Category: Uncategorized
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European Entry/Exit System to be operational at all Romanian border crossing points
The European Entry/Exit System, or EES, will become operational from March 2 at all of Romania’s border crossing points. The system is meant to record entries and exits of third-country nationals, therefore managing their stays. The system was introduced in stages, starting on October 12, 2025, through gradual expansion at crossing points, and it is…
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Untold Universe’s Kapital festival returns for second edition in Bucharest this summer
Kapital, the Bucharest city festival launched by Untold Universe, will return for its second edition on July 3-5, 2026, at the National Arena. Organizers said the event will expand its concept following a debut that drew more than 152,000 participants. The 2026 edition will broaden its focus from electronic music to a more diverse platform…
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ASSIST Software Positions Romania at the Center of Europe’s AI Cybersecurity Effort
ASSIST Software coordinates LLM4CIP, a three-year European cybersecurity initiative funded by the Digital Europe Programme and overseen by the European Cybersecurity Competence Centre (ECCC). Having been launched at the beginning of January 2026, the project’s official kick-off meeting was held on the 27th of January in Suceava, hosted by ASSIST. The project seeks to enhance…
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Residential complex Cosmopolis sells 570 homes in 2025, rivaling major Romanian cities
Cosmopolis, the largest integrated residential complex in Romania, located north of Bucharest, sold 570 homes in 2025, generating approximately EUR 50 million in transactions. The performance exceeded the total number of residential deals recorded in several county seats across the country. Thus, according to data from the National Agency for Cadastre and Land Registration (ANCPI),…
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Romania to suspend driving licenses for unpaid traffic fines
Romanians who fail to pay their traffic fines will have their driving licenses suspended after a period of time, according to a new emergency ordinance adopted by the government on Tuesday, February 24. The measure is part of a wider administrative reform package, and can be seen as part of the government’s efforts to lower…
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Cluj-Napoca City Hall signs EUR 10.8 mln contract to modernize district heating network
Cluj-Napoca City Hall has signed a EUR 10.8 million contract to modernize 6.3 km of its district heating network, in a move promoted as aimed at lowering energy bills and cutting emissions. Mayor Emil Boc announced the investment on Tuesday, February 24, saying the project marks another step toward a more efficient and sustainable heating…
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Nokian Tyres’ Romania plant becomes world’s first LEED Gold-certified tire factory
The Nokian Tyres factory in Oradea, in northwest Romania, earned LEED v4 Gold certification for sustainable building from the US Green Building Council. According to the company, it is the first LEED Gold certified tire factory in the world. LEED (Leadership in Energy and Environmental Design) is the world’s most widely recognized green building certification…
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80 years later, 14,000 donors, one theater: Interview with Grivița 53 founder Chris Simion-Mercurian
At 53 Calea Griviței in Bucharest stands the new building of the “first theater built together from the ground up.” Backed by more than 14,000 donors, the once “impossible idea” has become one of Romania’s most ambitious independent cultural projects – and the first private theater built from scratch in nearly 80 years. In this…
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Loans-to-GDP ratio in Romania edges down to 23.4% at the end of January
The weak financial intermediation in Romania, which features the lowest loan-to-GDP ratio in Europe and among the lowest in the world when it comes to both household loans and corporate loans, has further eroded over the past year. The overall ratio reached 23.4% at the end of January, down from 23.8% one year earlier, according…
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Romania’s agriculture minister calls for 20% cap on private-label goods in large retail chains
Romania’s minister of agriculture, Florin Barbu, has proposed capping the share of private-label products sold by large retail chains at 20% of total sales volume, as part of Romania’s input to the European Commission’s review of Directive 633 on unfair trading practices in the agricultural and food supply chain, Bursa.ro reported. The European Commission has launched a…