Category: Uncategorized

Private pension fund managers in Romania will be allowed to invest up to 10% of their assets in mutual funds, compared to the 5% current cap, according to a draft emergency ordinance of the government quoted by Ziarul Financiar. According to data provided by the Financial Supervision Authority (ASF), the investments of the mandatory private…

Romanians will be banned from spending more than 10% of their incomes earned in the previous months on gambling and betting, according to a draft bill mentioned by Profit.ro, which does not indicate who the draft’s authors are. The banks that handle players’ individual accounts will be responsible for setting spending limitations and will be liable…

RenewAcad, a certified training center in the field of renewable energy sources operated by Wind Power Energy, launched on March 5 in Petrila (Hunedoara County) the project of an assembly plant for components of equipment in the renewable energy industry.  The project will involve investments of approximately EUR 10 million and will be financed under…

The Ji.hlava International Documentary Film Festival, held in the Czech Republic, is bringing to Bucharest a selection of four films from last year’s edition as part of the Echoes of Ji.hlava project. Between March 6 and April 3, lovers of documentary film are invited to the Czech Center to discover the Ji.hlava selection and take…

A campaign organized by Romanian activist and war correspondent Radu Hossu gained increased traction and raised around EUR 85,000 in over two days for Ukraine’s military needs. The fundraiser started after the Trump administration paused military aid to Romania’s neighboring country. Citizens of Moldova and Romania contributed the majority of the funds, according to Defense…

A new survey from Romanian employment platform BestJobs found notable differences among men and women employees, specifically the priority placed on salary and promotion opportunities for the first, and on job stability for the latter. According to the survey, women, who make up 48% of employees in Romania, say salary is an essential criterion in…

The Republic of Moldova was among the countries where the United States “wasted” aid funds, according to president Donald Trump, who spoke before the Republican-dominated Congress.  Trump claimed that government funds had been spent on useless programs in Moldova and Serbia, among other countries. These received assistance from the US through USAID, the agency that…

US-headquartered Expro, a leading provider of energy services, announced that it had been awarded major contracts, either as a direct contractor or subcontractor to OMV Petrom, totaling more than USD 10 million for the Neptun Deep gas project in Romania’s Black Sea. The contracts involve Expro’s subsea landing string (SSLS), SeaCure cementing technology, tubular running services…

The ROLANG Summer School provides immersive courses designed to accelerate fluency in Romanian for learners of all levels. The 12th edition of ROLANG Summer School on the Romanian language will be held from July 21st to August 1st, 2025, in Sibiu, in partnership with the German Cultural Center in Sibiu. Students will delve into the…

Romanian football club FC Rapid 1923 joined the Neuroatipic League initiative to support children diagnosed with autism by providing access to the Sensory Lounge created by the Neuroatipic Foundation and the Romanian Football Federation at the National Arena in Bucharest.  This sensory space will be available during all FC Rapid 1923 matches at the National…