Category: Uncategorized

European Digital Commerce (EDC), the event organized by VTEX and Amazon Web Services, on 18 November, at Nord Events, brings an exclusive B2B study that provides relevant data on the trends and challenges facing retailers in the digital age. In a permanently changing landscape, VTEX’s study with MKOR shows that 65% of retailers have chosen…

Car insurance comparison experts at Compare the Market AU analyzed various factors, including electric charger availability, average congestion, and accident rates, to reveal the most stressful countries for drivers, and Romania took the top spot. At the other end of the ranking, the Netherlands took the stress-free crown. Romania ranks as the most stressful country…

Gabriel Bota and Rudolf Nyari, organizers of the Transylvania International Book Festival (FICT), are set to journey to the “end of the world” for the third edition of their Read & Ride project, aiming to inspire people to read and stay active. They are set to cycle roughly 1,700 km during their upcoming expedition titled…

The average nominal wage increased by 14.2% y/y in Romania in the third quarter of the year, accelerating from 13.2% y/y in Q2, according to data published by the statistics office INS. In real terms, this was the strongest advance in nearly five years. Such high growth rates were seen in high inflation periods over…

Romania’s headline inflation edged up slightly to 4.67% y/y in October from 4.62% y/y in September, as the prices increased by 0.67% m/m, according to data published by the statistics office INS. The small advance came amid analysts’ expectations for a marginal slowdown witnessed by a Bloomberg survey median of 4.6% y/y. Most of the…

Romania’s deficit of the trade in goods has widened by 18.4% y/y to EUR 8.4 billion in Q3 as the imports (+4.9% y/y) are stimulated by private and public demand while the exports (+0.7% y/y) dwindle amid problematic industrial development and consumer confidence in Europe.  The 18.4% y/y advance looks impressive, but it’s more of…

Nuclearelectrica (BVB: SNN) and France’s Framatome have signed an agreement to produce the medical isotope Lutetium-177 (Lu-177) at Romania’s Cernavodă nuclear power plant.  Lu-177 is essential in targeted cancer treatments, especially for prostate cancer, where it selectively destroys cancer cells without damaging healthy tissue. The agreement follows a feasibility study confirming that Framatome’s technology for…

Romania’s competitive labour costs are driving growth in its Global Business Services (GBS) market, which is projected to expand at an annual rate of 10–15% over the next two to three years, according to research from consultancy firm Horváth. With a strong balance of cost efficiency and specialised skills, Romania has become a leading European…

Austria is expected to lift its veto on Schengen expansion by spring 2025, Kurier confirmed after Romanian media indicated such an imminent step. On November 22, Austrian interior minister Gerhard Karner will meet with his Romanian and Bulgarian counterparts in Budapest at an event organised by Hungary, which currently holds the EU Council presidency.  During…

MEDCITY, a real estate developer building exclusively for the healthcare sector, announced the start of the project for the first medical hub in the western Romanian city of Timișoara. The company plans to transform a commercial property into a flagship healthcare ecosystem. The investment is valued at EUR 7 million, covering the property’s conversion and…