Category: Uncategorized
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Report: Measles cases surge in European Region, Romania reports highest number in 2024
Measles cases in the European Region have reached alarming levels in 2024, with Romania reporting the highest number. According to an analysis by the World Health Organization (WHO) and UNICEF, 127,350 measles cases have been reported across 53 countries in Europe and Central Asia, marking a doubling of cases from 2023 and the highest figure…
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Romanian academic renounces SNSPA award after Donald Trump’s nomination for Nobel prize
Vladimir Tismăneanu, a well-known professor of political science and director of the Center for the Study of Post-Communist Societies at the University of Maryland, announced on Friday, March 15, that he has decided to renounce the title of Doctor Honoris Causa awarded by the National School of Political and Administrative Studies (SNSPA), after the university…
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Romanian consumer protection agency closes restaurant in the Parliament Palace
A restaurant in the Brâncovenesc Salon of the Palace of Parliament was closed on Thursday, March 13, by inspectors from the National Authority for Consumer Protection (ANPC), announced the institution led by Cristian Popescu Piedone. Inspectors said they found products past their expiration date and irregularities regarding food storage, according to Hotnews.ro. ANPC ordered five…
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Sales of electro-IT goods up 10% y/y in Romania in 2024
Sales of electronics, home appliances, IT, and telecom products in Romania rose by approximately 10% in 2024 compared to the previous year, according to an analysis by Ziarul Financiar based on data from market research company NielsenIQ. The electro-IT market recorded steady growth across all segments, though the pace varied significantly. Home comfort products, a…
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Romania’s above-expectations 5% y/y February inflation questions yearend target, rate cut plans
The headline inflation in Romania edged marginally above 5% y/y in February from 4.95% y/y in January, but well above the 4.7% y/y market consensus and probably also above the central bank’s expectations – thus putting into question the monetary authority’s (recently revised) 3.8% y/y inflation forecast. The monthly inflation remained at an elevated rate…
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Romania’s industry shrinks by 2.5% y/y in January amid fragile outlook improvement
Romania’s industrial production contracted by 2.5% y/y in January, with a slightly milder decline of 2.3% y/y in the core manufacturing industries, the statistics office INS announced. However, there are positive signs: the workday-adjusted industrial output increased by 2.1% y/y (reflecting the smaller workday count in January 2025 compared to 2024) and the seasonally- and workday-adjusted industrial…
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Bucharest borrows EUR 34 mln from EIB to upgrade district heating system
The Bucharest City Hall has secured a EUR 34.4 mln loan from the European Investment Bank (EIB) to support the rehabilitation of the city’s district heating system. This funding marks the first tranche of a broader EUR 300 million loan package intended to finance key infrastructure projects, including district heating, urban mobility, and the modernization…
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Romania’s Constitutional Court rejects bill on higher military pensions
The Constitutional Court of Romania (CCR) admitted, on March 11, the objection of unconstitutionality regarding military pensions and decided that the Law supplementing Law no. 223/2015 on state military pensions is unconstitutional, according to Europa Libera Romania. The draft provides that military pensions in payment are indexed in relation to the salary or wage of…
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Japan’s Yokohama Rubber reportedly eyes Romanian ailing factory
Japanese corporation Yokohama Rubber reportedly intends to buy the bankrupt Romanian tire factory in Drobeta Turnu Severin, which specializes in the production of tires for the mining industry, earthmoving equipment, and oversized transport, according to Profit.ro. The factory was, until recently, owned by the company Euro Tyres Manufacturing, which went bankrupt at the end of…
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Romania introduces new electronic ID card in Cluj this month, nationwide rollout to follow
Romania will begin issuing the new Electronic Identity Card (CEI) on March 20, starting in Cluj County, with a gradual nationwide rollout to follow. The initiative was finalized after the Romanian government approved three decisions on March 13, setting the regulatory and technical framework for the new ID card system. The issuance of the new…