The national currency appreciated on Thursday in relation to the euro, which was calculated by the National Bank of Romania (BNR) at 4.9736 RON, down 0.02 RON compared to the previous quote of 4.9738 RON.Instead, the RON lost ground against the US dollar, which was quoted at 4.8269 RON, up by 0.52 RON (0.11%), compared to Wednesday, when it stood at 4.8217 RON.The national currency also depreciated in relation to the Swiss franc, calculated by the BNR at 5.2922 RON, up by 0.6 RON (0.11%), compared to 5.2862 RON, the previous quote.The gold gram rose in price on Thursday, up to the value of 414.0962 RON, from 411.4200 RON, in the previous session.
Costin Șerban, a Romanian entrepreneur, is digitalizing the construction sector in the United Kingdom with an ERP (enterprise resource planning) solution developed over 12 years and an investment of GBP 1.6 million (EUR 1.86 million). Șerban’s cloud-based ERP platform is called Abilo, was developed by the Romanian IT company Obi Systems, and is dedicated to […]
Border checks between Bulgaria and Romania have officially been lifted on July 1, as part of the implementation of the Schengen Agreement. The lifting marks the end of the transitional period of heightened control at the internal border, which had remained in place for six months following their accession to the Schengen area by land […]
Remus Vulpescu became CEO of the Bucharest Stock Exchange (BVB) on Tuesday, July 1, taking over from Adrian Tănase as the stock exchange grapples with a market dominated by government bonds. Vulpescu, 53, is a graduate in political and legal sciences from the University of Bucharest and holder of an EMBA obtained in 2017. He […]
The government has officially included green belts in its 2025-2028 governing program, marking a significant step forward in the country's environmental policies, the Împreună pentru Centura Verde/Together for the Green Belt civic platform announced, further stressing the need for real progress. Its representatives have been advocating for the national adoption of green belts as a […]
The well-known bookstore chain Cărturești is set to open Romania’s largest bookstore as part of an innovative edutainment concept within the expansive RIVUS project in Cluj-Napoca. The new store, spanning 2,500 square meters over two floors, will combine a broad selection of books in Romanian, Hungarian, and English with stationery, home décor, toys, and gifts, […]
The last 18 km of the A0 southern half-ring, which circles the lower part of Bucharest, were officially opened for traffic on Monday, June 30. Authorities are hopeful that it will lead to less congestion in the city. By opening this lot, drivers will be able to completely avoid Bucharest’s Ring Road, a single-lane-per-direction road […]
