Category: Uncategorized
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The Apprentice: Trump movie starring Romanian-born Sebastian Stan now streaming on Max
The Apprentice, director Ali Abbasi’s movie in which Romanian-born actor Sebastian Stan plays a young version of Donald Trump, premiered on Max on March 7. This role earned Stan his first-ever Oscar nomination this year. The film delves into the early years of Donald Trump’s career in the 1970s, focusing on his ambition to step out…
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Wildfires spread in Romania, claiming two lives
Two people have lost their lives in the wildfires sweeping through multiple counties in Romania, the authorities announced. A 67-year-old woman in Maramureș county lost her life on March 7, while a 78-year-old man from Vâlcea county was found dead on March 9. In addition to the fatalities, two people have been injured, including a…
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Romanian investor builds EUR 8 mln factory for airspace industry parts
Top Metrology, a company specializing in metrology and trade in industrial and laboratory equipment, has launched the construction of a metal components factory for the aerospace industry. The project envisages RON 42.5 million (over EUR 8 million), out of which almost half is eligible for a state grant. It will be developed in the city…
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Romania’s finance minister sees average inflation of 4.4% in 2025
Romanian finance minister Tanczos Barna backed the central bank’s forecast, saying that the country’s inflation is on a downward trend and that “it will probably be 3.8% this year.” He said the average inflation would be 4.4% in 2025. The central bank envisages 3.8% yearend inflation, down from 5.1% y/y at the end of 2024.…
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Romania’s 0.9% GDP growth in 2024 driven by private consumption
Romania’s 0.9% economic growth in 2024 was driven by private consumption, seen in the higher value-added generated by the sector of services to households (retail included), while the net taxes contributed as well significantly, particularly in the second half of the year. The sector of constructions lost momentum in Q4 (-5.3% y/y) dragged down by…
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Romanian constructor Con-A wins EUR 360 mln contract to build Craiova regional hospital
The Sibiu-based company Con-A won, as the leader of an association, the tender for the construction of the RON 1.8 billion (EUR 360 million, VAT excluded) Craiova regional emergency hospital, Turnul Sfatului and Economedia.ro announced. The contract for the main works of the building has been already signed. The Craiova Regional Emergency Hospital will be…
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Romanian Govt. announces nuclear and AI R&D projects worth EUR 180 mln
Two research and development projects, worth almost EUR 180 million, in the field of nuclear energy and artificial intelligence (AI), respectively, will be carried out in Romania, the Ministry of Investments and European Projects (MIPE) announced. The first project, called “4ALFRED – Research for Next Generation Reactors”, has a value of over EUR 112 million…
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Completion of 430 MW power plant in Romania at risk due to contractor’s insolvency
The completion of the 430 MW gas-fired power plant at Iernut by Spanish contractor Duro Felguera for Romgaz, expected for this summer, is at risk as the contractor faces insolvency and the payment of EUR 400 million fines related to a past contract in Algeria, according to Profit.ro. The power plant should have been completed…
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Romanian electoral bureau invalidates Calin Georgescu’s presidential candidacy
Romania’s Central Electoral Bureau, BEC, rejected the registration of Călin Georgescu’s candidacy on Sunday, March 9. Călin Georgescu, the far-right, Russia-friendly politician who surprisingly emerged as the first-round winner of last year’s annulled presidential elections, officially submitted his candidacy for the repeat presidential election on Friday, March 7. BEC’s rejection can still be overturned. According…
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Romanian far-right politician Călin Georgescu files presidential bid amid ongoing investigation
Călin Georgescu, the far-right, Russia-friendly politician who surprisingly emerged as the first-round winner of last year’s annulled presidential elections, officially submitted his candidacy for the repeat presidential election on Friday, March 7. Outside the Central Electoral Bureau (BEC) headquarters in Bucharest, supporters gathered to chant his name and wave flags, while security forces set up…