The project of the high-power laser in Magurele, south of Bucharest, is currently blocked due to alleged irregularities found at the building set to...

Hungary’s Futureal to build 1,800 apartments in Bucharest

Hungary’s Futureal group, through its local division Cordia Romania, plans to develop at least three new residential projects in Bucharest, in addition to the...

Romania sends large volume of projects to EC for financing

Romania sent to the European Commission a large number of projects for financing, in total amount of EUR 640 million, during the last two...

New passenger car registration up 23% in Romania in 2018

The number of new passenger cars registered in Romania in 2018 increased by 23% compared to 2017, while the number of used cars registered...

Romania’s current account gap in January-November widens by 60%

Romania’s current account (CA) deficit widened to EUR 8.73 billion in January-November last year, nearly 60% more than in the same period of 2017...

Romania’s Govt. expects EUR 850 mln from bank assets tax in 2019

The tax on financial assets will be payable on a quarterly (as opposed to yearly) basis, Romanian prime minister’s advisor Darius Valcov confirmed for...

Media: European Central Bank reviewing Romania’s tax on financial assets

The European Central Bank (ECB) is currently analyzing the emergency ordinance OUG 114/2018 concerning the tax on financial assets that banks in Romania need...

EBRD names new Regional Director for Romania and Bulgaria

Mark Davis has been appointed the new EBRD Regional Director for Romania and Bulgaria and will assume his new role in Bucharest on April...

Romania’s consumer price index eases to 3.3% in December

Romania’s consumer prices inched up by 0.16% in December versus November and the annual inflation eased to under 3.3% in the month from 3.4%...

Romania’s industrial output up 3.9% y/y in January-November

Romania’s industrial production index increased by 2.6% in November last year compared to the same month in 2017 (y/y terms), the statistics office INS...

Romania’s competition authority fines tour operators for collusion

Romania’s Competition Council has fined a number of 13 tour operators and the tour operators’ organisation ANAT with amounts totalling RON 11.4 million (EUR...

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Join our team! Senior events coordinator at City Compass Media

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Romania Insider is looking for a senior events coordinator, with at least 3 years of experience in organizing business events. The job is full-time,...

Education in Romania

Comment: Anti-bullying law in Romania vs. New Jersey. What can we...

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The Romanian Parliament has approved the anti-bullying law. How will we implement it? A look at how the strongest anti-bullying state in America, New Jersey,...

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