Category: Uncategorized
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Romanian prime minister touts lower budget deficit, new plans for economic recovery
Romanian prime minister Ilie Bolojan stated on Wednesday, January 21, that the executive is working on the 2026 budget, aiming for economic recovery and new investments. The PM added that reducing the budget deficit by over 1% of GDP, maintaining investments, and increasing revenues have contributed to regaining Romania’s credibility on the financial markets, even…
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Romania reportedly plans 800 km high-speed railway valued at EUR 15 billion
Romania is preparing a high-speed railway of almost 800 kilometers, which will cost an estimated EUR 15 billion, according to the feasibility study recently completed and analyzed by Profit.ro.The corridor will stretch from the Black Sea to the western border, from Constanța to Oradea, and involves a combination of modernizing existing lines for speeds of…
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Four in ten respondents in eJobs Romania survey use AI several times a day for work or personal life
Around 40% of the respondents in a recent survey conducted by eJobs Romania said they use artificial intelligence tools several times a day for work or personal purposes, highlighting the rapid adoption of AI in everyday routines. Another 23% said they use AI daily, while 21.5% rely on it weekly. Most users (64%) turn to…
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Terranova Logistic Park in northern Bucharest changes owners
Terranova Logistic Park, located on Șoseaua București -Târgoviște in the northern part of Bucharest, was acquired by a group of investors already active on the local market, Cushman & Wakefield Echinox announced, without revealing the identity of the new owners. According to Economedia.ro, the buyer is River Property. The park was previously owned by a…
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Head of Romania’s Competition Council takes over as chair of EU Agency for the Cooperation of Energy Regulators board
Bogdan Chirițoiu, the head of Romania’s competition authority, has been elected chair of the administrative board of the EU Agency for the Cooperation of Energy Regulators (ACER). Chirițoiu, who has led the Competition Council since 2009, has held posts as state councilor and as a university lecturer. He holds a PhD in Economics. At the…
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Romanian production selected in Premiers Plans d’Angers competition
Romanian director Vasile Todinca’s short film Alișveriș has been selected in the European Shorts section of the Premiers Plans d’Angers festival, which runs until January 25. The production was previously selected in the Semaine de la Critique section of last year’s Cannes Film Festival. The film follows Tatiana, an unemployed woman as she sells her…
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Romanians returned over 5.2 billion containers under deposit-return system in 2025
Consumers returned more than 5.2 billion beverage containers in 2025, pushing Romania’s deposit-return scheme to a nationwide collection rate of 83%, according to data released on January 22 by RetuRO, the administrator of the Deposit-Return System – known as SGR. The results cover January to December 2025. More than 350 million containers were returned in…
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TomTom index: Bucharest residents spent over 7 days stuck in traffic in 2025
Bucharest residents lost over 7 days in traffic jams last year, according to the 2025 TomTom Traffic Index ranking. Specifically, they lost 171 hours in traffic due to peak-hour congestion. The average travel speed was 18.5 km/h, and the average distance covered in 15 minutes was 4.6 km. According to the statistics, the city has…
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Council of Europe’s GRECO says progress made, but Romania must do more to prevent corruption among MPs
Romania has made progress in implementing anti-corruption safeguards, but must step up efforts to prevent corruption among members of parliament, the Council of Europe’s Group of States against Corruption (GRECO) said. In a report published on Thursday, January 22, the monitoring body noted that several key measures concerning parliamentarians remain only partly fulfilled or unaddressed.…
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Around 7% of Bucharest residents are foreigners, official report says
Almost 7% of Bucharest’s population is represented by foreigners, according to data from the General Inspectorate for Immigration cited by Radio Romania Actualitati. Bucharest immigration officials registered over 144,000 people in the city in 2025. Approximately 100,000 of them were from countries such as Nepal, Turkey, or Sri Lanka, while over 40,000 were primarily from…