Category: Uncategorized
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Romania’s Farmec plans to start construction of EUR 70 mln cosmetics factory in 2027
Romanian cosmetics manufacturer Farmec plans to begin construction of a new EUR 70 million production facility in Apahida, near Cluj-Napoca, in 2027, after securing a key urban planning approval for the project, according to Ziarul Financiar. “The zonal urban plan (PUZ) for this project recently received a positive opinion from the Technical Commission for Territorial…
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S&P Global highlights Romania’s 1 GW solar project as signalling Eastern European renewables boom
Romania’s planned Dama solar park, with more than 1 GW of installed capacity, illustrates the growing scale of renewable energy investment in Central and Eastern Europe, according to comments published by S&P Global Commodity Insights. Jaroslava Korpanec, Partner and Head of Central and Eastern Europe at infrastructure investor Actis, said the project reflects the transformation…
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Romania’s retail investors in public debt scheme Fidelis prefer euro bonds in July
As much as 70% of the value of subscriptions in this month’s edition of the retail public debt scheme Fidelis is in securities denominated in the single European currency, Profit.ro pointed out based on the public data. Investors are thus reacting to the shrinking coupons attached by Romania’s Treasury to the leu-denominated bonds, but also…
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The Romanian-American University, in partnership with OAMGMAMR, opens the debate on the future of the nursing profession and introduces its new School of Medical Sciences
The Romanian-American University hosted the conference “The Nurse of the Future: Competencies, Professional Autonomy, Leadership, and Innovation in Healthcare.” Organized in partnership with the Order of General Nurses, Midwives and Nurses of Romania (OAMGMAMR), the event brought together leaders from the medical community, representatives of patient associations, and academic experts for an open dialogue on…
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Romanian fast-food chain Fryday plans EUR 25 mln investment through 2027
Romanian fast-food chain Fryday plans to invest around EUR 25 million in 10 new restaurants during 2026 and 2027, following the opening of its first outlet in the Republic of Moldova, according to Economica.net. Founded by Suceava-based entrepreneur Lucian Florea, the company aims to expand its network from 30 restaurants currently to 100 locations by…
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Romania’s Merlins Beverages completes EUR 50 mln factory
Merlins Beverages, a soft drink producer with brands such as Vitamin Aqua, Lemonade, Plafar (licensed brand), and Pop Cola, has completed a new factory after an investment of EUR 40 million, excluding VAT (approximately EUR 50 million with VAT), according to Ziarul Financiar. “Realised with state aid granted through the scheme run by the Ministry…
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Romania’s president reportedly explores option of government of technocrats again
Romania’s president Nicușor Dan will propose to parliamentary parties a “truce government “ either formed by technocrats or a mixed one, meaning “a political government with technocrats as ministers,” according to Antena3 CNN, citing sources familiar with the negotiations on July 10, as reported by Observatornews.ro. On the day before, president Dan repeated in Ankara…
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April wages in Romania: Bucharest leads, but Sibiu posts fastest annual growth
Romania’s capital remained the country’s highest-paying county in April, while Sibiu recorded the strongest annual increase in average net wages, according to National Institute of Statistics (INS) data compiled by Ziarul Financiar. Sibiu was the only county to post double-digit annual wage growth, with the average net salary rising by 10.2% compared with April 2025.…
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TIFF Unlimited Caravan returns with open-air film screenings across Romania
The TIFF Unlimited Caravan returns this summer for its 17th edition, bringing open-air film screenings to cities and communities across Romania between July and September. The traveling program will feature Romanian and international films, including festival award winners, premieres, and titles previously screened at the Transilvania International Film Festival. According to the organizers, this year’s…
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Romania’s telco Digi proceeds with EUR 287 mln IPO for Spanish subsidiary
Romanian telecom operator Digi Communications (BVB: DIGI) wants to raise at least EUR 287 million by listing the shares of its Spanish subsidiary, according to a note to investors. The public offering, which may reach EUR 330 million, includes the sale of new shares and existing shares plus an over-allocation option granted to the global…