Category: Uncategorized
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Poll shows weak public trust in Romania’s judiciary system
Seven out of ten (70.5%) have very little or no trust in the judiciary, while over two-thirds (67.4%) believe that the justice system is not independent, according to the results of an INSCOP survey published on January 20. Those who have a level of distrust in justice higher than the average are especially USR voters,…
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Moldova’s ForMin argues for reunification with Romania if Russia “gets too close to our border”
After the Republic of Moldova’s president Maia Sandu’s recent statement, prime minister Alexandru Munteanu also confirmed at the end of last week that he would personally vote for the country’s reunification with Romania and foreign affairs minister Mihai Popșoi shared the same preference, further explaining that the reunification scenario would emerge as a necessity in…
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Romania assesses Board of Peace membership’s compatibility with its existing commitments
Romania’s president Nicusor Dan saluted US president Donald Trump’s initiative aimed at promoting peace and said the Presidency is carrying out an evaluation to assess Romania’s membership in the Board of Peace with the country’s other international commitments – as a member of the United Nations (UN), Organisation for Economic Co-operation and Development (OECD), and…
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PwC reveals pessimistic expectations among Romanian managers
Romanian company leaders are approaching 2026 with increased caution amid deteriorating macroeconomic conditions and rising fiscal pressure, according to PwC. A third of executives surveyed expect Romania’s economy to accelerate this year, down from half last year, while 42% anticipate slower growth or a contraction. Confidence in the performance of their own companies has also…
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Romania’s M&A market steady at USD 6.7 billion in 2025, says EY Romania
The Romanian mergers and acquisitions (M&A) market recorded positive dynamics in 2025, with the number of transactions increasing by 3% compared to the previous year, up to 275 transactions, with a total value estimated at USD 6.7 billion (steady y/y), according to an analysis conducted by EY Romania. At the same time, the level of…
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Romanian fast-food chain Fryday doubles operations in 2025 and seeks expansion abroad
Romanian fast-food chain Fryday, founded by Lucian Florea in Suceava, doubled its revenues in 2025, reaching RON 140 million (EUR 28 million), the entrepreneur said. The growth was driven by an accelerated expansion, with the chain opening 13 restaurants last year to bring its network to 26 units. “We want to reach 40 restaurants this…
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Fate of Romania’s troubled steel mill Liberty Galati in limbo
Selling the assets of Romanian steel mill Liberty Galati, under insolvency since last March and not operating since last September, under a restructuring plan drafted by external management Euro Insol and CITRL remains uncertain since the tax collection agency ANAF reportedly refused to approve the plan and state-owned bank Exim Banca Romaneasca filed some objections,…
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Romania’s Finance Ministry may set more ambitious targets for 2026 budget
The draft 2026 budget plan is based on a scenario that includes 1% economic growth and envisages a public deficit of around 6%, Romanian finance minister Alexandru Nazare announced on January 20 after the meeting of the ruling coalition. The final target will be announced after discussions with those involved, he added, Economica.net reported. Under…
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Simona Halep returns to Cluj-Napoca as honorary ambassador of Transylvania Open
Former world number one Simona Halep has been named honorary ambassador of the Transylvania Open, organizers announced on Tuesday, January 20. She will attend the 2026 edition of the WTA 250 tournament in Cluj-Napoca and will present the trophy to the winner at the end of the competition, Agerpres reported. Halep is also set to…
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Train yourself in ESG: Join CES ESG Institute – Romania’s First Private Corporate ESG Program
In today’s rapidly evolving business landscape, mastering sustainability is the ultimate edge. Companies that integrate Environmental, Social and Governance (ESG) principles into their strategy are not only building trust with clients and partners but also future proofing their operations. Recognizing this need, BUCHAREST CENTER FOR ECONOMY & SOCIETY (CES Bucharest) launches CES ESG Institute, the…