EUR 980 million sent to Romania from abroad via Revolut in Q1 2026Remittances amounting to EUR 980 million were sent to Romania from abroad in the first quarter of 2026, according to the Revolut Money Report. The fintech said it facilitated more than 4 million international transfers involving Romanian customers during the same period. Germany, with EUR 223 (…)
KPMG: CEE Becomes New Center of Gravity of Europe Defense IndustryCentral and Eastern Europe stands at a decisive moment of industrial transformation. The sustained increase in European defense spending and the shift from one off procurement toward continuous production, stockpile replenishment, maintenance, and long term industrial capacity have fundamentally (…)
Romanian president calls coalition parties for talks after Social Democrats withdraw support for PMPresident Nicu?or Dan has called leaders of ruling coalition parties for consultations at the Cotroceni Palace on Wednesday, April 22, following the decision by the Social Democratic Party (PSD) to withdraw support for Liberal (PNL) prime minister Ilie Bolojan. The move comes as Romania faces a (…)
North Bucharest Investments Expands Its Portfolio Through Partnership with Astorium LifeNorth Bucharest Investments announces the addition of the Astorium Life residential complex to its portfolio, at a time when demand for completed, move-in-ready homes is increasing, driven by a growing preference for lower-risk real estate investments with greater predictability. This move (…)
Raed Arafat Questioned by Military Prosecutors: SMURD Helicopter Purchased Without Paying VATThe head of the Department for Emergency Situations (DSU) is being questioned on Tuesday by prosecutors from the Military Section of the High Court of Cassation and Justice (PÎCCJ), after allegedly purchasing a SMURD helicopter from an island near the United Kingdom without paying VAT.
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