Category: Uncategorized
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UK-based real-time payments platform Volt adds Romanian currency
UK-based real-time payments platform Volt has expanded its European coverage by introducing payments in Romania’s local currency, the leu (RON). The move enables merchants in the region to accept account-to-account payments seamlessly, further integrating Romania into the growing open banking ecosystem. Volt currently covers bank accounts at over 2,500 banks in 31 markets, enabling real-time, account-to-account…
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One United Properties signs the acquisition of a 21-hectare land for the new One City District community
One United Properties (BVB: ONE), the leading green developer of residential, mixed-use and office real estate in Romania, has signed with CPI Romania the acquisition of a 21-hectare plot in Bucharest’s Sector 5 for the development of the residential area and the creation of the new One City District community. The acquisition price amounts to…
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Romania ranks first in EU for volumes of gas extracted, energy minister says
Last year, Romania ranked first in the European Union in terms of gas volumes extracted, overtaking the Netherlands, according to energy minister Sebastian Burduja. The minister added that once the exploitation of gas reserves in the Black Sea begins, Romania will be able to export gas, and companies in energy-intensive industries will receive support to…
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Via Transilvanica: Long-distance trail crossing Romania expands Braşov segment
Via Transilvanica, the long-distance trail crossing the country, has laid the first milestone of the upcoming Terra Borza Teutonica, a section in central Romania’s Braşov county. The milestone was laid in Viscri, the village known for its UNESCO-listed fortified church and as a holiday destination for King Charles III, who owns a property there. The…
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One United Properties targets turnover of EUR 309.8 million and net profit of EUR 78.7 million in 2025
One United Properties (BVB: ONE), the leading green developer of residential, mixed-use, and office real estate in Romania, targets a consolidated turnover of EUR 309.8 million for 2025, marking the fifth consecutive year in which the company is expected to generate revenues exceeding EUR 200 million (RON 1 billion). The result from operating activity is…
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Bears back in the spotlight after recent attack, encounters in Romanian mountain towns
Bear encounters continue to be an everyday reality to residents of mountain regions in Romania. This fact was made even more obvious after the head of the mountain rescuers in the town of Predeal, Brasov county, was attacked by a bear on Sunday evening, March 30. Meanwhile, the locals of Busteni, in neighboring Prahova county,…
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Tour of Romania 2025, the most important cycling event of the year, starts on September 10 from Craiova
The Romanian Cycling Federation, together with the National Sports Agency and Auchan Romania as the main partner, announces the organization of the 57th edition of the Tour of Romania. The most important local sporting event of the year will take place from September 10-14, 2025, featuring a remarkable route through the southeastern part of the…
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Bookfest 2025: José Luis Peixoto, Gonçalo M. Tavares among authors present at Bucharest book fair
Portugal is the guest country at this year’s edition of Bookfest International Book Fair, which will take place between May 28 and June 1 at Romexpo, in Bucharest. The fair will be an “opportunity for Romanian readers to rediscover Portuguese literature and explore the Portuguese cultural diversity through the books, authors, translators, and publishers that…
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Romanian tax authority finds widespread non-compliance among Airbnb operators
Romania’s national tax collection authority (ANAF) has identified over 22,000 individuals who rented out properties on Airbnb and Booking, earning a combined income of RON 260 million (EUR 52.3 million) between 2023 and 2024, Ziarul Financiar reported. According to ANAF, only 20% of these operators have declared their income and paid the necessary taxes. The…
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Two managers in race to replace Templeton at Romanian fund Proprietatea
Romanian investment fund Fondul Proprietatea (BVB: FP), having in its portfolio stakes in companies such as Salrom and Aeroporturi Bucureşti, announced that, following the selection process for a new alternative investment fund manager, the company has shortlisted two candidates: an AIFM based in Luxembourg, in partnership with a global infrastructure asset manager, and an AIFM…