Category: Uncategorized

Employees in Romania travel an average of only 17 kilometres to and from work each day, the shortest distance among the 16 European countries included in an SD Worx survey. Despite this, their daily commute lasts almost 53 minutes, placing Romania sixth in the ranking for average travel time. The time spent commuting also exceeds…

More than 290 designers from over 50 countries will bring to Bucharest their diverse creations, techniques, and perspectives on contemporary jewelry at the upcoming edition of Romanian Jewelry Week. Over five days, the public can explore contemporary jewelry “as a form of art, design, and personal expression” through exhibitions, meetings with designers, events, and international…

Romanian technology company Hyperfy has won a contract to implement a Centralized Security System for the National Bank of Romania (BNR). The contract, valued at RON 12 million excluding VAT (approximately EUR 2.2 million), was won through Global Operation Center, a company in its portfolio. The project, which will be implemented over 24 months, involves…

Romania’s center-right National Liberal Party (PNL) and Save Romania Union (USR) have signed a parliamentary cooperation agreement aimed at coordinating their legislative and political actions throughout the current parliamentary term. The deal is not an electoral alliance or an agreement on political appointments, PNL vice president Alexandru Muraru said. The agreement covers PNL’s 54 deputies…

Energy expert Dumitru Chisăliță told Digi24 that new offers could be 10%-15% more expensive and warned that price increases could continue until the end of the year or even into 2027. “Hidroelectrica was until now the supplier with the lowest price in the market, but also the company whose decisions influenced the strategy of its…

The INS data confirmed the flash estimate announced in August. For the first half of the year, economic activity contracted by 0.7% y/y. Under the Eurostat methodology, based on chain-linked volumes, GDP contracted by 1.9% y/y in Q2, after a 1.4% y/y contraction in Q1. In seasonally adjusted terms, however, GDP remained broadly unchanged in…

The company’s management has set the date for the Extraordinary General Meeting of Shareholders for September 21, 2026. The agenda includes the project for the new terminal for bulk solid fertilizers and liquid products, according to the official document. The infrastructure will be developed at Berth 84 and Stockpile 5 in the North Port of…

This prepares the ground for a faster sale of the shipyard to the German group Rheinmetall, which should start construction of EUR 1 billion military ships under a contract with the Romanian state, and its partner MSC, Ziarul Financiar announced. “The Constanta Court approved the accelerated sale of the shipyard, according to the civil procedure…

President Dan reportedly wants a fully operational government in place before the next S&P sovereign rating review, expected in early October, with the rating agency’s experts due in Bucharest on September 24, according to G4media.ro. The list of possible candidates, which already included incumbent finance minister Alexandru Nazare and presidential adviser Eugen Tomac, alongside the…

The BET index lost 6.7% in August, but still posted a 42.3% gain since the beginning of the year and a 67.4% increase over the past 12 months, ranking first on both horizons among a sample of 38 European national benchmark indices, Ziarul Financiar reported. “The correct story is no longer ‘Romania, alone in Europe’,…