*This interview was edited by Romania Insider for Auchan Romania.
Conform sondajului INSCOP Research realizat la nivelul Municipiului București în perioada 2-3 decembrie 2025, la comanda Informat.ro, lupta pentru Primăria Generală a Capitalei se anunță una strânsă. Estimare participare vot Capitală Pe o scară de la 1 la 10, în care 1 înseamnă că ”sigur nu” vor merge la vot și 10 ”sigur da” vor merge la […]
Articolul Alegerile pentru Primăria Generală a Capitalei, marcate de o luptă strânsă a fost publicat prima dată în Curierul National.
Președintele Chinei, Xi Jinping, și președintele Franței, Emmanuel Macron, au avut joi o întâlnire cu presa, după convorbirile oficiale derulate la Beijing. Xi a declarat că dialogul cu președintele Macron a fost prietenos, sincer și s-a încheiat cu rezultate bogate. Ambele părți sunt de acord că China și Franța, în calitate de mari puteri independente, […]
Articolul Declarații comune Xi Jinping – Emmanuel Macron a fost publicat prima dată în Curierul National.
Cea de-a șaptea ediție a Festivalului Internațional de Film din Hainan, organizată de China Media Group și Guvernul provinciei Hainan, se desfășoară în perioada 3-9 Decembrie pe Insula Phoenix din Sanya. Evenimentul a atras 4.564 de filme din 119 țări și regiuni, cifră record. Premiile „Nuca de cocos de aur” vor cuprinde trei secțiuni principale: […]
Articolul Festivalul Internațional de Film de la Hainan 2025 a fost publicat prima dată în Curierul National.
Premierul Japoniei, Takashi Sanae, a citat într-o sesiune plenară a Senatului de la Tokyo Declarația Comună China-Japonia din 1972, exprimând „înțelegerea și respectul” pentru poziția guvernului chinez că „Taiwanul este parte indivizibilă a teritoriului Chinei”. Purtătorul de cuvânt al ministerului chinez de Externe, Lin Jian, a declarat că relatările sunt inexacte, în condițiile în care […]
Articolul Japonia trebuie să ofere un răspuns fără echivoc în problema Taiwan a fost publicat prima dată în Curierul National.
Peng Liyuan, soția președintelui Chinei, Xi Jinping și Brigitte Macron, soția președintelui Franței, Emmanuel Macron care îl însoțește în vizita de stat în China, au vizitat joi dimineață Teatrul de Artă al Poporului din Beijing. Soțiile celor doi șefi de stat au mers împreună la Muzeul Teatrului pentru a afla istoria Teatrului de Artă al Poporului din […]
Articolul Peng Liyuan și Brigitte Macron au vizitat Teatrul de Artă al Poporului din Beijing a fost publicat prima dată în Curierul National.
Președintele rus Vladimir Putin a început o vizită de două zile în India, unde se va întâlni cu prim-ministrul Narendra Modi. Va participa la summitul anual bilateral. Vizita survine într-un moment tensionat, după ce SUA a intensificat presiunile asupra Indiei pentru a reduce importurile de petrol rusesc. India, cu o populație de aproximativ 1,4 miliarde […]
Articolul Putin în India: Vizita la Delhi, între petrol, apărare și geopolitică a fost publicat prima dată în Curierul National.
Un om de afaceri austriac, fost coproprietar al site-ului de conținut pentru adulți Pornhub, s-a adresat Departamentului Trezoreriei din SUA cu o solicitare de a cumpăra activele externe ale companiei Lukoil. Cererea intervine după ce președintele SUA, Donald Trump, a anunțat sancțiuni severe împotriva primelor două companii petroliere rusești, Rosneft și Lukoil, ca urmare a […]
Articolul Un fost bancher, care a fost coproprietar al Pornhub, vrea să cumpere activele Lukoil a fost publicat prima dată în Curierul National.
Președintele Chinei, Xi Jinping, a avut joi dimineață în Marea Sală a Poporului din Beijing convorbiri cu președintele Franței, Emmanuel Macron. Xi Jinping a afirmat în cadrul convorbirilor că China și Franța sunt forțe constructive pentru stimularea multipolarizării mondiale, precum și a unității umane și a cooperării. Schimbările majore nemaiîntâlnite în ultimul secol accelerează, omenirea este […]
Articolul Xi Jinping solicită întărirea cooperării chino-franceze în multiple domenii a fost publicat prima dată în Curierul National.
Daniel David, ministrul Educației și Cercetării, a declarat, referitor la efectele Legii Bolojan, că nu toți profesorii sunt supărați. „Am umblat prin școli și nu toți profesorii sunt supărați. Cei…
Ministerul Educației Daniel David spune că la începutul anul viitor, după ce vor fi gata standardele de evaluare și notare pentru a fi aplicate în toate școlile, „dacă eu voi…
De când norma didactică de predare a crescut, în medie, cu 2 ore, profesorilor li s-a tot repetat de către Ministrul Daniel David că va fi redusă încărcătura birocratică, dar…
Deputatul PSD Mihai Ghigiu, președintele Comisiei de Învățământ din Camera Deputaților, le-a transmis elevilor olimpici că și-ar fi dorit ca „Guvernul, nu Ministerul Educației, să-și fi asumat acel procent din…
Lucian Popa, directorul Școlii Centrale din București, a spus, referitor la măsurile din Legea Bolojan, că „avem un ministru care, din punctul meu de vedere, contribuie foarte mult în a…
Ministrul educației și cercetării, Daniel David, a declarat pentru Edupedu.ro că a invitat-o la discuții în această dimineața pe consiliera premierului Ilie Bolojan, Luciana Antoci, „fiindcă am văzut poziția publică…
Formula folosită „istoric” pentru alocarea fondurilor bugetare pentru finanțarea universităților de stat din România „este un rezultat eminamente politic și nu unul tehnic”, așa cum este în țări precum Marea…
Ionuț Moșteanu a demisionat vineri din funcția de ministru la Ministerul Apărării, potrivit unui anunț făcut de acesta pe Facebook. Demisia a venit după scandalul diplomei sale de licență, declanșat…
„Ziua Națională este a tuturor românilor, indiferent unde se află. Viitorul României este în forma unei societăți bazate pe cunoaștere, care este antidotul vremurilor noastre la atacul pseudoștiinței asupra civilizației…
Ministrul Educației și Cercetării, Daniel David, a declarat din nou că va reduce birocrația pentru profesori. „De fiecare dată când vorbesc cu profesorii mi se spune că birocrația este foarte…
„Toți cei care reprezintă România și câștigă premii trebuie să fie într-o formă sau alta onorați și vom avea grijă prin regulamentele de anul viitor, vom încerca să corectăm anul…
Ministrul Educației, Daniel David, a spus că „în 10 ani țara va arăta mult mai rău decât arată acum, sub aspectul polarizării, extremismului, conspirațiilor, scandalurilor dintre noi, dacă noi nu…
Întrebat când va primi România un răspuns din partea Comisiei Europene referitor la fondurile europene în valoare de aproximativ 60 de milioane de euro pentru bursele studenților, ministrul Educației și…
Daniel David, ministrul Educației și Cercetării, a declarat că a fost surprins că „în 2 săptămâni am reorganizat rețeaua școlară”. „Eu, totdeauna, în situații de criză, mă uit și la…
Daniel David, ministrul Educației și Cercetării, a declarat că „măsurile fiscal-bugetare au zguduit deja vechile paradigme”. Acesta a afirmat, în cadrul podcastului Lecția de azi, că „nimeni nu mai este mirat…
Președintele Nicușor Dan a declarat, miercuri, referindu-se la scandalul care a dus la demisia ministrului Apărării, Ionuț Moșteanu (USR), că „intensitatea cu care în spațiul public se blamează diferite fapte…
„O programă de limba română pentru clasa a IX-a, într-o țară în care peste 45% dintre adolescenți nu înțeleg ce citesc, nu mai poate fi o listă de autori și…
Calendarul mobilității profesorilor pentru anul școlar 2026-2027 a fost publicat în Monitorul Oficial. Este vorba despre ordinul ministrului educației și cercetării nr. 6.695 din 14 noiembrie 2025 pentru aprobarea Metodologiei-cadru…
România – țară care și-a redus masiv contribuțiile la Agenția Spațială Europeană (ESA) într-un moment în care majoritatea țărilor europene au crescut această contribuție – dorește să achite o parte…
Mesaj dur despre starea educației al Președintelui României de Ziua Națională: deși există „multe zone de excelență”, sistemul românesc de învățământ este „slab spre foarte slab” și riscă să genereze…
Într-o declarație recentă, ministrul Educației, doamna Ligia Deca / sau dl. David (în funcție de contextul actual), a afirmat: „De fiecare dată când vorbesc cu profesorii mi se spune că…
Profesorul Cătălin Stoica, cadru didactic la Școala Națională de Studii Politice și Administrative (SNSPA), a publicat vineri seara un mesaj amplu pe Facebook în care critică dur conducerea instituției. Acesta…
„Ministrul a ales să minimalizeze amploarea protestelor din educație, reducând nemulțumirile legitime ale angajaților din învățământ la simple și trecătoare «stări de supărare», limitate, în opinia sa, strict la «zona…
Ministrul Daniel David a invitat-o în această dimineață la discuții pe Luciana Antoci, consiliera de stat responsabilă cu domeniul educație în cadrul Cancelariei Prim-ministrului Ilie Bolojan. Potrivit surselor Edupedu.ro, întâlnirea…
Valul recent de controverse privind diplomele politicienilor din România – de la situații de studii neclarificate până la cazuri de absolvire a unor programe private urmate de susținerea licenței la…
Sindicatul Învățământ Preuniversitar Argeșean (SIPA) Muntenia critică afirmația ministrului Daniel David, „mi-ar plăcea ca sindicatele să înțeleagă că nu mai pot avea un rol important într-un sistem așa cum îl…
Asociația Profesorilor de Limba Germană din România (APLGR) reclamă, într-un document trimis ministrului Educației și Cercetării și obținut de Edupedu.ro, modul în care a fost constituit și a funcționat grupul…CSAT a secretizat lista cu proiecte propuse de Guvern pentru a fi finanțate prin mecanismul european SAFE, în cadrul căruia României i-a fost alocată suma de 16,7 miliarde de euro, au declarat pentru Economedia mai multe surse. Administrația Prezidențială nu a răspuns la întrebarea noastră dacă CSAT a secretizat lista cu proiectele pe care România […]
© G4Media.ro.
Președintele României, Nicușor Dan, a anunțat, joi, pe Facebook, că a transmis Parlamentului cererea de reexaminare a legii care modifică Ordonanța de Urgență 31/2002 privind interzicerea organizaţiilor, simbolurilor şi faptelor cu caracter fascist, legionar, rasist sau xenofob şi a promovării cultului persoanelor vinovate de săvârşirea unor infracţiuni de genocid contra umanităţii şi de crime de […]
© G4Media.ro.
Președintele Colegiului Medicilor din România, prof. Univ.Dr. Cătălina Poiană transmite că apa reprezintă un element esențial, având, în același timp, o importanță primordială pentru întreaga comunitate din județul Prahova. Ea a vertizat că pe lângă spitale, afectate de criza apei sunt și cabinetele medicilor de familie și de ambulatoriu, context analizat cu reprezentanții Colegiului Medicilor […]
© G4Media.ro.
Președintele Consiliului Județean Călărași, Vasile Iliuță, avertizează că o situație critică s-ar putea întâmpla și în județul său, informând că un vad neautorizat dintre Budești și Crivăț a cedat în urma deversărilor de la barajul Mihăilești. „Vadul era deja închis circulației, astfel că oamenii nu au fost în pericol, dar situația ridică mari semne de […]
© G4Media.ro.
EU agrees to permanently stop Russian gas imports and phase out Russian oil The European Union will effectively and permanently stop the import of Russian gas and move towards the phaseout of Russian oil under the provisional political agreement reached by the European Parliament and the Council today. This historic decision......
The post EU agrees to permanently stop Russian gas imports and phase out Russian oil appeared first on Nine O' Clock - first exclusively daily publication to appear in English language in Romania.
Government Measures to Support the Population in Localities Affected by Water Supply Issues and to Remedy the Situation The Government, through the Ministries of Internal Affairs, Environment, Energy, Health, and the institutions responsible for managing emergency situations, has intervened to support the population in localities in Prahova and Dâmbovița counties......
The post Government Measures to Support the Population in Localities Affected by Water Supply Issues and to Remedy the Situation appeared first on Nine O' Clock - first exclusively daily publication to appear in English language in Romania.
Daniel Băluţă, the mayor of Bucharest's District 4, signed the order to start work on the extension of the M4 subway line on Thursday, December 4. The investment is valued at EUR 3.5 billion and the route will be 11 kilometers long, between Gara de Nord and Gara Progresul railway stations.
The extension will have 14 new stations, according to the authorities.
“The extension of the M4 line will bring 58.6 million passengers per year by 2040. It is perhaps the clearest sign that we are entering a new stage for the capital. We are investing EUR 3.5 billion, over RON 17 billion, non-reimbursable European funds, attracted by District 4, to unite the north and south of the city through a modern, continuous, and predictable metro line,” said Daniel Băluţă at a press conference held alongside the Social Democrat (PSD) minister of transport, Ciprian Şerban.
The subway extension will pass through the territories of Districts 1, 4, and 5 and the commune of Jilava, in Ilfov County.
The project will have two years of planning and five years of execution, creating 5.600 temporary jobs and around 900 permanent ones. The building phase will not disrupt the traffic, according to the mayor.
“In terms of infrastructure, the subway network grows by almost 22%, an unprecedented leap, through a single project. People will feel this directly. Less time wasted, fewer blockages, less stress,” Băluţă stated, according to Agerpres.
“I assure citizens that the start of these works does not mean that traffic will be disrupted,” added the District 4 mayor, who is currently running for general mayor of Bucharest.
Transport minister Ciprian Şerban, in turn, added that the subway line extension is the largest infrastructure project in the capital. As both politicians are part of the Social Democratic Party, they also used the opportunity to campaign.
The signing is a welcome reprieve for the PSD candidate for the general mayor, who has recently been under fire due to two scandals. The first concerns the authorization issued in 2023 for an 11-story building right next to the Bellu Cemetery in Bucharest.
The second regards the wealth of Daniel Băluță’s family. Journalists at Public Record revealed that Băluță’s parents bought seven apartments and a penthouse with parking spaces and storage rooms in the former Rin Grand hotel in District 4. The two pensioners paid EUR 460,000 for the purchases.
Polls give Daniel Băluță as one of the leading candidates for Bucharest mayor. The elections will take place on December 7.
(Photo source: PS4.ro)
Elon Musk's mother, Maye Musk, re-shared a post about the Craiova Christmas Market on X on Monday, December 1. She described the event as "beautiful" and included three emojis in her caption.
The original post highlighted that the Craiova Christmas Market was taking place in a safe environment.
"No concrete barriers. No armed guards. No tension in the air. Just thousands of people wrapped in Christmas lights, singing carols, drinking hot wine, and celebrating the birth of Christ in peace. Romania, you're showing the world what it looks like when a country still remembers joy, faith, and safety go hand in hand ~ God bless you. I pray the rest of Europe and America get this feeling back soon," the caption read.
Beautiful 🥰🤩🎄 https://t.co/zBBm4Y8TfF
— Maye Musk (@mayemusk) December 1, 2025
The caption alludes to the fact that many similar markets across Europe have had to implement stringent security measures due to terrorist threats. In past years, Islamist terrorists have targeted such markets and made use of cars to run over attendees. Conservatives and figures on the political right have used the attacks to criticize migration from Arab countries into Europe and the US.
Lia Olguța Vasilescu, the mayor of Craiova, reacted to Maye Musk's post on Facebook, saying that "even Elon Musk's mother finds the Christmas Market in Craiova beautiful."
Maye Musk is internationally known both for her career of more than five decades in fashion and for being the mother of Elon Musk, the founder of Tesla and SpaceX. She began her modeling career as a teenager and has appeared in numerous campaigns and on the covers of major magazines. After studying nutrition, Maye Musk also became a licensed dietitian, known for her conferences and books on a healthy lifestyle.
The Craiova Christmas Market was recently designated the most beautiful Christmas Market in Europe, within the annual competition organized by European Best Destinations (EBD), receiving over 142,000 votes from around the world, over the 56,000 received by the second-placed market.
radu@romania-insider.com
(Photo source: Facebook/Maye Musk)
Ten entrepreneurs and executives have launched Food Angels Hub, a community of investors dedicated to the food sector.
The aim of the hub is to “develop and scale functional and profitable companies in the food, hospitality and food-tech sectors” and “turn Romania into a reference point for food innovation in the CEE region.”
The founders of Food Angels Hub include: Radu Savopol, the co-founder of the coffee shop chain 5 to go; Daniel Donici, the co-founder of dairy producer Artesana; Alfred Dauteuil, the founder of Jerry’s Pizza; Călin Ionescu, the CEO of Sphera Franchise Group; Daniel Boaje, formerly the CEO of McDonald’s Romania; Albert Davidoglu, the CEO of Macromex; C-level executive and investor Costin Mândrea; Utku Ogrendil, CEO of PayPoint Romania; Florin Maxim, the founder of Hospitality Culture Institute; and Răzvan Gheorghiu-Testa, a founding partner of law firm Țuca Zbârcea & Asociații.
Food Angels Hub offers growth infrastructure for companies active in food production, services, and technology, from direct financing to mentorship, strategic consultancy, access to operational know-how, and partnerships with established industry players, the organization said.
Climate change, finite resources, and supply chain fragmentation will accelerate the need for innovation across food production, processing, logistics, and technology. The food industry will thus become a strategic sector in the future, not only from an economic perspective but also from the perspective of national security and geopolitical stability, according to an announcement from Food Angels Hub.
“The combined expertise of the Food Angels Hub network gives us confidence that, together with local companies in the food industry and the partners of the industry, we can support the Romanian ecosystem of food innovation. We want to work closely with founders and partners in the public and private sectors to accelerate the scaling and international recognition of Romanian brands in the food industry,” Florin Maxim, founding member and managing director of Food Angels Hub, said.
(Illustration: Food Angels Hub)
simona@romania-insider.com
Former MEP Vlad Gheorghe has withdrawn from the race for the Bucharest City Hall and urged people to support the candidate of the National Liberal Party (PNL), district 6 mayor Ciprian Ciucu. The announcement was made in a press conference on Tuesday, December 2, alongside the latter.
To motivate his decision, Gheorghe pointed at the rising score of extremist candidate Anca Alexandrescu, although he did not name her.
“The extremist candidate, with ties and history in the Social Democratic Party (PSD), has real chances of becoming mayor of the capital. At this moment, the responsible thing to do is to support Ciprian Ciucu, so that Bucharest remains a bastion of democracy and does not end up in the hands of PSD extremists. I ask all those who wanted to vote for me in the December 7 elections to support Ciprian Ciucu,” said Vlad Gheorghe, cited by Digi24.
In turn, Ciprian Ciucu thanked Gheorghe for his support. “We both have a clear vision for this city, one against bureaucracy, for eliminating corruption, and for bringing efficiency to the administration. What unites us are European and democratic values,” he said.
Ciucu also highlighted the current ranking in polls, according to the National Liberal Party. “The PSD candidate is stabilized in third place, the USR candidate in fourth place, with very little chance of growth, and is running a negative, divisive campaign,” he said.
Vlad Gheorghe’s announcement comes just a few days before the Bucharest elections, scheduled for Sunday, December 7. Despite his announcement, Gheorghe’s name will remain on the ballot.
Last week, Ciprian Ciucu also received the backing of the small center-right party Forta Dreptei, led by former prime minister Ludovic Orban, but also from the reformist party REPER.
At the end of November, Vlad Gheorghe published a poll conducted by the polling firm CIRA, which ranked the current mayor of district 4, Daniel Băluță, with 24%, followed by Ciprian Ciucu, the mayor of district 6, with 21%, and Anca Alexandrescu with 19%. Immediately after the poll was published, the former MEP appealed to the other candidates.
“If we don’t sit at the same table, there is a major risk that PSD or AUR will take over the capital. If that happens, we are all to blame,” Vlad Gheorghe wrote on his Facebook page.
A more recent poll, published on Monday and conducted by AtlasIntel at the request of HotNews, showed a different order in the Bucharest ranking: Daniel Băluță in first place, with 23.3%, followed closely by Anca Alexandrescu (23.2%), and Ciprian Ciucu in third place with 21.7%. In fourth place, according to the survey, is USR candidate Cătălin Drulă with 15.5%. Vlad Gheorghe was rated at 0.9% in voting intentions.
A lawyer by profession, Vlad Gheorghe, 40, holds a bachelor’s degree from the Faculty of Law, Romanian-American University, Bucharest (2004–2008), and a master’s degree in Tax Law from the University of Bucharest (2016–2017, without dissertation). He entered politics in 2015, as a volunteer for the Save Bucharest Union (USB), which later became USR. He resigned from USR at the beginning of 2024 following an internal scandal. That year, he ran for a new term as an MEP, as an independent, but did not gather the necessary votes.
(Photo source: Vlad Gheorghe on Facebook video capture)
Google has released its annual report on Romania’s most popular search trends, showing how politics and pop culture shaped online behaviour in 2025. Queries about Nicușor Dan, Ion Iliescu, and the viral toy Labubu stood out among the fastest-rising searches of the year, alongside major entertainment moments and high-profile public events.
The spring presidential election was one of the defining drivers of online interest. President-elect Nicușor Dan topped the overall trending list, while the death of former president Ion Iliescu generated one of the sharpest spikes in search activity. George Simion, Dan’s opponent in the election’s final round, also ranked prominently, and searches related to voter turnout reflected sustained public engagement with the electoral process.
The deaths of other global public figures, including former Pope Francis and US media personality Charlie Kirk, further contributed to peaks in Romanian search traffic, making it to the local top 10.
Entertainment and consumer trends played a major role as well. The reality show Insula Iubirii (Love Island), the FCSB–PAOK match, and the launch of the iPhone 17 all appeared among the year’s most prominent searches.
Labubu, the plush toy with a global cult following, became one of the most unexpected breakout terms of 2025. Kendama toys also recorded a significant resurgence in interest, though they fell outside the top 10.
Film searches were led by Nosferatu, followed by Anora, while Cravata Galbenă (The Yellow Tie) was the only Romanian movie to place in the top tier. Among series, Squid Game again captured the most attention, ahead of Adolescence, Ginny and Georgia, and Wednesday Season 2.
Holiday-related searches saw strong interest in travel, with the Christmas markets in Vienna and Budapest outpacing domestic favourites such as Bucharest and Craiova. In the recipes category, traditional Easter dishes, such as drob de miel, roasted lamb and pască, continued to dominate Romanian searches, but the Dubai chocolate also made it to the top.
The questions Romanians asked in 2025 reflected both major news developments and everyday concerns. Popular queries ranged from “How is the Pope chosen?” and “How did the diaspora vote?” to “How does Labubu look?”
Artificial intelligence also became a major theme, with rising searches for the AI Olympiad, free AI tools, Google’s AI systems, and online training courses.
Google’s trending lists are based on searches that saw more than tenfold monthly growth compared with 2024, covering the period from January 1 to December 3. By excluding spam, navigational queries, and repeated searches, the analysis highlights the trends that shaped Romanians’ online curiosity in 2025.
irina.marica@romania-insider.com
(Photo source: press release)
The Canadian company Eldorado Gold has agreed to the sale of the Romanian gold mining project Certej, in Hunedoara County, for a total amount of up to USD 30 million, Profit.ro announced. The new owner of the license, subject to an extension request not settled yet, is Toronto Stock Exchange-listed Varvara Development Group (formerly O Rei Resources Corp), which pledged not to use hazardous technologies based on cyanides that prompted protests from non-government organisations and blocked the project.
Varvara Development has already employed key figures to speed up the project, which has been held up by bureaucratic and environmental obstacles.
Among the members of the managing board there are Johan Meyer (formerly CEO of Franklin Templeton Romania and portfolio manager of Fondul Proprietatea for almost 9 years November 2016 - June 2025), Mark Beacom, the general manager of Black Sea Oil&Gas (BSOG), the main concessionaire and operator of the Midia offshore natural gas field in the Romanian Black Sea, controlled by the American asset management group Carlyle, and Andrew Noble, the former British ambassador to Romania from 2018 to 2023, who brings "a nuanced understanding of political risk, stakeholder engagement and regulatory environments in emerging European markets," according to Varvara Development Group.
At this moment, Varvara Development ceded 17% of its shares, valued at USD 4.5 million. The agreement stipulates that the remaining money, up to a total amount of USD 30 million, will be paid as follows: USD 3.5 million upon the extension of the project's mining license by the Romanian authorities, USD 10 million upon the start of commercial production, and USD 12 million one year after the start of production.
"The company has changed its name [...] to better reflect its new business: the safe and sustainable development of mining assets in Romania, using a cyanide-free approach. 'Varvara' is the Romanian patron saint of miners," the new owner of the Certej project developer said on November 28.
The concession license for the exploitation of the Certej gold, silver, and industrial andesite deposit perimeter with resources evaluated at RON 9 billion (EUR 1.8 billion) is held by the Romanian company Deva Gold, in which Dutch-registered Eldorado Gold Romania BV, which is the subject of the transaction, has over 80% of the shares. The other major shareholder of the Deva Gold concessionaire in Certej is the Romanian state-owned mining company Minvest SA (19.25%).
Eldorado Gold previously said it wanted to invest USD 270 million in Certej and to extract an average of over 4 tonnes of gold and 20.5 tonnes of silver annually. The mine's operating life at Certej is expected to be 12 years.
In December last year, the mining regulator agency ANRMPSG initiated a draft government decision to approve the extension of the Certej exploitation license until 2030, but the decision has not been adopted to date, so Deva Gold sued the agency and the government, requesting the court to oblige the defendants to extend the license.
In 2019, the project was permanently blocked in court, by annulling the Urban Zonal Plan (PUZ), which had made it impossible to issue construction permits for the gold mine planned there by Eldorado Gold.
Separately, the project faced strong opposition from several national and international non-governmental organisations, which continues to this day. The company is accused of wanting to exploit cyanide in the Apuseni Mountains. The new owner of the developer now says it will not use cyanide.
iulian@romania-insider.com
(Photo source: Mykhailo Polenok/Dreamstime.com; AI generated)
State-controlled Hidroelectrica (BVB: H2O) allegedly supplied electricity for years to politically connected companies and religious institutions without issuing invoices or collecting payments, according to public data analysed by investigative platform Recorder. The supplies were made under valid contracts, but billing did not occur, the media revealed.
The situation was uncovered during a routine inspection by the Court of Accounts.
Hidroelectrica rejected allegations of political bias and stated that invoicing delays were caused in some instances by technical constraints, while disconnections for certain customers were prohibited during the pandemic, Ziarul Financiar reported. The company also acknowledged the possibility of fraud related to supply operations, noting that such cases had been reported by Hidroelectrica itself to prosecutors for investigation.
According to the Court of Accounts, between January 2018 and June 2022, Hidroelectrica supplied electricity to twenty legal entities without invoicing the value of the energy delivered, despite receiving monthly consumption statements for each supply point.
One of the main beneficiaries was reportedly a company controlled by Alin Udriște, vice president of PNL Mehedinți and a protégé of former energy minister Virgil Popescu, who served from 2020 to 2023. The company had already entered insolvency in January 2018, when it signed an electricity supply contract with Hidroelectrica, a situation that should have been legally impossible under insolvency rules.
iulian@romania-insider.com
(Photo source: Inquam Photos/Octav Ganea)
Roughly 84% of Romanians say that the pace of the state’s digitalization is slow or very slow, according to an Edge Institute & AtlasIntel study presented at the Digital Governance Summit 2025, which took place on Tuesday, November 25, at the presidential palace in Bucharest.
The survey aims to capture the way citizens relate to digital transformation: what works, what frustrates them, what expectations they have, and what pace they consider acceptable for modernizing the state.
Data show that for most Romanians, digitalization means, first and foremost, reducing bureaucracy and eliminating trips between institutions, through administrative processes that can be resolved entirely online.
At the top of their expectations is the ability to submit applications without going to a counter (68.7%), the automatic circulation of documents between institutions (61.4%), and the interoperability of databases, which would eliminate the need for certificates (57.1%). Around 76.4% of Romanians have used the electronic services of public institutions in the past year.
Romanians associate the state’s digitalization with practical and easy-to-use solutions: electronic signatures for citizens and companies (43%), modern presentation websites for ministries (36.2%), and, to a lesser extent, the presence of institutions on social networks (17.2%). Among the most frequently mentioned benefits are reduced bureaucracy (65.3%), time savings (50.5%), and faster access to information and services (48.7%).
At the same time, respondents point out possible negative effects, such as the impact on vulnerable people (29.2%), the risk of certain jobs disappearing (28.3%), and the increasing dependence on technology (28.1%). Even in the context of perceived disadvantages, nearly 73% of Romanians consider digitalization a good or very good thing.
When it comes to evaluating the current level of digitalization, however, 65% of respondents consider that public institutions are poorly digitalized, while areas such as internet quality and the digitalization of private companies receive significantly better evaluations. Moreover, 84% of Romanians say that the pace of the state’s digitalization is slow or very slow.
Three-quarters of Romanians (75.8%) say that Romania needs major changes. For 77% of Romanians, corruption is the biggest concern, ahead of the general state of the education and health systems, high prices, or the war in Ukraine. The context suggests that digitalization, through transparency and automated processes, is perceived as a direct solution against this phenomenon.
“The data show that expectations are clear: Romanians want efficient public services, without unnecessary bureaucracy, and a state that respects people’s time. Digitalization is only the tool; the real stake is trust,” said Robert Berza, Executive Director of Edge Institute, at the event.
(Photo source: Nicoelnino | Dreamstime.com)
Daniel Băluță, the Social Democrats' (PSD) candidate for the general mayor elections in Bucharest scheduled for December 7, and the independent candidate supported by isolationist party AUR, Anca Alexandrescu, lead in the voting intentions of Bucharest residents, separated by only 0.1% percentage points, according to an opinion poll conducted by the AtlasIntel institute for Hotnews.ro.
Specifically, Băluță is rated at 23.3% of the voting intentions and Alexandrescu at 23.2%.
While Băluță's leading position may not be surprising, Alexandrescu seems to have gained significant ground based on the past polls showing her in fourth place.
The two are followed very closely, at 1.5 pp, by Liberal (PNL) candidate Ciprian Ciucu. Save Romania Union (USR) candidate Cǎtǎlin Drulǎ falls in fourth place with only 15.5% of the voting intentions, down from 18.1% (third place) in another poll conducted by AtlasIntel a couple of weeks ago.
The research was conducted between November 27 and 30, on a sample of 2,964 respondents from Bucharest.
