Romania’s construction works index plunged by 14.8% y/y in January, and, in seasonally and workday adjusted terms, it reached the lowest value in more than four years, according to data published by the statistics office INS.
The unusual and unexpected strong contraction was not anticipated by factors like adverse weather or a sharp increase in the price of inputs.
The plunge concentrated in the segments of residential construction works (-53.1% y/y) by type of project and...
Romania and Serbia Take an Important Step Toward Closer Energy Cooperation Romanian Prime Minister Ilie Bolojan met today at Victoria Palace with Dubravka Đedović Handanović, Serbia’s Minister of Mining and Energy, to discuss bilateral cooperation in the energy sector and opportunities to develop joint projects aimed at strengthening the energy...
The Armenian Street Festival (Festivalul Strada Armenească) will return to Bucharest's Botanical Garden from July 31 to August 2, celebrating its 10th edition with concerts, exhibitions, workshops, traditional crafts, and Armenian cuisine. Admission to the festival is free, while visitors will need to purchase a standard Botanical Garden entrance ticket. Organized by the Union of […]
An aviation show and a music event raising funds for a Bucharest hospital are on the agenda in the capital. Electric Castle brings The Cure and
The Sky Comes Closer to the Public: Aviation Photography Exhibition at ParkLake Shopping Center Bucharest Celebrates Romanian Aviation and Air Force Day On the occasion of Romanian Aviation and Air Force Day, the We Love Aviation Association (Asociația Iubim Aviația) is organizing, for the second consecutive year, the photography exhibition...
Ministry of Finance Officials Discuss Fiscal Consolidation Progress and Romania’s Economic Outlook with Fitch Ratings Representatives of Romania’s Ministry of Finance took part today, 14 July 2026, in technical discussions with specialists from Fitch Ratings as part of the agency’s sovereign credit rating review process for Romania. The meeting was......
Roxana Mînzatu Announces Funding for Six Pilot Projects Under the Future European Workers’ Skills Guarantee. Romania Involved in Two Initiatives European Commission Executive Vice-President Roxana Mînzatu has announced the approval of funding for six pilot projects that will lay the foundation for the future European Workers’ Skills Guarantee, a new......
