Category: Uncategorized
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Romania’s far-right party AUR plans to suspend president Iohannis
The leader of the Romanian radical right-wing party AUR, George Simion, called for the resignation of president Klaus Iohannis and the judges of the Constitutional Court of Romania (CCR) in the context of the annulment of the presidential elections, accusing them of organizing a “coup d’état,” Digi24 reported. Furthermore, Simion announced that he intends to…
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Erste Group hopes statistical base and carry-over effects to boost Romania’s economy in 2025
GDP growth is projected to recover to 2.8% y/y in 2025 and 3.4% in 2026, from 0.8% in 2024, under a no-policy-change scenario, aided by statistical base and carry-over effects, Erste Group’s latest macro update on Romania reads, admitting that “the risks are clearly skewed to the downside.” Erste Group issues a broadly optimistic forecast…
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Wages in Romania up real 7.3% y/y in October
The average net wage in Romania increased by 12.3% y/y to RON 5,268 (EUR 1,059) in October, amid a 7.3% y/y growth in real terms, according to data published by the statistics office INS. The average gross wage was RON 8,612 (EUR 1,733). In euros, the average net wage in Romania increased by 12.1% y/y…
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Discovery set to premiere locally produced show “Made in Romania”
Discovery is set to premiere “Produs în România” (Made in Romania), the first locally produced show in recent years, in December. Each episode will showcase how various products are manufactured in Romania, as well as abroad. The new local show is produced by Discovery in partnership with GroupM and created by Studio Set. Each episode…
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Romanian Army conducts live-fire exercise with the Patriot missile system
The Romanian Army conducted a live-fire exercise with the Patriot missile system at the Capu Midia firing range (Constanța) between December 2 and 12. The exercise aimed to verify the system’s functionality and validate it through live-fire drills, as well as to prepare for increased operational capacity. “A Patriot surface-to-air missile battery from the 74th…
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Sports Festival brings football icon Ronaldinho to Romania’s Cluj-Napoca in 2025
Brazilian football legend Ronaldinho Gaúcho will come to the BTarena in Cluj-Napoca for a spectacular football show during Sports Festival 2025. The event, scheduled for June 14, promises an unforgettable experience for fans. The audience will have the chance to see the great Brazilian player in a football show, a unique concept emphasizing spectacle and…
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Rents see among the highest increases in Europe in Bucharest, Cluj
Rents have risen rapidly in recent years across Europe, but the highest increases were in Bucharest and Cluj, according to the Social Monitor, a project of Friedrich Ebert Stiftung Romania. In Cluj, rents in 2023 were 80% higher than in 2015, while in Bucharest the increase for the same period was 51%. Among the cities…
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International Junior Science Olympiad 2024: Romanian students claim 12 medals, including two gold
Romanian students ended this year’s International Junior Science Olympiad with a total of 12 medals, including two gold, the Education Ministry announced. The 2024 edition of the competition was hosted by Romania and brought together students from over 50 countries. Alexandru Ioan Jicu from the Gh. Vrănceanu National College in Bacău and Rareș Răzvan Gheorghe…
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Bank safely online: Essential tips for secure global transactions
In an era where online banking has become not only convenient but often essential, securing your global transactions is crucial. From personal savings accounts to international investments, more than 75% of banking is now conducted online. As transactions cross borders and regulations vary, the risk of fraud increases. Let’s dive into key online banking safety…
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GapMinder leads EUR 1.2 mln round for Romanian AI-driven medical documentation startup Parol
Parol, a Romanian startup specializing in AI-powered medical documentation, attracted a total investment of EUR 1.2 million. The biggest part of the sum, namely EUR 1 million, came from GapMinder Fund II. Parol is a startup founded in 2022 by journalists Claudiu Pândaru (CEO) and Alex Livadaru (COO), along with Alex Tepeș (CTO), a software…