Romania

Electric cars overtake diesel in Romania

Electric and hybrid cars are gaining ground in Romania, as the segment represented over 20% of all new cars sold…

2 years ago

Romania loosens surplus tax on OMV Petrom

Romanian President Klaus Iohannis promulgated the revised law that lays down a "solidarity contribution" from the “excessive profits” of energy…

2 years ago

Czechia, Hungary, Estonia top for employment in CEE – Eurostat report

Estonia had the highest employment rate in Central and Eastern Europe (CEE) of 81.9% in 2022, according to the recently…

2 years ago

Romanian farmers hold nationwide protest

Farmers are organising protests across Romania on Friday 7 April to express dissatisfaction with the European Commission (EC) approach market…

2 years ago

Polish PM backs alliance with Romania, Ukraine

Prime Minister Mateusz Morawiecki laid out his hopes to build a new economic community in Central and Eastern Europe (CEE)…

2 years ago

CEE leaders say EU may need to reintroduce farm tariffs on Ukraine

Romania, Poland, Hungary, Bulgaria and Slovakia expressed concern in a letter to the European Commission (EC) on Friday over an…

2 years ago

Hungary could decouple from Russian gas – report

Hungary could realistically replace Russian gas imports, according to local analysts, who say its dependence is reliant on the will…

2 years ago

Mixed prospects in region for pay-TV industry, new research finds

The number of pay TV subscribers in Eastern Europe will decline by 8mn from its peak of 81mn in 2018,…

2 years ago

Inflation swallows up pay hikes in Romania

The average net salary in Romania was RON 4,254 (EUR 864) in January 2023, up 15% year-on-year, but down RON…

2 years ago

Romanian investments up in 2022 – PM

Net investments in the Romanian economy were 150.1 billion leu (EUR 3.06bn) in 2022, up 8.5% on the previous year,…

2 years ago