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The development is linked partly to the expansion of road infrastructure, which is expected to further spur regional economic growth. The Moldova Motorway is one of Romania’s largest road infrastructure projects and has recently reached a significant stage. About half of its planned 450 kilometres are already open to traffic, while further sections are expected…

The annual contraction, which stood at around 5%-6% in the first two quarters of the year, remained high at 6.2% in July. However, the rate should start easing from August as favourable base effects kick in: the VAT rate increase implemented in August 2025 pushed up inflation and consequently reduced households’ real purchasing power. In…

Besides representatives of the companies involved, among those attending the ceremony were the US ambassadors to the countries of South-Eastern Europe: H.E. Ms. Kimberly Guilfoyle – the US Ambassador to Greece, Ms. Nicole Varnes – Chargé d’Affaires a.i. at the U.S. Embassy in North Macedonia and Mr. Joshua Volz – Special Envoy for Energy Integration…

The European Commission and Romanian officials currently envisage a deficit of around 5.9% of GDP. JP Morgan had previously expected Romania to outperform its official deficit target this year. The current trajectory points to a budget deficit of around 5.7% of GDP in cash terms, compared with the official target of 6.2%, JP Morgan estimated,…

Cordia Romania, a member of Futureal Group and one of the most active international residential developers in the Romanian market, announces the appointment of Concelex, a leading Romanian construction company, as general contractor for Centropolitan, its flagship premium residential development currently under construction in the heart of Bucharest, adjacent to Bucharest Mall and Alba Iulia…

Mihai Bordeanu, Managing Director for South-Eastern Europe at Dacia and Country Head for Romania, said the company was waiting for the government to act after discussions with “various government representatives”. “I’m waiting for the next five months. At this point the ball is in the court of the Romanian Government, which must have a more…

Students across Romania return to classrooms on Monday, September 7, for the start of a new school year, but many children from vulnerable families risk arriving without the supplies they need. A World Vision Romania study found that 92% of surveyed rural parents and teachers believe pupils without a backpack and school supplies feel inferior,…

Romanian president Nicușor Dan made his first official visit to a meeting of the Supreme Council of Magistracy (CSM) on Thursday, September 3, but his 10-minute attendance produced little of the substantive debate on the judiciary he had promised earlier this year, with CSM members largely remaining silent, according to Hotnews.ro. The visit was particularly…

Students across Romania will return to classrooms on Monday, September 7, for the start of the 2026-2027 school year. The calendar includes 36 weeks of classes divided into five modules, with five holiday periods between them, Digi24 reported. The school year officially runs administratively from September 1, 2026, to August 31, 2027, but classes begin…

Update: In a first reaction, Andrew and Tristan Tate’s Romanian lawyer, Eugen Constantin Vidineac, said the new indictment does not establish the brothers’ guilt and confirmed that the defense would challenge any problems it identifies in the case. “Today’s decision by DIICOT does not determine guilt and it should not be presented as though it…