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PepsiCo has launched a new USD 137,000 Training Center at its East Balkans beverage plant in Dragomirești-Deal, Romania, designed to support the education and development of both employees and students. The facility, equipped with cutting-edge technology, offers hands-on training in soft drink production, enabling employees and technical students to simulate production and maintenance processes in…

Sphera Franchise Group has inaugurated its first restaurant equipped with solar panels following an investment of approximately EUR 1.2 million. The new KFC Drive Thru, located in Galați, marks the group’s first opening in its 2025 expansion plan. The photovolatic panels, installed on the restaurant’s parking lot roof, have a capacity of 47.5 kW and…

Recommerce©, the European leader in the trade-in and refurbishment of electronic devices, primarily smartphones, unveils the results of its 4th annual survey ”The Second-Hand smartphone Market”, conducted by KANTAR across 13 European countries, including Romania. The global market for refurbished smartphones continues its strong upward trajectory. According to a recent report by IDC (International Data…

Romania should avoid making last-minute changes to its electoral laws or using emergency ordinances to address politically sensitive issues, according to a report adopted by the Council of Europe’s Congress of Local and Regional Authorities. The findings, presented at the Congress’s 48th session on March 26, highlighted concerns over an emergency ordinance that combined Romania’s…

Gheorghe Hagi, Romania’s football legend and former national team captain, launched his autobiography, Hagi – Drumul Meu (Hagi – My Journey), on Wednesday evening, March 26, at the Bucharest University of Economic Studies. The book, he explained, tells the story of his life and career, offering insights into what it takes to achieve success. At…

The budget execution data for January-February published by the Finance Ministry reveals, besides the 1.6%-of-GDP public deficit announced in advance, three major issues: still high payroll growth rates (an effect of wage hikes during 2024, likely to diminish through 2025), rising interest paid on public debt (a problem likely to deepen with higher debt and…

Romania’s Ministry of Finance initiated on March 26 procedures for new FX bond issues to tap the foreign markets for the second time this year amid elevated political volatility, which clouds the country’s fiscal stabilization and risks pushing its debt into the junk category. The intended FX bonds are denominated in euros and have maturities…

Commenting about the relationship with the United States that requires a new approach in the context of the Trump administration, Romanian prime minister Marcel Ciolacu proposed the appointment of a temporary envoy in Washington – to serve as a liaison for both the president and the government in addition to the ambassador, according to Hotnews.ro.…

Romania’s Ministry of Economy is in advanced negotiations with an investor interested in taking over the Mangalia Shipyard in order to maintain economic activity and pay employees’ salaries, minister Bogdan Ivan announced in the Senate, according to Ziarul Financiar. Mangalia Shipyard is under insolvency after Damen group, with a 49% stake (the majority stake of…

Grampet Logistics, part of the Grampet Group of local entrepreneurs Gruia Stoica and Vasile Didilă, will start the production of polymerized bitumen on the industrial platform of the former RAFO refinery in Oneşti, according to Ziarul Financiar. Romania imports most of the bitumen it uses in road construction, while Grampet targets neighboring countries as well.…