Several film festivals are happening in Bucharest, alongside a coffee culture festival, concerts, and exhibitions.
The stock of non-government bank loans in Romania increased by 0.6% m/m and 5.4% y/y to RON 384.2 billion (EUR 77 billion) at the end of November.
The annual growth rate, dragged down by more cautious household borrowing and moderate corporate lending, remained inferior to consumer price inflation (+6.7% y/y in November) and to the 13% nominal advance estimated for Romania’s GDP in 2023 compared to 2022.
Thus, the bank loans-to-GDP ratio decreased to 24.3% at the end of November...
Several film festivals are happening in Bucharest, alongside a coffee culture festival, concerts, and exhibitions.
La French Tech Bucharest announces the third edition of its highly anticipated flagship event, Sustainability meets Profitability, set to take place on April 8th, 2025, at the Romanian - American University (1B Expoziției Boulevard, Bucharest), starting at 18:30. Sustainability meets Profitability event will explore the new regulations companies—big or small—must navigate and how they can turn […]
The builders of Romania’s important A1 Sibiu – Pitești highway are set to start the construction of a bridge over 300 meters long and at least 100 meters wide, allowing the animals of the Southern Carpathians to cross from one side to the other. The investment will pay off as a corridor for large mammals […]
The local business services industry has potential for growth, even if it will see a slower pace because the market is a mature one and given the high regional and global competitiveness, according to a report carried out by the Association of Business Service Leaders in Romania (ABSL) in partnership with Deloitte Romania. Still, the […]
Several Romanian military personnel who were on parental leave went to Congo as mercenaries, according to a statement from the Ministry of National Defense. The issue of active soldiers taking mercenary work first came up on the public agenda after PressOne...
The European Investment Bank and the government of Ukraine have agreed to allocate EUR 50 million from EIB funding to Ukraine's national railway company, Ukrzaliznytsia, for the modernization of key railway border crossings with Poland, Slovakia, Hungary, and Romania. The project includes repairs to worn-out railway tracks, the relocation of wagon inspections, the reconstruction of […]