Category: Uncategorized

US software giant Autodesk bought MaintainX, a company that develops software for maintenance operations and industrial asset management, founded by Romanian Chris Ţurlică, in an all-cash transaction worth USD 3.6 billion.  The deal announced last week is the largest acquisition ever made by Autodesk and marks the company’s expansion beyond design and manufacturing software into…

Apartment prices increased in all major cities in Romania in March 2026 versus March 2025, while the rental market has shown its limits, with rents staying the same or even dropping, according to real estate experts consulted by News.ro. The price of apartments increased by varying percentages in the last year, from 3.6% in Galați…

Balkanik Festival – Home of World Music will return to Bucharest between August 28 and 30 with a new location and an expanded format. The 13th edition will take place in Tei Park, transforming the lakeside venue into a hub for world music, contemporary art, and cultural dialogue at the end of the summer season,…

ING, one of the major banks active in Romania, announced the appointment of Tuğçe Bora Kiliç (left) as Chief Operations Officer (COO) and member of the Executive Committee, effective June 1, 2026. Kiliç took over the position of COO from Maria Cristina Matei (right), who has held the position for the past 12 years, now appointed CoE…

The Frankfurt Book Fair / Frankfurter Buchmesse is hosting a collective stand featuring a wide selection of titles from publishers in Germany, Austria, and Switzerland at this year’s edition of Bookfest, the organizers of the Bucharest event announced. The presence marks the beginning of preparations for the project that sees Romania as a guest of…

The artificial intelligence market in Romania, estimated at EUR 515 million in 2026, has the potential to reach EUR 1.75 billion by 2031, according to a study conducted by AI Board, based on Eurostat, IDC, ANIS data, and estimation models anchored in the structure and AI consumption of companies active in Romania. The expected growth…

General Gheorghiță Vlad, Chief of the General Staff of the Romanian Army, was charged by the military section of the National Anticorruption Directorate, or DNA, on Tuesday, June 2, for complicity in abuse of office. DNA military prosecutors claimed that, in July 2025, the Chief of the Defence Staff, “through acts of complicity,” “facilitated the…

Octavian Ursu, a German of Romanian origin and a candidate of the center-right Christian Democratic Union (CDU), has won a second term as mayor of the city of Görlitz, eastern Germany, after defeating Alternative for Germany (AfD) far-right party candidate Sebastian Wippel in the second round. The election in Görlitz was watched closely, as the…

A majority of Romanians want the country to establish closer ties with states such as France and Germany, but opinions are divided on relations with the United States under the Trump administration, according to an Avangarde poll cited by Digi24. Specifically, 66.7% of Romanians want closer ties with the EU, while 24.9% reject this idea. …

Banca Transilvania (BVB: TLV), Romania’s largest financial group, has sharply revised down its 2026 economic growth forecast for the country to 0.2%, from 1.67% projected in January, citing weaker-than-expected economic activity, political uncertainty, and rising geopolitical risks. In its latest monthly economic outlook, the bank’s analysts said the balance of risks remains “strongly tilted to…