Category: Uncategorized

BRD (BVB: BRD), one of the major banks present in Romania, reported a net profit of RON 784 million in the first half of the year, up 2.5%, according to the report submitted to the Bucharest Stock Exchange. In H1 2026, BRD Group’s net banking income reached RON 2,206 million, up +1.8% year-on-year. Net interest…

Sphera Franchise Group, the operator of the KFC brand in Romania, opened the chain’s first Drive Thru restaurant in the Bran area following an investment of approximately EUR 1 million. Located in Bran Plaza in Tohanu Nou, Brașov County, the new outlet is Sphera’s sixth KFC opening this year.  The restaurant covers around 350 square…

The strike in the Romanian healthcare sector entered its third day on Thursday, July 30, and union representatives warned that street protests will follow if the government does not offer them additional guarantees that the planned Wage Law will not cut any income in the system. Government representatives, on the other hand, said that the…

Romanian residential developer Urban Spaces announced the launch of its first public fundraising campaign, seeking EUR 1.3 million for the build-to-rent component of its Urban Spaces Aviației project in Bucharest. The campaign is being conducted through Growceanu, a regulated Romanian investment platform for private companies. The funding round, open until September 30, represents 20% of…

Romania’s men’s sabre team will fight for bronze at the World Championships in Hong Kong after losing against South Korea in the semifinals (44-45). Comprising Vlad Covaliu, Radu Nițu, Răzvan Ursachi and George Dragomir, Romania’s sabre team defeated Italy in the quarter-finals, with a score of 45-36. Previously, Romania’s team had defeated Great Britain (45-17)…

Romania’s Chamber of Deputies approved legislation extending the deadline for completing certain home purchases eligible for the reduced 9% VAT rate until September 30, 2026, Agerpres reported. The measure is intended to protect buyers whose transactions were delayed by the recent cyberattack on the National Agency for Cadastre and Land Registration (ANCPI). Under the bill,…

Beko Romania invested approximately EUR 1.3 million to modernize its spare parts logistics hub in Căteasca, Argeș County, doubling its storage capacity and expanding its role within the company’s regional after-sales operations. The facility serves 22 markets in Central and Eastern Europe and also ships spare parts to destinations including the United States, China, Morocco,…

The new Art Encounters Foundation center, set to open in September with the exhibition Picasso en visite, will allow the Timișoara-based institution to expand its international collaborations while continuing to support the new generation of artists and curators. The center, dedicated to contemporary art, education and public engagement, is housed in the building previously known…

Over 88,000 young people from more than 150 countries and five continents applied this year for a study scholarship in Romania, according to an announcement made by interim foreign minister Oana Țoiu on Wednesday, July 29.  The number of applications is more than 19 times higher than four years ago and represents a record. “I…

Cluj International Airport plans to introduce a Fast Track access and verification system designed to speed up boarding and reduce waiting times for passengers. The airport has launched a tender for the project, estimated at RON 1.87 million, as part of its efforts to modernise passenger services. The new system will consist of two eGate…