Category: Uncategorized

A total of 10 passenger trains, out of the 48 running on the Bucharest North – Henri Coandă Airport route and return, will not operate during the period of October 14 –17 between 09:00 and 14:00 due to railway infrastructure works, according to a press release. As such, the following trains will not run during the…

Bucharest has become the first city in Romania to introduce a legal foster program for shelter dogs, after the General Council approved a proposal from the city’s Animal Supervision and Protection Authority (ASPA). Until now, Romanian law permitted shelter dogs to leave only through definitive adoption, the agency said. The program, called “Foster for Adoption,”…

Private equity firm Resource Partners has acquired majority stakes in iaBilet, Romania’s largest online ticketing platform, and concert promoter BestMusic, marking its strategic entry into the country’s digital ticketing and live entertainment sector. Founders Emil Ionescu and Razvan Manta (opening picture) retain minority stakes and executive roles, the company said. The investor bought 82.5% of…

Romanian president Nicușor Dan said on Tuesday, September 30, that Washington’s decision to suspend Romania’s entry into the US Visa Waiver Program was driven more by internal American debates over migration than by the political situation in Bucharest, Agerpres reported. The Romanian leader stressed that the move should be seen as a domestic policy signal…

President Nicuşor Dan declared on September 30 that he would like to see a single candidate of the ruling coalition for the capital’s mayor’s office, arguing that competition among multiple candidates is wrong, as it would “greatly undermine the coalition, which has already accumulated some tensions,” Economica.net reported. The Social Democrats (PSD) expect to win…

The business-to-customer (B2C) e-commerce in Romania is expected to reach 3.5% of GDP in 2025, respectively a volume of EUR 12.8 billion, ranking 9th in Europe and 3rd in Central and Eastern Europe, after Poland and the Czech Republic, according to the European E-Commerce Report 2025, as quoted by Ziarul Financiar. Out of the total,…

The shareholders of the Bucharest Stock Exchange (BVB: BVB) approved on September 29 the participation in the share capital of a newly planned stock exchange in the Republic of Moldova, the institution announced. BVB will contribute EUR 400,000 during the establishment phase of the project, with the option to take part in future capital increases…

Hidroelectrica (BVB: H2O), the largest electricity producer in Romania, has revised its revenue and expenditure budget for this year, envisaging a 15% smaller net profit due to the drought that forced it to increase the volumes of energy purchased from the market for its customers, Economica.net reported. Thus, compared to the initial budget planning, Hidroelectrica…

OMV Petrom (BVB: SNP), the largest integrated energy producer in Southeastern Europe, has completed the acquisition of a 50% stake in the Gabare photovoltaic project, developed by Enery in Bulgaria, the company announced. The project has an estimated capacity of 400 MW, with an annual electricity production of approximately 0.6 TWh, making it one of…

The number of building permits for residential units rose by 4.4% y/y to 24,821 in January-August, while the permits issued for non-residential projects over the same period of time cover a total surface area 21.9% larger compared to the area authorised for construction in the same period last year, according to data published by the…