The deficit of Romania’s trade in goods has contracted by 10% y/y to EUR 2.6 billion in August, marking the fourth consecutive month of negative annual dynamics. The deficit in 12 months to August eased to EUR 34.4 billion, down from EUR 35.7 billion calculated in 12 months to April. The trade deficit to GDP […]
Romania's average wages in the private sector are expected to rise by only 6% y/y in 2026, after the 7.5% y/y advance this year and 10.4% y/y in 2024, according to the PayWell 2025 report compiled by PwC and cited by Ziarul Financiar. The average inflation was 5.5% y/y in 2024 and will be slightly […]
The real net wage in Romania plunged by 5% y/y in August, after it had contracted nominally for the second consecutive month (-2.4% m/m) and the headline inflation rate accelerated to 9.9% y/y from 5.7% y/y only two months earlier, according to the data published by the statistics office INS. In absolute terms, the net wage […]
Romania’s National Cathedral, one of the largest Orthodox churches in the world, will be consecrated on October 26, the Romanian Patriarchate announced on Monday, October 13, presenting a detailed timeline of the building’s construction that spans two decades. Back in 2005, in accordance with the wishes of the late Patriarch Teoctist, the site for the […]
Construction and real estate development company Novarion has announced its intention to list on the AeRO market of the Bucharest Stock Exchange by the end of the year or at the beginning of next year. Listing will take place following a EUR 70,000 grant obtained through the EU-backed National Recovery and Resilience Plan, or PNRR. […]
“The Robot Cellist,” the visionary project of international artist Fredrik Gran, will perform during GoTech World 2025, the largest IT and digital solutions expo-conference for the business environment in Central and Eastern Europe. Created by Swedish composer Fredrik Gran, “The Robot Cellist” reinterprets the cello through technology, blending tradition with innovation. It has already appeared […]
