Category: Uncategorized
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Central Romania: Mikhail Shishkin, Mathias Énard among guests of literary festival held in Brașov
The first edition of NOD International Literary Rights Festival, an event aiming to connect local creative industries, will bring to Brașov a host of foreign and Romanian authors between September 25 and September 28. Among the foreign authors attending the festival are lauded Russian writer Mikhail Shishkin, French novelist Mathias Énard, Swedish author and poet…
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Romania’s annual inflation nears double digits in August on energy prices and VAT hike
Romania’s annual inflation rate accelerated sharply to 9.85% in August, driven by soaring electricity tariffs and higher VAT, the National Institute of Statistics (INS) said in the report released on Thursday, September 11. The figure marks a significant jump from July’s 7.8% rate, with non-food goods recording the steepest increase at 10.48%. Electricity prices surged…
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Average rent for a one-bedroom apartment up 10% y/y to EUR 494 in Bucharest
In September 2025, the average rent for a one-bedroom apartment in Bucharest reached EUR 494, up 10.7% y/y, according to data compiled by Ziarul Financiar in partnership with the real estate consultancy firm SVN. The highest rents are in Unirii-Victoriei area, with an average of EUR 581, while the lowest are in Crângasi neighbourhood (EUR…
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President says not much clarity on Romania’s cancelled presidential elections yet
Romanian president Nicușor Dan said he does not yet have “a clear picture” of the events that led to the cancellation of last November’s presidential elections, but confirmed ongoing investigations and pointed to Russia’s role in hybrid warfare across Europe, Digi24 reported. Speaking in an interview with public broadcaster TVR 1, Dan said he would…
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Recommerce© and Xiaomi partner to launch Integrated Trade-In programs across Europe
Recommerce©, the leading European player in trade-in, refurbishment and resale of consumer electronics, and Xiaomi, a consumer electronics and smart manufacturing company with smartphones and smart hardware connected by an Internet of Things (“IoT”) platform at its core, announce a strategic partnership for the deployment of integrated trade-in programs across Europe and enhance consumer’s purchasing…
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British investor Ghai Sant Ram launches HORIZON CITY – a EUR 130 mln residential project in the North of Bucharest
British investor Ghai Sant Ram announces the official launch of a new residential project in Romania. HORIZON CITY is shaping up to be one of the most significant residential developments currently underway in Bucharest. Located on Bulevardul Pipera no. 2/IXA, right next to Kaufland Pipera and the main business and lifestyle hub of Northern Bucharest,…
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Romanian president says no country plan, but expects economic normalisation by end-2026
Romania’s president Nicusor Dan assured there is “convergence” between the presidency and the government and highlighted the political stability, but admitted that in the absence of a country plan, some measures were perhaps not the best and warned of the lack of commitment to reforms at the medium and lower levels of the public administration. …
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Romanian president Nicușor Dan criticises again head prosecutors
Romania’s president Nicușor Dan reiterated that he was dissatisfied with the work of the head prosecutor and the head of the National Anticorruption Directorate (DNA), saying that these prosecutors’ offices have “a problem of management,” particularly in regard to the resources allocated for “dossiers that are highly important for society.” President Dan has constantly criticised…
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Romania’s Transgaz plans to inject Black Sea offshore gas into the pipeline to Ukraine
Romania’s state-controlled company Transgaz has required the environmental permit to build a connection between the pipeline that brings Black Sea offshore gas to the national grid and the BRUA pipeline (Tuzl-Podisor), and the pipeline that connects the southern part of the continent (Greece-Bulgaria) with Ukraine and the Republic of Moldova (pipelines T2 and T3), Economedia.ro…
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Veolia Romania buys majority stake in General Me.el Electric to become an integrated provider of public utility services
Expansion of the portfolio with low, medium and high voltage electricity services, complementing existing solutions in water, sewage, gas and thermal energy. Alignment with the objectives of the Veolia Group’s “GreenUp” strategic program by diversifying decarbonization solutions, such as solar electricity generation and battery storage systems. Enhancing the capacity for implementation and the complexity of…