In the AtlasIntel poll two weeks ago, Ciucu led the rankings (19.2%), Băluță (18.6%) was in 2nd place, and Alexandrescu (17.9%) was in 4th place.
iulian@romania-insider.com
(Photo sources: Inquam Photos/George Calin and Codrin Unici; Facebook/Anca Alexandrescu)
President Nicușor Dan used his National Day speech on Monday, December 1, to offer a blunt view of Romania, which he said is still “a corrupt country,” but noting that the situation has improved over the past 20 years. Speaking at the Cotroceni Palace reception, he said Romanians are justified in feeling that the state lacks the will to fight corruption and in being frustrated when “corrupt people give moral lessons on television.”
In his speech, the president urged citizens to view Romania’s current moment with “balance and lucidity.” He acknowledged that living standards have declined compared to last year, but stressed that conditions remain far better than two decades ago and more favorable than in several neighboring countries.
“Romania is a corrupt country, and Romanians are right when they say they do not see a will from the state to fight corruption, and they are also right to be outraged when corrupt people appear on television to give them moral lessons. Still, we are less corrupt than we were 20 years ago,” he stated.
“It is also true that all the corruption during this period has held us back. We could have been much further along and living much better than we do today. It is also true that in recent months we have not seen corruption at the top of the Romanian state.”
Further on, Dan pointed to persistent weaknesses in core public systems, calling the education system “weak to very weak” despite areas of excellence, and describing the healthcare system as “far from where it could have been” given the significant public funds invested. Still, he noted early signs of progress, including the construction of new hospital buildings financed through the EU’s Recovery and Resilience Facility.
Turning to the economy, the president praised the dynamism of the private sector, which he said has managed to double Romania’s GDP in the last decade. However, he warned of a large trade deficit and the absence of a coherent economic policy. He also emphasized that Romania has kept its schedule for OECD accession.
Nicușor Dan also referred to the cancellation of the 2024 presidential elections as a setback that raised doubts about Romania’s democratic stability among both citizens and international partners. He said that authorities now have evidence of illegal influence in those elections and of a decade-long disinformation campaign led by Russia in Romania and Europe. However, he noted that a complete report on the events of the previous year has yet to be released.
Further on, the president highlighted Romania’s position within the European Union, noting that the country has received around EUR 100 billion in EU funding but has not always made its voice heard in Brussels. He cited the Schengen case as an example of Romania being “clearly wronged,” while stressing that the country has recently shown greater maturity in negotiations on technical matters.
Dan also referred to the departure of around 5 million Romanians in recent years, saying many left due to economic hardship or a sense of injustice. “But they are a calling card for Romania and a huge potential for the country, as long as we manage to build a fair relationship with them,” he stated.
In the same speech, president Dan acknowledged shortcomings in public administration, including delays and inefficiencies in digitalization, but noted that Romania has built 500 kilometers of highway and express road over the past five years.
Calling for a more constructive public debate, Nicușor Dan criticized the political climate as dominated by slogans and “shouting.” He urged politicians and citizens alike to “lower the volume,” listen to one another, and approach national challenges with calm and balance.
The president closed his speech by encouraging Romanians to maintain confidence in their country, invoking both the legacy of the 1918 Union and the responsibility owed to future generations.
irina.marica@romania-insider.com
(Photo source: Presidemcy.ro)
More than 80% of the electricity production capacity of the new nuclear reactors in the works in Romania could power a Black Sea AI Gigafactory project, according to a plan laid out by the government.
Romania has already secured financing and partners to develop units 3 and 4 at the Cernavodă nuclear power plant, with a total installed capacity of 1,400 MW, as well as a small modular reactor (SMR) power plant of 462 MW at Doicești. About 1,500 MW of this newly installed power could go towards 100,000 AI accelerators housed by an AI Gigafactory.
“The project provides for the installation of over 100,000 AI accelerators in two distinct locations: Cernavodă (Phase I) and Doicești (Phase II), both selected for their strategic advantages in terms of energy, digital infrastructure, and access to international connectivity. The project will be powered by an energy mix of up to a maximum of 1,500 MW, positioning Romania as a strategic hub for high-performance computing, environmentally friendly, with carbon-free nuclear energy,” according to a memorandum approved on Thursday, November 27, and cited by Profit.ro.
The Black Sea AI Gigafactory project has been announced before, but the government has now designated the Energy Ministry as the main coordinator of the project. The ministry will plan for the locations of the Gigafactory, identify energy sources, connections to the grid, and handle the relationship with the European High Performance Computing Joint Undertaking (EuroHPC JU), a public-private initiative which seeks to make Europe a world leader in supercomputing, and the European Commission.
In addition, the Ministry of Energy and the Ministry of Finance are mandated as coordinators in charge of preparing, negotiating, and involving relevant actors from the public, private, academic, and research sectors for the Black Sea AI Gigafactory project.
Romania is competing with other member states to host such centres, with the stake being to obtain partial financing for the project.
“It is estimated that the national Black Sea AI Gigafactory project will require an investment of EUR 4–5 billion and that it will be operational at the end of 2028. Public authorities, both at the EU level and at the national level, can finance up to 35% of total CAPEX (capital expenditures), with most of the financing needing to be mobilized through private partners/investors, national development banks (in Romania’s case, the Investment and Development Bank) and institutional investors,” the government said in the memorandum.
To develop the project, the executive also sent an official letter to the World Bank asking for technical assistance. This request has already been discussed with representatives of the institution during the annual meetings of the World Bank Group in October.
According to the International Atomic Energy Agency, major tech companies have turned to nuclear energy to power data and AI centers. A similar trend can be observed in other industries seeking clean 24/7 power and heat, such as petrochemicals and cryptocurrency.
Romania’s nuclear sector, represented by Nuclearelectrica (BVB: SNN), has a long tradition of operating safely and is backed by the state. Nuclear power accounts for over 17% of the country’s energy consumption at the moment.
Romania also collaborates with the United States for the development of the Doicești SMR plant, based on the Intergovernmental Agreement on cooperation.
(Photo source: Pavel Kachanau | Dreamstime.com)
Romania took the presidency of the Central European Initiative (or CEI) on Wednesday, November 26, according to a press release from the Ministry of Foreign Affairs (MAE).
The organization is a regional intergovernmental forum established in 1989, following the fall of the Berlin Wall. It gathers 17 Member States in Central, Eastern, and South-Eastern Europe to promote regional cooperation for EU integration and sustainable development.
The handover of the presidency took place at the meeting of Foreign Ministers from the CEI member states, organized by Serbia in its capacity as the current presidency of the initiative. On the occasion, foreign minister Oana Țoiu delivered a recorded statement in which she highlighted Romania’s increasing commitment to regional cooperation and presented the priorities of the new presidency.
The priorities include supporting the European integration of candidate states by maintaining the CEI’s role as a bridge between EU member states and candidate states; strengthening the economic and business dimension in the CEI area, including by boosting connectivity projects; capitalizing on the local dimension of the CEI by involving local authorities, communities, and citizens; keeping in focus the fight against disinformation and the strengthening of resilience.
At the ministerial meeting in Belgrade, Romania was represented by the secretary of state for Romania’s OECD accession process, economic cooperation, the UN, and Francophonie, Luca Niculescu, according to Agerpres. In his remarks, he commended the efforts made by foreign minister Marko Djuric and the Serbian presidency team throughout the current mandate to strengthen the CEI’s role as a platform for dialogue and cooperation both among member states and between them and the EU.
Niculescu highlighted the progress of the Republic of Moldova, Ukraine, and the Western Balkan partners in the EU accession process, emphasizing the need for a credible enlargement process based on the candidates’ own merits, anchored in reforms. He condemned the Russian Federation’s war of aggression against Ukraine, a CEI member state, and reiterated Romania’s multidimensional support for Ukraine.
The event concluded with the adoption of a Joint Declaration, a document reconfirming the CEI member states’ support for the EU enlargement process, support for Ukraine, and the reaffirmation of the CEI’s role as a platform for regional cooperation in support of European integration and the sustainable development of member states.
(Photo source: Inquam Photos | Octav Ganea)
Prime minister Ilie Bolojan will travel to Vienna on December 3-4 for an official visit mainly focused on energy cooperation and strengthening bilateral ties. The visit takes place at the invitation of Austria’s federal chancellor, Christian Stocker, according to the official announcement from the Romanian government.
The agenda includes meetings with chancellor Stocker, who will be joined by federal minister for Europe, integration and family Claudia Plakolm, federal minister of economy, energy and tourism Wolfgang Hattmannsdorfer, and finance minister Markus Marterbauer.
Ilie Bolojan and his Austrian counterpart will hold a private discussion followed by extended talks with their delegations and a working lunch with representatives of Romanian and Austrian companies. The prime minister will also attend the National Day reception hosted by the Romanian Embassy in Austria.
“The main objective of the visit is to strengthen bilateral relations both politically and economically, as well as to improve coordination at the regional and European levels, given the current challenges in the region. Economic cooperation will also target other sectors with potential for increased investment in both markets,” the Romanian government announced.
A key priority of the visit is advancing cooperation in the energy sector, particularly in securing affordable electricity prices, improving regional energy security, and accelerating projects to enhance electricity interconnections among neighbouring states. Bolojan is expected to raise these issues directly with chancellor Stocker.
Discussions will additionally address Austria’s support for Romania’s bid to join the Organisation for Economic Co-operation and Development.
Before arriving in Vienna, Ilie Bolojan will stop in Budapest for talks with Hungarian prime minister Viktor Orbán, joined by UDMR leader Kelemen Hunor. The meeting will focus on Romania-Hungary-Austria cooperation in developing regional electricity interconnection projects.
The Romanian delegation to Vienna will include energy minister Bogdan Ivan, foreign minister Oana Țoiu, Chancellery head Mihai Jurca, and state secretary Dragoș Hotea.
irina.marica@romania-insider.com
(Photo source: Gov.ro)
Authorities in Romania, such as the Environment Ministry, the Romanian Waters, and the Prahova local water authority Exploatare Sistem Zonal Prahova, have passed responsibility to each other for the ongoing water crisis that has left over 100,000 people without clean drinking water in the counties of Prahova and Dâmboviţa, as well as schools and hospitals in the area.
Problems with the water supply in the region first started on Friday, November 5, and were generated by the decrease in the water level in the Paltinu reservoir caused by scheduled hydrotechnical works at the dam, combined with the increase in turbidity and volume of sediments caused by rain. The sediments affected the quality of raw water and imposed the interruption of the drinking water supply in 12 localities in Prahova County and one locality in Dâmboviţa County.
Experts confirmed that the crisis originated in the lack of communication between institutions, according to Digi24.
The crisis was commented on by numerous state representatives and was used as an occasion to ask for resignations and assign blame.
The Ministry of the Environment denied that it was aware of the risk of water supply interruption in localities in Prahova and that it ignored warnings regarding the situation at Paltinu, stating that Exploatare Sistem Zonal Prahova, the institution responsible for treating and supplying water, did not report that the increased turbidity “could lead to the impossibility of treating the water and, implicitly, to the interruption of the drinking water supply.”
Ministry representatives said that ESZ Prahova failed to report risks in several technical meetings. A
ccording to the institution, the water operator ESZ Prahova had the legal and contractual obligation to maintain minimum water reserves, to immediately report any technological limitations of the station, evaluate the impact of turbidity on the treatment process, inform the Ministry and local authorities in case of a possible interruption, and to activate alternative sources. “None of these obligations was fulfilled,” the Ministry of the Environment stated.
The institution also specified that the Decision of the Prahova County Committee for Emergency Situations of November 6 “does not warn of a risk of supply interruption due to the lowering of the water level following the works for the Paltinu reservoir, but of a risk of interruption of the drinking water supply if this work had not been carried out,” according to News.ro.
In turn, Bogdan Chiţescu, general director of Exploatare Sistem Zonal Prahova (ESZ Prahova), stated on Sunday, November 30, that the environment minister pressured the company to allow household water to circulate for bathroom use, but that he and the Public Health Directorate (DSP) opposed due to healthcare risks. Diana Buzoianu was also reprimanded by Social Democratic Party leader Sorin Grindeanu for the “chaos” in Prahova.
President Nicuşor Dan also weighed in on the scandal on Wednesday, December 3, stating on Facebook that attacks on the incumbent environment minister Diana Buzoianu are part of the political campaign for the Bucharest mayoral elections, set to take place on December 7.
Nevertheless, the president said, the situation is difficult and “shows how serious the consequences of the lack of proper anticipation and communication between state institutions can become.”
“The control launched to analyze the situation at Paltinu will determine who was at fault, and all those responsible must be held accountable. But beyond this evaluation, hiring for leadership positions within various state authorities must certainly be based solely on competence criteria. Even if it will be a long process, increasing the efficiency of the public administration is mandatory so that the state can fulfill its mission of serving the citizens,” Dan stated.
“We must determine who is at fault. In my opinion, although of course control authorities will assess this, the fault lies with Romanian Waters (Apele Române),” the head of state added, drawing a parallel between the situation at the Paltinu dam and the Praid Salt Mine collapse, another disaster supervised by Romanian Waters.
On Thursday, December 4, a week since the start of the water crisis, ESZ Prahova announced that it is currently waiting 3 days for the results of the microbiological analyses before distributing water to the population again. As a result, water could be delivered again by Sunday or Monday, December 7-8.
(Photo source: Departamentul pentru Situaţii de Urgenţă on Facebook)
The far-right opposition parties in the Romanian Parliament are set to file a motion of no confidence against the government headed by prime minister Ilie Bolojan. The motion, authored by senator Ninel Peia of the Peace – Romania First group, is specifically aimed at the reformist party Save Romania Union (USR), and is entitled “Romania Is Not for Sale – A Government without USR.”
Initiators say they already have 119 signatures, and that the motion will be submitted on Friday, December 5. Peia also noted that the motion has the backing of the far-right Alliance for the Union of Romanians (or AUR) party, according to News.ro.
Signatures also came from inside the government coalition. Former prime minister Victor Ponta, a deputy elected on the lists of the Social Democratic Party (PSD), announced that he signed the motion.
“This is an initiative of over 22 parliamentarians who understand the danger to Romania represented by the takeover of the State (Foreign Affairs, Defense, Economy, Environment, Public Radio, companies in which the State is a shareholder) by the group called USR, a group controlled and directed by external forces and which acts against the national interest,” Ponta said on Facebook.
Victor Ponta, who led PSD between 2010 and 2015, encouraged Social Democratic parliamentarians and coalition partners in the National Liberal Party (PNL) to “battle against this anti-Romanian group called USR.” The three parties, alongside the Hungarian minority party UDMR, currently form the governing coalition, reuniting over 65% of the seats in the legislature.
The Social Democratic Party, longtime opponents of the USR reformists, have recently criticized USR representatives like the outgoing defence minister Ionut Mosteanu and environment minister Diana Buzoianu. The first was criticized for irregularities with his studies and eventually resigned, while the latter was blamed by PSD leader Sorin Grindeanu for causing the ongoing Prahova water crisis.
However, chances of the motion passing are small, since PSD and PNL would effectively be voting against their own government. Grindeanu noted that Victor Ponta, who unsuccessfully ran for president early this year, is no longer a member of PSD and that the party's deputies are unlikely to vote for the motion.
The government survived a no-confidence vote in the summer. Back then, 134 MPs voted in favor, out of the 154 initially appointed by the three main opposition parties (AUR, SOS, and POT). At least 233 votes are needed to overthrow the government.
(Photo source: Ninel PEIA on Facebook)
Romania’s Fiscal Council expressed cautious optimism that the fiscal measures adopted in the second half of 2025 could reduce the budget deficit to around 6.5% of GDP in 2026, according to its assessment of the second budget revision approved by the government. The Council stated that such an outcome would represent a significant improvement from the 2024 level and align with Romania’s medium-term budgetary and structural commitments.
The institution noted that the country’s tax revenues remain among the lowest in the European Union. In 2024, Romania collected tax revenues equal to 28.7% of GDP, compared with 35% in the Czech Republic, 35% in Hungary, 37.5% in Poland, and an EU average of 40.1%.
The Council said that the chronic under-collection reflected long-standing neglect of the need to ensure tax revenues adequate to societal demands.
The Council also stressed that improving tax collection is “a matter of national security”, citing the pressure on the public budget and the broader international context. It reiterated that reducing the fiscal deficit cannot rely exclusively on expenditure cuts, a position it described as confirmed by the structure of measures introduced by the government in 2025.
The body rejected the view that significantly higher immediate tax collection could be achieved without adjustments to the fiscal framework. It also argued that a substantial reduction in public expenditure capable of avoiding tax changes was unrealistic given the urgency of fiscal correction.
According to the Council, the widening of the budget deficit in 2024 - recorded at 8.67% of GDP in cash terms and 9.3% under the ESA methodology - resulted mainly from increases in permanent expenditure. It noted that the composition of spending contributed to the difficulty of achieving consolidation without changes to taxation.
The Council concluded that the combination of revenue-raising measures, improved administration, and controlled expenditure growth provided a credible path toward fiscal adjustment in 2026, while warning that the targets would require sustained political commitment and administrative capacity.
iulian@romania-insider.com
(Photo source: Arlawka Aungtun/Dreamstime.com)
The Treasury set a coupon of 6.55% for the 2-year state bonds on sale in the primary retail market in December, 40 basis points from 6.95% paid in November, and 65 basis points lower compared to October. The coupons for the other maturities have decreased accordingly to 7.1% for the 4-year maturity (-25 bp from November) and 7.5% for the 6-year maturity (25 bp from November), Cursdeguvernare.ro reported.
The yield curve has shifted downwards since June, before the first package of budgetary reforms that included a 2 percentage points VAT rate hike, by 80 bp for the 2-year maturity and 45 bp for upper medium (6-year) terms. This was despite the upward revision of the inflation trajectory for the second half of 2025 and the first half of 2026 following the VAT rate hike and the electricity price deregulation.
Despite both higher expected inflation and lower coupons, the Romanian state bonds still generate real positive yields: the 6.55% coupon for the 2-year bonds compares to an average consumer price inflation of under 3.5% per year over the next two years.
For comparison, one of the few 24-month deposits sold by a large bank (Maxiplus 24 luni) pays 3.8% subject to 10% income tax, which brings the real gain roughly in line with the expected consumer price inflation.
The maturity of the bonds denominated in euros sold by the Treasury starts from 3 years (3.75% coupon, 15 bp down m/m). The 5-year bonds denominated in euros pay 4.75% in December (-25 bp m/m) while the 10-year bonds pay 6.2% (-10 bp m/m).
iulian@romania-insider.com
(Photo source: Breeze393/Dreamstime.com)
Romanian defense minister Ionuț Moșteanu resigned on Friday, November 28, after a scandal regarding inconsistencies in his resume triggered by a journalistic investigation. The controversy erupted after Libertatea reported that Moșteanu had falsely claimed in his first official CV to have graduated from Athenaeum University - an institution that said he was never a student - prompting him to admit it was a “mistake” and to present a different diploma obtained in 2015.
Prime minister Ilie Bolojan confirmed that he has taken note of Ionuț Moșteanu’s resignation as minister of defense, adding that he will propose to the president that the interim position be filled by Radu Miruță, the minister of economy.
In the official announcement on Friday, Moșteanu said he communicated his decision to resign to the president, prime minister, and party leadership.
“Romania and Europe are under assault by Russia. Our national security must be defended at all costs. I do not want discussions about my education and the mistakes I made many years ago to distract those who now lead the country from their difficult mission,” he stated.
The outgoing minister highlighted that during the five months in office, he “strengthened relationships with allies, monitored and accelerated equipment programs, improved the legal framework, and defended the rights of those who serve the homeland.” He also suggested that he disrupted corrupt interest groups in the defense sector.
Earlier this week, Ionuț Moșteanu published his bachelor's degree on Facebook in response to the investigation and attacks from the leader of the far-right opposition party AUR, George Simion. Criticism also came from the leading ruling Social Democratic Party, or PSD, which has routinely exchanged blows with Moșteanu’s reformist, center-right party, Union Save Romania (or USR), despite forming a coalition.
In the post accompanying his bachelor’s degree, Ionuț Moșteanu explained that he holds a BSc in management obtained in 2015 from Bioterra University, an institution with a rather low profile. He added that he attended courses at Athenaeum University in the 90s and that he interrupted courses at the more prestigious Computer Engineering University to work.
He also admitted to a key mistake. “In a CV that I quickly made in 2016 by using an online template, there remained a mistake which, I admit, embarrasses me. I did not pay much attention to these details at the time. For this, I apologize,” he said in the post on Facebook.
The issue is not simply one of reputation. Between 2015–2016, Ionuț Moșteanu was an adviser in the Ministry of Transport and a member of the Board of Directors of several state-owned companies, positions that required, according to the legislation in force at that time, higher education studies. To qualify, he submitted a CV featuring a diploma from the Athenaeum University, the only one he held at the time. Nevertheless, the now-minister later removed the diploma from his official biography.
After becoming a parliamentarian, Ionuț Moșteanu posted another CV on the website of the Chamber of Deputies, in which there is no longer any reference to Athenaeum University. Instead, studies at Bioterra University are listed, between 1996–1999, also in Management. In a response to Libertatea, Athenaeum University denied that Moșteanu had ever been enrolled as a student.
During an interview, Ionuț Moșteanu insisted that his only university degree is from Bioterra and that it was obtained in 2015. Doubts, however, continued to linger and impact his party, which has long insisted on transparency and honesty. Before Mosteanu’s resignation, USR leaders gathered for a meeting to address the scandal.
(Photo source: Ionut Mosteanu on Facebook)
Romania’s government has assumed responsibility in Parliament for legislation reforming magistrates’ pensions, prime minister Ilie Bolojan announced on December 2. He said the draft law had received the opinion of the High Court of Cassation and Justice, noting that the court’s assessment was negative.
It is the government’s second attempt to have the bill promulgated, after the Constitutional Court (CCR) rejected it on procedural grounds in October, at the request of the High Court (ICCJ). The High Court is expected to request CCR review the bill again.
The bill raises the retirement age for judges and prosecutors from the current 48–50 years to 65 years. The length of service required for retirement would increase from twenty-five to a minimum of thirty-five years, and early retirement before the age of 58 would no longer be possible.
According to the prime minister, as reported by Economedia.ro, the draft also introduces a limit on pension levels, calculated as 55% of the average gross wage over the past five years, but capped at 70% of a magistrate’s final net salary. Under the current framework, pensions are roughly equal to the last monthly salary, a system that has drawn criticism from international partners and domestic fiscal authorities.
The transition period for the new rules would be extended from ten to fifteen years. This means that each cohort of magistrates would have to work an additional year to qualify for retirement, a mechanism designed to gradually align service requirements with the new standards.
iulian@romania-insider.com
(Photo source: Gov.ro)
Romania’s public debt increased by another RON 14 billion (EUR 2.8 billion) in August after the RON 30 billion leap in July, to reach RON 1.084 trillion (EUR 213.8 billion) at the end of the month, according to data published by the Finance Ministry.
After the Treasury raised nearly EUR 5 billion with FX bonds in July, it relied on private placements in August – when it raised EUR 1.5 billion in two operations.
Romania’s debt-to-GDP ratio reached 59.7% of GDP at the end of August from 58.9% a month earlier, according to the Finance Ministry’s estimates. Both figures are subject to downward revision after the Q3 GDP data is released. However, given the first budget revision that puts the deficit at 8.4% of GDP, the odds for the ratio to exceed 60% by the end of the year are significantly increasing.
The European Commission expects Romania’s indebtedness measured by the debt-to-GDP ratio to remain below 60% at the end of 2025 (59.1%) and to increase by only 2 percentage points to 61.1% at the end of 2026. Further fiscal consolidation will slow down the advance in the coming years.
Romania’s public debt increased by RON 120 billion (EUR 23.7 billion), but part of this (RON 19 billion or EUR 3.7 billion – roughly 1% of GDP) was the effect of the local currency’s 1.8% weakening versus the euro in May amid political uncertainty.
The currency structure of Romania’s public debt changed as a result of both local currency weakening and the government’s reliance on foreign borrowing. Thus, the share of domestic denominated public debt decreased from 48.5% at the end of 2024 to 46.7% at the end of June and 45.7% at the end of August.
Nominally, the stock of local currency debt rose by only 5.9% y/y compared to the 18.7% y/y surge in the stock of foreign currency-denominated debt (which includes the exchange rate effects).
On the upside, the short-term public debt decreased by 21.4% y/y to RON 63.1 billion (EUR 12.4 billion) or only 5.8% of total public debt, compared to 8.3% at the end of 2024.
iulian@romania-insider.com
(Photo source: Ruletkka/Dreamstime.com)
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Târgul de Carte Gaudeamus a început miercuri, 3 decembrie și se va încheia duminică, 7 decembrie, la Pavilionul B2 Romexpo. Intrarea este gratuită. Evenimentul, organizat de Societatea Română de Radiodifuziune,…
Ministerul Investițiilor și Proiectelor Europene anunță într-un răspuns pentru Edupedu.ro, că printre beneficiarii care au carduri de anul trecut și ar putea primi în continuare cei 500 de lei pentru…
Așa cum am demonstrat în multiple studii și prelegeri din ultimii ani, pe teme precum complexitatea lingvistică a manualelor școlare (sinteza aici), lipsa promovării gândirii critice în manualele școlare (sinteza aici) sau pesimismul…
Mozaik Investments a devenit acționarul majoritar al Genesis College, una dintre școlile private din România, după ce tranzacția semnată în luna iulie a primit toate aprobările Consiliului Concurenței, pe 25…
Doar 40% dintre români consideră că dețin suficiente noțiuni de istoria literaturii, arată Barometrul de Consum Cultural 2025. În plus, 42% dintre respondenți consideră despre copiii lor că au suficiente…
Daniel Georgescu, inspector și reprezentant al Ministerului Educației și Cercetării, a spus că deși componența grupului care a realizat programa școlară pentru limba și literatura română a fost una numeroasă…
Românii au cel mai ridicat nivel de încredere în ceilalți din Uniunea Europeană, potrivit celor mai recente date Eurostat pentru anul 2024. Este primul an în care se întâmplă asta,…
Transformarea cunoașterii și tehnologiei prin inteligență artificială, ce are impact direct asupra economiei, va presa universitățile să se concentreze pe programe mai flexibile, cu accent pe cele de „recalificare permanentă…
Alfabetul chirilic și „subdialectele daco-românei” se află printre noutățile propuse în programa de limba română de clasa a IX-a, pusă în transparență pe 25 noiembrie. Amintim, componența de literatură din…
Noua programă pusă în consultare pentru clasa a IX-a conține pentru prima dată în ultimii 16 ani elemente care țin de frazare și construcția propozițiilor, mai exact „raportul dintre cuvânt…
Noua listă a liceelor tehnologice cu profil preponderent agricol a fost publicată în Monitorul Oficial, pe 26 noiembrie. Deși numărul total de licee rămâne 59, trei licee dispar ca unități…
Profesoara Oana Chelaru-Murăruș, fost decan al Facultății de Litere a Universității din București (2012-2016) și cadru didactic în Departamentul de Lingvistică, a publicat o analiză pe Facebook în care critică…
Jocuri de tip „escape room”, realizarea de articole de presă, expoziții virtuale sau fizice, apelul la inteligența artificială – toate sunt instrumente care ar urma să fie integrate în predarea…
Pentru luna octombrie, toate școlile din județul Buzău au de prezentat spre avizare statele de personal și statul de funcții, până la data de 5 decembrie, potrivit unui anunț al…
Ministerul Educației și Cercetării a transmis sâmbătă o reacție oficială privind situația României în raport cu Agenția Spațială Europeană (ESA), după o serie de articole publicate de Edupedu.ro despre datoriile…
Critică dură la adresa noii programe de Română pentru clasa a IX-a pusă în dezbatere de Ministerul Educației, lansată de consiliera de stat responsabilă cu educația la cancelaria premierului Ilie…
Contribuția României la viitoarele programe ale Agenției Spațiale Europene, anunțată la reuniunea ministerială desfășurată săptămâna aceasta la Bremen, în Germania, a fost de 78 de milioane de euro, potrivit datelor…
Condițiile de bază pentru înființarea unei noi universități au fost actualizate în Spania, printr-un decret ce prevede ținte cantitative menite să asigure calitatea și sustenabilitatea acestora, potrivit unei prezentări făcute…
Comisia Europeană nu poate interveni în construirea curriculumului de limbă română și nici în disputa care scindează acum România, referitoare la reintroducerea în programa de clasa a IX-a a studiului…
Ministerul Educației și Cercetării organizează webinare dedicate implementării și pilotării planurilor-cadru alternative la liceu începând cu anul școlar 2026-2027, pe 2, 8 și 10 decembrie, la care pot participa directorii…
Toate școlile din municipiul Câmpina ar urma să fie închise marți, 2 decembrie, după ce orașul se află de peste 48 de ore fără apă potabilă și menajeră. Propunerea a…
Domeniul spațial „efectiv se dorește să se închidă” în România, apreciază Sorin Zgură, cercetător științific grad 1 și fost director al Institutului de Științe Spațiale (ISS), într-o declarație acordată Edupedu.ro…De la 1 ianuarie, dacă consiliile locale vor aproba majorările propuse de ApaVital, metrul cub de apă furnizată la robinete va costa 11,81 de bani (față de 10,28 lei acum, cu TVA). De asemenea, pentru serviciul de canalizare va fi perceput un cost de 11,69 lei/mc (9,97 lei în prezent), scrie ziaruldeiasi.ro „Planul tarifar și […]
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Hidroenergia a salvat România în ultimele 24 de ore de la colapsul sistemului energetic, după incidentul de la Barajul Paltinu şi oprirea Centralei Electrotermice de la Brazi, exact în momentul în care vântul şi soarele au dispărut complet din balanţa electroenergetică naţională, susţine preşedintele Asociaţiei Energia Inteligentă (AEI), Dumitru Chisăliţă, transmite Agerpres. „Aceasta este realitatea […]
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Compania maghiară MOL (MOLB.BU), deschide o nouă filă, a comunicat oficialilor americani că este interesată să cumpere activele internaționale ale companiei petroliere ruse Lukoil (LKOH.MM), deschide o nouă filă, sancționate, au declarat trei surse familiarizate cu acest subiect, alăturându-se astfel unei liste tot mai lungi de concurenți, relatează Reuters. Statele Unite au impus sancțiuni celui […]
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Pompierii din cadrul Inspectoratul pentru Situații de Urgență „Mihail Sturdza” Iași au intervenit joi după-masa pentru gestionarea unui accident rutier produs în municipiul Iași, pe strada Palat, în zona Pizzeriei Domnești. În eveniment au fost implicate un tramvai, un autoturism și o autoutilitară. La momentul apelului nu au fost anunțate victime. La locul solicitării s-au […]
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Antique Market III and the Christmas Gift Fair Opened Today at ROMEXPO Today, December 4, Antique Market III and the Christmas Gift Fair opened at ROMEXPO—two complementary events dedicated to those looking for objects with a story, authentic pieces, and inspired gifts for the winter season. For four days, Pavilion...
