Category: Uncategorized

Several hundred flamingos have stopped near the Romanian coast on their migration route to warmer shores. Specifically, they rested on Lake Nuntași, north of Constanta.  According to Birds of the World, flamingos migrate year-round in Africa, Asia, and Southern Europe, but are still a rare sight in Romania. Since 2021, however, the unmistakable pink birds…

HiSky will launch direct flights between Bucharest and Chicago in June 2026, expanding its transatlantic network two years after introducing its New York route. The service resumes a direct link suspended 24 years ago, the company said. The new route will be operated twice weekly, on Thursdays and Sundays, with the first flight scheduled for…

EVERGENT Investments Group reached a record level of RON 3.72 billion (EUR 744 mln) in assets under management as of June 30, 2025, up 7% compared to December 31, 2024. The financial performance achieved confirms the resilience of the business model amid heightened domestic uncertainties. The Group’s performance indicator, the net result of RON 195.5…

Visual Fan, initially known for the low-cost phones assembled in China, later expanding in various tech markets including consumer electronics, EV imports and PV panel installation, announced the launch on the Romanian market of a new brand of washing machines powered by artificial intelligence. “Our vision is to transform Allview into a brand that offers…

Tanczos Barna, deputy prime minister of Romania and former minister of finance, announced that the government will soon come up with tax credit solutions for entrepreneurs who invest in research and development and, moreover, is considering granting facilities to all those who come with new investments, especially in the area of ​​technology and industrial production. …

Finance minister Alexandru Nazare said on September 16 that Romania will end 2025 with a fiscal deficit that will exceed 8% of GDP, but assured that the new target is currently being negotiated and discussed with the European Commission.  The EC is expected to review Romania’s budgetary conduct under the Excessive Deficit Procedure on October…

Romania’s prosecutor general Alex Florența said Tuesday, September 16, that the case against former presidential candidate Călin Georgescu and alleged paramilitary leader Horațiu Potra represents “the most serious case monitored in the last 35 years,” Hotnews.ro reported. He also warned once again that Romania has been under sustained hybrid warfare aimed at destabilizing society and…

OMV Petrom, the second largest company listed on the Bucharest Stock Exchange, announced on September 16 that the Board of Directors proposes to shareholders the distribution of a special dividend in a gross value of RON 0.0200 per share, equivalent to approximately RON 1.246 billion (EUR 250 million). The company’s market capitalisation reached RON 53…

Romanian telecommunications group Digi Communications said on September 16 that it does not intend to cede control of any of its subsidiaries, including Digi Spain, amid reports that it is preparing the Spanish unit for a stock market debut in 2026, Profit.ro reported. “Digi Group continuously evaluates strategic options for developing its activities in various…

However, prices and lack of information discourage Romanians from making such purchases. More than half of Romanians (52%) say they adopt sustainable behavior in their daily lives and 53% frequently buy sustainable products, according to a study conducted by the BUCHAREST CENTER FOR ECONOMY & SOCIETY (CES Bucharest). The most sought-after sustainable products are food,…