Category: Uncategorized
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Cluj-Napoca City Hall welcomes pets, mayor says
Pets are now officially welcome inside Cluj-Napoca City Hall, mayor Emil Boc announced on Monday, September 15, describing the move as part of efforts to make the city more modern and empathetic. “Today we are opening the doors of City Hall to our voiceless friends as well. Dear residents, from now on, pets are welcome…
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Romania in talks with Ukraine for joint drone production, minister says
Romania is currently discussing with Ukraine the possibility of developing joint drone production projects, according to defense minister Ionuț Moșteanu. Drones have been at the forefront of the war between Ukraine and Russia, used by both sides for reconnaissance, surveillance, but also deep strikes in enemy territory. The prevalence of drones on the battlefield and…
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Southern Romania: New adventure park to be built at Băile Govora resort
The Băile Govora resort, in southern Romania, will have a new adventure park, with a zip line, alpine coaster, and even off-road bicycle tracks, according to a plan announced on Monday, September 15, by the Băile Govora City Hall. The goal of the investment is to develop leisure tourism in the resort famed for its…
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The Tour of Romania ended with a real cycling celebration in the center of the Capital
A caravan of 150 cyclists, 90 cars and 25 motorbikes covered 830 km at the Tour of Romania, the most important local cycling competition, organized between 10 and 14 September by the Romanian Cycling Federation, together with the National Agency for Sports and Auchan Romania, the main co-organizing partner. In addition to the elite sports…
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Romanian PM reportedly opposes further extension of food price capping mechanism
Romania’s prime minister Ilie Bolojan reportedly opposes the idea of further prolonging the price-capping mechanism introduced in August 2023 and repeatedly extended so far, according to Ziarul Financiar. Ambiguous statements over the weekend indicated an incipient conflict among the ruling coalition’s partners on this topic, with the Social Democrats (PSD) vocally arguing for keeping in…
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Union leaders meet Romanian prime minister after protest against staff cuts
Several thousand civil servants rallied in Bucharest on September 15 to oppose government reform plans that would reduce public administration staff, Radio Romania Actualități reported. Protesters gathered in Victoriei Square before marching to the Palace of Parliament, voicing dissatisfaction with prime minister Ilie Bolojan’s proposals. The demonstration came as the ruling coalition prepared measures to…
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Moldova launches new stock exchange with support from Bucharest Stock Exchange
A memorandum establishing a new stock exchange in the Republic of Moldova was signed on September 15 in Chișinău, with the Bucharest Stock Exchange (BVB) set to play a key role as shareholder and technology partner, according to Bursa.ro. The new Moldovan exchange will run on BVB’s ARENA Trading platform, provided under a Software-as-a-Service contract.…
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Budget of special pensions in Romania up 16% y/y to EUR 340 mln in 2024
The “service pensions”, also known as special pensions, paid to civilians (military not included in the report), cost the state budget and the state social insurance budget a total of RON 2.2 billion in 2024, over 22% more than in 2023, Economica.net reported based on data obtained from the National House of Public Pensions (CNPP). …
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Czech Tesla officially abandons plans for EUR 90 mln factory in Romania
The Czech company Tesla has officially announced to the government and local authorities that it is abandoning the project to build the energy storage factory in Brăila, an investment of EUR 90 million that was also to receive state aid, according to G4media.ro. In an official document of Tesla Group, signed by CEO Dusan Lichardus…
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Romania’s wage growth eroded by inflation in July
Romanian households’ purchasing power has deteriorated in July, both as a result of slower nominal advance (+5.2% y/y, the weakest in four years) but also because of a sharp rise in inflation (7.68% y/y) following the VAT rate hike, according to data published by the statistics office INS. The average net wage dropped by 3.0%…