Category: Uncategorized

Romanian carmaker Dacia, part of the French Renault group, unveiled a new electric car prototype named Hispter Concept. Meant to compete with low-cost models from China, the car is reportedly expected to have a starting price below EUR 15,000. The new car, unveiled in Meudon, near Paris, measures only 3 meters in length and weighs…

Gravity Research, a technology startup based in Cluj-Napoca and founded by entrepreneur Erik Barna, has secured RON 7.6 million in funding to develop an artificial intelligence-powered software solution for optimizing solar energy production in photovoltaic parks. The project, called Heliotech.ai, is co-financed through the Smart Growth, Digitalization, and Financial Instruments Program 2021–2027 (PCIDIF). According to…

Romania is among the European states with the lowest proportion of immigrants in its population, according to the latest Eurostat data from January 2024, as analyzed by Visual Capitalist. Only 3% of the country’s population, or approximately 588,000 people, are immigrants.  The data includes people with residence of more than 12 months in a country,…

Update: President Nicușor Dan has appointed new presidential advisers, state counselors, and honorary advisers who will begin their duties in October and November 2025, the Presidential Administration said on Monday, October 6. The appointments include Marius Lazurca as presidential adviser for foreign policy, Valentin Naumescu for European affairs, Ludovic Orban for domestic policy, and Andreea Miu,…

Romanian prime minister Ilie Bolojan, in a speech delivered on October 3, some 100 days after his government took office, assured that the local administration reform had been agreed upon by the ruling coalition and said he hoped to see the second package of budgetary reforms cleared by the Constitutional Court on October 8. A…

The city of Sibiu, in Romania’s famous Transylvania region, will host two major jazz events next month — the Sibiu Jazz Competition and the 53rd Sibiu Jazz Festival. According to the organizers, the competition will take place on November 3–4, followed by the festival on November 5–9. Registration for the competition opened on September 27…

The Social Democratic Party (PSD) in Romania will hold its congress “as soon as possible,” said first vice president Daniel Băluţă on October 4, adding that the party’s interim president, Sorin Grindenau, would announce the precise calendar in the coming days, after the party’s summit. Băluţă, PSD’s likely candidate for the Bucharest mayor position, announced…

Romanian telecommunications group Digi Communications (BSE: DIGI) announced that it has completed a EUR 300 million investment with Aberdeen Group to develop the fiber optic network in Spain, which is now covering 2.5 million homes, Economica.net reported. “The Company informs the market that on October 1, 2025, Digi Spain Telecom and the investment vehicle part…

The Ministry of Finance announced that the yields to be paid under the October scheme Fidelis of state bonds dedicated to households, launched monthly by the Ministry of Finance and traded on the Bucharest Stock Exchange, are kept at the same levels as in September. A new maturity of three years for the bonds denominated…

Selling additional stake in state-owned enterprises that are already listed or listing more state-owned companies are options under the government’s consideration, prime minister Ilie Bolojan said during his October 3 press conference, mentioning the state-owned bank CEC and the Bucharest Airports Company – CAB among the possible targets. Neither CEC nor CAB is listed. “In…