Romanian labour minister sees grounds for 7.3% pension hike
Labour minister Florin Manole (PSD) said in an interview that there are quite a few arguments in favour of increasing pensions by 7.3%.
iulian ernst · 4 Nov · 1 min read
Wednesday, 4 November 2026 · Bucharest
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Labour minister Florin Manole (PSD) said in an interview that there are quite a few arguments in favour of increasing pensions by 7.3%.
iulian ernst · 4 Nov · 1 min read
Resuming electricity production at the Cernavodă Nuclear Power Plant may be "a matter of days", as an improved flow of the Danube has been observed following recent rains, prime minister Luca Niculescu said in an interview on November 3, amid expectations of higher Danube levels after several days of rainfall.
iulian ernst · 4 Nov · 1 min read
A consortium led by Miami-based businessman Todd Boehly, as well as Arab companies International Holding Company (IHC) and Al Hail Holding, is reportedly preparing to take over the international assets of Russian oil giant Lukoil, including those in Romania, in a transaction expected to be completed in the coming weeks.
iulian ernst · 4 Nov · 1 min read
WebBeds, the global marketplace providing accommodation and ground product distribution services to the travel industry, announced on November 2 that it had signed an agreement to acquire Tale Travel, a B2B travel wholesaler headquartered in Constanța, Romania.
iulian ernst · 4 Nov · 1 min read
Dan Air, founded in 2017 by pilot Dan Iuhas, announced that its online payment operator Netopia had “abusively” terminated the contract and invited customers to pay for their flight tickets directly into its bank accounts.
iulian ernst · 4 Nov · 2 min read
According to ACAROM, new car registrations decreased by 5.63% in October 2026 compared with October 2025, reaching 12,116 units.
iulian ernst · 4 Nov · 1 min read
The BCR Romania Manufacturing PMI came in at 48.7 in October, down from 50.9 in September, ending a three-month streak of expansion, according to Erste Group Research.
iulian ernst · 4 Nov · 1 min read
Romania borrowed a cumulative EUR 4.5 billion from international financial markets on November 2 (versus a EUR 4 billion target) through the sale of 4-year and 8-year FX bonds, as well as a 12-year FX green bond issue.
iulian ernst · 4 Nov · 1 min read
The two banks will operate separately while preparing for full integration, currently expected in the second half of 2027.
Irina Marica · 3 Nov · 1 min read
The carrier’s scheduled flights will remain grounded until December 31 as it undergoes court-supervised restructuring.
Irina Marica · 3 Nov · 1 min read
Kotsovolos acquires a nationwide network of 150 physical stores in more than 100 cities in Romania, with a total retail sales area of nearly 60,000 sq.m.
Simona Fodor · 3 Nov · 2 min read
Construction of the new production facility began in the second half of this year, with completion scheduled for the first half of next year.
iulian ernst · 3 Nov · 2 min read