Category: Uncategorized

Vastint Romania, in partnership with Digi Group (Digi24, Digi FM, and ProFM), invites the entire community to join the blood donation campaign “Give a Drop of Hope.” The event will take place at Business Garden Bucharest, Building A, Calea Plevnei 159, on December 17th. In December 2023, Vastint Romania became the first private company to…

Faster decreases in output and new orders signalled Levels of work outstanding and employment down again Inflationary pressures cool Romanian manufacturers continued to contend with challenging operating conditions in November, as nearly all the PMI components remained in negative territory. According to the headline reading, there was little change in the strength of the downturn…

Romanian Business Leaders (RBL) announced on December 3 by a press release that it is supporting pro-Western candidate Elena Lasconi (USR) in the second round of the presidential elections. “We, the Romanian entrepreneurs, want prosperity for Romania and its citizens. It’s a crucial moment, and we expect the political parties whose governing programs are based…

Fourteen companies from the food industry will invest, in total, EUR 25.5 million in photovoltaic capacities greater than 1 MW, which will ensure their self-consumption, Economica.net reported.  Over EUR 17.1 million of the amounts are non-refundable money accessed through the Modernisation Fund, managed by the Ministry of Energy, the administrator of the state aid scheme…

Despite the tensions coming from the political scene, the increases in yields on government bonds (which means that investors perceive higher risk in Romania), and the falls on the stock market, the National Bank of Romania (BNR) managed to keep the exchange rate stable.  On December 3, the BNR announced an exchange rate for the…

The blue chips index BET at the Bucharest Stock Exchange lost 2.35% on December 3 in a session dominated by volatility and lack of predictability, which started with a 0.76% advance building on positive dynamics on the first day after the parliamentary elections that indicated a possible democratic coalition.  By the end of the day,…

The Romanian Ministry of Finance collected RON 5.6 billion (EUR 1.1 billion) from the tax amnesty so far, in the context in which the target of this initiative was revised in November to RON 5.6-6 billion.  Thus, by the deadline of November 25, 202,479 companies and individuals requested to benefit from amnesty, of which 99,758…

Craiova secured second place this year in the annual European Best Destinations competition for the most beautiful Christmas markets.  This year marked a record number of votes cast, over 753,000. Craiova’s Christmas market garnered over 91,024 votes, of which more than 80% came from outside Romania, a significant increase from last year’s 60,000 votes, 48%…

On Tuesday, December 3, the European Parliament’s Committee on the Internal Market and Consumer Protection questioned TikTok representatives about how the company enforces the EU’s digital rules in the context of recent elections in Europe, particularly Romania.  The EU Digital Services Act (DSA), which came fully into effect on February 17, 2024, imposes strict obligations…

MINA, the Museum of Immersive New Art in Bucharest, debuts a new multimedia show this week, on December 5. Named Pădurea Magică/The Magic Forest, the production combines cutting-edge technology with an educational story about nature and protecting the environment. The new show uses 360° digital projections, ambient soundscapes, and memorable characters to inspire audiences to…