Category: Uncategorized

Romania’s Permanent Representation to the Council of Europe in Strasbourg is set to host a film screening to showcase the beauty of the Danube Delta on December 1, Romania’s National Day. As part of the events promoting the touristic spot, the Council of Europe will show Wild Danube, a documentary made by British journalist Charlie Ottley.…

Ahead of the upcoming parliamentary elections on December 1 (Romania’s National Day), over 100,000 citizens have turned to the app Eu cu cine votez?/Who do I vote for?, an interactive tool designed to help voters identify their compatibility with political parties. Inspired by Wahl-O-Mat, a platform successfully used in Germany before every election, the Eu…

The shock win of ultranationalist independent candidate Călin Georgescu in the first round of the presidential elections sparked pro-European protests across Romania on Tuesday evening, November 26. Thousands of young people in Bucharest, Timișoara, Constanța, Iași, Craiova, Sibiu, or Brașov took to the streets to voice their support for European democracy and opposition to nationalist…

The Schwarz Group, one of the world’s largest retailers and a leader in cybersecurity, is strengthening its position through advanced technologies and strategic partnerships. At GoTech World 2024, its security leaders discussed new ways to manage cyber risks and exposures. With innovations such as XM Cyber platform and STACKIT cloud solutions, Schwarz Group is redefining…

Although the National Liberal Party (PNL) expressed unconditioned support for the Save Romania Union (USR) presidential candidate Elena Lasconi, while the USR president, in turn, expressed preference for a ruling coalition with the Liberals – no formal pre-electoral alliance has emerged ahead of the December 1 parliamentary elections in Romania. After the shock of the…

The port of Gdansk in Poland and Constanța in Romania recorded the highest increases in cargo volumes in 2023, rising by 26.3% and 17%, respectively, compared to 2022, according to Eurostat data released on Tuesday, November 26.  In contrast, several major EU ports, including Amsterdam (-15.4%), Trieste (-12.6%), and Barcelona (-10.4%), saw significant declines, Economica.net…

Romanian locomotive producer Sofronic plans to invest EUR 10 million in a new factory to be developed near the one it operates at Craiova in the southern part of the country, Profit.ro reported. The new plant will produce battery-powered locomotives, in addition to the diesel-electric locomotives and those powered by electricity from overhead lines the company…

Cristian Popa, a member of the Board of Directors of the National Bank of Romania (BNR), quoted by Bursa.ro, has attributed the recent rise in market interest rates to increased political uncertainty, prompting nervousness among Romania’s international financiers.  “The increase in interest rates in the market is a direct consequence of the significant increase in…

Romania should prepare a report, building on the World Bank report on taxation prepared under the Resilience Plan PNRR (milestone 205), establishing two scenarios for the tax reform, with fully specified measures by April 1, 2025, according to the set of reforms and investments that underpins an extension of the adjustment period to 7 years…

Romania’s general government budget deficit has widened by 74% y/y to RON 109 billion ( EUR 22 billion) in January-October, according to data published by the Finance Ministry.  All categories of expenditures surged – the investment-related expenditures but also the current expenditures – while the current revenues increased by only a decent rate furthermore not…