The Romanian state owns 216 companies, which represent about 7% of the country's GDP, generated by these companies and 83,000 employees, said Mihai Calin Precup, secretary of state in the Ministry of Public Finance on Thursday, at “Roinvest”, an event organized by News.ro in partnership with Team Innovation Media and Plurivox, PR and communication agency. In the past months, the government decided to reduce the distribution of dividends to the central budget to back investments at the level of strategic companies. From among energy producing companies, he mentioned Romgaz, Nuclearelectrica and Antibiotice Iasi in the health sector, which benefited from dividend cuts from 90% to 50%, which led to a stock plus of 900 million lei for investments of those companies. “The government's role is to identify priority projects for Romania, to structure their financing and after that to leave private companies to manage and develop them. The government;s role is to make sure that the invested money had a multiplying effect, with higher impact on real economy,”the secretary of state added. He said that quality human resources are needed to get involved in national projects and in state institutions. “Roinvest”was organized by News.ro news agency, in partnership with Team Innovation Media and Plurivox PR and communication agency.
Romanian deep-tech startup .lumen, the developer of what it says are the world’s first AI-powered glasses for the blind, has secured a new investment from EIT Urban Mobility, the European innovation community focused on advancing sustainable and inclusive urban mobility solutions. The value of the new funding round was not disclosed. The investment aligns with […]
The health spending per capita in Romania was the lowest in the EU, with spending less than half the EU average in 2023, the recently released report, State of Health in the EU - Romania Country Health Profile 2025, shows. At the same time, life expectancy in Romania is 5.1 years below the EU average, […]
Romania’s annual inflation rate stood at roughly 9.8% in November 2025, similar to October, according to data published by the National Institute of Statistics (INS). Food prices increased by 7.6% last month, while services rose roughly 11% and non-food goods climbed 10.7%. The consumer price index rose by 0.42% in November compared with October, while […]
Three French soldiers deployed in Romania as part of NATO’s Multinational Battle Group at Cincu intervened to save a truck driver following a serious traffic accident on the A3 Bucharest–Ploiești motorway, the Romanian Ministry of Defense said. The incident occurred earlier this week as the soldiers were traveling toward Ploiești and witnessed the truck crash...
Eight contemporary art galleries will present the works of the artists they represent at the third edition of the Smallest Art Fair in Town, an event dedicated to works on paper. This edition showcases works “investigating the state of wandering, disorientation, and rediscovery in the face of uncertainty.” Under the title In Dark Woods, A […]
Parents everywhere are asking an important question: What skills will truly prepare a child for a world defined by rapid change, global uncertainty, and the rise of artificial intelligence? For decades, schools focused entirely on academics. Today, research from neuroscience, performance psychology, and leading universities shows a different reality: The students who thrive long-term are […]
