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Romanian government reportedly plans staff cuts of up to 40% in prime minister's office and secretariat

Romanian government reportedly plans staff cuts of up to 40% in prime minister's office and secretariat

The Romanian government is preparing a major restructuring of the prime minister's office and the General Secretariat (SGG), with staffing reductions in some departments expected to reach 30–40%, Profit.ro reported on July 15, citing multiple...

Romanian political analyst: Azerbaijan is not just an actor in the South Caucasus, but a country that dictates the rules of the game

Romanian political analyst: Azerbaijan is not just an actor in the South Caucasus, but a country that dictates the rules of the game

Bucharest, July 15, AZERTAC Romania’s “Gândul” portal has published an article by political analyst Cristian Lisandru highlighting Azerbaijani President Ilham Aliyev’s balanced and principled policy toward Russia. According to Lisandru, recent...

174 of the world’s biggest 500 companies have their GCCs in India: Report

174 of the world’s biggest 500 companies have their GCCs in India: Report

India’s Fortune 500 GCCs are transforming into AI-native hubs, leading innovation and reshaping global business operations India is emerging as a transformation hub of the largest global companies with Fortune 500 firms increasingly set up their...

Romania, EU migration champion: 3.1 million Romanians live abroad

Romania, EU migration champion: 3.1 million Romanians live abroad

0 Romania leads the migration rankings among EU countries, with 3.1 million citizens settled in other member states, 16.3% of the population, an exodus equivalent to the complete emptying of major cities, IPN reports with reference to Mediafax. A...

Romanian Industrial Production Grows 3.7%

Romanian Industrial Production Grows 3.7%

Romania's industrial output expanded for the first time in four months in May, data from the National Institute of Statistics showed on Tuesday. Industrial production logged a seasonally and working-day adjusted increase of 3.7 percent...

Libya, Romania discuss closer ties in Tripoli meeting

Libya, Romania discuss closer ties in Tripoli meeting

Foreign Minister, Al-Taher Al-Baour, met with Romania’s Ambassador to Libya, Nicolae Marin, in Tripoli on Wednesday to discuss strengthening bilateral relations. Talks focused on expanding cooperation across various sectors and exchanging views on...

Romanian defense minister salutes US decision to continue supplying weapons to Ukraine

Romanian defense minister salutes US decision to continue supplying weapons to Ukraine

Romanian defense minister Ionuț Moșteanu welcomed US president Donald Trump’s decision to continue supporting Ukraine with modern weaponry, including Patriot systems, on Monday, July 14. The minister noted that the announcement made by president...

Herat’s Caravanserais: Historic Trade Hubs Now Welcoming Tourists

Herat’s Caravanserais: Historic Trade Hubs Now Welcoming Tourists

Herat’s historic caravanserais, once bustling centers of commerce, have now become popular tourist attractions, particularly among foreign visitors. Despite suffering damage from natural disasters and decades of war, these architectural relics...

Real estate investment volumes remain strong in Romania in first half of 2025 - report

Real estate investment volumes remain strong in Romania in first half of 2025 - report

Romania attracted roughly EUR 391 million in real estate investments during the first half of 2025, marking only a slight 6.5% decrease compared to the same period last year (EUR 418 million). Despite the dip, H1 2025 ranks as the second-best...

Fitch issues moderate note on Romania's fiscal package one month ahead of country update

Fitch issues moderate note on Romania's fiscal package one month ahead of country update

Political risks have eased in Romania since the previous government introduced a consolidation package in late 2024 amid heightened tensions triggered by the annulment of November's presidential election and the coalition negotiations resulted in...

Romanians place RON 1.66 bln in July Fidelis government bond issue

Romanians place RON 1.66 bln in July Fidelis government bond issue

The Romanian Ministry of Finance raised RON 1.66 bln ( EUR 330 million) from the population in the July edition of its Fidelis government bond programme, maintaining the same level as the June issue and significantly exceeding the RON 1.18 billion...

Work begins on passenger boarding and disembarkation bridges at Bucharest Henri Coandă Airport

Work begins on passenger boarding and disembarkation bridges at Bucharest Henri Coandă Airport

The Bucharest Airports National Company (CNAB) announced on Tuesday, July 15, that it has begun modernization, replacement, and capital repair works on the passenger boarding and disembarkation bridges at Henri Coandă International Airport,...

UniCredit expects Romania's public deficit at 8.5%-of-GDP this year

UniCredit expects Romania's public deficit at 8.5%-of-GDP this year

UniCredit Bank, in a report issued on July 14, projects Romania's public deficit to reach 8.5% of GDP this year in ESA terms, down from 9.3% in 2024 – a projection rather on the pessimistic side compared to the European Commission's 8.6%-of-GDP...

Gebrüder Weiss Romania installs PV system at Popești-Leordeni logistics hub

Gebrüder Weiss Romania installs PV system at Popești-Leordeni logistics hub

Gebrüder Weiss Romania has completed the installation of a photovoltaic system at its newest logistics hub in Popești-Leordeni, marking a major step in its sustainability strategy. The system includes 674 solar panels covering roughly 1,635 sqm on...

Playzia Partners with Erwin to Accelerate Growth in German iGaming Market

Playzia Partners with Erwin to Accelerate Growth in German iGaming Market

Reading Time: 2 minutes Playzia, a rapidly growing force in the iGaming industry, has signed a significant partnership with Staatliche Toto-Lotto GmbH Baden-Württemberg’s slot brand erwin. This alliance will see Playzia’s cutting-edge games become...

Blow on the track in Chisinau: a Romanian company breaks the oligarch Shor’s monopoly

Blow on the track in Chisinau: a Romanian company breaks the oligarch Shor’s monopoly

The Romanian company Kronaero, founded by entrepreneur Ciprian-Mihail Oprescu, will begin ground handling operations at Chisinau International Airport starting August 1, 2025, after receiving official authorization from the Civil Aeronautical...

Lyca Mobile's Market Understanding Through Customer-Focused International Connectivity Solutions

Lyca Mobile's Market Understanding Through Customer-Focused International Connectivity Solutions

When Lyca Mobile Chairman Allirajah Subaskaran worked in his family's grocery store in Paris during the 1980s, he observed immigrant customers desperately seeking affordable ways to call home. That experience of witnessing unmet communication...

Costești hydropower plant to add wind farm, floating solar park and energy storage

Costești hydropower plant to add wind farm, floating solar park and energy storage

The Costești hydroelectric power plant, located in Moldova on the Romanian border, may double its capacity through renewable energy sources. The state-owned Costești Hydropower Node enterprise has presented feasibility studies for a floating...

Who was Felix Baumgartner and how was he associated with Red Bull? All about the relationship of the late skydiver

Who was Felix Baumgartner and how was he associated with Red Bull? All about the relationship of the late skydiver

The man behind Red Bull’s iconic Stratos space jump, Felix Baumgartner, passed away on Thursday, June 17. This news has come as a shock to many, particularly those closely associated with him. The famous skydiver was one of the Fuschl-based...

Today in History: Detroit files for bankruptcy

Today in History: Detroit files for bankruptcy

Today is Friday, July 18, the 199th day of 2025. There are 166 days left in the year. Today in History: On July 18, 2013, Detroit became the biggest U.S. city to file for bankruptcy, its finances ravaged and its neighborhoods hollowed out by a...

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