Category: Uncategorized
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Bosch reportedly abandons plans for household appliance factory in Romania
BSH Hausgeräte, a group including the Bosch and Siemens brands, will reportedly sell the 44-ha plot of land purchased in Romania at Simeria, close to the border with Hungary, in 2018 when the group was pondering the idea of a EUR 110 million household appliance factory. Bosch will put up for sale the 44-hectare land in…
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Romania’s acting president Bolojan meets foreign investors amid political uncertainty
Romania’s acting president, Ilie Bolojan, met representatives of the Foreign Investors Council (FIC) and bilateral chambers of commerce to discuss “attracting and continuously developing investments in the national economy, as well as on reducing local bureaucracy.” In the meantime, Bosch announced it gives up the planned EUR 110 million household appliance factory in western Romania,…
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Romanian Air Force conducting low-altitude F-16 training flights until March 10
The Romanian Air Force announced low-altitude and supersonic training flights across the country until March 10, using F-16 Fighting Falcon jets. These exercises, which improve the pilots’ reaction capabilities, may generate loud noises. According to the Romanian Air Force, all necessary safety measures are in place to minimize the impact on civilians. “Romanian Air Force…
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Romania’s acting president, NATO chief discuss regional security and defense in phone call
Interim president Ilie Bolojan held a phone conversation on Monday, March 3, with NATO Secretary General Mark Rutte, reaffirming Romania’s commitment to the Alliance and regional security. In his turn, Rutte thanked Romania for its role in the Alliance and reiterated NATO’s and the United States’ commitment to collective defense and Article 5. During the…
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Romania opens honorary consulate in Pakistan’s Peshawar region
The Romanian Embassy in Pakistan has opened an honorary consulate in Peshawar, covering the Khyber Pakhtunkhwa region. The country is a major source of workers, essential in filling Romania’s labor shortage. Dan Stoenescu, Romania’s Ambassador to Pakistan, inaugurated the Honorary Consulate in a special ceremony attended by government officials, business leaders, and members of the…
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Report: Scale of child trafficking cases in Romania underreported, sexual exploitation most common
A new report from the Romanian branch of NGO Justice and Care shows that the scale of the child trafficking phenomenon is underestimated by the authorities and that sexual exploitation, particularly of girls, remains the primary form of trafficking. The study, based on field research and interviews with specialists from three counties, namely Dolj, Bacău,…
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100 specialists to work non-stop at new subway tunnel to Bucharest’s Otopeni Airport
Around 100 specialists will work around the clock, in three shifts, at the 1 Mai – Băneasa subway tunnel section, part of the line extending to Otopeni Airport, according to secretary-general of the Ministry of Transport, Mariana Ioniță. The first TBM machine, which will begin drilling the tunnel, is set to arrive on Monday, March…
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Tomcat from Romania crowned Europe’s most beautiful in 2025
Nexus, an 8-month silver British shorthair with blue eyes, was crowned Europe’s most beautiful tomcat at the European Feline Championship 2025, an event held in Warsaw, Poland. The tomcat, by his full name Nexus of Winter Foxes, is owned by Oana Pintilii and Alexandru Paraschiv, breeders who have dedicated seven years to this passion. Nexus’s…
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EVERGENT Investments reports a net result of RON 263.66 mln in 2024, up 29% compared to 2023, and a total EVER share return of 22.94%, significantly exceeding BET-TR’s 16.15%
EVERGENT Investments, an investment company listed under the ticker EVER, reports a net result of RON 263.66 million for the year 2024, representing a 29% year-over-year increase, surpassing the budgeted level by 175%. The net result is the company’s main performance indicator and consists of net profit and net gains from the sale of financial…
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Romanian courier company Sameday acquires 24.9% stake held by eMAG in Zitec
Sameday, one of the key players in the courier industry, acquired the 24.9% stake held by eMAG in local IT firm Zitec, entering the company’s shareholding structure. The transaction is subject to regulatory approval. “Changes in the logistics and courier sectors require rapid adaptations and technological solutions to address the challenges. The growing demand for…