Category: Uncategorized
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NATO summit: Romanian president backs 5% defense spending target and stresses Black Sea security
Romanian president Nicușor Dan emphasized NATO unity, increased defense spending, and the strategic importance of the Black Sea region following his participation in the NATO Summit held in The Hague. In a press statement delivered after the event, he underscored Romania’s full support for the Summit Declaration, while also outlining the country’s specific contributions and…
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MSCI promotes Romania’s Capital Market to its new Advanced Frontier Market category
In a significant recognition of Romania’s financial market progress, MSCI, one of the major global index providers, has upgraded Romania’s capital market classification to an Advanced Frontier Market. The decision follows MSCI’s 2025 Global Market Accessibility Review published earlier this month and represents an important milestone on Romania’s path toward achieving Emerging Market status. The…
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Agra Insurance reports record level of claims notices in first half of 2025 amid extreme weather – EUR 20 mln in damage from hail, storms, and late spring frosts
Agra Asigurări, the national leader in agricultural insurance, announces record claims in the first 6 months of this year. As of June 20, 2025, more than 3,300 damage notices have been registered due to extreme weather events nationwide, marking an increase of nearly 50% compared to the entire period of 2024. In total, amid the…
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Summer in Bucharest: Concerts, festivals, outdoor film screenings and events for the 2025 season
From music festivals to cultural happenings and outdoor activities, here are some of the events scheduled to take place in the capital this summer. Tom Jones concert June 26 After a sold-out concert two years ago, Tom Jones returns to Bucharest with an event that is part of the Defy Explanation tour. It will be…
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Classical music: Magical Summer International Festival returns to Bucharest Athenaeum in July-August
The “Vară Magică” (Magical Summer) International Festival returns to the Romanian Athenaeum in Bucharest with eight evenings of classical music, taking place from July 2 to August 13 every Wednesday. Now in its 14th edition, the festival continues its artistic direction in 2025 with the theme “Masters and Masterpieces,” meant to signal a musical journey…
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Romanian legislative makes 2026 Constantin Brâncuși Year
The Romanian Chamber of Deputies adopted a draft law establishing the year 2026 as the “Constantin Brâncuși Year” to celebrate the famous sculptor. The law, initiated by former culture minister and Social Democratic deputy Natalia Intotero, passed with a large majority, with 275 votes in favor and one vote against. Next year also marks the…
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Romanian president Nicușor Dan meets UK PM Keir Starmer at NATO summit
Romanian president Nicușor Dan met with UK prime minister Keir Starmer on Wednesday morning, June 25, on the sidelines of the NATO summit in The Hague. The meeting brought together Romania’s full official delegation, including presidential security advisor Cristian Diaconescu, newly appointed foreign minister Oana Țoiu, defence minister Ionuț Moșteanu, and Romania’s permanent representative to…
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Meta Estate Trust invests in Radisson Blu 5-star mountain villa resort in Brașov
The publicly-traded Romanian real estate company Meta Estate Trust, ticker MET, announced a new investment worth EUR 1.52 million in four villas within the Radisson Blu Grand Mountain Resort Brașov, the first 5-star mountain villa resort in Romania. The premium resort is currently under development, and the four villas representing Meta Estate Trust’s investment are…
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EUROPAfest 2025 brings Japanese and Norwegian jazz to Bucharest in July
EUROPAfest 2025 will bring a special jazz experience to Bucharest this summer, transforming the Royal Palace into a stage for international artists between July 4 and 13. The festival opens with a series of concerts that highlight jazz traditions from around the world, with a particular focus on artists from Japan and Norway. The Opening…
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Romanian auto market registers sharpest year-on-year decline in Europe in May
Passenger car registrations in Romania recorded the sharpest year-on-year decline in Europe in May, according to data published Wednesday, June 25, by the European Automobile Manufacturers Association, or ACEA, which represents the 16 major car manufacturers in Europe. Regionally, however, the situation is different, as the auto market in Europe returned to growth. Overall, ACEA reported…