Category: Uncategorized
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Bulgarian ceramic tile manufacturer Izida Ceramica opens Romanian subsidiary
Bulgarian ceramic tile manufacturer Izida Ceramica has opened a Romanian subsidiary. The company aims to become one of the top three players in the Romanian market in less than three years, it said, quoted by Profit.ro. Established in 1894 near Sofia, the company has undergone significant modernization in recent years through investments exceeding EUR 30 million…
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CFA Romania Association survey shows confidence in the economy ‘declined significantly’
The Macroeconomic Confidence Indicator of the CFA Romania Association fell significantly, by 7.7 points, in May, reaching a value of 30.5 points, below the neutral 50-point benchmark. The current conditions indicator decreased by 9.3 points to 23.4 points, while the expectations indicator declined by 6.8 points, reaching 34 points. “Amid risk aversion, driven by both external…
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Eli Lilly appoints Sebastian Iovan as GM of Romania Cluster
Eli Lilly and Company has appointed Sebastian Iovan as general manager for Romania Cluster. He will coordinate, starting July 1st, 2026, the company’s commercial, medical, and operational activity on the markets of Romania, Bulgaria, Serbia, Croatia, Slovenia, and Bosnia and Herzegovina. Sebastian Iovan is a medical doctor from Cluj-Napoca who has a Master of Science…
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Qualysoft Romania reports 54% increase in turnover in 2025
Qualysoft Romania ended 2025 with a EUR 7.89 million turnover, up 54% compared to 2024, when the local business stood at EUR 5.12 million. At the same time, the team in Romania reached 119 software engineers, an increase of approximately 45% compared to the previous year. The results reflect the expansion of local and international…
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OMV Petrom, CE Oltenia to start installing PV panels at four solar parks under construction in Romania
The first batch of photovoltaic panels, part of a total of approximately 800,000 panels, for the four solar parks currently under construction in the localities of Ișalnița, Tismana and Rovinari, has arrived in the country, energy producer OMV Petrom announced. The four parks have a total capacity of approximately 550 MW. OMV Petrom and CE Oltenia…
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Romanian prosecutors investigate alleged mass exploitation in care home network
Prosecutors from Romania’s Directorate for Investigating Organised Crime and Terrorism (DIICOT) carried out dozens of searches on Tuesday, June 30, in a case involving a network accused of exploiting, over the past six years, hundreds of vulnerable or mentally ill people in Bihor County, western Romania. According to DIICOT, over 2,200 vulnerable persons passed through…
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Online shopping: Romania targets cheap non-EU imports with EUR 3 tax per item
Products purchased online by individuals in Romania from platforms outside the European Union will become more expensive starting July 1, following the introduction of a EUR 3 customs duty for each item in packages with a value of up to EUR 150. The new tax is added to the RON 25 logistics fee per package,…
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Romanian citizen arrested in Germany over alleged “war of terror” plot targeting Romania
German authorities arrested a Romanian national accused of trying to create a far-right terrorist organization that would carry out a “war of terror” in Romania. Prosecutors say the alleged plan aimed to help bring down the Romanian state and replace it with a new state modeled on National Socialism. Germany’s Federal Public Prosecutor General said…
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Bucharest’s main airport “Henri Coandă” signs EUR 18.4 mln contract for new terminal
The Bucharest National Airports Company, the body managing the “Henri Coandă” International Airport, signed the contract for the design of a new terminal and related airport infrastructure, with a value of approximately EUR 18.4 million, on Tuesday, June 30. The contract was signed with the consortium Leviatan Design (leader), Ubitech Construcții (partner), with subcontractors/third parties/bidders…
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Army says drone found by local near Danube Delta entered Romania back in April
The Romanian Defense Ministry was notified on Monday, June 29, that a resident from Tulcea County found an unexploded drone. Experts who went to the scene established that the drone entered Romanian territory in April, probably during one of Russia’s attacks on Ukrainian cities on the Danube. The drone landed in the area of Rachelu…