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Romanian transport minister Sorin Grindeanu claimed that another 250 kilometers of highway and express road will be opened to traffic in 2025. If the promises are fulfilled, Romania will reach nearly 1,500 kilometers of high-speed road this year, and will hit the milestone of 2,000 kilometers of highway over the next three years. “Last year,…

Banca Transilvania (BT), the biggest financial group in the country, said that it successfully completed its merger with OTP Bank Romania, strengthening its position as the market leader with a 23% market share. The integration boosts BT’s assets by 9%, its loan portfolio by 13%, and expands its presence, particularly in Bucharest and central Romania.…

Drone fragments found on March 1 in Romania’s south-eastern Galați county are of Russian origin and carried an active combat payload, the Ministry of National Defense (MApN) announced in a press release. The fragments were found 500 meters from the border with the Republic of Moldova. The explosive payload was detonated in a controlled manner…

Rates of decline in output and new orders soften Stocks of purchases increase for the first time on record Sharp and accelerated rise in input costs, but charge inflation cools Latest data provided signs that the decline across the Romanian goods-producing lost momentum midway through the opening quarter of the year. Although conditions remained challenging,…

A rally estimated at tens of thousands of participants from all over the country was organized by the far-right party AUR and its smaller newly emerged partner POT in favor of pro-Russian isolationist and former presidential candidate Calin Georgescu in Bucharest on March 1. The rally was organized by AUR, the party of far-right politician…

Romanian prime minister Marcel Ciolacu mentioned the option of broadening the ruling coalition with the reformist Save Romania Union (USR) after the latter avoided supporting the opposition’s no-confidence motion against the executive while still criticizing the prime minister. PM Ciolacu implied he might step down after thorough consultations with his party but insisted that the…

The Prosecutor General’s Office is in possession of evidence about a plot organised by former presidential candidate Călin Georgescu and a group of former French Foreign Legion fighters coordinated by Horațiu Potra, still active under contracts with African states, who immediately after the annulment of the presidential elections on December 6, 2024, were planning to…

Romania opposes the free trade agreement with the countries of the Mercosur bloc, considering that it will bring significant harm to the agri-food sector and Romanian farmers, said agriculture minister Florin Barbu. “Romanian farmers will be affected. I have asked the Commissioner [Christophe Hansen, European Commissioner for Agriculture] to give agriculture a three-year transition period…

One United Properties (BVB: ONE), the leading green investor and developer of residential, mixed-use, and office real estate in Romania, and Tomcat Hospitality, an experienced HoReCa company in Romania, will launch the largest food hall in Eastern Europe, Marketta Food Hall, located within One Gallery. This ambitious project aims to transform Bucharest’s culinary landscape, offering…

If Russian president Vladimir Putin, who invaded Ukraine in 2022, is not stopped, “he will certainly go to Moldova and perhaps further, to Romania,” French president Emmanuel Macron warned in an interview with several French newspapers quoted by Le Monde. The statement came after the disagreement between US president Donald Trump and his Ukrainian counterpart…