Category: Uncategorized

The Romanian state has lost another lawsuit filed by an energy supplier over unpaid compensation related to the government’s price cap policy for electricity. The total outstanding amount owed to all suppliers is estimated at over RON 8 billion (EUR 1.6 bln), according to industry sources quoted by Profit.ro.  On January 28, a Romanian court…

With over 18 years of experience in eCommerce, my team at Innobyte and I have developed hundreds of online stores. Our clients have ranged from traditional retailers transitioning to online sales, to large companies requiring customized solutions, and rapidly growing entrepreneurial businesses. One key conclusion we’ve drawn from this experience is that the more importance…

A 25-year-old Romanian man has been sentenced to life in prison in Texas after being found guilty of credit card skimming.  According to Judge Austin Reeve Jackson, the defendant stole more than USD 280,000 from residents of Smith County in a single weekend, prompting the court to impose a harsh penalty due to the severe…

Romania’s quality of life index has been evaluated at 142 out of 240, according to data from Numbeo, a global platform that collects indicators related to living standards.  The assessment places Romania at a moderate level in terms of purchasing power, healthcare services, property prices relative to income, and pollution levels. However, the country stands…

The Romanian team won six medals – three gold, one silver, and two bronze – in rowing (indoor rowing) on the final day of the Invictus Games Vancouver Whistler 2025.  The Invictus Games is an international sporting competition that was first held in 2014. It aims to highlight and encourage public recognition and gratitude for…

According to the United Nations (UN), in 2025, more than 20% of the population in Romania will be over the age of 65, making the country part of the list of super-aged societies, according to Visual Capitalist data quoted by Economedia.ro. Romania is experiencing fewer and fewer births each year, while the proportion of elderly…

Economy minister Bogdan Ivan said during a meeting with the Turkish ambassador to Bucharest that Turkey is Romania’s largest trading partner outside the European Union and that the value of trade exchanges continues to grow. Ivan met with ambassador Özgür Kıvanç Altan to discuss the development of economic relations between the two countries. The value…

Axionet IoT, a local entrepreneurial company, has secured a European funding grant of EUR 26.88 million from the European Climate, Infrastructure, and Environment Executive Agency (CINEA). The funds will support the development of 496 electric vehicle (EV) charging stations across 200 locations throughout Romania. Founded and led by entrepreneur Gabriel Ioniță, Axionet has become a…

Former Romanian footballer Cristian Chivu will be Parma’s new manager after the Serie A team fired coach Fabio Pecchia, the football club announced. He is set to begin training the team at the Mutti Training Center on Tuesday, February 18. Chivu, 44, is the former captain of the Romanian national team. He will be joined…

Interim president Ilie Bolojan reaffirmed Romania’s commitment to further strengthening its democratic institutions amid challenges triggered, among others, by the presidential elections canceled in 2024. Addressing the annual meeting with the heads of diplomatic missions accredited to Romania, he said the country remains dedicated to reinforcing democracy and public trust in its institutions. In his…