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In Romania, the percentage of young people with digital skills is only 46%, the lowest in the EU and lower than that of neighboring Bulgaria, which has 52%. The European average is 71%, according to Eurostat data for 2023. Despite spending so much time online, young people in Romania are the least prepared in the…

The Romanian oil, gas, and fuel companies with a turnover of more than EUR 50 million will continue to pay the minimum tax on turnover of 0.5% – not 1.5%, as a Fiscal Code provision recently passed by lawmakers and promulgated by the president seemed to suggest, Economica.net reported. On December 4, the government adopted…

Romania’s electricity imports exceeded the 3,000 MW threshold for the second consecutive day on December 5, close to the maximum capacity of the cross-border transmission network.  This is partly due to the fact that renewable energy production is almost non-existent, Profit.ro reported.  Another reason for these huge imports is that some [renewable energy] producers prefer…

In 2023, the total turnover of the Romanian IT industry reached EUR 15.6 billion, but local spending on IT services remains low compared to other European markets, such as Belgium, argued Ovidiu Pinghioiu, country director of Cegeka Romania – a technology company, part of the Belgian IT group of the same name. “According to ANIS…

Moldovan president Maia Sandu visited Bucharest on Thursday, December 5, to publicly endorse USR leader Elena Lasconi ahead of the second round of Romania’s presidential elections on December 8. In a message also shared on social media, Sandu expressed her belief that Lasconi embodies the courage and authenticity needed to lead Romania. “I will vote…

BRD Groupe Societe Generale was designated “Bank of the Year in Romania” for the second consecutive year, during the ceremony organized on Wednesday, December 4, in London, by the British publication “The Banker”, part of the “Financial Times” group. This award reflects the international recognition of BRD’s exceptional results and ambitious strategy, which combines innovation…

Franchwise, the largest consulting company specializing in the field of franchises in Romania, is expanding its portfolio with the launch of a new franchise. Kimicar is an Italian brand with over 20 years of presence in Romania and more than 40 years in Italy, that specializes in the sale and distribution of professional cleaning products…

Remus Pricopie, the rector of public university SNSPA, stated that the institution is preparing a petition for Constitutional Court to suspend the second round of presidential elections, citing recently declassified documents showing Russian interference in the electoral process. Voting in the second round of the presidential elections is set to begin outside Romania on Friday,…

Romanian prosecutors from the Directorate for Investigating Organized Crime and Terrorism (DIICOT) announced on Wednesday, December 4, the indictment of a Colombian citizen who allegedly prepared acts of sabotage on Romanian territory at the instigation of a resident in the Russian Federation. The 34-year-old Colombian suspect is currently in preventive custody, and DIICOT finalized the…

The Portal of Freedom, a large-sized public art installation, will be set up in Timișoara as the city commemorates the 1989 Revolution, which started in the western Romania city. The 15-meter-high work, in the portfolio of the UK-based studio Lucid Creates, is meant as a “passage connecting with the past, with our history,” the local…