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The historic city of Alba Iulia, in central Romania, has been named Romania’s Youth Capital for 2026 with the program “#yoUthNITED,” following Vaslui, which will hold the title in 2025.  Cities in Romania compete annually for the title of Youth Capital through proposals and projects hinged on financial support, training, and consultancy for implementing the…

A total of ten startups have been selected in the Seed Stage of this year’s Romania ClimAccelerator, a complex acceleration program dedicated to greentech startups. These are Ativa, Atomania, Fortico Energy, Marny Energy, Pedala Defensivă, renewd, Rowatt X, SeedPods, United Chord, and WORMXSOIL. The selected startups already have a prototype and will benefit from support…

Pets will be allowed to accompany their owners into public institutions in Bucharest, according to a draft law put forward for public debate by the City Hall.  The project was initiated by the Bucharest Authority for the Surveillance and Protection of Animals (ASPA) on October 1 and will remain in public debate for the next…

Office occupancy costs in Bucharest have increased by approximately 10% over the past two years, driven by the growth in operational costs and rent indexations in a period with high inflation, according to Cushman & Wakefield Echinox. The most significant factors impacting operational costs have been the rise in the minimum wage and the increased…

CTP, a leading developer, owner, and manager of industrial and logistics properties, announced the expansion of its partnership with cargo-partner, a full-range info-logistics provider, with the leasing of 7,800 sqm at CTPark Cluj. Following this new lease deal, cargo-partner now occupies a total of 28,000 sqm across CTP’s portfolio in Romania. The two companies’ collaboration…

The company has created 20 new jobs along with the restaurant opening The new restaurant operates on a 50 square meters area Băneasa Shopping City is the next destination for a new Hesburger location Hesburger, the largest fast-food restaurant chain in Finland and one of the best known in Europe, opens a new restaurant in…

PepsiCo, one of the leaders in the food and beverage industry, announced the promotion of two Romanians within its leadership team for the Eastern Europe region. Emilian Dinică becomes the company’s East Balkans Supply Chain Director, while Daniel Drăgușin was promoted to Senior Director, Supply Chain Transformation Europe. Emilian Dinică will be responsible for implementing the East Balkans…

The project targeting the complete reconstruction of the underground floor in the Unirii area in downtown Bucharest, namely the massive concrete slab that covers the busy Unirii Square, has triggered a dispute between the District 4 mayor Daniel Băluță and Bucharest’s general mayor Nicuşor Dan. This, in turn, delays the work, which was supposed to…

A total of 13 automated defibrillators will be installed in the busiest subway stations in Bucharest as part of the national project “First Aid Point. Be a Savior!” initiated by the Department for Emergency Situations (DSU). The project aims to enable citizens to provide first aid in the event of cardiac arrest by equipping the…

Alfa Group, through Iride Development, acquired from CPI Romania the biggest part of the Iride Park project in Bucharest, the attached logistics, and two buildings located nearby with a large potential for further development, according to a deal sealed by the two parts on October 1. The buildings Iride eighteen, myhive | Iride nineteen, myhive…