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Reșita, Oradea, Brașov, Botoșani, and Deva are currently the cities in Romania with the lowest road traffic. In contrast, Baia Mare, Iași, Buzău, Bucharest, and Suceava experience the most intense traffic, according to the T.R.A.I. index by…

The European financial services industry announced a nine-year deal high in the first half of 2023, with 382 deals across the region, compared to 337 in the same period in 2022 (a 13% year-on-year rise), according to latest EY financial…

The rebound in inflation occurred despite the fact that firms preferred to transfer within the prices the raw material and wage costs and preserve their profit margins, the central bank leadership explained. During the meeting of the…

The Competition Council started several inspections in Bucharest at the headquarters of the 10 banks that participate in the ROBOR calculation, as part of an investigation in which they suspect an agreement between these banks to set the…

At the end of the third quarter of 2022, Bucharest modern office stock reached 3.30 mln. sq m, registering only 5 office projects delivered in the first nine months of this year. By the end of the current year, just one additional project…

On May 31, the average price for a liter of gasoline was 8.3 lei, while a liter of diesel cost an average of 8.86 lei. According to Peco Online, compared to last month, the average price of a liter of gasoline has increased by 7.2%,…

The 3-month ROBOR index, based on which the cost of consumer loans in lei with variable interest rate is calculated, rose on Friday to 3.57% per year, from 3.56% on Thursday, according to information published by the National Bank of…

After a few days with sun and unusually high temperatures, the weather will be cloudy on the weekend and there will be temporary light rain in Bucharest, meteorologists announced. There will be mostly sleet and snowfall on the morning of…

Romanian fertilizer plant Azomures in Targu Mures has announced today that it will start preparations to temporarily cease the production activities, in the context of rising energy and gas prices. "The high price level demanded by…

On Tuesday morning there was one of the highest minimum temperatures reported during the night since there are weather data: in Oravița, in Banat, it was +28.9 C. At 8 o'clock it was +30 degrees in Oravița and Reșița, in while the…