Category: Uncategorized
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Romania travel: Five day trips from Bucharest
Within a few hours of the capital or less, visitors can discover traditional crafts, a landscape of mud volcanoes, a historic palace, and one of Romania’s best-known mountain resorts. Here is a selection of five destinations to try as one-day trips from Bucharest. Piscu School Museum and Workshop Set in a former village pottery, the…
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Romania seeks to save flag carrier Tarom with new restructuring plan
The new management at national flag carrier Tarom will revise the restructuring plan, approved by the European Commission in April 2024 along with a EUR 95 million state aid, and will file the first draft of the amended document in early September, with the final draft due by the end of September, acting transport minister…
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Jewellery retailer Teilor Group gets EUR 115 mln syndicated financing for development
Romanian entrepreneurial group Teilor has secured syndicated financing of up to EUR 115 million to refinance existing facilities, fund investments and provide revolving credit lines for its development plans, according to Ziarul Financiar. UniCredit Bank acted as Coordinating Mandated Lead Arranger and Bookrunner, while ING Bank Romania was Mandated Lead Arranger and Original Lender. Legal…
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Romanian-Ukrainian JV plans military drone production in Cluj-Napoca
Romanian technology company OVES Enterprise and Ukrainian drone manufacturer EDRONE plan to establish a joint military drone production facility in Cluj-Napoca, with initial capacity targeted at around 1,000 units per month, according to Ziarul Financiar. The partnership builds on cooperation between the companies that began during the early years of the war in Ukraine. OVES…
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Nuclearelectrica and its private partner respond to Romanian government’s criticism of SMR project
Romanian state-controlled nuclear power group Nuclearelectrica (BVB: SNN), whose shares dropped by 2.4% on July 28 after a report published by the control body of the prime minister questioned the partnership with Nova Power & Gas (NPG) for the small modular reactors (SMR) project at Doicesti, in a note to investors, responded to the government’s report advocating…
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Romania’s SocDem opposition challenges government decisions on PNRR milestones
Romania’s opposition Social Democratic Party (PSD) will ask the Bucharest Court of Appeal to suspend decisions adopted by the interim government led by prime minister Ilie Bolojan, party leader Sorin Grindeanu said on July 28, escalating a dispute over the government’s authority to adopt measures linked to the National Recovery and Resilience Plan (PNRR). Grindeanu…
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Romanian exports to US outpace investment growth in 2025, AmCham says
Romania’s exports to the United States grew faster than investment flows in 2025, driven by strong gains in services, particularly IT and communications, according to a new analysis by the American Chamber of Commerce in Romania (AmCham Romania). The US remained Romania’s largest non-EU investor, with foreign direct investment stock exceeding USD 9 billion. Romanian…
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Video shows tourist unaware of bear approaching from behind on Romania’s Transfăgărășan
A tourist narrowly avoided being attacked by a brown bear on Romania’s scenic Transfăgărășan mountain road after failing to notice the animal approaching from behind. The incident, captured on video by another visitor, has since gone viral on social media. The footage shows the man standing by the roadside and most likely looking at his…
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Romanian PM to welcome Moldovan counterpart Vasile Tofan on first official visit to Bucharest
Romania’s acting prime minister Ilie Bolojan will host his Moldovan counterpart, Vasile Tofan, in Bucharest on Thursday, July 30, for the latter’s first official visit to Romania since taking office. The two leaders are expected to discuss bilateral infrastructure projects, regional security, and Moldova’s path toward European Union membership. The meeting at the Victoria Palace…
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Timișoara City Celebration expands accessibility with sign language concerts, inclusive spaces
This year’s Timișoara City Celebration will expand accessibility measures for people with hearing impairments and neurodiverse visitors, with sign language interpretation at several headline concerts and dedicated viewing areas. The event will take place between July 31 and August 3. The organizers said concerts by Beth Hart, The Script, Irina Rimes, and Alexandra Căpitănescu will…