The gold gram went up in price on Wednesday by 4.7284 lei (1.21%) getting to a quotation of 393.9593 lei from 389.2309 lei as they announced on Tuesday the National Bank of Romania (BNR), having a new record value.The national currency depreciated on Wednesday by comparison to the euro which was calculated by the BNR at 4.9758 lei up by 0.03 bani (0.01%) against the previous quotation, of 4.9755 lei.The leu lost ground against the American dollar, which was quoted at 4.5675 lei up by 0.72 bani (0.16%) as compared to Tuesday, when it was situated at 4.5603 lei.The national currency was depreciated against the Swiss Franc, calculated by BNR at 5.3002 lei, up by 0.51 bani (0.10%) against 5.2951 lei, the previous quotation.
The Holland & Barrett brand, a British chain of stores specializing in dietary supplements and vegan food and one of the largest companies in the health and wellness sector in Europe, is preparing to open its first own stores in Romania. The chain will enter the local market through the Greek company Fourlis, which also […]
Archaeologists from the Buzău County Museum, in southern Romania, have discovered 31 human settlements on the construction site of a wind farm. The region where the settlements were discovered was chosen for a new wind farm because of its favorable meteorological conditions, and annual tests were conducted as early as 2010. Construction work began in […]
Romania has become the EU country with the highest unemployment rate among young people under 25 (26.3%), according to official Eurostat data published in December 2024 and analyzed by the Social Monitor, a project of the Friedrich Ebert Foundation Romania. Thus, Romania surpassed states such as Spain and Greece, where youth unemployment has always been […]
In its half-year report for the second half of 2024, TikTok said it blocked 33,000 spam accounts in Romania and nearly 100,000 fake accounts. It highlighted its intense activity in blocking fraudulent activity related to Romania, particularly during the electoral campaign, indirectly admitting the...
Moldovan president Maia Sandu has acknowledged that some local entrepreneurs are transferring capital to Romania due to its stability as a European Union and NATO member state. Speaking about the country's economic stagnation in 2024, when GDP grew by only 0.1%, and the technical recession in the second half of the year, Sandu highlighted concerns […]
Battery Energy Storage Systems (BESS) are set to become a central component of Romania's power system, according to Oxford-based Aurora Energy Research, whose analysts see investments in Romania's BESS totaling several gigawatts of capacity and several billion euros over the next decade. Aurora pointed to both the opportunities and the risks and uncertainties associated with […]
