Category: Uncategorized
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Romanian carmaker Dacia accelerates personnel downsizing to 1,200 this year
Automobile Dacia, one of Romania’s two automobile producers and among the country’s largest exporters, confirmed the personnel downsizing scheme that eliminated 1,200 employees by either voluntary leave (against a severance package) or non-renewal of the temporary labour contract, according to Ziarul Financiar. The company’s personnel already decreased from more than 14,700 in 2018-2019 to close…
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Romania’s industrial activity hits lowest level since lockdown in January
Romania’s industrial production index contracted by 4.0 y/y in January, dragged down by a major 6.4% y/y plunge in manufacturing, partly offset by more intense activity (+8.6% y/y) in the sector of utilities. Mining and quarrying contracted by 2.0% y/y. The seasonally adjusting industrial output dropped by 3.3% m/m compared to December, dragged down by…
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Romanian-born director Natalie Musteață wins Oscar for best live action short film
Romanian-American filmmaker Natalie Musteață won the Oscar for Best Live Action Short Film on Sunday night in Los Angeles for the dystopian short Two People Exchanging Saliva, which she co-directed with Alexandre Singh. In a rare moment, the 36-minute French-language film shared the award with The Singers, directed by Sam A. Davis and Jack Piatt,…
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Romania’s Eurovision 2026 entry under fire for “glamorizing sexual strangulation”
Romania’s entry for this year’s edition of the Eurovision Song Contest, “Choke Me,” came under fire in recent days for lyrics that allegedly idealize sexual strangulation, The Guardian reported. Critics of the song say it promotes a practice that can lead to brain injury and death, and that the entry should be banned from competing.…
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Construction materials manufacturer TeraPlast promoted to Premium category on Bucharest Exchange
The shares of Romanian construction materials manufacturer TeraPlast (BVB: TRP) were promoted on Friday, March 13, from the Standard to the Premium category of the Main Market operated by the Bucharest Stock Exchange (BVB). The change comes after TeraPlast shares met rigorous criteria regarding free-float market capitalization and share liquidity. The inclusion brings a series…
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Report: More residential deliveries expected in Bucharest and surroundings in 2026
Over 20,500 new homes could be delivered in Bucharest and its surroundings in 2026, according to the ‘Romania Residential Market Genome 2026’ report issued by real estate consultant SVN Romania on Friday, March 13. Reaching this level would be synonymous with an 18.5% increase compared to 2025’s result, when the second-lowest number of new homes…
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Romanian Ana Maria Puiu wins bronze at European U23 Senior Wrestling Championships
Wrestler Ana Maria Puiu brought Romania the first medal on Thursday, March 12, at the European U23 Senior Championships held in Zrenjanin, Serbia, in the 59 kg category. The Romanian wrestler won decisively in the bronze-medal final, score 13–3, against Viktoriea Boynova from Bulgaria. Also on Thursday evening, Ana Maria Rotaru (50 kg) narrowly lost…
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Romanian table tennis player Bobi Simion wins silver at ITTF World Para Challenger 2026
Romanian athlete Bobi Simion won second place at the international competition ITTF World Para Challenger 2026, held in Władysławowo, Poland. The Romanian, world number 3 in class 6, had an excellent run throughout the entire table tennis tournament, winning his group and then two important matches in the knockout stages. In the semifinal, Bobi Simion…
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Romanian government greenlights fuel compensation scheme for transporters
The Romanian government announced that roughly 6,200 transporters will benefit from a grant worth RON 0.85 for each liter of diesel until the end of 2026. The entire support package is estimated at RON 650 million (EUR 127.5 million). The fuel grants were announced on Thursday, March 12, by Romanian finance minister Alexandru Nazare, in…
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Romanian Language Day to be marked annually in Ukraine
Ukraine will celebrate Romanian Language Day every year on August 31, following a decree signed by president Volodymyr Zelensky on Thursday, March 12. The announcement was made during a joint press conference in Bucharest with Romanian president Nicușor Dan. Zelensky said the decision aims to strengthen humanitarian and cultural cooperation between Ukraine and Romania and…