Category: Uncategorized
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Romania’s Treasury makes households’ access to government bonds even easier
Following a partnership between Posta Romana, the Authority for Digitalisation, and Visa, the Romanian households with an account on the Ghiseul.ro platform, so far used for paying property taxes, fines, and other dues to the budget, will also have the option of buying government securities issued under the Tezaur scheme. The facility particularly targets Romanians…
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Construction begins at Romania’s second subway system in Cluj-Napoca
The construction of the Cluj-Napoca subway began on Tuesday, February 25, with the consolidation work on the hill located in the area of station 2 in the Florești suburb. Once completed, the subway in Cluj-Napoca will be Romania’s second, after the one in Bucharest. It will be 21 km long and include 19 stations. The current…
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Romania’s Hidroelectrica reports lower net profit, revenues for 2024
Electric services group Hidroelectrica, the largest company on the Bucharest Stock Exchange (BVB), reported a net profit of RON 4.1 billion in 2024, down 35%, and revenues of RON 9.1 billion, 25% lower than in 2023, according to financial data published on Wednesday, February 26. Hidroelectrica said its results were influenced by the decline in…
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Romania’s High Court strikes down Călin Georgescu’s appeal to resume 2024 presidential elections
Romania’s High Court of Cassation and Justice has definitively rejected far-right politician Călin Georgescu’s appeal, through which he requested the suspension of the declassified documents that served as the basis for the annulment of the presidential elections in December 2024. The lawsuit was filed at the Bucharest Court of Appeal by the Association for the…
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Medisprof moves forward with project for new EUR 22 mln oncology hospital in Cluj-Napoca
Medisprof Cancer Center has received approval for the Zonal Urban Plan (PUZ) for its new integrated oncology hospital in Cluj-Napoca, marking another step in the project estimated at a total of EUR 22 million. The approval paves the way for the construction phase, which is expected to begin in 2026 and take 24 months to…
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Freedom House: Global decline in freedom in 2024, Romania facing “increasing pressure”
The annual report of US-based democracy advocacy organization Freedom House highlights a decline in freedom globally, while authoritarianism strengthened its influence. However, parts of the globe show improvements. Romania, with a score of 82/100, is classified as free, but facing “increasing pressure.” Freedom House compiles an annual ranking based on an index that includes the level…
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Călin Georgescu questioned amid investigation into actions against constitutional order
Călin Georgescu, the far-right politician who emerged from obscurity to the first place in the now-cancelled presidential elections, and whose financial backing was questioned from the beginning, was taken in to be questioned by prosecutors on Wednesday, February 26, in a case targeting, among others, alleged actions against the constitutional order. According to media reports,…
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Empower your Tomorrow with the British School of Bucharest Scholarship Programme
The British School of Bucharest (BSB) is delighted to offer the prestigious BSB Scholarship Programme for 2025-2026, Empower Your Tomorrow, aimed at talented students entering Year 10 and Year 12. This scholarship recognises exceptional abilities in key areas of the curriculum and honours students with a proven track record and potential for making significant contributions…
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Half of Romanian employees expect a salary increase in 2025, eJobs survey finds
More than half of Romanian employees anticipate a salary increase this year, according to a recent survey conducted by eJobs Romania. The findings indicate that 55% of respondents expect a pay raise at their current job, aligning with previous survey results that highlighted salary growth as a top professional goal for 2025. However, according to…
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ASI Alpaco moves production from Belgium to Romania and opens facility in Bucharest-Ilfov region
ASI Alpaco has announced the relocation of its manufacturing operations from Belgium to Romania, setting up a new facility in the Bucharest-Ilfov region. The company, the exclusive representative of ASI Group in Europe and the UK, aims to become the leading regional manufacturer of washroom cubicles, lockers, and other medical furniture solutions made from compact…