Category: Uncategorized

A joint venture between Ukrainian company Automagistral Pivden and Romanian builder Precon Transilvania has been awarded the contract for the construction of Lot 3 of the Arad-Oradea Expressway. The contract represents the first time that a Ukrainian company has been charged with building a segment of road in Romania in recent years. The builders have…

City Grill Group, a leader in Romania’s HoReCa industry, announces that 100% of the seats for their New Year’s Eve themed parties have been reserved, reflecting strong interest in the events hosted at their venues. This year, the group expanded its capacity to 2,600 seats, 900 more than last year, following the addition of Zooma, an…

Signal Iduna, one of the largest financial groups in Germany, officially began evaluating its entry into the mandatory civil liability insurance policy for motor vehicles (RCA) market in Romania. In recent years, the RCA market in Romania has undergone a series of significant changes, such as the adoption of essential legislative changes created with the…

K2 Retail Properties, part of the Goldbach Group, has announced the opening of its first K2-branded retail park in Râșnov, Brașov county, and the development of 22 additional retail galleries nationwide. Fully leased to international retailers, the retail gallery in Râșnov marks the first of its kind for the brand and is part of the…

Norofert, the leading producer of organic agricultural inputs and biotechnology provider for Romanian agriculture, listed on the Bucharest Stock Exchange’s AeRO market (BVB symbol: NRF), said it completed a new bond issuance worth RON 6.95 million. These bonds will be listed on the Bucharest Stock Exchange’s SMT (AeRO market) under the symbol NRF29, with the…

Four US senators have condemned Russia’s interference in the presidential elections in Romania and expressed their support for the country and the integrity of the electoral process.  The senators, who are members of the Senate Committee on Foreign Relations from both the Democratic and Republican parties, argued that the interference is an example of Russia’s…

The Romanian Ministry of Education has approved the curriculum for the subject “The History of Communism in Romania,” which will be taught to 12th-grade students in day programs and 13th-grade students in evening and reduced-frequency programs starting with the 2025-2026 school year. The subject, included in the new education law, aims to help young people…

European Aquatics revealed the nominees for the 2024 Athlete of the Year Awards, and three Romanians are on the list: star swimmer David Popovici and high divers Cătălin Preda and Constantin Popovici. Fans can vote for their favorite athletes by December 31. The awards celebrate male and female competitors across the whole range of European…

Romania continues to rank among the European Union countries with the lowest gross minimum wages, standing at EUR 604 (approximately RON 3,000) in the second half of 2023 and set to rise to EUR 743 (around RON 3,700) in the second half of 2024, according to the latest edition of Monitorul Social, a project of…

Representatives of the reformist Save Romania Union (USR), after another round of talks on December 16, hinted they would pull out of the negotiations for a broad ruling coalition because the incumbent alliance partners came up with plans to hike the tax rates instead of cutting public spending. Realistically speaking, the weak budget revenues in Romania…