Romanian state-owned air carrier Tarom decided to skip purchase plans for four of the five Boeing Max aircraft contracted in 2018, rescheduled for delivery in 2026, according to Economica.net, citing a decision of the company's general shareholder meeting.
The company is also selling its holdings in DNATA Catering (where it holds 30.8%),...
Romanian developer IULIUS has begun the most extensive transformation yet of its flagship Palas Iași mixed-use complex, announcing an estimated EUR 80 million investment that will expand retail areas, increase green spaces, and introduce new leisure facilities. The company said the redevelopment will raise its total investment in downtown Iași to more than EUR 520 […]
Romanian air carrier AnimaWings will launch direct flights between Bucharest and Geneva starting March 23, 2026, becoming the only airline to operate nonstop services between the two cities, the company announced on Wednesday, September 10. The route will run three times a week, on Mondays, Wednesdays, and Fridays, using new Airbus A220-300 aircraft with 137 […]
The first edition of NOD International Literary Rights Festival, an event aiming to connect local creative industries, will bring to Brașov a host of foreign and Romanian authors between September 25 and September 28. Among the foreign authors attending the festival are lauded Russian writer Mikhail Shishkin, French novelist Mathias Énard, Swedish author and poet […]
Romania’s annual inflation rate accelerated sharply to 9.85% in August, driven by soaring electricity tariffs and higher VAT, the National Institute of Statistics (INS) said in the report released on Thursday, September 11. The figure marks a significant jump from
In September 2025, the average rent for a one-bedroom apartment in Bucharest reached EUR 494, up 10.7% y/y, according to data compiled by Ziarul Financiar in partnership with the real estate consultancy firm SVN. The highest rents are in Unirii-Victoriei area, with an average of EUR 581, while the lowest...
Romanian president Nicușor Dan said he does not yet have “a clear picture” of the events that led to the cancellation of last November’s presidential elections, but confirmed ongoing investigations and pointed to Russia’s role in hybrid warfare across Europe,
