Category: Uncategorized
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Bucharest mayor remains under judicial supervision in bribery case
Bucharest mayor Ciprian Ciucu will remain under judicial supervision while prosecutors investigate him for alleged bribery. The Bucharest Tribunal on Wednesday, October 21, rejected his challenge against the National Anticorruption Directorate’s decision to extend the measure, Agerpres reported. The court also rejected Ciucu’s request to modify some of the obligations imposed on him. It ordered…
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Former Tazz, Profi executives launch Romanian local-producer marketplace Hambar
Alin Șerban, former CEO of Tazz, and Călin Costinaș, former deputy CEO of Profi, have launched Hambar, an online marketplace for Romanian local products. The platform aims to expand to more than 600 producers and 10,000 products within six months. Hambar’s initial catalog covers 10 categories, including pantry goods, dairy products, fish specialties, baked goods,…
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SAP Romania expands Timișoara office amid growth of local team
SAP Romania, the local subsidiary of the global leader in enterprise applications and Business AI, announced the opening of a new office space in Timișoara on Wednesday, October 21, following the growth of its local team and the high occupancy rate of its existing headquarters. “Timișoara is an important center for SAP’s operations in Romania,…
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Călin Georgescu questioned over alleged search for surveillance devices in his villa near Bucharest
Former presidential candidate Călin Georgescu was questioned by DIICOT prosecutors on Wednesday, October 21, in a case in which he is suspected of having asked a man to scan his villa in Mogoșoaia, near Bucharest, to find out whether investigators had installed recording devices in the house. The man who allegedly searched the villa for…
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Colliers: Romania reaches 5 million sqm of retail space, room to grow in smaller cities
Real estate consultancy Colliers took stock of Romania’s development in terms of retail space in an in-depth analysis marking 30 years of activity in the country, highlighting that room to grow still exists in small and medium-sized cities. “In 1996, when Colliers entered the Romanian market, modern retail was only just emerging. That same year,…
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Romanian seventh-grader who attacked teacher, fellow student with knife “appears to show no remorse”
The chief prosecutor of the Bistrița-Năsăud Tribunal, Adrian Briciu, said on Tuesday, October 21, that the seventh-grade student who attacked a teacher and several children at a school in Bistrița with a knife had “extremist, Legionary-extremist, far-right symbols” on him and that he premeditated the attack. The student came to school that day with a…
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Seven in ten Romanians plan Black Friday purchases in 2026, study finds
Seven in ten Romanians ages 18 to 55 plan to shop during Black Friday 2026, according to an MKOR survey. The 70% purchase-intent rate compares with 62% in 2025 and 57% in both 2023 and 2024. The interest is similar among men and women, at 71% and 70%, respectively, although their planned purchases differ. Still,…
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Diana Nicolaie named CEO of Romania’s Art Safari New Museum
Diana Nicolaie took over as CEO of Art Safari New Museum on October 20, the Bucharest cultural institution announced. She succeeds Ioana Ciocan, who had led Art Safari since 2015. During Ciocan’s tenure, Art Safari developed into a national cultural project, organizing 19 editions and attracting more than 1 million visitors. Diana Nicolaie has already…
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Report: Bucharest flexible office market grows sixfold since 2015
Bucharest has at least 46 flexible office centers operated by 24 companies, according to a Cushman & Wakefield Echinox report. Their combined area has grown from 11,100 square meters in 2015 to roughly 73,500 sqm in 2026. Flexible space represents around 2.1% of Bucharest’s total office stock. This compares with 4% in Warsaw, 3.9% in…
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Board of Directors of Romania’s central bank ups inflation forecast for 2026
The annual inflation rate will increase by the end of 2026 and exceed the 6.1% previously forecast by the National Bank of Romania, according to the minutes of the monetary policy meeting on October 8, published on Tuesday, October 20. Members of the BNR Board of Directors said the new economic data indicate a deterioration…