Category: Uncategorized
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Sustainability meets Profitability on April 8th
La French Tech Bucharest announces the third edition of its highly anticipated flagship event, Sustainability meets Profitability, set to take place on April 8th, 2025, at the Romanian – American University (1B Expoziției Boulevard, Bucharest), starting at 18:30. Sustainability meets Profitability event will explore the new regulations companies—big or small—must navigate and how they can turn…
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Romania’s Sibiu-Pitești highway to feature largest ecoduct in the country
The builders of Romania’s important A1 Sibiu – Pitești highway are set to start the construction of a bridge over 300 meters long and at least 100 meters wide, allowing the animals of the Southern Carpathians to cross from one side to the other. The investment will pay off as a corridor for large mammals…
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Romanian soldiers on parental leave went to Congo as mercenaries, Defense Ministry finds
Several Romanian military personnel who were on parental leave went to Congo as mercenaries, according to a statement from the Ministry of National Defense. The issue of active soldiers taking mercenary work first came up on the public agenda after PressOne reported on Romanian soldiers employed by Horațiu Potra. Himself a former mercenary, Potra is…
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Report: Romania’s business services industry has room to grow but at slower pace
The local business services industry has potential for growth, even if it will see a slower pace because the market is a mature one and given the high regional and global competitiveness, according to a report carried out by the Association of Business Service Leaders in Romania (ABSL) in partnership with Deloitte Romania. Still, the…
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European Investment Bank to finance Ukraine’s railway border crossings with Romania, other neighbors
The European Investment Bank and the government of Ukraine have agreed to allocate EUR 50 million from EIB funding to Ukraine’s national railway company, Ukrzaliznytsia, for the modernization of key railway border crossings with Poland, Slovakia, Hungary, and Romania. The project includes repairs to worn-out railway tracks, the relocation of wagon inspections, the reconstruction of…
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Medicover acquires operations of laboratory diagnostic services provider Synlab in Romania, five other countries
Medicover has acquired the operations of the lab tests provider Synlab Group in Romania, Turkey, Cyprus, Slovenia, Croatia, and North Macedonia in a transaction worth EUR 71.3 million, the company announced. The transaction was financed from Medicover’s own sources. It was carried out by Medicover for its diagnostic services division, present in Romania under the…
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eVOTE launches eVotePRO platform at the Bucharest Stock Exchange
On Wednesday, April 2, eVOTE, the platform for electronic participation in the General Shareholders’ Meetings of the companies listed on the Bucharest Stock Exchange, launched the platform extension with eVotePRO. The facility is the first electronic voting solution designed for institutional investors in Romanian companies to participate in and vote during the GSM of the…
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Southern Romania: 10th edition of Sand Marathon to be held in May in Constanța
On the weekend of May 17–18, 2025, the beach of Constanța will become a hotspot for runners from across the country and abroad as it hosts the anniversary edition of the Sand Marathon. Now celebrating a decade of existence, the event combines sports competitions for all skill levels with recreational activities for families, children, and…
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Romania’s electric car market sees 58% decline in March, Tesla drops to third
Romania’s electric car market dropped 58% in March compared to 2024, mainly due to the postponement of the implementation of the new Rabla Program and uncertainties regarding the voucher value for electric cars. As such, fully electric cars accounted for just 2.75% of total new car registrations last month. The registration figures, examined by Profit.ro,…
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Former Romanian president, PM to be prosecuted in 1990 miners’ riot case
Former president Ion Iliescu and ex-prime minister Petre Roman will stand trial over their involvement in the 1990 miners’ riot (Mineriada) case, the General Prosecutor’s Office announced on Wednesday, April 2. The case concerns the violent repression of the protests against Ion Iliescu’s regime in mid-June 1990, only six months after the 1989 Romanian Revolution. The…