Category: Uncategorized
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Polish investors acquire more than ten Romanian companies in under two years
Polish strategic investors have completed more than ten acquisitions in Romania across diverse sectors – including tourism, wine, IT, and courier services – over the past two years, Ziarul Financiar reported on May 23. The transactions reflect growing Polish interest in the Romanian market and signal a shift beyond traditional sectors such as construction materials,…
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Romania’s newly elected president says VAT hike not a priority in fiscal reform talks
Romania’s president-elect Nicușor Dan stated on May 22 that increasing the value-added tax (VAT) rate is not a preferred option in the fiscal consolidation strategy currently being discussed with the caretaker government and political parties involved in forming the next executive, Economica.net reported. “I try not to take this into account,” Dan said in reference…
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Romanian software company Life is Hard invests EUR 250,000 in deep-tech startup
The Romanian software company Life is Hard, listed on the Bucharest Stock Exchange under the ticker LIH, announced a strategic investment of EUR 250,000 in RepsMate, a deep-tech startup, on Friday, May 23. RepsMate specializes in conversational AI and the intelligent automation of company-customer interactions. The investment reinforces the growth in LIH’s ENGINE division, which…
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Cluj-Napoca City Hall tests driverless bus
An autonomous, driverless bus was tested on Thursday, May 22, in Cluj-Napoca during the International Summit for Climate Neutrality, held under the slogan “Carbon OFF. Future ON,” to demonstrate the integration of modern technology into public transport. The bus performed a demonstration tour on a short route, starting from the Radisson hotel, crossing George Coșbuc…
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Romanian railway company CFR to directly connect Bucharest to Sofia, Istanbul over summer
Romania’s national railway company CFR Călători announced on Thursday, May 22, that it will provide a daily direct connection from Bucharest to Varna starting June 13, and to Sofia and Istanbul/Halkali starting June 14. According to the cited source, the train will run on the new route from June 13 to October 13, 2025, and…
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Romanian Bogdan Mureșanu’s first animated short to premiere at Annecy Film Festival
Romanian filmmaker Bogdan Mureșanu will premiere his first animated short film, Magicianul/The Magician, at the prestigious Annecy International Animation Film Festival, taking place in France from June 8 to 14. The film, written, directed, and produced by Mureșanu, is the only Romanian title selected in the official competition, which features 35 productions and co-productions from…
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Romania’s ports may be first target in case of Russian attack on NATO, US general warns
US general Ben Hodges, the former head of the United States Army in Europe, said on Thursday, May 22, that if Russia attacks NATO, it will first bomb Romania’s port of Constanța and civilian targets. Hodges spoke in an interview about the possibility of reducing American troops in Europe, and implicitly in Romania. He added…
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Romanian women’s handball team faces tough group in 2025 World Championship
Romania’s national women’s handball team faces an uphill battle against Denmark, Japan, and Croatia in the group stage at the 2025 World Championship. The teams were selected on Thursday, May 22, at the Noordbrabants Museum in ‘s-Hertogenbosch, Netherlands. Romania was part of the second seeding pot at the draw for the groups of the 27th edition…
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Stelian Bujduveanu named interim mayor of Bucharest after Nicușor Dan’s resignation
President-elect Nicușor Dan officially resigned on Friday, May 23, from his role as general mayor of Bucharest. Also, in the extraordinary session of the Bucharest General Council (CGMB), council members appointed deputy mayor Stelian Bujduveanu (Liberal, PNL) as interim mayor. Bujduveanu received 38 votes in favor, 8 against, and 6 annulled ballots, according to Euronews…
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Vastint Romania launches second phase of Timpuri Noi Square in Bucharest
Vastint Romania has officially launched the second phase of its flagship urban regeneration project, Timpuri Noi Square, in Bucharest. The new development will add over 60,000 square meters of gross leasable area (GLA), doubling the office and commercial capacity of the complex to a total of 112,000 sqm. The expansion includes two new Class A…