Category: Uncategorized

Retail Park Ciolpani, a commercial development located on the DN1 road between Bucharest and Ploiești, has become fully operational following an investment of roughly EUR 2 million by Meta Estate Trust (stock symbol MET), the company announced on Friday, December 19. The park officially opened on December 17, marking the first retail asset in Meta…

Banca Comercială Română (BCR) has launched a new savings feature within its George digital banking app that allows users to automatically save money based on their physical activity. The new functionality, called “Move & Save,” links financial behavior with fitness data collected via Apple Watch or the Apple Fitness app on iPhone. According to the…

The Romanian government approved a draft law on Thursday, December 18, creating the legal framework for the repayment of a USD 6.8 million debt to the United States executive. The sum will cover a loan contracted in 1992 for 30 years for the import of cotton for the textile industry. The imports were carried out…

Canadian sportswear brand lululemon announced on Thursday, December 18, that Romania will be one of six countries where it plans to open stores next year, expanding its international footprint through franchise partnerships. The company plans to launch in Greece, Austria, Poland, Hungary, and Romania in 2026 with partner Arion Retail Group, in addition to its…

The shareholders of EVERGENT Investments (BVB: EVER) unanimously approved the proposal of the Board of Directors regarding the distribution of dividends from the reserves constituted from the net profit of previous years. The approved gross dividend is RON 0.135 per share. The dividend fund is estimated at RON 113 million. This amount will depend on…

Auto giant Ford is recalling 589 vehicles of the Puma and Transit Courier model series manufactured between January and September 2025 due to missing screws on the rear brake drums or screws not tightened to the required torque. The models are made at the factory in Romania. The missing or untightened screws may result in…

The year 2025 marked a period of post-shock recovery for Romania and its political system. Long dominated by the Social Democratic Party (PSD) and center-right parties gravitating around the National Liberal Party (PNL), the established political balance was broken by the unexpected rise of the far-right. After the cancelled 2024 presidential elections and despite rising…

Trinitas Film, promoted as the world’s first streaming platform featuring Orthodox Christian content, was launched on Thursday, December 18, at the Patriarchal Palace in Bucharest. The platform is operated by the television channel of the Romanian Patriarchate and provides on-demand and live access to audiovisual productions with religious, cultural, and educational themes. Trinitas Film is…

Bucharest’s newly elected general mayor Ciprian Ciucu (Liberal, PNL), a close collaborator of prime minister Ilie Bolojan, was elected by the party’s leading body to supervise the activity of PNL in Bucharest, as well as the seven Liberal members of the Bucharest City Council – a move seen as consolidating the prime minister’s position in…

Romania’s energy market watchdog ANRE has once more fined Black Sea Oil and Gas (BSOG) and its partners in the Black Sea offshore perimeter Midia, which three years ago began extracting the first new gas from the Black Sea. The fine, equal to 3% of the companies’ 2024 turnover, was issued for failing to sell…