Category: Uncategorized

The first immersive exhibition in Romania dedicated to Leonardo da Vinci is set to debut at MINA Cluj on March 15, following its successful launch in Bucharest. Hosted in Europe’s largest immersive space, inaugurated last fall, Da Vinci, The Immersive Show offers a captivating journey into the world of the Renaissance genius. Created by MINA…

The American group Ingredion, the world’s largest corn processor, producer of starch, glucose, syrups, dextrose, and other food additives, has signed an agreement with the Austrian company Agrana, the largest sugar producer in Romania, to produce starch in Țăndărei (Ialomița County). “We want to boost our growth in Europe by entering into a partnership, and…

Romania’s minister of energy, Sebastian Burduja, is paying a visit to Brussels accompanied by the head of energy group CE Oltenia (CEO) to discuss amendments to the national implementation of the Resilience Facility (PNRR) and a prolonged phasing-off calendar for the coal-fired power plant operated by CEO. “Coal was the resource that saved us in…

Integrated steel mill Liberty Galati in Romania (formerly Sidex), with a liquid steel capacity of 3 million tonnes, part of steel group Liberty, announced on March 4 that it entered the pre-insolvency procedure “to stabilise the business, optimizing the allocation of resources and opening up new investment opportunities.” The measure is taken in the context…

Lavinia Anghel, Attorney at Law at Grecu Partners Business Law Firm, highlights the new reporting obligations in Romania for companies with over 50 employees. Starting in 2025, employers with more than 50 employees must fulfill a new legal requirement for annual reporting. This measure aims to increase transparency regarding working conditions and ensure compliance with…

Russia’s Foreign Intelligence Service (SVR) said on Tuesday, March 4, that Brussels is waging war on those European leaders who openly support US president Donald Trump, including Romanian far-right politician Calin Georgescu, according to G4media.ro. Citing “information available to the Russian Foreign Intelligence Services,” SVR claims that “the president of the European Commission, Ursula von…

Romania’s FMCG distribution group Aquila (BVB: AQ), one of the largest players in the region, announced it completed the acquisition of Kitax – one of the top five distribution companies in its field, with nationwide coverage in Hungary. The sellers were the group’s founders, Ida Ozsvald and Ștefan Ozsvald. The Kitax takeover, sealed in December…

Austrian group Kronospan, already active on the Romanian market, announced it is taking over the ZF Timber Sebes wood processing factory in Sebes (central Romania) from the insolvent German group Ziegler Holding. With this new acquisition, the company expands its product portfolio, now including lumber.  The products made at the Sebes factory will continue to…

Swiss MET Group announced it is developing a new PV park with a capacity of 80MWp in Dâmbovița county. This is the group’s fourth PV project in Romania and brings its portfolio to a combined capacity of 260MWp. Three of the four renewable projects in Romania have already reached ready-to-build status. The four parks will…

Danish group Eurowind, through project company EWE Eolian, has submitted an application to Transelectrica for the connection of a 1,200 MW wind farm to be built in Botoșani county (north-eastern Romania), according to Economica.net. The wind farm would be the largest such installation in Europe’s onshore at this time.  The Botoșani Wind Power Plant (WPP)…