Category: Uncategorized

Befit, a new fitness brand launched by Vectr Holdings, announced on Monday, August 25, the acquisition of four Barzz clubs in Romania, marking the latest step in its expansion strategy. The takeover includes two locations in Sibiu and two in Deva, which will be officially integrated into the Befit network. The move brings the company’s…

Prime minister Ilie Bolojan conducted his first foreign visit since taking office on Saturday, August 23, in the Republic of Moldova, “as a sign of attachment to the Bessarabian Romanians,” according to him. The head of the Romanian executive had talks with Moldovan counterpart, Dorin Recean, as well as meetings with president Maia Sandu and…

The Romanian authorities recently installed in the Bucegi Mountains the first of 12 planned mountain emergency shelters, the Department for Emergency Situations – DSU announced. The container was placed at an altitude of 2,350 meters at the entrance to Cerdacul Văii Cerbului, on the route to Omu Peak. The operation, carried out with the help of…

Residents of Bucharest see traffic congestion, cost of living, cleanliness, and pollution as the city’s most pressing problems, according to a new survey by the Centre for Urban and Regional Sociology (CURS).  The study, conducted between August 12 and 22 on a sample of 1,100 adults, reveals widespread dissatisfaction with the capital’s direction, with 60%…

While the number of employees paid the minimum wage in Romania is only 1.06 million (-3.6% y/y), accounting for 16% of the total number of labour contracts, the number of employees earning just above the minimum gross wage (RON 4,050 – 4,100 or around EUR 800) was 1.63 million, according to Ziarul Financiar, based on…

The Social Democrat (PSD) mayor of District 4 in Bucharest, Daniel Baluta, is leading in the poll carried out by INSCOP for the [still unscheduled] mayoral elections in Bucharest. Another poll, carried out by CURS, confirms Baluta’s leading position. The race is, however, tight, and the centre-right parties coming up with a sole candidate might…

Romania’s Ministry of Energy invited investors to come up with more wind farm projects for another auction under the CfD (contract for difference) scheme, after it approved projects with an installed capacity of only 1.26 GW out of the planned 2 GW in the previous auction, according to Economica.net. Projects with sufficient maturity but not…

Bucharest Stock Exchange (BVB) would join Moldova’s largest bank, MAIB, and regional energy group Premier Energy, in setting up a stock exchange in Moldova where the license of the existing exchange is expiring, according to Economedia.ro. The BVB management has summoned its shareholders for September 29 to approve the company’s participation in the project.  The…

Hidroelectrica, Romania’s largest energy producer, announced on August 23 that it has not announced, does not intend, and is not considering any increase in electricity supply prices. “The company maintains its commitment to having a fair and competitive offer for its customers and reaffirms that it is not considering any unilateral change in prices for…

The Ministry of Environment has put into public debate the new financing guide for the Rabla Auto 2025 Program, which brings a drastic adjustment of the support for electric vehicles. The value of the subsidies (eco-voucher) for full-electric or hydrogen fuel cell vehicles (not marketed in Romania) will be only RON 18,500 (approximately EUR 3,500),…