Category: Uncategorized

The National Bank of Romania (BNR) revised upward the inflation projection under the updated Inflation Report to 4.9% at the end of 2024 from 4.0% and to 3.5% at the end of 2025 from 3.4% – adding that this trajectory doesn’t include the effects of the fiscal and budgetary correction that the government will operate…

CNAIR, the company that manages the road infrastructure, announced that the iconic Transfăgărășan road closed for traffic on the section from Piscu Negru (km 104) to Bâlea Cascadă (km 130.8) starting Tuesday morning, November 12, due to bad weather conditions. The closure came in response to sub-zero temperatures ranging from -3°C to -11°C, combined with…

The Coradia Stream train, the first set purchased by Romania in the last 20 years, has begun testing and is set to start operating with passengers on November 20, according to the Romanian Railway Reform Authority (ARF). The train departed from Bucharest for its first non-passenger test run to Brașov on Saturday, November 9, performing…

Ian Anderson, lead singer of the British rock band Jethro Tull, is one of the promoters and backers upholding a stray cat shelter in Oradea, Western Romania. Tull filmed a video of himself asking people to support the efforts of an association in Oradea that cares for animals, as reported by Digi24.  “They work to…

Voxa, Romania’s leading audiobook and e-book app, has partnered with local artist Saddo to create a literary-inspired art installation at Otopeni Airport, Bucharest’s main one. “Just as listening to an audiobook transports you to another world, this illustration transforms the space of Otopeni Airport into a window to the universe of literature,” the organizers said. …

Replicas of statues part of the ‘Terracotta Army’ of the first Chinese emperor will be available for viewing for the first time in Romania at the Arad Museum Complex until spring next year as part of an international exhibition organized in collaboration with a museum in Hungary. The exhibition, titled ‘The Terracotta Soldiers – The…

Sphera Franchise Group, the largest food service group in Romania, which operates the Taco Bell brand in a franchise system, expanded its network by inaugurating its fifth unit in Bucharest, in Plaza Romania, this weekend. The restaurant chain with Mexican-inspired products thus continues its expansion strategy on the local market, reaching a portfolio of 16…

TeraPlast Group inaugurated its new Opal stretch film factory in the Sărățel Industrial Park last week, following a total investment of EUR 18.5 million, of which EUR 5.3 million was provided as state aid. The aid will be reimbursed in the form of taxes and duties between 2026 and 2030, the company said. The Opal…

Hamburg-based Garbe Industrial Real Estate GmbH, one of the leading providers and managers of logistics, light industrial, and technology real estate in Germany and Europe, just set up a new company in Romania.  Under the leadership of CEE Managing Director Martin Polák and Country Head Andrei Jerca, the local subsidiary will expand its activities in…

The “Avram Iancu” airport in Cluj-Napoca, Romania’s second busiest airport, recently started imposing an EUR 5 tax for each departing passenger. This measure is intended to financially support the airport’s investments and development projects, as part of its long-term strategy, according to the airport’s statement quoted by Boardingpass.ro. The development strategy includes the construction of a…