Category: Uncategorized
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The Geo-Political Reality of 2025 Surpasses All Predictions. How Does the Romanian Business Sector View H1 2025? The 12th Edition of CONFIDEX Begins
The forecasts made by managers in the second half of 2024, as expressed in the CONFIDEX study, were more pessimistic than the actual economic reality of Romania. The onset of the year, however, marked by surprising events, international geo-political tensions, and the unpredictability of the upcoming presidential elections in Romania, may heighten the caution levels…
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Arval Romania launches Re-Lease, the operational leasing service with used vehicles
Arval Romania has recently launched Arval Re-Lease, a new service dedicated to the local market focusing on the leasing of used vehicles that have completed an operational leasing contract. Arval Re-Lease is designed to meet the common needs of companies, offering comprehensive solutions to reduce costs associated with vehicle rental, insurance, and maintenance services. Arval…
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European Union Prize for Literature 2025: Bogdan Crețu’s novel Less Than Love is Romania’s nomination
Bogdan Crețu’s novel Mai puțin decât dragostea/ Less Than Love is Romania’s nomination for this year’s European Union Prize for Literature (EUPL). The EUPL recognizes emerging fiction writers from the European Union and beyond. Each year, national juries choose their proposal in a rotating selection of countries participating in the Creative Europe program. The Romanian…
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Romanian interim president attends European Council, meets with European leaders
Interim president Ilie Bolojan is attending the European Council in Brussels on Thursday, March 6, to signal Romania’s position in favor of strengthening NATO’s European pillar, supporting Ukraine, and increasing defense spending. He also met with several European leaders before the summit, including the next chancellor of Germany. European leaders met in Brussels to discuss…
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Cushman & Wakefield Echinox: Over 1 mln sqm of office space leased in Romania in 5 years, IT sector leads
Cushman & Wakefield Echinox reported that over 1 million square meters of new office space have been leased across Romania in the past five years, with the IT sector remaining the dominant driver of the market. According to the real estate consultancy firm, the demand for office spaces has been primarily generated by IT companies,…
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Romania passes EUR 100 bln mark in EU funds received since joining
Romania has received over EUR 100 billion in EU funds since joining the European Union in 2007, according to Marcel Boloș, minister of investments and European projects. The community funds have been invested mainly in infrastructure and community development. Thanks to the EU money, nearly 900 km of highways and express roads have been built in…
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Romania-Poland Cultural Season: Works by more than 60 Romanian artists on display in Krakow
One Eye Laughs, the Other Weeps. Romanian Art in the Ovidiu Șandor Collection, an exhibition gathering works by over 60 Romanian artists, is set to open at the International Center for Culture in Krakow (MCK) as part of the Romania-Poland Cultural Season 2024-2025. The exhibition, open between March 8 and July 20, spans works from…
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Fourth suspect in case of stolen Romanian gold artefacts receives extended detention in Netherlands
The Dutch judiciary has extended by 90 days the detention of the 26-year-old man suspected of involvement in the theft of the Coțofenești helmet and the Dacian gold bracelets from the Drents Museum. The four artefacts, valued at EUR 5.8 million, have not yet been recovered. Several archaeological pieces from the Dacia – Empire of Gold…
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Court upholds judicial control for Romanian far-right politician Călin Georgescu in ongoing investigation
Călin Georgescu, the far-right, Russia-friendly politician who surprisingly emerged as the first-round winner of last year’s presidential elections, remains under judicial control after a decision made by the District 1 Court on Thursday, March 6. The ruling is final, according to local news agency Agerpres. Georgescu was placed under judicial supervision for 60 days roughly…
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ECHR rejects Călin Georgescu’s challenge to annulment of Romania’s 2024 presidential election
The European Court of Human Rights (ECHR) has unanimously declared inadmissible the case brought by Călin Georgescu, a former ultranationalist presidential candidate, regarding the annulment of Romania’s 2024 presidential election. The decision, issued on March 6 by a three-judge committee, is final. Georgescu challenged the Romanian Constitutional Court’s decision to annul the 2024 election process,…