Category: Uncategorized

Bringo, the first brand to bring grocery delivery services to Romania, together with Carrefour Romania, announces a new and innovative feature: the collection of refundable packaging as part of the Deposit Return System – SGR for orders placed from Carrefour hypermarkets. This partnership promotes responsible shopping and continues the e-grocery advancements led by the two…

Roughly 300,000 people are expected to participate in the religious pilgrimage in the eastern Romania city of Iaşi, the largest such celebration in the country. The holy relics of Saint Parascheva were placed for worship on Tuesday morning, October 8, in the baldachin near the Metropolitan Cathedral, and will remain there until October 15. According…

The Hungarian Presidency of the EU Council will present the current state of full implementation of the Schengen acquis in Bulgaria and Romania at the Justice and Home Affairs (JHA) Council in Luxembourg, October 10, according to a statement from the Council.  On December 30, 2023, the Council decided to eliminate checks at air and…

The US State Department has approved the sale of Sentinel air surveillance radar systems to Romania, under a procurement program that includes up to four AN/MPQ-64 F1 radars.  The Sentinel can detect a broad range of airborne objects and will enhance Romania’s ability to deter and defend against potential threats. According to the US Embassy…

Three MPs of the junior ruling Liberal Party (PNL), who were not given eligible places on their party’s lists for the general elections this autumn, were recruited by the Romania in Action Party, the emerging political entity that announced support for Mircea Geoana in the presidential elections. The three MPs are Eugen Pîrvulescu, Alin Ignat,…

The Central Electoral Bureau (BEC) failed to do its job of spotting irregularities in the documents filed by presidential candidate Diana Sosoaca (SOS) and also failed to assess the lack of attachment to the democratic values demonstrated by candidate Sosoaca, the Romanian Constitutional Court (CCR) stated in an attempt to explain its decision of invalidating…

“Our ruling coalition with the Social Democrats ends here,” but “we remain in the Executive only to prevent the full escalation of abuses that they can achieve to win elections,” Nicolae Ciuca, the leader of the junior ruling Liberal Party (PNL) in Romania, said in a statement that prompted confusion as regards its political implications…

German company Schaeffler plans to lay off 800 people from the almost 5,000 employees at its Romanian factory in Cristian, near Brasov, by the end of this year, according to Profit.ro.  The company’s problems surfaced recently when almost 1,000 employees were put on technical unemployment for two months in a row. Cristian’s factory is totally…

Fondul Proprietatea (BVB: FP) announced on October 7 that it has started the selection procedure for a new alternative investment manager after its shareholders voted to extend the mandate of the current administrator, Franklin Templeton, for only a period of one year (compared to the four-year renewals so far) until March 31, 2026. The change…

Romanian analysts expect 1.5% economic growth this year and the same rate for 2025 when downside risks could bring the GDP growth rate towards 1.0%, according to representatives of the CFA Society Romania unveiling the results of the latest poll among its members, conducted at the end of September. Some of the analysts expect an…