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Lottery draws cancelled for the first time in 109 years of history, Romanian Lottery’s contracts under scrutiny

January 5, 2015

The Romanian Lottery has cancelled the draws scheduled on Sunday, January 4, and Thursday, January 8, because it no longer has a contract with Greece’s Intralot, the company that handles the IT programs used for the draws. This is the first time in the Romanian Lottery’s 109-year-old history when a draw is cancelled. “This company’s [...]

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ECOFIN approves Romania's 7-year fiscal plan but EC expects specific tax reforms

Romania's budgetary-structural plan was approved by the ECOFIN Council on January 21, alongside similar plans for 20 other EU member states, minister of investments and European projects Marcel Boloș announced on Facebook.  Romania's budget deficit hit 8.6% of GDP in 2024, nearly three times the 3% upper limit, in the fourth year...

Otilia Bordei, Roxana Ilie and Louis Juhel, a team of professionals with over 30 years of combined experience in the real estate market, are launching TREEE

Otilia Bordei, Roxana Ilie and Louis Juhel, a team of three seasoned experts with over 30 years of combined experience in the real estate market, are launching TREEE, a consulting company specialized in identifying and brokering office spaces. TREEE is dedicated to supporting companies in finding sustainable office solutions, thereby contributing to achieving environmental, social […]

Romanian airports see more than 26 million passengers in 2024

A total of 26,033,372 passengers transited Romanian airports last year, a 6% increase compared to 2023, according to data from the Romanian Airports Association (AAR). The number of passengers traveling to international destinations increased by 7% compared to the previous year, while the number of passengers on domestic flights decreased...

Romanian car market registers sharpest decrease in new fully electric vehicles in 2024

Romania saw the largest percentage decrease in new fully electric cars registered in 2024, a nearly 33% drop, according to data from the European Automobile Manufacturers Association. Fully electric cars represented 10.1% of new cars sold in Romania in 2023. Last year, the figure dropped to 6.5%. Across Europe, 1.44 million new fully electric cars […]

ECHR rejects Călin Georgescu’s request to suspend Romanian top court’s decision to cancel presidential elections

The European Court of Human Rights (ECHR) decided on Tuesday, January 21, not to issue an interim measure in the case in which Călin Georgescu appealed the Romanian Constitutional Court’s decision to annul the 2024 presidential elections. The former candidate had requested that interim measures be given, indicating, in particular, that the top...

Romania's Nădlac Salami begins registration process for European quality system

The Nădlac Salami, a traditional product from Arad county in western Romania, made using a recipe passed down through generations, has entered the registration process for a European quality system.  The Nădlac Salami, traditionally part of the summer diet, is still made following ancestral tradition, according to Romania’s Ministry of Agriculture. The institution announced the […]