TUI and ITS, two of the world's largest travel companies, intend to stop bringing tourists to Romania starting next year, unhappy with the absence of promotion on the German market and Romania's foreign profile.
Alka Trading, one of Romania’s leading snack producers, has allocated an investment budget of RON 98 million (EUR 20 million) for 2025, marking a twofold increase over the previous year, the company told Ziarul Financiar for the upcoming 20th edition of The Biggest Players in the Economy...
The European Commission's science service has revised upwards its wheat yield forecasts for the second month in a row compared to last month's estimates. Farmers could obtain an average of 4.97 tonnes per hectare, 21% above the five-year average and 8% above the results in 2024. Romania would have the highest increase in Europe compared […]
Romania's state forecasting body, CNP, has revised its projection for this year's economic growth from 2.5% included in the 2025 budget planning to 1.4% under the Spring Forecast. Even under the revised forecast, the country's economy would gain momentum compared to the slim 0.8% advance in 2024. The economic growth is expected to strengthen to […]
Romania’s Treasury has increased the yield for the 7-year bonds issued to households and denominated in euros in June by 25 basis points (bp) to 6.50% and the yield for the similar bonds with 3-year maturity by only 5 bp to 3.90%, Ziarul Financiar reported. It also launched a new maturity...
The famous Praid Salt Mine in Harghita county is facing a risk of collapse after recent flooding caused severe water infiltration, compromising the structural integrity of the old mine ceiling. A technical assessment carried out by experts at the request of the Ministry of Economy confirmed significant damage, prompting authorities to implement emergency measures to […]
President Nicusor Dan will participate on Monday in the B9 and Nordic Summit, which will take place in Vilnius, Lithuania, this being his first foreign trip as head of state.According to the Presidential Administration, Nicusor Dan will reaffirm, within the B9 Summit in Vilnius, Romania's commitment to strengthening NATO at all levels and the […]
