Category: Uncategorized
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International Workplace Group opens 1,200 sqm Regus center in Iași
Hybrid work solutions provider International Workplace Group (IWG) announced the opening of a new Regus center in Iași. According to the company, demand for space in IWG locations has grown significantly in Romania as employees increasingly adopt hybrid working. The new Regus center spans a total area of 1,200 sqm in the Şandru Office building…
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EU-GCC Trade cooperation: Elevating it to the next level
The Euro-GCC Economic Initiative Launch Event being organized on the 12th and 13th of November in Bucharest is taking place amidst big geo-political changes. Not only is the European Commission shaking up its team with a new college of commissioners under the leadership of Ursula Von Der Leyen (mark II) and the European Parliament and…
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Inter Computer Romania achieved its annual targets în Q3 and anticipates a promising year-end
Inter Computer Romania, part of the Hungarian Inter Computer Group (IC Group), one of the largest IBM Platinum partners in Central and Eastern Europe, announces that it has met all of its 2024 targets by the end of Q3, driven by IT architecture and infrastructure projects using IBM Power technology, particularly for the financial and…
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Bucharest celebrates National Day with military parade on December 1
Bucharest will host the annual National Day parade on December 1, with both Romanian troops and foreign soldiers from NATO-allied countries stationed in the country participating in the event, the Ministry of Defense announced. As in previous years, the parade will be held at Bucharest’s Arch of Triumph, starting at 10 AM. In honor of…
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Dacia unveils low-cost Cargo version of electric Spring model
Romanian carmaker Dacia launched a Cargo version of its electric Spring model, designed for light cargo deliveries. The car, launched in the United Kingdom, costs only GBP 14,995, or around EUR 18,000, excluding VAT. The Dacia Spring Cargo has been introduced as a van version of the urban electric car, aimed at last-mile delivery fleets.…
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Romanian PM denies rumours about Russia’s attempts to influence internal elections
Prime minister Marcel Ciolacu denied rumours about the involvement of Russia in the electoral process in Romania. The farms of trolls, also rumoured as working for some candidates, were closed down, and everything is running smoothly now – assured the PM, who leads in all electoral polls and prepares to win the presidential elections in…
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Romanian video game industry turnover declines 6.6% y/y to EUR 317 mln in 2023
Romania’s video game development industry saw a turnover decline of 6.6% year-on-year to EUR 317 million in 2023, according to the Romanian Game Developers Association (RGDA). Despite the drop, the sector’s turnover is still nearly triple that of a decade ago. Globally, the gaming industry is expected to generate USD 183.9 billion this year. Romania’s…
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Chimcomplex seeks to build major gas-fired power plant in southern Romania quickly
Romania’s largest chemistry group, Chimcomplex (BVB: CRC), re-launched attempts to find a contractor for its planned 108MW+89MW combined power and heat plant at Govora – which would power its industrial site in Ramnicu Valcea and source heat for the municipality as well. The power plant, which should be ready to burn H2 in combination with…
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Romania’s Romgaz puts new well in use at its largest onshore gas field
Romania’s natural gas company Romgaz (BVB: SNG) has put in use a new well (Damianca 55) at Caragele – the largest onshore natural gas field in the country that it operates, minister of energy Sebastian Burduja announced on November 11, according to Economica.net. “As long as we have natural gas, we must extract it,” minister…
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Romanian energy minister argues surcharge on energy producers was in line with European practice
Romania has not done anything special compared to other European states, minister of energy Sebastian Burduja argued, speaking of the surcharge levied on electricity generators since 2022, which was recently declared in breach of the law by the Constitutional Court. The government should not return the money, he said. “It was an almost universal rule…