Category: Uncategorized
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Knauf secures permit for EUR 75 mln plasterboard factory in Cluj
The Knauf Group has received the construction permit for a EUR 75 million plasterboard factory in Huedin, Cluj county, marking the largest investment in the region, Economica.net reported. The permit approval was announced by Huedin’s mayor, Mircea Moroșan. The German company, which includes Knauf Insulation Romania and Knauf Gips, began preparations for the Huedin facility…
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Romanian literature: Mircea Cărtărescu’s Solenoid longlisted for International Booker Prize 2025
Romanian author Mircea Cărtărescu is on the longlist for this year’s International Booker Prize, the influential award for translated fiction, with the novel Solenoid, translated into English by Sean Cotter and published at Pushkin Press. He is the first Romanian author to be longlisted for the prize, alongside 12 other authors nominated for the International Booker…
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Western European investors placed EUR 1.75 bln on Romanian real estate market over 5 years
Investors from Western Europe, particularly Austria, the Netherlands, Belgium, and the United Kingdom, have been the most active buyers of real estate assets in Romania over the past five years (2019–2024), making investments totaling EUR 1.75 billion, according to data from real estate consultancy Cushman & Wakefield Echinox. The Western European’s market share accounted for…
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Colliers report: Rising prices and limited supply push more Romanians toward renting in 2025
A new report from Colliers highlights significant trends in Romania’s housing market for 2025, revealing a continued rise in home prices, limited new supply, and increased demand for rental properties. The findings show that while housing deliveries fell by 15% nationwide and over 20% in Bucharest, demand increased by 7% in 2024. As a result,…
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Romanian governing coalition reportedly agrees to dismiss Electoral Authority head Toni Greblă
Romania’s ruling coalition, composed of the Social Democrats (PSD), the National Liberal Party (PNL), the ethnic Hungarian party UDMR, and the deputies representing the ethnic minorities, reportedly agreed to remove Toni Greblă from his position as president of the Permanent Electoral Authority (AEP). Greblă has led the AEP for two years after being appointed by…
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Deutsche Schule Bukarest Opens Its Doors on March 1, 2025
Families interested in providing their children with a multicultural education are warmly invited to attend the Open Day at Deutsche Schule Bukarest (DSBU) on March 1, from 10 AM. The event will take place at the school’s campus located at 20G Coralilor Street, Bucharest. Founded in 2007, DSBU has grown significantly and, since 2012, has…
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Romanian football club FCSB announces cyberattack disrupting ticket sales for Olympique Lyon match
Romanian football club FCSB announced on Tuesday, February 25, that its website has been targeted by a Distributed Denial of Service (DDoS) attack, which has caused disruptions in the online ticketing process. The incident occurred as the Bucharest team was selling tickets for the match against Olympique Lyon in the Europa League round of 16.…
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Goldbach Consulting supports the development of local communities through a national training program for sustainable development experts
The training program in sustainable development runs from April to July 2025, in 5 development regions of Romania. The postgraduate course targets over 1,200 future experts in sustainable development, who will become local leaders of change. The total value of the training program is RON 5.3 million, with funding entirely sourced from the National Recovery…
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Bucharest Stock Exchange awards best performers of 2024 at BVB Awards ceremony
On Tuesday, February 25, the Bucharest Stock Exchange (BVB) granted 20 awards to listed companies, brokerage companies, as well as to private pension and investment funds for their achievements in 2024 as part of the 12th edition of the BVB Awards. In the opening speeches, stock exchange officials also highlighted the growth of the local…
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Romanian far-right opposition files no-confidence motion against government
Far-right opposition parties AUR, SOS Romania, and POT submitted to parliament a no-confidence motion against prime minister Marcel Ciolacu’s government on Tuesday, February 25. USR, also in opposition, did not sign the motion. The document initiating the no-confidence motion was signed by 154 parliamentarians from AUR, SOS Romania, and POT, Europa Libera Romania reported. To…