Category: Uncategorized
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German-Romanian business confidence declines as economic outlook worsens, AHK survey finds
Expectations for Romania’s economic performance have deteriorated significantly among companies in the German-Romanian business community, according to the 2025 business survey released this spring by AHK Romania, the Romanian-German Chamber of Commerce and Industry. The share of companies with a pessimistic view of the Romanian economy rose from 38% in 2024 to 57% in 2025,…
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Fiscal Council president warns Romania must raise taxes to fix deficit
Daniel Dăianu, president of Romania’s Fiscal Council, warned that reducing the country’s high budget deficit cannot be achieved solely through expenditure cuts, insisting that increased tax revenues and higher tax rates are unavoidable. Speaking in Parliament on May 27, he described the deficit as “gangrene” for the Romanian economy and said relying on spending cuts…
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Romania’s public deficit moderates at 2.95% of GDP in January-April
The general government budget deficit in Romania contracted by 2.3% y/y to RON 56.0 billion (EUR 11.1 billion, cash terms) in January-April, according to data published by the Finance Ministry. The deficit-to-GDP figure increased to 2.95% for the first four months of the year from 3.25% in the same period of 2024 but advanced from…
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Damen shipyard in Romania launches fully electric-ready ferry for Canadian company BC Ferries
Damen Shipyards Galati in Romania launched the latest Island Class Ferry for BC Ferries on Thursday, May 22. It is the seventh Damen vessel to sail in the Canadian organization’s fleet. The vessel, a Damen RoRo 8117 E3 model, is the first in an order of four battery-equipped diesel-hybrid vessels that will bring the total…
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GapMinder Fund invests EUR 2 mln in Romanian AI-based B2B sales automation company
The investment fund GapMinder, launched to back tech companies in Romania and Eastern Europe, announced an EUR 2 million investment in Salestools AI, an artificial intelligence company that automates the B2B sales process through digital agents. The Salestools AI solution identifies potential clients and interacts with them 24/7, conducts deep research, automates outreach via LinkedIn…
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Orange Romania brings 5G SA technology to the Danube Delta
Orange Romania has launched the first 5G Standalone (5G SA) network in the Danube Delta, offering high-speed connectivity to local residents as part of the 5G Connect Danube Delta (5G-CDD) project. The rollout was marked by the activation of 5G coverage during the Ivan Patzaichin International Canoe Marathon and is part of a three-year initiative…
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Nicuşor Dan greenlights reconstruction of Bucharest’s Unirii Platform on last day as mayor
The District 4 City Hall will reconstruct Bucharest’s central Unirii Platform, which is in an advanced state of degradation, after now-president Nicuşor Dan approved it on his last day as general mayor. According to a press release from the District 4 City Hall, the approval allows for the regeneration of public spaces in the area,…
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Foreign tourist attacked by bear while trying to feed it in Romania
A foreign tourist was bitten by a bear on Tuesday, May 27, while attempting to feed the animal near a hotel in Arefu commune, Argeș County, along Romania’s scenic Transfăgărășan road. According to media reports, emergency responders from the SMURD rescue service were dispatched to the site, and authorities issued a RO-Alert warning for the…
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AnimaWings celebrates the inauguration Bucharest–Stockholm route at the Romanian Embassy in Stockholm
AnimaWings, Romania’s smart cost airline, officially marked the launch of its direct route between Bucharest and Stockholm (Arlanda) during a dedicated event hosted at the Romanian Embassy in Sweden’s capital. The celebration gathered Romanian officials, Swedish travel professionals, business representatives, and Romanian community representatives, highlighting a new chapter in strengthening air connectivity between the two…
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Senate group of Romanian far-right party POT dissolved after more resignations
The parliamentary group of the Young People’s Party (POT) in the Senate – the upper chamber of the Romanian legislative – was dissolved on Monday, May 26, after two of its senators announced their resignation in the plenary session. Senators Liviu-Iulian Fodoca and Ștefan Borțun left the far-right party, the most recent departures in a…