Category: Uncategorized

Romanian IT services provider Life in Codes has expanded its European footprint by opening a new office in Brussels while shifting from a freelance-based staffing model to employing in-house specialists. The company reported a turnover of EUR 7 million for 2024, with EUR 1.2 million generated from operations in Romania, according to a company announcement.…

Romanian aluminum producer Alro has raised concerns over a potential influx of low-cost aluminum imports from China into the European market following new tariffs imposed by the United States. Marian Năstase, Chairman of the Board of Directors at Alro, speaking at an energy sector conference and quoted by Economica.net, warned that the redirection of Asian…

Real estate developer Hagag Development Europe signed a partnership with Romanian peer Niro Investment Group to refurbish a 6,800 square meter office building built by the latter on land under concession in northern Bucharest.  The building will be renovated, and the first tenants will move in at the beginning of July. 18% of the office…

State-controlled gas group Romgaz (BVB: SNG) has launched on the electronic procurement platform SICAP a tender to buy consultancy services aimed at evaluating, assisting in the negotiation, and, eventually, purchasing the production assets of the Azomureș fertilizer plant, according to Economedia.ro. Azomureș is currently owned by the Swiss group Ameropa. It is the only fertilizers…

The European Commission (EC) has approved a EUR 16 million increase in state aid for the rehabilitation of the district heating system of Bucharest, according to a press release from the Romanian Competition Council quoted by Economica.net. At the same time, the Commission extended the period for granting state aid until December 31, 2027. In…

Crin Antonescu, the ruling coalition’s candidate in the presidential elections, stated in a Facebook post that the European Union must abandon the Green Deal in favor of a Smart Deal, which would allow access to cheaper energy, including for Romanians affected by current regulations. “I want cheap energy for Romanians. Through the Green Deal, the…

Romania’s main democratic opposition party, Save Romania Union (USR), issued on April 14 an official note stating that the National Bureau decided, unanimously by those present, to empower the party’s Secretary-General Dominic Fritz to manage all contracts.  The note followed the Bureau’s decision last week to no longer support the presidential candidacy of USR leader…

The fifth edition of the performing arts festival News from Polska, set to take place in Bucharest between May 5 and May 11, proposes a curatorial concept dedicated to the human body seen “as a space of resistance, transformation, and empowerment in a world engulfed by crises on all levels.” This edition brings four performances…

Bonapp by Munch, Romania’s first mobile app dedicated to reducing food waste, has helped save more than 500 tons of food since its launch in November 2021. The platform, created in Bucharest by French entrepreneurs Luka Zivkovic, Diego Roy de Lachaise, and Grégoire Vigroux, also helped users save nearly EUR 2 million and prevented over…

The Banloc Castle, former residence of Queen Elisabeth of Greece (1894-1956), will be transformed into a tourist complex with a museum, accommodation, and relaxation areas, according to a new project envisioned by the Timiș County Council. The building is currently in a state of disrepair and is owned by the Banat Church. The Council, which…