Category: Uncategorized

CFR Călători began operating Romania’s first new electric train, the Alstom Coradia Stream, on Wednesday, November 20, on the Bucharest-Brașov route. The journey departed from Bucharest’s Gara de Nord at 09:30 and was scheduled to arrive in the mountain city of Brașov at noon. “The Coradia Stream model is the first train supplied by the…

At the end of September 2024, Romania’s M&A market recorded transactions totaling USD 1.7 billion, significantly up from the USD 134 million recorded during the same period last year, according to the global M&A market report by Boston Consulting Group (BCG). For 2023, the total transaction value amounted to USD 2 billion. Romania recorded the…

The Romanian Diversity Chamber of Commerce (RDCC) is organising the fifth edition of Purple Night Romania, an impactful awareness campaign held annually on December 3rd to honour the International Day of Persons with Disabilities. This meaningful initiative calls on private organisations, public institutions, NGOs, and individuals to illuminate their buildings, offices, and public spaces in purple as a visible expression of solidarity…

The 13th edition of GoTech World, the largest B2B IT and digital solutions expo-conference in Central and Eastern Europe, showcased the latest technological innovations and business solutions to approximately 14,500 visitors. The event hosted 91 partner companies, 125 international speakers, and over 60 hours of specialized content, marking an edition dedicated to exploring emerging technologies…

European Best Destinations has opened the online vote for the most beautiful Christmas markets in Europe, and the holiday event in Craiova, a major city in southwestern Romania, is among the nominees. The list includes winter fairs in Manchester, Vienna, Brussels, Prague, Geneva, Helsinki, or Riga.  “The Christmas market season has started! Discover your selection of…

Eviden, the Atos Group business leading in digital, cloud, big data, and security, announced the launch of a new cybersecurity technology and applications lab in collaboration with the West University of Timișoara (UVT), western Romania. The opening comes a year after the launch of the university’s master’s degree in cybersecurity, taught exclusively in English. The…

Romanian prime minister Marcel Ciolacu, the presidential candidate of the Social Democratic Party (PSD), said he had a “very good phone conversation” with US president-elect Donald Trump on Tuesday, November 19. During the call, the Romanian official congratulated Trump on his election victory and reaffirmed Romania’s commitment to strengthening their Strategic Partnership. In his turn,…

The Terveystalo Group, the largest private healthcare operator in Finland, is reportedly in talks to take over Romanian peer Regina Maria in a deal estimated at EUR 1.0-1.2 billion from the investment fund Mid Europa Partners, according to Ziarul Financiar. The exit process envisaged by Mid Europa Partners is a competitive one, with several strategic…

CEC Bank, the largest state-owned bank in Romania, announced on November 19 at the Bucharest Exchange (BVB) that it prepared a prospectus to update the existing medium-term bond program (MTN Programme), approved by the Luxembourg financial sector supervisor (CSSF), in the sense of increasing its planned size from the equivalent of EUR 600 million to…

Grants in total amount of RON 350 million (EUR 70 million) were given to two Romanian entrepreneurs under the Investalim scheme aimed at the food industry for developing two sunflower refining plants in Agigea (Constanta County) and Tantareni (Gorj County) under two projects with a total value of RON 650 million. The investments come after…