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After more than 15 years of experience in top corporations, Alina Vladulescu, former General Manager of Ibis Styles Bucharest City Center and Mercure Bucharest City Center, and Catalina Toma (Roșu), former Director of Development for Accor in Romania, Bulgaria, and Moldova, are partnering and launching WIN Advisors, a regional hub for hotel consulting and management.…

The first quarter of 2024 ended with real estate investments in Romania totaling EUR 202 million, up 69% compared to the first three months of 2023, with transactions in the retail segment accounting for around two-thirds of the volume, according to Colliers’ ”CEE Investment Scene Q1 2024” report. Compared to the other five major economies…

Ten lynxes from the Romanian Carpathians are to be captured and transferred to Germany in the following years in an effort to reintroduce and give this species a permanent future in the Thuringian Forest. Viorel, the first wild male lynx from Romania, was recently released into the forest. As part of this project, a total…

A Romanian mountaineer died on Monday morning, May 20, at Camp III on Everest, at an altitude of 7470 meters, as reported by the Everest Chronicle.  Gabriel Viorel Tabara, aged 48, was found dead in his tent by his Sherpa guide, according to his expedition organizer, Makalu Adventure. “Gabriel and his Sherpa guide had a…

Rider Vlad Dascălu, one of Romania’s hopes for a medal at the Paris Olympics, got a 17-month suspension from the Union Cycliste Internationale (UCI) Anti-Doping Tribunal for an anti-doping rule violation. If the suspension stands, he will miss the 2024 Olympic Games and other upcoming international competitions. UCI said in its statement that Vlad Dascălu…

The Legal Committee within the Romanian Chamber of Deputies issued the maximum sanction for unaffiliated deputy Dan Vîlceanu (picture, right) after he assaulted the liberal (PNL) deputy Florin Roman in the plenary session. Vîlceanu, who also used to be part of the National Liberal Party, will have his salary cut by 50% for 6 months and…

Alin Tișe, the president of Cluj County Council, signed on May 21 the construction permit for the subway project in Cluj-Napoca. According to the project, the Transylvanian city’s subway Line 1 will be over 21 km long and have 19 underground stations and an above-ground depot. “It is a necessary step for the effective start…

Romania is getting close to completing its foreign debt sale plan for the year with a new Eurobond sale as the risk of a wider-than-expected budget deficit is expected to boost funding costs, Bloomberg announced on May 21. The country, which has already raised EUR 7.9 billion in dollar and euro-denominated FX bonds from international…

An electoral poll published on May  21 by Antena 3 TV station places Nicușor Dan in first place in the voters’ preferences for mayor of Bucharest, 6 percentage points (pp) above Social Democrats’ candidate Gabriela Firea (PSD) and 15pp above Cristian Popescu Piedone – the candidate backed by the party founded by Antena 3 owner,…

Romania’s largest oil and gas group, OMV Petrom, is renting the entire tower building of its three-building Petrom City headquarters to a private school after working from home left the space empty, Profit.ro reported. Petrom City is the largest headquarters of a company in Romania, inaugurated in 2010 in the northern Bucharest district Dămăroaia, following…