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Bitcoin back below $90,000. Klarna launches its USD stablecoin Bitcoin has dipped on Monday morning is currently back below $90,000, with liquidations of long perpetual futures positions being cited as the reason for the fall. The dip could be short lived however, as markets have been gaining momentum recently due...
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Bucharest Stock Exchange introduces the Corporate Governance Committee Bucharest Stock Exchange introduces its Corporate Governance Committee, strengthening its governance structure in line with updated regulatory provisions. The Committee will support the implementation and monitoring of the revised 2025 Corporate Governance Code, helping issuers enhance transparency, accountability and governance practices. The...
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Chocolate is still expensive despite cocoa prices plummeting With the Winter holidays approaching, chocolate will be part of the gifts that people will find in their boots or under the tree this month. But this year, it will be more expensive for St. Nicholas and Santa to bring it. While...
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The Coca-Cola Caravan Hits the Road Again, Bringing Holiday Magic Across Romania! 28 November 2025, Bucharest Every winter, the Coca-Cola Caravan brings the energy and excitement of the holiday season to cities across Romania. In 2025, the legendary red trucks, adorned with festive lights, are back to officially mark the...
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Colliers: Romania surpasses the 5 million square metres threshold of modern retail space Romania’s modern retail market continues to expand, exceeding the threshold of 5 million square metres of leasable retail space in 2025, according to Colliers data. The approximately 190,000 square metres delivered this year have further consolidated a......
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Cris-Tim Family Holding S.A. (BVB: CFH), the market leader in cold cuts and ready-meals in Romania, reports revenues of RON 853.1 million for the first nine months of 2025, a 3% year-on-year (YoY) increase, supported by 5% growth in the Cold Cuts segment and a strong 21% advance in Ready...
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Defence Minister’s meeting with his Moldovan counterpart On Monday, December 1st, the Acting Minister of National Defence, Radu Miruțǎ, had a working meeting with the Minister of Defence of the Republic of Moldova, Anatolie Nosatîi, on the occasion of the Moldovan dignitary’s participation in the celebration of Romania’s National Day.......
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Digital Press Briefing: BG Curtis King, Commanding General, 10th Army Air and Missile Defense Command and COL Christopher Hill, Sr., Director, Global Tactical Edge Acquisition Directorate (GTEAD) MODERATOR: So good afternoon everyone from the State Department’s European Regional Media Center, or the Brussels Hub. I would like to welcome everyone......
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Direct Charter Flights from Bucharest to Ras Al Khaimah: Your Winter Escape to the UAE By Mihai Manea – Travel Journalist & Storyteller at Nine O’Clock Starting this December and continuing through April 2026, Romanian travelers will have access to a direct charter flight from Bucharest to Ras Al Khaimah International Airport,...
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Economic Optimism Edges Down and Company Outlook Improves, AICPA and CIMA Survey Finds – Hiring outlook remains stable – Company outlook improves to 41% from 37% – Economic optimism slips from 34% to 28%, domestic conditions and inflation top concerns Business executives report lower optimism about the U.S. economy......
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Euroccoper: 5% of net profit distributed to employees Euroccoper, a Romanian company with Italian capital, specialized in customs activities and integrated logistics, announces an initiative that transforms it into one of the first companies in Romania to adopt a model of direct profit redistribution in favor of its own employees:...
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Fabrica de Profile strengthens its management team by appointing Valentin Ivănescu as CEO Fabrica de Profile (FDP), one of the most important Romanian producers of decorative profiles, architectural details and design solutions for both interior and exterior spaces, appoints Valentin Ivănescu as Chief Executive Officer (CEO), marking a new stage......
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Fondul Proprietatea expresses deep disappointment after rejection of corporate governance proposals at CNAB General Shareholders Meetings Franklin Templeton International Services S.À R.L., Bucharest Branch, acting as Sole Administrator and Alternative Investment Fund Manager (AFIA) of Fondul Proprietatea SA (“the Fund”), expresses its profound disappointment following the recent General Shareholders......
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Foreign Minister Oana Țoiu Participates in the OSCE Ministerial Council in Vienna Oana Țoiu, Minister of Foreign Affairs, is attending the 32nd meeting of the Ministerial Council of the Organization for Security and Co-operation in Europe (OSCE), taking place in Vienna on 4–5 December 2025. The event is being held......
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Gold investments in Romania: digital gold, physical gold and gold ETFs – what investors need to know Physical investment gold is the only fully regulated gold investment in Romania International trends confirm rising interest in gold-backed financial products In October 2025, gold ETFs recorded worldwide net inflows of 8.2......
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Greenvolt Next delivers 4MW solar farm for Sanofi in Ireland Greenvolt Next develops a 4 MW solar PV plant for global biopharmaceutical company Sanofi in Waterford, Ireland. The project is already in operation, generating nearly 3.2 GWh of renewable electricity per year and enabling the avoidance of around 950 tonnes...
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HORIZON CITY | The New Residential Anchor of Northern Bucharest HORIZON CITY, a €130 million residential project, is emerging as one of the most solid and forward-thinking developments in the Pipera area—both through its scale and through the modern direction it sets for the new residential standards in the north....
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Historical Discovery for the Christian world in İznik, Türkiye One of the most important recent discoveries from the Early Christian period was unearthed in the district of İznik, Bursa, in the southern Marmara region of Türkiye. A unique tomb chamber with a depiction of ‘Good Shepherd Jesus’ on its...
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Leonardo Badea, First Deputy Governor of the National Bank of Romania: Fiscal policy and financial stability in the current context The link between fiscal policy and financial stability from the perspective of the crowding out effect, under conditions of fiscal dominance, has become a topic of interest for both academia...
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Liziera de Lac has now the first robotic store in the country, 100% Romanian and available 24/7 The residential complex strengthens its mix of premium facilities by integrating an automated shopping service for residents The first robotic store in the country and available 24/7 was inaugurated in Liziera de Lac,...
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MET Analysis: What should energy markets expect from this winter? Specialists expect this winter to be warmer (by 1.0 to 1.5 degrees Celsius) than last winter – with lower gas demand, both in Europe and in Asia. In Romania, the first ANM forecast indicates a winter season starting with...
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Dear Romanians, Romania is going through a time when we must make difficult decisions. Each of us feels the changes, but we want to be honest: it is not easy for anyone, and we must all contribute to a stronger and more responsible country. On National Day, we do not......
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Nearly 1 billion euros could reach children and parents from disadvantaged backgrounds for health and education programs Each year, less than 10% of companies direct 20% of their corporate income tax to non-governmental organizations. If all companies used this mechanism, the total amount would exceed 900 million euros, funds that......
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Nhood Romania strengthens management team with the appointment of Mihaela Petruescu as Country Director for Property Services Romania & Poland Nhood, an integrated real estate services and solutions company present in 10 European countries, including Romania, has appointed Mihaela Petruescu as the new Country Director for Property Services Romania......
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Nine O’Clock most important news in brief on Wednesday, December 3, 2025 Chocolate is still expensive despite cocoa prices plummeting: https://nineoclock.ro/2025/12/03/chocolate-is-still-expensive-despite-cocoa-prices-plummeting/ Bitcoin back below $90,000. Klarna launches its USD stablecoin: https://nineoclock.ro/2025/12/03/bitcoin-back-below-90000-klarna-launches-its-usd-stablecoin/ Fabrica de Profile strengthens its management team by appointing Valentin Ivănescu as CEO: https://nineoclock.ro/2025/12/03/fabrica-de-profile-strengthens-its-management-team-by-appointing-valentin-ivanescu-as-ceo/ Nhood Romania strengthens management team...
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Numismatic issue: special sheet consisting of four banknotes with face value of lei 20 Starting 1 December 2025, the National Bank of Romania launches, for numismatic purposes, a special sheet consisting of four banknotes with face value of lei 20. Each special sheet contains four banknotes with face value of......
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Dear Romanians, The Great Union of 1918 is, I believe, the most beautiful moment of our national history. It is the foundation of today’s Romania, it is the memory of the great sacrifices in the First World War and it is a permanent lesson of Romanian solidarity. December 1 urges......
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Prime Minister Ilie Bolojan’s official visit to Austria Ilie Bolojan, Prime Minister of Romania: Mr. Chancellor, Distinguished guests, Dear Romanians, I am honored to be here this evening in Vienna, together with you and alongside the Federal Chancellor, to mark Romania’s National Day. I would like to thank the Romanian......
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Romania Takes Over the Presidency-in-Office of the Central European Initiative (CEI) for 2026 On 26 November 2025, in Belgrade, the meeting of foreign ministers from CEI member states took place, organized by Serbia as the CEI Presidency-in-Office.The event was held under the theme Strengthening the region through connectivity, innovation, and......
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llie Bolojan: Presidents, ladies and gentlemen, Members of Parliament, The Government is assuming responsibility for the draft law on the service pensions of magistrates, given that, as you know, the Constitutional Court, by a vote of 5 to 4 at the first attempt, considered that the 10-day waiting period for...
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On Monday, December 1st, State Secretary for Defence Policy, Planning and International Relations, Sorin-Dan Moldovan, participated in the Foreign Affairs Council Meeting in the EU defence ministers’ format (FAC Defence), in the Kingdom of Belgium. The agenda of the debates included increasing the European Union’s support for Ukraine and the......
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The Chief of Defence Staff received the visit of his Turkish counterpart The Chief of Defence Staff, General Gheorghiță Vlad, had a meeting with his Turkish counterpart, the Chief of the General Staff of the Armed Forces of the Republic of Turkey, General Selçuk Bayraktaroğlu, who is paying an......
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The contract for the acquisition of the HISAR Class Corvette from the Republic of Türkiye has been signed The signing ceremony of the intergovernmental contract for the acquisition of the HISAR class corvette from the Government of the Republic of Türkiye took place on Wednesday, December 3rd, at the......
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The “Women in Economy” Gala Arrives in Paris • December 1, 2025, Hôtel de Ville – Paris: CONAF, together with the Embassy of Romania in the French Republic, the Consulate General of Romania in Paris, and with the support of the Permanent Delegation of Romania to UNESCO, the Romanian Cultural...
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Today’s edition of The digital replica of the printed Nine O’Clock newspaper – No.8240 dated Wednesday, 03 December 2025 Leonardo Badea, First Deputy Governor of the National Bank of Romania: Fiscal policy and financial stability in the current context Prime Minister Ilie Bolojan’s message on December 1, National Day of...
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U.S. Embassy and Maramureș Village Museum Celebrate Completion of Wooden Church Restoration Project in Sighetu Marmației By Nine O’Clock on December 3, 2025 The U.S. Embassy in Bucharest and the Maramureș Village Museum “Mihai Dăncuș” are pleased to announce the successful completion of the restoration project for the museum’s historic...
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U.S. Secretary of State Marco Rubio Sends National Day Message to Romania On the occasion of Romania’s National Day, U.S. Secretary of State Marco Rubio issued a message congratulating the Romanian people and highlighting the growing strength of the partnership between the two countries. In his official statement, Rubio......
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US companies outshine the European ones in both earnings and revenue growth After a promising start to the year, European companies are once again lagging behind their US counterparts, mainly due to the gap in the technology sector. The third quarter earnings season revealed a stark contrast between the performance...
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Vodafone and the Vodafone Foundation Donate Equipment Worth EUR 150,000 to Salvamont Romania • The donation includes a complete kit — an aerial intervention drone equipped with AI and thermal imaging — for every county and local public Salvamont service in Romania.• Salvamont Romania already uses more than 150 aerial...
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Why Ras Al Khaimah is Perfect for Romanian Travelers By Mihai Manea – Travel Journalist & Storyteller at Nine O’Clock Ras Al Khaimah, the northernmost emirate of the United Arab Emirates, welcomed me with a fascinating blend of luxury, nature, and authenticity. Far from the crowds of Dubai and Abu Dhabi, this destination...
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1 decembrie 2025, Hôtel de Ville – Paris: CONAF, alături de Ambasada României în Republica Franceză, Consulatul General al României la Paris și cu sprijinul Delegației Permanente a României pe lângă UNESCO, Institutului Cultural Român din Paris, Cercului profesioniștilor români din Franța, Primăriei Paris, reprezentanței CONAF Franța și Institutului Național...
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eMAG Celebrates 24 Years of Innovation in Ecommerce: One in Two Online Shoppers in the Region Is an eMAG Customer • Since the launch of eMAG Marketplace in Bulgaria and Hungary, Romanian entrepreneurs have exported products worth approximately 2 billion lei• Card payments on eMAG have grown from under 0.1%......
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The European Commission has approved, under the EU Merger Regulation, the acquisition of sole control over ArcelorMittal Tubular Products Iași (AMTP Iași) by Metinvest B.V. of the Netherlands, part of the Ukrainian steel and mining group owned by Rinat Akhmetov, New Voice of Ukraine reported last week. Metinvest has also submitted an offer for the takeover of the Liberty Galați steel plant, Romania’s largest steel producer.
The deal concerns the production of small welded carbon steel pipes and was assessed under the Commission’s simplified merger procedure. Brussels concluded that the transaction does not raise competition concerns due to the limited combined market share of the companies involved.
ArcelorMittal Tubular Products Iași is a relatively small producer of welded pipes and hollow sections. For Metinvest, which previously operated significant welded pipe capacity at the now-destroyed Ilyich Iron and Steel Works in Mariupol, the Romanian asset provides an opportunity to rebuild and extend its value chain into finished tubular products inside the EU.
Metinvest already owns several rolling mills in the EU, including Promet Steel in Bulgaria, Trametal and Ferriera Valsider in Italy, and Spartan UK in Britain. Earlier this year, the group launched a new steel mill project in Piombino, Italy, in partnership with engineering firm Danieli.
According to NV Business, the acquisition of AMTP Iași may represent the first stage of a broader expansion strategy in Romania, where Metinvest is also seeking to acquire the Liberty Galați plant.
iulian@romania-insider.com
(Photo source: Vichaya Kiatyingangsulee/Dreamstime.com)
Alt.Real and RongoDesign have been named the winners of the 2025 Romania ClimAccelerator in the Seed Stage category, the organizers announced. The program is dedicated to supporting early-stage climate-focused startups.
This year’s accelerator selected 25 startups split between two tracks: 10 in the Pre-Seed Stage for early teams with a validated idea and 15 in the Seed Stage for companies with a working prototype.
The Seed Stage finalists presented their solutions during Demo Day on November 17 in front of an audience of investors, partners, and representatives of the local innovation ecosystem. In an exceptional decision, two winners were chosen.
Alt.Real is developing an integrated ecosystem aimed at speeding up the transition to green energy by combining digital tools, education, and technical expertise to support the adoption of safe and efficient solar systems in homes and SMEs. The startup aims to become a leader in decentralized energy communities where households, businesses, and institutions produce and exchange renewable energy locally.
RongoDesign creates sustainable materials from mycelium using agro-industrial waste to offer natural alternatives to plastic and polystyrene. The company also won the 2025 edition of the “Românii sunt Antreprenori” competition.
Startups were evaluated based on six criteria: problem definition, innovation, market potential, business model, team competencies, and expected social, economic and environmental impact.
Each winner received a place in the six-month Startup Impact Lab program, free access to Impact Hub Bucharest events, and an extended promotion package. They will also benefit from coworking space access, mentorship sessions, and priority entry to future accelerator programs.
The audience award went to Verde CBD Pharma, whose founder, Ciprian Boboia, presented prefabricated hempcrete panels designed to replace brick or concrete blocks in sustainable home construction.
irina.marica@romania-insider.com
(Photo source: press release)
The European Bank for Reconstruction and Development (EBRD) is lending up to EUR 29.9 million to the Romanian city of Brasov to finance energy efficiency upgrades in public buildings, initiating the city’s participation in the Bank’s flagship EBRD Green Cities programme.
The Bank’s investment will fund the renovation of up to 20 public buildings, including educational and administrative facilities. The renovations will include measures such as thermal insulation and structural improvements, installation of heat pumps, and upgrades to building systems to improve their energy and resource efficiency.
With this project, Brasov becomes the seventh Romanian city to join EBRD Green Cities, which helps cities identify and address their urban development challenges.
As a next step, the Bank will help Brasov develop its Green City Action Plan, which will set out priorities for future green investments and policies to address the city’s most pressing climate and environmental concerns.
iulian@romania-insider.com
(Photo source: Sorin Colac/Dreamstime.com)
George Smyth, 18, went missing on a hike near Romania’s famous Bran Castle more than a week ago. On November 23, the British citizen started to suffer from hypothermia and exhaustion and called the emergency services.
Trying to locate him, mountain rescue services conducted searches over the next few days but were only able to locate his backpack. Inside were equipment and supplies.
“The backpack had quite a lot of equipment in it, including a sleeping bag and a tent. My colleagues even found food all around. So we don’t understand what happened and where he could have gone,” said Sebastian Marinescu, director of Salvamont Brasov, cited by The Independent.
Last Friday, November 28, Salvamont Brasov made George Smyth’s image public and asked for information at the request of his family. The young man had recently started studying at the University of Bristol, and his mother, Jo, flew to Transylvania to support the search for her son.
According to his family, he left without telling anyone that he was hiking alone. Rescuers say he set off from the Poiana Brasov neighbourhood and started hiking towards Bran, a village known for its castle suggested to be the home of Dracula. However, he reached Tiganesti Valley, where he made the call to rescue teams.
Another search party, including 20 mountain rescuers, was mobilized to look for the boy over the weekend. However, snow of up to 2 meters delayed the search. Thermal imaging cameras, sniffer dogs, and a Black Hawk helicopter were used by rescuers to reach inaccessible parts of the mountain.
"Despite sustained efforts, he has not been located so far, although search operations have been carried out daily, with resources constantly adapted to the conditions in the field,” Salvamont Brasov said.
(Photo source: Salvamont Brasov on Facebook)
The Conservation Carpathia Foundation has been awarded the Order of Merit of Germany for its long-term conservation work in Romania’s Făgăraș Mountains. Its executive directors, Barbara and Christoph Promberger, received the distinction from president Frank-Walter Steinmeier during an official ceremony held on December 1 at Schloss Bellevue in Berlin.
The ceremony honored 20 individuals whose work has had a significant impact across Europe, including projects focused on communities, intercultural dialogue, and environmental protection.
The foundation said its project to create the Făgăraș Mountains National Park, one of the largest efforts to restore and protect mountain ecosystems in Europe, was the basis for this distinction.
“Barbara and Christoph Promberger stand out for their exceptional contribution to the conservation of Romania’s forests and the unique biodiversity of the region. Through the Conservation Carpathia Foundation, they have purchased forests to protect them, work closely with local communities to create the Făgăraș Mountains National Park, and lay the groundwork for sustainable development at the regional level. More than 4.5 million seedlings have been planted thanks to the foundation’s work, and its social projects for local residents demonstrate the economic potential of responsibly managed forests,” reads the official motivation.
“The foundation plays an important role in monitoring and conserving bear, wolf, and lynx populations in the Carpathians, and by reintroducing other species, it brings the region closer to a fully restored fauna. At the same time, the couple strengthens cooperation between Romania and Germany, particularly with the Bavarian Forest National Park, facilitating the exchange of expertise among specialists.”
In a joint statement, Barbara and Christoph Promberger said they were honored to receive the award, calling it recognition not only of their work but also of all those involved in protecting the Făgăraș Mountains. They added that the distinction also reinforces international cooperation between Romania and Germany in conservation.
The Order of Merit, established in 1951 by president Theodor Heuss, is Germany’s highest civilian honor and acknowledges outstanding contributions to society, culture, science, the environment, and European cooperation. Previous Romanian recipients include Elie Wiesel, Andrei Pleșu, Mircea Eliade, George Emil Palade, and Ana Blandiana.
irina.marica@romania-insider.com
(Photo source: Facebook/Conservation Carpathia)
Real estate developer Globalworth has begun construction on Green Court D, the fourth building in its Green Court office complex in Bucharest’s Aurel Vlaicu area. Scheduled for completion in 2027, the project is now in its preliminary phase, which includes enclosure works and excavation for the basement structure, the company said.
The new building will provide around 16,500 square metres of modern office space across a ground floor and 11 upper levels, supported by three underground parking levels.
The company said Green Court D is set to become its most technologically advanced and energy-efficient building to date. The project has already secured a 30% pre-lease rate.
The building will incorporate a range of high-efficiency systems, including a geothermal installation with 19 wells drilled to 125 metres, heat pumps, air-cooled chillers with Free-Cooling and low-impact R1234ze refrigerant, and air handling units with advanced heat and humidity recovery.
It will also feature a 168 kWp photovoltaic system - the most powerful in the Globalworth portfolio - full LED lighting, EC-motor fan coils, and a surveillance system using video analytics.
The new building is set to achieve LEED Platinum certification, the standard of excellence for green buildings worldwide. At the same time, Green Court D is targeting WELL Health & Safety and Access4you certifications.
In the first half of 2025, Globalworth Romania invested about EUR 20 million in upgrades across its existing portfolio to increase efficiency, reduce emissions, and improve comfort for tenants.
irina.marica@romania-insider.com
(Photo source: press release)
Auction house Artmark announced a major auction for this winter featuring an engraving created by Francisco Goya, the most important Spanish artist of the late 18th and early 19th centuries. Romania's late communist leader Nicolae Ceaușescu received this gift from King Juan Carlos I as a gesture of diplomacy.
The engraving entitled “The Engagement – Capricho no. 57,” is part of the “Los Caprichos” (“The Caprices”) series. It was a personal gift received by communist dictator Nicolae Ceaușescu from the King of Spain, Juan Carlos I of Bourbon, around the years 1979–80.
Following the 1989 revolution, the engraving was transferred to the administration of the National Museum of Art of Romania. It was returned to the heiress, Zoia Ceaușescu, in 2012.
Another Eastern European leader, Josip Broz Tito, the former president of Yugoslavia, also received copies of the “Caprices” series from Enrique Galvan, president of the Spanish Socialist Party. The artworks are now held at the Museum of Yugoslavia in Belgrade.
The engraving auctioned by Artmark has a starting price of EUR 8,000. According to the auction house, “similar Goya works have been sold for tens of thousands of euros.” The auction is set to take place on Tuesday, December 16.
In the same Artmark auction, collectors also have access to works of Romanian art, such as a classic nude signed by Nicolae Grigorescu titled “At the Spring” and painted around the 1860s, with a starting price of EUR 50,000, as well as a painting signed by Nicolae Vermont, “Young Enescu in Recital” (1927), with a starting price of EUR 5,000.
In total, Artmark’s winter auction features 195 pieces by Nicolae Tonitza, Theodor Aman, Camil Ressu, Ștefan Luchian, Octav Băncilă, Samuel Mützner, Theodor Pallady, Ion Țuculescu, Corneliu Baba, Constantin Piliuță, Ștefan Câlția, Felix Aftene, and Adrian Ghenie.
(Photo source: press release)
The HALO Events Center in Bucharest is set to open the largest event space in Europe equipped with a 360° panoramic LED display within the Romexpo complex. The new location is designed for large-scale, fully digitalized events, and it is the result of an EUR 4 million investment.
The venue has a maximum indoor capacity of 4,600 people and features three distinct halls: Glow LED 360, Orbix Lounge, and Nexus Hall. The halls can be customized based on the type of event (conference, product launch, cocktail, parties, etc.).
The total area is 2,371 sqm, to which an additional 2,000 sqm outdoor terrace will be added next year.
“The HALO Events concept started from a need identified in the local events market: Bucharest does not have enough versatile spaces capable of supporting diverse concepts,” said Mihai Cima, partner and founder of HALO Events.
The three halls of the HALO Events Center highlight minimalism and state-of-the-art technology. The focal point is the Glow LED 360° hall, equipped with a 465 sqm panoramic screen and a resolution of over 38 million pixels, similar to the technology used in Olympic Games stadiums, the company said.
HALO’s 360° panoramic LED system is the result of a Romanian entrepreneurial initiative.
(Photo source: Halo Events Center on Facebook)
Romanians have the highest level of trust in others in the European Union, according to the most recent Eurostat data for the year 2024, ahead of the usual leader of the ranking, Finland.
The indicator ‘trust in others’ measures a person’s trust in people they do not know on a scale from 0 (‘I have no trust at all’) to 10 (‘I have complete trust’). The measurement is important since interpersonal trust represents an essential indicator for the quality of social relationships and for the way a society functions, according to Eurostat methodology.
In Romania, the average level of trust reached 7.3 in 2024, above the European Union average of 5.8.
The figure is not a surprise. Romania’s evolution in recent years has been a constantly upward one. In 2013, Romanians had an average trust level of 6.4. After a strong jump in 2018 to 7.0, the indicator continued to grow, reaching a peak of 7.7 in 2021. In the following years, the values stabilized around the range of 7.1–7.3, indicating a sustained level of trust that is rarely encountered in the region.
Finland and Poland are also in the upper part of the European ranking, with values of 7.0 or above. At the opposite end are countries such as Cyprus, France, Lithuania, Slovenia, and Greece, where scores drop below 5.
Overall, young Europeans aged between 16 and 29 tend to have a higher level of trust in others than the general population. In 2023, the EU average for this category was 6.1, compared to 5.8 for the population as a whole.
Romania stands out clearly in this regard as well. In 2023, Romanian young people (16-29) had the highest level of trust in the entire Union, with a score of 7.7, surpassing Croatia (7.2) and Poland (7.0). Last year, Romania’s youth scored even higher, with 7.8, the highest value recorded by any member state.
(Photo source: Radub85 | Dreamstime.com)
FEPRA has opened new PET and glass recycling facilities in Brad, Hunedoara county, an initiative expected to boost the recycling capacity of both the region and Romania. The two units, inaugurated on December 1 in the presence of local authorities, come as Brad–Hunedoara continues to search for long-term economic alternatives after years of industrial decline.
The new PET recycling plant has a monthly capacity of up to 3,000 tonnes, while the glass facility can process up to 2,300 tonnes of packaging waste per month. Together, they will generate 56 jobs in the area, according to the company.
The project is also expected to contribute to national efforts to increase recycling rates by reducing the amount of PET and glass waste sent to landfills and by strengthening local processing chains.
Further on, FEPRA plans to add a textile recycling line at the same site, responding to growing concerns across Europe over how textile waste is managed.
“Through the two PET and glass recycling factories, and through the future textile line, we aim to demonstrate that the circular economy can create jobs, bring stability, and generate added value,” said Ionuț Georgescu, CEO and founder of FEPRA.
irina.marica@romania-insider.com
(Photo source: press release)
Fitch Ratings has affirmed the long-term Issuer Default Rating (IDR) of Romania-based, state-owned bank CEC Bank at BB/stable, its Viability Rating (VR) at bb, and Government Support Rating (GSR) at b, based on the bank's moderate, albeit strengthening, business profile, adequate capitalisation, and reasonable funding and liquidity. This puts the Romanian bank's rating two notches below the sovereign rating (BBB-/negative), in the non-investment area.
The positive factors partly offset its asset quality and profitability, which are weaker than its larger Romanian peers, the rating agency argued.
CEC's risk profile is commensurate with its simple business model. Its underwriting standards are broadly in line with domestic industry norms, but lending approvals are partly decentralised, and risk controls are fairly unsophisticated, Fitch explained.
The bank's VR and IDRs have headroom to absorb a potential one-notch downward revision of the Romanian banks' operating environment score, which would most likely be driven by a sovereign downgrade. However, CEC's ratings would likely be downgraded if its common equity Tier 1 ratio weakened to below 15% for an extended period and if a sharp increase in impairment charges eroded operating profitability.
The bank's VR and IDRs could also be downgraded if the bank's risk appetite increases materially, which may be reflected in rapid business expansion and lending growth that materially weakens asset quality.
CEC is a medium-sized, state-owned bank, operating a universal business model. Lending is primarily to non-retail borrowers and includes large exposure to public-sector entities. Funding largely comprises granular retail deposits.
iulian@romania-insider.com
(Photo source: Lcva/Dreamstime.com)
HORIZON CITY, a €130 million residential project, is emerging as one of the most solid and forward-thinking developments in the Pipera area—both through its scale and through the modern direction it sets for the new residential standards in the north. Developed across nearly 23,000 sqm, with 699 apartments and 926 parking spaces, the project brings together connectivity, functionality and a balanced approach to residential comfort.
Located on Pipera Boulevard, in a district where the residential market has matured significantly, HORIZON CITY benefits from close proximity to business hubs, international schools, medical clinics, extensive retail and strategic road infrastructure. Connectivity has become a decisive factor for buyers and investors alike, and the project aligns naturally with this market evolution.
“Connectivity and easy access to infrastructure are key decision drivers today. HORIZON CITY responds to this market maturity through its positioning, planning and a concept built around the real needs of the northern area,” says Cătălin Apetri, Development Director, Horizon City.
The 699 apartments are integrated within a masterplan designed around natural light, efficient layouts and immediate access to essential facilities. Two levels of underground parking and modern vertical infrastructure support an optimal flow throughout the development, while the construction solutions prioritise durability, efficiency and reduced maintenance costs—critical elements in a market increasingly focused on stability and predictability.
“We focused on long-lasting solutions, high comfort levels and a strategic location that serves the needs of a dynamic community,” adds Cătălin Apetri, Development Director, Horizon City.
The development comes at a favourable urban moment, marked by several significant public investments. Among them is the upcoming suspended passage on Petricani Road, a project expected to improve traffic and enhance mobility in the area. Nearby, the local authority has budgeted the development of a public parking facility, a commercial centre and a multipurpose hall, completing the wider urban ecosystem around HORIZON CITY.
Against this backdrop, representatives of North Bucharest Investments highlight the project’s commercial potential:
“Infrastructure upgrades and the area’s momentum significantly increase the project’s attractiveness. At the pre-sales stage, we are seeing strong interest from both buyers and investors. For them, HORIZON CITY means accessibility, appreciation potential and a stable option in a market seeking secure, well-positioned developments.”
In a market that has matured and places a stronger emphasis on predictability, HORIZON CITY stands out through responsible development, self-financing without bank exposure and a community-oriented vision. The project embraces a people-centric philosophy, with design decisions guided by real residential needs: generous natural light, functional architecture, seamless access to infrastructure and integration within a high-potential growth area.
Sustainability is embedded structurally into the project—through the materials used, the efficiency of technical solutions and the focus on long-term cost effectiveness.
HORIZON CITY champions a balanced approach to comfort and quality, within a community shaped by sustainability and a contemporary lifestyle.
For a market driven by safety, long-term value and clarity, HORIZON CITY is not just a residential option—it is a new benchmark of trust in northern Bucharest.
*This is partner content.
Romanian developer IULIUS announced that it secured a syndicated loan facility amounting to over EUR 305 million for its Palas Iași mixed-use complex. The financing is provided by a consortium made up of Erste Group Bank Austria, BCR, Raiffeisen Bank Romania, and Raiffeisen Bank International Austria.
