The figures place Romania as the country with the best dynamics in Europe, one of the best economic dynamics in the world, according to Marcel Ionescu-Heroiu, senior expert urban development with the World Bank, which says that this year our country has surpassed, for the first time, Hungary as GDP/inhabitant.‘In 2020, Romania has surpassed Slovakia, as GDP/inhabitant, and this year our country has surpassed Hungary, which is a unique economic performance, which is a first. If the trends are in a horizon of one or two years, we will surpass Poland’ stated the WM official in a videoconference Caravan Smart City Sibiu, organized by the Romanian Association for Smart City, together with the Town hall Sibiu, according to a press release sent on Friday.Marcel Ionescu-Hoeroiu spoke about the importance of keeping the attractiveness of the functional urban areas and the human capital which they draw.‘The functional urban areas in Romania are the ones which contribute most to the economy, those being the areas where, at least 15% of the workforce commute to a town or a city, generating 98% of the GDP Romania. Thus, if they do not function, the economy does not work. Practically, what matters are the people, the productiveness and consumption’ he said.
The famous show "Ovo" ("egg" in Portuguese), created in 2009 by Cirque du Soleil, is scheduled for April 23–26, 2026, at BT Arena in Cluj-Napoca. So far, the classic Cirque du Soleil show has delighted over 7 million spectators in 40 different countries. Despite its age, it has been reimaged, with a new set, acrobatic […]
The state-owned group Electrica is set to list the largest green corporate bond issuance in Romania, worth EUR 500 million, on the Luxembourg and Bucharest stock exchanges. According to the company's press release, the European Investment Bank is one of the key participants in the issuance. Overall investor demand at the final price exceeded the […]
Low-cost airline Wizz Air announced a major expansion of its operations in Bucharest, adding a second aircraft to its base at Băneasa Airport starting this October. The airline will relocate nine routes from Otopeni to Băneasa, five of which will be operated exclusively from the secondary airport. At the same time, six new routes will […]
The annual inflation rate in Romania rose to 5.7% in June, up from 5.45% in May, according to data published on Friday, July 11, by the National Institute of Statistics. It is the highest level this year. The consumer price index, compared to May, was 0.45%. The inflation rate from the beginning of the year, […]
A taxi driver who refused to pick up a passenger at Bucharest’s Henri Coandă International Airport on Thursday night, citing the rule that prohibits the second car in line from leaving the queue, was fined and had his professional license suspended, according to the Romanian Police. Local news channel Digi24...
Local authorities in Buzău County, in the south-east of Romania, announced the opening for traffic of the new bridge over the Buzău River on Friday, July 11. At over 1.3 km in length, it is the second-longest road bridge in the country and is part of the Lot 1 Buzău – Vadu Pașii of the […]
