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Gov’t requests state companies to transfer to budget dividends not allocated to future projects

September 13, 2017

The Government has requested that all state-owned companies transfer in advance the amounts in the form of dividends not allocated for future projects, Prime Minister Mihai Tudose said on Tuesday. Quizzed, at the end of the Social Democratic Party’s (PSD) National Political Bureau (BPN), about the fact that the Energy Ministry had requested Romgaz and […]

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Bucharest events: Conductor Kent Nagano, violinist Frank Peter Zimmermann in concert opening George Enescu Philharmonic’s 2025-2026 season

The 2025-2026 symphonic season of the George Enescu Philharmonic (FGE) in Bucharest will open with two concerts led by American conductor Kent Nagano and featuring German violinist Frank Peter Zimmermann as soloist. The program includes works by Enescu, Beethoven, and Stravinsky. The concerts are scheduled for Thursday, October 2, and Friday, October 3. FGE’s chamber […]

Bulgarians and Romanians have lowest life expectancy in EU, Eurostat data shows

Romania recorded the second-lowest life expectancy in the European Union in 2024, at 76.6 years, trailing only Bulgaria at 75.9 years, according to preliminary figures released Thursday, September 11, by Eurostat, and quoted by Agerpres....

Romania’s opposition party AUR leads with 40.8% in latest INSCOP poll

Far-right, opposition party AUR (the Alliance for the Union of Romanians) continues to dominate voter preferences for the parliamentary elections in Romania, securing 40.8% support in the latest INSCOP Research – Informat.ro Barometer conducted between September 1 and 9. The party’s strong showing underscores the deepening polarization of Romanian politics, with nearly half of voters […]

Vastint Romania launches Ready Flex Space to meet rising demand for flexible offices

Vastint Romania has introduced Ready Flex Space, a new concept offering fully furnished, independent office modules on short-term leases, as demand for flexibility in the workplace continues to grow. The solution, already implemented at Business Garden Bucharest, spans 2,321 sqm divided into nine separate units ranging from 124 to 416 sqm. Eight of the units […]

Cushman & Wakefield: Romania’s hotel market beats expectations in H1 2025

Romania’s hotel sector outperformed forecasts in the first half of 2025, posting solid gains in occupancy and revenues that boosted its appeal for investors across Central and Eastern Europe (CEE), Cushman & Wakefield Echinox said in a report. Hotel occupancy in Romania rose by 4% in January–June compared with the same period last year, while […]

IULIUS launches EUR 80 mln revamp of Palas Iași, expanding retail and green spaces

Romanian developer IULIUS has begun the most extensive transformation yet of its flagship Palas Iași mixed-use complex, announcing an estimated EUR 80 million investment that will expand retail areas, increase green spaces, and introduce new leisure facilities. The company said the redevelopment will raise its total investment in downtown Iași to more than EUR 520 […]