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Romanian farmers reported record harvests for cereals and rapeseed, according to agriculture minister Florin Barbu. This year’s total harvest of cereals and rapeseed is larger by over 5 million tons compared to last year, according to the official. As such, Romanian farmers achieved a production of 19.3 million tons of cereals (wheat, rye, oats, barley)…

Bucharest’s interim mayor Stelian Bujduveanu has warned that traffic congestion remains the capital’s most pressing problem, with 1.7 million vehicles registered in the city and another 300,000 cars entering daily from surrounding areas, News.ro reported. “Half of Bucharest’s 2.1 million residents hold a driver’s license, and while not all two million cars are on the…

Databricks, an artificial intelligence company based in the United States with two Romanians among its founders, is launching an accelerator to finance artificial intelligence startups. Up to USD 250,000 is available for small companies. The funds can come in several forms, including cash, credits for using the Databricks platform, and credits from external providers verified…

The government has reportedly been sued for failing to organize the election for Bucharest mayor within the legal deadline of 90 days from the vacancy of the post, according to Antena3.ro. The authors of the complaint are not disclosed, but the reformist party USR has previously expressed discontent with the delays.  The ruling coalition has…

Romania’s isolationist party AUR consolidated its leading position in two polls carried out by Avangarde and CURS, although the scores and the advance versus the primary challenger – the Social Democratic Party (PSD) – differ significantly between the two estimates.  The isolationists’ leading position, still not challenging the combined score of the four parties in…

Romania’s public debt surged by RON 21.5 billion in May alone and by RON 70.7 billion year to date, reaching RON 1.035 billion (EUR 204.1 billion) or 57.8% of GDP at the end of May, according to data published by the Finance Ministry.   Romania’s public debt rose by RON 70.8 billion (EUR 14 billion)…

The first package of budgetary measures legislated in July will have an impact of 3% of GDP on the next year’s general government’s budget, bringing it down to  6% of GDP, prime minister’s adviser Ionut Dumitru, Raiffeisen Bank chief economist and former Fiscal Council head, told Digi24. His statements come in the context of the…

Amsterdam’s H’ART Museum has opened a major solo exhibition dedicated to the work of Romanian-born sculptor Constantin Brâncuși this past weekend. The landmark cultural event is realized with the support of the Romanian Cultural Institute (ICR) and in collaboration with Centre Pompidou in Paris. The exhibition, titled Brâncuși, The Birth of Modern Sculpture, runs from…

Dedeman, Romania’s largest home improvement and construction retailer, announced on Monday, September 22, that it will expand into the Republic of Moldova, marking its first entry into the neighboring market. The company said its presence across the border will deepen economic links between the two countries and confirm Moldova’s growing attractiveness for major foreign investors.…

The giant Procter & Gamble recently started a production line in Romania, at the Urlați factory in Prahova County, according to Revistaprogresiv.ro. The company will produce Lenor scented pearls here, one of the company’s latest innovations in fabric care. Four years ago, the company inaugurated a factory for Ariel PODs detergent capsules in Urlați. Procter…