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Approximately 60% of Romanian companies have adopted cloud technology, and the percentage of those with a high level of implementation has increased over the past two years from 14% to 23%, according to the local report based on the Cloud Business Survey conducted by PwC Central and Eastern Europe. At the regional level, 68% of…

Global pop star Zara Larsson will perform for the first time in Romania at UNTOLD 2026, the organizers announced. The Swedish artist is set to take the main stage at UNTOLD ONE, the edition marking a new era for the Cluj-Napoca festival, this summer. With over 100 million monthly listeners across streaming platforms, Zara Larsson…

TISA Hotel Group is investing over EUR 6 million in a new four-star hotel in Băile Olănești, as part of plans to expand Romania’s balneary tourism sector. The project, Grand Hotel TISA, is scheduled for completion in 2026 and aims to meet growing demand for wellness-focused travel, the company said. The investment will fund a…

The Government adopted the GEO no. 17/2026, in force since 13.03.2026, amending and supplementing the legal framework for FDI screening established under the GEO no. 46/2022. The new regulation aims to clarify existing procedures, to modify the threshold for EU FDI screening from 2 to 5 million euros, widen the scope of the mechanism and…

President Nicuşor Dan said he supports the continuation of the current parliamentary majority and ruled out the possibility of early elections, following the European Council meeting, according to his statements reported on March 19. “I hope that this parliamentary majority will continue for a long time from now on,” the president said, adding that while…

Romania’s total grain production is expected to decline by 4.6% in 2026 to 23.7 million tonnes, according to projections by Cocereal, amid slightly reduced cultivated areas and weaker average yields, Economica.net reported. The overall cultivated area is seen decreasing by 1%, while lower productivity is set to weigh more significantly on output. Wheat production is…

Romania’s leading financial group, Banca Transilvania, is in talks with Pavǎl Holding to finance the latter in taking over the local operations of the French retailer Carrefour – a deal estimated at EUR 823 million – according to Ziarul Financiar. This would be a milestone deal for the Romanian banking sector, after the large companies…

Romanian president Nicușor Dan has joined nine European leaders in calling for a revision of the European Union’s Green Deal legislation, citing rising pressure on industry, according to a joint letter dated March 19 and consulted by G4media.ro. The initiative, led alongside Italian prime minister Giorgia Meloni, also includes the leaders of Greece, Austria, Poland,…

The macroeconomic confidence indicator compiled by the CFA Romania Society association improved to 48.4 points, advancing closer towards the 50-point neutral point, from 46.8 in January and 36.4 in December, and reaching the highest level since July 2024 before the presidential elections. The sharp improvement over the past couple of months was driven by the expectations…

The Parliament of Romania is expected to give its vote on the 2026 budget plan on March 20 after the ruling coalition’s parties reached an agreement to finance the RON 1.1 billion (0.05% of GDP) “solidarity package” required by the Social Democrats (PSD) and keeping the budget deficit within the 6.25%-of-GDP limit as requested by…