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Three foreign citizens suspected of stealing jewelry and other goods during the Untold Festival in Cluj-Napoca were caught by Romanian police officers at the airport. The three, two men and one woman, all between the ages of 30 and 46, were detained while attempting to fly to Barcelona. Police from the Cluj-Napoca Criminal Investigations Bureau…

Over the last decade, Romania and Slovenia have delivered returns at the very top of the global table, right alongside the NASDAQ 100, but without NASDAQ-style valuations, according to an analysis from Divo Pulitika, board member at asset manager InterCapital. The figures registered over the last decade show a clear picture. Slovenia’s SBITOP, the main…

The global IT hub established by JTI in Romania has expanded from 140 employees at the beginning of the year to 170 currently, and is set to exceed 200 by the end of 2025. Located in Bucharest, the hub is one of JTI’s six technology centers worldwide. The experts in Bucharest provide Digital and IT…

Romanian students spend an average of 13 hours a week on homework, almost twice as much as their peers in Nordic countries, according to data from the OECD’s PISA 2022 study, quoted by ParentED. Finland ranks at the bottom in Europe with just six hours per week, while countries such as Switzerland, Denmark, and the…

Romania’s central bank BNR has sharply revised its inflation forecast for 2025, raising the year-end estimate from 4.6% to 8.8%, with the possibility of exceeding 9%, Biziday.ro reported. Governor Mugur Isărescu warned that inflation will peak in September, potentially reaching 9.6% or 9.7%, before gradually easing. The upward revision comes after the expiration of the…

The international documentary film festival fARAD is returning to Arad, western Romania, this autumn for its 12th edition. Running from October 8 to 12, the event will feature five days of screenings and meetings with guests from Romania and abroad, according to the organizers. For the first time, the festival is introducing a national competition…

More than 40,000 positions will be cut from local administration in Romania as part of a wider effort to reduce public expenses. In total, the expected annual financial impact amounts to RON 2.2 billion (EUR 434 million). The job cuts were announced by Romania’s minister of development, public works, and administration, Cseke Attila. Also cut…

The residential market in Bucharest and the surrounding Ilfov county showed signs of cooling in the first half of 2025, with the number of transactions down 10% compared to the same period last year. Despite the decline in sales, prices continued to rise, driven by high inflation, anticipated tax changes, and limited supply, according to…

Inflation jumped by 2.7% in a single month in Romania in July, compared to June 2025, to an annual rate of 7.8%. Although food prices did not increase significantly, the removal of the electricity price cap on July 1 led to an average 61% increase in electricity bills, according to a report from the National…

Romanian education trade unions are maintaining their warning of a general strike and possible boycott of the new school year after failing to secure concessions from the government during talks on August 11, Economica.net reported. Union leaders met with prime minister Ilie Bolojan and education minister Daniel David to protest measures in Law No. 141/2025,…