Category: Uncategorized

Despite the opposite statement of government officials, the authorities in Bucharest seek to defer the delivery of the fiscal consolidation plan, expected by the European Commission in principle by September 20, until after elections in January 2025, according to Ziarul Financiar quoting sources familiar with the negotiations. Romania’s government recently revised 2024 budget planning to…

Romania undergone the sharpest deterioration of its 2024 growth outlook among the set of countries covered by the European Bank for Reconstruction and Development (EBRD): -1.8 percentage points (pp) from 3.2% in May to 1.4% in September, according to the Bank’s regional report published on September 26. The 1.4% growth rate makes Romania one of…

After the recent openings in Pitesti, Craiova, and Buzau, Popeyes said it would expand to a fourth city in Romania outside of Bucharest. The American fried chicken brand will also open a restaurant in Ploiesti next Friday, in the food court area of the AFI Ploiesti shopping center. Popeyes launched in Romania in 2022, with…

Joining the OECD, macro-budgetary balancing, an efficient and high-performing education system, a framework for attracting investments, and the continuation of transport infrastructure projects are the strategic objectives of the 2024-2028 mandate. The next mandate is the last window of opportunity for Romania to reduce the gaps with the EU average by maximizing funding from European…

Bucharest Stock Exchange (BVB) awards the 15 finalist companies of the BVB Arena 2024 program. Romania-Insider.com will live-stream the Awards Gala event, taking place on Thursday, September 26, starting at 7:30 PM. Bucharest Stock Exchange launched a new edition of the BVB Arena program (formerly known as Made in Romania) on April 24, 2024. In…

LSEG (London Stock Exchange Group), a leading global provider of financial infrastructure and data, announced that its team in Romania has a new office in Cluj-Napoca. LSEG’s team of 210 employees now works in the new building, The Office, with state-of-the-art facilities, located in the city center of Cluj-Napoca. “Cluj-Napoca is an important technology hub…

A new index developed by the Institute for Visionary Cities reveals that Brașov is considered the most attractive city in Romania. Cluj-Napoca ranks second, followed by Oradea (3), Sibiu (4), and Timișoara (5). The top 10 most attractive cities for living are completed by Constanța (6), Bucharest (7), Iași (8), Alba Iulia (9), and Piatra…

Skanska has partnered with WasteTracker, a startup specializing in smart waste tracking, to introduce its innovative system to its portfolio of buildings in the region, including Romania. One of the seven projects is Equilibrium in Bucharest, the company said. The WasteTracker system allows tenants to record and measure the amount of waste produced before it…

Temperatures in Romania are expected to drop sharply from highs of 33-34 degrees Celsius to around half that over the weekend due to the storm formations over the Atlantic and Mediterranean Sea. The heavy rainfall is a cause of concern as it may increase the risk of flooding on the Danube river.  Warm weather will be…

Anul Nou Care N-a Fost/The New Year That Never Came, the first fiction feature written and directed by Bogdan Mureşanu, has been added to the European Film Awards’ Feature Film Selection. It joined the other Romanian production included in this selection – Trei kilometri până la capătul lumi/Three kilometers to the end of the world, directed by…