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The Deposit-Return System, Romania’s largest and most complex national circular economy programme, has reached its one-year milestone. This year has been marked by challenges, high expectations, and significant accomplishments. In an interview with Romania Insider, Gemma Webb, CEO and Chairman of the Board of RetuRO DRS, shared insights into the achievements of the DRS’ first…

Bogdan Mureșanu’s highly acclaimed debut feature Anul Nou Care N-a Fost/The New Year That Never Came will be available to Netflix subscribers in Romania and the Republic of Moldova starting December 22, marking the 35th anniversary of the 1989 Revolution.  The film, which has garnered praise at international film festivals and has been celebrated in local…

Romania’s electoral authority AEP used blockchain technology for counting and validating votes in the first round of the presidential elections on November 24, making Romania the first country in the EU to use such technology in the electoral system, Profit.ro reported. AEP, in collaboration with the Special Telecommunications Service (STS) created a portal where results…

Salt Bank, the first Romanian neobank, received international recognition in London, at the Banking Tech Awards 2024, winning the award for Best Use of Tech in Retail Banking, an achievement that reflects the work of the team and its partners, GFT and Engine by Starling. In less than a year, Salt Bank has created a…

Thousands of people gathered in Bucharest’s Universității Square on Thursday evening, December 5, for a pro-democracy, pro-Europe rally titled “Romania Hopes,” held just three days before the critical presidential runoff election on December 8. The event featured speeches from several public figures, including actors, musicians, and writers, who called for unity, democratic values, and a…

The Russian Embassy in Bucharest condemned the US State Department for “interfering” in Romania’s presidential elections after the latter expressed concern over “state actors” influencing voters on social media.  On December 4, the US State Department warned Romania about “serious negative consequences” if the country distances itself from the West through the election of pro-Russian…

The Foreign Investors Council (FIC) has emphasized the continued importance of Romania’s NATO and EU memberships, as well as the country’s accession to the Schengen Zone and OECD, for attracting foreign investments.  According to a recent analysis of taxes paid by member companies and their employees in 2023, FIC companies invested RON 17 billion, accounting…

Romania’s forestry authority Romsilva announced that it is offering over 18,000 Christmas trees for sale during the holiday season.  Around 14,000 of the trees up for sale are fir trees, and prices at the various forestry offices range from RON 15 (EUR 3) to RON 35 (EUR 7), depending on the size and species of…

The CFA Romania Association’s Macroeconomic Confidence Indicator decreased in November by 13.5 points to 31.4 points, the lowest level since July 2020, according to the latest report. “Amid extremely high political uncertainty, and the sharp increase in investor risk aversion, the confidence indicator has fallen to levels reached only during the Coronavirus pandemic,” commented Adrian…

Moldova’s prime minister Dorin Recean sacked minister of energy Victor Parlicov, head of state-owned energy trade Energocom Victor Binzan, and state’s representative in the Supervisory Board of Moldovagaz Sergiu Tofilat, whom he accused of failure to secure the necessary natural gas deposits ahead of the winter. PM Recean sent lawmakers a request to introduce a…