Moldova launches new stock exchange with support from Bucharest Stock Exchange

A memorandum establishing a new stock exchange in the Republic of Moldova was signed on September 15 in Chișinău, with the Bucharest Stock Exchange (BVB) set to play a key role as shareholder and technology partner, according to Bursa.ro. The new...

Czech Tesla officially abandons plans for EUR 90 mln factory in Romania

The Czech company Tesla has officially announced to the government and local authorities that it is abandoning the project to build the energy storage factory in Brăila, an investment of EUR 90 million that was also to receive state aid, according...

A Romanian Consortium led by certSIGN to support the European Union Agency for Cybersecurity in strengthening cybersecurity in Romania under NIS2 Directive

certSIGN, a Romania-based company and leading developer and integrator of cybersecurity and cryptographic solutions, has been awarded, following a competitive international tender process, a framework contract to support the European Union Agency...

Budget of special pensions in Romania up 16% y/y to EUR 340 mln in 2024

The “service pensions”, also known as special pensions, paid to civilians (military not included in the report), cost the state budget and the state social insurance budget a total of RON 2.2 billion in 2024, over 22% more than in 2023,...

Southern Romania: New adventure park to be built at Băile Govora resort

The Băile Govora resort, in southern Romania, will have a new adventure park, with a zip line, alpine coaster, and even off-road bicycle tracks, according to a plan announced on Monday, September 15, by the Băile Govora City Hall. The goal of the...

The Attorney General of Romania explained the reason for the cancellation of the 2024 presidential elections

0 The Prosecutor General of Romania, Alex Florenta, explained that the cancellation of last year’s presidential elections was influenced by a hybrid war orchestrated by Russia, which combined cyber attacks on key institutions with an aggressive...

EUR 60,000 shelter in Romania's Făgăraș Mountains to be completed this autumn

A mountain shelter is scheduled to open this fall in the Făgăraș Mountains' Curmătura Bratilei area following a EUR 60,000 investment. The shelter, located at an altitude of 2,100 meters, is built by the private ophthalmopediatric hospital Infosan...

Romanian government imposes sweeping austerity program

Romanian educators protest against the government's austerity measures on September 8, 2025.The Romanian government has launched a sweeping program of austerity and social cuts. Sworn in on June 23 after a protracted constitutional crisis, the...

BNM: Strengthening the framework for preventing money laundering, a pillar of financial stability

Prosecutors claim that the former Democratic deputy, Constantin Tutu, might be in the Transnistrian region, despite being prohibited from leaving Greece, the country where he was detained on July 22, along with Vlad Plahotniuc. On the other hand,...

Inflation wipes out wage gains in Romania as real incomes decline

Romanian households saw their purchasing power shrink in July as inflation outpaced wage growth, according to data from the National Institute of Statistics (INS) announced. The average net wage (chart) fell 3% m/m compared with June and 2.4% y/y...

Pilgrims to Uman to Land Mainly in Eastern Romania After Chisinau Airport Talks Fail

After Moldovan authorities failed to reach an agreement with their Israeli counterparts on the use of Chisinau International Airport by Jewish pilgrims traveling to Uman (Ukraine), pilgrims will predominantly land in eastern Romania and cross...

Greece Has Third Highest Rate of Economic Deprivation in the EU

Pensioners demonstrating in Athens. File photo. Credit: AMNA According to Eurostat figures released on Monday, Greece recorded the third highest percentage of population (14%) among the European Union member-states living in a state of severe...

MBW25 – Jubilee Edition: 30+ Events, One Message – Moldova is Open for Business!

Chișinău, Republic of Moldova, 15 September 2025 (THETECHMUSK=TTM) – Today marked the official opening of Moldova Business Week 2025 (MBW25), the 10th edition of the country’s largest economic forum, which gathered more than 700 participants on...

Romania has made significant progress in the process of joining the OECD

Romania has made significant progress in the process of joining the OECD, with over half of the technical assessments having been successfully completed, declared President Nicusor Dan. If this pace is maintained, Romania will join the...

Romanian FinMin approaches financial and direct US investors with Washington visit

Romania's minister of finance, Alexandru Nazare, has been on a working visit to Washington, DC, from September 11 to 13 to strengthen economic and financial dialogue with American partners and attract new investors in key sectors for Romania, such...

Romanian authorities reportedly mulling access fee for the Transfăgărășan mountain road

Romanian authorities are reportedly considering imposing an access fee for the Transfăgărășan mountain road. The funds would be used for setting up decent parking areas, selecting merchants, and similar initiatives. The beautiful, winding road is...

Romania accuses Russia of "unacceptable and irresponsible" act over drone incident

Romania's Foreign Ministry summoned the Russian ambassador for the second time in only a couple of days, after a Russian drone entered the national territory in the evening of September 13. In a mission described by Romanian defence minister Ionut...

Romania’s goal to join OECD by 2026 “achievable,” secretary-general says during visit to Bucharest

The secretary-general of the Organization for Economic Cooperation and Development, or OECD, Mathias Cormann, was on a visit to Romania on Monday, September 15. The representative had talks with president Nicusor Dan and prime minister Ilie...

Romanian car rental company Klass Wagen launches Autozentrum brand, opens first subsidiary in Germany

Romanian car rental company Klass Wagen said that it launched the Autozentrum brand and opened its first subsidiary in Germany, becoming the first Romanian company to sell used cars on the German market. The move marks the beginning of the Klass...

Romania’s external position improves for second consecutive month in July

Romania’s current account (CA) deficit in rolling 12 months has narrowed for the second consecutive month to EUR 32.12 billion in July, according to the data published by the National Bank of Romania (BNR). The 12-month rolling CA gap has thus...