Category: Uncategorized

Constanța’s historic Casino will reopen to the public between May 21 and 25 as part of the Constanța Days events. The building, which has undergone extensive restoration in recent years, will be accessible to visitors for the first time since the start of renovation works. Constanța City Hall announced a special program for the occasion,…

Real estate investor-developer Hagag Development Europe said it is entering the hospitality market in Romania with its first hotel project in Bucharest, developed in partnership with Radisson Hotel Group. The future hotel, Radisson RED Bucharest Old Town, will be the first Radisson RED in the country. The project involves a EUR 13 million investment and…

The prosecutors investigating the theft of the Dacian gold treasure from the Drents museum in Assen, Netherlands, believe that the items were not melted down but hidden by the arrestees.  The Dutch Public Prosecutor’s Office believes that the main suspects failed to sell the treasures on the black market and are keeping them hidden. If…

NAGA, the Frankfurt Stock Exchange-listed fintech active in over 100 countries, launches NAGA Earn, a new service aimed at investors looking to earn a return on idle cash sitting in trading accounts. With NAGA Earn, users receive a benefit similar to interest, applied directly to the available cash balance of their euro trading accounts, with…

The head of INSCOP polling form, sociologist Remus Ștefureac, said the gap between the two candidates in the second round of the presidential election in Romania, isolationist candidate George Simion and his challenger, pro-EU Bucharest mayor Nicusor Dan, has narrowed to 4.4 percentage points. It will be a close race, Ștefureac wrote in a Facebook…

Yeşilyurt Enerji, a Turkish energy producer, supplier, and trader, is acquiring a 41 MW solar project in Romania, Dâmbovița County, according to Economedia.ro, quoting a press release sent by the consulting company Dentons. The project is in the “ready-to-build” phase, meaning it is ready for construction and has all the necessary permits to start work.…

Alive Capital, a Romanian company that provides integrated management services to renewable energy producers since 2013, has developed a 23 MW PV park with financial support from the National Recovery and Resilience Plan (PNRR), according to Economedia.ro. The “Da Vinci New Project” photovoltaic park in Nanov, Teleorman County, includes an electricity storage component, currently in…

Independent presidential candidate Nicușor Dan, the current mayor of Bucharest, has stated that Romania’s fiscal consolidation must focus primarily on reducing public expenditure rather than increasing the tax burden, though he did not rule out future tax hikes if necessary.  His remarks came during an economic debate broadcast on RomaniaTV, where the country’s growing budget…

A tax adjustment or even a hike appears increasingly unavoidable in Romania, according to Dragoș Anastasiu, advisor to acting president Ilie Bolojan. His remarks, made during a public discussion on the country’s fiscal outlook, come as Romania grapples with a public deficit that exceeded 9% of GDP in 2024, and the government has delayed fiscal…

Polish modern convenience retailer Żabka Group issued a PLN 1 billion (EUR 236 million) local currency sustainability-linked bond to finance its operating costs and capital expenditures in Poland and Romania, the European Bank for Reconstruction and Development (EBRD) announced. The EBRD is a shareholder of Żabka and has purchased PLN 140 million (EUR 34 million)…