Category: Uncategorized
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President Dan says Visa Waiver setback driven more by US migration politics than Romania’s political situation
Romanian president Nicușor Dan said on Tuesday, September 30, that Washington’s decision to suspend Romania’s entry into the US Visa Waiver Program was driven more by internal American debates over migration than by the political situation in Bucharest, Agerpres reported. The Romanian leader stressed that the move should be seen as a domestic policy signal…
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President Nicuşor Dan says single candidate for Bucharest mayor would strengthen ruling coalition
President Nicuşor Dan declared on September 30 that he would like to see a single candidate of the ruling coalition for the capital’s mayor’s office, arguing that competition among multiple candidates is wrong, as it would “greatly undermine the coalition, which has already accumulated some tensions,” Economica.net reported. The Social Democrats (PSD) expect to win…
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Romania’s B2C e-commerce volume up 10% y/y to 3.5% of GDP in 2025
The business-to-customer (B2C) e-commerce in Romania is expected to reach 3.5% of GDP in 2025, respectively a volume of EUR 12.8 billion, ranking 9th in Europe and 3rd in Central and Eastern Europe, after Poland and the Czech Republic, according to the European E-Commerce Report 2025, as quoted by Ziarul Financiar. Out of the total,…
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Bucharest Stock Exchange shareholders approve investment in new Moldovan exchange
The shareholders of the Bucharest Stock Exchange (BVB: BVB) approved on September 29 the participation in the share capital of a newly planned stock exchange in the Republic of Moldova, the institution announced. BVB will contribute EUR 400,000 during the establishment phase of the project, with the option to take part in future capital increases…
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Romania’s Hidroelectrica revises 15% downward profit expectations for this year
Hidroelectrica (BVB: H2O), the largest electricity producer in Romania, has revised its revenue and expenditure budget for this year, envisaging a 15% smaller net profit due to the drought that forced it to increase the volumes of energy purchased from the market for its customers, Economica.net reported. Thus, compared to the initial budget planning, Hidroelectrica…
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Romania’s OMV Petrom takes over 50% in 400MW PV project in Bulgaria
OMV Petrom (BVB: SNP), the largest integrated energy producer in Southeastern Europe, has completed the acquisition of a 50% stake in the Gabare photovoltaic project, developed by Enery in Bulgaria, the company announced. The project has an estimated capacity of 400 MW, with an annual electricity production of approximately 0.6 TWh, making it one of…
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Volume of building permits in Romania, particularly for non-residential projects, up in January-August
The number of building permits for residential units rose by 4.4% y/y to 24,821 in January-August, while the permits issued for non-residential projects over the same period of time cover a total surface area 21.9% larger compared to the area authorised for construction in the same period last year, according to data published by the…
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Baby shower bouquets: Celebrate new beginnings in Romania
Baby Shower Bouquets: Brighten Romania’s Family Moments Romania’s love for family and community shines through in celebrations like baby showers, where friends and loved ones gather to welcome a new life. Flowers are a perfect way to add warmth and joy to these moments, making them unforgettable. You can send baby shower bouquets to a…
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Catalyst Romania invests €1.25 million in Carfix – the digital ecosystem that reduces vehicle-related costs by up to 60%
Carfix, the SaaS platform that interconnects insurers, brokers, auto repair shops, dealers, leasing companies, and end-users into a 100% online ecosystem, announces the closing of a strategic €1.25 million investment from Catalyst Romania, one of the most prominent Venture Capital funds in the region. Carfix develops digital solutions for complete claims management, automatic cost estimates,…
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Corso Brasserie reopens at Grand Hotel Bucharest, bringing italian soul to the heart of the city
A new chapter begins at Grand Hotel Bucharest as Corso Brasserie reopens with a fresh Italian spirit. Overlooking the vibrant Nicolae Bălcescu Boulevard, the beloved boulevard restaurant has been reimagined as a place where authentic flavors, warm hospitality, and the easy elegance of a trattoria come together. A journey of authentic Italian taste The new…