Category: Uncategorized

Tour operator Christian Tour  (BVB: TRIP) will be listed on the Bucharest Stock Exchange (BVB) on Monday, June 22, after an Initial Public Offering (IPO) of shares that raised RON 149 million (EUR 30 million), Profit.ro reported. It will thus become the first and only tour operator in Romania whose shares are traded on the…

Foreign direct investment (FDI) continued to weaken across most of Central, Eastern, and Southeast Europe in 2025, but Romania stood out with one of the strongest performances in the region, according to a report published by the Vienna Institute for International Economic Studies (wiiw). Although total FDI inflows into the region rose to more than…

Romania’s prime minister-designate Adrian Vestea (PNL, yet not backed by his party) in the evening of June 17 announced that he would come up with a cabinet formed by representatives of the Social Democratic (PSD) and Liberal (PNL) parties as well as technocrats, will follow the ruling strategy of his predecessor Ilie Bolojan “down to the smallest…

RELOC Craiova, part of the GRAMPET Group, has completed the modernisation of 19 ELASMO electric locomotives under a project financed through Romania’s National Recovery and Resilience Plan (PNRR), with a total value of EUR 91.1 million. The completion of the programme was marked by the performance test of the ELASMO 019 locomotive, the last unit…

Romanian proptech startup VAUNT has signed its first client in the United States, marking a major step in its international expansion strategy. The company announced a partnership with New York-based real estate brokerage and relocation firm Pinpointe Group, which will use VAUNT’s integrated sales and marketing platform. The partnership brings VAUNT’s technology to the US…

Romania’s Lorena Ostase has been nominated for the EHF Excellence Awards 2026, the annual distinctions recognizing the best performers in European handball. The nomination was announced by the Romanian Handball Federation (FRH), which hailed the recognition as a significant achievement for Romanian handball. Ostase, who plays as a pivot for Romania’s national team and for…

Leroy Merlin, a retailer specializing in construction, home improvement, decoration and gardening products, closed 2025 with a turnover of approximately RON 3.7 billion, marking an increase of around 9% compared to the previous year. This growth was driven by the expansion of the store network, continued investments in digitalization and logistics, as well as by…

A delivery worker from Sri Lanka was reportedly assaulted on Monday, June 15, by a security guard in the courtyard of the Arad County Emergency Clinical Hospital, in western Romania. The altercation was filmed by a Sri Lankan and was sent to the local news outlet Special Arad. The delivery worker allegedly stopped his car…

SpaceX, the spaceflight, telecommunications, and artificial intelligence company founded by Elon Musk, has already invested nearly EUR 100 million in Romania, turning it into a relevant regional center for the company in Europe, according to Pavel Popescu, vice president of the National Authority for Management and Regulation in Communications (ANCOM). The statements, made at the…

Symfonia Group, a Central European cloud and AI-powered software company, announced it would consolidate its Romanian operations under a single local leadership. As such, its two Romanian companies, Softeh Plus and NextUp, are integrated into a single organization under the leadership of Roxana Epure as CEO of Symfonia in Romania. The consolidation creates a unified…