Category: Uncategorized
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Study: Nearly half of Romanian journalists report burnout, mental health remains largely ignored
Nearly half of Romanian journalists report experiencing high or very high levels of burnout, while more than half are regularly exposed to tragedies, violence, and human suffering, according to a new study by the Friends For Friends Foundation (FFFF). The research also found that 92% of respondents say mental health is rarely or never discussed…
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Wizz Air marks two decades in Romania with 235 routes from 14 airports
Wizz Air is marking 20 years of operations in Romania, where it has become a leader of the market, operating more than 235 routes from 14 airports. The carrier said it has transported more than 120 million passengers to and from Romania since launching its first local flight in 2006. The airline celebrated the milestone…
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Romania’s CA deficit shrinks by some 1.1pp y/y to 7.6% of GDP in 12 months to May
Romania’s current account deficit in the 12 months to May contracted by 7.6% y/y to EUR 29.2 billion, with the contraction rate softening to 5.4% y/y in January-May, according to data published by the National Bank of Romania (BNR). The CA deficit to GDP ratio decreased even faster, due to the nominal increase of the…
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Romania rejects reassessment of controversial SMR project despite feasibility concerns
Romania’s government has opted not to reconsider the development strategy for the country’s flagship small modular reactor (SMR) project, despite mounting concerns from Nuclearelectrica’s management over its technical and financial viability. The shareholders’ decision reflected in the company’s press release reflects conflicting views within the Ministry of Energy, temporarily supervised by acting prime minister Ilie…
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Romanian telco Digi completes IPO of Spanish subsidiary ahead of market debut
Romania’s telecommunications group Digi Communications (BVB: DIGI) has completed the initial public offering of its Spanish subsidiary, Digi Spain Telecom, with the final offer price set at EUR 5.60 per share, the company announced in a filing to the Bucharest Stock Exchange, cited by Ziarul Financiar. The offering comprised 51.3 million shares and was several…
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Net wages in Romania were real 6.9% y/y lower in May
The average net wage in Romania increased by 3.2% y/y to RON 5,684 (EUR 1,086) in May, but the double-digit inflation rate (10.85% y/y) resulted in a significant 6.9% y/y contraction of the net income, according to data published by the statistics office. It was the steepest annual decline in the past decade. In absolute…
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Romania’s Social Democrats publish poll showing party ahead of former coalition partners
Romania’s Social Democratic Party (PSD) has published the results of an opinion poll commissioned from the Romanian Institute for Evaluation and Strategy (IRES), showing the party maintaining a clear lead over its former coalition partners despite the ongoing political crisis, while the far-right Alliance for the Union of Romanians (AUR) remains the largest political force.…
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Romanian president discusses drone warnings, Black Sea security with Volodymyr Zelensky in Kyiv
Romanian president Nicușor Dan said he discussed maritime security, early warning mechanisms for drone incidents, and cross-border connectivity with Ukrainian leader Volodymyr Zelensky during a bilateral meeting in Kyiv on Wednesday, July 15. The talks took place on the sidelines of the fifth Ukraine-Southeast Europe Summit. During the talks, the two leaders reaffirmed Romania’s support…
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Romanian citizen dies, another seriously injured in Brussels building fire
A Romanian citizen has died and another has been seriously injured in a fire at a building under renovation in Brussels, Romania’s Ministry of Foreign Affairs (MAE) said on Wednesday, July 15, as reported by news agency Agerpres. The blaze claimed the lives of six workers in total. The Romanian national who was injured remains…
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North Bucharest App Accelerates the Digital Transformation of the Residential Real Estate Market | User Base Grows by 42% in Just One Month
Artificial intelligence is reshaping the way people search for and choose a home, and the North Bucharest app, developed by North Bucharest Investments Usage data shows that users are increasingly engaging with the app’s intelligent features, designed to simplify and personalize the property search experience. During the past month, the platform recorded more than 45,000…