Category: Uncategorized
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New school year begins amid teachers’ protests in Romania
The new school year begins in Romania on Monday, September 8, but some of the teachers have decided to join a boycott against the austerity measures imposed by the government under the first reform package: more mandatory hours of teaching, lower pay for overtime, a larger maximum number of pupils in a class, and the merger…
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Rehabilitation works to begin at Bucharest’s main train station
The Ministry of Transport and Infrastructure (MTI) issued on Friday, September 5, a building permit for the modernisation of Gara de Nord, Phase I. Thus, the most important railway station in Romania, which is also a historical monument, is finally going to be rehabilitated. The first phase of the project includes the rehabilitation of the…
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Romania’s Black Sea military base reportedly considered for post-war security role
Romania’s Mihail Kogălniceanu military base at the Black Sea, currently operated by Romanian and US military but under expansion to become among the largest NATO bases in Europe, may play a role in the arrangements related to the peace process in Ukraine, according to Digi24, quoting sources familiar with the talks. The base would serve…
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Romanian government survives no-confidence motions, more tests to follow
The government of Romania, headed by prime minister Ilie Bolojan, survived, on September 7, the four no-confidence motions filed by the opposition in response to the five draft laws promoted under accelerated legislation procedure in Parliament. They received a maximum of 121 votes compared to 233 (of 465 MPs) needed to overthrow the executive, according to…
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Romania’s largest road constructor revealed as ghost company overlooked by tax agency ANAF
The largest construction company with the largest turnover in Romania, RichRBT (Road Bridges and Tunnels), with a EUR 700 million turnover and 1,251 employees declared in 2023, has its headquarters in a public toilet in downtown Bucharest, investigative reporters at Recorder revealed. Despite being ranked by the tax authorities among the largest companies in the…
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Romanian automobile producers and importers want owners of old cars to pay higher taxes
The Automobile Manufacturers and Importers Association (APIA) criticized the new car taxation criteria and made a public appeal to prime minister Ilie Bolojan to re-analyze the regulatory act assumed by the government, arguing that the taxation method established by this law has “essential substantive problems” – namely it doesn’t penalise hard enough those using or…
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ING Romania affirms 0.3% GDP growth forecast for 2025, cuts down outlook for 2026
In its research note on Romania’s Q2 GDP data, ING Romania announced that it keeps its growth forecast at 0.3% for 2025 while revising it downwards to 1.4% from 1.7% for 2026. Essentially, ING Romania sees private consumption cooling down but not witnessing a contraction. It expects a positive contribution to the overall growth coming…
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Romania confirms 2.4% y/y GDP growth in Q2
Romania’s GDP expressed in comparable prices picked up by 1.2% q/q (seasonally and calendar adjusted terms) and by 2.4% y/y (not adjusted data) in Q2, to EUR 89.5 billion, the statistics office INS announced on September 5, confirming the flash data issued on August 14. The GDP in the rolling four quarters hit EUR 365…
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New special parliamentary commission created in Romania to combat domestic violence
The Parliament has approved the creation of a new joint special commission dedicated to tackling domestic violence, marking an important step in Romania’s legislative efforts to protect women and children. The decision was taken on September 7 during a joint session of the Chamber of Deputies and the Senate, where lawmakers voted in favor of…
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Run for Life 2025: Charity race near Bucharest to support mothers and children in need
The fourth edition of Run for Life, a charity sporting event dedicated to supporting mothers and children in need, will take place on September 27 in Dumbrava Vlăsiei, with routes set in the forests of Codrii Vlăsiei near Snagov. The event aims to raise funds for the construction of the Maternal Life Call Center, which…