The loan will support the remodelling of Palas Iași and provide capital for other IULIUS developments currently underway.
Palas Iași, opened in 2012, is Romania’s first large-scale urban regeneration project and one of the most visited mixed-use complexes in the country, recording more than 22 million visits last year.
“For this project, IULIUS got a refinancing of more than EUR 305 million, representing the first unitary loan granted to a portfolio of multiple buildings with various functions – retail, office, entertainment, events center – integrated into a mixed-use project,” reads the press release.
The refinancing follows a year of significant fundraising for the company. In 2025, IULIUS attracted over EUR 700 million in total financing, including a EUR 400 million green loan for the RIVUS Cluj-Napoca development announced in May.
The developer has begun work on a major redesign of Palas Iași, based on a concept by Foster + Partners. Plans include reconfigured retail spaces, expanded store formats, new brands, improved natural lighting, and a reimagined connection with the nearby Palace of Culture.
The retail area will grow to 80,000 sqm, while the outdoor Palas Garden will be upgraded with new promenades, water features, and leisure zones. The complex’s events center, Congress Hall, will be relocated and rebuilt with four halls and a capacity of 1,000 seats.
Work has also begun on revamping the esplanade of the Luceafărul Theatre, one of the main access points to the complex, which will become a greener public space with restaurants, terraces, an outdoor amphitheater, and family amenities.
Underground extensions will allow for additional retail areas directly linked to the mall, the company said.
Palas Iași remains the largest real estate investment in Romania’s northeast, valued at more than EUR 320 million and bringing together retail, offices, hospitality, and leisure facilities around the city’s Palace of Culture.
IULIUS operates mixed-use projects and shopping centers in Iași, Timișoara, Cluj-Napoca, and Suceava, and is working on two major new regeneration schemes in Cluj-Napoca and Constanța.
irina.marica@romania-insider.com
(Photo source: the company)
The company continues the development strategy announced at the beginning of the year, expanding its client portfolio across critical sectors - banking, energy, manufacturing, and telecommunications, while strengthening its technology partnerships with global leaders such as IBM, HPE, Cisco, Microsoft, Dell, NetApp, Red Hat, and Pure Storage.
“You cannot build AI on top of infrastructural gaps. You need secure data, robust architectures, and a clear digitalization strategy. 2025 is the year when organizations understood that real digital transformation does not happen through isolated projects, but through a coherent and sustainable approach,” said Gabriel Tomescu, CEO of Inter Computer Romania.
Against the backdrop of rising requirements for digital compliance and cybersecurity, Inter Computer Romania has launched in 2025 a series of projects focused on modernizing IT infrastructures, integrating hybrid cloud solutions, immutable storage, and Quantum-Safe cryptography, as well as preparing platforms for future AI-ready operations.
These implementations offer companies scalability, efficiency, and operational resilience, in a context where digital transformation is becoming a prerequisite for competitiveness and where regulations such as DORA (Digital Operational Resilience Act) and NIS2 impose stricter standards for data security and traceability.
“We are seeing increased interest in AI-ready infrastructures and immutable data and governance solutions. The Romanian market has become far more technologically mature companies are now looking not only for performance, but especially for stability and compliance,” added Gabriel Tomescu.
Inter Computer Romania delivers end-to-end solutions for large organizations from assessment and consulting to implementation and operational support focused on technical efficiency, resource optimization, and reducing IT complexity. Through its collaborations with NBD (New Business Dimensions) and Pluridio, the company integrates both technical and financial expertise, building IT architectures that enable sustainable, future-oriented AI adoption.
A key component in recent projects is data immutability, essential for protecting critical information and ensuring compliance with European cybersecurity regulations. With an experienced local team and the support of over 250 specialists across Inter Computer Group in Central and Eastern Europe, the company continues to expand its presence in Romania through projects that strengthen digital resilience and contribute to the development of a secure and sustainable IT ecosystem.
“Our objective is clear: to become the leading IBM partner in Romania and one of the key players shaping the digital infrastructure of the local economy. The €5 million in signed contracts confirms that we are on the right track and that the market is ready for a new level of technological complexity,” Gabriel Tomescu emphasized.
Inter Computer Romania is part of Inter Computer Group (ICG), a company with more than 35 years of experience in IT systems integration, active across Central and Eastern Europe and an IBM Platinum Partner. The company provides IT infrastructure, cybersecurity, hybrid cloud, and digital compliance consulting solutions for large organizations in sectors such as banking, energy, manufacturing, and telecommunications.
*This is a press release.
Property developer M Core has opened M Park Orăștie, a new retail park developed on a 23,000 sqm plot in an established commercial area of the Romanian city. The project delivers around 5,500 square meters of single-level retail space, designed to accommodate a mix of fashion, homeware, electronics, and everyday essentials retailers.
The company said the new park is intended to strengthen its presence in key regional markets and expand its national portfolio of convenience-focused retail properties.
“This opening reflects the momentum across our portfolio and our confidence in the role convenience-led retail continues to play for communities and brands alike,” said Sebastian Macdonald-Hall, Co-CEO Romania and Chief Investment Officer (Europe), M Core.
The development includes energy-efficient building solutions and dedicated parking facilities, in line with M Core’s environmental requirements.
M Core is a family of property investment and management companies comprising LCP, Sheet Anchor, Proudreed, and Sheet Anchor Evolve. The group of businesses has a EUR 6.2+ billion portfolio of assets and employs roughly 600 people across Europe.
Over 1,050 assets are managed across the UK, France, Poland, Romania, Germany, and Spain.
irina.marica@romania-insider.com
(Photo source: the company)
Genesis College, one of the largest private educational institutions in Romania, announced the regulatory approval of the transaction through which the investment firm Mozaik Investments becomes its majority shareholder.
The transaction, signed at the end of July, received all necessary approvals from the Competition Council on November 25, and, formally, the entire investment procedure is completed, Profit.ro reported.
Mozaik will provide growth capital to accelerate the development of the educational network through investments in new campuses and the expansion of schooling capacity, as well as the development of the International Baccalaureate program, the company said.
The value of the projects to be implemented following the transaction is approximately EUR 30 million.
Genesis offers all educational levels, from kindergarten to high school. It is one of the few institutions in Romania accredited to carry out all three programs of the International Baccalaureate educational system.
iulian@romania-insider.com
(Photo source: Sarinya Pinngam/Dreamstime.com)
Roughly nine in ten Romanian employers plan to award Christmas benefits to their staff this year, according to a new survey conducted by leading online recruitment platform eJobs. The findings show that 89.7% of employers have prepared holiday perks for December, while 10.3% reported having no budget available for this purpose.
As in previous years, cash bonuses remain the most common type of holiday reward. 60% of surveyed employers said they will grant financial bonuses ahead of Christmas, 48% plan to organize an end-of-year team party, and 44% will offer gift vouchers or shopping cards.
Another 36% will distribute Christmas product baskets, 8% will give extra days off, 4% are preparing prize raffles, and an equal share will award holiday vouchers, the same survey said.
A third of employers allocated between RON 201 and 400 per employee for Christmas benefits, while 28% set aside between RON 401 and 600. Another 28% will spend more than RON 1,000 per employee.
Compared with last year, 84% said benefit values remain unchanged, while 8% increased their budgets and 8% reduced them.
“Even though 2025 has been a complicated year for many companies, marked by the impact of economic and fiscal changes, we see that most employers have decided not to cut their Christmas benefit budgets. The main reason cited is that these benefits help motivate and retain employees. They have become accustomed to this end-of-year tradition, and removing it could lead to dissatisfaction,” said Ana Călugăru, Head of Communications at eJobs.
“Interestingly, 12% use this method to reward performance, while 4% say they are offering it to compensate for not being able to provide salary increases this year,” she added.
According to the same survey, employees’ preferences reflect employers’ choices: 81% said they would most like to receive cash bonuses, followed by gift vouchers (32%), paid days off (28%), Christmas baskets (17.2%), and team parties (15.6%).
When asked what they consider an appropriate value for a Christmas benefits package, 38.1% indicated over RON 1,000, while 35.7% preferred a range between RON 500 and 1,000. Only 6.6% believe this year’s benefits will be higher than last year’s.
More than half of employees (52.3%) said they would feel underappreciated if they received no Christmas benefits. Another 26.6% would be disappointed but understanding given the economic climate, 11.1% would not mind if they receive sufficient perks throughout the year, and 10% said the decision would have no negative impact.
The survey was conducted in November and included responses from 115 employers and 950 employees.
irina.marica@romania-insider.com
(Photo source: Uladzimir Liubamirski/Dreamstime.com; AI generated)
PPC blue Romania, the electric mobility division of the PPC group, announced the expansion of its national charging infrastructure through the acquisition of the Hermes Flow network, adding 116 new charging points for electric vehicles. Most are located in the Bucharest-Ilfov region, with the rest in 10 other counties.
Once fully integrated, users will have access to a broader network of fast and ultra-fast stations, to be made gradually available in the PPC blue app, the company said.
The newly acquired charging points are located in Bucharest-Ilfov (72) and ten other counties, including sites at six Carrefour stores, 15 Romstal units, and several shopping centers. Of the 116 charging points taken over, 97 are fast and ultra-fast, with powers between 50k and 160kW.
The integration of the Hermes Flow stations into the PPC blue network and app will take place over the coming period, according to the company.
During the transfer, each station will be temporarily unavailable for approximately two to three hours. Until the integration is completed, the chargers will remain visible in the Hermes network before being added to the PPC blue map.
According to Ziarul Financiar, citing data from the Ministry of Finance, Hermes Flow ended 2024 with losses of nearly RON 700,000 on revenues of RON 1.7 million.
irina.marica@romania-insider.com
(Photo source: the company)
Developer Nusco announced on Thursday, November 27, that it has obtained the construction permit for Phase III of the Nusco City project, which will continue the development of one of the largest urban revitalization projects in Bucharest. Mirroring Phase II, this stage will consist of seven buildings with an estimated investment of over EUR 150 million.
Phase III of Nusco City comprises 836 apartments, 1,063 underground parking spaces, 1,600 square meters of commercial space, and a large interior courtyard. The development also continues the development of the tiny forest concept, which began in Phase II.
In total, Nusco City will feature a total green space of over 36,000 square meters, with more than 1,553 trees, 24,309 shrubs, and over 3,700 perennial plants and ornamental grasses. Specially designed green areas have been created with the expertise of the University of Agricultural Sciences and the Faculty of Horticulture, Department of Landscape Architecture, Biodiversity, and Ornamental Horticulture.
Construction has already begun, with an expected completion date by the end of 2029.
“This phase also marks the start of the development of the first Hyatt hotel unit in Romania, as well as the beginning of the construction of the first Medicana hospital in Romania,” said Michele Nusco, CEO of Nusco.
Nusco City was launched in the winter of 2020 and delivered its first phase to the community in Q2 2023, with 622 new residences. The second phase of the Nusco City urban regeneration project includes seven buildings with a total of 828 apartments and 1,033 underground parking spaces (double studios, two, three, and four-bedroom apartments, and exclusive duplexes), covering an area of 23,662 square meters.
The first three blocks of this phase are set to be delivered later this year (with 340 units and 447 parking spaces), while the next four buildings (with 488 apartments and 586 parking spaces) are under construction, with a completion deadline in the first half of 2026.
Spanning 23 hectares on the site of the former Pipera platform, Nusco City will accommodate a total of over 4,000 apartments, parks, tiny forests, green areas, and infrastructure, covering approximately 40% of the entire project area, along with educational units, a hospital, a hotel, dedicated commercial spaces, and office zones.
(Photo source: press release)
Cris-Tim Family Holding (BVB: CFH), the market leader in cold cuts and ready meals in Romania, reported revenues of RON 853.1 million (EUR 170 million) for the first nine months of 2025, a 3% y/y increase, supported by 5% growth in the Cold Cuts segment and a strong 21% advance in ready meals.
Profitability improved at a faster pace than revenues, with EBITDA rising 15% to RON 143.7 million and net profit increasing 30% to RON 82.6 million (EUR 16 million).
The company’s market capitalisation is RON 1.4 billion (EUR 280 million), resulting in a price-earnings ratio of under 13.
“Our first results as a public company underline a very clear direction: the business is growing, the fundamentals are strong, and the measures we took earlier in the year are delivering visible results. [...] This is the trajectory we outlined in the IPO: profitable growth, disciplined execution, and investments that strengthen the business for the long term.
Our priority now is to continue implementing our growth strategy by strengthening production capacity, deepening our logistics integration, and building the next chapter of Cris-Tim’s leadership in the Romanian food market,” stated Radu Timiș Jr., Chief Executive Officer at Cris-Tim Family Holding.
Throughout 2025, Cris-Tim advanced its long-term development plans. The Investalim program, one of the most significant industrial projects in the company’s history, has moved into the implementation phase, with construction of the new storage facilities beginning in November 2025. The program is set to modernise and expand production capacity in Filipeștii de Pădure, upgrade cold storage infrastructure, and create a more integrated logistics platform across categories.
At the same time, the company completed its Initial Public Offering in October 2025 on the Bucharest Stock Exchange and debuted on the Main Market of BVB on November 26. Through the IPO, Cris-Tim Family Holding secured additional capital to support its investment plan for the 2025–2030 period.
iulian@romania-insider.com
(Photo source: Facebook/Bursa de Valori Bucuresti)
Romania’s Craiova has been named the best Christmas market in Europe 2026 after securing a record number of votes in the annual competition run by European Best Destinations. The results were announced on Thursday evening, November 27, following a week of online voting.
This year, 803,258 travellers from 179 countries have voted and shared their passion on social networks to choose their favourite Christmas markets, according to the official announcement. The Romanian city gathered the most votes and outperformed 19 other European destinations, including major Christmas market hubs such as Paris, Vienna, Bruges, Prague, Zurich, Cologne, Frankfurt, or Riga.
According to the City Hall, Craiova secured 142,687 validated votes from more than 140 countries, finishing over 56,000 votes ahead of the second-place destination. Roughly 55% of all votes cast for the Romanian destination came from outside the country, with the strongest support arriving from the United Kingdom, France, Belgium, Germany, and Spain.
“Craiova has just achieved something remarkable: travellers from around the world have voted it Best Christmas Market in Europe, placing this Romanian city ahead of icons like Strasbourg, Vienna, and Dresden. It’s an extraordinary rise for a destination that now hosts the largest Christmas event in Europe in surface area - more than 280,000 square meters transformed into a luminous, festive world,” European Best Destinations said in its official release.
“This year, the city brings The Nutcracker to life with giant ornaments, oversized sweets, toy sculptures, and millions of sparkling lights that turn the centre into a dazzling open-air stage. The atmosphere feels both grand and warm, crafted with a level of detail that surprises even seasoned Christmas-market travellers. Craiova’s attractions add to the magic: Eastern Europe’s highest-flying Santa sleigh, a glittering ice rink, a panoramic Ferris wheel, and charming hand-painted chalets that give the whole experience a handcrafted, fairy-tale touch.”
Zurich Christmas Markets rank second in the European Best Destinations list, followed by Riga, Wonderland Lisboa, Debrecen, Govone & Asti, Valkenburg, Vienna, Montbeliard, and Paris.
The Craiova Christmas Market opened on November 14 and will welcome visitors until January 4, 2026.
irina.marica@romania-insider.com
(Photo source: Facebook/European Best Destinations)
A special ‘Silent Day’ event will be held at the Bucharest Christmas Market in Constituției Square on Wednesday, December 3, aimed at creating a quieter and more accessible environment for children with sensory disabilities. The initiative is designed to make the festive market manageable for children who may struggle with loud noise, bright lights, and crowded spaces.
From 13:00 to 17:00, ambient music and noise will be reduced to a minimum, and festive lighting will be dimmed to ensure a calm and safe atmosphere, the City Hall announced.
Children with disabilities will receive free access to the carousel, train rides, and the panoramic wheel, where suitable. Plus, they will have exclusive entry to Santa’s House between 14:00 and 16:00 for a quieter visit with Santa Claus.
Access will be allowed only when accompanied by a guardian, and participation in activities will depend on the child’s specific needs, as guided by specialized staff.
Teams from the Bucharest Directorate of Social Assistance will be present throughout the event to support children and parents.
irina.marica@romania-insider.com
(Photo source: Facebook/Primăria Municipiului Bucureşti)
Romania’s population could reach 14.36 million people in 2080, down from slightly over 19 million in 2025, which would mean a reduction of 4.6 million people, or almost a quarter of the population, according to an analysis carried out by the National Institute of Statistics (INS) in the study ‘Projection of Romania’s active population by the horizon of the year 2080,’ cited by Agerpres.
The projection is one of three versions, namely the ‘benchmark variant,’ which keeps unchanged the levels of fertility, life expectancy, and net migration recorded in 2024 for each county. This variant enables the comparison of results and evaluation of developments in the absence of significant demographic changes.
Conversely, the medium variant, considered the most probable, is based on recent trends of the main demographic components. The last variant, the optimistic one, is based on improved fertility and life expectancy and highlights the maximum level that could be reached under positive demographic conditions.
The coordinator of this publication, INS vice president Silviu Vîrva, stated that all scenarios show a decrease in the population, but the magnitude of the decline differs significantly according to the three variants.
The constant variant shows that Romania’s population would decrease from 19.036 million (2025) to 14.367 million (2080), meaning almost a quarter of the population lost. The medium variant shows that under conditions of a slight increase in fertility and an improvement in life expectancy, the population decrease would be 3.4 million people, the equivalent of a 17.9% decline compared to 2025.
Finally, the optimistic variant envisions a favorable scenario in which the population would decrease by only 1.92 million people, or about 10.1% of the current population.
“Regardless of the scenario analyzed, Romania’s population will continue to decline until 2080, and the scale of the decline varies between one-tenth and one-quarter of the current population,” according to the INS vice president.
(Photo source: Iakov Kalinin | Dreamstime.com)
Romania has begun work on a specialised production facility in Măgurele, near Bucharest, that will manufacture laboratory-grade mirrors and lenses, including components for the world’s most powerful laser hosted at the adjacent research centre, Digi24 reported. The investment amounts to almost RON 192 million (EUR 38 million), financed through the Ministry of Development.
Authorities said the new centre will be capable of producing high-precision mirrors valued at EUR 1 million each. The technology is supplied by Japanese partners, and the facility is expected to generate several million euros in annual revenue once fully operational.
The complex will employ dozens of specialists, both Romanian and Japanese, who will work on the production and repair of advanced optical elements used in high-energy laser systems.
At present, the optical components required for the Măgurele laser, including large-scale mirrors and custom lenses, are imported from Japan. Once the new plant becomes operational, these elements will be produced locally, reducing dependence on foreign suppliers and strengthening the technological base around the Extreme Light Infrastructure – Nuclear Physics (ELI-NP) facility.
Officials said the objective is to ensure strategic autonomy for the Romanian research sector by building the domestic capacity to manufacture and maintain optical parts essential for high-power laser physics.
“The goal of the new centre is to reduce dependence on imports,” Digi24 journalist Iulia Gurguță reported.
Construction is being carried out within the Măgurele scientific hub, which has grown into one of Romania’s most significant research clusters and hosts several institutions linked to the ELI-NP programme.
iulian@romania-insider.com
(Photo source: Facebook/Ministerul Dezvoltării, Lucrărilor Publice şi Administraţiei)
The Romanian government is examining amendments to the Oil Law that would allow the Trident offshore perimeter in the Black Sea, held 87.5% by Lukoil, to return to state ownership or be taken over by project partner Romgaz, which holds the remaining 12.5%, Profit.ro reported. The proposal is being reviewed as Romania aligns with United States sanctions targeting Russian energy interests, although the document indicates Romania’s commitment to UN and EU regulations.
A draft emergency ordinance published by the National Agency for Mineral Resources proposes changes enabling state-owned Romgaz to assume Lukoil’s majority stake in the Trident concession, as a result of the international sanctions against the Russian company. The measure would effectively remove Lukoil as the holder of the exploration and development agreement and reassign operational control to the Romanian company.
Government documents indicate that the preferred scenario is to annul Lukoil’s status as concessionaire and transfer its full stake to Romgaz.
The approach raises legal and financial risks for Romania, as Lukoil has invested substantial sums in the project over the past fourteen years. No compensation mechanism is currently outlined in the draft ordinance, prompting concerns over potential international litigation.
The Trident perimeter has been one of the more advanced deepwater exploration projects in Romania’s sector of the Black Sea. Lukoil has reported cumulative expenses of several hundred million dollars for exploration activities, including seismic surveys and drilling operations undertaken since it secured the concession. Industry analysts note that the absence of a reimbursement or buyout framework may be challenged under bilateral investment treaties.
Authorities argue that legislative adjustments are required to ensure compliance with Western sanctions regimes and to reduce exposure to Russian-controlled assets in strategic sectors. The government has not yet detailed how Romgaz would finance the takeover or how the shift in ownership would affect future development plans in the perimeter.
The draft ordinance remains under interministerial review, with further amendments expected before it is submitted to the cabinet for approval.
iulian@romania-insider.com
(Photo source: Curraheeshutter/Dreamstime.com)
Romania has chosen its first team to compete in the prestigious Bocuse d’Or Europe culinary competition, marking the country’s official entry into the global Bocuse d’Or circuit. Chef Vasilică Bejenaru, together with coach Liviu Preda and commis Andrei Fabian Lupoi, won the inaugural National Selection held last week in Brașov.
The team will represent Romania at Bocuse d’Or Europe 2026, scheduled for March in Marseille. Their performance impressed an international jury of renowned chefs and earned them two special awards: Best Platter and Best Commis, the latter awarded to Andrei Fabian Lupoi, the youngest competitor in the event.
Vasilică Bejenaru, Executive Chef at Kronwell Hotel Brașov and a medalist at the 2024 IKA Culinary Olympics, led the team through nearly six hours of continuous cooking. Coach Liviu Preda, who has more than 30 years of international experience, guided the strategy, while commis Lupoi supported the preparation and presentation of the dishes.
“I am deeply grateful to all my colleagues and, above all, to my family. Honestly, I didn’t want anything more from this competition than to show, together with all those who competed, that great things can be achieved in Romania. I knew it would be difficult, but we worked tirelessly, and we will continue to work even harder,” said Chef Vasilică Bejenaru.
Second place in the national selection went to the team led by Chef Bogdan Cozma of Black Barn Restaurant in Zărnești. The team was coached by Dadiana Munteanu, a double medalist in international competitions, with commis Miron Andrei Nicolae, Head Chef at D.A.R Events in Botoșani.
Third place was awarded to the team of Chef Emanuel Mocan, one of Romania’s most decorated young chefs. The team included coach Dragoș Bercea and commis Alexia Stan, a Culinary Business Management graduate from Manchester Metropolitan University and sous-chef at One Soul Brașov. The team also received the Special Award for Best Plate.
Chef Cezar Munteanu, President of ANBCT (National Association of Chefs and Pastry Chefs in Tourism) Romania and organizer of the national competition, said the event marked an important moment for Romanian gastronomy, noting the determination and emotion he witnessed among the competing teams.
The competition was judged by an international panel that included chefs with Michelin distinctions, Green Star recognitions, and experience in global culinary contests. Jury members included Svetlana Riškova, who served as president, Gianluca Tomasi, Frank Widmann, István Veres, Henrik Sebok CMC, George Crăciun, Nico Lontras, Joseph Hadad, Alex Iacob, and Peter Bartosz.
An honorary jury representing Selgros Romania, METRO Romania, and Balvanyos Resort also participated, expressing support for Romania’s entry into the Bocuse d’Or network.
irina.marica@romania-insider.com
(Photo source: the organizers)
Wind projects with a total capacity of almost 316 MW have been declared winners in the third auction under the Contracts for Difference (CfD) scheme, above the minimum threshold set by the Ministry of Energy, according to sources quoted by Economica.net.
The third auction was organised because of insufficient projects approved under the second auction.
The objective of the third CfD auction is to grant operating aid for 290 MW of new onshore wind renewable energy capacity, according to the auction announcement in October. The maximum strike price was then set at EUR 80/MWh. All qualified projects have a completion date of 2028.
A total wind capacity of 315.8 MW was qualified, and the maximum exercise price was EUR 74.9/MWh, and the minimum price was EUR 59.95/MWh, according to information we have from sources close to the situation.
iulian@romania-insider.com
(Photo source: Welcomia/Dreamstime.com)
Romania has signed a major contract with France for the acquisition of Mistral portable short-range air defense missile systems. The agreement was concluded on Tuesday, November 25, between Romania’s Ministry of National Defense and France’s Ministry of the Armed Forces and Veterans, through their respective General Directorates for Armaments.
The acquisition is valued at EUR 625.59 million before VAT and includes 231 Mistral Manpad systems, 934 Mistral missiles, training services, training munitions, documentation, a simulator, and logistical support, the ministry said.
The procurement is part of the “European Joint Acquisition of Mistral System,” a program coordinated by France and involving several EU partners, including Romania, Belgium, Cyprus, Estonia, and Hungary.
The “Portable Short-Range/Very Short-Range Air Defense Missile Systems – Manpad Mistral” program is included in the Investment Plan for the European Defense Industry, developed under the “Action for the Security of Europe – SAFE” regulation. Romania’s Parliament approved the purchase in June 2022.
The new systems will be delivered to all three branches of the Romanian Armed Forces, as well as to the Special Operations Forces, the ministry stated.
According to Biziday.ro, the missiles have a range of 6-8 kilometers and were designed to strike helicopters and aircraft flying at relatively low altitudes. The systems are equipped with an infrared seeker and advanced image-processing capabilities.
irina.marica@romania-insider.com
(Photo source: Mbda-systems.com)
The government announced it selected, on November 27, a president and two vice-presidents for the Agency for Monitoring and Evaluation of Public Enterprises' Performance (AMEPIP). The action was a milestone under the Resilience Facility due November 28, after the expiry of the six-month extra time allowed by the European Commission, with a EUR 330 million financing attached.
The profiles of the two vice presidents have particularly drawn public attention for their past experience, not particularly consistent with the mission of AMEPIP, which, among others, must secure effective management for the state-owned enterprises.
Anisoara Ulceluse-Pîrvan, previously Head of Unit at the Grant Management & Amendments Coordination department within the European Research Council Executive Agency (ERCEA), was appointed as AMEPIP president, Hotnews.ro reported.
For the AMEPIP vice president positions, the selection committee picked Oana Petrescu, formerly a member of the top management of Blue Air airline, a bankruptcy that cost the state budget some EUR 60 million, and Nicolae Bogdan Stănescu, dismissed from the state agency managing state's participations in energy companies (SAPE) in April 2025 upon a report by the Court of Accounts revealing RON 72 million damage during his mandate.
The decisions were signed by prime minister Ilie Bolojan and published in the Official Gazette.
iulian@romania-insider.com
(Photo source: Inquam Photos / Octav Ganea)
The BCR Romania Manufacturing PMI index has further slipped to 47.2 in November from 47.6 in October, signalling that the downward momentum which began last month has persisted. Not only the output sub-indicator, but also the new orders have deteriorated marginally compared to October and significantly compared to September, when the index neared the 50-point neutral benchmark.
The supplier delivery times remain the sole positive element of the PMI index, but it seems empirically and also fundamentally inversely correlated with the dynamics of the new orders and output, hence its predictive value diminishes.
As regards the industrial production index, it has remained more or less stable over the past year – still marking on average a mild (-0.7% y/y) decline compared to the previous 12-month period (when it was decreasing).
The annual dynamics for the rolling 12-month period have improved from steeper deterioration rates over the past years, though. In the third quarter of the year alone, the industrial output increased by 0.9% y/y in line with the slight improvement of the Manufacturing PMI index.
If current trends persist, 2025 will mark the third consecutive annual decline in industrial output, according to Erste Group Research.
Looking ahead, substantial EU security investments and Germany's fiscal stimulus for infrastructure and defence spending are expected to boost European industrial production, according to the analysts of the Austrian group. External demand remains critical for domestic manufacturers, and expectations point to a potential rebound in industrial output next year.
iulian@romania-insider.com
(Photo source: Lovelyday12/Dreamstime.com)
Trade between Romania and Poland continues to grow, with annual bilateral exchanges in goods now valued at more than EUR 12 billion, according to figures presented by the Polish-Romanian Bilateral Chamber of Commerce and Industry (PRBCC). The data was released during a reception in Bucharest marking Poland’s Independence Day and Romania’s National Day.
Polish investments in Romania have reached EUR 1.7 billion, placing Poland among Romania’s key economic partners. Poland is currently the fourth-largest supplier of goods to the Romanian market and the sixth-largest destination for Romanian exports.
Speaking at the event, Artur Tarasewicz, Consul of the Republic of Poland in Bucharest, underscored the significance of the two countries’ national holidays and the longstanding ties between them.
“Our countries are connected by unique relations. It is symbolic that, thanks to the Chamber’s initiative, the business environments together with representatives of the administration from both countries are jointly celebrating the most important national holidays today,” said Tarasewicz.
The PRBCC also highlighted the importance of increasing people-to-people connections. More than 500,000 Polish citizens visit Romania each year, a figure expected to grow following Romania’s entry into the Schengen area and the expansion of direct flights between the two countries.
“The economic collaboration between the two states is constantly evolving, with more and more companies from Poland expanding their operations in Romania, and Romanian companies finding in Poland a dynamic market and reliable partners. There is a growing interest in investments in Romania, and our mission remains to strengthen the economic bridges and facilitate the development of sustainable and profitable projects for both sides,” said Adam Sobieszkoda, Executive Director of the Polish-Romanian Bilateral Chamber of Commerce and Industry.
The PRBCC is a non-profit organization dedicated to promoting and developing economic and trade relations between Poland and Romania, as well as historical and cultural ties.
irina.marica@romania-insider.com
(Photo source: press release)
AnimaWings, the Romanian airline founded in 2020, has introduced new all-inclusive service packages on both international and domestic flights, marking what the company describes as a first in its onboard offering. The packages, named Priority All Inclusive and Priority All Inclusive Plus, combine baggage, meals, drinks, premium seating, and airport priority services into a single purchase available as an upgrade starting December 10.
On international routes, Priority All Inclusive includes a small 4 kg cabin bag and a larger 8 kg cabin bag, a hot or cold meal, a selection of alcoholic and non-alcoholic drinks, snacks, premium seat selection, priority check-in and boarding, as well as the option to make certain reservation changes before the trip. These benefits are available as a EUR 35 upgrade per person per flight segment, compared to an estimated EUR 95 if purchased individually.
Priority All Inclusive Plus adds a 23-kg checked bag. The upgrade costs EUR 75 per person per segment, compared with an estimated EUR 135 if bought separately, the air carrier said.
On domestic routes, AnimaWings is launching a tailored version of the package. Priority All Inclusive (Domestic) includes a small 4 kg cabin bag, a larger 8 kg cabin bag, a cold meal, a package of non-alcoholic drinks, premium seat selection, priority check-in and boarding, as well as the option to check in online or at the airport.
