Category: Uncategorized

Vodafone, as the leader of a broader consortium, will implement under a EUR 100 million contract a component of the government cloud platform in Romania, which would be the basis of digital interaction between the state and citizens and companies, according to Ziarul Financiar. Based on this IT system, citizens and companies are supposed to…

Viorica Dăncilă, former leader of the Social Democratic Party (PSD), prime minister from January 29, 2018, to November 4, 2019, and Social Democrats’ presidential candidate in 2020, has joined the Romanian National Conservative Party (PNCR), announced MEP Cristian Terheş, the president of the newly formed party. Initially a member of the Social Democratic Party (PSD)…

The households’ consumption expenditure in Romania increased to 67.1% of GDP in Q1, the highest level since Q1 2020, and 63.6% in Q2 – 2.3 percentage points (pp) up from the same quarter last year, according to data published by the statistics office INS. The share has recovered from the lower readings seen during the…

The share of aggregated gross wages in Romania, including the employers’ social security contributions, expressed as a percentage of the total GDP, reached a record value of 48.8% in Q1 (the highest value since 2002) to decrease at 43.4% in Q2 – still 3.1 percentage points (pp) up from 40.3% in Q2 2023, according to…

The average net wage in Romania rose by 14.8% y/y to RON 5,242 (EUR 1,054) in July after the 13%-14% y/y growth rates in Q1 and Q2 this year, according to the data published by the statistics office INS. In real terms, the average net wage surged by 8.9% y/y – the steepest annual advance…

Fuchs Condimente Romania, the local producer of spices and food ingredients, part of the German Fuchs Group, has completed the construction phase of its production capacity expansion in Curtea de Argeș after a 12-month project. In the next phase, the expansion of the logistics and production center in Romania involves investments in machinery and process…

According to statistics provided by the psychological therapy and emotional support services of Save the Children Romania, in the past two years, one in three children aged between 8 and 17 has experienced some form of emotional disorder, such as anxiety or depression, caused by prolonged exposure to social media.  According to the latest Save…

Air France and KLM, two of the major European airlines, announced a series of promotional prices for flights from Bucharest. Destinations are in Europe, the US, Canada, and Asia.  All in all, the airlines are offering special prices for flights to over 50 destinations. The promotional period is between September 24 and December 12, 2024,…

President Klaus Iohannis awarded state decorations to the Romanian Olympic and Paralympic athletes who won medals in the summer Olympics. Coaches and sports legends were also awarded medals during the special ceremony held on September 11.  Romanian athletes won three gold, four silver, and two bronze medals at the Paris Olympics. Gold medals were won…

Parapet, a provider of EPC solutions in the renewable sector, completed in August the first repowering project for a photovoltaic power plant in Romania, Solar Electric Frăsinet, owned by the Austrian Kraftfeld Group. Roughly 11,500 damaged solar panels were replaced with new generation ones, restoring electricity production to the full capacity of nearly 12 GWh/year,…