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IMF: We encourage the Government to continue effort for restructuring energy sector

June 4, 2013

The liberalisation of energy prices will improve available resources for investment at a national level, which, combined, will create more jobs, says Erik de Vrijer, the chief of the IMF mission for Romania, and John Ralyea, lead economist with the IMF team for Romania. ‘An important thing is that the reform will also generate a [...]

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Little London International Academy boosts high school capacity by 30% for the 2025-2026 academic year with a EUR 3 mln expansion project

“Little London” Theoretical High School, a private educational institution in Romania that values the Romanian educational system, has started construction work for the expansion of its school campus located in Voluntari, on Erou Iancu Nicolae Street. This initiative will increase high school capacity by 30% starting from the 2025-2026 academic year. In this context, the […]

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Three out of four Romanians believe Ukraine war greatly impacts Romania, survey shows

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Romanian investor reportedly buys Bucharest’s emblematic Scala building

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Bucharest Parking Company reports strong results, adds over 12,400 new parking spaces in H1

The Bucharest Municipal Parking Company (CMPB) inaugurated 189 new parking facilities with more than 12,400 spaces in the first half of 2025, while revenues from parking fees rose 20% year-on-year to RON 50.4 million (roughly EUR 10 million), the company said on Thursday, September 18.  CMPB reported a net profit of RON 28.3 million for January–June […]

Romanian project creates seagrass meadows, artificial reefs in the Black Sea

Romania has inaugurated underwater seagrass meadows and artificial reefs in the Black Sea as part of a major restoration project aimed at curbing erosion and reviving marine biodiversity, the National Administration “Apele Române” said. More than 20 hectares of seabed have already been planted with Zostera noltii seagrass and transplanted with Cystoseira barbata seaweed, creating […]