Category: Uncategorized

  • Nationalist candidates dominate Romanian presidential poll

    A recent electoral survey conducted by Sociopol for Romania TV reveals that nationalist and far-right candidates are poised to dominate Romania’s presidential election this May. The poll suggests that radical candidates, including leading figure Călin Georgescu, will advance to the second round regardless of whether Georgescu is permitted to run. The results spotlight Georgescu, a…

  • Romania’s Chimcomplex challenges cancellation of EUR 40 mln investment grant

    Chimcomplex, the largest industrial entrepreneurial company, controlled by Ştefan Vuza, requests reconsideration of the decision to cancel the state aid contract from the Ministry of Economy, signed at the end of 2023, and continuation of the dialogue to find viable solutions. “By winning a grant worth RON 195 million (for a RON 490 million resin…

  • IMF delegation to visit Bucharest in February

    An International Monetary Fund (IMF) delegation will visit Bucharest from February 3 to 7 to discuss with Romania’s new government and the National Bank, according to an IMF press release quoted by Ziarul Financiar. Led by Joong Shik Kang, the mission will review recent economic and financial developments and update the macroeconomic outlook.  Kang, a…

  • Yield of Romania’s RON bonds is rising, up to nearly 8% for 10-year maturity

    The average yield accepted by the Romanian Treasury in the latest auction for three-year bonds rose to 7.7% on January 15 from 7.04% one month earlier. The yield for five-year bonds increased to 7.75% from 7.22%, while the yield for 10-year bonds neared 8%. Separately, the Treasury is selling RON-denominated bonds to households with yields…

  • Romania’s electricity consumption up 1.8% y/y in Jan-Nov

    Romania’s final energy consumption increased by 1.8% y/y to 46.0 TWh in the first eleven months of 2024, according to data published by the statistics office INS. Households’ consumption rose by 3.2% y/y to 10.7 TWh, while the companies’ consumption advanced by 1.5% y/y to 36.0 TWh. Public administration used 4.7% y/y less electricity for…

  • Net wages in Romania still up real 7.8% y/y in November

    The average net wage in Romania increased by 13.1% y/y in November (+12.3% y/y in October) after a significant 2.3% m/m advance in the month (the steepest monthly advance since March), mainly driven by the manufacturing segment where the wages rose by 5.2% m/m to make up for the slower advance in the past. In…

  • Romania evacuates 12 Palestinian patients from Gaza for medical treatment

    Romanian authorities in coordination with the European Commission participated on Wednesday, January 15, in the urgent medical evacuation operation of 12 Palestinian patients from the Gaza Strip, along with 35 family members. Those evacuated are severely affected by the lack of access to adequate medical treatment. The operation was carried out with the involvement of…

  • CFR Călători to receive 12 new electric trains for eastern Romania

    Romania’s state railway operator CFR Călători will receive 12 new electric trains, which will connect Bucharest with the largest cities in the country’s eastern counties. The trains, part of a contract with the Railway Reform Authority, or ARF, will connect Bucharest North station to Suceava, Iași, Galați, as well as Iași to Cluj-Napoca.  According to…

  • Romanian government approves new presidential election schedule

    In a decision adopted in its Thursday meeting, the Romanian government approved May 4, 2025, as the new date for the first round of the presidential elections. The second round should thus be held on May 18, as agreed by the ruling coalition leaders last week. “Two government decisions and an emergency ordinance have been…

  • Romanian-born actor Sebastian Stan nominated for best actor at BAFTA Awards

    Romanian-born actor Sebastian Stan has been nominated in the category of “Best Actor in a Leading Role” for his performance in the film The Apprentice at the 2025 BAFTA Awards. Stan portrays Donald Trump in The Apprentice, focusing on the early years Trump spent in New York. The film depicts a young Trump as an emotional…