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Winemaker Cramele Recas Buys Into Tenuta Odobesti
Winemaker Cramele Recas intends to buy into Tenuta Odobesti, joining Italian businessman Mosconi Fabrizio, who had owned the entire company until now.
Jul 26, 2024
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Romanian film review – Open Airs for the Summer
Traditionally, summer has always generated new, alternative spaces for showing films, and generally more diverse screenings: documentaries, fiction, hybrid, features, many shorts. We have (...)
Jul 26, 2024
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Romanian state airline Tarom foresees profit in 2024, the first time since 2007
Tarom, the state-owned Romanian airline, estimates that it will register a net profit of RON 278 million (EUR 55.9 million) in 2024, after losses of RON 99.4 million (EUR 20 million) in 2023, (...)
Jul 26, 2024
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Dacia and Ford car factories in Romania up production
Dacia and Ford produced 292,378 cars in Romania in the first six months of the year, an increase of 8.66% compared to the same period in 2023, when 269,088 units were produced, according to data (...)
Jul 26, 2024
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Romanian prime minister Marcel Ciolacu talks Schengen with Hungay’s Viktor Orban
Romanian prime minister Marcel Ciolacu met with Hungarian counterpart Viktor Orban on Friday, July 26. The main discussion topics were the Budapest–Bucharest high-speed train and Romania’s full (...)
Jul 26, 2024
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Flag Carrier Tarom Plans To Return To Profit In 2024
Flag carrier Tarom set out to attain RON278 million profit in 2024 compared with a RON99 million loss in 2023, its spending and revenue budget published by the Finance Ministry shows.
Jul 26, 2024
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World Bank approves EUR 600 mln loan to Romania
The Executive Directors of the World Bank Group have approved a Development Policy Loan for Romania amounting to EUR 599.1 million, with a dual focus on economic and environmental (...)
Jul 26, 2024
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Indulge in the ultimate luxury: Live cooking stanchions at JW Marriott Bucharest’s legendary Sunday Brunch
Savor chef-crafted masterpieces at live stations while enjoying the beats of our live DJ. For over 20 years, JW Marriott Bucharest Grand Hotel has been the top brunch spot in Bucharest. Every (...)
Jul 26, 2024
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European Commission scolds Romania over incorrect implementation of landfill waste regulations
The European Commission decided on Thursday, July 25, to send Romania a reasoned opinion for incorrectly implementing Directive 1999/31/EC on landfill waste and the Waste Framework Directive (...)
Jul 26, 2024
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Romania spent only 8% of EU-backed Recovery and Resilience Facility funds
Romania has spent the equivalent of 8 out of 100 euros from the EU-backed National Recovery and Resilience Plan, or PNRR, a set of preferential loans and grants given to EU members to boost (...)
Jul 26, 2024
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Romania Car Output Up 8.6% in H1/2024 To 292,378 Units
Romania car production rose by 8.6% in the first six months of 2024 against the year-earlier period, to a total of 292,378 units, of which 169,990 cars were churned out by Automobile Dacia and (...)
Jul 26, 2024
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Autoliv Romania Set to Invest EUR3M To Install Photovoltaic Systems at Brasov, Lugoj, Rovinari and Sfantu Gheorghe Headquarters
Automotive systems manufacturer Autoliv Romania will invest EUR3 million in a 5.7 MW photovoltaic project implemented by Allview Solar Energy, the green energy solutions arm of Visual Fan, in (...)
Jul 26, 2024
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Romania House opens in Paris during the Olympic Games
During the Olympic Games, the Romanian Embassy in Paris – Béhague Palace – will host the Hospitality House under the title “Casa României/Romania House” for the Olympic athletes, a joint project (...)
Jul 26, 2024
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DIY Retailer Leroy Merlin Aims to Open New Stores in Pitesti, Bucharest and Bistrita
Leroy Merlin, the second largest DIY retailer locally by turnover, is readying to open a new store in Bistrita next year, also having works underway for other openings both in Bucharest and (...)
Jul 26, 2024
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Romania’s long-distance trail Via Transilvanica on TIME’s 2024 list of world’s greatest places
Via Transilvanica, Romania's longest hiking trail, has been included on the 2024 list of the world's greatest places compiled by TIME magazine. The trail, crossing the country from Putna (...)
Jul 26, 2024
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Furniture Maker Iris Service Ciuc Posts 4.3% Lower Turnover in 2022, To RON168.1M
Furniture maker Iris Service Ciuc, controlled by entrepreneur Negru Petru, in 2023 registered turnover worth RON168.1 million (EUR34 million), down 4.3% from the previous year.
Jul 26, 2024
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Linde Gaz Romania Sees 2023 Profit Rise by around 52% To RON366.3M
Linde Gaz Romania, the local subsidiary of German-US industrial group Linde Plc, in 2023 reached turnover worth RON1.087 billion (EUR219.8 million), down around 5% from 2022, in line with ZF (...)
Jul 26, 2024
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