PM Ponta claims PDL did that ‘so that Basescu would stop reprimanding them for not doing anything’ and says complaint will be rejected PDL filed a complaint against the 2013 State Budget Law with the Constitutional Court on Friday. MP Andreea Paul, Vice President of PDL, told a press conference that, in its claim to [...]
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North Bucharest Investments closed the year 2025 with a total sales volume exceeding EUR 320 million, generated through 1,922 transactions, confirming the company’s position as a relevant player in the residential segment of northern Bucharest, in a year marked by market adjustment and maturation. The year 2025 represented a phase of business consolidation. North Bucharest […]
Romania’s hotel market is dominated by 3-star hotels, regardless of region, while the 5-star segment remains underdeveloped, except for Bucharest. Meanwhile, counties such as Cluj and Timiș offer growth prospects amid accelerated economic development and a still limited hotel stock, according to a CBRE report. According to the report, Bucharest is becoming increasingly...
President Maia Sandu said that she would personally vote for the reunification of the Republic of Moldova with Romania should a referendum be organised, arguing that it is becoming increasingly difficult for a small country like Moldova to survive as a sovereign and democratic state. However, she stressed that joining the European Union remains a […]
The past year saw solid returns for shares listed on the Bucharest Stock Exchange, and a corresponding evolution for the major exchange-traded funds, or ETFs, that track the market’s indexes. The main one on the BVB is the ETF BET Patria - Tradeville fund, managed by SAI Patria Asset Management. The ETF tracks the 20 […]
Romania’s General Inspectorate for Emergency Situations, or IGSU, announced that it will purchase 1,200 new ambulances by the end of August 2026. The purchase, estimated at RON 1.1 billion (EUR 216 million), is financed by the EU-backed Recovery and Resilience Plan. The financing contract for the purchase of the ambulances was signed a day before […]
