Category: Uncategorized
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New LIFE REALS project aims to unlock renewable energy potential on degraded land in Romania
WWF-Romania and the CEOSpaceTech Center at the National University of Science and Technology Politehnica Bucharest launched the LIFE REALS project in Romania, an EU-backed initiative aimed at accelerating renewable energy development on artificial and degraded land. The project seeks to support the energy transition while protecting biodiversity and benefiting local communities. Implemented in five countries,…
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NETOPIA Payments appoints former central bank official Raluca Micu as CEO
NETOPIA Payments announced the appointment of Raluca Micu as its new chief executive officer (CEO), as it advances its licensing process as a payment institution and expands its portfolio of financial services for merchants. The appointment marks a new phase of growth for one of Romania’s largest digital payments providers. Micu brings more than 15…
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Variety: Romania woos international film, TV productions with revamped 30% cash rebate scheme
Romania is trying to regain its status as a prominent destination for international film and television productions, after several years in which its generous financial incentive program was not in place due to budgetary constraints, according to the American publication Variety. The cash rebate program, suspended after problems caused by payment delays and unpaid obligations…
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Former Gendarmerie chiefs acquitted in case linked to violence at 2018 Bucharest protest
Former Gendarmerie commanders have been acquitted in the long-running criminal case related to the violent intervention against protesters during the August 10, 2018, anti-government rally in Bucharest. The ruling, issued by the Military Tribunal nearly eight years after the events, is not final can be appealed within 10 days of its communication, according to Euronews…
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Romania’s former tennis champion Simona Halep officially retires from professional sports
The former world number one in women’s tennis, Simona Halep, 34, officially retired from professional sports activity on Saturday, June 13, during a gala event organized at BT Arena in Cluj-Napoca, as part of the 7th edition of the Sports Festival. The event, marked by highly emotional moments, brought together great legends of Romanian sport,…
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Romania’s major lender BCR issues seven-year bonds with 7.77% coupon
Banca Comercială Română (BCR), part of Austria’s Erste Group, has completed a RON 1 billion (EUR 200 million) bond issue with a seven-year maturity and a fixed annual coupon of 7.77%. The bonds were priced at 100% of nominal value, with the transaction concluded at a margin of 95 basis points above the Romanian government…
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Romania’s new PM-designate Adrian Veștea confident of securing parliamentary backing, plans to keep Bolojan’s program
New prime minister-designate Adrian Veștea said he is confident his proposed government will secure parliamentary approval, claiming he has assurances of support from more than 240 lawmakers. The Liberal politician also pledged to keep unchanged the governing program adopted by former prime minister Ilie Bolojan and the coalition that governed until last month. President Nicușor…
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FMCG sales in Romania rise 1.9% in volume terms in Q1, NielsenIQ estimates
Sales of fast-moving consumer goods (FMCG) in Romania increased by 1.9% year-on-year in volume terms in the first quarter of 2026 across modern and traditional retail formats, according to estimates by consultancy firm NielsenIQ cited by Ziarul Financiar. The figures suggest that the shock caused last year by higher VAT rates and other fiscal measures…
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Inflation digs into Romanians’ wages, which shrink by real 6.5% y/y in May
The average net wage in Romania increased by 3.5% y/y to RON 5,843 (EUR 1,117) in April, insufficient to keep pace with the consumer prices that rose three times faster (+10.7% y/y), according to data published by the statistics office INS. The average net wage thus contracted by 6.5% in real terms, marking the steepest…
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Romanian Film Review – The Charms of June
It’s TIFF time again. Romania’s biggest international film fest has just started and will take over Cluj-Napoca in the next ten days. The months of back-to-back events are so busy; TIFF is happening right on the heels of just-wrapped ESTE FILM Festival, with a killer selection this year (Angela Schanelec’s Meine Frau Weint/ My Wife…