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Fourteen candidates are on the ballot in the first round of this year’s presidential elections, scheduled to take place on November 24. Here is a list of those in the race. Just as it happened in the 2019 elections, more than ten candidates are trying to convince the public they are the best choice for…

The Romanian entrepreneurs who applied to the 2022 edition of the Startup Nation grant scheme have been waiting, in some cases, for more than a year for the money for the newly established companies, according to Economedia.ro.  Some had to take out bridging loans to run the business until the amounts were settled, and for…

Romania’s middle class, defined as the part of the population with disposable income between 75% and 200% of the country’s median, has grown by 10 percentage points since joining the EU, accounting for 61% of the country’s population in 2023, according to an analysis carried out by Ella Kállai, chief economist of Alpha Bank Romania.…

The pro-EU president of Moldova, Maia Sandu, won a second term after defeating moderate pro-Russian rival Alexandr Stoianoglo at a significant margin of nearly 10 percentage points during a heated second round that brought almost 55% of the voters to the polling stations, according to the preliminary results announced by the central electoral commission after…

International rating agency Fitch confirmed the BBB- Long-Term Issuer Default Rating (IDR), with a stable outlook, granted to Nuclearelectrica (BVB: SNN), the state company that manages the Cernavoda nuclear power plant. “The BBB- rating, with a stable outlook, reflects, according to the report published by the Fitch Rating Agency, the strong market position as the…

Romanian telecom company Digi Communications (BVB: Digi) announced it is launching its services in Portugal as of November 4, exactly 3 years after purchasing 5G licenses in the country, Profit.ro reported.  Digi Communications recently acquired Nowo Communications, the subsidiary of MasMovil, the fourth largest mobile and fixed telecommunications operator in Portugal, in a EUR 150…

Ski Șurianu, one of the largest private managers of ski slopes in Romania, with 11 kilometres of slopes in the Sebeșului Mountains and the Șureanu Mountains (Alba County), lists its 5-year RON 7.3 million (EUR 1.5 million) bonds on the AeRO Multilateral Trading System of the Bucharest Stock Exchange (BVB) on November 4. The bond…

Ruris Craiova, the company of the Romanian entrepreneur Cătălin Stroe, has unveiled the Ruris RR2200 tractor, assembled at the MAT Craiova plant, during the Indagra 2024 agricultural fair.  The compact tractor, priced between EUR 3,000 and EUR 5,000, is designed for small farmers looking to upgrade from motor cultivators to more robust equipment, Ziarul Financiar…

A Center for Veterinary Emergencies, Adoptions and Education will be built on the site of the ASPA Pallady dog shelter, which will be demolished, Bucharest mayor Nicuşor Dan announced. According to him, it will be the first adoption and education center in Romania. Dogs ready for adoption will be housed on the building’s ground floor,…

If you’re a retiree from the United States or Canada looking for a place to spend your golden years, it’s time to turn your attention to an unexpected European gem: Romania. Often overlooked in favor of more well-known destinations like Spain or Portugal, Romania is quickly rising as the next big hub for U.S. retirees…