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 medieval fortress of Orăștie, in western Romania, was reopened on Monday, August 18, to the general public, after several years in which it underwent a process of conservation and restoration. The fortress, located in Hunedoara County, is now part of the local tourist attractions in the Mureș Valley. “We are inaugurating an important project […]
The famous Babele Cabin, located at an altitude of 2,206 meters on the Bucegi plateau near the Sphinx and Babele formations, was put up for sale for EUR 1.6 million. Built in 1970, the building is in an advanced state of degradation and requires renovation. It has a total of 20 rooms and over 1,760 […]
One of Bucharest’s most popular summer events is back as Cinema în Aer Liber kicks off its 2025 edition on the Insula Artelor in Titan Park. Running from August 19 to September 14, the festival will transform the island into an open-air movie theater, offering audiences four weeks of free evening screenings. This year’s lineup […]
Maria Dănilă, from Constanta, is the first woman in Romania to climb the K2 peak, in the Karakoram mountain range on the border between China and Pakistan. With this climb, she completed the list of the highest peaks in the world, according to Protv.ro. K2 is not only the second-highest peak...
More than 65% of 12th grade graduates from private schools with a dual curriculum in Romania (Class of 2024–2025) have been admitted to prestigious international universities in Europe, the United Kingdom and the United States, according to a study conducted by the Romania Education Alliance (REA) – the first national network bringing together high-performing private […]
Romania’s Ministry of Energy published on Monday, August 18, an ordinance designed to establish a Cybersecurity Incident Response Center in Energy. The new center will prepare the country’s energy sector to face expected and complex cyber threats, according to its initiators. The authors of the project say that the liberalization of the national energy market, […]
