Category: Uncategorized
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Romanian business association Concordia drafts 20-point economic recovery plan
Romanian business association Concordia published on December 18 a 20-point plan to relaunch the Romanian economy in 2026 by eliminating taxes and extending tax credit to companies, encouraging corporate lending by pension funds and banks under looser regulations, extending more corporate grants from national and EU budgets, training the workforce under better public-funded schemes and…
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Romania’s construction works boast 13.9% y/y growth in October
The construction works volume in Romania surged by 13.9% y/y after the impressive 14.2% y/y in Q3 – when the sector contributed significantly to the country’s GDP advance, thanks to the strongest advance in value added terms (+12.1% y/y) in seven quarters. The outstanding advance in October was driven, however, by low base effects (unusually…
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Romanians’ consumption of non-alcoholic beverages falls 3.8% in 2024
Romanians’ average consumption of non-alcoholic beverages declined by 3.8% year on year in 2024, equivalent to a drop of 9.3 litres per capita, according to a study by the National Institute of Statistics cited by Economica.net. Total annual per capita consumption of non-alcoholic beverages – including mineral water, soft drinks, and non-alcoholic beer – stood…
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Wiz Khalifa given nine-month prison sentence in Romania over cannabis use on festival stage
American rapper Wiz Khalifa has been sentenced to nine months in prison by the Constanța Court of Appeal for possession of drugs for personal use, after smoking a cannabis cigarette on stage at the Beach, Please! festival in Costinești in 2024. The ruling, delivered on Thursday, December 18, is final, News.ro reported. In April 2025,…
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Two-thirds of Romanian customers do not return for second purchase, analysis says
More than 2 out of 3 Romanian consumers do not return for a second purchase, according to the new Customer Loyalty Index, a comprehensive analysis based on aggregated data from campaigns and authored by White Image, the oldest email marketing company in Romania. The Index analyzes the post-purchase behavior of Romanian consumers and highlights major…
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Romanian–Bulgarian consortium wins EUR 1 bln contract for Bacău–Piatra Neamț express road
Romania’s National Road Investment Company (CNIR) awarded on Tuesday, December 16, the contract for the design and construction of the Bacău–Piatra Neamț express road to a Romanian–Bulgarian consortium. The value of the contract is RON 5.17 billion (some EUR 1 billion), excluding VAT, and its signing will take place if no appeals are filed. The…
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Romania to host first mixed team European Judo Championship
Romania will host its first mixed team European Judo Championship in 2027, according to the Romanian Judo Federation. The competition will take place at a key moment in the Olympic cycle, when the points earned will directly influence world rankings and qualification for the Olympic Games, according to FR Judo. The event will take place…
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Primark plans to open four new stores in Romania in 2026
Fashion retailer Primark announced major plans to expand its presence in Romania, confirming four new store openings for 2026. This will double its presence in the market and create over 450 new jobs. The announcement arrived at an important moment for the company, which marked three years since the opening of its first Romanian store…
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Economy minister Radu Miruță proposed to head Romania’s Defense Ministry
Radu Miruță, currently Romania’s economy minister, was proposed to lead the Defense Ministry. He will also hold the position of deputy prime minister. In his place, senator Irineu Darău has been proposed to take the helm of the Economy Ministry. The Defense and Economy Ministries are handled by the center-right reformist party Save Romania Union…
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European chief prosecutor Laura Codruța Kovesi expresses shock over issues in Romanian justice system
European chief prosecutor Laura Codruța Kovesi, the former head of Romania’s National Anticorruption Directorate (DNA), said she was “shocked” by the revelations made by magistrates in the Recorder documentary ‘Captured Justice,’ released on December 9. The media investigation, which fueled major street protests in Romania, details how a structure coordinated and controlled through alleged benefits and penalties…