KOTRA Bucharest, the Commercial Section of the Korean Embassy in Romania is a governmental agency with the main purpose to promote Korean SMEs in Romania and facilitate the trade between the two countries. KOTRA takes also active roles in developing the technological knowledge share between Korean and Romanian companies, business men, government officials and local […]
Lower electricity production amid slightly higher domestic demand and the reliance on intermittent renewable resources led to increasingly more situations when Romania imports electricity at the maximum capacity of its interconnectors, although the net electricity deficit is in the range of only some 3% of total consumption. The power storage capacities can smooth supply and […]
Romania's economy increased by 1.1% y/y in Q3, disappointing many analysts and bringing the ytd growth rate to only 0.9% y/y in January-September, according to flash estimate data published by the statistics office INS. A Bloomberg survey indicated expectations for 1.6% y/y growth in Q3. Agriculture adds to the long list of economic sectors that dragged […]
Two other Romanian citizens have been confirmed dead after the devastating floods that hit the Valencia region roughly two weeks ago. According to the Ministry of Foreign Affairs (MAE), this brings the total number of Romanian casualties to nine. All those previously reported missing have now been found safe. “The representatives of the Romanian Consulate […]
The demand for logistics and industrial spaces reached 575,000 sqm during the first 9 months of this year, a decrease of 20% compared with the same period of 2023, according to a report by real estate consulting company Cushman & Wakefield Echinox. The figures for Q3 2024 reveal that 164,000 square meters were contracted, a […]
Dutch classical music star André Rieu will return to Romania for two concerts at BTarena in Cluj-Napoca on November 13 and 14, 2025. Rieu’s concerts in Romania, where he enjoys a high degree of popularity, have set multiple attendance records. In 2015 and 2016, he performed nine sold-out shows in Bucharest’s Constitution Square for over […]
Till Lindemann, the frontman of famous German rock band Rammstein, will embark on his "Meine Welt" tour across European arenas in the fall of 2025. Among his stops he is scheduled to perform in Romania on December 4, 2025, at Romexpo in Bucharest, as announced on his official website. The "Meine Welt" tour will take […]
