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Romania’s Competition Council announced on January 9 that it found that the country’s three major cement producers, Holcim Romania, Romcim, and Heidelberg Materials, were responsible for price collusion and decided fines in a total amount of RON 217 million (nearly EUR 44 million). Holcim, which has to pay the largest part of the total fine…

International rating agency S&P announced it would carry out its first review of Romania’s rating on January 24 and another two times later this year in April and October, according to Profit.ro. The review calendar includes a supplementary assessment on the first of the month, compared to the typical bi-annual calendar, according to Profit.ro –…

The Romanian owner of the major local dairy Simultan, Florin Herbai, is in talks about selling the company to a foreign investor, according to Economica.net. “We have been discussing selling [the company] for about eight months. I received an offer, and I am ready to sell it for the right price,” said Herbai, who, together…

The National Cathedral will be consecrated on October 26, 2025, in a ceremony led by Ecumenical Patriarch Bartholomew I of Constantinople and Patriarch Daniel of the Romanian Orthodox Church. According to Basilica.ro, the event will commemorate the centenary of the Romanian Patriarchate, marking 140 years since the Romanian Orthodox Church gained autocephaly and 100 years…

More than a dozen individuals, among which bar administrators, bartenders, waiters, and hostesses, have been brought to trial by prosecutors on charges of intoxicating foreign tourists who visited two establishments in the Bucharest Old Town, after which they robbed them or emptied their bank accounts. In total, 16 individuals and two companies have been charged…

Romanian Major General Florin Barbu is set to take command of the EU’s EUFOR ALTHEA mission in Bosnia and Herzegovina (BiH). As a result, Romania will hold the command of two of the nine military operations and missions conducted under the Common Security and Defence Policy to which it contributes personnel. Aside from holding command…

The National Chamber Choir “Madrigal – Marin Constantin” will mark Romania’s National Culture Day with an extraordinary concert titled MADRIGAL – DESPRE CULTURĂ on Tuesday, January 14, in the Aula Magna of the Patriarchate Palace in Bucharest. Under the baton of conductor Anna Ungureanu, the event will celebrate the richness of Romanian cultural heritage, spanning…

The top players in tennis will participate in Transylvania Open WTA 250, a tournament that will take place between February 1 and 9, 2025, at BT Arena in Cluj-Napoca, Romania. The list begins with Anastasia Potapova, ranked 35th in the WTA rankings. In 2023, she claimed her second WTA title by winning the Linz tournament,…

Romania has remained one of the most affordable property markets in Central and Eastern Europe (CEE), with housing prices growing slower than income levels. This trend is in contrast to neighboring countries like Poland, the Czech Republic, and Hungary, which saw significant increases in both property prices and rents, according to Colliers’ latest analysis. In…

Mihai Spulber (picture, right), currently SVP operations and supply chain at Mega Image, will assume the role of brand president at Profi effective July 1, 2025, replacing current CEO Gaetan Pacton. The change at the top comes after Ahold Delhaize, the company behind Mega Image, completed the acquisition of Profi in Romania, welcoming the brand…