Category: Uncategorized

The private healthcare sector in Romania has experienced remarkable growth, becoming one of the most dynamic areas of the economy, according to an analysis by Ziarul Financiar. Last year, the combined revenue of private clinics reached a record RON 12.4 billion (approximately EUR 2.5 billion), marking an 18% increase compared to the previous year and…

The National Liberal Party (PNL), the junior ruling party in Romania, has placed the elimination of gambling advertising as a key legislative priority for the autumn 2024 parliamentary session.  The proposal, listed as the sixth of eleven priorities by the PNL parliamentary group, aims to address the widespread influence of gambling advertisements, particularly in sports,…

Romania has received formal approval from the Organization for Economic Cooperation and Development (OECD) in the field of competition, marking a significant step in the country’s ongoing accession process to the organization.  This approval follows a thorough evaluation by the OECD’s Competition Committee, which reviewed Romania’s competition policies and practices from 2018 to 2022. The…

Romania’s trade relations with Germany experienced significant growth in the first half of 2024, marking a 3.9% increase in trade volume compared to the same period in 2023. According to data from the Federal Statistical Office of Germany (Destatis), the total value of imports and exports between the two countries reached EUR 21.7 billion, up…

Pensions under RON 3,000 (EUR 600) in Romania will no longer be taxed starting October 1, 2024, minister of labor Simona Bucura-Oprescu has announced.  The decision, supported by prime minister Marcel Ciolacu, raises the current tax exemption threshold from RON 2,000 to RON 3,000.  PM Ciolacu emphasized the fairness of this measure, stating it would…

World-renowned American actor John Malkovich will return to the stage of the National Theatre in Timișoara in November to star in Infamous Ramirez Hoffman. The show is part of the theatre’s 2024-2025 season, which includes “a series of exciting performances,” representatives said. Infamous Ramirez Hoffman is based on the final chapter of the book “Nazi Literature…

Logicor, a leading owner, manager, and developer of logistics real estate in Europe, bought a 4.6-hectare plot of land from toy retailer Jumbo. The land is located on the Pallady exit towards the A2 motorway, and its acquisition strengthens Logicor’s position in the eastern area, where the developer also owns the first last-mile logistics hub…

Emil Cențiu, a STEAM education enthusiast and software developer in London, will cross Europe by bicycle to raise funds in support of the Romanian Science Festival (RSF), the largest national festival promoting science among students. He will cover 2,462 km between London and Pitești, passing through 10 countries: the UK, France, the Netherlands, Belgium, Germany,…

US ambassador to Bucharest, Kathleen Kavalec, and her husband recently embarked on a unique experience in Romania: a three-day hike on a section of the long-distance trail Via Transilvanica in rural Transylvania. The couple’s journey started in Stejărenii (near Sighișoara) and continued through Criș, Malâncrav, Nou Săsesc, Copșa Mare, Biertan, Richiș, and Nemșa. “Together, they…

The work on the new subway line M6, which will connect Bucharest to the Henri Coandă Airport, has started, bringing several traffic restrictions and public transport changes in the northern part of the city. Mayor Nicuşor Dan recently announced several changes to the tram and bus routes in the Clăbucet area. As such, tram lines…