Category: Uncategorized
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NBI: Nusco City, One of the Strongest Vehicles in Romania’s Residential Transactions
The Nusco City project offers one of the most balanced investment profiles in Romania’s real estate market, combining steady rental income with strong capital appreciation potential. Average annual rental yields are estimated at 7–8%, supported by consistent demand from multinational employees and the international community. At the same time, property value growth remains a strategic…
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EVERGENT Investments announces a record net result of 378 million lei and convenes the ordinary and extraordinary general meetings
The Board of Directors of EVERGENT Investments, an investment company whose shares are listed under the symbol EVER, convenes the General Meetings of Shareholders for April 29/30, 2026. The most important items on the agenda submitted to shareholders for approval are: The individual and consolidated financial statements for the financial year ended December 31, 2025,…
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Romanian logistics company Eltra Logis expands to Bulgaria with new EUR 0.5 mln hub
Eltra Logis, a major player in Romania in the niche logistics, transport, and storage industry, announced the expansion into the Bulgarian market and the opening of a new operational office in Sofia, with an investment of EUR 500,000. The expansion is part of the company’s strategy to evolve towards a multinational model and comes to…
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Romania’s leading Banca Transilvania announces dividends, free shares in 2026
The largest bank in Romania, Banca Transilvania (BVB: TLV), announced cash distributions and free share allocations in 2026, but also a buyback program that is in preparation. The bank’s Board of Directors convened the Ordinary General Meeting of Shareholders for April 28-29. On the agenda is a proposal to allocate RON 4.09 billion (EUR 802.6…
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Romania to reallocate EUR 2.8 billion in EU funds as part of Cohesion Policy revision
Romania is set to reallocate over EUR 2.8 billion from European funds to four of the EU’s new priorities, as part of the revision of the Cohesion Policy for the 2021–2027 period, according to European Commission Vice-President Roxana Mînzatu. According to the official, an important part of this reallocation of funds, namely approximately EUR 456…
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JTI to invest EUR 300 million in new ‘green’ factory in Romania
Tobacco company JTI announced a EUR 300 million investment to build a new factory in Ștefăneștii de Jos, Ilfov County, as part of its long-term expansion strategy in Romania. The facility is expected to become a key industrial hub for the company in Europe. The new plant, scheduled for completion in 2027, will cover nearly…
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Romanian online retailer eMAG launches AI conversational shopping agent iZi
The online retailer eMAG has launched iZi, the first conversational shopping agent developed in Romania. The new AI tool helps users find products and other relevant recommendations based on the preferences and needs expressed in the conversation. The AI-based agent analyzes the user’s intent, compares options, and generates reasoned recommendations, using both the eMAG platform’s…
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Romania’s Environmental Guard targets Bucharest City Hall with inspection due to air pollution
The Romanian Environmental Guard announced a new inspection at the Bucharest City Hall on Wednesday, March 25, to verify the measures taken to reduce air pollution, given high PM2.5 and PM10 indicator values frequently recorded. Specialists believe that one of the potential causes of pollution is the anti-skid material used during the winter on roads,…
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The Wedding Atelier: where love stories begin at JW Marriott Bucharest Grand Hotel
The magic of a wedding begins long before the day itself. On February 28, JW Marriott Bucharest Grand Hotel welcomed future couples to The Wedding Atelier, an exclusive concept designed to transform wedding planning into a refined and deeply personal experience. Guided by the theme The Beginning of Forever, the event invited guests to step…
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Art Safari launches new 4,500 sqm museum space in central Bucharest
Art Safari has opened a new museum space in central Bucharest, launching an exhibition season featuring Romanian artists and cultural figures. The venue, located in the Amzei area, spans around 4,500 sqm and will host exhibitions between March 26 and July 19. The new space brings together multiple exhibition pavilions, showcasing works by artists including…