Category: Uncategorized

The agro-industrial conglomerate Trans-Oil Group, one of the largest players in the Black Sea region, with a focus on the Republic of Moldova but also active in Romania, Serbia, Turkey, and Asia, is analysing a possible listing on the Bucharest Stock Exchange as part of its strategy to diversify its financing sources, according to Ziarul…

Romania’s state-owned airline Tarom reported a gross profit of RON 292.3 million (nearly EUR 60 million) for 2024, marking its first major turnaround after several consecutive years of financial losses, Economica.net reported. The improvement follows the implementation of the company’s restructuring plan approved by the European Commission, alongside a new business strategy aimed at restoring…

Sameday, the second-largest courier company in the Romanian market, controlled by the eMag group, has invested EUR 80 million over the last year, with funds directed towards technology, regional development, strengthening operational capacity, and expanding the easybox locker network. The investments come in the context of a 20% increase in the company’s revenues in the…

The initial public offering organized by Romanian cold cuts and ready-made meals producer Cris-Tim at Bucharest Exchange ended on October 29 at the lowest end of the target range envisaged by the issuer, namely RON 16.5 per share, according to Profit.ro. The final price would result in a post-IPO company valuation of RON 1.27 billion…

The United States remains committed to Romania as a trusted NATO ally and strategic partner, US Ambassador to NATO Matthew Whitaker said on Wednesday, October 29, following Washington’s decision to reduce its troop presence in the country. Defense minister Ionuț Moșteanu noted that around 800 US troops will be pulled back primarily from the Mihail…

Film festivals, Halloween events and a chamber music festival make for a busy weekend in Bucharest, while Brașov hosts a horror and fantasy film fest. In Bucharest: SoNoRo October 31 – November 9 The chamber music festival celebrates its 20th anniversary at this edition, titled Romanian Rhapsody. The opening concert takes place at the National…

The Romanian Parliament’s Chamber of Deputies greenlit a request from opposition parties Alliance for the Union of Romanians (or AUR), SOS Romania, and the Party of Young People (or POT) to establish an inquiry commission into the October 17 explosion at the residential building in southern Bucharest. Three people died in the blast, which was…

Two new studies centering on Romanians’ purchasing habits in connection with the yearly discount event known as Black Friday show a starkly different image compared to previous years. The findings suggest Romanians traded impulsivity for strategic planning.   According to the latest Cargus survey conducted among 1,036 urban respondents, seven in ten Romanians are tracking desired…

Colorful foliage, tranquil surroundings, and plenty of nature to explore: from mountain towns to wine-country escapes, we’ve selected below several options for an autumn break. Buzău Land This area, located in the southeastern part of the country, in the Carpathian bend, has been a UNESCO Geopark since 2022. It’s a completely rural area that offers…

Beyond Business School, founded by serial entrepreneurs Andra Ghibuțiu and Grégoire Vigroux, today announced the launch of the 3rd edition of its executive program in Bucharest. Designed for ambitious professionals ready to accelerate their careers, the program combines internationally accredited courses, hands-on business training, and direct access to top industry leaders. Starting January 9, 2026,…