A joint venture of the energy transport operators in Romania, Georgia, Azerbaijan, and Hungary backed by the governments of the four countries was set up in Bucharest on September 3, with the purpose of bringing "green" energy from Azerbaijan to Europe through a subsea cable laid under the Black Sea.
The document underlying the establishment of the joint venture company "Green Energy Corridor Power Company" was signed in the presence of ministers from the four member states of the Agreement...
There is a consensus among analysts on expectations for no change in the Romanian central bank's monetary policy rate (6.5% currently), despite the expected slow economy, until at least the first quarter of 2026. More insights are expected from the August Inflation Report, which should reflect the monetary authority's expectations for the impact of the […]
Romania's retail sales volume index increased by 1.8% y/y in the second quarter of the year (Q2), decelerating from +3.5% y/y in Q1 and +8.6% y/y in 2024, according to data published by the statistics office INS. In seasonally-adjusted terms, the sales volume inched up by 0.2% q/q in Q2, after a similarly moderate advance […]
The Constanța City Hall, in partnership with the Constanța Casino, is set to host a special cultural event on Saturday, August 9. For the first time, a multisensory concert will take place on the seafront in front of the iconic Casino, featuring classical reinterpretations of music by Coldplay and Imagine Dragons. The open-air concert will […]
The first self-service mobile phone repair shop in Romania opened in the city of Iasi, aimed at promoting sustainability and the right of users to maintain their own devices in safe and efficient conditions. The initiative aims to promote the right to repair, following European Directive 2024/1799, to support the tech community and DIY repair […]
Ukrainian refugees living in Cluj County, central Romania, have restored a playground in the suburb of Florești as a sign of gratitude for the support offered by Romanians after the start of the war in Ukraine. According to representatives of the Association of Ukrainian Youth in Romania (or ATUR), this project was entirely funded and […]
The Brașov Jazz & Blues Festival returns for its 13th edition from August 14 to 17, transforming the city into a multi-stage celebration of jazz, blues, gospel, and live improvisation. This year's edition will take place in seven locations across Brașov and nearby areas, featuring live music, film screenings, jam sessions, and family-friendly activities. The […]
