Category: Uncategorized
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Tickets for Romania’s 2025 George Enescu Festival go on sale on February 15
Individual tickets for concerts and events at the George Enescu International Festival, one of the world’s largest and most prestigious classical music festivals, go on sale Saturday, February 15, at noon, the organizers announced. Now in its 27th edition, the festival will take place between August 24 – September 21, bringing over 4,000 musicians to…
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Libris.ro: Young people read about love, in Romanian and English, inspired by online trends. Eight out of ten books chosen by Generation Z are love stories
Social media platforms are radically transforming the way young people choose what to read. The BookTok phenomenon, which dominates TikTok with viral literary recommendations, has redefined bestsellers in recent years, and data from Libris, a leading bookstore in Romania, confirms this trend: young people read love stories, in Romanian or English, inspired by online trends.…
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Romanian High Court overturns preventive arrest decisions in Nordis real estate fraud case
Romania’s High Court ruled on Friday, Friday 14, to release former Social Democrat MP Laura Vicol and her husband, Vladimir Ciorbă, the main shareholder of Nordis, from preventive arrest. The decision is final, according to local news agency Agerpres. Laura Vicol remains free without any other control measures, while Vladimir Ciorbă and other defendants will…
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Documentary about Brâncuși screened in Bucharest next week
Alain Fleischer’s documentary Brâncuși, Les métamorphoses de la sculpture will be screened on February 18 the Great Hall of the Romanian Cultural Institute (ICR). The production, written and directed by Fleischer and narrated by Christian Gonon, highlights Brâncuși’s role as the founder of modern sculpture. It reconstructs the creative path of the Romanian sculptor, explores…
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Romanian History Museum appoints new interim director
The National History Museum of Romania (MNIR) appointed Ovidiu Țentea as its new interim manager, effective February 13. He replaces Ernest Oberländer-Târnoveanu, who was dismissed by culture minister Natalia Intotero following the theft of Dacian artifacts from the Drents Museum in the Netherlands. Ovidiu Țentea was born June 4, 1974, in Dumbrăveni, Sibiu county. He is…
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Romania’s economy sees modest growth of 0.9% in 2024
Romania’s economy expanded by 0.9% year-over-year in 2024, according to flash estimates published on Friday, February 14, by the statistics institute INS. The figure is below the forecasts of the European Commission and the IMF. In the fourth quarter of 2024, the economy grew by 0.7%, both on a gross basis and seasonally adjusted, compared…
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Inflation slightly down to 4.95% in Romania in January 2025
Romania’s annual inflation rate dropped to 4.95% in January 2025, down from 5.14% in December, according to the official report released by the statistics institute INS on Friday, February 14. Food prices increased by 4.54% year-over-year in January, non-food goods by 4.60%, and services by 6.54%. Over the past year, food prices have shown mixed…
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Russian drone fragments found on Romanian territory as attacks on Ukraine continue
Romanian authorities have discovered new fragments of Russian drones on national territory, the Ministry of Defense announced on February 13. The drones, identified as Geran-1 and Geran-2 models used by Russia in attacks on Ukraine’s Danube port infrastructure, were found near the border. A team of specialists from the Ministry of Defense, the Romanian Intelligence…
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Romania’s industrial output down 1.6% y/y in 2024 despite small recovery in Q4
Romania’s industrial output index contracted by 1.6% y/y in 2024, after the 3.0% y/y contraction in 2023, despite the small (+0.4% y/y) advance seen in Q4 – the first positive quarterly performance since Q3 2022. The sector of utilities dragged down the overall performance, both in the whole year 2024 (-4.7% y/y) and in Q4…
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Net FDI to Romania down 11% y/y to 1.6% of GDP in 2024
The net flow of foreign direct investments (FDI) to Romania contracted by 11% y/y to EUR 5.7 billion in 2024, according to data published by the National Bank of Romania (BNR). Of this, EUR 4.0 billion (-20% y/y) was reinvested earnings. The FDI companies thus reinvested just over one-third of the EUR 11.6 billion revenues…