The arrears of the consolidated general budget decreased 0.29% in November 2024, compared to the previous month, reaching 595.5 million lei, down from 597.2 million lei in October, according to data published on the Ministry of Finance (MF) website. Arrears over 90 days increased 9.5%, from 166 million lei to 181.8 million lei, while arrears over 120 days decreased 3.14%, from 332 million lei in October 2024 to 321.6 million lei in November 2024. Arrears over 360 days saw a decline of 7.16%, from 99.2 million lei to 92.1 million lei.According to the quoted source, regarding local budgets, arrears went up 0.29%, from 548.7 million lei (in October 2024) to 550.3 million lei (in November 2024).Arrears over 90 days grew 12.78%, to 158.8 million lei, arrears over 120 days dropped 3.11%, to 311.8 million lei, and arrears greater than 360 days reduced 7.32%, to 79.8 million lei.Regarding the "State Budget and Autonomous Bodies" section, arrears decreased from 48.5 million lei in October 2024 to 45.5 million lei in November (-6.19%).Arrears over 90 days decreased by 6.35%, to 23.6 million lei. Those over 120 days decreased 5.89%, to 9.6 million lei, and those over 360 days decreased to 12.3 million lei (down 5.39%).
Romania’s green startup ecosystem is gaining more and more momentum, driven by a skilled workforce, reforms aligned with EU policies, and the climate emergency, according to a report prepared by Startarium and Impact Hub Bucharest. In 2024, there were over 2,300 startups in Romania, with a total estimated value of approximately EUR 19 billion. Romania […]
The global IT hub established by JTI in Romania has expanded from 140 employees at the beginning of the year to 170 currently, and is set to exceed 200 by the end of 2025. Located in Bucharest, the hub is one of JTI's six technology centers worldwide. The experts in Bucharest provide Digital and IT […]
French-born virtual reality esports center EVA VR has recently opened its Bucharest location, promising a realistic and immersive combat esports experience suitable for corporate team-building events, birthday parties, and various other events. Inaugurated on June 7, the new location is part of an international network, Esports Virtual Arenas, which was established roughly 5 years ago. […]
Investment group ROCA acquired a 20% minority stake in the Adrem energy group, following approval from the Romanian Competition Council. Announced on Tuesday, August 12, the transaction will support Adrem’s strategic development and scaling plans. The investments will be primarily directed towards the expansion and diversification of EPC (Engineering, Procurement, and Construction) projects, the development […]
Romanian students spend an average of 13 hours a week on homework, almost twice as much as their peers in Nordic countries, according to data from the OECD’s PISA 2022 study, quoted by ParentED. Finland ranks at the bottom in Europe with just six hours per week, while countries such as Switzerland, Denmark, and the […]
Three foreign citizens suspected of stealing jewelry and other goods during the Untold Festival in Cluj-Napoca were caught by Romanian police officers at the airport. The three, two men and one woman, all between the ages of 30 and 46, were detained while attempting to fly to Barcelona. Police from the Cluj-Napoca Criminal Investigations Bureau […]
