The fall of the Ungureanu Cabinet stops the series of key interest cuts operated by BNR at 5.25 pc, Governor Mugur Isarescu confirmed. The reference exchange rate announced by the National Bank of Romania (BNR) reached a new historical peak at 4.4168 RON/EUR, up RON 0.0198 (1.98 Ban) from Monday’s level, as the RON tempered its [...]
The Romanian state will pay RON 3.75 billion (EUR 735 million, 0.18% of GDP) to the energy suppliers this year, as compensation for the electricity and natural gas delivered to residential and part of the commercial consumers at capped prices, below the average market prices, according to
The budget revenues are expected to rise this year by 11%, according to the 2026 budget plan, driven by 16% stronger VAT collection, Ziarul Financiar reported, citing the draft budget plan published by the Finance Ministry. The daily questions the optimistic assumptions of the government, on the revenues...
The Romanian software development company We As Web is accelerating the development of artificial intelligence–based services through a dedicated internal AI Lab, a strategic initiative designed to transform AI into a core organizational capability and support the delivery of complex enterprise projects. Investments in this direction have contributed to the company’s accelerated growth, with consolidated […]
Paleontologists from the University of Bucharest and Eötvös Loránd University in Budapest have discovered a new species of herbivorous dinosaur in Romania’s Hațeg Country UNESCO Global Geopark. The dinosaur, which lived around 70 million years ago, has been named Kryptohadros kallaiae. Researchers said the species was related to other dinosaurs discovered in southeastern Europe, including […]
Romania’s Supreme Council of National Defense (CSAT) is meeting Wednesday morning at Cotroceni Palace to analyze the temporary deployment of military capabilities on the country’s territory, reportedly following a request from the United States. The council will also assess the impact of recent developments in the Middle East on Romania’s oil market. According to the […]
Recommerce©, the European expert in the trade-in and refurbishment of electronic devices, primarily smartphones, unveils the results of the 4th edition of its annual survey “The Second-Hand Smartphone Market”, conducted by KANTAR across 13 European countries, including Romania. The global market for refurbished smartphones continues its strong growth. According to IDC (International Data Corporation), the […]
