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Wendy’s is set to open its first restaurant in Romania at the Mega Mall shopping center in Bucharest, according to information from developer NEPI Rockcastle, Economica.net reported.  The company is also planning an expansion in Iași, where it is currently seeking a restaurant manager. The American fast-food chain is entering the Romanian market through a…

The volume of wage remittances from Romania to other countries reached a record level of EUR 1.2 billion, according to Economica.net, which does not detail the source of the data. The National Bank of Romania’s Balance of Payments indicates EUR 464 million of wage remittances (+15% y/y) and EUR 3.1 billion (+1% y/y) of other…

Drilling operations for the Neptun Deep offshore gas project operated by OMV Petrom in Romania’s Black Sea, which holds one of the European Union’s most significant natural gas reserves, are set to commence soon, according to Reuters. “Once the vessel sets sail, drilling work can begin in a few days. It is a matter of…

The Knauf Group has received the construction permit for a EUR 75 million plasterboard factory in Huedin, Cluj county, marking the largest investment in the region, Economica.net reported.  The permit approval was announced by Huedin’s mayor, Mircea Moroșan. The German company, which includes Knauf Insulation Romania and Knauf Gips, began preparations for the Huedin facility…

Romanian author Mircea Cărtărescu is on the longlist for this year’s International Booker Prize, the influential award for translated fiction, with the novel Solenoid, translated into English by Sean Cotter and published at Pushkin Press. He is the first Romanian author to be longlisted for the prize, alongside 12 other authors nominated for the International Booker…

Investors from Western Europe, particularly Austria, the Netherlands, Belgium, and the United Kingdom, have been the most active buyers of real estate assets in Romania over the past five years (2019–2024), making investments totaling EUR 1.75 billion, according to data from real estate consultancy Cushman & Wakefield Echinox. The Western European’s market share accounted for…

A new report from Colliers highlights significant trends in Romania’s housing market for 2025, revealing a continued rise in home prices, limited new supply, and increased demand for rental properties.  The findings show that while housing deliveries fell by 15% nationwide and over 20% in Bucharest, demand increased by 7% in 2024. As a result,…

Romania’s ruling coalition, composed of the Social Democrats (PSD), the National Liberal Party (PNL), the ethnic Hungarian party UDMR, and the deputies representing the ethnic minorities, reportedly agreed to remove Toni Greblă from his position as president of the Permanent Electoral Authority (AEP). Greblă has led the AEP for two years after being appointed by…

Families interested in providing their children with a multicultural education are warmly invited to attend the Open Day at Deutsche Schule Bukarest (DSBU) on March 1, from 10 AM. The event will take place at the school’s campus located at 20G Coralilor Street, Bucharest. Founded in 2007, DSBU has grown significantly and, since 2012, has…

Romanian football club FCSB announced on Tuesday, February 25, that its website has been targeted by a Distributed Denial of Service (DDoS) attack, which has caused disruptions in the online ticketing process. The incident occurred as the Bucharest team was selling tickets for the match against Olympique Lyon in the Europa League round of 16.…