Category: Uncategorized
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Report: Scale of child trafficking cases in Romania underreported, sexual exploitation most common
A new report from the Romanian branch of NGO Justice and Care shows that the scale of the child trafficking phenomenon is underestimated by the authorities and that sexual exploitation, particularly of girls, remains the primary form of trafficking. The study, based on field research and interviews with specialists from three counties, namely Dolj, Bacău,…
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100 specialists to work non-stop at new subway tunnel to Bucharest’s Otopeni Airport
Around 100 specialists will work around the clock, in three shifts, at the 1 Mai – Băneasa subway tunnel section, part of the line extending to Otopeni Airport, according to secretary-general of the Ministry of Transport, Mariana Ioniță. The first TBM machine, which will begin drilling the tunnel, is set to arrive on Monday, March…
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Tomcat from Romania crowned Europe’s most beautiful in 2025
Nexus, an 8-month silver British shorthair with blue eyes, was crowned Europe’s most beautiful tomcat at the European Feline Championship 2025, an event held in Warsaw, Poland. The tomcat, by his full name Nexus of Winter Foxes, is owned by Oana Pintilii and Alexandru Paraschiv, breeders who have dedicated seven years to this passion. Nexus’s…
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EVERGENT Investments reports a net result of RON 263.66 mln in 2024, up 29% compared to 2023, and a total EVER share return of 22.94%, significantly exceeding BET-TR’s 16.15%
EVERGENT Investments, an investment company listed under the ticker EVER, reports a net result of RON 263.66 million for the year 2024, representing a 29% year-over-year increase, surpassing the budgeted level by 175%. The net result is the company’s main performance indicator and consists of net profit and net gains from the sale of financial…
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Romanian courier company Sameday acquires 24.9% stake held by eMAG in Zitec
Sameday, one of the key players in the courier industry, acquired the 24.9% stake held by eMAG in local IT firm Zitec, entering the company’s shareholding structure. The transaction is subject to regulatory approval. “Changes in the logistics and courier sectors require rapid adaptations and technological solutions to address the challenges. The growing demand for…
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Another 250 km of highway and express road to open for traffic in 2025, transport minister says
Romanian transport minister Sorin Grindeanu claimed that another 250 kilometers of highway and express road will be opened to traffic in 2025. If the promises are fulfilled, Romania will reach nearly 1,500 kilometers of high-speed road this year, and will hit the milestone of 2,000 kilometers of highway over the next three years. “Last year,…
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Banca Transilvania completes merger with OTP Bank Romania
Banca Transilvania (BT), the biggest financial group in the country, said that it successfully completed its merger with OTP Bank Romania, strengthening its position as the market leader with a 23% market share. The integration boosts BT’s assets by 9%, its loan portfolio by 13%, and expands its presence, particularly in Bucharest and central Romania.…
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Russian drone fragments carrying active combat payload found in south-eastern Romania
Drone fragments found on March 1 in Romania’s south-eastern Galați county are of Russian origin and carried an active combat payload, the Ministry of National Defense (MApN) announced in a press release. The fragments were found 500 meters from the border with the Republic of Moldova. The explosive payload was detonated in a controlled manner…
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BCR Romania Manufacturing PMI®: Romanian manufacturing economy deteriorates at a slower rate in February
Rates of decline in output and new orders soften Stocks of purchases increase for the first time on record Sharp and accelerated rise in input costs, but charge inflation cools Latest data provided signs that the decline across the Romanian goods-producing lost momentum midway through the opening quarter of the year. Although conditions remained challenging,…
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Rally organized by far-right parties in Bucharest in support of Calin Georgescu
A rally estimated at tens of thousands of participants from all over the country was organized by the far-right party AUR and its smaller newly emerged partner POT in favor of pro-Russian isolationist and former presidential candidate Calin Georgescu in Bucharest on March 1. The rally was organized by AUR, the party of far-right politician…