The Romanian construction market started 2025 under significant pressure, mainly due to rising material costs, uncertain public investment, and new fiscal measures affecting the labor force. While the sector remains highly active, the 4% decline in 2024 vs the record 2023 signals the first signs of a slowdown, according to Colliers’ annual report.
Construction material prices have returned to 2022 record levels, while a budget deficit of nearly 9% of GDP casts doubt on the future of...
Former Romanian prime minister Călin Popescu Tăriceanu was definitively acquitted on Monday, June 2, by the High Court of Cassation and Justice in a case in which he was accused of bribery. Prosecutors at the Anti-Corruption Directorate (DNA) had claimed that he received USD 800,000 from representatives of an Austrian company in exchange for making […]
The Together for the Green Belt/Împreună pentru Centura Verde civic platform is calling on Romania’s main political parties, namely the Social Democrats (PSD), Liberals (PNL), USR, and Hungarians’s party UDMR, to include green belts in their next governing program, with a specific focus on the Bucharest-Ilfov Green Belt. The initiative is framed as a critical national […]
Dominic Fritz, mayor of the western Romanian city of Timișoara, announced his bid for the leadership of the Save Romania Union (USR) party in an internal message. In the message, Fritz says that the party must move more to the center. He cited Nicușor Dan, the founder of USR, who nearly a decade ago also […]
The home improvement products market in 2025 is undergoing notable maturation, increasingly shaping the profile of an educated, informed buyer who has concrete expectations regarding aesthetics, quality, sustainability, and functionality. According to internal analyses by key players in the real estate market such as Fabrica de Profile, Pinum, and Ambito, beyond the classic elements in […]
Inter Computer Romania, part of Inter Computer Group (ICG) – one of the largest IBM Platinum Partners in Central and Eastern Europe – celebrates one year since entering the Romanian market, with strong results and a consolidation strategy focused on future technologies. After achieving its 2024 goal of signing projects worth €3 million in just […]
Cycling enthusiasts can now register for L’Étape Romania by Tour de France, set to take place on August 31 in the heart of Bucharest. Returning for its fourth edition, the race will start from Constitutiei Square and cover some of the capital’s most iconic boulevards and landmarks, including Calea Victoriei, the Arch of Triumph, and […]
