Category: Uncategorized

The volume of construction works in Romania contracted by 2.5% y/y in July, after the sector posted a marginal 0.2% y/y advance in Q2, according to data published by the statistics office INS. In seasonally-adjusted terms, the sector posted a moderate 1.0% y/y advance, which was rather a statistical effect of the workday adjustment since…

Romania is preparing to sell its first bonds on the Japanese market as the government tries to diversify funding sources to cover a growing budget deficit, according to Bloomberg and Ziarul Financiar. The move would follow similar steps of Slovenia (JPY 50 billion or EUR 311 million) and Hungary (JPY 40 billion or EUR 250…

The Bucharest Stock Exchange (BVB) is preparing to display real-time stock prices on an external display system at its headquarters in America House, Profit.ro reported. The display is meant to increase the visibility of publicly-traded Romanian companies. The number of investors at the Bucharest Stock Exchange has doubled in the last three years, reaching over…

Romanian president Klaus Iohannis recently approved the presence of a US special operations naval forces contingent, along with military equipment and materials from the United States Naval Special Warfare. The unit will come to Romania for “joint training and enhancing the ability to ensure an appropriate response to potential security challenges in the Black Sea…

ATP Trucks Automobile, a Romanian manufacturer of commercial and passenger vehicles, is launching the new Truston 8×4 model at its first participation at the prestigious IAA Transportation 2024 fair in Hannover, dedicated to mobility solutions and commercial vehicles. ATP Trucks Automobile, which produces the Truston trucks, started this year a project to build a second…

THAIco SPA, a leader in the Romanian luxury SPA services market, has launched its fourth location following an investment of over EUR 600,000 and has two other openings planned for this year. The total estimated investment for 2024 exceeds EUR 3.5 million. The new wellness center is located in the northern area of Bucharest. At…

A recent poll by INSCOP Research shows that two-thirds of Romanians see immigrants more as an opportunity for Romania because they help the economy by taking jobs not done by locals.  Young people, those with higher and medium education levels, as well as residents of Bucharest, are more favorable toward immigrants than the average population.…

Bucharest Gaming Week, the event that brings together gamers and the newest and most popular games of the moment, will take place for nine days, between October 5 and 13, in a hybrid format. The Palace of Parliament hosts the central event of the eighth edition on October 12-13. In three of the Parliament’s impressive…

The president of Romania’s lower legislative chamber, Daniel Suciu, recently proposed extra security checks at the entrance to the Palace of the Parliament. His statements come after a man set fire to a store in the tourist area of the building, which is situated before the existing security filters. Between 200,000 and 240,000 people visit the Palace…

Climate Change Summit, a leading event in Central and Eastern Europe dedicated to climate change solutions, premieres Immersive Call to Climate Action, an immersive experience that puts into focus the urgent need for concrete actions to combat climate change. The show will be hosted by ISPACE, at Mega Mall in Bucharest, between September 18 and…