Category: Uncategorized

Sphera Franchise Group, the largest food service operator in Romania, opened the first KFC restaurant in Bălți, marking the brand’s fourth unit in the Republic of Moldova. The new location required an investment of roughly EUR 650,000 and spans around 170 sqm. The restaurant is located in the food court of the EviMall shopping center.…

Europa Royale Bucharest hotel, located in the city’s Old Town, will temporarily close its doors beginning March 31 for renovation works and rebranding, Lithuanian operator Apex Alliance Hotel Management announced.  The works will allow the property to upgrade its facilities and services, the company said, while the reopening date will be announced as the project…

In the spirit of one of spring’s most important celebrations, Radisson Blu Hotel, Bucharest invites guests to celebrate Easter through a refined gastronomic experience, set in an elegant and welcoming atmosphere. On Sunday, April 12, 2026, between 12:30 and 16:30, the hotel hosts its traditional Easter Brunch, an event dedicated to the joy of togetherness,…

Romania has been classified as a “stagnator” in a new European rule of law report, indicating no meaningful progress in addressing long-standing issues, according to findings by the Civil Liberties Union for Europe (Liberties). The country is among ten EU member states where rule of law conditions remain largely unchanged, Digi24 reported. The Liberties Rule…

Romania’s telecom regulator ANCOM has secured a court ruling suspending government-backed staff reduction measures, in a dispute that raises concerns over institutional independence. The Bucharest Court of Appeal upheld objections filed by the regulator, with a final ruling expected from the High Court of Cassation and Justice, Hotnews.ro reported. In its reasoning, the court said…

Romania’s High Court (ICCJ) is preparing to sue the government after the executive cut its budget, which is supposed to finance, among others, the deferred payment of the retroactive wage hikes won by magistrates in court, G4media.ro announced. This month, the government cut the budget of ICCJ to accommodate a RON 1.1 billion “solidarity package”…

Romania’s state-controlled Oil Terminal (BVB: OIL) announced that it has initiated the procurement procedure for the contractor of the bitumen terminal to be built for its Swiss partner Euronova, which is financing the project and will hold exclusive exploitation rights for a period of 10 years. The service contract will guarantee an annual operation of…

UniCredit Bank Romania has listed a RON 600 million (EUR 118 million) corporate bond issue on the Bucharest Stock Exchange, marking its sixth such placement on the local market, the bourse said. The bonds began trading on March 27 under the ticker symbol UCB31. Remus Vulpescu, Chief Executive Officer of the Bucharest Stock Exchange, said…

The state-controlled company Hidroelectrica (BVB: H2O), the largest energy producer in Romania, has convened the ordinary general meeting of shareholders on April 28, when they will vote on the distribution of its entire 2025, RON 3.3 billion (EUR 673 million), as dividends, according to the report published on the Bucharest Stock Exchange BVB. The dividend…

Austria’s Raiffeisen Bank confirmed on March 28 that it would buy Garanti BBVA’s ​Romanian business for EUR 591 million, its ‌first significant acquisition in recent years, according to Reuters. The takeover will bring Raiffeisen to fourth place in Romania by assets, after Banca Transilvania, BCR, and UniCredit – from its sixth place before the takeover, by…