Category: Uncategorized
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Romanian president says elections were annulled due to “subtle and complex” foreign intervention
Speaking about the reasons that led to the annulment of the presidential elections in Romania, president Klaus Iohannis invoked a “subtle and complex” foreign intervention and admitted that there is not enough direct evidence to allow the country to name Russia as the origin of the intervention. Asked about why the decision to scrap elections…
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Romania’s reformist party USR outlines prerequisites for joining the future ruling coalition
Romania’s reformist party Save Romania Union (USR) on December 18 outlined a list of 8 actions the future ruling coalition should take, including the disclosure of the 2025 budget planning by December 23, the dismissal of the heads of Permanent Electoral Authority (AEP) and the intelligence service (SIE) for their involvement in the scrapped presidential…
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Study: Investors on Bucharest Stock Exchange became cautious in 2024
In 2024, investors on Romania’s stock exchange showed a marked preference for low-risk assets such as bank deposits and government bonds driven by a more predictable evolution of inflation, according to a new study on investor behavior. The preference change is part of the findings of the 2024 edition of the Market Pulse study, put…
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Renowned Swedish artist Jay-Jay Johanson to concert in Bucharest in March
Jay-Jay Johanson, a Swedish artist known for his melancholic and minimalist vocal style, is returning to Romania for a concert in Bucharest on Wednesday, March 5, at Expirat – Halele Carol. Johanson, born in Trollhättan on October 11, 1968, began composing music during his teenage years. In 1996, he released his debut album, Whiskey. The…
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Romania audiovisual watchdog orders removal of materials promoting totalitarian regimes on YouTube, Facebook
During a meeting on Tuesday, December 17, Romania’s National Audiovisual Council (CNA) decided to remove materials promoting totalitarian regimes found on YouTube and Facebook, but also TikTok, including posts containing antisemitic content and Legionary symbols. The posts in question include videos promoting totalitarian regimes, antisemitic content, and images of legionary leader Corneliu Zelea Codreanu, General…
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Cushman & Wakefield Echinox report reveals optimistic outlook for Romanian real estate market in 2025
The outlook for Romania’s real estate market in 2025 is marked by optimism, as 64% of investors surveyed expect an increase in portfolio values over the next year, while only 6% anticipate a decline, according to Cushman & Wakefield Echinox’s third annual “Real Estate Investors Sentiment Barometer.” The survey included top management from local, regional,…
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Limitless agency wins 3 awards at the 2024 Google Search Excellence Awards
Limitless Agency, one of Romania’s leading digital marketing agencies, has secured three awards for successfully implemented advertising strategies at this year’s Google Search Excellence Awards. The event celebrates excellence in PPC advertising and brings together top industry professionals, highlighting innovation and the significant impact of advanced tools in paid promotion. “The Google Search Excellence Awards…
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Romanian equity fund SARMIS capital announces acquisition of Total Technologies
Private equity fund SARMIS Capital, focused on Romania and the CEE region, announced the acquisition of Total Technologies, one of the most prominent Honeywell technology integrators for industrial automation in Central and Eastern Europe. The acquisition is carried out through Smart ID Technology, a SARMIS Capital portfolio company. It is meant to consolidate its ability…
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Romania’s Poiana Brașov opens ski season
Poiana Brașov, one of the most popular winter destinations in Romania, kicked off its ski season on Wednesday, December 18. At first, skiing will be available on all slopes in the upper area of the Postăvarul massif, on the beginner’s slope Stadion, and, depending on weather conditions and slope preparations, on the slope Bradul. In…
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Diana Jipa and Ștefan Doniga become first Romanian musicians to perform in Antarctica
Violinist Diana Jipa and pianist Ștefan Doniga have made history as the first Romanian musicians to perform in Antarctica. Their special concert, held at the Julio Escudero Scientific Base on December 14, is now awaiting recognition from Guinness World Records. Their remarkable achievement also marks them as the first musicians in the world to hold…