Category: Uncategorized

The National Bank of Romania (BNR) announced on May 6 an exchange rate of RON 5.0378 /EUR. This is a 1.21% increase on the previous RON 4.9775/EUR exchange rate and the first time it has exceeded the RON 5 threshold, marking a historical high.  The exchange rate stood at an average of RON 4.97/EUR last…

Oxygen announces the launch of Oxygen Media, a dedicated media planning & buying agency led by Cristian Costache as Senior Partner. The new agency complements Oxygen’s existing integrated communications structure, which spans advertising, digital & social media, influencer marketing, events & consumer engagement, content production, PR, public affairs, employer branding, sustainability & CSR. Oxygen Media…

Russian political philosopher close to the Russian presidency, Aleksandr Dugin, issued several messages in support of Romanian presidential candidate George Simion, who repeatedly opposed supporting Ukraine. Dugin portrayed Simion positively in a number of messages, calling him a champion of “real people.”  “Simion has gained in Romania. Globalists either kill him, or cancel the results…

Local authorities in Cluj-Napoca, Romania’s second-largest city and a vibrant IT hub, approved a partnership agreement with the Romanian Railway Company CFR for the implementation of the metropolitan train project. Longtime Cluj-Napoca mayor Emil Boc, cited by ournalists at Actualdecluj.ro, said that this agreement is the last piece requested by the Ministry of Transport for…

Dance company Scapino Ballet Rotterdam will bring the productions Anima Obscura and Origins to Bucharest and Sibiu. In Bucharest, the Rotterdam-based company will present Anima Obscura on June 19 and June 20 as part of the JTI Meetings, while the Sibiu public can see the production Origins on June 23 and June 24 at the…

The Solana price continues to attract global attention, reflecting growing interest in blockchain platforms that offer high-speed, low-cost transactions. As of mid-April 2025, Solana (SOL) is trading between $129 and $134, reflecting sustained recovery after last year’s bear market correction. While global traders monitor the token’s performance, Romania—emerging as a hub for fintech innovation—is quietly positioning itself…

Romania is among the countries with the lowest earnings, although adjusting for purchasing power places it in a better position, according to an analysis of Eurostat and Organization for Economic Co-operation and Development (OECD) data for the year 2023. According to Eurostat and OECD data for 2023, the adjusted gross average monthly salary for full-time…

Dental Holding, a Romanian dental supplies platform active in the CEE region, reached a total of six acquisitions in the sector, the most recent ones being the Croatia-based Sanitaria Dental d.o.o & Logistika d.o.o and Hungary-based Sanitaria Kft. Following the acquisitions, the group is present in five countries and expects revenues to exceed EUR 110…

The number of accounts opened with brokers at the Bucharest Stock Exchange increased by 9% in the first 3 months of this year, signaling Romanians’ increasing appetite for investments. At the end of March, approximately 245,000 investors were registered with the 31 brokerage houses registered as participants in the Bucharest Stock Exchange system, representing an…

The Romanian Ministry of National Defence is expected to sign a contract worth over EUR 2.5 billion this year for the purchase of 246 tracked infantry fighting vehicles (IFVs), Defence Industry Europe reported on May 6.  The deal represents the first phase of a broader program aimed at procuring nearly 300 modern armored vehicles. The…