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French investment fund Reed Capital has acquired Walor Precision Turning, a manufacturer of high-precision metal components for the automotive industry that also operates a factory in Sfântu Gheorghe, central Romania. Overall, the company has nearly 420 employees and three production facilities in France, Romania, and Mexico. The factory in Sfântu Gheorghe is one of the…

Timișoara is gearing up for four days of concerts, cultural experiences, sports, heritage and community activities as it holds its City Celebration from July 31 to August 3. The celebration will bring 203 free events held in the Civic Park, I.C. Brătianu Park and Boulevard, the Uszoda area, Nicolae Titulescu Riverside Promenade, Victory Square and…

The Economic Committee, part of Romania’s upper legislative chamber, adopted a favorable report for the draft law on measures to reduce fuel prices on Monday, July 27.  The bill must also receive the approval of the Senate plenary in order to continue its legislative process. If adopted, it will introduce, for the first time, a…

The head of Romania’s Department for Emergency Situations (DSU), Raed Arafat, claimed in a video posted on Facebook that the case concerning fictitious employment contracts at the institution he heads was fabricated. The DSU head said that official checks “confirmed that the prosecutor artificially established jurisdiction in the case by invoking a fabricated factual circumstance.”…

Autonom, one of the largest independent Romanian companies in the mobility solutions market, listed its third sustainability-linked bond issue, worth a total of EUR 30 million, on the Main Market of the Bucharest Stock Exchange, or BVB, on Monday, July 27. The bond issue listed under the ticker AUT31E is made up of 300 bonds…

More than half of Romania’s residential property transactions are now financed through mortgage loans, with the share rising significantly over the past four years, according to an analysis by online mortgage broker Ipotecare.ro based on official data. Nationally, mortgage-backed purchases accounted for just over 57% of residential transactions in the first half of 2026. In…

A Romanian worker died after being struck in the head by a beam while carrying out painting work on a platform at the construction site of Barcelona’s famed stadium Camp Nou.  Rescue crews confirmed the death of the 54-year-old man. His death was the first fatality registered at Camp Nou, Barcelona’s legendary stadium, which has…

A bear was tranquilized and captured by specialized teams on Monday, July 27, after a two-hour chase through central areas of the city of Sibiu. The animal and intervention teams ran through several neighborhoods until the former was cornered, according to local news outlet Turnul Sfatului. The first alert regarding the presence of the bear was…

The works of Romanian sculptor Constantin Brâncuși (1876-1957) are drawing large crowds to the Neue Nationalgalerie in Berlin, according to an announcement by the museum cited by BZ Berlin. The museum is currently hosting the first comprehensive Brâncuși exhibition organized in Germany for more than 50 years. The exhibition, scheduled until August 9, is already…

Six symphonic concerts featuring internationally renowned conductors, Romanian orchestras, and young musicians from around the world will form the centerpiece of the 2026 George Enescu International Competition. The 20th edition will take place in Bucharest from August 23 to September 19. The concerts, all scheduled to take place at the Romanian Athenaeum, will include the…