Category: Uncategorized

Romania ranks among the European Union countries with the highest share of people living in severely inadequate housing, according to new data compiled by Monitorul Social, a project of the Friedrich-Ebert-Stiftung Romania, based on Eurostat figures for 2023–2024. The report showed that 9.6% of Romania’s population lives in conditions classified as “severe housing deprivation,” meaning…

Haier Tech Europe is selling its manufacturing plant near Ploiești, in Romania’s Prahova county, as part of a broader restructuring of its European production network. The company has appointed real estate consultancy Colliers as the exclusive consultant for the transaction. The decision follows Haier’s recent strategic review, which led to the discontinuation of operations at…

DAAS Epta Romania, part of the Epta Group, has opened a new training center in Ploiești dedicated to refrigeration technicians, following an investment of more than EUR 500,000. The facility, located at the company’s headquarters, is the first of its kind established by a private company in Romania’s refrigeration industry, the company said. The DAAS…

Romanian agricultural company Agroserv Măriuța, owner of the Lăptăria cu Caimac brand, announced the launch of a private placement for a new corporate bond issue with a value of up to EUR 3 million on Tuesday, October 28. Denominated in euros, the bonds will have a nominal value of EUR 100 each, a fixed annual…

Studium Green, a company from Cluj-Napoca specialized in real estate development, has completed the sale of several plots of land in Jilava, near Bucharest, to the Altex group and the furniture and home décor retailer mömax, part of the Austrian company XXXLutz. The total value of the transactions exceeds EUR 17 million. The lands will be…

Cluj-based deep-tech startup .lumen, known for its AI-powered glasses for the visually impaired, has joined the EUR 7.8 million program VR Health Champions as a flagship SME.   Through the VR Health Champions project, .lumen will co-develop its second-generation product, a smaller, more refined version designed for global markets, the company said. The collaboration will enable…

Greenvolt Next, part of the Greenvolt Group, said that it completed a new photovoltaic power plant integrated with a high-performance energy storage system for Abund Berry, a company in the wild berry processing industry, in Buftea, Ilfov county. The PV system, with an installed peak capacity of 512 kWp, is equipped with an advanced battery…

Five Romanians, four men and one woman, have been sentenced to prison for raping and sexually abusing ten women, whom they drugged and sexually exploited in the city of Dundee, Scotland. The five Romanian citizens received sentences ranging between eight and twenty years in prison. The group, led by 38-year-old Marian Cumpănășoiu, drugged and abused…

The Romanian government has amended its fiscal austerity rules to ease restrictions on spending by local authorities, Digi24 reported. The decision modifies Emergency Ordinance (OUG) 52/2025, which had previously frozen most local administration expenditures until the end of 2025. Under the new provisions, municipalities and communes are again allowed to fund public events, including local…

The Romanian software and IT services industry continued its growth trajectory in 2024, exceeding the EUR 17.7 billion turnover threshold, a nominal increase of over 13% y/y or EUR 2.1 billion compared to the previous year, according to data presented by Diana Şipoş, executive director of the Employers’ Association of the Software and Services Industry…