Read the latest news from regional and global sources, presenting different voices and perspectives.
Romanian Social Democratic Party demands tougher tax rules for multinationals and new turnover levy
Romania Insider
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July 17, 2025
Romania's Social Democratic Party (PSD) is pushing for stricter tax regulations targeting multinational companies and a new turnover tax as part of ongoing fiscal reform negotiations within the ruling coalition. Interim party president Sorin...
Romania expands voluntary military service to replace aging reservists
Romania Insider
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July 17, 2025
Romanian defense minister Ionuț Moșteanu announced on Wednesday, July 16, that the government is planning to expand the voluntary military service. The measure is being taken given that the current reservists have aged. During an interview, the...
Romania’s Dedeman makes first international move with acquisition of Praktiker Hellas in Greece
Romania Insider
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July 17, 2025
Pavăl Holding, the investment vehicle of Romania’s Pavăl family and owner of leading home improvement retailer Dedeman, has acquired Praktiker Hellas, the top DIY chain in Greece. The deal, estimated at EUR 120-130 million according to Profit.ro,...
Romanian health minister says 15 hospitals under construction with Resilience Facility funding
Romania Insider
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July 17, 2025
Health minister Alexandru Rogobete said that 15 hospitals are currently under construction across Romania, financed through the National Recovery and Resilience Plan (PNRR). Of these, 12 are expected to be funded through grants and three through...
Some 140,000 non-EU workers in Romania, despite higher cost for companies
Romania Insider
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July 18, 2025
Romania has come to have over 140,000 workers from outside the European Union, attracted mainly to sectors with chronic staff shortages, such as manufacturing, construction, and trade. Companies do not choose them because they are cheaper – on the...
M Park Orăștie set to open this fall as part of Square 7’s growth strategy in Romania
Romania Insider
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July 18, 2025
Square 7, part of the international property group M Core, has announced the development of a new M Park retail center in Orăștie, continuing its expansion strategy across Romania. The project is being built on a 23,000 sqm plot acquired in April...
Praktiker Hellas sold to Romanian DIY chain store
Kathimerini
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July 18, 2025
ECONOMY BUSINESS The market interprets the sale of Praktiker Hellas by the Fairfax investment fund to the Romanian Paval Holding, owner of the DIY chain Dedeman, established in the neighboring country, as a development that was considered merely a...
Maspex gets 20% of Bucharest-listed Purcari winery on first day of takeover bid
Romania Insider
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July 18, 2025
Shareholders of Purcari winery (BVB: WINE) placed offers to sell 21.1% of the total number of shares to the Polish group Maspex, on the first day of the takeover bid organised by the latter for 98.4% of the winery's shares, according to Profit.ro....
Students of the Institute of Telecommunications and Informatics of Turkmenistan undergo internship in Romania
Turkmenportal
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From July 1 to 21, a summer internship for representatives of the Institute of Telecommunications and Informatics of Turkmenistan is taking place in Romania at the Technical University of Cluj-Napoca (TUCN). According to the Ministry of Foreign...
Romanian under-19 men’s team wins European Junior Table Tennis Championships
Romania Insider
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July 16, 2025
Romania's men's team won its second continental title in the Under-19 category on Tuesday, July 15, at the European Junior Table Tennis Championships in Ostrava, Czech Republic, after defeating Portugal in the final with a score of 3-2, according...
Romania's industry keeps positive trend in May with sharp 7.1% y/y advance
Romania Insider
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July 16, 2025
Romania's industrial output increased by 7.1% y/y or by 3.8% y/y in workday-adjusted terms in May, the statistics office INS announced. The adjusted growth rate is the strongest in three years, but it was helped by base effects – Erste Group notes...
Romania among countries projected to see sharp GDP, labor productivity decline due to heat
Romania Insider
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July 16, 2025
Romania will face some of the most severe economic consequences of heatwaves in Europe, with projected losses expected to exceed -2.5% of GDP by 2055–2064 due to lowered labor productivity, according to research published in Nature Communications...
Bucharest City Hall hosts blood donation drive on July 21
Romania Insider
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July 16, 2025
The Bucharest City Hall is inviting residents to take part in a blood donation session on Monday, July 21, organized in partnership with the Bucharest Blood Transfusion Center. The event will take place at the City Hall headquarters on Regina...
Romanian government reportedly plans staff cuts of up to 40% in prime minister's office and secretariat
Romania Insider
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July 16, 2025
The Romanian government is preparing a major restructuring of the prime minister's office and the General Secretariat (SGG), with staffing reductions in some departments expected to reach 30–40%, Profit.ro reported on July 15, citing multiple...
Romania’s Maramureș Airport applies for funding to build solar power facility
Romania Insider
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July 16, 2025
Maramureș International Airport in northern Romania has submitted a funding request for the implementation of a renewable energy project aimed at constructing a 2.5 MW photovoltaic park and an integrated battery storage system. The application was...
Hilton Garden Inn hotel to open in Bucharest as part of EnVogue Residence project
Romania Insider
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July 17, 2025
A new Hilton Garden Inn hotel will open in Bucharest as part of the final construction phase of the EnVogue Residence – Iuliu Maniu project, the developer announced Thursday, July 17. The hotel will be integrated into a two-section building, whose...
Romanian political analyst: Azerbaijan is not just an actor in the South Caucasus, but a country that dictates the rules of the game
Azertag
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July 15, 2025
Bucharest, July 15, AZERTAC Romania’s “Gândul” portal has published an article by political analyst Cristian Lisandru highlighting Azerbaijani President Ilham Aliyev’s balanced and principled policy toward Russia. According to Lisandru, recent...
ING says fiscal package brings Romania lower twin deficits at cost of growth
Romania Insider
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July 17, 2025
Romania's fiscal consolidation plan will help government achieve its deficit targets of 7.5% this year and 6.4% in 2026 from the record 8.7% of GDP in 2024 (cash terms) and will moderate the current account (CA) deficit from 8.3% of GDP in 2024 to...
Romania, EU migration champion: 3.1 million Romanians live abroad
IPN
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July 15, 2025
0 Romania leads the migration rankings among EU countries, with 3.1 million citizens settled in other member states, 16.3% of the population, an exodus equivalent to the complete emptying of major cities, IPN reports with reference to Mediafax. A...
UAE’s Etihad Airways to connect Bucharest to Abu Dhabi from March 2026
Romania Insider
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July 17, 2025
Etihad Airways, the national airline of the United Arab Emirates, is opening 7 new routes, including one from Bucharest. The new flights will directly connect the Romanian capital with Abu Dhabi, starting from March 16, 2026, with flights set to...