CFA Romania urges government to sell additional stakes in state-owned companies

The Romanian government could raise between RON 12 billion and RON 18 billion (EUR 2.4 billion–EUR 3.6 billion) without losing control of key state-owned enterprises by selling additional stakes, according to an analysis released by CFA Romania....

Romania defers 2025 budget revision on "multiple requests and financing needs"

The budget rectification project is to be adopted by the end of this week, given the multiple requests and financing needs addressed to the Ministry of Finance in the context of deficit pressures, minister Alexandru Nazare announced, according to...

For 2026, Generatik forecasts up to €3 million in indoor advertising revenues per premium mall location in Romania

Generatik, Romania’s first digital platform that automates the planning and execution of indoor advertising campaigns, officially launched this summer by Brand Management, aims to consolidate the mall advertising market and highlight the untapped...

Pelikan launches limited edition fountain pen dedicated to the Custodian of the Romanian Crown

Pelikan, the German brand of writing instruments, launched a limited edition of fountain pens created in collaboration with the Royal House of Romania. The official launch took place on Thursday, October 2, in the presence of Her Majesty...

Tax Institute analysts project Romania’s ESA deficit at 8.7%-9.0% this year

Fiscal consolidation measures and the new deficit target of 8.4% of GDP based on the national cash methodology will bring the budget deficit based on the European ESA methodology to a level between 8.7%-9% of GDP, according to a report by The Tax...

Energy costs in Romania drop for second consecutive month

Romania remained outside the top 5 most expensive energy markets in the EU for the second consecutive month, finishing September in 6th place, with an average price of EUR 97.3/MWh, according to data analyzed by Profit.ro. The average spot...

Romanian Foreign Minister At UN General Assembly Condemns Russian Interference In Moldovan Parliamentary Elections

3 The politician expressed solidarity with the country. Romanian Foreign Minister Oana Tsoiu addressed the UN General Assembly on September 28, condemning the "malicious external interference organized by the Russian Federation on an unprecedented...

PRBC delegation, commissioner hint at JVs to boost economy

Published on: October 3, 2025 2:36 AM A delegation of the Pakistan Romania Business Council (PRBC) met Commissioner Karachi, Syed Hassan Naqvi, to discuss ways of expanding economic cooperation and building stronger ties between Pakistan and...

NATO Nation’s Opposition Leader Reveals Europe’s Weakness | ‘EU Is Afraid Of China, Russia & U.S.’

Romanian MEP Diana Sosoaca criticised the European Union’s economic policies, warning of an impending collapse of the European economy. She sharply condemns EU sanctions on China, arguing they interfere with international trade and limit economic...

EUR 20bn for the Development of Romanian Nuclear Energy

The General Meeting of Shareholders of Nuclearelectrica (SNN), the operator of the Cernavoda nuclear power plant, approved in September the company’s investment strategy for the period 2025–2030, with a view to 2035. SNN’s strategic investment...

OPINION: Europe Must Become a Strategic Actor in Its Own Right

In recent weeks, unidentified drones violated European Union airspace, prompting an emergency meeting of European leaders, hosted by Denmark. In fact, such incursions have proliferated over the last three months, with at least ten countries, from...

In Defence Push, Romania Launches Volunteer Military Training Programme

Romanian cadets attend the opening ceremony of the new academic year at Carol I National Defence University headquarters in Bucharest, 29 September 2025. Photo: EPA/ROBERT GHEMENT. The Romanian government on Thursday approved legislation...

UK-based First Property Group sells office building in Bucharest’s Victoriei Square to Bucur S.A.

UK-based investment fund First Property Group has completed the sale of the Dr. Felix 87 office building in Bucharest’s Victoriei Square to Stock Exchange-listed company Bucur S.A. In this transaction, which closed on October 1, Colliers acted as...

San Francisco-based community hub striving to connect Romania, other CEE startups with Silicon Valley

The European Startup Embassy, a new community project based in San Francisco, aims to connect Romanian and other European entrepreneurs with business opportunities in the United States that facilitate rapid scaling, access to capital, and...

South Korean Embassy in Romania hosts reception to mark National Foundation Day, Armed Forces Day

South Korean ambassador Kap-soo Rim will host a reception at the Bucharest National Theater on Friday, October 3, to mark the National Foundation Day and Armed Forces Day of the Republic of Korea. The reception is also in honor of the 35th...

Telco giants DIGI, Vodafone complete takeover of Telekom Romania

Vodafone Romania and DIGI, two major telco operators on the Romanian market, announced the completion of the acquisition of Telekom Romania Mobile Communications on October 1. After the completion, Vodafone gains control over Telekom Romania,...

St Jean gears up for first Croatian volleyball stint

This weekend, professional volleyball player Tevin St Jean will line up for his 10th club and begin his first stint in Croatia. The 30-year-old middle blocker from Soufriere will be playing for MOK Marsonia in Slavonski Brod this season. Competing...

Dan Lăzărescu appointed GM of Robert Bosch and representative of the Bosch group in Romania

Bosch announced the appointment of Dan Lăzărescu as General Manager of Robert Bosch S.R.L. and representative of the Bosch Group in Romania, effective October 1. He takes over from Mihai Boldijar, who is retiring after 30 years with the company,...

Political will is needed for state-owned companies to go public

The public listing of state-owned companies is an essential tool for increasing efficiency in the public sector, but for this process to be fully successful, political will and modern governance are needed, Romanian specialists argue in a study...

Developer One United Properties starts work on two schools in Bucharest

One United Properties, one of the largest real estate developers in Romania, has begun construction work on two schools located within the One Academy Club and One Lake District developments, which will accommodate over 1,000 children. These...