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Prime minister Marcel Ciolacu announced before the government meeting on Thursday, November 7, that Romania could enter the Schengen Area with its land border in the spring of 2025. He also said an informal decision could be reached before the second round of the presidential elections on December 8. According to Ciolacu, the process could…

Romanian businessman Ștefan Mandachi will invest EUR 5 million in a complex of premium villas in the commune of Miroslava, Iași county. The Miradis residential complex will include 12 houses built in two different architectures. Each villa will be located on a plot of 450-500 sqm, with a usable area of ​​roughly 180 sqm and a…

Romania is fourth in the 2024 CEE Top 500 study by Coface, with a total of 54 companies in the ranking – six fewer than in the previous report. Poland leads the way, followed by the Czech Republic and Hungary. The 16th annual study by Coface ranks the region’s biggest 500 companies by turnover and…

Pets can join their owners inside the District 1 City Hall headquarters in Bucharest beginning Wednesday, November 6. The City Hall has replaced old “no pets allowed” signs with new stickers indicating pet-friendly access, mayor George Tuță announced. To ensure a smooth experience, pet entry is regulated by current legal standards, and owners will receive…

C-level executives across various industries are increasingly turning to embedded teams as a strategic investment. This shift is not just about adding extra hands to projects but a critical strategy for driving innovation, filling talent gaps, and enhancing operational agility. As businesses face evolving market demands, tech disruptions, and increased competition, embedded teams offer an…

As the year draws to a close, several critical factors beyond the U.S. presidential election are expected to influence stock market dynamics and shape companies’ performances. Analysts at Freedom24, the trading platform that provides access to the world’s largest stock exchanges, have highlighted 7 key aspects Romanian investors should consider this November and December when…

Romania and Bulgaria aim to create a series of joint routes for Japanese tourists who want to visit the region, allowing them to have the opportunity to see multiple countries, according to the Romanian Ministry of Economy, Entrepreneurship, and Tourism. The announcement was made after tourism minister Ștefan-Radu Oprea met with a Japanese delegation led…

OMV Petrom will supply sustainable aviation fuel to the Romanian state-operated airline Tarom starting January 1, 2025, based on a contract signed by the two companies, a first in Romania. The oil and gas giant will deliver the fuel to four airports in Romania, namely Henri Coandă International Airport in Bucharest, Avram Iancu International Airport…

In the past two academic years, young people who applied through Youni to universities in the United States and Europe, including Cambridge and Oxford, have been awarded scholarships totaling USD 45 million, the Romanian edtech company announced. Roughly 30% of the total have been full scholarships, which means that parents don’t have to pay tuition…

20 of Romania’s best-known investors and technology & business development specialists will decide which are the most innovative tech startups in Romania, as well as in the Republic of Moldova, at the first edition of the Romania Startup Awards, an annual competition organized by ROTSA. The 20 members of the Romania Startup Awards board include…