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Romania’s National Audiovisual Council (CNA) has introduced new advertising restrictions targeting the gambling sector, including a ban on the use of celebrities in promotional content and the mandatory broadcast of public warnings comparing gambling to drug addiction. The updated regulations were published in the Official Gazette and will enter into force on October 6, Golazo.ro…

The interim president of the Social Democratic Party (PSD) in Romania, Sorin Grindeanu, stated on July 10, after the opposition delivered its no-confidence motion against the government, that “his party did not join the ruling coalition to leave [a couple of weeks after]” but warned that the coalition operates on the grounds of a protocol…

Chinese electronics manufacturer Luxshare has acquired a 50.1% stake in German automotive cable producer Leoni AG, which operates several large-scale production facilities in Romania employing thousands of workers, Profit.ro reported. The majority share was purchased from Austrian entrepreneur Stefan Pierer, who previously held full ownership of Leoni through his group.  The strategic transaction marks Luxshare’s…

One of the bear cubs left orphaned after their mother was shot and killed following the deadly attack on the Transfăgărășan mountain road last week was found alive on Thursday, July 10. Extremely weak, hungry, and frightened, the cub is now safe and receiving care at the AMP Libearty Zărnești sanctuary. The three cubs, only…

Villages in Romania will host the third edition of The Night of Museums in Villages on September 6, 2025, an event dedicated to rural heritage and the communities that keep it alive. The event, organized by the Da’ De Ce Association, invites visitors to discover living history, local collections, village stories, and the people who…

Blue Air Aviation S.A. has officially entered bankruptcy following a decision approved by its creditors and announced by Infinexa, the Romanian company appointed as judicial administrator. Infinexa, which specializes in restructuring and financing distressed businesses, cited the airline’s failure to secure a strategic investor and its mounting losses as key reasons for initiating the proceedings.…

The rating agency Moody’s, which, among others, analyzes the viability of states as debtors, welcomed the fiscal measures adopted by the Romanian government toward budgetary balance, according to a press release from the Ministry of Finance. Moody’s estimates that, if the package is fully implemented, the budget deficit could be 7.8% of GDP by the end of…

Large French retailer Carrefour introduced the first smart shopping cart system in Romania on Thursday, July 10.  Available exclusively in the hypermarket in Corbeanca, a town in the north of Bucharest, the Smart Cart functions like an integrated shopping assistant, which optimizes the route in the store, displays the products available, and shows the value…

The Paris Court of Appeal refused to extradite prince Paul Philippe to Romania, where he has to serve a prison sentence in an illegal restitution case on Wednesday, July 9. This is the second time that France has denied a request for his extradition. The refusal comes after a month of analysis. The president of…

Industrial rents in Romania remain among the lowest in the EMEA region, despite a 15% increase since 2019, according to the latest Waypoint Global Industrial Dynamics Report released by real estate consultancy Cushman & Wakefield Echinox. The report highlights Romania’s competitive position within a rapidly evolving global logistics landscape, where Central and Eastern Europe (CEE)…