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Artmark Auction House announced a new record for the Romanian art market set during its latest winter auction in Bucharest, which saw Nicolae Grigorescu’s “Țărăncuță odihnindu-se” (1870-1880) selling for EUR 365,000. The oil-on-canvas work thus became the highest-priced painting ever sold in Romania’s art market post-1990. The painting entered the auction with an estimate of…

The High Court (ICCJ) admitted, on December 12, the request of the descendants of dissident Gheorghe Ursu to review the sentence by which his torturers were acquitted.  A similar request, filed by the Prosecutor’s Office of the Bucharest Court of Appeal, was also admitted, and the case will be sent to the Bucharest Court of…

The leader of the Romanian radical right-wing party AUR, George Simion, called for the resignation of president Klaus Iohannis and the judges of the Constitutional Court of Romania (CCR) in the context of the annulment of the presidential elections, accusing them of organizing a “coup d’état,” Digi24 reported. Furthermore, Simion announced that he intends to…

GDP growth is projected to recover to 2.8% y/y in 2025 and 3.4% in 2026, from 0.8% in 2024, under a no-policy-change scenario, aided by statistical base and carry-over effects, Erste Group’s latest macro update on Romania reads, admitting that “the risks are clearly skewed to the downside.” Erste Group issues a broadly optimistic forecast…

The average net wage in Romania increased by 12.3% y/y to RON 5,268 (EUR 1,059) in October, amid a 7.3% y/y growth in real terms, according to data published by the statistics office INS. The average gross wage was RON 8,612 (EUR 1,733). In euros, the average net wage in Romania increased by 12.1% y/y…

Discovery is set to premiere “Produs în România” (Made in Romania), the first locally produced show in recent years, in December. Each episode will showcase how various products are manufactured in Romania, as well as abroad.  The new local show is produced by Discovery in partnership with GroupM and created by Studio Set. Each episode…

The Romanian Army conducted a live-fire exercise with the Patriot missile system at the Capu Midia firing range (Constanța) between December 2 and 12.  The exercise aimed to verify the system’s functionality and validate it through live-fire drills, as well as to prepare for increased operational capacity. “A Patriot surface-to-air missile battery from the 74th…

Brazilian football legend Ronaldinho Gaúcho will come to the BTarena in Cluj-Napoca for a spectacular football show during Sports Festival 2025. The event, scheduled for June 14, promises an unforgettable experience for fans.  The audience will have the chance to see the great Brazilian player in a football show, a unique concept emphasizing spectacle and…

Rents have risen rapidly in recent years across Europe, but the highest increases were in Bucharest and Cluj, according to the Social Monitor, a project of Friedrich Ebert Stiftung Romania. In Cluj, rents in 2023 were 80% higher than in 2015, while in Bucharest the increase for the same period was 51%. Among the cities…

Romanian students ended this year’s International Junior Science Olympiad with a total of 12 medals, including two gold, the Education Ministry announced. The 2024 edition of the competition was hosted by Romania and brought together students from over 50 countries. Alexandru Ioan Jicu from the Gh. Vrănceanu National College in Bacău and Rareș Răzvan Gheorghe…