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Romania’s commercial real estate investment market recorded transactions totaling EUR 386 million in the first half of 2025, reflecting a 7.4% decrease compared to the same period last year, according to iO Partners. Despite the overall decline, the office segment showed signs of renewed investor interest, attracting EUR 169 million, or 44% of the total…

Romanian police conducted 13 house searches in Bucharest and the counties of Ilfov, Giurgiu, and Călărași on Thursday, July 10, in a case involving a group of hackers that defrauded the tax system in the United Kingdom. The suspects allegedly hacked the tax accounts of over a thousand British citizens and obtained fictitious tax refunds…

Environment minister Diana Buzoianu announced plans to toughen penalties for individuals who feed wild bears from their cars, following growing concerns over human-wildlife interactions along the scenic Transfăgărășan road.  Speaking on Wednesday, July 9, at a meeting convened at the Ministry of Environment, Buzoianu emphasized the urgency of curbing illegal bear feeding, which she said…

Romanian defense minister Ionuț Moșteanu announced this week that the government aims to import the air defense system also used by Israel, known as the Iron Dome, G4media.ro reported.  The Iron Dome will protect Romania from attacks with short and very short-range missiles. The contract for the SHORAD-VSHORAD air defense system is to be signed…

Ciprian Pop has received authorization from the Financial Supervisory Authority (ASF) for the role of Chief Executive Officer (CEO) of Allianz-Țiriac Private Pensions, the company announced. He is joined on the executive leadership team by Alexandra Bălan Marinescu, deputy CEO. With nearly two decades of experience within Allianz-Țiriac and the broader Allianz Group, Ciprian Pop…

The summer months are filled with film festivals, many of them holding outdoor screenings to take advantage of the warm summer evenings. Below is a selection of upcoming events. Ceau, Cinema! July 16 – July 20, Timişoara The 12th edition of the event features a comprehensive program, encompassing Romanian film premieres, a Ken Loach Focus,…

The mayor of Chisinau, Ion Ceban, was banned from entering Romania, as well as the entire Schengen area, for a period of 5 years, according to Ziarul de Garda, quoting official sources in Romania. The Romanian Ministry of Foreign Affairs announced in a press release that, for reasons related to national security, Romania has ordered…

The far-right opposition party Alliance for the Union of Romanians (AUR) announced, in a press conference held on July 9, that it filed a no-confidence motion against the government of prime minister Ilie Bolojan in response to the executive’s request for a no-vote procedure involving its fiscal corrective package. The motion will be delivered in…

Restart Energy One, a Romanian independent energy supplier and renewable project developer, has proposed repaying just 17% of the face value of its bond debt as part of a restructuring plan submitted under a pre-insolvency procedure. The company published the proposal in a report to the Bucharest Stock Exchange on July 9. The plan allocates…

The adjustment generated by the fiscal corrective package drafted by the Romanian government could be sufficient to avoid a credit rating downgrade and maintain the country’s access to EU funds, which could support a stabilization of the EUR-RON exchange rate in the range of 5.05–5.10 in the second half of 2025, according to a research…