Prime Minister Victor Ponta continues the series of sackings he started three weeks ago after he became Head of Government. Ponta announced yesterday during a press conference in Iasi that he will sack National Energy Regulatory Authority (ANRE) Vice President Petru Lificiu. The Premier expressed his disapproval of the statements that Lificiu made on Wednesday [...]
Romania’s residential property market is off to a slow start in 2025, with apartment transactions down nearly 9% in the first four months of the year compared to the same period in 2024, according to real estate consultancy Colliers. The capital saw an even sharper decline, with Bucharest recording a 12% drop in transactions, as […]
Ten Romanian women have been selected to join the 2025 edition of the Empowering Women in Agrifood (EWA) accelerator program, organized by Impact Hub Bucharest in partnership with EIT Food, the world’s largest food innovation community supported by the European Institute of Innovation and Technology (EIT). The program supports early-stage female-led businesses in the agrifood […]
Romanians spent EUR 59 million at the cinema in 2024, down 5% from the previous year, as higher ticket prices and fewer spectators contributed to a cooling market, according to data from the Romanian Film Center analyzed by Cushman & Wakefield Echinox. While the average ticket price rose by 10% to RON 26.1, the number […]
In April 2025, about 4,350 employees from 14 counties of Romania were left without a job following employers' decisions to carry out collective layoffs, according to data reported by the Territorial Labor Inspectorate for each county that responded to Ziarul Financiar. Most employees left without a job...
Romanian pharmaceutical producer Antibiotice Iași (BVB: ATB) announced that it secured its fifth consecutive contract with the United Kingdom's National Health Service (NHS), significantly increasing its presence in the British market for injectable beta-lactam antibiotics. The agreement involves the supply of seven million vials of five types of sterile injectable penicillins to UK hospitals over […]
Swiss-based VAT Group, a global leader in vacuum valve manufacturing, announced in a press release on June 5 that it inaugurated a new factory in Arad, western Romania, marking its third major operational hub worldwide. The new facility joins VAT's global network alongside its headquarters in Switzerland and a key unit in Malaysia. The new […]
