Category: Uncategorized

New housing completions and the number of transactions in Romania declined by approximately 5% in 2025 compared with the previous year. Deliveries dropped to their lowest level since 2017, but sales volumes remained around 20% above the pre-pandemic average, according to the annual report published by Colliers. In Bucharest, the decline in demand was more…

The European Bank for Reconstruction and Development (EBRD), CEECAT Capital, and Morphosis Capital have completed their exit from Romanian retailer La Cocoș following the sale of a majority stake to Schwarz Group. The transaction was finalized after receiving approval from Romania’s Competition Council. The investor consortium entered La Cocoș in 2024 to support its national…

An international exhibition of photographic art created by 27 women photographers from six countries will be opened on March 8 in Oradea, western Romania. The exhibition is dedicated to International Women’s Day. The 44 large-scale works will be exhibited at the Euro Foto Art Exhibition Center within the Oradea City Museum section, and are signed…

The Romanian Senate agreed that the provision regarding the first unpaid day of medical leave does not apply to patients included in national health programs, those who require hospitalization, or the relatives and companions of oncology patients, according to Liberal senator Nicoleta Pauliuc.  Starting February 1, Romanian employees are no longer paid for the first…

Banking app Revolut, which has 5 million customers in Romania, announced on Tuesday, March 3, that Wiktor Stopa will lead the Growth and Marketing Department for Central and Eastern Europe (CEE), including Romania. Revolut has seen impressive growth in the CEE in recent years. By 2025, the region comprising nine markets (Romania, Poland, Hungary, Lithuania,…

An avalanche that occurred in Romania’s Bucegi Massif over the weekend was captured on camera. The footage shows the moment when two people are caught under slabs of snow detached from the slope. After the initial surprise, one of the two managed to get out to the surface on their own, while the other was…

City Grill Group, the largest Romanian-owned restaurant group, closed 2025 with consolidated revenues of €90 million. Existing operations (brands active in 2024 as well) generated €75 million last year, marking a 10% increase compared to 2024. This figure also includes the contribution of brands recently integrated into the group, Marty Restaurants and Aubergine. Although the…

Mihai Dimian, rector of the “Ștefan cel Mare” University of Suceava, was proposed and unanimously validated on Monday, March 2, at the initiative of the president of the National Liberal Party (PNL) and prime minister of Romania, Ilie Bolojan, for the position of minister of education and research.  Romania was left without an education minister…

Romania’s Ministry of Justice announced on March 2 its nominations for top management positions at the Prosecutor General’s Office attached to the High Court of Cassation and Justice, the National Anticorruption Directorate (DNA), and the Directorate for the Investigation of Organised Crime and Terrorism (DIICOT), triggering negative reactions in parts of the media and civil…

Romania is not among the European countries that have so far agreed to participate in France’s proposed “extended nuclear deterrence” framework, according to Le Figaro. French president Emmanuel Macron announced that eight European countries have expressed readiness to join the initiative: the United Kingdom, Germany, Poland, the Netherlands, Belgium, Greece, Sweden, and Denmark. Under the…