Category: Uncategorized
-
North Bucharest Investments closes 2025 with over EUR 320 million in sales and anticipates a 35% increase in transaction volume in 2026
North Bucharest Investments closed the year 2025 with a total sales volume exceeding EUR 320 million, generated through 1,922 transactions, confirming the company’s position as a relevant player in the residential segment of northern Bucharest, in a year marked by market adjustment and maturation. The year 2025 represented a phase of business consolidation. North Bucharest…
-
Report: Romania’s hospitality market dominated by 3-star hotels, premium segment underdeveloped
Romania’s hotel market is dominated by 3-star hotels, regardless of region, while the 5-star segment remains underdeveloped, except for Bucharest. Meanwhile, counties such as Cluj and Timiș offer growth prospects amid accelerated economic development and a still limited hotel stock, according to a CBRE report. According to the report, Bucharest is becoming increasingly attractive to…
-
Maia Sandu says she would vote for Moldova-Romania unification, but EU path more realistic
President Maia Sandu said that she would personally vote for the reunification of the Republic of Moldova with Romania should a referendum be organised, arguing that it is becoming increasingly difficult for a small country like Moldova to survive as a sovereign and democratic state. However, she stressed that joining the European Union remains a…
-
Main ETFs on Bucharest Stock Exchange register robust asset growth
The past year saw solid returns for shares listed on the Bucharest Stock Exchange, and a corresponding evolution for the major exchange-traded funds, or ETFs, that track the market’s indexes. The main one on the BVB is the ETF BET Patria – Tradeville fund, managed by SAI Patria Asset Management. The ETF tracks the 20…
-
Romania’s emergency services set to purchase 1,200 new ambulances
Romania’s General Inspectorate for Emergency Situations, or IGSU, announced that it will purchase 1,200 new ambulances by the end of August 2026. The purchase, estimated at RON 1.1 billion (EUR 216 million), is financed by the EU-backed Recovery and Resilience Plan. The financing contract for the purchase of the ambulances was signed a day before…
-
Romanian state to become sole owner of Bucharest airports company after share repurchase
The Romanian government has approved the direct purchase of Fondul Proprietatea’s 20% stake in Compania Națională Aeroporturi București (or CNAB), the company that operates Bucharest’s Henri Coandă Airport and the Băneasa Airport. The purchase was approved on Friday, January 9, by the General Meeting of Shareholders of CNAB. The state already owns 80% of the…
-
Romanian conversational platform Samantha AI launches new voice version
Samantha AI, Romania’s first conversational artificial intelligence platform, has launched a new voice-based version that aims to deliver more natural and continuous user interactions. According to data quoted by the developer, users spend more time in voice interactions than in text-only sessions. Samantha AI was developed by Cristian Doiu and UXR, inspired by the operating…
-
Romania to modernize 15 km of road in Ukraine within the Suceava-Siret Express Road project
Romania will modernize approximately 15 kilometers of road in Ukraine, as part of the contract for Lot 3 of the Suceava–Siret Express Road. The entire construction project is financed by the EU-backed Security Action for Europe (or SAFE) fund, meant for armament projects or infrastructure projects with a civil and military role. The road project…
-
Railway company begins EUR 100 mln restoration of Bucharest’s main train station
The National Railway Company CFR, which manages the railway infrastructure, launched Phase I of the strategic project to modernize, consolidate, and rehabilitate Gara de Nord – Bucharest’s main train station. The investment amounts to around RON 500 million (including VAT). The project, titled “North Railway Station – Between History and Future,” was launched at the beginning…
-
Intensifying cold wave grips Romania, meteorologists warn of -19°C lows
The sharp cold wave is tightening its grip on Romania, with temperatures expected to plunge as low as minus 19 degrees Celsius, according to warnings issued by the National Meteorological Administration (ANM). Meteorologists said the country will face a spell of freezing weather, accompanied by snowfall, strong winds, and icy conditions, affecting most regions through…