Category: Uncategorized
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ISB Opens the School Year with Romania’s Top IB Results, Character Education Recognition, and the Return of A-Levels
The International School of Bucharest (ISB) begins the new academic year with a series of remarkable achievements that reflect its mission to combine academic excellence with character, creativity, and global citizenship. With Romania’s strongest International Baccalaureate (IB) results, prestigious recognition as a School of Character, and the reintroduction of Cambridge A-Level examinations, ISB continues to…
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Head of Romanian public institution fired over Cote d’Azur training trip
The Romanian minister of investments and European projects, Dragos Pislaru, announced that he dismissed the head of an unnamed public institution and is investigating the institution, after the dismissed head and some of his subordinates attended “training sessions” at Larnaca in Cyprus and in Nice on Cote d’Azur, according to G4media.ro. Such training sessions have…
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Romania’s Nuclearelectrica kicks off works for refurbishment of 1st nuke unit
Civil engineering works on the infrastructure required for the implementation of the Cernavodă NPP Unit 1 Refurbishment Project kicked off on Wednesday, September 3, following the release by the National Commission for the Control of Nuclear Activities (CNCAN) of the construction permit for the Intermediate Radioactive Waste Repository intended for the handling, processing and intermediate…
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Romanian state defers Korean fund joining the Doicesti SMR project
The state representatives in the Extraordinary General Assembly of Nuclearelectrica (BVB: SNN) abstained from the vote, thus at least deferring the participation of the Korean investment fund DS Private Equity as a shareholder in the RoPower Nuclear project company for the small modular reactor (SMR) nuclear power plant in Doicești, Economica.net reported. RoPower Nuclear is…
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Oresa Industra expands logistics park in northeast Romania with 15,000 sqm
Oresa Industra, the real estate division of the Swedish group Oresa, has obtained the building permit for a new extension of the Industra Park Iaşi logistics park in Letcani, with an area of 15,000 sqm, Ziarul Financiar reported. The new spaces will be delivered in the first part of next year, raising the total leasable…
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Romanian business community argues against minimum turnover tax IMCA
The minimum turnover tax (IMCA) for companies with a turnover above EUR 50 million, which the government was planning to replace but changed its mind and kept in place under the second package of budgetary reforms, is not addressing tax evasion but is hindering investment, hence economic growth, the business community argued in a joint…
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Romania’s cost of borrowing climbs on inflation concerns and regional market trends
Romania’s government bond yields have risen sharply in recent weeks, with the most pronounced increases seen in medium- and long-term maturities, Cursdeguvernare.ro reported. The move reflects both regional market dynamics and domestic inflation pressures following the government’s fiscal corrective measures. Yields on 5- and 10-year bonds in the secondary market now stand at 7.6%, significantly…
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Romania’s opposition files multiple no-confidence motions against government
The Romanian main opposition party, the isolationist Alliance for the Union of Romanians (AUR), has filed four separate no-confidence motions against the government for four of the draft laws that the executive promoted in Parliament for accelerated legislation without debate. The debates on the no-confidence motion and the vote would take place on Sunday, September…
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Romanian Social Democrats seek to avoid immediate cuts in local administration staff
The Social Democratic Party (PSD) on September 3 came up with a counter-proposal to prime minister Ilie Bolojan’s plan for a 10% cut of the local administration staff as of January 2026, accepting a 25% personnel reduction – but gradually, over a period of four years, according to G4media.ro. It is not clear when the…
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Romania is a “key pillar of European security,” says António Costa during visit to Bucharest
European Council president António Costa praised Romania as a cornerstone of Europe’s defense during a visit to Bucharest on Wednesday, September 3, stressing that the security of the European Union depends on the resilience of its Eastern border. “All Europeans know very well that our security depends on the security on our Eastern border. And…