Category: Uncategorized
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Ukraine’s Interpipe takes over Romanian pipemaker ArcelorMittal Roman
The Ukrainian Interpipe group, among the largest global producers of steel pipes, controlled by billionaire Victor Pinchuk – the second richest in Ukraine – took over the ArcelorMittal Tubular Products Roman factory in Romania. Interpipe reportedly signed the agreement for the acquisition in December, according to Profit.ro. ArcelorMittal Roman is Interpipe’s first acquisition of a…
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Romania to cut the excise duty for diesel and levy “solidarity tax” on oil companies
The Ministry of Finance in Romania has published for consultations the draft of emergency measures designed to protect fuel consumers, which envisages reducing the excise duty on diesel and setting up a “solidarity contribution” charged to the domestic crude oil producers – mainly OMV Petrom. The logic of the solidarity contribution seems to be offsetting…
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‘Marie of Romania: Artist Queen’ exhibition arrives at King Charles III House in Viscri
The exhibition Marie of Romania: Artist Queen. A Floral Conversation has opened at the King Charles III House in the Transylvanian village of Viscri, bringing to Romania the project first presented in London. The exhibition explores the artistic legacy of Queen Marie and her deep connection to the flora of her adopted country. The exhibition,…
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Mircea Lucescu leaves role as Romania’s national football team coach
Mircea Lucescu has stepped down as head coach of Romania’s national football team, the Football Federation FRF announced. The end of his contract marks the conclusion of his second term in charge of the national team. Under his leadership, Romania delivered a strong campaign in the UEFA Nations League, securing a place in the March…
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Romanian audiobook & e-book platform Voxa gets EUR 4 mln for expansion, product development
Voxa, the audiobook and e-book streaming platform launched in 2021 by entrepreneurs Marin and Dan Vidrașcu, has raised more than EUR 4 million in a round led by Catalyst Romania, with participation from Crescendo Ventures and SeedBlink. The funding will support the expansion into the Balkans (Serbia, Croatia, Bosnia and Herzegovina, and Montenegro), strengthen the…
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Romanian president welcomes recovery of stolen Dacian treasure, urges better protection of heritage
Romanian president Nicușor Dan welcomed the recovery of the ancient golden helmet of Coțofenești and two of the three Dacian bracelets stolen from the Drents Museum in the Netherlands in January 2025, praising the joint efforts of Romanian and Dutch investigators. He also called for stricter measures to better protect national heritage in the future.…
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Bucharest withdraws free parking facility for hybrid cars
Hybrid cars will no longer benefit from free parking in Bucharest’s public parking lots starting May 1, 2026, according to a draft proposed by the general mayor, Ciprian Ciucu, and approved on Thursday, April 2, by the General Council of the Municipality of Bucharest. For electric cars, free parking remains in force until the end…
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Romanian president gives patronage to Bucharest Design Festival 2026
The first edition of the Bucharest Design Festival 2026 will open at the Cotroceni National Museum under the High Patronage of the President of Romania, Nicușor Dan. Organized by The Institute Foundation between May 20 and June 21, the event is conceived as a creative festival for Bucharest, bringing together professionals in design, art, architecture,…
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German retailer Lidl opens 400th store in Romania
Retail chain Lidl opened its 400th store in Romania on Thursday, April 2, in the city of Voluntari, Ilfov County, marking a major milestone. On the same day, the retailer inaugurated two other stores, in Brașov and the town of Breaza. Lidl is currently one of the largest employers in Romania, with over 14,000 employees.…
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Developer Redport kicks off last phase of residential project in northern Bucharest
Real estate developer Redport has launched the fourth and last phase of the residential project The Level Apartments, located in the Străulești – Petrom City area, in northern Bucharest. The new phase, with a gross development value (GDV) exceeding EUR 43 million, includes 202 apartments. It follows the completion of the 105 units in the previous…