“We are introducing for the first time - most likely at a global level - this all-inclusive concept at 10,000 meters altitude, a concept that is already popular and highly sought after in the hotel industry. We created these all-inclusive packages because we see more and more clearly that passengers are looking for integrated solutions and a worry-free experience,” said Marius Pandel, CEO of AnimaWings.
The onboard meals available with the new packages were developed with chef Alex Petricean, who created breakfast, lunch, and dinner options inspired by modern Romanian cuisine. The airline has also partnered with Crama Darabonț to supply onboard wines and sparkling drinks.
The launch comes as AnimaWings continues to expand its network and fleet. The carrier added its fifth Airbus aircraft in September 2025 and plans to reach 18 aircraft within two years, for a fleet valued at over USD 1 billion.
The airline will operate more than 10 new routes this autumn, including flights connecting major Romanian airports with Istanbul, Paris, Munich, Prague, Stockholm, Tel Aviv, and Dubai. New services to London Gatwick and Geneva are scheduled to begin in March 2026.
irina.marica@romania-insider.com
(Photo source: AnimaWings)
Romania’s Artmark Group, a major operator in the art and collectibles market in Romania, Bulgaria, and Croatia, appointed Sorin Paul Suciu as Chief Executive Officer (CEO).
Suciu takes over the operational and strategic coordination of the group in a phase of accelerated development, according to the company. He has over 25 years of experience in the financial-banking field, leadership, and strategic management, in Romania and at the European level.
Sorin Paul Suciu’s career has spanned projects of organizational transformation, risk management, retail management, trading, oil & gas, and corporate banking, the leadership of complex teams, and executive positions in top companies. He is a graduate, among others, of the Executive MBA ASEBUSS & Kennesaw State University, an ENVISIA Board of Elite scholars, and a certified Mentor & Coach by the European Mentoring and Coaching Council.
After the 2022 expansion into Croatia (Zagreb) and Bulgaria (Sofia), Artmark plans to continue the development of regional operations in the next decade.
“I take on this role with respect for Artmark’s history and with appreciation for what this organization has built in its nearly 20 years. Collectors are at the center of our activity, and my priority is to strengthen their experience and to carry forward the standards of professionalism and transparency that define Artmark,” stated Sorin Paul Suciu, the new CEO of the Artmark Group.
The company plans to consolidate an integrated regional platform capable of updating the systems for valuing cultural goods and inter-connecting the collectors of Central and Eastern Europe with a diverse offering of art and cultural heritage.
(Photo source: press release)
Rescuers part of the Brașov County Salvamont Service spent the night in the Bucegi Mountains on Wednesday to Thursday, December 3-4, to continue searches for missing 18-year-old British citizen George Smyth. In the morning, the team of 17 mountain rescuers who slept in a chalet resumed the search in the Țigănești area despite difficult conditions and the fresh layer of snow.
George Smyth's mother, Jo Smyth, traveled to Romania to assist search operations.
“In parallel, together with the family, an attempt is being made to reconstruct as accurately as possible the route traveled by George. Although the weather conditions have been difficult in recent days, the rescuers decided to make a new effort to continue the search operations,” the Brașov County Salvamont Service said on Facebook.
Rescuers, who looked for the teenager using specialized dog teams, a Black Hawk helicopter and thermal cameras, said that there is “no data indicating that the missing person intended to head toward Bran Castle,” despite earlier reports. When he called for help due to the possible onset of hypothermia, he was directed toward the Mălăiești Chalet.
“The recommendation took into account both reducing the time until meeting the intervention teams and maintaining moderate movement, essential for producing heat and delaying the onset of severe hypothermia. Remaining stationary in conditions of blizzard, fog, and low temperatures would have accelerated the loss of body heat,” the same source added.
That night, rescuers could not deploy drones or helicopters due to the dense fog and strong winds. Subsequent searches located his backpack. Inside were equipment and supplies.
At this moment, the search operation is ongoing.
(Photo source: Brașov County Salvamont Service on Facebook)
IT Genetics, a Romanian technology company specialized in digital automation and operational efficiency solutions for businesses, announced this week its intention to list on the AeRO market of the Bucharest Stock Exchange in Q1 2026.
Upon admission to trading, the company’s shares are expected to be listed on the AeRO market under the ticker “ITG”. In the medium to long term, the company intends to transition to the Main Market of the Bucharest Stock Exchange.
Before the listing, IT Genetics will carry out a private placement for new shares, offering up to 1 million newly issued shares to investors. The placement is expected to take place in the coming days and will be brokered by TradeVille, with the intended admission to trading on BVB planned for the first quarter of next year.
“We have built IT Genetics over the last 18 years with a clear objective: to give companies access to technology that improves efficiency, reduces operating costs, and accelerates digital transformation. From a start-up founded in 2007, we have grown into an international group with operations in Romania, Hungary, Bulgaria, Spain, and Italy, nine complementary companies, and a turnover of RON 100 million in 2024,” stated Liviu Sima and Stefan Axinte, co-founders of IT Genetics.
Listing will give the company access to development capital, higher visibility, and external validation, according to the founders, each of whom holds 50% of the company through their respective holding instruments.
IT Genetics provides end-to-end digitalization and automation solutions across logistics, retail, industrial production, eCommerce, and HoReCa. More than 20,000 companies across Europe rely on IT Genetics technologies to streamline and scale their operations.
At the moment, the company Genetics represents nine entities covering software development, hardware and consumables production, and fulfillment services, including Zinta (labeling consumables), Planograma (WMS software), Waytr (HoReCa digital operations), and Mondo Logistics (e-fulfillment).
Beyond its domestic operations, the company has subsidiaries in Hungary, Bulgaria, Spain, and Italy, with further market entries planned.
The group closed 2024 with consolidated revenues of approximately RON 100 million, an increase of 36% compared to 2023, supported by expansion in all business lines, higher demand for digitalization and automation solutions, and the accelerated development of the software division. Net profit reached RON 5 million in 2024, up 83% year-on-year, reflecting operational efficiency, tight cost control, and improved margins across both hardware and software segments.
To finance the next stage of growth, the company aims to raise RON 7.5 million through a private placement of newly issued shares. The raised capital will support international expansion through the company’s growth in Italy and the opening of new markets in France and Germany, as well as the strengthening of local operations by adding new regional teams, building a new Zinta production facility, advancing the Toolbox platform, scaling the company’s proprietary software products, and pursuing strategic acquisitions.
At the same time, IT Genetics is considering distributing at least 50% of its profit as dividends to provide investors with predictability and stability. Over the next two to three years, IT Genetics aims for at least 25% of revenues to be generated outside Romania, supported by expanded commercial teams, platform localization, and the development of solutions tailored to each market.
(Photo source: press release)
Altex Romania will develop in the following year the DIY chain Brico Dépôt by securing ownership of the rented stores, upgrading the entire chain, and opening three to five new stores per year after the transition year 2026, Altex founder, main shareholder, and CEO Dan Ostahie announced after his company took over the do-it-yourself chain from Kingfischer, Ziarul Financiar reported.
The EUR 70 million deal was partly financed by a EUR 43 million loan from Raiffeisen Romania, 50% backed under a risk-participation facility by the European Bank for Reconstruction and Development (EBRD)
Kingfisher Group announced in May that it had completed the transaction through which it sold Brico Dépôt Romania, one of the major players of the local DIY and home improvement market, to the electro-IT retailer Altex, controlled by businessman Dan Ostahie. The transaction, signed at the end of last year, was approved by the Competition Council.
Altex has thus taken over a network of about 30 Brico Dépôt stores, ten of which are owned and another 20 are rented. The market leader Dedeman operates 64 stores.
Brico Dépôt, which operates locally through the company Bricostore Romania, ended 2024 with a turnover of RON 1.5 billion (EUR 300 million), down 2% compared to the previous year and a eighth of Dedeman’s turnover. Over the past years, it accumulated RON 1.5 billion of losses.
Last year, Altex achieved business of RON 7.7 billion (EUR 1.5 billion), up 9% and net profit of RON 380 million, being the undisputed leader of Romanian electroIT, with a network of over 135 stores.
Altex has relied on EBRD financing for development in the past.
The company contracted a loan from the EBRD in 2024, worth EUR 26 million, to finance a 55,000 sq m warehouse near Bucharest. In 2020, it borrowed EUR 12 million from the EBRD to expand the logistics centre in Dragomirești Vale, near Bucharest, a project launched in 2018.
iulian@romania-insider.com
(Photo source: the company)
Authorities managing Romania's Bicaz Gorges–Hășmaș National Park has built a fish ladder system on the Bicaz River, which will allow protected species to migrate and reproduce.
There are several bridges and small bridge structures in the Bicaz River that have a “bottom sill,” meaning small waterfalls. Fish that do not jump like the trout cannot swim upstream through these waterfalls. The purpose of the ladder system is to facilitate migration and create a connection between the populations of these fish, so that the sills would not be an impassable barrier.
The ladder system is part of a large nature conservation project financed with European funds. The effort began in 2000, and so far has led to the repopulation of the national park’s rivers with protected fish species.
“We repopulated the national park’s rivers with protected fish species, bullhead; we rehabilitated forest habitats; we replanted deciduous forests and spruce forests; we rehabilitated riparian forests near Lake Roșu; and planted a so-called trophic barrier, an area where bears can find natural food and therefore will not come near populated areas, in this case at Lacu Roșu,” said Hegyi Barna, director of the Bicaz Gorges–Hășmaș National Park, cited by PetsCats.ro.
“The species swims upstream during mating. When the water reaches 10 degrees Celsius or above 10 degrees, specimens of this species begin to swim upstream. But they reach these dams and can no longer go up. And in the case of a national park and the running waters of a national park, it is vital for the populations of these species to have connectivity,” added Barna.
In total, there are six fish ladders in two different locations, and specialists continue to monitor their impact.
The park director explained that well-known ichthyologists have begun monitoring and have observed that the fish have already begun using the ladders.
(Photo source: Hegyi Barna on Facebook)
The City Hall of Oradea, in northwest Romania, has begun installing new smart parking meters as part of its ongoing modernization and digitalization of the municipal parking system. The first batch of devices has already been placed in central areas, and the entire system is expected to become operational by the end of the year.
The municipality said it purchased 30 new-generation parking meters under an investment totaling RON 1.45 million, including VAT. The sum covers hardware, software modules, installation, and commissioning.
The first 15 units, included in Lot 1, are already installed in high-traffic central zones. The remaining 15 units in Lot 2 will be delivered and mounted in the coming period.
Although devices are already visible on the streets, the city notes that the system will only be activated once all 30 meters are installed, ensuring unified integration into the parking management database.
The new equipment introduces a “Pay-by-Plate” system that eliminates the need for drivers to return to their cars to display a ticket. Users will enter their license plate number directly into the machine, and payment will be registered automatically. Parking enforcement agents will verify payments digitally by scanning the plate number.
The smart meters feature multiple payment options, including cash, bank card insertion, and contactless payment, the City Hall said. They are powered by integrated solar panels and built with anti-corrosion, vandal-resistant casings.
Connectivity is ensured through built-in 4G/5G modems that transmit real-time technical and transaction data. The devices include touchscreens or alphanumeric keypads, LCD displays, optional thermal receipt printing, and software capable of remote updates.
Until the new system becomes fully operational, residents are advised to continue using existing payment methods.
irina.marica@romania-insider.com
(Photo source: Oradea.ro)
Romania’s Superior Council of Magistracy (CSM) issued a negative opinion on the new bill regarding magistrates’ pensions. The move is only the latest development concerning a heated issue that led to tensions between the executive and the judiciary branch.
CSM’s opinion is consultative, and the government led by Ilie Bolojan can still take responsibility for the legislative proposal that cuts the pensions of magistrates by 30%. The same proposal increases retirement age from 48-50 to the standard 65.
The president of the High Court of Cassation and Justice, Lia Savonea, told Digi24 that she will give “a categorical vote against” at the CSM meeting.
In turn, CSM vice-president Claudiu Sandu explained that all courts and prosecutors’ offices voted against the new initiative of the executive, while the minister of justice, present at the CSM meeting, abstained from voting.
“Following consultations with colleagues in the country, both prosecutors and judges recommended issuing this negative opinion on the draft law, so we, being an elected and not appointed body, are somehow indebted to our colleagues to respect their will,” the CSM vice president added, according to Digi24.
He also said that the vote was a “symbolic protest,” meant to draw attention to the legislative inequities brought by the changes.
“In fact, there will be three types of pensioners in the magistracy: the ‘Dragnea era’ pensioners with a pension higher than their salary by 20–25%, the 2023 pensioners with a pension of 100% of the net salary, and the next ones, who will work until 65 and will have such a regulation,” Sandu explained.
Justice minister Radu Marinescu also commented on the CSM opinion, saying that when the status of any professional category is reformed, that category must also be consulted. The government already knew “the opinion of the magistracy” about this reform of special pensions, he said.
Both Marinescu and the CSM vice-president rejected the idea that there is a conflict between the executive and the judiciary.
The new bill on magistrates’ service pensions was published last week, and the CSM had 30 days to issue a consultative opinion. According to the new project, the pension amount for magistrates will be 55% of the calculation base, represented by the average gross indemnities from the last 5 years, but no more than 70% of the last net indemnity. Also, the transition period to the retirement age of 65 will be 15 years, calculated starting January 1, 2026.
Previous talks between the government and representatives of judges and prosecutors in Romania, mediated by the president, failed to reach a consensus.
The first project of the magistrates’ pension reform was declared unconstitutional by the Constitutional Court on October 20, by a 5 to 4 vote. The reason invoked by the five judges was essentially a technicality, namely that the government did not wait for an opinion from the CSM.
That the CSM opinion was issued on the new project is important because Romania faces a November 28 deadline to reform service pensions, including those of magistrates. If the deadline is missed, Romania risks losing EUR 231 million in European financing. To prevent that, the government scheduled a meeting adopt the draft law on Friday, exactly on November 28.
(Photo source: Inquam Photos | Octav Ganea)
Romania’s general government budget deficit halved y/y to RON 6.4 billion (EUR 1.25 billion) in October, when the tax revenues increased by 15.6% y/y – ten times the 1.5% y/y advance of current expenditures, according to data published by the Finance Ministry. Notably, the payroll narrowed by 4.0% y/y and the expenditures with goods and services by 7.6% y/y after both categories posted 6%-7% y/y advancements in January-September.
The public deficit edged down marginally (-0.5% y/y) to RON 108.9 billion (EUR 21.4 billion) in January-October, while the deficit to GDP ratio eased to 5.72% in the first ten months of this year, compared to 6.22% in the same period of 2024.
The government targets an 8.4% of GDP deficit for the entire year 2025, a moderate improvement from 8.65% in 2024.
Some elements of the monthly execution in October confirm positive results driven by the first package of budgetary measures and the general policy of prioritising public expenditures enforced by the government of prime minister Ilie Bolojan. Besides lower payroll and expenditures with goods and services, the interest paid on public debt rose by a moderate 9.4% y/y in October after it had surged by 50% y/y in January-September and by 63% y/y in Q3.
The improvement recorded in October still needs to be confirmed by further readings, with this indicator remaining key for the success of Romania’s budget consolidation programme.
General government revenues increased by 12.3% y/y to RON 532 billion or 27.9% of GDP in January-October, marking an improvement in the revenues-to-GDP ratio from 26.9% in the same period of 2024. The improvement was only partly driven by 32% larger transfers from the EU budget, as the domestic revenues to GDP ratio also increased from 25.2% to 25.8%.
The overall advance in revenues was 12.3% y/y in October, the same as in January-September, but the tax revenues accelerated to +15.6% y/y from +10.7% y/y in January-September. The net VAT collection surged by 21.6% y/y (helped by a higher VAT rate) in October from +7.7% y/y in January-September.
General government expenditures increased by 9.9% y/y to RON 640 billion or 33.7% of GDP in January-October, compared to a smaller (33.1%) expenditures-to-GDP ratio in the same period of 2024. However, the expenditures without those financed from EU grants increased by only 8.7% y/y, and the ratio to GDP for this adjusted expenditures category increased marginally to 31.0% from 30.8% in 2024.
In October 2025, the public expenditures without those financed from EU grants increased nominally by 1.3% y/y, and the ratio to GDP dropped to 3.3% from 3.6% in the same period of 2024.
Public payroll contracted by 4.0% y/y and expenditures with goods and services by 7.4% y/y in October 2025, after they increased by 6.0% and 7.4% respectively in January-September. The volume of subsidies from the state budget remained moderate, -34% y/y in October after -33% y/y in January-September.
The volume of investments from the national budget and EU transfers contracted by 1.1% y/y to RON 15.8 billion after the buoyant +16.1% y/y surge in January-September. For the entire January-October period, total investments, including other expenditures financed from EU budgets, rose by 13.3% y/y to RON 115 billion (EUR 22.5 billion), or just over 6.0% of GDP, compared to 5.75% in the same period of 2024.
The balance of the Romanian general government, normalised to filter out the transfers from the EU budget and the expenditures linked, contracted by 0.9% y/y to RON 98 billion in January-October, or 5.15% of GDP from 5.62% in the same period of 2024.
iulian@romania-insider.com
(Phoro source: Alexandru Marinescu/Dreamstime.com)
Romanians celebrate Saint Nicholas (Sfântul Nicolae) on December 6, a tradition that has grown far beyond its religious roots and signals the official start of the holiday season. The day is especially beloved by children, who eagerly prepare their freshly polished boots in hopes of finding small gifts in the morning.
Many Romanians also celebrate their name day on this occasion, including men named Nicolae or Niculai and women named Nicoleta or Niculina.
According to tradition, St. Nicholas arrives during the night of December 5 to December 6, leaving symbolic gifts such as oranges, chocolate, or small useful items inside boots. Larger presents are usually saved for Christmas.
Children who misbehaved are to receive a symbolic whip or stick instead. Traditionally, the stick is made from an apple-tree branch and placed in water after the holiday. If it blossoms by Christmas, it means the child had been forgiven by St. Nicholas - a symbol of kindness, forgiveness, and the spirit of the season, according to Digi24.
Moreover, Romanian folklore adds another seasonal detail: if it snows on December 6, it means St. Nicholas has shaken his beard, marking the true arrival of winter.
editor@romania-insider.com
(Photo source: Tatsiana Zayats/Dreamstime.com; AI generated)
JTI, the global owner of both Winston and Camel, announced on Thursday, November 27, a plan to build a new, state-of-the-art factory in Ștefăneștii de Jos, Ilfov County.
Designed to replace the current Bucharest production site, which is operating under space constraints, the facility is scheduled for completion in 2027. Ground works at the new factory will begin in the coming weeks.
“As a global company, we continuously seek opportunities to optimize our manufacturing footprint and drive sustainable growth,” said Philip Livingston (photo right), JTI Senior Vice President, Global Supply Chain.
JTI’s factory in Romania currently exports around 75% of its production to more than 70 countries worldwide, serving as one of the company’s key manufacturing hubs in Europe.
“Since the beginning of our operations in 1994, we have expanded numerous times. We’re committed to continuously upgrading our production capacity, investing in state-of-the-art equipment, and delivering high-quality products,” said Klaus-Walter Thul (photo left), Factory Lead at JTI Romania.
Over the years, JTI invested in the modernization and expansion of its Romanian operations. In 2012, the company invested EUR 25 million to increase its production capacity, creating over 125 new jobs. In 2021, JTI launched a EUR 60 million investment program to further upgrade its facilities, implemented over three years.
Today, more than 630 people work at JTI’s factory in Bucharest, out of a total of over 1,500 JTI employees across the country.
(Photo source: press release)
Recorded shortly after the official release of Cravata Galbenă, The Yellow Tie, on November 14, the episode explores the emotional, artistic, and cultural layers behind one of the most ambitious Romanian film productions in recent years.
Throughout the discussion, Serge Ioan Celibidache reflects on what it means to carry a world-renowned name and how that shaped both his artistic path and personal story. The interview delves into the emotional responsibility of portraying a figure as iconic as Sergiu Celibidache, while giving space to the human side of the father-son relationship.
“For two hours, audiences step into the life of one of the greatest conductors the world has ever known. Behind this film stands his son, who turned a family story into an international cinematic project.”
The episode bridges themes of heritage, belonging, cultural pride, and the creative process behind transforming a deeply intimate story into a film meant for global audiences.
Directed by Serge Ioan Celibidache, The Yellow Tie is a Romanian production filmed entirely in Romania and featuring international actors, including Ben Schnetzer, John Malkovich and Sean Bean. The film seeks to present Sergiu Celibidache’s life beyond the public image: his genius, his struggles, his philosophy, and the defining moments that shaped him.
During the interview, Serge shares insights into:
The full episode is available now:
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Voices of Romania, produced by Romania-Insider.com, brings forward the people shaping Romania’s image in the world, from business leaders and innovators to artists, athletes, and creators. Each episode is recorded in the field, capturing authentic stories directly from the places where change happens.
Produced by Romania-Insider.com | Host: Dylan Delhommois
Romania is among the European countries where water reserves are decreasing at an alarming rate, according to an analysis carried out by researchers from University College London in collaboration with The Guardian and Watershed Investigations.
Scientists analyzed data from the period 2002–2024 provided by satellites that monitor changes in the Earth's gravitational field. Because water has a large mass, variations in groundwater levels, rivers, lakes, soil moisture, and glaciers appear in the detected signal, allowing satellites to effectively ‘weigh’ how much water is stored.
The findings show a pronounced imbalance: northern and northwestern Europe, especially Scandinavia, parts of the United Kingdom and Portugal, are becoming increasingly humid, while extended regions in the south and southeast, including areas in the United Kingdom, Spain, Italy, France, Switzerland, Germany, Romania, and Ukraine, are drying rapidly.
The researchers separated groundwater data from the total terrestrial water storage and found that it reflects the same tendency, confirming that a large part of Europe’s hidden freshwater reserves is in decline. Groundwater accounted for 62% of the total public water supply and 33% of agricultural water demands during 2022 across EU member states.
“When we compare the total terrestrial water storage data with climate datasets, the trends broadly correlate,” said Mohammad Shamsudduha, professor of water crisis and risk reduction at UCL. “We’re no longer talking about limiting warming to 1.5°C; we’re likely heading toward 2°C above preindustrial levels, and we’re now witnessing the consequences,” he added.
In response to this crisis, the European Commission developed a water resilience strategy to manage water as a resource.
The strategy aims to build a “water-smart economy” and is accompanied by a recommendation on water efficiency, calling for an improvement of “at least 10% by 2030.” Given that distribution network losses range between 8% and 57% in the EU, the Commission says that reducing leakage and modernizing infrastructure will be essential.
(Photo source: Ahmad Marzuky | Dreamstime.com)
A young Romanian has developed a new system that allows people to return entire bags of recyclable packaging at once, replacing the traditional method of inserting bottles one by one into reverse-vending machines. The concept, called IZI, was created by Ștefan Parascanu, who returned to Romania after studying and working in the United Kingdom.
The idea emerged during an informal competition among friends to see who could feed packaging into a return machine the fastest, according to the press release. Parascanu noticed the process was slow and inconvenient, and began exploring whether deposits could instead be collected by simply dropping off a labeled bag.
The solution he developed enables users to scan a QR code with a dedicated app, apply an automatically printed label to their bag, and deposit it into the container. Shortly after drop-off, the deposit value is transferred directly to the user's bank card.
Ştefan Parascanu, a graduate of the University of Manchester with degrees in Business Studies and Economics, previously interned at Barclays' London headquarters before returning home to help with his family's business. He spent months refining the prototype and testing the system with users.
IZI operates through patented technology and a network of smart containers linked to a mobile app, the same source said. The process is quick and removes many of the inconveniences associated with traditional return systems, including queues or rejected items.
"I wanted to create a system I would enjoy using myself: fast, clean, and hassle-free. If recycling becomes as simple as throwing out the trash, people will recycle more. IZI is not just a technical solution, but a shift in mindset," said Ștefan Parascanu, the founder of IZI.
Following the testing phase, IZI is now entering its official launch stage. The app is available for download on the App Store and Google Play, where users can also view the map of container locations. According to the map, the first machines can be found in Iași.
irina.marica@romania-insider.com
(Photo source: press release)
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Sindicatul Învățământ Preuniversitar (SIP) Hunedoara a transmis că profesorii au nemulțumiri legate de derularea programului „Laptele și cornul”, prin prisma solicitărilor venite dinspre administratorii acestui program. Este vorba despre încărcătura…
Părintele unui elev sportiv medaliat la competiția internațională sportivă Gimnaziada 2025 dar care nu va fi premiat în țară la ceremonia de mâine, 3 decembrie, semnalează Avocatului Poporului faptul că…Distribuţia apei către consumatori în judeţul Prahova se va realiza progresiv, conform procedurilor tehnologice obligatorii, numai după analiza parametrilor de calitate a apei de către Direcţia de Sănătate Publică (DSP) Prahova, iar procesul nu a început încă, a anunţat, joi, Administraţia Naţională „Apele Române” (ANAR). Într-un comunicat, ANAR informează că procesul de reluare a alimentării […]
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România, Grecia și Bulgaria au semnat aseară un memorandum de înțelegere pentru a stimula cooperarea transfrontalieră în domeniul infrastructurii de transport. Memorandumul de înțelegere semnalează hotărârea comună de a accelera modernizarea și interoperabilitatea legăturilor strategice feroviare, rutiere și pe căi navigabile interioare. Această cooperare sporită va sprijini mobilitatea, fluxurile comerciale, coeziunea economică și securitatea în […]
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Legendarul fotbalist, adversarul României la Euro 1996, a slăbit 30 de kilograme în mai puțin de o lună, ajungând de nerecunoscut. A jucat peste 250 de meciuri în Primera Division și 62 la naționala Bulgariei, dar viața lui Luboslav Penev este în pericol, din cauza gravelor probeme de sănătate. Fostul mare fotbalist a fost internat […]
The post A ajuns de nerecunoscut! Drama legendarului fotbalist: „A slăbit 30 de kilograme în mai puțin de o lună” appeared first on Prosport.
Unul dintre jucătorii de bază de la Barcelona a ajuns la un acord cu gruparea catalană și își va prelungi înțelegerea până în 2031. Deco și impresarul lui Eric Garcia au purtat negocieri intense privind viitorul fundașului central. La capătul negocierilor cele două părți au ajuns la un acord și au parafat acordul de prelungire […]
The post Barcelona a bătut palma cu internaționalul spaniol. Fotbalistul semnează până în 2031 appeared first on Prosport.
Giovanni Becali este unul dintre cei mai cunoscuți agenți de fotbaliști din România, reușind transferuri uriașe. Una dintre aceste mutări celebre este reprezentată de transferul lui Florin Răducioiu la AC Milan, transfer datorită căruia Giovanni Becali a încasat un comision impresionant. Ce comision și-a luat Giovanni Becali la transferul lui Florin Răducioiu la AC Milan: […]
The post Ce comision și-a luat Giovanni Becali la transferul lui Florin Răducioiu la AC Milan: „Bani frumoși. Berlusconi venea cu elicopterul la antrenament” appeared first on Prosport.
Jannik Sinner (24 de ani), al doilea jucător de tenis al lumii, se află în mijlocul unor controverse legate de înmormântarea conaționalului său, legendarul Nicola Pietrangeli. După trăcerea în neființă, la 92 de ani, a lui Nicola Pietrangeli, considerat cel mai mare tenismen din istoria Italiei până la apariția lui Jannik Sinner, elevul lui Darren […]
The post Comportamentul lui Jannik Sinner după înmormântarea colegului lui Ion Țiriac și Ilie Năstase stârnește controverse! Fiul legendarului tenismen ridică semne de întrebare: „Poate am pierdut apelul” appeared first on Prosport.
Una din echipele de tradiție din Premier League a cheltuit 140 de milioane de euro în vară, dar are un parcurs dezastruos în noul sezon. Se pare că sutele de milioane investite în jucători nu asigură și succesul. Este exemplul celor de la Wolverhampton, formație care după un sezon în care au reușit să își […]
The post Cum s-a ajuns la o „nenorocire” imensă la club: „140.000.000 de euro, aruncați la gunoi”! appeared first on Prosport.
Cupa României, faza grupelor | Sporting Lieşti – Metalul Buzău începe la ora 14:00. E primul din cele patru jocuri rămase din etapa a doua
The post Cupa României, faza grupelor | Scor întors la Clinceni, între Metaloglobus și CFR Cluj. U Cluj s-a împiedicat de Sepsi OSK, iar în primul meci al zilei s-au marcat 11 goluri! appeared first on Prosport.
Marele derby FCSB – Dinamo din acest week-end are o încărcătură specială adusă de contextul actual peste rivalitatea tradițională. Campioana e obligată să adauge puncte în cursa echilibrată pentru prinderea play-off-ului, „câinii” se află în fața unui test de valoare și maturitate care poate oferi un prim răspuns, de parcurs, la întrebarea: chiar e gata […]
The post Cătălin Cîrjan și restul lumii! Gest fără precedent făcut de suporteri pentru mijlocaș fix înaintea marelui derby FCSB – Dinamo appeared first on Prosport.
Daniel Oprița, antrenorul celor de la Steaua București, e foarte aproape să semneze cu un club din Superliga României. Tehnicianul a impresionat alături de cei de la Steaua, deși clubul nu are drept de promovare din punct de vedere legal. Daniel Oprița, pe cale să plece de la Steaua București! Antrenorul roș-albaștrilor este dorit de […]
The post Daniel Oprița, pe cale să plece de la Steaua București! Antrenorul roș-albaștrilor este dorit de o echipă din Superliga appeared first on Prosport.
Simona Halep, cea mai importantă jucătoare din istoria tenisului feminin românesc, a retrăit o amintire din perioada copilărilei, datorită unei foste colege. Simona Halep și Georgiana Herda s-au cunoscut încă din clasa I, la Școala Gimnazială nr. 30 „Gheorghe Țițeica” din Constanța, cele două rămânând bune prietene până în ziua de astăzi. Simona a fost […]
The post Fosta colegă de clasă a Simonei Halep a răscolit-o pe campioană cu o amintire din trecutul lor: „Lângă tine stă cel mai bun prieten!” Cum a reacționat „Simo” appeared first on Prosport.
Un oficial din cadrul instituției condusă de Răzvan Burleanu a dat de pământ cu Gigi Becali, după ce acesta a avut o adevărată tiradă de la finalul UTA – FCSB 3-0. Campioana României a fost învinsă la scor de neprezentare în etapa 2 din Cupa României, iar la finalul meciului Gigi Becali a criticat sistemul […]
The post Gigi Becali, pus la punct de un oficial FRF, în urma tiradei de la finalul UTA – FCSB 3-0: „Cupa strugurilor acri” appeared first on Prosport.
