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10-year-old up-and-coming painting talent Dragos Dobocan exhibits at International Salon of Contemporary Art in Paris

October 28, 2023

10-year-old up-and-coming painting talent Dragos Dobocan exhibits at International Salon of Contemporary Art in Paris 10-year-old up-and-coming painting talent Dragos Mihai Dobocan from Oradea made his international debut at the International Salon of Contemporary Art organised at the Le Carrousel du Louvre in Paris between October 20 and 22. Among......

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Food price capping causes more tensions within Romanian ruling coalition

An expected decision on prolonging the price capping mechanism for staple food, which expires at the end of September, may generate more tensions within Romania's four-party coalition. The Social Democrats (PSD) expressed firm views over the weekend, after the government's spokesperson, Ioana Dogioiu, on September 13 claimed that the non-prolongation decision was approved by all […]

Romania accuses Russia of "unacceptable and irresponsible" act over drone incident

Romania's Foreign Ministry summoned the Russian ambassador for the second time in only a couple of days, after a Russian drone entered the national territory in the evening of September 13. In a mission described by Romanian defence minister Ionut Mosteanu as "most likely a provocation," the Russian drone followed a circular trajectory for 50 […]

Romanian entrepreneur pours EUR 10.5 mln in animal feed plant

Rosavis Prod, a business founded in 2007 by the Vica and Constantin Mihăilă family in northeastern Romania at Roşieşti, Vaslui County, which raises 2 million chickens annually, is investing EUR 10.8 million in a feed factory, Ziarul Financiar reported. Out of this, EUR 6.5 million will come...

Romania's telco Digi reportedly ponders listing Spanish subsidiary

Telecommunications operator Digi Communications (stock symbol DIGI) has hired investment bank Rothschild to evaluate a possible listing on the Madrid stock exchange of its Spanish business, the publication Expansión wrote on September 12, citing anonymous market sources, according to Ziarul Financiar. ...

Romania’s external position improves for second consecutive month in July

Romania’s current account (CA) deficit in rolling 12 months has narrowed for the second consecutive month to EUR 32.12 billion in July, according to the data published by the National Bank of Romania (BNR). The 12-month rolling CA gap has thus narrowed by EUR 0.5 billion from June, after it previously contracted by EUR 1.4 […]

Romanian FinMin approaches financial and direct US investors with Washington visit

Romania's minister of finance, Alexandru Nazare, has been on a working visit to Washington, DC, from September 11 to 13 to strengthen economic and financial dialogue with American partners and attract new investors in key sectors for Romania, such as energy, infrastructure, and technology, the Ministry of Finance announced.  The agenda of the visit included […]