In 2018, more than 20,000 people interested in personal and professional development visited OK Center, the first non-formal financial education centre in Romania, the number surpassing the initial estimates of 10,000 visitors in a year. OK Center is the initiative of OTP Bank Romania and the Right to Education Foundation...
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Production volumes fall at quickest rate on record (since July 2023) Softer drop in new orders signaled Sharp decrease in purchasing activity supports stock reduction The latest BCR PMI® data showed the decline in the Romanian manufacturing sector deepening. Operating conditions deteriorated to the largest extent across the survey history to-date in January, with the […]
Romanian finance minister Tanczos Barna recently stated that the government will regulate the local cryptocurrency market, forcing all companies to obtain an authorization to operate. Barna admitted that at the moment the state does not know the real size of the cryptocurrency market in Romania. “We will have a real dimension after we require all […]
Romanian president Klaus Iohannis has reiterated that he will not resign, dismissing calls for his departure as "populist rhetoric." He emphasized that his mandate is based on the Constitution and that he will continue to serve until a new president is elected. "I believe this is a topic raised for populist reasons. We operate according to […]
Horeca Trading Distribution (HTD Shop), a key player in the retail and distribution market, targets EUR 1.5 million mln in revenue for 2025, an increase of about 60% compared to the 950,000 euros reached in 2024. At the same time, the company strengthens its presence on the markets of Bulgaria and Hungary and expands to […]
The Free Subway Union (USLM), which reunites the Bucharest subway employees, initiated a Japanese-style strike on Monday, February 3, to raise awareness of the staff shortage impacting their work. If no agreement is reached with the government, they plan a general strike starting February 10. The strike comes after the government began a cost-cutting campaign aimed […]
Roughly 1.17 million Romanian tourists visited Turkey between January and December 2024, an increase of 18.52% compared to 2023 (990,005), according to data from the Turkish Ministry of Culture and Tourism. Overall, the same source said, 2024 has been Turkey's most successful year in tourism. By the end of 2024, Turkey also hosted 329,796 tourists […]
