Europe Romania Banca Transilvania, Romania's largest financial group, recorded substantial growth in 2024 thanks to both organic expansion and the strategic acquisition of the branches of the Hungarian OTP group in Romania, approaching a net profit of €1 billion
Europe Romania Romania maintains its forecast to double electricity production by 2032 and become a major energy exporter in the region, Energy Minister Sebastian Burduja stated
Europe Romania The National History Museum of Romania has appointed Ovidiu Țentea as its new interim director; born in 1974 in Dumbrăveni, he is a recognised specialist in ancient history and archaeology
Europe Romania Timișoara municipality has approved the Urban Zoning Plan for the National Museum of the Anticommunist Revolution of December 1989
Europe Romania Cluj-Napoca and Sibiu topped History T.R.A.I. index in 2024: the former has the highest total score based on objective indicators such as traffic, air quality and property prices, and the latter on 13 subjective criteria assessed by city residents
Europe Romania 2024 was the hottest year in the history of Romania weather records, with an average annual temperature of 12,99 degrees Celsius, a thermal deviation of 2,71 degrees Celsius compared to the 1991-2020 average
Europe Romania Romania's accession to the US Visa Waiver Program will be made official today, Friday 10 January, during a ceremony at the Department of Homeland Security in Washington
Europe Romania In connection to full accession to the Schengen area, Romania will close over 30 checkpoints on its borders with Hungary and Bulgaria following last vote of EU Justice and Home Affairs Council that ruled the abolition of land controls as of 1 January 2025
Europe Romania The country disbursed €1,3bn worth of state aid in 2019-2023, with 62% of the projects granted to foreign companies, according to an analysis conducted by EY Romania; main sectors were automotive, technology, manufacturing, medical and food industry
Europe Romania Constitutional Court has annulled the country's presidential elections, including the first round and the runoff initially scheduled for today between candidates Călin Georgescu and Elena Lasconi; it is a first-ever in a stable democracy
Europe Romania Romanian online trade reached €10,6 billion last year and will grow by 10% this year, according to Association of Romanian Online Stores
Europe Romania An amendment to the Tax Code as been adopted to exempt from taxation, until 31 July 2025, the earnings of individuals from investments in cryptocurrencies; the decision was passed in the Romanian Parliament, by a vote of the Chamber of Deputies
Europe Romania DropCoal, an experiment entirely developed in Romania by the Romanian InSpace Engineering with the support of the European Space Agency, will be launched to the International Space Station and will study how two drops merge and mix in microgravity