Category: Uncategorized

Romania’s public debt edged down in June 2024 by RON 2.2 bln to RON 860.1 bln (EUR 172.8 bln) at the end of the month, according to data published by the Finance Ministry.  The debt-to-GDP ratio edged down to 51.4% from 51.5% at the end of May but remained above the 50% threshold for the fifth month…

Automobile producer Ford Otosan will assemble batteries for electric cars in its Romanian factory at Craiova, based on battery cells produced in another location, according to Economedia.ro quoting sources familiar with the project. The company did not confirm the information yet. Thus, the actual assembly of the batteries, the last step of the battery production…

Mark Twain International School, a globally recognized educational institution, will open one of its most spacious campuses in the Cosmopolis neighborhood. The total area of the project will be double the size which was initially announced at the signing of the partnership. Subsequently, as opposed to 4,000 square meters of constructed space, there will be…

According to a new study by car data company carVertical, Romanians are among the nations in Europe driving the least kilometers annually. The annual mileage of vehicles driving on Romanian roads is relatively low – 20,338 km – placing the country 17th out of 27 surveyed European states. Vehicles in neighboring Hungary (19,357 km) and…

Romania ranks last in the European Union in terms of the percentage of people interacting with public institutions through official websites or mobile applications, according to the latest data presented by Eurostat.  Less than a quarter of Romanians (23%) used the website or app of a public authority in 2023. By comparison, the EU average…

București Mall-Vitan, Romania’s first modern shopping center, celebrates 25 years, marking a quarter of a century of innovation, evolution and retail excellence. Launched in September 1999, by Anchor Grup, București Mall positioned itself, from the beginning, as a pioneer in this segment, setting new standards for the shopping experience in our country. The shopping center…

Romania’s Central Electoral Bureau, or BEC, announced that the electoral campaign for this year’s presidential elections will begin on October 25 at midnight and will end on November 23 at 7 AM. Voting in the first round is scheduled on November 24. If a second round of voting is necessary, the campaign will begin after…

Archimagini Club A, a photo exhibition centered on Bucharest’s Club A, a landmark venue for the young, alternative culture in the decades of communism, is scheduled to open next month at Arcub – Hanul Gabroveni in Bucharest. The exhibition, with photos taken by architect Mirel Leventer, documents the student life at the Ion Mincu Institute…

Romania’s GDP will grow only 1.8% in 2024, according to economists of the Faculty of Economic Sciences and Business Management of Babeș-Bolyai University in Cluj-Napoca, which runs the Romanian Economic Monitor (RoEM) research project. The figure is lower than the initial forecast of 3%, despite the positive trends recorded in the first half of the…

An old tram originally meant for decommissioning was transformed into a mobile café in Iași, eastern Romania, allowing coffee lovers to explore the city while enjoying savory drinks. The mobile café will serve tourists espresso, cappuccino, and latte macchiato while touring the city. The modified tram is expected to seat up to 80 people and…