Category: Uncategorized

German aerospace and defence supplier Diehl Aviation has partnered with Romanian real estate developer Global Vision to construct a new production facility in Almaj, Dolj County, north of Craiova, Profit.ro reported. The factory is expected to create over 500 jobs and strengthen Romania’s position in the European defence and aeronautics industry. The new facility will…

Romania’s state-owned enterprises (SOEs) generated revenues of RON 127 billion (EUR 26 billion, no reference year indicated), but continue to receive state subsidies larger than their aggregated profits, deputy prime minister Dragoș Anastasiu said during a press conference on July 22. The figures were released as part of the government’s broader reform plan to overhaul…

Romania’s deputy prime minister Dragoș Anastasiu presented detailed provisions of the government’s forthcoming corporate governance reform for state-owned enterprises (SOEs) in a statement on July 22, outlining measures aimed at restructuring management boards, capping remuneration, and improving accountability. Anastasiu confirmed that the reforms will apply to both company executives and non-executive board members, and are…

Romanian prime minister Ilie Bolojan and deputy PM Dragos Anastatsiu, as head of the working group, announced in a press conference on July 22 the plans for streamlining the corporate governance in state owned enterprises (SOE) – one of the two packages of reforms (besides the local administration reforms) expected to be delivered in an…

Romania launched a major tourism promotion campaign in Doha, the capital of Qatar, this week. Organized by the Ministry of Economy, Digitalization, Entrepreneurship and Tourism (MEDAT), the campaign runs from July 21 to 27 and showcases Romania on some of the most visible digital billboards in the city. The initiative features promotional video clips about…

Romanian president Nicușor Dan has raised alarm over the growing nostalgia for communism revealed in a recent national survey. The study, conducted by INSCOP in collaboration with the Institute for the Investigation of Communist Crimes (IICMER), found that a majority of Romanians now view former dictator Nicolae Ceaușescu as a good leader. According to the…

Things that are hot today in the social media world are over tomorrow. Jumping on a trend at the opportune time can blow you up. You don’t even require a whole production team to get on board. All you need is a good tool. It is here that the CapCut App comes in. This multi-purpose…

JUNE agency becomes the communication partner for Generatik, the digital platform for planning mall advertising campaigns, launched by Brand Management. The partnership between the two teams is not only about visibility, but also about the responsibility of bringing to the forefront a product that redefines the way brands plan their presence in shopping malls. Together,…

Cargus has announced an investment of over EUR 500,000 in a new logistics hub in Drobeta-Turnu Severin, marking a significant expansion of its operations in southwestern Romania. The courier company, one of the leading players in the local market, is relocating to a newly built facility that doubles the size of its previous hub in…

Milk Teeth (Dinți de lapte), the second fiction feature written and directed by Romanian filmmaker Mihai Mincan, will have its world premiere in the competitive Orizzonti section of the 82nd Venice International Film Festival, taking place between August 27 and September 6. The official selection was announced Tuesday, July 22, during the festival’s press conference.…