or NATO, will begin deploying Turkey’s advanced MEROPS surveillance system in Poland and Romania to guard against drone incursions from Russia, Euractiv reported. The Multispectral Extended Range Optical Sight, or MEROPS air surveillance system, will be delivered to the two eastern front countries as Russia’s incursion into allied space increased…
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Bellemonde expands northern Bucharest development with new EUR 25 mln villa project
Bellemonde announced that it launched a new premium residential project in Pipera, northern Bucharest, adding 52 villas through an estimated investment of EUR 25 million. The development, called Bellemonde Privée, will include single-family homes, duplex villas, and townhouses, built on a 25,000 sqm plot across from the existing Bellemonde complex. About 65% of the total…
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Romania expresses solidarity with Estonia at UN Security Council meeting after Russian airspace incursion
Romanian foreign minister Oana Țoiu expressed solidarity with Estonia during the September 22 emergency meeting of the United Nations (UN) Security Council after the latter’s airspace was violated by three Russian fighter jets last week. On Friday, September 19, Russian jets entered and stayed in the airspace above the Gulf of Finland for 12 minutes,…
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Salaries in Romania range from EUR 800 to EUR 7,000 as labor market splits, study shows
Salaries in Romania this year show sharp contrasts, with international truck drivers earning up to EUR 3,000 (RON 15,000) a month while top executive roles in IT and finance can reach EUR 7,000 (RON 35,000), according to a labor market analysis published by HR firm Prohuman APT. Meanwhile, the average wages in many counties remain…
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Bucharest Exchange-listed DN Agrar, Europe’s largest milk producer, plans listing on main trading floor
DN Agrar (BVB: DN), the largest producer of cow’s milk in Europe, which owns five farms and a herd of 16,000 cattle in Romania, is preparing for the transfer from the secondary AeRO market to the main market of the Bucharest Stock Exchange, a process that could take place either in the fourth quarter of…
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Romanian loan marketplace 123Credit announces five-fold expansion and break-even in 2024
123Credit, the first marketplace in Romania dedicated to personal loans, auto loans, mortgages, and refinancing, developed by Omnia Capital, announced it intermediated RON 600 million (EUR 120 million) of loans in 2024, nearly five times more than in 2023, according to Profit.ro. It also reported a profit in its second year of operations. With 500,000…
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Bucharest may regulate use of electric scooters this year
The interim mayor of the capital, Stelian Bujduveanu, believes that the regulation on the use of electric scooters could be adopted by the end of the year. He told Radio Romania Actualități that he does not support banning them, but rather regulating their use, news agency Agerpres reported. “There are two components [of the regulations]:…
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Romanian minister of environment under attack from opposition
The leading opposition party in Romania, the Alliance for the Union of Romanians (AUR), filed a simple motion against the minister of environment, Diana Buzoianu (Save Romania Union, USR), accusing her of blocking the development of several hydropower projects, initiated during the communist regime and reconsidered by Hidroelectrica these days. Minister Buzoianu claimed that the…