Category: Uncategorized

The share of companies predicting a reduction in the number of employees in the upcoming year has increased to 11% in January 2025 from 2% same time last year, according to the HR Barometer survey conducted by PwC Romania.  Fiscal measures taken by the government to reduce the budget deficit, such as the elimination of…

The Veranda Mall shopping center, located near Bucharest’s busy Obor market, is up for sale and has reportedly caught the interest of real estate investors AFI Europe and M Core, Profit.ro reported. The mall is currently owned by the Pogonaru family, the Pavăl brothers (owners of Dedeman), Evergent, and Erste Bank, among its shareholders. AFI…

Romanian prime minister Marcel Ciolacu announced that a team of lawyers contracted by the government managed to block the sale of the painting Saint Sebastian by the renowned artist El Greco, which is part of Romania’s heritage. Ciolacu added that earlier this month, the government mandated lawyers to pursue the recovery through legal proceedings at…

Romania’s eMAG and HeyBlu, a financial services company owned by the eMAG group, have announced the acquisition of Orange Money by taking over 100% of its shares. The transaction is part of eMAG’s strategy to expand and diversify its financial services, the company said. “The acquisition of Orange Money is part of eMAG’s strategy to…

Only 28% of teenagers in Romania aged 11-15 engage in the minimum required level of physical activity and sports to maintain good health, according to a study conducted by the World Health Organization cited on High5 Podcast. Additionally, only 23% of them perform sufficient moderate and intense physical activities for their stage of development, which…

The Romanian Olympic and Sports Committee (COSR) announced the team for the European Youth Olympic Winter Festival (EYOF) Bakuriani 2025, which will take place in Georgia from February 9 to 16. Twenty athletes will compete in four disciplines, namely biathlon, alpine skiing, cross-country skiing, and snowboarding. The biathlon team comprises eight athletes, evenly split between…

About 5.7 tons of waste, including over 3 tons of plastic, have been collected in the last two years from several of Romania’s rivers through the log boom system, the Romanian Waters National Administration (Apele Române) announced.  The project has focused on major rivers across Romania, such as the Jiu River in Rovinari, where 3,100…

Anglo-Dutch multinational Unilever, one of the largest players in the food and non-food consumer goods market, is closing its ice cream factory in Veliko Tarnovo, Bulgaria, and moving part of the production to Romania, in Suceava, according to Ziarul Financiar. The move comes just a few months after Unilever announced that it would separate its…

Romanian football team FCSB was defeated 0-2 by the UK’s Manchester United on Thursday, January 30, in the last round of the main group stage of the Europa League. The Romanian champions finished their group in 11th and secured qualification for the competition’s play-offs. Roughly 3,000 English fans were present in Bucharest for the match.…

Romania received another F-16 Fighting Falcon aircraft from Norway this week, completing the 48th Fighter Squadron with a full fleet of 16 fighter jets. The aircraft landed at the “General Emanoil Ionescu” 71st Air Base in Câmpia Turzii on Thursday, January 30. The acquisition is part of a broader initiative aimed at enhancing Romania’s security…