Ion Țiriac a finalizat vânzarea a două imobile spectaculoase din centrul Bucureștiului pentru care ar fi încasat o sumă uriașă. Familia Tănăsoiu discută încă de la începutul acestui an achiziția unuia din vechile sedii centrale ale Allianz-Țiriac din Capitală. Proprietarii Primavera Develpoment au încheiat procesul de due diligence în ce din urmă iar doar pe […]
The post Ion Țiriac, două tranzacții imobiliare spectaculoase în centrul Bucureștiului. Pe una dintre clădiri ar fi vândut-o cu 10.000.000 de euro appeared first on Prosport.
Liderul galeriei FCSB a avut un mesaj dur la adresa jucătorilor înainte de derby-ul cu marea rivală, Dinamo București. Gigi Mustață s-a săturat să vadă că echipa pe care o susține meci de meci are evoluții oscilante și jucătorii nu se mai ridică la nivelul de anul trecut. Cu doar două zile înainte de FCSB […]
The post Jucătorii FCSB, amenințați de Gigi Mustață înaintea derby-ului cu Dinamo: „Ar trebui să-și dea viața pe teren” appeared first on Prosport.
FCSB, campioana en-titre din Superligă, a pierdut clar meciul din deplasare cu UTA, scor 0-3, în grupa din Cupa României. Fanii au răbufnit și vor explicații din partea fotbaliștilor, având în vedere că rezultatele din acest sezon sunt mult sub așteptările acestora. Liderul fanilor FCSB l-a făcut praf pe Ngezana și i-a cerut achiziții lui […]
The post Liderul fanilor FCSB l-a făcut praf pe Edjouma și i-a cerut achiziții lui Gigi Becali: „Să se facă transferurile promise” appeared first on Prosport.
Victor Pițurcă a vorbit, în exclusivitate, pentru ProSport, despre ceea ce ar însemna, pentru Steaua București, ca antrenorul Daniel Oprița să părăsească echipa. În cursul zilei de joi, a apărut informația că Daniel Oprița este dorit cu insistență de Hermannstadt, care a rămas fără antrenor, după plecarea lui Marius Măldărășanu. Ce spune Victor Pițurcă despre […]
The post Pițurcă, anunț despre plecarea lui Oprița de la Steaua: „Pierdere enormă. Nu poate să stea la infinit la o echipă care nu poate promova”. EXCLUSIV appeared first on Prosport.
Developed with top international partners, DraculaLand will combine tourism, retail, technology, culture, and lifestyle into a single entertainment and innovation infrastructure, across 160 hectares, 20 minutes from Bucharest and 15 minutes from Otopeni Airport. A global entertainment, retail, and technology infrastructure DraculaLand will merge next-generation architecture, advanced technology, and cultural storytelling into a multi-dimensional destination […]
The post Press release. The concept of the DraculaLand project is being launched in Romania, a private investment of over EUR 1 billion appeared first on Prosport.
Rinat Ahmetov își extinde afacerile și în România unde a încheiat deja un acord pe 2 ani pentru achziiția de energie electrică.. Parcurile eoliene și fotovoltaice au devenit afacerea momentului în țara noastră. Mulți afaceriști pun bazele unor parcuri care ar avea ca scop generarea de energie verde și regenerabilă, iar printre aceștia și-a făcut […]
The post Prietenul lui Mircea Lucescu pune mâna pe energia regenerabilă din România! „Caracatița” lui Rinat Ahmetov se extinde cu o dublă afacere appeared first on Prosport.
Fostul lider al clasamentului ATP, Yevgeny Kafelnikov (Rusia, 52 de ani), a reacționat rapid la vestea că Anastasia Potapova (24 de ani) a trădat Rusia pentru Austria. Anastasia Potapova a luat prin surprindere lumea tenisului, joi, anunțând că a renunțat la cetățenia rusă pentru a evolua sub culorile Austriei în circuitul WTA. Fostul mare tenismen […]
The post Reacție la nivel înalt după ce Anastasia Potapova a „fugit” din Rusia și va juca pentru Austria! Yevgeni Kafelnikov nu o iartă: „Bine că a plecat” appeared first on Prosport.
Sepsi nici nu se gândește că ar putea rata promovarea în Superliga, iar în iarnă se va întări și mai mult pentru a prinde unul dintre primele două locuri în Liga 2. Din informațiile noastre, la Sfântu Gheorghe va ajunge poate cel mai bun atacant din Liga 2, este vorba de Carl Davordzie. Carl Davordzie, […]
The post Transferul momentului în România! Laszlo Dioszegi îl aduce la Sepsi pe fostul atacant al Parmei. Câți bani va lua fotbalistul. EXCLUSIV appeared first on Prosport.
Într-un videoclip sfâșietor publicat pe rețelele de socializare, fosta vedetă a Premier League a dezvăluit că se luptă cu un cancer „agresiv”. Shaka Hislop, care a apărat poarta echipelor Newcastle, West Ham, Portsmouth sau West Ham, acum în vârstă de 56 de ani, le-a dat iubitorilor de fotbal o veste tristă. Omul cu aproape 400 […]
The post Veste șoc! Fostul star din Premier League a dezvăluit că suferă de cancer appeared first on Prosport.
Marius Măldărășanu s-a despărțit oficial de cei de la FC Hermannstadt, după un sezon cu rezultate sub așteptări până acum. Anunțul a fost făcut de clubul sibian pe rețelele de socializare. „Reziliat!”. Anunț oficial: Măldărășanu a plecat de la Hermannstadt! După 18 etape din actualul sezon al Superligii României, FC Hermannstadt a strâns doar 12 […]
The post „Reziliat!”. Anunț oficial: Măldărășanu a plecat de la Hermannstadt! appeared first on Prosport.
Janiva Magness, the winner of seven Blues Music Awards following 26 nominations, and nominated for a Grammy for a career spanning 17 albums, is set to perform at the 14th edition of the Brașov Jazz & Blues Festival, which will take place between August 14–16, 2026.
Magness is one of the most valuable and influential artists of contemporary blues. She will mark 35 years since her debut with a concert in Brașov. The anniversary is also celebrated with the release of a new live-recorded album.
“There are plenty of musicians who skillfully convey the sadness and unease encapsulated in the Blues, but Janiva Magness is among the very few who have literally lived through all these states and feelings, and this gives her an unmatched authenticity,” said Ioan Big, Artistic Director of Brașov Jazz & Blues Festival.
Born in 1957, Janiva Magness began her career as a backing vocalist in Minneapolis, and in the early ’80s she formed her own band in Phoenix, The Mojomatics. After moving to Los Angeles, she made her debut on cassette with More Than Live (1991), followed in the mid-’90s by her first CD, It Takes One to Know One, and three other independent releases.
Her role in the L.A. production of the musical It Ain’t Nothin’ But the Blues (1999), but especially her collaboration with NorthernBlues Music, where she released Bury Him at the Crossroads (2004) and Do I Move You? (2006), brought her to the attention of the blues community, both fans and critics alike.
In 2008, Janiva Magness signed with Alligator Records, for which she recorded What Love Will Do, followed by The Devil Is an Angel Too (2010) and Stronger for It (2012).
Magness is only the second woman in blues history, after Koko Taylor, to receive the prestigious title B.B. King Entertainer of the Year, and she accumulated dozens of nominations at the Blues Music Awards, as well as numerous appearances in the Top 10 of the Billboard Blues Chart.
(Photo source: press release)
Graffiti Plus (GRF+), active in Romania's communication consulting market, has signed the contract for the National Recovery and Resilience Plan (PNRR) funding for its listing on the AeRO market of the Bucharest Stock Exchange (BVB).
GRF+ is also preparing to launch the private financing round it is conducting as a first step toward its debut on the capital market, it said. The capital raised will be used to accelerate growth starting in 2026.
In the coming weeks, the company will follow a series of steps in line with the PNRR funding initiation procedure, while simultaneously completing preparations for the offer addressed to investors invited to participate in the private financing round.
The round will launch shortly, when GRF+ will open its shareholding to "early adopter" investors, who will have preferential terms for their equity packages. In the first quarter of 2026, the company will proceed with its technical listing on the AeRO market.
GRF+ has been active on the local market for more than 25 years. It is the first in its industry to join the Bucharest Stock Exchange as a way to finance its growth.
The company expects to end 2025 with a turnover above EUR 10 million and a team of more than 70 consultants, it said.
GRF+'s current business model includes the development of an ecosystem of affiliated companies with complementary specializations, in which GRF+ holds relevant equity stakes and which can bring additional value to the projects delivered for clients.
GRF's clients operate across a range of industries such as food, drinks and consumer goods (a 30% share in the company's revenues in H1 of 2025), technology (27%), finance- banking and consultancy (10%), retail (21%), health (9%), energy (1%), and sport, media & entertainment (2%).
"Graffiti Plus is among the first companies in Romania to use the Stock Exchange listing opportunity offered through the National Recovery and Resilience Plan […] We submitted the application with confidence, understanding that the approval process would involve a more extensive pathway, given the new nature of the exercise. We are pleased to contribute to this process and, in doing so, help pave the way for future issuers," said Bogdan Tomoiagă, chairman of the board of GRF+.

"So far, Graffiti Plus's development has followed an organic model focused on creating value for clients, colleagues, and shareholders. We aim to use the newly raised capital to accelerate growth through three strategic investment directions that enable both expansion into new markets and stronger returns: sports marketing, pharma & healthcare, and data-driven influencer marketing. These are three markets showing impressive growth locally, regionally, and globally. We have already begun investing and delivering results, which gives us strong confidence in the next stage of scaling. In addition, the new investment will naturally support technology adoption and data integration, enabling the agency's next leap into the emerging AI-driven economy," Irina Ciocan-Stănescu, CEO of Graffiti Plus, explained.
(Photos: Graffiti Plus)
simona@romania-insider.com
What prompted you to organize a new edition of the Climate Supplier Event and what were the main objectives of this meeting?
Corina Dospinoiu-Imre: We considered it the right moment to accelerate collaboration with our suppliers. The main objective of this edition was to create a framework for dialogue through which we could discover what the opportunities are for streamlining business processes, what we stand to gain from an economic perspective, and to understand together how we measure the carbon footprint, what the reduction levers are and how we can support our partners to adopt sustainable practices through education and financing programs. By bringing together over 100 suppliers at the Climate Supplier Event, we aim to generate a transformation at the supply chain level, which has the effect of a quantifiable reduction of carbon emissions in the near future.
Why do you consider that this event is relevant not only for Auchan suppliers, but for the entire food industry in Romania?
Corina Dospinoiu-Imre: A major event such as the Climate Supplier Event is relevant both for Auchan suppliers and for the entire food industry in Romania, because food chains function as an interconnected system. If only one retailer or a few producers act, the impact remains limited. Agriculture, processing, logistics, packaging, all these elements contribute to generating emissions, costs and competitiveness. This is why our event is about how the entire sector can become more efficient, more sustainable and more resilient in the face of climate change.
How does Auchan support local suppliers in the transition to more sustainable business models?
Corina Dospinoiu-Imre: We launched the Partners for Decarbonization program in which we collaborate directly with suppliers to measure their emissions and to develop plans to reduce them. Also, to support Auchan suppliers, for the first time, through the partnership with BRD – Groupe Société Générale, the bank offers our suppliers access to an extended range of sustainable financing options, from which they can choose depending on the specifics of their company’s activity. By accessing these instruments, companies can quickly reduce operational costs related to energy, logistics and resources, and in time they strengthen their competitiveness and their capacity to manage climate risks. In addition, a responsible approach visibly increases their credibility and opens easier access to financing that requires clear sustainability criteria.
In parallel, during the event a workshop took place through which suppliers chose several levers for optimizing and streamlining their own businesses, which will result in reducing emissions as well as costs. We aim in the immediate period ahead to take contractual commitments with our suppliers regarding emission measurement, the creation of decarbonization plans and tracking constant progress. What remains an important stake for us is to continue finding solutions through which we can support our suppliers in this endeavor.
Why do you say that decarbonization is not only an environmental issue, but also one of economic competitiveness?
Corina Dospinoiu-Imre: Reducing emissions is not only an expense, but also a tool for increasing efficiency. For example, optimizing the logistics chain, reducing food waste, improving energy efficiency and reducing packaging translate directly into lower costs, which leads to better profitability, and the effect of these measures also impacts the reduction of carbon emissions. Thus, decarbonization becomes a growth engine and not an environmental obligation.
How can Romanian farmers and processors turn sustainability into a real market advantage?
Corina Dospinoiu-Imre: Sustainability becomes a real competitive advantage for Romanian farmers and processors through the rigorous optimization of resources, which leads to a significant reduction of operational costs. Adopting practices such as precision agriculture, which optimizes the use of water, fertilizers and pesticides, and integrating renewable energy sources (solar, biomass) in farms and processing units minimize the carbon footprint and expenses. Efficient management of water and waste also contributes to lowering long-term costs, turning sustainability investments into substantial savings.
Moreover, applying the principles of the circular economy allows the intelligent valorization of agricultural by-products and processing waste. These can be transformed into new revenue streams, such as compost or biogas, while reducing disposal costs. This approach not only reduces waste but also creates opportunities for market differentiation, adding value to the entire production cycle and responding to the growing demand for responsible products and processes.
These sustainability efforts also open access to crucial strategic financing. Companies with a strong sustainability profile that integrate ESG (Environmental, Social, Governance) criteria become attractive from an investment perspective. Thus, they benefit from easier access to European funds and banking financing under better conditions than companies that do not prioritize sustainability.
What does a food chain prepared for the future mean, in your view?
Corina Dospinoiu-Imre: For us, a food chain prepared for the future is one in which every link, from farmer, processor and retailer to logistics, adopts clear sustainability objectives, uses technology and data to improve performance, and creates value together for the end consumer. In essence, we aim to create a strong ecosystem that mitigates its risks, whether they are climate-related or linked to current and potential high energy or raw material costs, by transforming business models.
I wish for all of us a chain in which we reduce waste and excessive energy consumption, optimize transport and in which quality and resilience become a standard. In this way, we will be prepared not only for climate challenges but also for consumer and global market requirements.
Through projects such as the Climate Supplier Event and dedicated partnerships, Auchan Romania encourages the integration of sustainability principles throughout the supply chain as part of a joint effort for a responsible transition. In this sense, the company reaffirms its ambition to build a Romanian model of responsible sourcing, capable of generating a positive impact for nature and communities and, at the same time, supporting economic growth.
*This interview was edited by Romania Insider for Auchan Romania.
The concept of the mega-project DraculaLand, a privately funded development exceeding EUR 1 billion that aims to become the largest entertainment, retail, and technology destination in Europe, was recently unveiled. The investment is planned for a 160-hectare site not far from Bucharest and aims to position Romania as a new global hub for large-scale entertainment, its representatives said.
The project includes a theme park of more than 780,000 sqm with six immersive zones and over 40 major attractions, a 22,500-seat multifunctional arena for concerts, esports competitions, and international events, as well as a luxury fashion and home-deco outlet developed with partners from Milan and Florence, according to the press release.

Accommodation plans feature three hotels totaling 1,200 rooms, while an aqua park and thermal spa of around 50,000 sqm will include one of Europe’s largest wave pools.
In addition, a 4.5 km racing circuit and a business and tech hub with space for more than 1,000 workstations for startups in gaming, AI, and digital industries are also part of the concept.

“DraculaLand brings together everything we’ve learned in real estate: discipline, rigor, vision, and the ability to keep complex teams with very different specializations aligned. But more importantly, it adds a story that gives meaning to every square meter built,” said Dragoș Dobrescu, founder of DraculaLand.
The developers said the project has been shaped in its concept and master-planning stages with international specialists in architecture, engineering, and finance.

Alongside the physical infrastructure, DraculaLand will include a parallel digital version built in Unreal Engine 5, offering visitors a metaverse “twin” of the site. Users will be able to interact with the virtual destination via a native token, NFTs, AI-driven personalisation tools, and real-time links to events taking place in the physical park.
According to current projections, developers estimate that DraculaLand could generate more than 5,000 direct and indirect jobs, attract around 3 million visitors annually in its initial phase, and produce an estimated EUR 5 billion in economic impact over the next decade.
Further details on timelines and construction phases have not yet been announced.
irina.marica@romania-insider.com
(Photos: press release)
Romania’s National Committee for Emergency Situations decided to distribute drinking water from the state reserves to 13 localities in the counties of Prahova and Dâmboviţa. The area was severely impacted by a drop in water levels at the Paltinu Dam, leading to problems in the water distribution system and affecting over 100,000 people, local hospitals, and the Brazi refinery.
The water will be distributed free of charge to ensure the minimum living conditions of the population, according to the authorities, cited by News.ro.
Problems with the water supply in the region were generated by the decrease in the water level in the Paltinu reservoir caused by scheduled hydrotechnical works at the dam, combined with the increase in turbidity and volume of sediments caused by rain. The sediments affected the quality of raw water and imposed the interruption of the drinking water supply in 12 localities in Prahova County and one locality in Dâmboviţa County.
In total, more than 107,000 people are affected by the lack of drinking water, as well as institutions, schools, and medical units.
Also impacted by the lack of water was the Brazi natural gas refinery, operated by OMV Petrom in Prahova County. The refinery, which produces about 10% of Romania’s energy, will be supplied by thermal energy provider Termo Ploieşti with water in the coming days in order to maintain operations.
The decision regarding the water supply of the Petrobrazi Refinery was taken on Tuesday, December 2, in a meeting attended by representatives of the Ministry of Energy, the authorities of Prahova, OMV Petrom, Transelectrica, Zonal System Operation Prahova (ESZ), Hidro Prahova, ISU Prahova, and Termo Ploieşti. Authorities noted at the meeting that the uninterrupted operation of the OMV Petrom refinery “is vital for national energy security.”
In turn, the Câmpina Municipal Hospital, the Voila Psychiatric Hospital, the Florești Pulmonology Hospital, the Băicoi Town Hospital, and the Breaza Pulmonology Hospital were also left without water. Speaking on the issue, health minister Alexandru Rogobete noted that the situation is being monitored and that patients will be transferred to Bucharest hospitals if possible.
“Considering that the initial 72-hour deadline for resuming water supply has been exceeded, I ordered the activation of the emergency cell at the level of the Ministry of Health, which I personally coordinate. The cell operates permanently, with continuous reporting, rapid interventions, and direct connections with all institutions in the field,” Alexandru Rogobete said.
He also announced that, to support medical staff and patients, more than 1,650 drinking water containers will be supplemented daily.
Previously, the Prahova County Council announced that medical activity had been suspended in the five affected hospitals.
Meanwhile, Romanian environment minister Diana Buzoianu, who faced blame from governing coalition partners for the crisis, publicly presented the chain of events that led to the interruption of water supply in the counties of Prahova and Dâmbovița. The minister emphasized that the decision to stop the water did not belong to the ministry, but resulted from the inability of the local operator ESZ Prahova to supply drinking water according to sanitary standards.
The ministry emphasized that ESZ Prahova was officially informed as early as October that the reduction of the reservoir level could affect water supply and that the operator had a legal obligation to take compensatory measures, namely ensuring buffer reservoirs, identifying alternative sources, preparing the network for emergency scenarios, and informing the public and local authorities. No measures were implemented, the ministry showed, cited by Mediafax.
Moreover, ESZ Prahova, ABA Buzău–Ialomița, and Hidroelectrica sent the ministry official assurances throughout October–November that the water supply would not be affected.
After the controlled lowering and heavy rainfall, the turbidity of the raw water increased above the limits allowed for treatment. The Voila station could no longer treat the water, and the Public Health Directorate (DSP) confirmed that its distribution would have endangered public health. Thus, the water stoppage was a technical consequence, not an administrative decision of the ministry.
According to data provided by the Romanian water authority, the complete resumption of the drinking water supply is estimated to take up to six days.
(Photo source: IGSU - Inspectoratul General pentru Situatii de Urgenta, Romania on Facebook)
The Institute for the Investigation of the Crimes of Communism and the Memory of Romanian Exile (IICCMER) has issued a public appeal to president Nicuşor Dan and prime minister Ilie Bolojan to demonstrate “firmness in decision-making” in order to counter what it describes as an “increasingly insidious phenomenon of pro-totalitarian nostalgia,” G4media.ro reported. The institute argued that the trend “fundamentally threatens democratic values and institutions.”
Daniel Şandru, executive president of IICCMER, stated that “the crimes of the communist regime, the repressions of the Securitate, the restrictions on fundamental freedoms, hunger, cold and suffering are, unfortunately, trivialised today and replaced by campaigns to rewrite history and whitewash the totalitarian past.”
His comments were included in the public appeal addressed to the head of state and the prime minister.
The appeal noted that Romania will soon mark the thirty-sixth anniversary of the end of the communist regime, described as “an illegitimate and criminal regime, a totalitarian system that, through its atrocities, left deep marks on our collective conscience.” Şandru wrote that Romanians had a “moral obligation to do everything in our power so that that terrible history would never be repeated,” but said the country had “significantly deviated from this fundamental duty.”
He stressed that this moment should not be viewed as one of “capitulation” or “resignation” but rather of acknowledging “a painful but necessary truth.”
According to Şandru, Romanian society is “passively witnessing a furious, systematically coordinated assault, intended to rewrite and distort the historical reality of the recent past.” He warned that this situation represents “an existential danger for the memory and identity of Romanian society.”
The institute reiterated that the crimes of the communist period, including the actions of the Securitate and restrictions on basic freedoms, along with hunger, cold, and suffering, are increasingly being trivialised and replaced by efforts to rehabilitate the totalitarian past.
iulian@romania-insider.com
(Photo source: Inquam Photos/Octav Ganea)
Romania's Ministry of Transport blocked a key procedural step required for the listing of Bucharest Airports Company on the Stock Exchange (BVB) after opposing an item on the shareholders' agenda concerning the resumption of the auditor selection process. The vote took place at the end of November, following a request by Fondul Proprietatea, which holds a minority stake in the company and has long advocated for a public offering, Bursa.ro reported.
The selected auditor would also have been responsible for preparing the company for listing.
Aeroporturi Bucureşti, which operates Henri Coandă and Aurel Vlaicu airports, is valued at RON 5.3 billion (over EUR 1 billion) based on Fondul Proprietatea's most recent reports, according to calculations published by Bursa.ro.
For the first nine months of 2025, Bucharest Airports reported operating revenues of almost RON 1.23 billion, an increase of 20.3% y/y, supported by rising passenger traffic and higher commercial income.
The net profit reached RON 609.4 million, up 31.7% compared to the same period of 2024. Last year, the company posted a net profit of RON 608.8 million.
Fondul Proprietatea's stake in Aeroporturi Bucureşti accounted for 52.6% of its net asset value at the end of November, making it the fund's most significant holding. The fund has repeatedly warned that prolonged delays in the listing process limit value creation and reduce the company's access to capital needed for infrastructure development, particularly in the context of growing passenger numbers at Henri Coandă Airport.
The Ministry of Transport, which owns an eighty percent stake in the company, has not publicly explained its decision to reject the auditor selection item.
iulian@romania-insider.com
(Photo source: BVB)
As Romania moves closer to implementing the EU Pay Transparency Directive, local employers are preparing for one of the most consequential shifts in workplace regulation in over a decade. The directive, set for transposition by June 2026, introduces strict new rules on salary disclosure, pay reporting, and equal-pay verification, aiming to close persistent gender gaps and bring greater fairness to compensation practices across the EU. But beyond compliance, the new rules are poised to reshape how Romanian companies recruit, manage performance, promote staff, and communicate internally.
The upcoming changes will require employers to reveal salary ranges to candidates before interviews, abandon confidentiality clauses regarding pay, and justify any significant gender-based differences through objective, documented criteria. Companies with over 250 employees will also be the first to publish gender pay gap indicators in 2027, using 2026 data. If unexplained gaps of more than 5% persist, companies will have to conduct a joint pay assessment with employee representatives, an obligation that could expose deeper structural issues and force accelerated corrective action.
To understand how these requirements will affect both the legal and HR landscapes, Romania Insider spoke with Lorena Tănase, Partner at ONV LAW (left), and Alina Sîrbu, Partner at Arthur Hunt (right).
Lorena Tănase explains that the directive will compel companies to revisit employment contracts, remuneration frameworks, and internal policies, warning that non-compliant employers may face fines, legal claims, or exclusion from procurement procedures.
Alina Sîrbu highlights the cultural shift ahead, noting that transparency will bring consistency to hiring and promotion decisions, reduce discretionary practices, and push companies, especially those lacking job architectures or reliable data, to invest in more mature HR systems.
While many employers see the directive as a compliance hurdle, both experts agree that early adopters can transform transparency into a competitive advantage: strengthening trust, improving employer branding, and aligning Romanian workplaces with broader European expectations.
Read the full Q&A interview below:
Could you briefly explain the main objectives of the EU Pay Transparency Directive and when companies in Romania can expect it to take effect?
Lorena Tănase, Partner ONV LAW: The EU Directive 2023/970 aims to strengthen the principle of “equal pay for equal work or work of equal value” by increasing pay transparency and introducing effective enforcement mechanisms. Its goal is to eliminate gender-based pay gaps and ensure that companies clearly communicate salary criteria, provide employees and candidates with relevant information, and correct unjustified pay differences. Member States must transpose the Directive by 7 June 2026, and the first reports for large companies will be required in 2027, covering 2026 data.
What are the key legal changes the directive introduces for employers, particularly regarding pay reporting and transparency requirements?
Lorena Tănase: The Directive introduces several new obligations for employers to promote transparency and prevent pay discrimination. Companies will need to adjust their policies and processes to comply with these rules. Key changes include:
What type of pay information will companies be required to share with employees, job candidates, or authorities, and how often?
Lorena Tănase: Companies are required to be transparent about salaries and provide relevant information to candidates, employees, and authorities.
Candidates must be informed of the starting salary or the pay range for a position before interviews, ensuring transparency from the outset of the recruitment process.
Employers shall make easily accessible to their workers the criteria that are used to determine workers’ pay, pay levels and pay progression. Those criteria shall be objective and gender neutral.
Workers shall have the right to information on their individual pay level and the average pay levels, broken down by sex, for categories of workers performing the same work as them or work of equal value to theirs. Also, companies are prohibited from requesting candidates’ salary history, and confidentiality clauses regarding employees’ pay will no longer be permitted.
In turn, companies will be required to report gender pay gap indicators, such as differences in average salaries, and the distribution of employees across pay bands.
How will the directive affect confidentiality clauses, employment contracts, and overall pay policies within companies?
Lorena Tănase: The Directive brings important changes that require companies to review and adapt their internal rules and employment agreements to ensure pay transparency. General confidentiality clauses regarding salaries, that prevent employees from discussing their salaries will need to be removed. Employment contracts and internal policies should clearly document pay structures and ensure that any differences are objectively and gender-neutrally justified.
Pay policies must be gender-neutral and capable of explaining differences for equivalent work. Recruitment processes also need to be adapted, clearly stating pay ranges from the initial recruitment phases and ensuring that interviews avoid questions about candidates’ previous salaries.
What penalties or reputational risks could companies face if they fail to comply with the new rules?
Lorena Tănase: Failing to comply with the Directive can have both legal and reputational consequences, making it essential for companies to prepare in advance. Legally, employers may face fines, exclusion from public procurement procedures, corrective measures, and potential lawsuits in which employees seek damages if pay differences are not objectively justified. The burden of proof is on the employer to show that no gender-based discrimination has occurred. Moreover, it may become necessary for companies to obtain a “pay transparency compliant” label to remain eligible within contracting chains, as contractual partners—particularly larger organizations—may require collaboration only with entities that meet such standards, similar to ESG-related requirements.
From a reputational perspective, disclosed pay gaps can harm an employer’s brand, affect staff retention, and strain relationships with employee representatives or unions. Unprepared companies may also incur additional costs for internal audits, system changes, salaries adjustments and potential litigation once the law comes into effect.
How will the requirement to disclose pay ranges or criteria affect recruitment, salary negotiations, and promotion processes?
Alina Sîrbu, Partner Arthur Hunt: As Romania prepares to implement the EU Pay Transparency Directive by June 2026, companies are entering a new era of openness about pay. What began as a compliance obligation may quickly become a differentiator, separating organizations that use transparency as a tool for trust, fairness, and brand strength from those who struggle to adapt and face reputational, legal, and cultural risks.
One of the most visible shifts will be in the hiring process. Employers will have to disclose pay levels or ranges before interviews, and they will no longer be allowed to ask candidates about salary history. Job ads must use gender-neutral language and reflect objective, transparent pay criteria.
This means fewer ad-hoc negotiations and more structured offers within predefined bands. Recruiters and managers will need clear talking points and consistent internal approvals. Promotions will also need to follow documented, transparent rules. Subjective or discretionary decisions will no longer pass unnoticed.
For well-prepared employers, this is an opportunity to professionalize pay frameworks, improve internal equity, and position themselves as trustworthy, modern organizations. But for those without a clear job architecture or data accuracy, compliance could prove costly and stressful.
What should companies know about the new gender pay gap reporting and pay audit obligations, and how should they prepare?
Alina Sîrbu: Companies with over 250 employees will be the first to report gender pay gaps by June 2027, followed by smaller employers in later years. If an unexplained pay gap of more than 5% persists, they will be required to carry out a joint pay assessment with employee representatives or take corrective measures within six months.
Beyond numbers, this process demands maturity in job evaluation, pay structures, and data collection. Employees will gain the right to request information about their pay level and the average pay for equal or equal-value work, while pay-secrecy clauses will be prohibited.
This new level of visibility can reveal long-hidden imbalances, creating pressure, but also the possibility to correct them and showcase progress. Transparent reporting can thus become a strategic reputation tool rather than just a compliance burden.
How can foreign or multinational employers align their global pay structures with Romania’s local transparency requirements?
Alina Sîrbu: For most multinational employers, Romania’s pay transparency rules will be relatively easy to implement. Many already have structured salary bands, job grading systems, and objective pay criteria built into their global remuneration policies. These provide a solid foundation for compliance.
Since the directive applies across the entire European Union, large international groups will roll out similar transparency measures in all their European entities, creating consistency and shared governance.
Still, success will depend on local adaptation, ensuring that pay ranges, communication materials, and reporting processes meet Romanian legal and cultural specifics. In this sense, pay transparency is less a disruption for global companies and more an opportunity to showcase fairness, strengthen employer branding, and reinforce European alignment.
What role should HR play in communicating these changes internally and fostering a culture of transparency?
Alina Sîrbu: Pay transparency will reshape not just pay systems, but also culture, communication, and company reputation. HR will lead this change, but it cannot and should not do it alone.
Management needs to grasp the full impact, allocate proper resources, and stay actively involved to ensure credibility and alignment. Without leadership backing, transparency risks becoming a technical exercise instead of a genuine shift toward fairness and trust.
In organizations that already value openness and dialogue, the transition will be smoother. Where trust is low, the directive will expose deeper cultural challenges.
