Category: Uncategorized
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Belarusian dictator Alexander Lukashenko expresses “horror” at Romania-Moldova unification scenario
Belarusian president Alexander Lukashenko expressed “horror” at the possibility of the Republic of Moldova and Romania unifying. He made the statement during a meeting with Moldova’s pro-Russian former president, Igor Dodon, on Monday, May 25. During the meeting in Minsk, Lukashenko said he heard about the reunification scenario from statements made by Moldovan president Maia…
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Summer in Bucharest: Outdoor spots and experiences to explore
During the warmer months, the city’s parks, riverside, gardens, and public spaces come alive with cultural events and recreational activities. From boat rides on the river Dâmbovița to diverse summer festivals, here are a few experiences to try. A different perspective Boat rides have become one of the city’s most refreshing warm-weather activities, offering a…
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Romanian developer Impact Group closes Q1 2026 with revenues of RON 55.4 mln
Impact Developer & Contractor (BVB: IMP), the first real estate developer listed on the Bucharest Stock Exchange, reported consolidated revenue of RON 55.4 million and gross profit of RON 11.7 million for the first quarter of 2026. The company continued to expand its residential projects in Bucharest and other Romanian cities. Individual results showed that…
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Tate brothers consider buying Continental Hotel in Romania’s Cluj-Napoca
Andrew and Tristan Tate arrived in Cluj-Napoca, Romania’s second-largest city, on Tuesday, May 26, and visited the historic center to look at several properties, including the famed but aging Continental Hotel. In a subsequent interview, Andrew Tate said he is considering moving to Cluj-Napoca. “I’m also interested in making some investments, so I’m here in…
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ARVAL MOBILITY OBSERVATORY 2026 GLOBAL FLEET AND MOBILITY BAROMETER: Half of Romanian companies are considering introducing or increasing operational leasing, while 25% expect fleet growth over the next three years
Fleet electrification gains momentum in Romania: 24% of companies already operate at least one electrified passenger car technology (HEV, PHEV or BEV) Arval Romania, part of the BNP Paribas Group and a major player in full-service leasing and mobility solutions, today presents the findings of the 2026 Fleet and Mobility Barometer conducted annually by the…
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Bucharest’s Hello Doggie Festival to donate food for shelter dogs through new charity campaign
Organizers of the Hello Doggie Festival in Bucharest announced the launch of a new donation campaign called “A Bowl of Kindness” aimed at supporting dogs living in shelters across Romania. The initiative will donate one kilogram of dog food for every 10 people attending the festival in person. The campaign is organized in partnership with…
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Romania’s central bank launches commemorative coins marking 50 years since Nadia Comăneci’s perfect 10
The National Bank of Romania (BNR) announced the launch of a new series of commemorative coins dedicated to Nadia Comăneci to mark 50 years since the first perfect 10 in Olympic gymnastics history. The numismatic issue will enter circulation this week, on May 28. The collection includes a gold coin, a silver coin, and a…
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Romania’s Hidroelectrica plans 100 MW of floating PV parks and storage batteries on Olt River
Romania’s state-controlled Hidroelectrica (BVB: H2O) aims to install supplementary floating photovoltaic parks on the reservoirs of five hydropower plants it operates on the Lower Olt, with attached energy storage batteries (BESS) for each of them. In total, 90 MW of PV floating panels would be added to the 10 MW currently under construction, with the…
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Romania’s CFA macroeconomic confidence index steady in April at weak level
The CFA Romania Association’s Macroeconomic Confidence Indicator remained relatively constant in April, at 38.1 points – a level well below the neutral 50-point benchmark. The current conditions indicator decreased slightly, by 0.7 points, and the expectations indicator increased by 0.2 points, resulting in a 0.1 point increase in the economic confidence indicator. The survey underlying…
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Romania’s budget execution improves, but sharp deficit contraction is driven by base effects
The general government budget deficit in Romania contracted by 57% y/y to nearly RON 24 billion (EUR 4.7 billion) in January-April, according to data published by the Finance Ministry. The deficit to GDP ratio decreased to 1.17% from 2.92% in the same period of last year. The detailed figures confirm positive developments in the execution…