Category: Uncategorized
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Highest salaries in Romania paid in Bucharest, Cluj-Napoca, Brașov in Q1
Data from Salario, the eJobs salary comparator, revealed that Bucharest, Cluj-Napoca, Brașov, and Timișoara were the cities with the highest salaries in Romania in the first quarter (Q1). In this period, over 50,000 job listings were posted by employers on eJobs, attracting nearly 3 million applications. In Bucharest, the average net salary across all industries…
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Finalists revealed for the 20th annual SEE Real Estate Awards
The stage is set for the highly anticipated 20th edition of the SEE Real Estate Awards, celebrating excellence in the dynamic Southeastern European property market. This prestigious event will take place on April 3, 2025, at the iconic Intercontinental Athenee Palace Hotel in Bucharest, Romania, bringing together the region’s most influential industry leaders and innovators.…
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Life hacks for UAE travel: How a luxury car rental can transform your trip
Planning a UAE trip? Learn must-know tips for tourists, from visas to getting around. Find out why a luxury car rental in Dubai makes your journey comfy, stylish, and smooth. Everything you need to know before travelling to the UAE: life hacks for tourists The UAE stands out as a prime travel spot, which is…
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PepsiCo invests USD 137,000 in new training center for employees and students in Romania
PepsiCo has launched a new USD 137,000 Training Center at its East Balkans beverage plant in Dragomirești-Deal, Romania, designed to support the education and development of both employees and students. The facility, equipped with cutting-edge technology, offers hands-on training in soft drink production, enabling employees and technical students to simulate production and maintenance processes in…
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Sphera Group invests EUR 1.2 mln in first solar-powered KFC in Romania
Sphera Franchise Group has inaugurated its first restaurant equipped with solar panels following an investment of approximately EUR 1.2 million. The new KFC Drive Thru, located in Galați, marks the group’s first opening in its 2025 expansion plan. The photovolatic panels, installed on the restaurant’s parking lot roof, have a capacity of 47.5 kW and…
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60% of Romanians buy second-hand smartphones – Demand for refurbished devices surges amid market shift
Recommerce©, the European leader in the trade-in and refurbishment of electronic devices, primarily smartphones, unveils the results of its 4th annual survey ”The Second-Hand smartphone Market”, conducted by KANTAR across 13 European countries, including Romania. The global market for refurbished smartphones continues its strong upward trajectory. According to a recent report by IDC (International Data…
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Council of Europe Congress urges Romania to limit use of emergency ordinances on electoral matters
Romania should avoid making last-minute changes to its electoral laws or using emergency ordinances to address politically sensitive issues, according to a report adopted by the Council of Europe’s Congress of Local and Regional Authorities. The findings, presented at the Congress’s 48th session on March 26, highlighted concerns over an emergency ordinance that combined Romania’s…
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Romanian football legend Gheorghe Hagi launches autobiography
Gheorghe Hagi, Romania’s football legend and former national team captain, launched his autobiography, Hagi – Drumul Meu (Hagi – My Journey), on Wednesday evening, March 26, at the Bucharest University of Economic Studies. The book, he explained, tells the story of his life and career, offering insights into what it takes to achieve success. At…
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Romania’s 1.6%-of-GDP January-February public deficit driven by still high payroll, rising interest
The budget execution data for January-February published by the Finance Ministry reveals, besides the 1.6%-of-GDP public deficit announced in advance, three major issues: still high payroll growth rates (an effect of wage hikes during 2024, likely to diminish through 2025), rising interest paid on public debt (a problem likely to deepen with higher debt and…
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Romania is testing market for new FX bond
Romania’s Ministry of Finance initiated on March 26 procedures for new FX bond issues to tap the foreign markets for the second time this year amid elevated political volatility, which clouds the country’s fiscal stabilization and risks pushing its debt into the junk category. The intended FX bonds are denominated in euros and have maturities…