The average wealth of a Romanian rose by around 12% on the year to $13,987 in 2011, ranking the country 59th in a global chart by investment bank Credit Suisse AG.
The office market has shown resilience and growing traction in the first half of 2025, with companies leasing office spaces for more than 7,000 new employees. According to Cushman & Wakefield Echinox’s latest Office Marketbeat Q2 2025 report, over 340,000 employees are now working in modern A and B Class office buildings in the capital, […]
A new cultural project is set to come to life in the Romanian village of Săliștea, in the commune of Mălaia, Vâlcea county. ISVOR, a cultural association known for its work in rural arts education, has announced the launch of Muzeul Fluierelor Lumii/The Museum of the World's Whistles, a unique initiative focused on preserving and […]
The United States Department of State, equivalent to a Foreign Ministry, published a report on the human rights situation in Romania in 2024 on Tuesday, August 12, highlighting the annulment of the first round of last year’s presidential elections. The report notes that the measure...
In 2024, Romania recorded the lowest employment rate among recent graduates in the European Union, according to data from Eurostat, the European statistics office. With smaller generations reaching university-age at this moment, Romanian higher education institutions are competing for candidates, but they apparently fail to adjust their curricula to the market’s needs. According to European […]
The company Titluri Quality, which owns the Mediafax.ro platform and the Mediafax news and image agency, announced the signing of the contract for the full acquisition of the G4Media group, developed around the news website with the same name. All publications in the G4Media group will retain their management teams and editorial independence, G4Media announced, […]
Finance minister Alexandru Nazare has instructed the Romanian tax authority (ANAF) to conduct integrity checks on large companies with persistent delays in tax payments and suspected fraud, as reported by Ziarul Financiar. Among the companies targeted is a major local tobacco producer, which...
