Category: Uncategorized
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Ukraine’s Biopharma Plasma plans EUR 37 mln immunoglobulin factory in western Romania
Biopharma Plasma of Ukraine is reportedly preparing the construction of a factory in western Romania at Oradea, where it would produce medicines by processing plasma, according to Economedia.ro and Ebihoreanul.ro. The investor has started the procedure for authorizing the unit, which will cost EUR 37 million, and wants to start construction works, which will have…
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Hungarian firm Train Europe acquires majority stake in Romanian rolling stock company
Hungarian railway company Train Europe has acquired a 76% stake in Romanian rolling stock manufacturer Petroutilaj-3DRD from French firm Chemins de Fer Départementaux (CFD), Ziarul Financiar reported in April, citing a transaction finalised in January 2025. The acquisition marks a strategic expansion by Train Europe, which has a growing footprint in Central and Eastern Europe. …
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Romania affirms 7%-of-GDP public deficit target this year and the 7-year fiscal consolidation plan
In a comment to the Eurostat releasing Romania’s public deficit under the ESA methodology at 9.3% of GDP, the Ministry of Finance affirmed its commitment to stick with the 7%-of-GDP deficit target for this year and with the 7-year fiscal consolidation plan agreed with the European Commission under the Excessive deficit procedure. “Romania reaffirms its…
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Romania’s record 9.3%-of-GDP ESA public deficit in 2024 exceeds estimates by 1.4pp
Romania posted the widest general government budget deficit among the European Union member states, 9.3% of GDP (6.6% in 2023) – nearly three times the EU average (3.2%), according to data published by Eurostat. On the upside, the country’s public indebtedness, although rising at a fast pace, remains well below the EU’s average. The gap…
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IMF expects Romania to deviate significantly from fiscal consolidation plans
Romania’s general government budget deficit, expressed in cash terms, will narrow from 8.6% of GDP in 2024 to 7.8% of GDP this year, versus a 7.0% target that remains untouchable for another two years (2026-2027), according to the updated forecast of the International Monetary Fund (IMF) published along with the latest World Economic Outlook edition…
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Over 1 million Romanians celebrate name day on Saint George’s Day
Over one million Romanians celebrate their name day on April 23, honoring Saint George (Sfântului Gheorghe in Romanian), one of the most venerated saints in Orthodox Christianity. According to the General Directorate for Persons Records, quoted by Agerpres, the most common male names associated with this celebration include Gheorghe (402,099), George (159,761), and Georgian (29,408).…
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Romania to host its first tournament organized by the International Padel Federation
The first padel club in western Romania, Padel Center, will host the first padel tournament within the official calendar of the International Padel Federation (FIP) organized in Romania and the Balkans. The FIP SILVER ROMANIA tournament will take place from May 26 to June 1, on the Padel Center courts in Dumbrăvița (6 Praga Street),…
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Romanian Competition Council greenlights Altex’s purchase of Brico Depot
Romania’s Competition Council has authorized the transaction through which electronic retailer Altex takes over DIY chain Brico Depot Romania, a network with 32 stores and 2,000 employees, in a deal valued at EUR 70 million. Altex is one of the leading retailers of electronics in Romania, while Brico Depot offers products in categories such as…
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Romanian, Swedish poets to take part in translation workshop in Stockholm
Romanian poets Teona Galgoțiu and Radu Nițescu, along with Swedish poets Jonathan Brott and Filip Lindberg, will take part in the 13th edition of the Romanian-Swedish Translation Workshop, to be held between April 23–30 in Stockholm. The workshop is organized by the Romanian Cultural Institute in Stockholm and the National Book Center (CENNAC) in partnership…
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Irish group Lord of the Dance returns to Romania in 2026
The Irish dance group Lord of the Dance will return to Romania on April 2 and 3, 2026, with the “30th Anniversary Tour.” The troupe founded by the well-known Michael Flatley will perform the two shows in Romania on April 2, at the BT Arena Polyvalent Hall in Cluj Napoca, and on April 3, at…