The situation in the construction sector can be considered an important indicator of the general economic state of the country, and the National Bank of Romania (BNR) is interested in drawing up in-depth economic studies and analyzes about the developments in this field, the governor of the National Bank of Romania, Mugur Isarescu said on Wednesday."The field of construction, as a whole, now represents in Romania a major component of economic growth. Therefore, the situation in this sector can be considered an important indicator of the general economic state of the country. Today we are opening a dialogue platform with the representatives of this system. We are interested in drawing up in-depth economic studies and analyzes about the developments in this field. The partnership that we concluded with the Construction Designer Employers' Association can be integrated, moreover, into already established programs of the BNR, dedicated to the business environment, such as EconomicHub, which started in 2019. The central bank's initiative to contribute to the growth of entrepreneurial education at the national level, by starting in 2023 the Top Entrepreneurship project together with the Romanian Association of Banks, the Association of Financial Companies in Romania, the Romanian Fintech Association, the Bucharest Stock Exchange, the Romanian Banking Institute, the National Loan Guarantee Fund for SMEs, the Chamber of Commerce and Industry and representatives of the academic environment", Mugur Isarescu told the conference with the theme "Development - from planning for stability and durability", organized by the National Bank of Romania and Construction Designer Employers' Association.He mentioned that such collaborations are common for the National Bank, an institution that has openly assumed an important role in the economic debate.
The third edition of Taifas Balkan Film and Culture Festival, set to take place in Timișoara between October 13 and October 19, will include a retrospective dedicated to Romanian director Radu Jude. The public will be able to see the director's short films, in addition to a preview of his latest production, Dracula, presented at […]
Sursa International Light Art Festival, an event featuring immersive installations, projections, and light structures, will take place at the National Library of Romania from October 13 to October 19. The event brings together international and Romanian artists “in a visual dialogue about technology, architecture and sensitivity,” the organizers announced. “We wanted to build the opportunity […]
Romania’s Defense Ministry has signed a contract worth RON 50.4 million with Rheinnmetall Automecanica, a subsidiary of the German defense industry giant Rheinmetall, for the delivery of drone detection systems, Economedia.ro reported. The radar system will be delivered within 18 months at most and will reportedly be...
The former Steaua Roșie cinema in Cluj-Napoca will reopen as Edison-House of Music, a cultural hub dedicated to music and community, the organizers of the Jazz in the Park festival announced. Built in the early 1900s, the Edison building became, after World War II, the Steaua Roșie cinema. After 1989, the venue underwent several changes […]
Unprecedented amounts of precipitation have been recorded in Romania as cyclone Barbara hit the country on October 5-8, according to the authorities. At the same time, Bucharest exceeded the absolute maximum levels of rain for October. “Between October 5–8, 2025, Romania was affected by the Mediterranean cyclone Barbara, which formed over the Ionian Sea and […]
Romania is one of six European countries recently selected to develop a new artificial intelligence and supercomputing center under the EuroHPC – AI Factories program. The project, known as the AI Factory, will be Romania’s first national AI infrastructure, marking a major step toward strengthening its digital and research capabilities. The initiative will be led […]
