Category: Uncategorized
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Court approves Bucharest public transport operator STB’s entry into insolvency
The Bucharest Tribunal approved a request to open general insolvency proceedings against public transport operator STB on Tuesday, September 8, Agerpres reported. The ruling was issued in a separate case from the one in which the court rejected a similar request on August 18 because the company had not submitted all the required documents. A…
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Romanian Intelligence Service says it foiled Russian-coordinated sabotage operation
The Intelligence Service (SRI) said on Tuesday, September 8, that it prevented a sabotage operation allegedly coordinated by the Russian Federation on Romanian territory. The case involved a Russian citizen living in Romania who had been under surveillance since February 2026. SRI said it worked with organized crime prosecutors DIICOT, the Interior Ministry’s Directorate for…
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Romania’s Sinaia mountain town temporarily closes gondola lift after support tower shifts beyond safety limits
The gondola lift in the popular mountain town of Sinaia has been temporarily closed to passengers after monitoring reports showed significant and progressive movement of one of its support towers, the local authorities announced. Subsequent measurements confirmed that tower 2 on the Cota 1000-Cota 1400 section had shifted beyond safety limits. Sinaia is one of…
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PISA 2025: Romanian students’ average scores in mathematics and reading lower than ten years ago
A total of 48% of Romanian 15-year-olds who took the OECD Program for International Student Assessment (PISA) tests in 2025 reached the minimum proficiency level (Level 2) in Mathematics, compared with 52% in Reading and 54% in Science. This is below the OECD averages of 65%, 69%, and 74%, respectively, according to the PISA 2025…
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Guillaume Pitoiset appointed HR Director of L’Oréal Romania
L’Oréal Romania has appointed Guillaume Pitoiset as Country HR Director, starting in September 2026. With a 15-year career within L’Oréal Groupe, he combines experience in Corporate HR, project management, and leadership across benchmark European markets. Guillaume Pitoiset joined L’Oréal Groupe in 2011, initially working within the L’Oréal Luxe division, and in November 2012 took on…
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Study: 86% of Romanians believe air in their homes is clean
Some 86% of Romanians believe the air inside their homes is as clean as or cleaner than outdoor air, according to the 2026 Romanian Home Air Barometer published by Ecovent. However, 43% of respondents reported allergies, respiratory problems, skin irritation, poor sleep, fatigue, or headaches. The study was conducted by MKOR Consulting at the initiative…
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Companies’ state debts rise to RON 77.6 bln in Romania in Q2 2026
Romanian companies’ outstanding obligations to the state and social security budgets increased to RON 77.6 billion in the second quarter of 2026, from RON 77 billion in the previous three months, according to financial analysis platform RisCo.ro. The number of companies with unpaid debts also rose by more than 1,000, from 47,012 to 48,028. Obligations…
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Swiss cellist Samuel Niederhauser wins George Enescu Competition section in Romania
Swiss cellist Samuel Niederhauser won first prize in the cello section of the 2026 George Enescu International Competition following the final held at the Romanian Athenaeum in Bucharest on September 7. Joshua Kováč of the United States placed second, while South Korea’s Sanghyeok Park finished third. Niederhauser also received the audience award and the prize…
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Romania’s residential market slows in H1, Bucharest sales down just 2%
Romania’s residential market slowed in the first half of 2026 after several years of strong growth, but the figures do not indicate a major correction, according to a Colliers report. Apartment transactions fell by approximately 9% nationwide, while Bucharest recovered from a weak start to end the period only around 2% below the first half…
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Romania’s National Bank authorizes Agricover’s agri-fintech company as payment institution
Agricover Payments, part of the Agricover Group, has been authorized as a payment institution by the National Bank of Romania (BNR). Agricover Payments is an agri-fintech company focused on developing digital financial solutions for farmers. It is authorized to provide payment accounts, issue cards, carry out money transfers and enable cash withdrawals. The company plans…