The fourth edition of the Romanian Business & Investment Roundtable conference will take place on 3-4 April. Renowned guests have confirmed their attendance
The fourth edition of the ROMANIAN BUSINESS & INVESTMENT ROUNDTABLE Conference, organized in Bucharest on April 3-4 by The Economist Impact Events and its official representatives in (...)
Mar 29, 2024
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Romania opens new terminals at Timisoara, Iasi airports in time for Air Schengen
New terminals were inaugurated at the Timisoara and Iasi airports on Friday, March 29, the most important in the west and eastern parts of Romania. The two terminals opened just in time for (...)
Mar 29, 2024
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Romanians in Spain send money, transfer expertise and healthy attitude, and do not lose trust in their native country
Repatriot, the platform that connects Romanians from outside the borders with the country, led the economic mission Romania-Spain, held between 21st -27th March in Barcelona and the Balearic (...)
Mar 29, 2024
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BCR Contributes EUR84M To EUR435M Syndicated Loan Ford Otosan Romania Took Out
BCR contributed EUR84 million (19.3%) of the EUR435 million syndicated loan that Ford Otosan Romania, subsidiary of Ford Otosan Turkey, took out to support production of the new Ford Puma, of (...)
Mar 29, 2024
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Bucharest takes top spot in ranking of most affordable European capitals to live in
A new ranking has revealed the most affordable European capitals to live in, with Bucharest, Romania, topping the list. The ranking was compiled by personal finance experts at Finansvalp by (...)
Mar 29, 2024
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Purcari Wineries Acquires Timbrus Purcari Estate
Winemaker Purcari (WINE.RO), whose shares are included in the BET, has signed an agreement to acquire 100% in Timbrus Purcari Estate (Targoviste), the company announced, a deal that enables it (...)
Mar 29, 2024
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Zara To Bring “Pre-Owned” Program In Romania
Fashion brand Zara, one of the leading actors in the industry in Romania, will enter indirectly on the second-hand market in Romania this spring with its “Pre-Owned” program, launched in 16 (...)
Mar 29, 2024
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Pambac Invests Almost EUR9M In Upgrades and Retooling
Pambac, one of the largest players in the milling and pasta product market in Romania, has budgeted investments of approximately EUR9 million for this year to upgrade its pasta plant, to retool (...)
Mar 29, 2024
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Artists from six European countries come to Europavox Festival Bucharest in April
Europavox Festival Bucharest, an event aiming to highlight some of the newest and most interesting live music acts from all across Europe, returns to Control Club this spring for its fourth (...)
Mar 29, 2024
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Romanian officials mark 20 years of NATO membership
Romanian officials marked 20 years since the country joined the North Atlantic Treaty Organization (NATO) on Friday, March 29, noting the importance of Romania’s membership in the defensive (...)
Mar 29, 2024
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Premier Energy Targets Integrated Business Model
Premier Energy, the third leading household supplier of natural gas in Romania, held by Czech investment company Emma Capital, will focus on integrating the recently acquired CEZ Vanzare on (...)
Mar 29, 2024
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Bucharest mayor says urban plans he blocked in court were billion-euro corruption scheme
The district urban plans (PUZ) endorsed by district mayors were corruption schemes generating billions of euros, Bucharest mayor Nicusor Dan argued. He said that four of the six such district (...)
Mar 29, 2024
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Korea’s DS Private Equity joins Romania’s Small Modular Reactors programme
Korea’s DS Private Equity (DSPE), part of Korea’s DS group, will join as a financial investor the Romanian project company RoPower, formed at this moment by state-controlled Nuclearelectrica (...)
Mar 29, 2024
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Hidroelectrica assures investments will continue despite 100% payout ratio
The CEO of Romanian hydropower group Hidroelectrica (BVB: H2O), Karoly Borbely, assured that despite the 100% dividend payout ratio proposed by the management, the company has enough resources (...)
Mar 29, 2024
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Lebanese investors buy 50% of Romanian mineral water bottler Aqua Bilbor
Maria group, controlled by Lebanese investors, will take over 50% of the Romanian mineral water bottler Aqua Bilbor for a price of EUR 12 million after the national competition body greenlighted (...)
Mar 29, 2024
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Romania tweaks energy capping scheme and prolongs it until March 2025
Romania will keep the electricity and natural gas price capping scheme for another year, until the end of March 2025, under an emergency ordinance passed on March 28. Some parameters of the (...)
Mar 29, 2024
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Romania’s Govt. endorses EUR 450 mln grant scheme for underdeveloped regions
The Romanian government approved on March 28, at the proposal of the Ministry of Finance, a state aid scheme that provides grant financing for investments with a major impact on the Romanian (...)
Mar 29, 2024
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