Category: Uncategorized

At Cluj Airport, however, the airline has attributed the cancellation of its Cluj-Frankfurt and Cluj-Vienna routes from October to low passenger load factors. “Indeed, AnimaWings is cancelling several destinations because they have low load factors. It is a difficult problem worldwide with fuel prices,” David Ciceo, director of Avram Iancu International Airport in Cluj-Napoca, told…

Revolut has surpassed 5 million retail customers in Romania after adding more than 500,000 users in less than 12 months, the company announced. It is also preparing to open a new 1,300 sqm headquarters at Charles de Gaulle Plaza in Bucharest. The number of Romanian customers using Revolut as their primary bank increased by 40%…

In the latest episode of Voices of Romania, Andrei Manea, Executive Director of the Romanian Photovoltaic Industry Association (RPIA), sits down with Dylan Delhommois to discuss the sector’s evolution, the real drivers behind high energy prices, and what still needs to happen to fully unlock Romania’s solar potential. Romania Insider has released a new episode…

The Ilfov County Committee for Emergency Situations has refrained from imposing a state of alert regarding the waste burning at Sintești, a locality near Bucharest infamous for this practice, despite pleas from the Environment Ministry. The decisions were made during an extraordinary meeting of the headquarters of the County Committee for Emergency Situations on Monday,…

The analysts pointed to some improvement in growth momentum on a quarter-on-quarter basis in the third quarter, which “supports our view that economic activity is likely to be stronger in H2 than in H1”. “We continue to expect a recession in 2026, with GDP contracting by 0.7%, while growth is projected to move closer to…

“And that is why we must continue the fiscal-budgetary correction. We must try to use the structural and cohesion funds as best as possible. Let’s be more careful with the investments we make, because some are nonsense, so they do not have good effects for the economy,” Dăianu said, according to Economedia.ro. He also called…

SAI Muntenia Invest received 86.1% of the votes cast by shareholders present or represented at the meeting, equivalent to 35.5% of the fund’s share capital, according to the results presented at the meeting, Ziarul Financiar reported. The result did not depend on Lion Capital, which owns an 18.1% stake in Fondul Proprietatea. Even if Lion…

Several banks, including market leader Banca Transilvania, have announced plans to appeal. Raiffeisen said the documents it received did not contain evidence beyond that already made public, according to Cursdeguvernare.ro. The banks have 60 days from receiving the final decision and its reasoning to submit plans of measures aimed at eliminating the alleged anti-competitive practices.…

Dan said early elections would bring no benefits and would instead prolong instability and undermine the confidence of both Romanian citizens and financial markets. His statement can also be read as further weakening the already limited parliamentary prospects of Mureşan’s cabinet, and as signalling that, should the government fail, the president favours another attempt to…

The Romanian Parliament will vote on prime minister-designate Siegfried Mureșan’s proposed government on Wednesday, September 30. The cabinet needs at least 233 votes – the majority of all deputies and senators – to take office, but Mureșan has acknowledged that he currently expects support from only around 200 lawmakers. The joint session of the Chamber…