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Budget Deficit Already At 2% After Q1, 2024
Government budget spending increased by 23% to RON168 billion in the first quarter of 2024, data on the execution of the general consolidated budget of Romania released by the Finance Ministry (...)
Apr 26, 2024
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Nearly one-third of working-age Romanians not working
Romania registered the third lowest employment rate in the EU in 2023, following Italy and Greece, according to recent Eurostat data. Only 69% of Romanians aged between 20 and 64 are employed, (...)
Apr 26, 2024
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Romanian police investigating case of 6-year-old boy allegedly sold in Germany
Authorities are looking into the case of a Romanian minor who was allegedly sold for RON 8,000 (EUR 1,600) and arrived in Germany with false documents. Romanian authorities were notified by (...)
Apr 26, 2024
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Oil Terminal Shareholders Approve RON9.6M Dividends From 2023 Net Profit
Romanian state-run port operator Oil Terminal (OIL.RO) has announced in a stock market report that its shareholders approved in their ordinary general meeting of April 26 the distribution of (...)
Apr 26, 2024
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Conpet Shareholders Approve RON58M Dividends, With 7.72% Yield
The shareholders of Romanian state-owned oil transporter Conpet Ploiesti (COTE.RO) approved in their ordinary general meeting of April 25 the distribution of RON58.7 million as dividends owed to (...)
Apr 26, 2024
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Colliers: 18% more residential properties sold in Bucharest in Q1, buying intentions remain high
The residential market had a strong start in 2024, with the first quarter ending with an 18% increase in the number of residential transactions in Bucharest compared to the same period last (...)
Apr 26, 2024
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Sonja Wehsely, executive vice president CEECA Siemens Healthineers: The MAGNETOM Flow is the first plug-and-play 1,5T MRI scanner ever and can improve access to healthcare
Siemens Healthineers, the medical technology branch of the German multinational, recently launched its newest MRI scanner, the MAGNETOM Flow, during an event held in Bucharest on April 24. (...)
Apr 26, 2024
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Former Romanian president, PM investigated for crimes against humanity in 1990 miners’ riot case
The Romanian General Prosecutor's Office officially announced the indictment of former president Ion Iliescu, former prime minister Petre Roman, and former deputy prime minister Gelu-Voican (...)
Apr 26, 2024
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Uber Green arrives in Romania’s Bra?ov
Uber launched its Green service in the popular mountain city of Bra?ov, in central Romania, on April 25, with a fleet of environmentally friendly vehicles such as Toyota Prius, Hyundai Ioniq, (...)
Apr 26, 2024
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Romania signs joint declaration calling for the release of all hostages held by Hamas in Gaza
State leaders from Romania, Argentina, Austria, Brazil, Bulgaria, Canada, Colombia, Denmark, France, Germany, Hungary, Poland, Portugal, Serbia, Spain, Thailand, the United Kingdom, and the (...)
Apr 26, 2024
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Save the Children: 45% of births to mothers aged under 15 in the EU are from Romania
Almost half (45%) of births to mothers under the age of 15 in the European Union (EU) states come from Romania, where one in ten newborns has a teenage mother, according to a recent study by (...)
Apr 26, 2024
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Romgaz Approves RON524M Dividends from 2023 Profit
Romania’s state-owned natural gas producer Romgaz has informed the capital market about its shareholders’ decision to distribute 20% of 2023 net profit under the form of dividends.
Apr 26, 2024
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CFA Analysts Forecast 2.7% Economic Growth, 5.4% Budgetary Gap in 2024. Inflation Expected to Average 5.33%, Leu to Reach 5.0419 Units/Euro in Next 12 Months
Financial analysts part of CFA Romania association estimate the Romanian currency will decline to an average exchange rate of 5.0419 units/Euro in the next 12 months, while the inflation rate (...)
Apr 26, 2024
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Bucharest District 1 mayor indicted for appointing herself as manager in project
The mayor of Bucharest’s District 1, Clotilde Armand, is facing serious legal implications after she was indicted. Prosecutors have accused her of self-appointing as the manager of an (...)
Apr 26, 2024
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