Category: Uncategorized
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Romania’s electro-IT retailer Altex plans expansion of Bucharest logistics hub
Altex Romania, the country’s largest electro-IT retailer, is preparing a new phase of expansion of its logistics base near Bucharest through additional land acquisitions in Dragomirești-Vale, Ziarul Financiar reported. The move is part of a broader strategy led by founder and Chief Executive Officer Dan Ostahie to strengthen the company’s logistics infrastructure amid growing focus…
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Romania’s presidency concludes no fuel supply problems after consulting government, oil companies
Romania is not facing supply difficulties, and companies in the sector are purchasing fuels at prices aligned with the international market, the Presidential Administration reported on April 6, after president Nicuşor Dan met with prime minister Ilie Bolojan, energy minister Bogdan Ivan, transport and infrastructure minister Ciprian Şerban, and representatives of oil companies OMV Petrom…
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Romania ups yields for retail bonds denominated in euros
The Ministry of Finance in Romania will launch a new edition of the retail state bonds scheme Fidelis (bonds traded at Bucharest Exchange) between April 14-21, with higher interest rates compared to the March edition on all maturities – both in RON and EUR. For RON issues, interest rates rise to 6.6% for 2-year maturity,…
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Romania’s industry still deep in contractionary mode despite improvement in March
The BCR Romania Manufacturing PMI signalled a milder contraction in March, rising to 46.6 from 45.3 in February, according to Erste Group. The improvement, in line with the development in Europe, fails to capture the lagged effect of the Middle East conflict, except for the higher cost elements. For the entire first quarter of the…
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Hello Doggie Festival returns to Bucharest park in June
Hello Doggie Festival, billed as Romania’s largest event for dog lovers and owners, will return on June 6-7 with an expanded edition in Bucharest’s Titan Park. Organizers say this year’s event will be bigger and more diverse, introducing new attractions, including a dedicated space for cats. The festival will take place on the Dog Island…
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Elbit Systems to begin delivery of Watchkeeper X drones to Romania after delays
Israeli company Elbit Systems is preparing to begin deliveries of Watchkeeper X drones to Romania after delays that recently put the contract under scrutiny, Reuters reported. The move comes after Romania’s defense minister warned the deal could be canceled if progress was not made. The contract, worth RON 1.89 billion (around USD 428 million), was signed…
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Orthodox Easter: Holy Light from Jerusalem to be brought to Romania this weekend
The Holy Light from Jerusalem is expected to be brought to Romania on Holy Saturday, April 11, continuing a tradition established in 2009. The event remains one of the most significant religious moments ahead of Orthodox Easter. According to the Romanian Patriarchate, as reported by Basilica.ro, the Holy Light will be brought from Jerusalem by…
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Baritenor Michael Spyres to perform in Timișoara
Michael Spyres, the American operatic tenor who also sings baritone roles, will perform in Timișoara on April 11 for the closing concert of the project Musica Ricercata – DiVerdi, dedicated to the art of Verdian singing. He performs alongside the Musica Ricercata Orchestra and the Choir of the Banatul Philharmonic in Timișoara, with Gabriel Bebeșelea conducting.…
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COMMA • Communication Awards has announced the winners of the 2026 edition
An unforgettable evening, over 500 participants, and 70 trophies; this is, in a few words, how COMMA • Communication Awards 2026 can be described, held in a five-star setting at the JW Marriott Grand Hotel in Bucharest on April 2. This year, a jury of 241 communication, PR, and marketing professionals evaluated 367 campaigns and…
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Creditors of Romania’s Mangalia Shipyard reject reorganization plan, bankruptcy and liquidation to begin
CITR, the judicial administrator of the Damen Shipyards Mangalia, announced on Monday, April 6, that creditors of the company rejected its reorganization plan at the last meeting, marking the transition of the shipyard into the bankruptcy stage. As a result, activity will be stopped, and liquidation will begin. The reorganization plan aimed to identify a…