Turkish investment company Ussuri Capital, with Ukraine’s Roman Kurashev as CEO and co-founding member, plans to build gradually up to EUR 700 million-800 million to develop a low-carbon flat-rolled steel plant in Romania, according to GMK Center quoting S&P Global.
In the first stage, a cold rolling mill...
Several clubs and bars in Cluj-Napoca have introduced the “Angel Shot” safety code, a discreet system designed to help women who feel threatened or in danger while out in the city’s nightlife venues, Euronews Romania reported. The measure aims to prevent harassment, assault, or drink spiking. Under the system, anyone who feels...
Romania’s National Agency for Fiscal Administration (ANAF) is preparing to seize the main residence of former president Klaus Iohannis to recover a debt of about EUR 1 million, Antena3.ro reported, as quoted by B1tv.ro. The sum stems from rent revenues that were...
Romania’s president Nicușor Dan has pledged to tackle the judiciary’s weak performance once the issue of magistrates’ pensions is resolved, G4media.ro reported. The statement has sparked debate over...
The real estate developers can charge no more than 5% of the value of a contract as payment in advance, based on a preliminary note, and will have to return the money to the customer unless it signs the contract or promissory note within 60 days due to the sole default of the developer, according […]
Romania’s public health insurance system collected an additional RON 500 million (EUR 100 million) in August–September following the implementation of the first package of fiscal reforms under Law 141/2025,
The average net wage in Romania increased by only 4.6% y/y to RON 5,499 (EUR 1,075) in the third quarter of 2025 (Q3), slowing down from +7.6% y/y in Q2 and +9.7% y/y in Q1 and a double-digit rate in 2024, according to data published by the statistics office (INS). The rising inflation, at 9.2% […]
