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Romania’s Chamber of Deputies has officially designated 2026 as “The Year of Nadia Comăneci,” approving the bill on Wednesday, June 11, with 307 votes in favor, News.ro reported. As the lower Parliament house serves as the final decision-making authority, the legislation now advances to the president for promulgation before officially coming into force.  Under the…

Tarom, Romania’s embattled national carrier, announced on Tuesday, June 10, that it has finalized the sale for the 50% stake in the company Romanian Fueling Services S.R.L. The buyer is Air British Petroleum, a division within the global energy giant BP. The sale is part of Tarom’s Restructuring Plan, which will end in 2026. Following…

Another portion of the A1 Sibiu – Pitești highway, stretching from Curtea de Argeș to Pitești, opens for traffic on Wednesday, June 11, three months earlier than the contractual deadline, according to the Romanian Transport Ministry. The A1 Sibiu – Pitești Motorway is 122.11 kilometers long and is divided into five sections. In the end,…

Romania’s Investment and European Projects Ministry reported in a recent press release that it had received the EUR 1.3 billion payment from the European Commission for the targets and milestones reached in the National Recovery and Resilience Plan, or PNRR. Nevertheless, it is not the full amount included in the third payment, as EUR 869 million are temporarily…

Leading retail park owner M Core has invested more than EUR 150 million in the Romanian market over the past six months, significantly expanding its presence through a series of acquisitions and new developments.  The company acquired Focșani Shopping Centre from KBC, Suceava Shopping City, and seven fully leased retail parks previously owned by MAS.…

The 10th edition of Rocanotherworld will take place from June 19 to 22 in Iași, at Bârnova, on the grounds of Gramma Wines. This year’s festival brings an expanded program that includes live concerts, DJ sets, recreational and educational activities, silent disco, workshops for children, and panel discussions on social and cultural topics. The final…

Since 2007, Romania has attracted more than EUR 900 million in non-reimbursable funding through the EEA and Norway Grants, provided by Norway, Iceland, and Liechtenstein. The funds have supported efforts to reduce economic and social disparities while strengthening bilateral relations.  The most recent programming period alone brought in approximately EUR 500 million, backing hundreds of…

Kinan Sarieddine, general manager of the new Bucharest Unirii Square – Handwritten Collection hotel, sat down with Romania Insider to talk about the local hospitality industry, the realities of running a major hotel, and plans for the future. Romania’s hospitality industry was among the hardest hit by the sharp decrease in tourism and traveling over…

European construction group STRABAG announced the inauguration of the largest bitumen emulsion production facility in Romania on Wednesday, June 11. The new plant, located in Crișeni, Sălaj County, was established through a direct investment of approximately EUR 2.2 million. Operated by SAT Reabilitare Reciclare, a subsidiary of the construction group, the factory has a production…

Lion’s Head Investments has secured the construction permit for its first logistics park in Romania, set to rise in Popești-Leordeni, near Bucharest. The EUR 65 million project will include three warehouse buildings spread over 85,000 square meters of built-up area, on a 155,000 sqm plot acquired last year.  Construction is expected to begin in the…