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Romania’s authorities have extended until the end of August 2026 a EUR 15 million contract signed with UiPath for the automatisation of processes within the public administration, USR MP Radu Mihaiu announced, citing a memorandum promoted by his party’s economy minister Radu Miruta and REPER’s investments minister Dragos Pislaru. The project is financed under the…

The Romanian Ministry of Finance is preparing to introduce a reverse charge on VAT in the fruit and vegetable sector, in addition to the categories already subject to reverse VAT charge, and will have discussions with the European Commission in September on this topic, minister Alexandru Nazare told Profit.ro. Other sectors may follow, he said.…

The Romanian Chamber of Tax Consultants (CCF), in a message published on August 21, addressed to the Finance Ministry, warned that the reforms under the draft law published for consultations on August 14 not only have a negative economic impact but some of them are ambiguous and breach the existing international agreements.  CCF also argued…

Serbian-Romanian filmmaker Ivana Mladenović received the Heart of Sarajevo for Best Director on Friday night at the 31st Sarajevo Film Festival for her feature film Sorella di Clausura. The Romanian-Serbian-Italian-Spanish co-production competed in the festival’s international fiction section. “I am grateful for this award and for the way the film was received. I was very…

Open-top tourist buses returned to the streets of the Romanian capital on Monday, August 25, as the “Bucharest City Tour” line resumed operation. The service, operated by the capital’s transport company STB, offers visitors and locals a chance to rediscover the city, taking passengers past some of its most iconic landmarks. The hop-on, hop-off buses…

Thailand is quite a popular destination in Southeast Asia. It is renowned for its stunning beaches, ancient temples, and friendly locals. However, behind the smiles lies a culture rooted in tradition, respect, and subtle social rules. While most people are friendly and forgiving of mistakes, it’s still essential for visitors to understand basic etiquette. A…

The ratio between the market capitalization of companies listed on the Bucharest Stock Exchange and Romania’s GDP was 20.7% as of December 31, 2024, below the levels recorded in other regional markets, such as Greece (43.7%), Croatia (33.8%), and Hungary (21%).  The figure can be disappointing as Romania’s BVB has significantly more listed companies (346)…

OVES Enterprise, a Romanian software development company based in Cluj-Napoca, announced an expansion to the United States market through a strategic partnership with Adler Aerospace. The company will be developing large military drones based on the company’s artificial intelligence solution, Nemesis AI.  The agreement provides for the integration of the Nemesis AI platform into the…

Homeowners in Bucharest are finding buyers for their apartments faster than anywhere else in Romania, while sellers in Cluj-Napoca face the longest waits, according to a new real estate market report published by Imobiliare.ro and quoted by Agerpres. The study, titled Market 360: Residential Real Estate, Q2 2025, shows that transactions in the capital are…

Work has begun on restoring the alleys in Bucharest’s Herăstrău Park, as some were severely affected by the collapse of the bank and were facing a real risk of falling. The restorations will be complete in 2026. Herăstrău Park is nearly 100 years old and has been worn down by weather events and other phenomena. …