Romania's real estate market is preparing to end a "decent" year, with intense activity in the industrial sector but also with a decline in an economic dynamic and a significant decrease in investment market activity, according to real estate consultancy firm Colliers, which finds that its expectations were fulfilled.
Also, in the residential sector, sales volume in the first half of the year was in line with Colliers' anticipated trend of declining buying interest in the context of high...
Radu Jude's latest feature film, Kontinental '25, has been selected for the official competition of the 75th Berlin International Film Festival - Berlinale. A total of 19 films will compete for the Golden and Silver Bears at the event scheduled for February 13-23. "I am very pleased about the selection for the Berlin Festival's competition. […]
Romania’s Ministry of Defense will invest nearly EUR 90 million to modernize the airbase at Câmpia Turzii. The project includes a munitions and spare parts depot, among others. A public tender will be launched to build the operational area infrastructure at Barracks 1833 Câmpia Turzii (Phase II). The implementation period is set at 66 months, […]
The National Political Council of Romania's Social Democratic Party (PSD) approved on Tuesday, January 21, the candidacy of former Liberal (PNL) leader Crin Antonescu for the presidency. He is to join the race with the support of PSD, PNL, and the Democratic Alliance of Hungarians (UDMR). The PSD Congress has been scheduled for February 2 […]
Romania celebrates 166 years since the Union of the Romanian Principalities under Alexandru Ioan Cuza on Friday, January 24, which is a national holiday. To mark the special day, the railway passenger carrier CFR Călători will introduce the special Union Train "to carry the national message" from Bucharest to Iași and back. Departing from Bucharest's Gara de […]
More than half of young people in Romania express a desire to emigrate for more than six months to another country, with 8% having a very strong desire, 11% a strong desire, and 32% a moderate desire to emigrate, according to the Youth Study. Southeast Europe 2024 conducted by the Friedrich-Ebert Foundation. The data was […]
Romanian startup .lumen, which has developed glasses enhancing the mobility of the blind and visually impaired, has successfully closed a EUR 5 million investment round led by Catalyst Romania. The investment includes participation from the European Innovation Council (EIC) Fund, Sweden's Tigrim Capital, and a EUR 1 million crowdfunding component facilitated by SeedBlink, raised in […]
