Category: Uncategorized
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YOXO Introduces Buy-Back, in Partnership with Recommerce®
YOXO, the 100% digital mobile phone service, announces the launch of a buy-back programme for phones and tablets. Anyone can visit buyback.yoxo.ro to sell their device and receive money in exchange within just a few days. The programme has been developed together with Recommerce®, a European expert in the field, alongside whom YOXO also developed…
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Romanian software provider Ascendia triples turnover in Q1 2026
Ascendia (BVB: ASC), a provider of software solutions on educational topics, achieved operating revenues of RON 15.69 million in the first quarter of 2026, an increase of 222.86% compared to the RON 4.87 million recorded in the previous financial period. Turnover increased by 234.32% compared with Q1 2025 to RON 15.6 million. In the same…
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Romania signs two major SAFE-financed contracts for drones, A8 highway section
Romanian interim defence minister Radu Miruță announced on Thursday, May 27, the signing of two contracts financed through the EU-backed Security Action for Europe SAFE program aimed at defence and dual-use infrastructure. Surveillance drones The first contract, valued at EUR 30.7 million, is for 34 Mini UAS Class I drones and 15 Scorpion kits, which…
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Eurostat: Romania among EU countries with the longest working weeks
Romanians are among the Europeans with the highest number of weekly working hours, according to data published by Eurostat on Wednesday, May 27. On average, Romanians worked 38.2 hours a week in 2025, compared to the EU average of 35.9 hours. In the ranking of member states, the longest working weeks were recorded in Greece…
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Simtel completes one of Romania’s largest battery energy storage projects
Simtel (BVB: SMTL), an engineering and technology group listed on the Main Market of the Bucharest Stock Exchange (BVB), announced the completion of a large-scale battery energy storage project in western Romania. The project, developed for Energy Capital Group, has an installed capacity of 100 MW and 200 MWh. The facility is located in the…
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Royal Charity Concert to return in October to support young artists from Romania and Moldova
The Margareta of Romania Royal Foundation announced the 17th edition of the Royal Charity Concert, scheduled to take place on October 25 at the Romanian Athenaeum in Bucharest. The annual gala event will be held in the presence of Romania’s Royal Family and aims to raise funds for scholarships supporting young artists from Romania and…
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Romanian restaurant chain City Grill mulls listing on Bucharest Stock Exchange
City Grill Group, the largest restaurant chain with Romanian capital, is considering a possible listing on the Bucharest Stock Exchange, encouraged by the success of other listed entrepreneurial companies, according to founder and majority shareholder Dragoș Petrescu, as reported by Termene.ro. The founder’s family owns roughly 60% of the group’s shares, with partners Marian Alecu…
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Mayor signs Bucharest’s candidacy file to host 2028 Europa League final
General mayor Ciprian Ciucu announced on Thursday, May 28, that he signed Bucharest’s candidacy file to host the 2028 UEFA Europa League final. The Romanian capital is also preparing a series of upgrades and repair works at the National Arena stadium as part of the bid. The mayor said the candidacy was submitted in support…
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Romanian taxi operators fined for colluding to block competing app at Otopeni Airport
The Competition Council announced on Wednesday, May 27, that it sanctioned the Confederation of Authorized Operators and Transporters in Romania (COTAR), the Federation of Romanian Transport Operators (FORT), and 18 taxi companies with fines totaling nearly RON 4 million (EUR 780,000) after they collectively agreed to remove an IT application for taxi orders from Bucharest’s…
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Romanian PM Ilie Bolojan to meet president Maia Sandu during visit to Moldova
Romania’s interim prime minister Ilie Bolojan will pay an official visit to the neighbouring Republic of Moldova on Friday, May 29, where he is scheduled to meet president Maia Sandu and PM Alexandru Munteanu. The discussions will focus on joint projects and bilateral cooperation, in the context of Romania’s continued support for Moldova, the government…