Romania will use money from the EU-backed Recovery and Resilience Facility (PNRR) to build a Regional Oncology Institute in Timişoara, health minister Alexandru Rafila announced on his personal Facebook page. According to him, the investment amounts to over EUR 250 million.
The new facility will have 250 beds and an outpatient clinic integrated with 26 medical offices, equipped with state-of-the-art equipment for analysis, imaging, an operating room, intensive care, and even a transplant...
Romania’s modern retail market expanded to 4.73 million square metres by mid-2025, but remains unevenly distributed across the country, with more than two-thirds of total space concentrated in a few regions, Cushman & Wakefield Echinox reported. The capital Bucharest and the broader Centre-West region - encompassing Transylvania and Banat - account for over 60% of […]
The Embassy of the Russian Federation was the sole foreign mission to send a message of condolences following the death of Romania’s former president Ion Iliescu, notes Iulian Anghel in a column in Ziarul Financiar. The message came 24 hours after the Romanian authorities officially announced Iliescu’s...
The Romanian government has initiated the process to appoint new leadership for the Agency for Monitoring and Evaluation of the Performance of Public Enterprises (AMEPIP), Economedia.ro reported. The move follows the creation of selection...
Romania's National Agency for Fiscal Administration (ANAF) has issued a warning to companies and individuals after identifying irregularities in value-added tax (VAT) declarations, Economedia.ro reported. The discrepancies were uncovered...
The future edible oil factory in the Galati Free Zone in eastern Romania, planned by Sunpro Oils (Romania), has received the construction permit so that the works will begin shortly. The equipment has started to arrive, mayor Ionuț Pucheanu announced on Facebook. With Sunpro Group (Switzerland) among the owners with a 25% participation, Sunpro Oils […]
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 […]
