With a GDP growth of 4.2 percent in the Q1 this year compared to the same period last year, Romania registered the highest year-on-year economic growth rhythm among the 28 member states of the European Union, according to Eurostat. GDP grew by 4.3 percent year-on-year as a gross series in the first three months of […]
Retailer Pepco Romania has appointed Raul Ciungu Iordate as Head of Operations. With over 16 years of experience in the retail industry, he has held leadership positions in operations management, human resources, compliance, and project management. Raul Ciungu takes over the role from Bogdan Grigoriu, who was recently promoted to Regional Operations Director for Pepco […]
The Romanian Diaspora Funding Network (RDFN), a philanthropic network comprising diaspora groups from Europe and the U.S, has launched a fundraising initiative aimed at supporting three civic organizations working to promote a transparent and accountable electoral process in Romania's upcoming presidential elections. The three organizations are Funky Citizens, Rădăuțiul Civic, and Declic. The three will […]
BYD, a major carmaker of electric vehicles and a challenger to the US-based Tesla, is preparing to enter Romania and has already recruited a Romanian, Andrei Duică, to lead operations. The company headquartered in Shenzhen, Guangdong province, will have a representative office in Romania starting in April 2025, with 20 car dealerships and 7 electric and […]
Romania remains a fantastic investment destination and the balance of foreign direct investment reflects this, Alexandru Nazare, the president of Paneuropean Union Romania, argued. Nazare, who is also a member of the Board of Directors of the National Bank of Romania (BNR), served as the finance minister in the government of Florin Cîțu. “Romania remains […]
The Romanian Presidential Administration, currently under interim president Ilie Bolojan, has declassified and made public the costs incurred for the flights taken by former president Klaus Iohannis from January 2015 to February 2025, the time he was in office. Iohannis undertook a total of 193 official trips during his mandate, amounting to approximately 450 flights, […]
The Venice Commission, in the plenary session from March 13 to 15, has formally adopted its final report on the annulment of Romania's presidential elections, concluding that such a decision should only be taken in "extraordinary situations" in compliance with several principles and should preserve the electorate's right to free elections. The...
