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Parents are required to pay, on average, nearly RON 10,000 (EUR 2,000) per year for private tutoring, after-school programmes, and educational materials, according to a survey by Save the Children Romania, based on data collected at the end of 2024.  Compared to 2021, the average annual cost borne by parents for their children’s education has…

Based on the available polls, an evaluation of the candidate’s potential, and considering the dynamics of the electoral debates, three major candidates emerge as main players ahead of the presidential rerun scheduled for May: ruling coalition’s candidate Crin Antonescu, the president of far-right party AUR George Simion, and Bucharest mayor Nicusor Dan – running as…

Turkish group Koç Holding is planning to expand its operations in Romania with its medical services divisions and is currently seeking land for a hospital that is expected to involve EUR 100 million in investments, according to Profit.ro. Koç Holding is already active in Romania with automotive and home appliances through Fort Otosan, Arcelik (Beko…

The yearly celebration of French cinema is on in Bucharest and several other cities in the country, while coffee lovers can head to a dedicated festival in the capital. In Bucharest: French Film Festival March 20 – March 30 The yearly event dedicated to French cinema returns to Bucharest and eleven other cities in the…

The fifth edition of The Economist Romanian Business & Investment Roundtable bought a dynamic discussions on Romania’s evolving economic landscape. Amid intensifying global competition and emerging protectionist trends, speakers highlighted that globalization is not in decline but undergoing transformation. While great power rivalries reshape market conditions, Romania remains well-positioned to adapt and thrive by strengthening…

Bela Fleck, Meshell Ndegeocello, and Adi Oasis are among the artists set to perform at this year’s edition of JAZZx, the jazz festival held in Timișoara, in western Romania. They add to the first announced names, namely Jacob Banks, The Philharmonik, New Fossils, and Zaharenco. The event, at its 13th edition this year, will take…

The number of investors in mutual funds is approaching one million, and that the value of the mutual funds’ net assets increased by 30% y/y to RON 24.44 billion at the end of last year, speakers attending a Bucharest debate on the topic explained. The net inflows maintained their upward path in the fourth quarter…

Romanian member of the European Parliament Victor Negrescu, S&D, said that Romania benefits from a strong IT sector, making it the “digital tiger of Europe.”  The statement was made at the Romanian Digital Day event, which Negrescu organized within the European Parliament. The event aimed at promoting the potential of Romania’s digital sector at the…

Lender Banca Comercială Română (BCR), part of the Austrian Erste Bank Group, will use an EV modular truck to offer banking services in Romania’s rural and small urban communities. The initiative, dubbed a “100% electric mobile bank,” adds to the bank’s first mobile unit, which went into use in October 2022.  It is part of…

Romanian star swimmer David Popovici and acclaimed rower Simona Radiș, both Olympic champions at the Paris Games, were named Male and Female Athletes of the Year at the 2024 Romanian Sports Gala on Tuesday, March 18. The event was organized by the National Sports Agency, with the awards presented during a ceremony at the Romanian…