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Romanian tennis player and women’s former world no. 1 Simona Halep has received a wild card for the qualifiers of the Australian Open, the first Grand Slam tournament of 2025, the competition’s organizers announced. Simona Halep, currently ranked 877, has not participated in a tournament in Australia in three years due to her August 2022…

Romania is set to become a key player in advanced optical technology with the creation of a High-Power Optics Center at Măgurele, within the Extreme Light Infrastructure – Nuclear Physics (ELI-NP) research facility. The investment, worth RON 193 million, will enable the production of optical components valued at EUR 1 million each, according to the…

Russia launched cyberattacks “aimed at influencing the fairness of the electoral process” and “the public agenda through the use of artificial intelligence and aggressive online promotion,” according to Mihai Weber, head of the parliamentary committee for the oversight of the Foreign Intelligence Service, or SIE. The statements were made on Tuesday, December 17, following a…

Distributie Energie Electrica Romania (DEER), the distribution operator within the Electrica Group, has taken a loan worth EUR 200 million from the European Investment Bank (EIB) to upgrade its electricity distribution network covering 40% of Romania and serving approximately 4 million households and businesses.  The loan, which can be disbursed in euro or lei, will…

A bit of outdoor fun, concerts, and a drop of magic – we list below some of the going-out options available this holiday season in Bucharest. Visit the Christmas markets Hot chocolate and mulled wine, concerts, Ferris wheels, and visits from Santa Claus, the various Christmas markets open throughout Bucharest are the festive season’s highlights,…

Alexandru Pişcan, the Romanian citizen accused by the Directorate for Investigating Organized Crime and Terrorism (DIICOT) of espionage on behalf of Russia, has been sentenced to five years and six months in prison for treason, Agerpres reported. The Bucharest Court of Appeal gave the verdict after Pişcan admitted to his crimes during the trial. The…

Kingfisher plc, the international home improvement company, announced the sale of its Brico Dépôt Romania business to local electro-IT market leader Altex for an enterprise value of EUR 70 million. The deal includes Brico Dépôt’s network of 31 stores in 24 cities, distribution operations, and head office in Bucharest. The sale is expected to be…

The Romanian media market is set to close 2024 on a stable growth trajectory, reaching an estimated value of EUR 778 million, an 11% increase compared to 2023, according to the Media Fact Book report by Initiative Romania.  The growth surpasses earlier forecasts despite economic and geopolitical challenges, driven by major sporting events such as…

Minister of energy Sebastian Burduja said that the sale of the energy supply company E.ON Romania to Hungarian state-owned company MVM will be subject to a strict analysis and highlighted that the deal should not necessarily be approved. Significant concerns were prompted by the high price paid by MVM, reportedly around EUR 200 million compared…

Romania’s labour market experienced a decline in job postings in 2024 compared to 2023 and 2022, reflecting global economic headwinds and companies’ cost-optimisation efforts after years of significant expansion and recruitment across industries, according to an analysis by online recruitment platform bestjobs. A total of 270,000 jobs were advertised this year, with the steepest declines…