Category: Uncategorized

Romania’s industrial output contracted by 1.8% y/y in February after the 3.5% y/y fall in January, setting the grounds for a steep contraction in the first quarter of the year, according to data published by the statistics office INS. After three years of steady industrial decline, the premises for a change in dynamics towards an…

The International Monetary Fund (IMF) expects Romania to follow its agreed fiscal consolidation path only in the short term, with a likely slowdown starting in the 2028 electoral year and no return to a deficit below 5% of GDP through 2031, according to the latest World Economic Outlook (WEO) published on April 14. Under the…

Romanian prime minister Ilie Bolojan held a phone call with incoming Hungarian premier Péter Magyar, congratulating him on his recent election victory. The Romanian leader also invited him to pay an official visit to Bucharest, signaling openness to closer bilateral cooperation. Magyar, who has defeated longtime leader Viktor Orbán – a close ally to both…

A variety of films and a nature-centered event highlighting Japanese traditions are part of the weekend offer in Bucharest. In Bucharest: Film O’Clock International Festival April 16 – April 19 This year’s selection brings together classic films, restored and contemporary productions in a program that explores the tension between reality and representation. More here. Alpin…

The Yellow Tie, the biopic by Serge Ioan Celibidachi about his father, conductor Sergiu Celibidache, will open this year’s edition of the Romanian Film Festival/ Muestra de Cine Rumano in Spain. The film will be screened on April 17 at Cineteca Madrid and on April 19 at Teatro Filarmónica in Oviedo. Director Serge Ioan Celebidachi…

The average total office fit-out costs in Bucharest slightly increased in 2025 to EUR 1,077 per sq. m, according to data from the Cushman & Wakefield Echinox real estate consultancy company, based on the EMEA Fit-Out Cost Guide 2026. However, Bucharest remains one of the most affordable markets in Central and Eastern Europe (CEE), with…

Romania is the most exposed country in Central and Eastern Europe (CEE) to the consequences of the war in the Middle East, according to a report by the Austrian banking group Erste, present in Romania through major bank BCR. Its vulnerability partly stems from its bloated public deficit and the measures taken to lower it. In…

The 2026 edition of the Super Chess Classic Romania tournament is set to bring together 10 of the world’s best chess players in Bucharest from May 14 to 23.  This year’s edition of the classical chess competition is hosted in the historic premises of the Museum of the National Bank of Romania and has a…

Rheinmetall, the leading weapons producer in Europe, intends to build a “defense ecosystem in Romania” and massively expand its presence in the country with the production of vehicles, military ships, ammunition, air defense systems, and explosives, according to Nick Știrban, Rheinmetall’s representative in Romania, in an interview given to Mediafax.  Over 2,500 additional jobs will…

IZI, Romania’s first bag-based recycling system, has surpassed 1 million returned packaging items, according to the company. The milestone comes less than a year after its launch, as the system continued to expand. IZI allows users to return bottles, cans, and plastic packaging in bulk, without inserting them individually into machines. Using a mobile app,…