Category: Uncategorized

Romania is currently preparing state aid schemes for companies affected by the customs tariffs announced by president Donald Trump on Wednesday, April 2, according to statements made by prime minister Marcel Ciolacu. The US imposed tariffs on all countries worldwide, with a “minimum base tariff” of 10%, starting April 5. However, for some countries, the…

Impact Hub Bucharest, in partnership with EIT Food, has opened the applications for Empowering Women in Agrifood (EWA), an EIT Food acceleration program dedicated to female entrepreneurs and their projects in the agri-food sector. Ten female entrepreneurs from the agri-food sector will benefit from mentoring, training sessions and ongoing support, access to an international community…

The United States Embassy in Bucharest has announced an update to visa requirements for Romanian citizens wishing to travel to the US, following president Donald Trump’s decision to suspend Romania’s entry into the Visa Waiver Program.  According to the announcement, starting April 7, 2025, all temporary visa applicants must present a printed copy of the…

Digital Nation and the Ministry of Education and Research have partnered for the implementation of Saro, an AI-based solution, in schools and universities across Romania. The solution will allow students, pupils, and teachers access to an AI-powered assistant designed to address challenges such as school dropout, excessive bureaucracy, declining motivation, the need for personalized learning,…

The town of Borșa, in northern Romania, is in discussions with the North-West Regional Development Agency to obtain at least EUR 50 million to connect its Olympic ski slope with the old slope in the Runcu Știol area and the one in Prislop Pass, resulting in approximately 25 kilometers of interconnected ski slopes. The funds…

Real estate developer Speedwell Development has appointed Yannick Van de Parre as country manager for Romania. In this new role, he will support the co-founders Jan Demeyere and Didier Balcaen with the executive management of Speedwell Romania, “ensuring operational efficiency across all projects and leading the local team as the company continues its growth in…

Britain imposed sanctions on April 2 on pro-Kremlin network Evrazia, a Russian non-profit organization used by fugitive oligarch Ilan Shor to bribe Moldovan citizens in the 2024 EU referendum, according to newsMaker. The pro-Kremlin network is accused of rigging Moldovan elections and destabilizing Moldovan democracy.  Among the individuals sanctioned are Evrazia founder Nelli Parutenko, board…

Romania’s Minister of Agriculture Florin Barbu confirmed on April 2 that the state-controlled natural gas group Romgaz is in talks to take over the fertilizers factory Azomures, which would thus use natural gas at an affordable price. Azomures could cover some 60%-70% of the domestic fertilizers consumption, he added. Romgaz has published an announcement in…

Capital Economics expects moderate growth in Romania’s GDP this year and in 2026, of 1.8% and 2.3%, respectively, according to Curs de Guvernare. “The political context poses a major risk to the economic outlook, given the divisions within the governing coalition and the increase in support for the far right ahead of the rescheduled presidential…

A survey conducted by MKOR shows that far-right candidate George Simion is leading in voting intentions for the presidential elections, with 31.2% of the votes cast. Still, he would lose the second round against two of his challengers: independent Nicuşor Dan and ruling coalition’s candidate Crin Antonescu, according to the survey, presented by Bursa. The…