Bucharest’s interim mayor Stelian Bujduveanu has warned that traffic congestion remains the capital’s most pressing problem, with 1.7 million vehicles registered in the city and another 300,000 cars entering daily from surrounding areas, News.ro...
The rising prices also put pressure on the budgets of Romanian employees, who began to cut back on savings this year. Only 3 out of 10 respondents to a recent Bestjobs survey said they manage to put money aside regularly, while nearly 50% save only occasionally.
Of those who did save money this year, 40% saw their savings budget shrink, and 31% managed to keep the same level and pace as last year, the same survey revealed.
When it comes to those who did not receive salary increases...
Bucharest’s interim mayor Stelian Bujduveanu has warned that traffic congestion remains the capital’s most pressing problem, with 1.7 million vehicles registered in the city and another 300,000 cars entering daily from surrounding areas, News.ro...
Databricks, an artificial intelligence company based in the United States with two Romanians among its founders, is launching an accelerator to finance artificial intelligence startups. Up to USD 250,000 is available for small companies. The funds can come in several forms, including cash, credits for using the Databricks platform, and credits from external providers verified […]
The government has reportedly been sued for failing to organize the election for Bucharest mayor within the legal deadline of 90 days from the vacancy of the post, according to Antena3.ro. The authors of the complaint are not disclosed, but the reformist...
Romania's isolationist party AUR consolidated its leading position in two polls carried out by Avangarde and CURS, although the scores and the advance versus the primary challenger – the Social Democratic Party (PSD) – differ significantly between the two estimates. The isolationists' leading position, still not challenging the combined score of the four parties in […]
Romania's public debt surged by RON 21.5 billion in May alone and by RON 70.7 billion year to date, reaching RON 1.035 billion (EUR 204.1 billion) or 57.8% of GDP at the end of May, according to data published by the Finance Ministry. Romania's public debt rose by RON 70.8 billion (EUR 14 billion) […]
The giant Procter & Gamble recently started a production line in Romania, at the Urlați factory in Prahova County, according to Revistaprogresiv.ro. The company will produce Lenor scented pearls here, one of the company's latest innovations in fabric care. Four years ago, the company inaugurated...