Romania’s Finance Ministry plans to transfer its 44.7% stake in oil refinery Rompetrol Rafinare (RRC.RO) to the privatization division of the Economy Ministry, according to a government draft decision.
Doron Steinbrecher, a 31-year-old woman with dual Israeli-Romanian citizenship, was among the three hostages released on Sunday, January 19, as a result of the agreement reached between Israel and Hamas. Aside from Doron, the other two women released on Sunday by the Palestinian terrorist group are Romi Gonen and Emily Damari. Among them, Romi also […]
Garanti BBVA Romania announced the financing of Peștera Wellness & Spa, the first 5-star hotel located in the Peștera-Padina tourist resort in Bucegi Mountains, with a loan of EUR 5 million. The bank supports Grupul Industrial Alca SRL, the company behind this investment. Peștera Wellness & Spa Hotel officially opened its doors to tourists in […]
Bucharest mayor Nicușor Dan has reaffirmed his commitment to running in the upcoming Romanian presidential elections, revealing plans to launch a donation website for his campaign in the near future. Speaking during an interview on Digi24, Dan estimated his campaign budget to be between EUR 2-3 million. The mayor also emphasized that his decision to […]
According to a study conducted by Raiffeisen Bank Romania in collaboration with Appinio, a global market research company, 3 in 10 Romanians feel Blue Monday as one of the most challenging days of the year. The main causes of emotional discomfort are cold weather, excessive holiday spending, and accumulated fatigue. Five out of ten Romanians […]
Former prime minister Victor Ponta, still a member of the Social Democratic Party (PSD) and an adviser to PM Marcel Ciolacu despite his pro-sovereignist statements, confirmed that he does not rule out entering this year's presidential race. He said, "I have no one to vote for," and indicated that the current ruling coalition has no […]
Romania’s gross domestic product (GDP) per capita, adjusted for purchasing power parity (PPP), reached 78% of the European Union average in 2023 (74% in 2022), according to data from the statistics office INS confirmed by Eurostat. Poland and Hungary followed closely, both at 77% of the EU average. The lowest GDP per capita relative to the EU average […]
