Category: Uncategorized

One United Properties (BVB: ONE), the leading green investor and developer of residential, mixed-use, and office real estate in Romania, has been named Superbrand in the Real Estate/Properties Development & Management category. The recognition follows a rigorous market analysis conducted by Ipsos, the official research partner of Superbrands in Romania. With this distinction, One United…

Romanian Maya Giotea amazed the Britain’s Got Talent jury with her performance of Beyoncé’s hit “Listen” from the movie Dreamgirls and received a Golden Buzz, being sent directly to the semifinals. After witnessing the performance by the 14-year-old, judge Bruno Tonioli hit the buzzer. Maya received a standing ovation, and the judge got on stage…

Dragoș Sprînceană, one of the special envoys recently appointed by the Romanian government to the Trump administration, claimed that French President Emmanuel Macron wants the war in Ukraine to continue and that the American administration should “ignore a bit Romania’s pro-Ukraine and pro-France messages,” since Romania currently has an interim president “who won’t matter in…

Open Streets – Bucharest, Urban Promenade, the weekend program that sees streets close for traffic and open for pedestrians to attend various events, returns with this year’s edition on April 12. The program, with events as varied as live concerts, street shows, dance, parades, workshops for children, guided tours, and areas for exercise and sports,…

The Romanian IT&C industry depends largely on outsourcing, and this economic model makes it vulnerable to geopolitical issues, according to Edward Creţescu, president of the Employers’ Association of the Software and Services Industry (ANIS), speaking at ANIS International Summit 2025, organized by Ziarul Financiar. “The IT&C industry is 75%-80% outsourcing, 10% – 15% product development,…

The European Bank for Reconstruction and Development (EBRD) has extended a regional loan of up to EUR 120 million to AFI Europe to support the developer’s expansion across Serbia, Poland, Romania, and the Czech Republic, the institution announced.  The financing will enable the company to grow its portfolio of sustainable residential and commercial real estate…

Polish convenience retail giant Żabka has accelerated its expansion in Romania, reaching 89 stores under the Froo brand by April 2025 and outlining plans to scale to as many as 4,000 locations nationwide, according to Economica.  The announcement came as part of Żabka Group’s annual results presentation, which confirmed its total European store count at…

The share capitalization of the Bucharest Stock Exchange dropped by RON 28 billion (EUR 5.6 billion) or 7.5% week-on-week to RON 345 billion (EUR 69.4 billion) on April 4, reaching the year’s lowest value on April 4, according to a market summary compiled by Agerpres. The main blue chips index BET dropped by 3.9% w/w…

Romania registered the European Union’s deepest current account deficit in the fourth quarter of 2024, with a negative balance of EUR 9.4 billion, marking an increase from the EUR 8.5 billion (8.9% of GDP) deficit recorded in the previous quarter, according to data published by Eurostat on April 4.  This placed Romania at the bottom…

Romanian analysts are unanimous in ruling out any rate cut at the National Bank of Romania (BNR) monetary board meeting on April 7. Still, they expect a 50-75 basis points (bp) cut by the end of the year depending on the future orientation of fiscal policy, the prospects for economic activity, as well as the…