Ultimately, pay transparency is not just an HR reform, it’s a leadership test and a mirror of how authentic a company’s culture truly is. So, HR should be at the centre of this quest, but leadership must stand beside it.
Beyond compliance, how can companies leverage pay transparency to drive trust, engagement, and stronger employer branding?
Alina Sîrbu: While many organizations view the directive as an administrative burden, progressive employers see it as an opportunity for differentiation. Those who communicate a clear pay philosophy, show how decisions are made, and actively close pay gaps will stand out in a crowded talent market.
Transparency builds trust, engagement, and retention, especially among younger generations. It can also elevate employer branding by signalling integrity, inclusion, and professionalism. In a market where top talent increasingly values fairness and purpose, transparency can become a true strategic advantage.
In your view, what long-term impact will this directive have on Romania’s labor market and on how foreign companies operate here?
Alina Sîrbu: Over time, pay transparency is likely to narrow gender gaps, standardize compensation practices, and reduce salary disparities driven by negotiation skills rather than performance. The Romanian labour market may become more mobile and merit-based, rewarding companies that invest in robust HR systems and equitable pay design.
However, the transition won’t be smooth for everyone. Companies unprepared for transparency, lacking data quality, job structures, or communication capability, may face legal exposure, internal tension, and higher compliance costs.
In contrast, those who act early will not only meet the letter of the law but also gain the trust of their people and the respect of the market. Pay transparency, far from being a bureaucratic exercise, could well become the new hallmark of credible, competitive employers in Romania.
Lorena Tănase: In the long term, the Directive is likely to bring profound internal changes in Romanian companies, fundamentally altering how remuneration is structured, evaluated, and discussed. It will drive the transformationof HR processes and encourage companies to adopt clearer, more objective pay frameworks. Transparency will gradually reduce the traditional reluctance to discuss salaries and hence will create a workplace culture that supports fairness and helps close persistent gender pay gaps
The Directive will create both challenges and opportunities. On one hand, multinationals with mature compliance systems will adapt more easily, aligning practices with global standards of pay equity and reporting. On the other hand, the administrative burden will increase, especially for employers managing cross-border teams or complex bonus structures. In the long run, however, companies that embrace transparency are likely to gain reputational advantages, attract and retain talent more effectively, and contribute to a more equitable and predictable labor market environment in Romania and all over the EU as well.
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*This interview was edited by Romania Insider for ONV Law.
Lot 3 Pietroasele–Buzău of Romania's A7 highway, also known as the Moldova highway, was inaugurated on Thursday, November 27. The newly inaugurated segment is 13.9 km long.
The A7 connects Romania’s historic regions of Muntenia, the southern part of the country, with Moldova, the eastern part.
“We are opening another 13 km of the Moldova Motorway to traffic, the Pietroasele–Buzău Lot, so we will be able to drive from Bucharest to Focșani over a distance of 210 km. After discussions with the builder, we aim to open up to the vicinity of Adjud by the end of this year,” said transport minister Ciprian Șerban.
Present at the inauguration, former transport minister Sorin Grindeanu said that the segment could have been opened last year.
“We could have had this inauguration one year earlier if the National Council for Solving Complaints and all the other institutions had done their job better, but I want to congratulate the builders; they finished ahead of schedule,” he said, adding that the segment is extremely important for the city of Buzău, according to Agerpres.
The works, carried out by the association Nurol Inșaat Ve Ticaret Anonim Șirketi - Makyol Inșaat Sanayi Turizm Ve Ticaret Anonim Șirketi, began on March 1, 2024, with an execution period of 20 months. The value of the contract was over RON 1 billion, without VAT, financed through the National Recovery and Resilience Plan.
Former prime minister Marcel Ciolacu, currently running for president of the Buzău County Council, also took part in the event organized before the opening of the segment. The official, who has faced accusations of letting Romania’s budget deficit balloon to 9.3% of GDP during his tenure, argued that the money went into infrastructure investments.
“We invested RON 120 billion. We all know the comments, both good and bad, mostly bad. To those who criticized me, I answer with only one thing: let them come and see this highway, let them drive on it, especially since winter is coming, and in winter, driving on the highway is the safest,” emphasized Marcel Ciolacu.
However, independent analyses show that around a third of the money went to investments. The rest were directed to wage increases in the public sector or subsidies.
Lot 1 of the Moldova Highway opened in December 2024. Overall, the A7 highway is around 320 km long.
(Photo source: Sorin Grindeanu on Facebook video capture)
This week, the EDIT association launched the mural “Write your story through sport,” dedicated to Olympic and world swimming champion David Popovici.
The work, created by the Sweet Damage Crew on an area of approximately 400 sqm on Simion Bărnuțiu Street in Timișoara, is part of the Outline Streetart urban revitalization project and promotes sport, discipline, and the motivation necessary for performance, as well as confidence in one’s own potential.
David Popovici is one of the most important personalities in world sport and one of the strongest voices of Romanian sport, the authors of the mural said.
“I encourage all children and young people in Romania to discover sport as a source of energy and to follow their dream with confidence in any field they choose,” David Popovici said.
The mural seeks to amplify this message and bring to the forefront the role of sport in the development of new generations. Visible from a heavily trafficked area, this project aims to inspire passers-by through the portrait of one of the most appreciated Romanian athletes of the moment, recognized worldwide, the initiators stated.
Created by the artist RECIS, a member of the Sweet Damage Crew, together with three assistants, the mural took shape over 15 days of intense work.
“The work aims to pay tribute to David’s sporting achievements, capturing the emotion and intensity of the moment in an artistic manner that offers the viewer a visual antithesis by overlapping the central subject in different postures,” RECIS said.
Outline Streetart is a project of the EDIT Association that transforms urban spaces into spaces for dialogue, visual education, and motivation. The mural was approved by the Timișoara City Hall.
(Photo source: press release)
Some dinners are eaten. Others are remembered.
At Corinthia Grand Hotel du Boulevard, the past few months have unfolded like a quiet culinary opera. One by one, Europe’s most celebrated chefs arrived, took over the kitchen of Boulevard 73 and left behind more than menus; they left stories.
Now, on December 4, the curtain falls.
The Michelin Dinner Series reaches its final performance with a guest who arrives not only with a star, but with a philosophy.
For the closing night, Executive Chef Pedro Mendes welcomes Chef Rodrigo Castelo, holder of both a Michelin Star and a Green Star, a rare combination that honours not only excellence, but conscience. Sustainability here is not a trend, but a belief system: ingredients rooted in place, flavours built with respect and a kitchen that thinks as much as it cooks.
This final dinner is not about spectacle. It’s about meaning.
If earlier evenings introduced technique, theatre and tasting menus with bravado, this last chapter promises something quieter and deeper. A sense of return. A feeling that the series is not ending, merely exhaling.
“This is a guest who cooks with purpose,” says Mendes. “And for a final night, purpose is exactly what you want.”
Since the first evening of the series, the dining room of Boulevard 73 has been many things: a passport, a backstage pass, a private gallery of flavour.
Each chef arrived with their own language. Their own grammar of taste. Their own accent in sauce and spice. And for one or two nights only, Bucharest learned to speak it fluently.
There were menus that travelled coastlines and others that wandered mountain paths. Plates that whispered of heritage and those that leaned unapologetically into modernity. There were evenings where silence followed the final course, the best compliment a kitchen can receive.
For a city growing rapidly into its fine-dining identity, the series has been more than a rotation of stars. It has been a statement: Bucharest is not waiting its turn. It has arrived.
Boulevard 73, itself a restored ballroom, feels particularly alive in December.
Light settles differently in winter. Chandeliers glow with intent. Tablecloths seem to listen closer. There is a hush before the first course that only appears on evenings like this, when a room understands something important is about to happen.
On December 4, that atmosphere will be at its purest.
This is not simply the final event of a series. It is the moment when all of it becomes memory.
And, for the fortunate few with a seat, a story they will tell long after dessert is gone.
There may still be a handful of places left.
Not many.
But enough, perhaps, for those who decide that some evenings should not be postponed.
Because not every night earns the right to be a finale.
And not every city gets to host one.
On December 4, Corinthia Bucharest doesn’t just serve dinner.
It serves the last chapter of a story worth tasting.
Discover more: https://www.corinthia.com/en-gb/bucharest/boulevard73/michelin-nights/
*This is partner content.
Romania's Ministry of Finance published for debate the draft emergency ordinance (OUG) on the second budget rectification of this year on the evening of November 27. According to the document, the general government budget deficit will remain at 8.4% of GDP, Hotnews.ro reported.
Central government budget revenues for 2025 are revised downwards by RON 2.1 billion, while planned expenditures are cut by over RON 2.7 billion.
"The largest part of the rectification focuses on covering amounts in the health sector. We are basically covering medical services, medicines, sick leave of over RON 2 billion," minister of finance Alexandru Nazare explained in the press conference, where he also explained the budget execution for the first ten months of the year.
The minister also said that the rectification will allocate amounts for payments of arrears to the Ministry of Transport.
The public deficit edged down marginally (-0.5% y/y) to RON 108.9 billion (EUR 21.4 billion) in January-October, while the deficit to GDP ratio eased to 5.72% in the first ten months of this year compared to 6.22% in the same period of 2024. The government targets an 8.4% of GDP deficit for the entire year 2025, a moderate improvement from 8.65% in 2024.
iulian@romania-insider.com
(Photo source: Facebook/Alexandru Nazare)
The Romanian national team debuted with a victory in Group A of the Women’s Handball World Championship, organized in the Netherlands and Germany.
Romania won 33–24 (13–12) against Croatia in the Ahoy Arena in Rotterdam on Thursday, November 27.
The Romanian team dominated the match in the second half, left backer Sorina-Maria Grozav scoring 7 goals, followed by pivot Lorena-Gabriela Ostas with 5, and center back player Ioana-Rebeca Necula with 4. Several other Romanian players scored, while Yuliya Dumanska had 13 saves (41%), and Bianca Curmenţ 2 (29%), according to Digi24.
On the Croatian team, Tina Barisic scored 7 goals, Sara Senvald 3, Ana Malec 2, and Andrea Simara 2, among others. Croatian goalkeeper Lucija Besen made 9 saves (29%).
Romania will play the next match on Saturday against Japan.
Romania has participated in all editions of the Women’s Handball World Championship, and in 2023, it ranked 12th.
(Photo source: FRH - Federația Română de Handbal on Facebook)
Participation in cultural education activities continues to be limited, with the main barriers being difficult access, insufficient knowledge, and cost, the recently released Cultural Consumption Barometer 2024 shows.
The report showed that many Romanians still associate culture with entertainment rather than with personal development or furthering their knowledge. The need for relaxation dominates in cultural consumption, at the expense of educational experiences.
The survey showed that, in 2024, 67% of the respondents and their children did not attend any cultural education activities, despite high awareness of their importance.
Among the respondents who took part in cultural education events, 78% reported that the main benefit was learning, having new information and notions about art and culture. Moreover, for 70%, the wish to learn more led to greater involvement in various cultural initiatives, and for 42%, cultural education led to an increase in their children's school performance.
Although the potential public, namely people who do not reject cultural events but cannot access them, is numerous, cultural infrastructure remains a major issue, especially in rural areas, where 44% of Romanians live. The survey showed that the lack of attendance is connected to infrequent cultural offerings, such as festivals and fairs, or to specific infrastructure and educational barriers, as the consumption of classical music.
According to the survey, interest in heritage sites remains high, with 66% of respondents reporting having visited historical monuments and archaeological sites at least once a year, and 42% reporting visiting museums, exhibitions, or art galleries.
At the same time, 38% saw a film at the cinema at least once in 2024, while 23% went to the theater at least once, similar to 2023 levels.
The survey also revealed that attendance at events with a community element, such as celebrations, local events, religious sermons or churchgoing, and meeting relatives and friends, continues to attract a significant share of respondents.
The report showed that those aged 18 to 35 are increasing their cultural consumption, especially in the digital environment, while those aged 36 to 50 are attending fewer cultural events, due to intense work demands, leading to a break in the cultural connection between generations, the authors of the report note.
Furthermore, the report points to the internet's growing role locally in cultural consumption and to two main groups: elite cultural consumption and mass, entertainment-driven consumption.
When it comes to cultural consumption in the private sphere, the survey notes increases in music consumption and online media, and decreases in reading, including audiobooks, watching films and entertainment on cable TV, and TV programs in general.
Types of audience and activities
The report outlines four types of audience, depending on the frequency of their participation in cultural events: the stable/ regular public, who access the cultural product at least once a week/month; the potential public, who access a product at least once every six months; the occasional public – at least once a year; and the non-public, who doesn’t access the product or have the interest to.
At the same time, it outlines distinct behaviors depending on the type of activity: activities with a cultural component, entertainment and relaxation activities, activities with a community dimension, and activities that entail an active lifestyle. The results of the study confirm a cultural change, highlighting the increase in the importance of friendship and ways of spending leisure time. Participation in community activities attracts the highest percentage of regular public: meetings with families and friends (79%) and going to church (50%).
When it comes to entertainment and relaxation activities, the stable public reports the highest percentages for going to the mall (59%) and the restaurant (45%). In what concerns activities that involve an active lifestyle, walks in the park have a stable public of 61% of the respondents, unlike practicing a sport, which has only 34%.
In the non-public sphere, data show a strong orientation of the public towards accessible cultural consumption forms. A total of 88% of the respondents said they listen to music at least once a week, and 84% watch news or other current affairs shows on TV with the same frequency.
Regarding reading habits, 26% said they read books, 7% said they listened to audiobooks, and 45% said they read newspapers or magazines, either in print or online, weekly.
A total of 89% of the survey respondents said they accessed social networks at least once in the past year, 71% said they used the internet for professional purposes, and 59% said they watched films or other programs online.
The study, conducted by the National Institute for Cultural Research and Training (INCFC), surveyed 1,064 people. It has a maximum error margin of +/-3.1%, and a confidence level of 95%.
(Photo: Elenaphotos | Dreamstime.com)
simona@romania-insider.com
Romanian tennis player Iulian Chiriță secured two medals at the ITTF World Youth Championships 2025 in Cluj-Napoca, after qualifying for the finals in the mixed and men’s doubles.
In mixed doubles in the Under-19 juniors’ competition, Chiriță and Welsh player Anna Hursey defeated the French pair Flavien Coton/Leana Hochart 3-2 in the quarterfinals, and in the semifinals, they beat the Japanese players Ryuusei Kawakami/Sachi Aoki 3-1, according to Agerpres.
On Friday, November 28, Chiriță and Hursey will meet China's Hechen Li/Yuxuan Qin in the final.
In the men’s doubles event, Iulian Chiriță and the Portuguese player Tiago Abiodun qualified for the semifinals, where they will face the Japanese pair Ryuusei Kawakami/Kazuki Yoshiyama, also on Friday.
Chiriță and Abiodun defeated the pair Alan Kurmangaliev (Kazakhstan)/Benyamin Faraji (Iran) 3-0 in the round of 16, and in the quarterfinals, they prevailed over India’s Ankur Bhattacharjee/Abhinandh Pradhivadhi (India) 3-0.
In another round of 16 match, Dragoș Bujor and Poland’s Rafal Formela lost to the Taiwanese players Guan-Hong Kuo/Hsien-Chia Hsu 1-3.
In the Under-19 girls’ competition, in the round of 16, Alesia Sferlea and the Pole Karolina Holda were defeated by the pair Lilou Massart (Belgium)/Maria Berzosa (Spain) 1-3, and Bianca Mei-Roșu and the Slovenian Sara Tokic lost to the Japanese players Sachi Aoki/Yuna Ojio 0-3.
In Under-15, in the boys’ doubles event, Andrei Țîbîrnă and Raul Creucu lost in the round of 16 to the Italians Francesco Trevisan/Danilo Faso 1-3.
In the girls’ event, Patricia Stoica and the Czech player Hanka Kodet were defeated in the quarterfinals by the Chinese players Qihui Zhu/Ziling Liu 3-0, after winning 3-0 against the pair Sum Lok Yuen/Yee Lam Yeung (Hong Kong).
Maya Madar and the Austrian Mariia Lytvyn lost in the round of 16 to the Algerian pair Jade Morice/Tania Morice 0-3.
(Photo source: Federatia Romana de Tenis de Masa on Facebook)
Grampet–GFR owner Gruia Stoica has signed a joint venture agreement with Chinese rolling stock manufacturer CRRC Shandong to develop a new freight wagon factory in Hungary, industry sources told Club Feroviar. The agreement was concluded last week during Stoica’s visit to China, according to the publication.
Although the project has been agreed by both sides, it has not yet been formally announced and remains in the technical and administrative preparation phase, Club Feroviar reported. The facility will reportedly be developed as a separate industrial platform from Grampet’s existing plant in Debrecen, which is focused on repairs and modernisation activities.
Sources cited by the publication stated that the decision to locate the new factory in Hungary reflects several factors: favourable logistics conditions, moderate operating costs, support from the Hungarian authorities for large-scale industrial investment, and the established regional presence of the Grampet Group. The company has expanded its operations across Central and Eastern Europe in recent years, strengthening its position as the largest privately owned rail transport group in the region.
The factory is expected to produce open wagons, platform wagons, and specialised wagons for container transport, all compliant with Technical Specifications for Interoperability standards required for circulation on the European railway network. According to industry sources, the first units could be completed in 2026 if administrative procedures progress without delay.
The partnership would mark the latest cooperation between a major European rail operator and CRRC, one of the world’s largest rolling stock manufacturers. Observers noted that Hungary has actively sought to attract large industrial projects, including in the transport and automotive sectors, by offering infrastructure support and investment-friendly regulations.
The Grampet Group has not issued a public statement on the project. However, sources familiar with the discussions told Club Feroviar that technical teams from both companies have begun preparatory work for the design and layout of the new manufacturing platform, with further details expected once the administrative phase is completed.
iulian@romania-insider.com
(Photo source: the company)
The City Hall of Sinaia, a popular mountain town roughly 120 km north of Bucharest, announced that a new attraction, the alpine coaster on Pârtia Nouă, will officially open on December 1. The installation, located in the ski area near the Sinaia Gondola, features what the authorities say is the longest track of its kind in Eastern Europe, stretching for more than two kilometers through the forest.
According to the City Hall, the track has been fully installed and tested, and the technical teams have completed all safety checks.
“It is an accessible and enjoyable attraction for children, parents, and young people, a project we are adding to the city’s offering for those who visit us and for those who live here,” said Vlad Oprea, the mayor of Sinaia.
The new facility features over two kilometers of rail, 65 sled vehicles equipped with lights, brakes and safety belts, as well as an underground garage, transport carts, access gates, a disembarkation platform, fibre-optic connectivity along the entire route, and surveillance cameras.
The alpine coaster has been designed for year-round use, depending on weather conditions.
irina.marica@romania-insider.com
(Photo source: Facebook/Gondola Sinaia)
Romania’s National Forest Administration, or Romsilva, announced that it is putting over 16,000 Christmas trees up for sale over the winter in a press release published on Thursday, November 27.
The trees can be purchased directly from the offices of the forestry districts. Prices range between RON 17 (EUR 3.3) for a spruce up to 1.3 meters in height and RON 39 (EUR 7.6) for a fir between 2 and 3 meters in height.
Of the over 16,000 trees, 13,462 are firs, and another 2,953 are spruce or other conifer species. Most of the Christmas trees come from specialized plantations, from Romsilva’s forest nurseries, with a smaller number harvested from naturally regenerated forest areas with excessive density, which require thinning operations.
Christmas trees are sold at the offices of forestry districts in mountain and hill areas, where there are forest nurseries producing conifer seedlings and coniferous forests. If Romsilva units sell Christmas trees in markets or other designated locations, transportation, handling, and storage costs will be included additionally in the final sale price.
According to Romsilva, the directorates and forestry districts will prioritize public requests through direct sales, and sales to companies will only be done within the limits of the surplus. Requests for trees taller than 3 meters are considered special orders, and the price will be approved by the management committee of the forestry directorate.
Romsilva manages 3.13 million hectares of forests owned by the state and provides forestry services for approximately one million hectares of forests in other forms of ownership. It also handles 22 national and natural parks, with a cumulative area of over 850,000 hectares, as well as 12 state horse farms.
(Photo source: Romsilva on Facebook)
Mandatul managerului Teatrul Excelsior va fi prelungit, potrivit surselor Edupedu.ro. Amintim, managerul teatrului, Vlad Cristache, a anunțat pe pagina sa de Facebook că de la 1 decembrie i-a expirat mandatul. Primarul interimar…
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Angajații Teatrului Excelsior din Capitală au semnat o scrisoare deschisă în care susțin menținerea lui Vlad Cristache în funcția de manager al teatrului și cer transparență în organizarea de urgență…The first thing guests notice is the exterior. Designed by Lithuanian creative director Mantas Petruškevičius, the hotel’s façade feels less like seasonal décor and more like a stage set. Thousands of metres of illuminated garlands, theatrical balconies and a cast of Nutcracker soldiers give the building an almost cinematic quality, as if Bucharest has briefly borrowed a set from a period drama.
Inside, floral installations created by Florăria Iris reinterpret Victorian elegance with a contemporary sensibility - generous arrangements, tactile textures and layered compositions that invite wandering rather than simply admiring.
“It’s not about overwhelming the senses,” says the creative team behind the concept. “It’s about inviting people into a story they can walk through.”
And just when guests think they’ve seen it all, Corinthia adds a twist.
On 6 December, the hotel has prepared a surprise element designed to spill beyond its doors and into the street. While details remain deliberately under wraps, the promise is simple: moments when music appears unexpectedly, light behaves theatrically and the ordinary briefly becomes something else.
It’s not an event in the traditional sense. Think of it as a festive interruption, a pause in the city’s rhythm that makes passers-by stop, listen and smile.
Behind the scenes, December plays out with equal intensity in the kitchens.
Executive Chef Pedro Mendes and Pastry Chef Cristian Vasilescu describe the season as “our busiest symphony.” While dining rooms glow with candlelight and conversation, the kitchen team moves with the kind of precision usually reserved for orchestras. Menus are polished daily, timing is everything and nothing leaves the pass without intention.
Where Chef Mendes brings warmth and depth to festive flavours, Pastry Chef Vasilescu gives desserts the personality of leading characters. Chocolate becomes velvety architecture. Citrus behaves like a bright aria. Spice whispers rather than shouts.
Guests may not see the kitchen, but they certainly feel it; in the rhythm of courses, in the confidence of presentation and in that unmistakable sense that December, here, is being conducted rather than simply cooked.
Throughout December, Corinthia leans into celebration with a calendar of in-house experiences: candlelit lunches, evening gatherings in Heritage Bar and quietly glamorous dinners within the Belle Époque spaces of the hotel.
The emphasis is deliberately personal. Rather than hosting mass events, the hotel has curated smaller, more intimate moments that allow guests to feel part of something rather than merely attending it.
Christmas Day is all about elegant tradition, New Year’s Eve carries a discreet sense of theatre and in between, the hotel behaves as December itself should - warm, slightly mischievous and beautifully unhurried.
If there’s one thing Corinthia has understood, it’s this: December isn’t about doing more. It’s about feeling more.
Here, the month unfolds slowly. One light at a time. One dish at a time. One surprise that arrives exactly when you’ve stopped expecting it.
And in a city that never quite slows down, that may be the most festive gift of all.
Discover more: https://www.corinthia.com/en-gb/bucharest/boulevard73/festive-season/
Rock star Marilyn Manson will return to Romania next summer to perform at Rockstadt Extreme Fest, organizers announced on Tuesday, December 2. He is among the headliners confirmed for the local rock and metal festival, which will take place from July 27 to 31 in Ghimbav, Brașov county.
“For the first time ever, Marilyn Manson descends upon Rockstadt Extreme Fest, and nothing will ever be the same,” reads the announcement on the event’s Facebook page.
“A polarizing icon, a boundary-breaker, and one of the most influential shock-rock figures of the last three decades, Manson headlines REF with a show built for the brave. Expect chaos and an uncompromising performance carved from the darker edges of art and rebellion,” the same post added.
In the same message, the organizers told fans to “brace yourselves” for a night built on “raw intensity” and “twisted creativity.”
Tickets for the 2026 edition of the festival can be purchased online here.
Marilyn Manson previously performed in Romania in 2006 at the B’estival music festival, as reported by Libertatea.
irina.marica@romania-insider.com
(Photo source: Facebook/Rockstadt Extreme Fest)
“Catane,” a dark comedy inspired by real events and directed by Ioana Mischie, is set to have its first special screenings in Romania after a successful festival circuit.
The film had its world premiere at the IFFI Goa festival in India and was nominated this year at the Hollywood Music in Media Awards for Best Original Music, being among the five films selected worldwide in the independent film category, a premiere for Romania.
In the film, three inspectors, intrigued by the fact that all the inhabitants of the village of Catane are requesting social assistance, go to investigate the unusual case. The inspection committee is sent into the field to establish “the truth,” but instead discovers an entire odyssey of contradictory truths. The villagers respond with ingenious plans, subtle humor, and sophisticated improvisation.
The cast includes Costel Cașcaval, Iulia Lumânare, and Cristian Bota.
The screenplay of the film was selected and appreciated in numerous prestigious international programs, from Berlinale Talents – Script Station and Sundance Workshop, to Cannes International Screenwriters Pavilion, Eastweek Screenwriting Workshop for New Talents, or Les Arcs Film Schools Village. The project was also awarded multiple important prizes for “Best Screenplay” already in its development stage.
The film’s poster, launched on Tuesday, December 2, is illustrated by the Romanian-Italian artist Mădălina Andronic, with graphics added by Studio Shentzu. The trailer is edited by Cristian Vieriu and Bogdan Jugureanu, with original music by Alexei Țurcan.
Viewers in five Romanian cities will have the opportunity to see the film in preview, in the presence of some team members, during special screenings scheduled for December. The film will be projected in Timișoara (Cinema Studio, December 6), Târgu-Jiu (Cinema City, Shopping Mall, December 7), Craiova (Cinema Inspire, Electroputere Mall, December 10), Brașov (Cinema One, December 12), and Bucharest (Cinema City AFI Cotroceni, December 8 | Cinema Elvire Popesco, December 13 and 14).
“For a decade, I collected fragments from a childhood spent in the countryside, hundreds of real stories explored in Eastern Europe, the delightful humor born out of hardship, endless hours of exploration and improvisation together with a miracle team. [...] Although the story captures complex social events, the film does not judge, but invites us to explore a collection of distinct perspectives, with great tenderness,” said director Ioana Mischie.
Filming took place in the picturesque region of the Apuseni Mountains. The film is also the first green production in Romania, using resources, sets, and objects according to an innovative industry methodology designed to reduce the carbon footprint and promote sustainable practices in filmmaking.
The film, an Italian-Romanian co-production, will officially enter the program of cinemas nationwide starting January 26, 2026.
(Photo source: press release)
Producer Ada Solomon has been elected chair of the board of the European Film Academy, marking the highest level of representation the Romanian film industry has achieved within the institution. Solomon was chosen by more than 5,400 Academy members across Europe, according to the official announcement.
Dutch producer Leontine Petit and French producer Matthieu Darras were elected deputy chairs, and the new two-year leadership term will begin on January 1, 2026. The president of the Academy remains Juliette Binoche.
Ada Solomon has served as deputy chair of the board for the past six years and was previously a full board member. A member of the European Film Academy since 2011, she is the first Romanian woman to hold a leadership role within the board.
“Being part of the European Film Academy board for a decade now, I took the responsibility to promote excellence in filmmaking in all the diversity of the European cinematic voices, but also to put the spotlight on the less visible ones – the smaller territories, the underrepresented forms of cinema, the crews behind the camera. It is a time of change, and I am ready to take the challenge knowing that I am backed up by the great executive team of the Academy and the amazing people in the board of the European Film Academy, and especially the newly elected deputy chairs: Leontine Petit and Matthieu Darras,” said Ada Solomon.
The complete list of board members is available on the official website of the European Film Academy - here.
With a career spanning more than 25 years, Ada Solomon has received multiple European distinctions, including the Eurimages Co-Production Award, the Central European Initiative Award, and the APA Excellence Award. She has produced or co-produced nearly 100 films - fiction features, documentaries, and shorts - distributed in over 50 territories. She is also a nine-time Gopo Award winner for Best Film and remains active in several European and Romanian industry organisations.
Her body of work includes acclaimed titles such as Bad Luck Banging or Loony Porn (Radu Jude, Berlinale Golden Bear), Child’s Pose (Călin Netzer, Berlinale Golden Bear), Toni Erdmann (Maren Ade, European Film Award for Best Film, Oscar nominee), Do Not Expect Too Much from the End of the World (Radu Jude) and The New Year That Never Came (Bogdan Mureșanu).
In 2025, Solomon’s latest production, Sorella di Clausura by Ivana Mladenović, screened at major festivals including Locarno, Sarajevo, and Gijon.
She has also collaborated as line producer on international projects such as Franco Zeffirelli’s Callas Forever and the German box-office hit The Three Investigators and the Legacy of the Dragon.
Founded in 1989 by Ingmar Bergman and a group of leading European filmmakers, the European Film Academy promotes the interests of the continent’s film industry. Its leadership has included Wim Wenders, Agnieszka Holland, and, since 2024, Juliette Binoche.
irina.marica@romania-insider.com
(Photo source: press release; by Adi Bulboacă)
Romania's iconic rock singer Adrian Pleșca, known as “Artan,” died on Tuesday, December 2, after a fatal stroke, at the age of 64. The artist founded the well-known band “Timpuri Noi” in 1982 and “Partizan” in 2001, and was popular on the Romanian rock scene. Over the years, he left and returned to the two bands.
Several of his former collaborators posted messages of condolence following his passing, and the band posted a mourning image of the singer. “It is very hard for us… Smooth journey, good soul, dear colleague,” the bandmates wrote.
Rumors of Artan’s bad health had surfaced earlier. Before his death, other members of “Partizan” referred to “possible health problems that have appeared recently” that affected Adrian Pleșca.
Alin Dincă, the vocalist of the band Trooper, another popular Romanian rock band, sent a message on his Facebook page commemorating Artan’s passing. “Smooth journey… Pleșca Adrian. The light has gone out,” Dincă wrote.
Similar messages were conveyed by writer Vasile Ernu and folk singer-songwriter Maria Gheorghiu, among many others.
Born in 1961, Artan studied violin, piano, and bass as a child, encouraged by his father, a music teacher. He graduated from the Politehnica University of Bucharest (Faculty of Metallurgy, 1981–1989), according to Digi24.
Between October 1981 and February 2001, he sang with the band that made him famous, “Timpuri Noi,” which he founded together with his childhood friend Răzvan Moldovan. The band reached its peak in the ’90s. On May 28, 2010, Adrian Pleșca performed his last concert with “Timpuri Noi,” and in August 2010, he returned to the music scene with the band “Partizan” after a four-year break.
