BUCHAREST, April 13, 2022 – Today, World Bank Group President David Malpass met with President Klaus Iohannis of Romania. President Malpass commended Romania’s humanitarian support to Ukrainian refugees displaced by the Russian invasion. President Malpass noted that this year marks thirty years of partnership between the World Bank Group (WBG) and Romania, and reaffirmed the WBG’s commitment to continue supporting Romania’s development path, particularly focusing on human capital and supporting education. President Malpass and President Iohannis discussed the overlapping global crises affecting Romania and the world, including the Russian invasion of Ukraine, COVID-19, and rising food and energy prices. President Malpass detailed the WBG’s financial support for Ukraine and Moldova, including yesterday’s announcement of additional operations. President Malpass and President Iohannis also spoke about the energy sector in Romania and the importance of integrating climate and development goals as the country diversifies its energy mix. President Malpass noted that the World Bank plans to prepare a Country Climate and Development Report (CCDR) for Romania next year. President Malpass expressed his gratitude to President Iohannis for Romania’s commitment to contribute to IDA20. President Malpass highlighted the benefits of private sector-led growth, noting the importance of increased competition. President Malpass and President Iohannis also discussed Romania’s implementation of EU funding under the Recovery and Resilience Facility (RRF).
Meta Estate Trust, a holding company active in the real estate sector and listed on the Bucharest Stock Exchange (BVB) under the symbol MET, announced that it signed the mandate agreement with its new Chief Executive Officer (CEO), Dan Petrișor. The appointment decision was made by the Board of Directors on October 31, and the […]
Renting is steadily becoming more common in Romania, as access to credit becomes increasingly difficult. As such, even though rents traditionally tend to decrease in October, this year they have kept steadily increasing in most major cities. Traditionally, the demand for rentals increases in August and September, when students return to the major university cities. […]
Demand for logistics and industrial space in Romania reached 750,000 square meters in the first nine months of 2025, a 30% increase compared with the same period last year, according to the Romania Industrial Marketbeat Q3 2025 report by real estate consultancy company Cushman & Wakefield Echinox. If the current pace continues, the total volume […]
Documentary Mondays and Fiction Tuesdays, the programs of the Czech Center in Bucharest, return between November 10 and November 25 with screenings of six contemporary and classic European films. Documentary Mondays, the Czech Center's longest-running film program, proposes documentaries that reflect on the present, memory, trauma, and the ways in which we relate to the […]
Booking Holdings Romania, Servier Pharma, JYSK Romania, Schneider Electric, and Deichmann are the most appreciated companies by their own employees, according to Top Employers Undelucram.ro 2025. The list is based exclusively on feedback from employees rather than public image or marketing perception. The ranking made by Undelucram.ro, a leading online employee community in Romania, is […]
On New Year’s Eve, the local authorities in Constanța will no longer organize the traditional fireworks display. The decision was made to protect animals as well as the environment. The seaside city of Constanța thus joins a growing list of cities in Romania to ban fireworks, Digi24 reported. Cluj-Napoca, Ploiești, Iași, and Brașov...
