Category: Uncategorized
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US entertainment giant Live Nation enters Romanian market with Emagic investment
Live Nation, the well-known promoter of live events in the United States with annual revenues of roughly USD 25 billion, is expanding in Romania with an investment in the show organizer Emagic Live. Live Nation acquired a 51% stake in Emagic, Profit.ro reported. Founded in 2005, the latter has contributed to shaping the live music…
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Gastronomic promoter Dacia Romanian Taste secures international distinctions for Buzău products
DACIA Romanian Taste, an integrated entrepreneurial structure founded by Ana Maria Mircea, obtained two international distinctions for products developed within its gastronomic ecosystem in 2025. The first product, the Babic de Buzău, received the Superior Taste Award (2 Stars) from the International Taste Institute Brussels, while Pitușca de Buzău was awarded the Gold Medal at the…
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US ambassador says partnership with Romania “has never been stronger”
Darryl Nirenberg, the new United States ambassador to Bucharest, presented his story from before his appointment in Romania in a video recording posted on Facebook. He said that the partnership between the two countries “has never been stronger and more important than it is now.” The diplomat expressed support for president Donald Trump’s “America First”…
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Bucharest’s Henri Coandă airport receives 12 bids for EUR 100 mln runway modernization project
The National Bucharest Airports Company (or CNAB) received 12 offers in a tender for the rehabilitation and modernization of runway 1 of the city’s main airport, Henri Coandă, according to Profit.ro. The project includes connections to taxiways, related installations, the arrangement of the runway safety area, and the implementation of the optimal rapid exit solution. …
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Olympus Foods invests EUR 7.5 mln in new production hall at Brașov dairy plant
Olympus Foods Romania said it is investing EUR 7.5 million in a new production and storage hall at its dairy factory in Brașov. The new facility will cover more than 7,000 square meters and is scheduled for completion in December 2026. The new hall will support both production and storage operations at the site, which…
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Around 300 leaders to meet at TILIA Romanian Cities Summit organized in Iași by IULIUS and EBRD
Around 300 leaders from administration, investment and financing, architecture, and civil society are set to gather in Iași for TILIA – Today’s Ideas and Leadership In Action – Summit of Romanian Cities next month. The event, organized by IULIUS in partnership with the European Bank for Reconstruction and Development (EBRD), will focus on key urban…
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Cinema revenues on the rise in Romania, hit EUR 63 million in 2025
Cinema revenues in Romania reached a record EUR 63 million in 2025, marking a 16% increase compared to the previous year (in US dollar terms), according to a report by Colliers. The growth reflects a broader shift in consumer behavior, with Romanians increasingly prioritizing affordable leisure activities amid economic pressures. The report showed that spending…
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Entertainment complex Nibiru to open in mid-July on Romania’s seaside
Romanian vlogger and entrepreneur Andrei Șelaru, better known as Selly, is launching the Nibiru project, an entertainment complex in the seaside resort of Costinești with a mall, amusement park, event hall, and nightclub, on July 16, 2026. Developed as an entertainment city, Nibiru will operate this summer with events, concerts, shows, and other activities scheduled…
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Romanian SocDem party expected to decide on its role in the ruling coalition on April 20
The leaders of the Social Democratic Party (PSD), the largest in the country’s ruling coalition, decided in a meeting of the National Permanent Bureau on March 23 that the party will decide on whether to remain in the ruling coalition, as well as its sentiments towards prime minister Ilie Bolojan and the reformist ruling partner…
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Romania reportedly weighs full takeover of Damen Mangalia shipyard for military production
The Romanian government is preparing a potential full takeover of the Damen Mangalia shipyard (where it already holds 51%), with plans to convert it into a military production facility financed through the EU’s SAFE mechanism and potentially involving German defence group Rheinmetall, according to Bursa.ro. Damen Mangalia was previously managed by Damen group (49%), which…