Last month, the artist was accused of harassment against an 18-year-old woman in a club in Bucharest. Adrian Pleșca stated on Facebook that he regrets what happened and asked forgiveness from those affected by his behavior.
(Photo source: Partizan on Facebook)
The wooden church from the village of Oncești, one of the oldest monuments in the heritage of the Maramureș Village Museum “Mihai Dăncuș” in Sighetu Marmației, has been restored. The church has now returned to the tourist circuit through the support provided by the US Ambassadors Fund for Cultural Preservation, in a project coordinated by the US Embassy in Romania.
The completion of the cultural project was announced on Wednesday, December 3, during an event attended by the museum administration, the mayor of Sighetu Marmației, Vasile Moldovan, and the public affairs officer from the US Embassy, Alys Spensley.
The restoration was supported by a grant of USD 95,000. The project funded the repair work and preserved the church’s historic structure, but also improved the museum’s exhibitions.
“The church is among the most important heritage assets. It was brought into the museum in 1974, and since then, no conservation intervention has taken place. The church was built at the beginning of the 17th century, and it has withstood time well, and the recently completed works will restore its value. We intend to reintroduce it into the county’s tourist circuit and also to allow religious services to be held inside,” said director of the Maramureș Village Museum, Mirela Ana Barz, cited by Agerpres.
“Today’s event is not just about a beautifully restored monument, it is about reaffirming the values that guide the United States and inspire our public diplomacy work around the world and here in Romania: protecting cultural heritage and promoting the fundamental American belief in freedom of religion, an essential expression of freedom of speech,” Spensley said.
The US Ambassadors Fund for Cultural Preservation was established in 2000 and is administered by the Bureau of Educational and Cultural Affairs of the US Department of State. Through this program, the United States has supported the preservation of historic sites, museum collections, and traditional forms of cultural expression in over 130 countries.
Since 2002, the fund has supported 15 projects in Romania, offering grants for the restoration of historic buildings, the conservation of museum collections and synagogues, the protection of fortified churches, the documentation of traditional crafts, and the safeguarding of archaeological artifacts.
(Photo source: U.S. Embassy Bucharest on Facebook, Varga Mark)
In Bucharest:
Gaudeamus book fair
December 3 - December 7
Hundreds of events are scheduled as part of the bookfair, one of Bucharest’s two main ones. The fair takes place at Romexpo, Pavillion B2. More here.
Bucharest Christmas Market
November 29 - December 28
Held in the city's Constituției Square, the event will have a 30-meter-high Christmas tree, Santa Claus's House and a Ferris wheel, in addition to numerous stalls with season products.
Bucharest Downtown Christmas Market
November 29 - December 28
University Square hosts this event featuring a special culinary pop-up for the holidays, a Christmas tree, a carousel, and various light installations.
Bucharest Opera Christmas Market
December 6 – December 28
The esplanade of the Bucharest turns into a festive space, hosting classical music performances, recitals, concerts, a variety of workshops, and many other events.
Art Safari
Until December 14
The event, held at Dacia-Romania Palace, encompasses five exhibitions exploring the work of Theodor Pallady, the story of George Enescu or Japanese design. Further info here.
Concerts @ George Enescu Philharmonic
December 4, 5
Gabriel Bebeșelea conducts the George Enescu Philharmonic Orchestra for a program of works by Dinu Lipatti and Wolfgang Amadeus Mozart. Pianist Mihai Ritivoiu and flutist Joidy Blanco are the soloists. More here.
RomanIa- Identity Representation of Traditional Dress in Art
Until February 8
The exhibition, scheduled to open at the National Museum of Art of Romania (MNAR) on November 21, will showcase various depictions of the traditional Romanian blouse ia as captured in painting, sculpture, drawing, photography, installation, film, music, posters, and more. Among the works included in the exhibition are several by Henri Matisse, including the iconic La Blouse Roumaine, part of the permanent collection of the Centre Pompidou in Paris. More here and here.
Flying Carpets - Thomas Ruff & Transylvania & Anatolia
Until February 28
The exhibition “reveals the collision between tradition and modernity, between local and global, the fusion of seemingly irreconcilable values, so relevant to our hybrid present.” More details here.
József Klein and the Baia Mare Art School
Until February 28
The exhibition includes a wide selection of paintings, drawings, sculptures and documents, mostly from the painter's studio and from the Baia Mare County Museum of Art, the National Museum of Art of Romania, the Satu Mare County Museum, the Art Museum in Cluj, the Center for Culture, Art and Leisure in Târgu-Mureș, but also from private collections in Budapest and Paris. More here.
Memories and Prophecies
Until January 31
This group exhibition gathers works by six artists represented by Gaep, namely Răzvan Anton, Théo Massoulier, Tania Mouraud, Damir Očko, Cătălin Pîslaru, and Mihai Plătică, alongside two invited artists – Roberta Curcă and Vlad Nancă. More details here.
The Art of the Game
Until March 1
The event in dedicated to video games and related arts opens at ARCUB, with a weekend full of events dedicated to both professionals in the video game industry, but also to the general public. More details here.
St Nicholas Fair
December 5 – December 7
This crafts fair, marking the St Nicholas celebration, takes place at the Romanian Peasant Museum. More details here.
IWA Charity Christmas Bazaar
December 7
The event, held at the National Library of Romania, will have a program of traditional music, dance, and performances, in addition to varied country stands, selling traditional food and unique gifts. The proceeds support charitable causes. More details here.
In the country:
Decentralized Games
Until December 6
The exhibition brings into dialogue two emblematic artists who defined the visual modernity of 1960s Timișoara: Roman Cotoșman and Molnár Zoltán. More here.
In the country:
Decentralized Games
Until December 6
The exhibition brings into dialogue two emblematic artists who defined the visual modernity of 1960s Timișoara: Roman Cotoșman and Molnár Zoltán. More here.
Sibiu Christmas Market
November 14 – January 4
The event turns Sibiu’s Grand Square into a fairytale setting, with dozens of beautifully decorated stalls where visitors can find gifts and traditional culinary delights.
Craiova Christmas Market
November 14 – January 4
Several squares in the city will host events of the market, which takes place under the theme of the Nutcracker. The concerts are held in Frații Buzești Square, on Fridays and Saturdays.
Cluj Christmas Market – Planet Christmas
November 21 – January 1
The event is held in the city’s Unirii Square, promising surprises for both children and adults, concerts and other shows.
Oradea Christmas Market
November 28 – December 26
Oradea residents can head to the city's Unirii Square and Ferdinand Square for carols, traditional winter treats, festive concerts, and meetings with Santa Claus.
Brașov Christmas Market
November 30 – January 11
Focused on community, tradition, and authenticity, the event takes place in three areas of the city, namely the Council Square, Saint John Square, and the Rectorate area.
Iași Christmas Market
November 30 – January 5
Several spots alongside the Bd. Ștefan cel Mare – Piața Unirii – Str. The Lăpușneanu axis will host events and offer the city's residents the opportunity to purchase decorations, gifts, hot drinks, and traditional dishes.
Timișoara Christmas Market
November 30 – January 7
The city’s Victoriei Square and Sf Gheorghe Square will be the place to experience the magic of the winter holidays, while the little train will return to the city streets for those who want to enjoy a festive ride and sing along to lots of carols.
(Photo: Catarii | Dreamstime.com)
editor@romania-insider.com
A maritime drone has been neutralized in the Black Sea On Wednesday, December 3rd, the Romanian Naval Forces military IED divers, specialized in countering explosive devices, conducted a mission to neutralize an object that was endangering navigation in the Black Sea, at the Coast Guard request. The soldiers of the......
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Prime Minister Ilie Bolojan attended the military ceremonies held in Bucharest and Alba Iulia to mark Romania’s National Day Prime Minister Ilie Bolojan attended the military ceremonies held in Bucharest and Alba Iulia to mark Romania’s National Day: Galerie foto- Parada militară, București Galerie foto- Parada militară, Alba Iulia......
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State Secretary Moldovan had high-level meetings with NATO officials State Secretary for Defence Policy, Planning and International Relations, Sorin Dan Moldovan, had a series of meetings with military leaders and officials of the North Atlantic Alliance on Tuesday, December 2nd, at the NATO headquarters in Brussels. The security challenges......
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Romania has signed an intergovernmental contract with Türkiye for the purchase of a HISAR-class light corvette, marking a major step in the modernization of the Romanian Naval Forces. It is also the first international sale of a combat ship built in Türkiye to a NATO and EU member state, according to ASFAT representatives.
The total purchase price, according to the contract quoted by the Romanian Ministry of Defense, amounts to EUR 223 million, excluding VAT, and covers, in addition to the cost of the ship, personnel training and a logistics support package.
The signing ceremony took place on Wednesday, December 3, at the Romanian Ministry of Defense in Bucharest.
“The entry of a new ship into the Naval Forces’ service is a concrete step, which strengthens our defence capacity in the Black Sea. We are not just talking about military equipment, but about Romania’s security and respect for our soldiers who need the best conditions to conduct their missions,” said Radu Miruțǎ, interim minister of defense.
According to ASFAT, a wholly state-owned company operating under Türkiye’s Ministry of National Defense, the light corvette Akhisar, which is being delivered to Romania, measures 99.56 meters in length, 14.42 meters at maximum beam, and displaces approximately 2,300 tons.
“Its CODELOD propulsion system combines four diesel engines and two electric motors, supported by four diesel generators. This configuration provides a top speed of 24 knots, a cruising speed of 12 knots, and a range of roughly 4,500 nautical miles, enabling endurance of up to 21 days without returning to port,” reads the press release.
Moreover, the ship’s flight deck can accommodate a 10‑ton helicopter and an unmanned aerial vehicle. Plus, it carries two rigid‑hull inflatable boats of 7.5 and 5.5 meters.
The electronic suite includes search and designation radar, a low‑probability‑of‑intercept navigation radar, sonar, electronic support measures, electro‑optical capabilities, and chaff dispensers. Its main armament comprises a 76‑mm gun and two 12.7‑mm machine guns, integrated with the ADVENT combat management system and a gun fire control system.
“With a crew of 104, the corvette can perform intelligence, surveillance, and reconnaissance missions, search and rescue, anti‑terrorism operations, coastal and offshore patrols, and maritime special operations. In secondary roles, it can undertake anti‑air warfare, electronic and acoustic warfare, shore bombardment, asymmetric warfare, maritime traffic surveillance, amphibious operations support and training,” the same press release said.
Romania’s Supreme Council of National Defense approved the multi-annual program to equip the Romanian Naval Forces with a new ship in March 2025. The joint defence committees of the Senate and the Chamber of Deputies unanimously gave a favorable opinion on this acquisition on September 8.
ASFAT was established on January 12, 2018, to manage and utilise the excess capacity of 27 military factories and 10 naval shipyards under the authority of the Turkish Ministry of National Defense. The company’s capabilities include the construction of frigates, corvettes, patrol vessels, logistic support ships, floating docks, unmanned surface vessels, and major naval infrastructure projects such as shipyard modernisation and capacity expansion.
ASFAT serves as the main contractor for several key programmes: the Pakistan MILGEM Corvette Programme (four MILGEM-class corvettes), the Hisar-class Offshore Patrol Vessel Programme for the Turkish Navy (2+4 vessels), the design and construction of Türkiye’s first air-defence destroyer (TF-2000), and the development of Türkiye’s first national submarine (MİLDEN).
irina.marica@romania-insider.com
(Photo source: ASAFT on LinkedIn)
Ukraine’s Security Service, or SBU, announced on Wednesday, December 3, that all its “Sea Baby” maritime drones engaged in operational missions in the Black Sea region have been identified, that it has not lost any of them, and that none entered Romanian territorial waters.
The announcement came after Romania’s Defense Ministry said in a press release on the same day that a maritime drone was detected 36 miles east of the city of Constanța, in the Black Sea. The drone posed a danger to navigation and was neutralized by military divers from the Romanian Naval Forces, according to the official press release.
“Soldiers of the 39th Divers Center traveled to the maritime area estimated at 36 nautical miles east of Constanța, with the support of the maritime surveillance vessel MAI 1.107 of the Coast Guard. After analyzing the drifting object, the soldiers found that it was an unmanned surface vehicle (maritime drone) of the 'Sea Baby' type. The intervention team received approval to neutralize the identified object, and around 13:00, the maritime drone was destroyed by controlled detonation,” the ministry noted, leaving out whether or not the drone in question was Ukrainian.
The Black Sea has seen increased military activity in recent weeks, after Ukraine stepped up its attacks on Russia’s shadow fleet of oil tankers. So far, three such tankers have been attacked with kamikaze drones. The attacks took place in Turkey’s economic exclusion zone, and president Recep Tayyip Erdoğan condemned them as a danger to navigational safety.
Ukraine’s attacks on the tankers aim to weaken Russia’s ability to sell its goods abroad and finance its war. However, they also led to increased insurance premiums for ships carrying grain, crude oil, and petroleum products.
The Romanian Naval Forces have a certain degree of experience when it comes to destroying military equipment that has drifted into national waters. In the past nearly four years, approximately 150 naval mines have been neutralized in the Black Sea. Seven of them were destroyed by the Romanian Naval Forces.
Moreover, Romania, Bulgaria, and Turkey have a joint task group for defusing stray mines, which began floating in the Black Sea after Russia invaded Ukraine in February 2022.
The United States is currently attempting to mediate peace talks between the two warring sides, but a compromise has not yet been reached, according to the latest updates. Russia is demanding that Ukraine cede territory in its eastern parts, but the latter is unwilling to let go of fortified territory and leave the way open to Kyiv.
(Photo source: Australian Naval Institute / SBU on Telegram)
Over 107,000 people in Prahova and Dâmbovița counties, in southern Romania, have been without drinking water since Friday, November 28, due to problems at the Paltinu Dam. According to local authorities, the problems are set to persist until next week.
The dam registered a drop in water levels, leading to problems in the water distribution system.
To help those impacted, Prahova prefect Daniel Nicodim said he will ask the executive to ensure the necessary drinking water for people in the area. In turn, the president of the Prahova County Council, Virgiliu Nanu, said that efforts are being made so that the supply of water will be resumed. However, the treatment stations need to be primed, and installations need to be filled with water, hence the long waiting period.
The situation, Nanu said, could very well repeat in the future. “Let this be clear to everyone. If we do not also come up with an alternative solution, we will end up here again. Right now, we are just returning to the initial state, but the dam problem has still not been resolved,” he argued.
Meanwhile, firefighters have been mobilized to distribute domestic water and bottled drinking water to the population of Prahova and Dâmbovița counties. So far, Prahova ISU firefighters have done so in the localities of Breaza (at City Hall), Băicoi (at Patrick Hospital and in containers installed by authorities at various points in the city), and Câmpina (at the Down Syndrome Association, Municipal Hospital, Youth Center, Economic Directorate, and Electromechanical High School).
Additionally, firefighters from the Câmpina Detachment support the distribution of bottled drinking water to the population.
In Dâmbovița County, military firefighters have assisted local authorities in distributing bottled drinking water to the population of Moreni municipality.
Households are not the only ones impacted. On Tuesday, December 2, energy and gas giant OMV Petrom (BVB: SNP) announced that it has stopped two production units at the Brazi power plant due to the lack of water. Located near the city of Ploiesti, in Prahova County, the natgas plant stopped two units with a combined capacity of 569 MW. Another unit with 262.95 MW is scheduled to be stopped later, according to Profit.ro.
The plant provides about 10% of Romania’s national electricity production. Current data anticipates restarting all three units on December 4 at 1 AM.
Commenting on the situation, environment minister Diana Buzoianu argued that the situation at Paltinu Dam was already known, and that intervention works should have started in June. Buzoianu also stated that an analysis will look into whether the criteria for declaring a state of emergency are met.
“The blockages are exclusively due to the institutions managing the Paltinu Dam, representing the intake, and the Voila Treatment Plant. Recent rains have generated a high level of sediment, turbidity exceeded permitted limits, and the installations entered technical blockage. These conditions make it impossible to treat the water to the required parameters,” the minister said, cited by Digi24.
(Photo source: IGSU - Inspectoratul General pentru Situatii de Urgenta, Romania on Facebook)
Societatea Românească de avocatură Pavel, Mărgărit și Asociații Dr. Radu Pavel, Avocat Coordonator al Societății Românești de Avocatură Pavel, Mărgărit și Asociații, subliniază că noile reglementări privind creșterea impozitelor pe locuințe și vehicule în România începând cu 2026 marchează o schimbare semnificativă în modul de evaluare și impozitare a proprietăților și autoturismelor. Acestea urmăresc să […]
Articolul Impozite mai mari pe locuințe și autoturisme din 2026: Cum sunt afectați proprietarii a fost publicat prima dată în Curierul National.
Părinții elevilor din mai multe județe au semnalat pe adresa redacției faptul că școlile le-au respins dosarele pentru bursele sociale pe motiv că elevii ar primi pensie de întreținere, cunoscută…BCR lists bonds worth RON 1.12 billion on the Bucharest Stock Exchange. The total value of the BCR bond issues listed on the Exchange is almost RON 10 billion Banca Comerciala Romana (BCR), one of the most important financial groups in Romania, is listing today, November 28, a new bond issue on...
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OferteBancare.ro: The FED shifts its monetary policy direction – the global economy is slowing, but not entering recession. Romania shows signs of stabilization The recent decision of the U.S. Federal Reserve (FED) marks a turning point for global financial markets. After two years of accelerated monetary tightening, the FED is...
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The Bucharest Stock Exchange (BVB) announced the establishment of its Corporate Governance Committee on Thursday, December 4, to support the implementation of the revised 2025 BVB Corporate Governance Code.
Romania’s capital market recently celebrated 30 years of activity and is undergoing significant corporate governance reform. The revised BVB Corporate Governance Code, updated jointly by BVB and the European Bank for Reconstruction and Development (EBRD), will apply from the 2025 financial year.
The 2024 monitoring report for the previous code indicates high compliance among listed companies in areas such as board independence, conflict-of-interest disclosure, and board structure. However, challenges remain in board evaluation, disclosure practices, and nomination processes, where further guidance and oversight are needed.
The new Committee is intended to serve as a key advisory body, helping to address these weaker areas, BVB said.
The members of the new body are:
The new code is needed in the current context. The OECD Corporate Governance Factbook 2025 shows strong global momentum toward increased board accountability, clearer separation of oversight responsibilities, and expanded sustainability governance.
“Through the introduction of the Corporate Governance Committee, BVB aligns itself with these international trends and reinforces Romania’s progress in meeting OECD expectations during its ongoing accession process. The Corporate Governance Committee will focus on three strategic areas: supporting the implementation and monitoring of the revised Corporate Governance Code, promoting alignment with OECD principles and emerging global governance expectations, and fostering a culture of governance excellence across the capital market through guidance, dialogue, and engagement with listed companies,” the institution noted.
(Photo source: BVB)
AFI Romania, part of the leading real estate development, management, and investment company operating across Central and Eastern Europe, AFI Group, announced that it secured a EUR 537 million refinancing package for three major projects in its portfolio: AFI Cotroceni, AFI Brașov, and AFI Ploiești. The three projects included in the refinancing are among the most prominent shopping centers in Romania.
The company said this represents the largest real estate refinancing transaction in Romania, reinforcing AFI’s long-term commitment to the growth and development of its projects in the country.
The financing was provided by Erste Bank, Banca Comercială Română SA, Raiffeisen Bank SA, Raiffeisen Bank International, and Unicredit Bank SA represented by Dentons. Law firm CMS assisted AFI.
Earlier this year, AFI secured two other refinancing packages totalling EUR 173 million for four office projects: AFI Park Timișoara, AFI Lakeview, AFI Park Floreasca, AFI Victoriei Plaza, and for the Build to Rent project, AFI Home North.
These refinancing operations consolidate AFI Romania’s position as one of the country’s leading real estate developers and investors, well-positioned to continue its expansion plans and deliver benchmark projects for the local business landscape.
iulian@romania-insider.com
(Photo source: the company)
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Pe la jumătatea deceniului al optulea din secolul trecut România rurală a fost martoră și actor principal în procesul de sistematizare/urbanizare a satelor, adică a procesului de strămutare a localnicilor…The night begins at 8:00 PM, as the hotel’s iconic lobby glows with warm light and joyful anticipation. Here, guests are welcomed with gracious hospitality before their tickets unlock access to a world where four distinct celebrations come alive simultaneously, each offering its own atmosphere, culinary story, and sense of occasion.
“The Glittering Night” — Grand Ballroom
Radiance, rhythm, and the promise of a brilliant new beginning. A luminous ballroom where light cascades, music rises, and the countdown becomes a vibrant pulse — a haven for those who want to welcome 2026 with energy and sparkle.
“The Timeless Gala” — Constanța Ballroom
Elegance elevated, grandeur unfolding. A refined celebration where soft music, golden light, and classic beauty shape an evening that feels both graceful and unforgettable.
“The Golden Reserve” — JW Steakhouse
Warmth, depth, and intimate luxury.A setting defined by craftsmanship and bold flavors, wrapped in amber tones and rich textures — a sanctuary for those who savor artistry and soulful indulgence.
“Dolce Notte” — Cucina, The Italian Restaurant
Italian warmth with winter charm. Shared plates, shared stories, and comforting flavors create an evening filled with joy, togetherness, and the gentle poetry of an Italian celebration.
Throughout the evening, live performances set a refined and uplifting rhythm. Horia Brenciu & HB Orchestra, Elena Gheorghe, Juno Dance and other special guests bring their own touch of emotion, elegance and energy. The combination of live vocals, orchestral arrangements and choreographed moments enhances the festive atmosphere, keeping the celebration vibrant and graceful well into the early hours of the new year.
Culinary brilliance awaits at every turn, with lavish buffets featuring fresh oysters and seafood delicacies, premium Wagyu beef carved to perfection, live sushi and sashimi artistry and handcrafted Italian specialties, decadent festive desserts, to name a few.
Every flavor, every detail, every moment is designed to enrich the senses and elevate the celebration.
As the final moments of the year drift into midnight, guests are invited outside beneath the crisp winter sky. Together they join in a sparkling collective countdown, culminating in a breathtaking fireworks display illuminating the night in vibrant color.
It is here — beneath the shimmer of lights and the embrace of the crowd — that 2026 is welcomed with awe, gratitude, and the promise of new beginnings. The celebration continues well into the early hours with music, performances, laughter, and stories waiting to be told.
This timeless celebration is available at 1,890 RON per person. As the final days of the year draw near, to secure your reservation please contact us at +4 0724 000 786 or revelion@marriott.com.
ABOUT JW Marriott Bucharest Grand Hotel
Shaped by the dynamic heritage of the city, JW Marriott Bucharest Grand Hotel retains a reputation as the benchmark of modern luxury in Romania’s lively capital. Renowned for its crafted service, diverse epicurean venues and elegant lobby, it is an enriching backdrop for family gatherings and inspired journeys. Located in an area of historic and national interest, the property is the only five-star hotel in the district and is in close proximity to the stately Palace of Parliament and People’s Salvation Cathedral. With 402 rooms, 12 meeting rooms (with a total surface of approx. 2.000 sqm), 6 restaurants and lounges, conference center, luxury brands shopping gallery, casino, spa, fitness etc, the JW Marriott is one of the most generous, elegant and resourceful hotels in Bucharest. Whether guests come for the most spacious rooms in town, for a nourishing lunch or dinner, or a main event, all are treated with flawless service.
Located at 166 Calea Griviței, the development benefits from an excellent position, just a five-minute walk from the Grivița metro station, offering a strong competitive advantage for medium- or short-term rentals within a serviced-residences framework.
Monarc Grivița 166 features 87 modern units, configured as 2 and 3 bedroom apartments, with premium interior fit-outs created by Noam Mobili Design, the interior design and furnishing division of Monarc Group. Through Monarc Development’s strategic repositioning, the project gains a coherent serviced-residence identity, integrating modern living standards, concierge services, and investment oriented functionalities.
Sales for Monarc Grivița 166 are now officially open, and all transactions are exclusively represented by ANG | Forbes Global Properties, the premium real estate representation division of Monarc Group, and the official Romanian affiliate of the international Forbes Global Properties network.
“With over 15 years of experience in premium real estate, we’ve learned to anticipate and define apartment typologies that respond to diverse needs and lifestyles. Monarc Grivița 166 is an example of how expertise and vision can transform a residential building into a coherent and valuable investment product. We aim to create a project relevant for both local and international investors, one that blends yield with aesthetic refinement. For us, every project must meet not only financial criteria, but also a clear vision for safety, visual identity, and an authentic living experience.”
— Alexandru Manea, CEO & Founder Monarc Development
The building spans a total surface of 13,857 sqm, across a ground floor and eight upper levels, and includes four underground levels with 104 parking spaces, providing robust infrastructure essential for serviced-residences operations.
“Monarc Grivița 166 was conceived as a fluid, adaptable space, ideal for both urban residents and investors seeking a property ready for premium rental. The interior fit-outs, materials, and the experience we designed transform each apartment into a space with identity and functionality. It is essential for any urban project to respond to modern lifestyles and offer a living standard aligned with international trends.”
— Nicoleta Manea, COO & Creative Director, Monarc Development
By integrating the expertise of ANG | Forbes Global Properties in sales and the design know-how of Noam Mobili Design, Monarc Development delivers a full repositioning of the project, transforming it from a standard residential asset into a contemporary serviced residence product with strong investment potential.
Monarc Grivița 166 marks a strategic step in Monarc Development’s expansion, as the company continues its mission of turning high-potential real estate assets into premium, investment-driven products through positioning, design, and strategic marketing expertise.
Founded by Alexandru Manea, Monarc Development is one of the most dynamic real estate developers in Romania, with a portfolio of notable projects, including:
Monarc Development is part of Monarc Group, an ecosystem of companies that includes ANG | Forbes Global Properties România, Noam Mobili Design, Nestelli Diamonds, and the communications agency Thrivo, offering integrated solutions across real estate, interior design, luxury retail, and brand communication.
*This is a press release.
Orange Romania announced the launch of the 5G+ technology in the Bucharest subway, becoming the first operator in the country to reach mobile data speeds of up to 1 Gbps in the underground network. The company has begun activating the technology in several stations and plans wider deployment in the coming weeks.
The first 5G+ pilot installations were launched in November in the Preciziei and Păcii stations. The network has since been activated in Piața Victoriei 1 and 2, and this week in Aviatorilor.
Next, 5G+ will be extended by the end of December to additional stations across all subway lines, including Piața Romană, Universitate, Piața Unirii 1 and 2, Tineretului, Aurel Vlaicu, Pipera, and Constantin Brâncoveanu.
The company said that it plans to complete 5G+ coverage across the entire Bucharest subway system by the end of 2026.
According to the company, the rollout covers both stations and tunnels to maintain continuous signal availability during transit. The new upgrade includes new equipment that also improves connectivity for 4G users.
Orange also said that 5G and 5G+ technologies have lower energy consumption per unit of data traffic than previous generations and allow reduced power use during low-demand periods, such as nighttime in the subway.
The operator currently holds the largest 5G/5G+ spectrum investment in the country, totaling EUR 265 million for a 25-year license. The latest Netograf report by telecom regulator ANCOM shows Orange provides the fastest mobile and fixed internet speeds in Romania.
irina.marica@romania-insider.com
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Romania Education Alliance (REA), the first private school network in the country, announced it has exceeded the milestone of 1,000 students enrolled across its member schools just one year after launch.
"The fact that we surpassed 1,000 students in our very first year of activity shows that the REA model addresses a real need in Romanian private education,” said Anca Macovei Vlăsceanu, co-founder & CEO of Romania Education Alliance.
In the medium term, REA aims to increase the number of students to 2,500, with growth driven 40% by organic development – through capacity expansion in existing campuses – and 60% by the addition of new schools in key cities where demand for private education is rising.
The network plans to integrate over 15 schools in major urban centers (Cluj-Napoca, Timișoara, Brașov, Craiova, Sibiu, Constanța), supported by planned investments of over EUR 20 million for the expansion and modernization of school infrastructure.
REA was founded in 2024 by Anca and Dan Macovei Vlăsceanu, education entrepreneurs and founders, together with the investment fund Morphosis Capital.
iulian@romania-insider.com
(Photo source: press release)
Romania will significantly reduce Eurobond issuance to EUR 10 billion in 2026 after it has been one of the biggest emerging market debt issuers in the world in 2025 (EUR 16 billion ytd), debt agency chief Stefan Nanu told Reuters. The government will face higher nominal gross financing needs in 2026, but non-market funding sources are abundant, including Resilience funds, SAFE defence funding, private placements (also used this year), and IFIs, Nanu explained.
While the nominal financing needs will increase in 2026 compared to 2025, they will diminish from 14.1% to 13.5%-14.0% of GDP, according to calculations based on the figures reported by Nanu.
All in all, Romania's gross financing needs will increase to between RON 275 billion and RON 285 billion (EUR 54 billion to EUR 56 billion) in 2026 from RON 269 billion (under EUR 53 billion) this year.
This year's gross financing needs estimate was upped this week by RON 10 billion (EUR 2 billion), for pre-financing purposes. Inter alia, this pre-financing will slightly elevate the public debt to GDP ratio at the end of 2025 (by some 0.5 percentage points).
Fiscal consolidation is expected at 0.9-1.4% of GDP in 2026, following a fiscal gap of 8.4% of GDP in 2025. This has resulted in RON 28 billion to EUR 38 billion lighter borrowing needs in 2026 compared to 2025. But the significantly higher volume of debt to be rolled over in 2026, namely RON 150 billion compared to RON 99 billion in 2025, generates some RON 50 billion supplementary financing needs.
"We are mindful about the 2026 refinancing risk caused by challenging market conditions in the first part of this year when we had to issue short-term maturities quite significantly," Nanu told Reuters. "Therefore, this partial pre-financing, as well as liability management we did this year via domestic switches and Eurobond tenders, will ensure gross issuance next year gets closer to this year's."
The debt agency lifted this year's funding target by RON 10 billion to RON 269 billion this week to pre-fund early 2026 needs. It also switched maturing Eurobonds in October, which has lowered next year's external debt redemptions to EUR 3.5 billion from EUR 4.25 billion initially.
Romania plans to use an array of non-market funding sources next year to significantly reduce gross Eurobond issuance to EUR 10 billion.
Non-market funding includes securing EUR 6 billion worth of EU recovery and resilience funds as well as tapping the new defence funding mechanism SAFE.
Romania also plans to get EUR 1.5 billion from international lenders such as the World Bank and European Bank for Reconstruction and Development, as well as EUR 3 billion in mostly loan-format private placements with "some structures already in advanced discussions," Nanu said.
The broad coalition government has raised some taxes and has begun cutting state spending, but with more measures needed to be approved, a budget plan for 2026 could be delayed.
"Several private placements planned for January and 2026's first Eurobond will depend on the adoption of next year's budget, which could be delayed through January," Stefan Nanu said.
iulian@romania-insider.com
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