Category: Uncategorized

Meta Estate Trust (MET), a holding company operating in the real estate sector, has invested approximately EUR 2 million in a new retail park currently under development in Ciolpani, a commune located on the Bucharest–Ploiești corridor (DN1), it said. The project is scheduled to be completed and handed over to tenants this year, with an…

The German company DEHN, a manufacturer of electrical engineering solutions for critical infrastructure, including lightning and surge protection, as well as safety equipment, will open a production site in Piteşti, southern Romania. The facility, the company’s first in the country, will expand its capacities to serve customers in Europe. It fits seamlessly into the company’s…

Cluj-based real estate developer Urbano Group announced plans for a new retail park in a project valued at EUR 100 million. The company says it will be the largest retail park in Transylvania. Until now, the developer has obtained the necessary building permits to begin work on Phase 1 of the park, which was named…

SIGNAL IDUNA ASIGURARE REASIGURARE announces that final approval has been received from the Financial Supervisory Authority (ASF) for the acquisition of the majority stake in Garanta Asigurări, owned by The Ethniki, Hellenic General Insurance Company, the leading composite insurer in Greece. This transaction marks a key milestone for SIGNAL IDUNA, as the company continues its…

Bitdefender, a global cybersecurity solutions provider founded by Romanian entrepreneurs Măriuca and Florin Talpeş, has agreed to acquire Mesh Security Limited (Mesh), a provider of advanced email security solutions founded in Ireland.  Through the acquisition, Mesh’s email security technology and capabilities will be integrated into Bitdefender’s extended detection and response (XDR) platform and managed detection and response (MDR) services.…

Several hundred people, mostly women, gathered on Wednesday, June 18, in Bucharest’s Victory Square to voice their anger against the killing of women in Romania and demand reforms. Since the beginning of the year, 26 women have been killed.  People brought signs displaying messages such as: “Safety for all women,” “Why is it always my fault?”…

Investment executive Nikolaus Bethlen has been driving a family effort to restore rundown, historic properties in and around the village of Criș, in Mureş county, and repurpose them as part of Bethlen Estates Transylvania, a tranquil retreat where the preservation of the area’s heritage takes center stage. The Bethlen family, with a long line of…

Approximately 30 parliamentarians, members of far-right politician Diana Sosoaca’s party SOS Romania, the equally far-right Young People’s Party, or POT, and unaffiliated members decided on Wednesday, June 18, to form a new sovereignist bloc “Romania First Alliance.”  The new bloc is guided by “European values,” according to its representatives, despite the fact that their parties,…

Darryl Nirenberg, a veteran US lobbyist and diplomat, was officially nominated by president Donald Trump for the position of ambassador to Romania on Wednesday, June 18. American President Donald Trump declared back in May that Darryl Nirenberg would be the new US ambassador to Bucharest, saying that he has 40 years of experience and will…

Brand Management, a Romanian company with over two decades of expertise in offline advertising, announces the official launch of Generatik. This revolutionary digital platform fundamentally transforms how promotional campaigns are carried out in physical spaces. For the first time in Romania, an offline campaign can be planned in 20 minutes instead of 20 days. The…