Category: Uncategorized

Deputy prime minister and interim minister of agriculture, Tanczos Barna, announced on Wednesday, June 10, that he initiated a process to remove the brown bear from the list of protected species and move it to another annex. The process takes place at the level of the European Commission. Barna, a former environment minister and longtime…

Dristor Kebap, Romania’s largest kebab chain and a major player in the Quick Service Restaurant industry, is seeking external financing of up to EUR 5 million to accelerate its business growth, the first round of external investment in the company’s history. The chain reported revenues of RON 84.3 million (EUR 17 million) in 2025. To…

The Foreign Investors Council (FIC), the organization reuniting the largest foreign-owned companies in Romania, announced its new leadership team for the 2026–2027 mandate on Thursday, June 11.  Alessio Menegazzo, CEO and Country Manager of PPC Romania, will take over the position of president. Mihaela Bîtu, CEO of ING Bank Romania, and Alexandru Reff, Country Managing…

Spending by foreign tourists in Romania exceeded EUR 5 billion in 2025, according to Eurostat data cited by real estate consultants at Colliers, almost 2.8 times higher than in 2016, representing an average annual growth rate of approximately 12% over the past decade, the fastest pace among all European Union member states.  Tourists from the…

The board of angel investor network TechAngels has appointed Ana Maria Andronic as president. She will hold this mandate until the next internal elections, scheduled for next year, the organization announced. She has been active in the Romanian startup ecosystem for more than 15 years. She co-founded Venture Connect, an initiative facilitating investments in tech…

Police officers from the Cluj County Police Inspectorate detained a 66-year-old man on Wednesday, June 10, for alleged rape and sexual assault. The man was the spiritual leader of a religious group, and his victims were minors, according to Agerpres. Law enforcement executed two home search warrants at properties located in the city of Huedin…

The National Liberal Party (PNL) will not support the investiture of a government proposed by prime minister-designate Eugen Tomac, interim PM and party leader Ilie Bolojan announced on Thursday, June 11. The decision is a significant blow to Tomac’s efforts to secure parliamentary backing for a technocratic cabinet. Speaking after a meeting of the party…

EKN, a company specializing in marketing and technology solutions and part of the multinational Numatec, has entered the Romanian market, where it appointed Olimpia Norsesovici as country manager. The company said it decided to enter the local market because it represents “one of the fastest-growing digital advertising markets in Eastern Europe, with increasing investments in…

Anti-immigration protests took place in Northern Ireland, a territory part of the United Kingdom, on Tuesday and Wednesday, June 9 and 10, after the stabbing attack by a Sudanese man in Belfast. The Romanian Ministry of Foreign Affairs confirmed that the homes of three Romanian families were vandalized during the protests. The protests first erupted…

Romanian entrepreneur Iulian Stanciu has sold the stake he owned in eMAG Group to Napers-owned consumer internet group and technology investor Prosus, 17 years after taking over the company and 14 years after the signing of the partnership with Napers. For Stanciu, the deals mark the transition from entrepreneur to investor as he will accelerate…