In 2023, Bucharest is on the 8th place in the list of the most crowded cities in the world, according to the annual index conducted by the manufacturer of GPS systems Tomtom. In Europe, we are in 4th place. Last year, the people of Bucharest lost 150 more hours in traffic due to congestion, the average travel speed at peak hour being about 17 km/hour. The congestion level was around 55%, according to the cited source. Compared to 2022, the city is more congested, with the time required to travel a distance of 10 km increasing by 20 seconds to 27 minutes and 40 seconds. In 2022, we were 7th in this list, and in 2021, we were 8th. The most congested day in 2023 was November 28 when it took 36 minutes and 50 seconds to travel a distance of 10 km. Due to the crowding at peak hours, the people of Bucharest lost 150 hours more and paid almost 1,000 lei more for fuel. During the week, the greatest traffic congestion is recorded on Wednesdays, between 17.00 and 18.00, when a distance of 10 km is covered in about 41 minutes on average. Top most crowded cities in the world London Dublin Toronto Milan Lima Bengaluru Pune Bucharest Manila Brussels
Romanians are worse off now compared to 6 months ago, and 2026 will also be difficult, but from 2027 and then on, there is hope, said president Nicusor Dan during an interview with Romania TV. The government targets a deficit of 8.4% of GDP this year, marginally below 8.65% of GDP in 2024. To tackle […]
Imran Vilcassim, Chief Commercial Officer, Digital Platforms at BPC, explores how Romania’s booming digital payments outpace merchant readiness and why mobile POS is emerging as the practical solution. Romania’s digital payments volumes are rising fast, but merchant infrastructure isn’t keeping up. Independent market models estimate total digital payments will reach nearly
The attributes needed to reach the top of the business hierarchy, how to motivate and support the teams one works with, and how to tackle the unavoidable challenges that arise along the way were among the topics discussed at the event Inspiring Women in Business, organized by La French Tech Bucharest. Making it to a […]
More than half of the elderly people in urban areas in Romania face loneliness, and almost 310,000 of them experience it at a high level, according to a study conducted by the Association Never Alone, Friends of the Elderly, in partnership with Kantar Romania. The study, carried out in August 2025 on a representative sample […]
Square 7, part of retail park investor M Core, officially inaugurated its new Bucharest office last week, marking an important milestone for the company. More than 150 guests joined the event, including partners, collaborators, and team members. M Core is a family of property investment and management companies comprising LCP, Sheet Anchor, Proudreed, and Sheet […]
Real estate developer Hagag Europe Development has expanded its Romanian operations into the energy sector with the acquisition of BTD Distribuție și Furnizare, a local company specializing in natural gas infrastructure, distribution, and supply. The company has opened a new local division - Hagag Energy - and announced plans to invest more than EUR 400 […]
