Category: Uncategorized
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Affinity network of residential centers for the elderly in Romania attracts equity fund BlackPeak Capital
Affinity Life Care, the largest private network of residential centers for the elderly in Romania, announced the attraction of a growth equity investment from BlackPeak Capital, a private equity fund active in Southeastern Europe. At the moment, Affinity operates three centers in the most important areas of the Romanian capital, with a capacity of over…
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State funerals for former president Ion Iliescu spark tensions within Romania’s ruling coalition
Tensions have emerged within Romania’s ruling coalition following disagreements over the state funerals of former president Ion Iliescu. The Social Democratic Party (PSD) announced on Wednesday, August 6, that it would suspend participation in coalition meetings, citing what it described as “public incitement to hatred” from the Save Romania Union (USR). The dispute centers on…
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Around 200 Romanian hotels join collective European lawsuit against Booking.com for alleged price fixing
Around 110 operators running over 200 hotels in Romania have registered in the collective lawsuit against tourism portal Booking.com to seek compensation for years of forced price fixing, Economedia.ro reported. In total, over 10,000 hotels across Europe are part of the case. The lawsuit comes after Booking allegedly forced hotels to apply the same prices…
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Romania’s controversial first democratic president Ion Iliescu dies without answering key questions
Romania’s first post-communist president, Ion Iliescu, died on August 5, 2025, at the age of 95. He leaves behind numerous unanswered questions regarding the 1989 Revolution and the June 1990 mineriad, as well as a political legacy inextricably linked to the Social Democratic Party (PSD). At the same time, Iliescu is credited with Romania’s membership…
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Boromir croissants, slowly leavened with natural sourdough: Original. Inspired by You
When you’re craving something out of the ordinary, Boromir’s collection of Slowly Leavened Croissants with Natural Sourdough is here to transform your snacking experience. We’ve turned your search for a unique, memorable flavor into a delightful range of croissants where every bite is a surprise. With their irresistible combination of textures and flavors, Boromir Croissants…
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Nadav Lapid’s ‘YES’ to be screened at Bucharest International Film Festival next month
The Bucharest International Film Festival (BIFF) has announced the Bucharest premiere of YES, one of the standout films selected in the Official Competition of the 2025 Cannes Film Festival. The screening will take place during the 21st edition of BIFF, scheduled for September 19–28, and will be attended by the film’s director, Nadav Lapid, and…
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Global Vision enters retail sector with EUR 10 mln investment in Oradea
Real estate investment and development company Global Vision has announced its first entry into the retail sector with a commercial project in Oradea, northwest Romania. The investment exceeds EUR 10 million and is part of the company’s broader EUR 150 million investment pipeline. The new retail development, named Oradea Retail Plaza, will be located in…
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Wizz Air adds second aircraft and expands operations in Sibiu
Low-cost carrier Wizz Air has added a second aircraft to its base at Sibiu International Airport and announced a significant expansion of its operations in the Romanian city. The airline, which has been present in Sibiu for more than a decade, is now offering over one million seats to and from Sibiu, representing a 48%…
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Romanian trade unions prepare for possible general strike over austerity measures
Romania’s main trade union confederations are preparing coordinated protest actions and considering a general strike in response to the government’s new fiscal and austerity measures, Economica.net reported. The decision was made during a meeting of union leaders evaluating the impact of recent policies. Representatives from CNSLR-Frăţia, CNS Cartel Alfa, CSDR, and CSN Meridian agreed to…
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Bolt, Uber assure their Romanian drivers are paying taxes and contributions legally
The Coalition for the Digital Economy, which brings together companies such as Uber, Glovo, Wolt, Bolt, Bringo, and Lime, in response to Ziarul Financiar‘s claims that the drivers of the ride-hailing operators are avoiding taxes and social security contributions, assured that this is not the case. Those working under the ride-hailing contracts are either registered…