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The repayments were completed approximately one month before their contractual maturity dates, together with interest accrued over the actual investment periods. This milestone strengthens the partnership between the two companies and highlights the growing role of real estate crowdfunding in financing the property sector. North Bucharest Investments, a real estate advisory and brokerage company, announces…

Year-end is when businesses decide what to keep investing in and what to rethink. For most HR departments that conversation starts from an uncomfortable position. The economy is stagnating, with 2026 growth forecasts between -0.5% and +0.1%. Leadership wants headcount and costs under control, yet expects HR to fill the roles the business cannot do…

Romania and Bulgaria are well positioned to benefit, as both countries have recorded good harvests this year, Economica.net reported. Turkey has set a tariff quota of 1.25 million tonnes for the current marketing year, unchanged from previous years. However, it brought forward the introduction of reduced import duties on sunflower seeds, cutting the rate from…

The negative outlook reflects the outlook on Romania’s sovereign rating. Romgaz’s BBB- rating benefits from a one-notch uplift from its bb+ standalone credit profile (SCP) for state support, under the rating agency’s Government-Related Entities (GRE) Rating Criteria. Among the key rating drivers is the good progress made in the Neptun Deep offshore gas project. Neptun…

The estimated cost of the battery investment is EUR 40 million, according to Economica.net. The project envisages a storage facility with a total power output of 300 MW and a storage capacity of 600 MWh. The first phase will provide 300 MWh of storage capacity, equivalent to 150 MW for two hours, with a further…

In Bucharest: Les Films de Cannes à Bucarest October 23 – November 1 This key event of the autumn film season, now at its 17th edition, hosts screenings at Elvire Popesco Cinema, Romanian Peasant Museum Cinema, the National Museum of Art of Romania, and Apolo 111. The festival is also held in Timișoara, Arad, Oradea,…

The additional tax on oil and gas companies (ICAS) is also likely to remain in some form, given the sector’s exceptional profits, which the government considers a potential source of additional revenue, according to information obtained by Profit.ro. By contrast, the tax on special constructions, commonly known as the “pole tax”, is expected to expire…

The move is expected to improve margins, which have been heavily affected by declining sales volumes. “The relocation of production to Romania is expected to contribute to margin improvement,” the group’s founder and president, Pasquale Natuzzi, said, as cited by Profit.ro. Natuzzi previously estimated that the transferred production would generate an annual business volume of…

ASSIST Software GmbH, the German subsidiary of Romania’s ASSIST Software, has been named one of two winners of the Volkswagen Automated Inspection Challenge. Organized by Volkswagen Group Innovation and Startup Factory boOst, the competition focused on automating the final inspection of cylinder heads at Volkswagen’s engine plant in Chemnitz, Germany. The recognition follows the work…

The Constitutional Court recently ruled in favour of magistrates seeking immediate payment of claims worth RON 5 billion (EUR 1 billion), bringing the dispute between the executive and the High Court of Cassation and Justice to a close. Marinescu said an agreement on rescheduling the payments had previously existed but was not honoured by former…