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No fewer than 390 pedestrians lost their lives in serious road accidents in Romania in 2025, translating to more than one a day. Another 804 pedestrians were seriously injured, according to the 2025 Road Safety Bulletin, published by the General Inspectorate of the Romanian Police and cited by the CSR – Coalition for Road Safety.…

Swedish-founded furniture retailer IKEA announced on Wednesday, October 7, that it plans to invest roughly EUR 130 million in the Romanian market over the next three years. The total includes EUR 125 million for expansion and development projects and EUR 4.4 million allocated to price reductions during the 2027 financial year. Around EUR 55 million…

The fifth edition of the Climate Change Summit will take place at Bucharest’s Palace of Parliament on October 14, bringing together experts, business leaders, international institutions, and policymakers. Organisers expect more than 1,000 participants to attend the event. Representatives of the Intergovernmental Panel on Climate Change, the OECD, the European Bank for Reconstruction and Development,…

Vest Ventures, the regional venture capital fund with European funding allocated via the West Regional Development Agency, announced it was investing in Fiora5, a Romanian deep-tech startup developing technology for future generations of processors. The investment is Vest Ventures’s first one as it is transitioning from the startup acceleration phase to direct investments, the fund…

Net office leasing demand in Bucharest exceeded 93,000 sqm during the first nine months of the year, marking a 6% increase compared to the same period in 2025, according to data from Crosspoint Real Estate, the International Associate of Savills in Romania. Total office leasing activity reached 140,388 sqm, down 14% year-on-year. Of the total…

Romanian far-right Alliance for the Union of Romanians (AUR) renewed its call for the suspension of president Nicușor Dan on Tuesday, October 6, through the voice of party leader George Simion. The call came after Dan, who repeatedly refused to appoint a prime minister backed by AUR in recent months, designated independent diplomat Luca Niculescu…

Bucharest ranked last alongside Athens and Rome in a Greenpeace assessment of 15 European cities’ progress towards sustainable urban heating. The report cited the Romanian capital’s dependence on gas, lack of an integrated strategy, and slow pace of building renovation. Stockholm, Paris, and Vienna led the ranking due to their long-term strategies, investment in district…

Romanian restaurant operator City Grill Group announced that it appointed Carmen Polcovnicu as CEO and Ionuț Ceban as chief operating officer (COO), effective August 2026. Former CEO and co-founder Daniel Mischie has moved into the role of executive chairman, focusing on strategy, acquisitions, and industry partnerships. Polcovnicu, 43, has worked at City Grill since 2005.…

European renewable energy marketplace Solmeria recently launched in Romania, allowing solar and battery storage projects to be offered for sale individually rather than only as part of larger portfolios. Its first Romanian listings comprise two hybrid solar and storage projects in Cluj county that can be acquired separately or together. The projects have a combined…

Unexpectedly, given the much higher prices, the increase was driven by stronger fuel sales (+2.5% y/y), while the dynamics of food and non-food sales suggest continued pressure on household budgets: food sales contracted by 2.3% y/y, contrasting with a 2.7% increase in non-food sales. “Consumption is starting to show a clearer improvement in the third…