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Recent News

PM: Romania to host state-of-the-art ammunition powder factory

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Prime Minister Marcel Ciolacu announced that Romania will have the most modern ammunition powder factory, in which the European Union will also be a...

TBI boosts car loan requests by 25% in 2023 in response to rising demand

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In the current economic context, buying a car can pose a significant expense for Romanians, and securing favorable financing terms isn’t always straightforward. In...

DEER launches ChatVolt virtual assistant

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Distributie Energie Electrică Romania, the national leader in electricity distribution, today launches the ChatVolt virtual assistant, which will provide quick and updated information on...

Transilvania Pitch Stop 2024 launches call for applications

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Filmmakers from Hungary, Bulgaria, Serbia, Romania, Georgia, Ukraine, Moldova, Greece and Turkey can submit their projects to the 11th international coproduction programme Transilvania Pitch...

World Hungarians Day, celebrated in Cluj

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More than 1,000 people took part in the celebration of the Day of Hungarians Abroad, 15 March. It is the anniversary of the day...

Cluj Innovation Days at 12th edition

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The twelfth edition of Cluj Innovation Days (CID), the annual conference organised by Cluj IT Cluster, will take place between 21 and 22 March,...

OECD: Stronger institutions and public finances would help boost productivity, growth and incomes for Romania

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Romania’s economy has performed well in recent years, driving living standards higher and supporting convergence with OECD countries, but high inflation has put a...

EIB reports record financing for Romanian economy in 2023

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Romania was among the top beneficiaries of the European Investment Bank support in 2023 relative to the size of its economy. New financing committed...

OTP Bank Romania posts net profit of 262 million RON in 2023

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OTP Bank Romania recorded a consolidated net profit of 262 million RON in 2023, seven times higher than the amount of 2022. Operating profit...

DEER recorded 30 percent revenue growth in 2023

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Distribuție Energie Electrică Romania (DEER), a member of the Electrica Group, increased its 2023 revenues by approximately 1 billion RON (+30 percent), to 4.41...
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