Category: Uncategorized
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Romania sees record unemployment among young people
While Romania is close to the European average in terms of unemployment, integrating young people into the labor market remains one of the biggest challenges, according to the latest Eurostat data. The unemployment rate in the European Union decreased to 5.8% in January 2026, from 5.9% in December 2025 and 6.0% in January 2025, according…
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Brand Finance Banking 500: Brand value of Romania’s Banca Transilvania’s tops USD 1 billion
Banca Transilvania’s brand value has exceeded USD 1 billion, according to the Brand Finance Banking 500 report for 2026. The report shows that BT records a top brand score due to high credibility, attractiveness, and a high level of recommendation. The analysis was carried out from the point of view of the financial value of…
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Moldova-born fintech Fagura secures Bravva Angels backing, opens EUR 1.5 million equity round
Investors from the Bravva Angels community have joined the group of investors supporting the peer-to-peer lending platform Fagura, which currently operates in the European Union and the Republic of Moldova. The investment was completed through a syndicated transaction via SeedBlink and adds to a broader EUR 1.5 million convertible round raised over the past year…
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Romanian employers continue to seek large numbers of unskilled workers
More than 32,000 jobs are currently available in Romania, according to the latest data published by the National Employment Agency (ANOFM), quoted by Ziarul Financiar, with demand concentrated largely in low-qualification positions. Employers reported a total of 32,056 vacancies, most of them in sectors such as transport, trade, logistics, and construction, where companies continue to…
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One of Romania’s largest anticorruption trials to be reviewed over 10 years after final sentence
One of Romania’s largest anticorruption trials, involving politician and businessman Dan Voiculescu, who was given a 10-year sentence in 2014 for EUR 60 million damages caused to the state, will be reviewed after the Bucharest Court of Appeals in principle accepted the request filed by Voiculescu, according to Europa Libera. Voiculescu and other defendants were…
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Global Vision and Globalworth expand commercial real estate footprint with retail park in Romania’s Constanța
Global Vision and Globalworth have announced the start of development for a new retail park in Constanța. The first phase of the development, located on a 35,000 sqm land plot, will feature a 2,300 sqm anchor space for a leading food retail chain and a 4,000 sqm commercial gallery. Construction of Phase 1 is scheduled to commence in…
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Alexandra Căpitănescu to represent Romania at the Eurovision Song Contest 2026
Romanians chose their representative for the 2026 edition of the Eurovision Song Contest on March 4, during the national final. Alexandra Căpitănescu, aged 22, won with the song “Choke Me.” This year, the Eurovision Song Contest will take place in May in Vienna. Alexandra, originally from Galați, is a student at the Faculty of Physics…
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Romania to sell Mangalia shipyards, Rheinmetall interested in cooperation
Damen Shipyards Mangalia, the operator of the Romanian shipyard of the same name, which has been under insolvency since June 2024, has submitted, through the judicial administrator CITR, a reorganization plan, marking the official entry into the decisive stage of the restructuring process. In the context, ProTV reports that a delegation from the German company…
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GEO No. 73/2025: Legal Framework for Strategic Investments in the Defence Industry
In a regional context marked by instability and increasing security pressures, Romania is repositioning its defence industry as a pillar of strategic autonomy, supporting the commitments undertaken within NATO and the EU. Government Emergency Ordinance (GEO) No. 73/2025 on certain measures regarding investments in the field of national security addresses the need for a predictable…
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Romanian Government attempts to pass 2026 budget next week, coalition still split on social aid
The four-party ruling coalition in Romania failed to reach a final agreement on the 2026 budget on March 4, as initially announced, but Finance minister Alexandru Nazare remains confident that the Government will pass the budget planning law for this year next week. Romania’s executive pledged to bring the cash deficit down to 6.2% this…