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Booming housing market keeps Romanian constructors busy

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The volume of construction works on residential buildings projects in Romania rose by 18% YoY in January-April and went out of scale in April...

Romania asks suppliers to send fewer COVID-19 vaccine doses as vaccination rates slow down

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The Romanian authorities asked suppliers to send only 2.6 million COVID-19 vaccine doses in June, 4.5 million fewer than planned, as the vaccination rates continue...

Romanian naval transport group’s shares go up 7% on BVB listing

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Romanian naval transport group Transport Trade Services (TTS) listed its shares on the Bucharest Stock Exchange (BVB) on Monday, June 14, after a RON 288...

How prepared is Romania for the electric vehicle revolution in 2021

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Romania holds 20th place on the list based on the readiness index of European countries in terms of electric vehicle revolution, better than Slovakia...

Romania promulgates “anti-Huawei” 5G law

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Romanian President Klaus Iohannis has promulgated the bill that sets tight terms for the licensing of software and hardware suppliers to the 5G networks...

UiPath drops almost 10% on NYSE after first earnings report since IPO

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The shares of Romanian-born robotic processing automation (RPA) company UiPath (NYSE: PATH) closed the trading session on Wednesday 9.6% lower than on the previous...

Romanian CEOs boast highest level of confidence in past decade

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The optimism of Romanian CEOs regarding the global economic recovery has reached the highest level in the last ten years, with 60% of respondents...

Electric Castle festival returns with a special 10-day edition in August

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Electric Castle, one of Romania's largest music festivals, will return with a special 10-day edition this year, held "in a formula adapted to the...

Endava Romania reports RON 764.1 million revenue in the fiscal year of 2020, after growing by 29% yearly

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Endava Romania, the British software company present on the local market, with seven delivery centers, reported a revenue of 764.1 million RON in the...

EC issues “encouraging” report on Romania’s reforms under the CVM

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There is progress across all the remaining recommendations, and many are on the path to being fulfilled if progress remains steady, the European Commission...
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