Category: Uncategorized

While preparing the first Samurai bonds in the past decade, Romania tapped on September 19 the international bond market by raising the equivalent of EUR 5 billion with three issues denominated in euros (two issues) and US dollars, according to Ziarul Financiar. They account for a significant part of the RON 37 bln (EUR 7.5…

The international transport and logistics company Gebrüder Weiss recently inaugurated a new hub in the southeast of Bucharest, consolidating its position in the Romanian market.  The new terminal, located in Popești-Leordeni, became operational after a EUR 20 million investment, and will eventually lead to the creation of 90 jobs. “The new location complements the already…

Raiffeisen Bank Romania has finalized the selection process for MoonShotX – a unique project on the local market, supporting companies with a turnover between 5 million and 50 million euro (Mid-Corporate) to expand their business internationally.  After a selection period of 3 months, 22 companies were selected out of a total of more than 760…

Writer and translator Corina Oproae has won this year’s Premio Tusquets Editores de Novela for the novel La casa limón, set against the background of the Ceaușescu regime. Oproae, who was born in Făgăraș, has been living in Spain since 1998. She has published the poetry books Mil y una muerte, Intermitencias, and Desde donde…

NN Group, active locally in the private pension and insurance segments, and impact venture fund Rubio Impact Ventures have launched the NN Social Innovation Startup Awards competition, which aims to boost early-stage tech startups working to create a positive impact. The competition takes place in ten countries in Europe, including Romania, and in Japan. The…

Dubai, a city noted for its abundant way of life and tall towers, also offers a wide variety of affordable living choices appealing to investors worldwide, including Romania. Dubai offers an appealing prospect with its strategic position, strong economy, and friendly investment environment for those wishing to make economical real estate investments. Whether you are…

The Apprentice, director Ali Abbasi’s new movie in which Romanian-born actor Sebastian Stan plays a young version of Donald Trump, will arrive in cinemas in Romania on October 18, one week after the US release date, according to Paginademedia.ro.  The feature was selected in the main competition at Cannes this year.  The Apprentice stars Sebastian Stan…

Private rail passenger operator Regio Călători introduced the card payment option directly on the train, a service previously available only at ticket counters. Thus, passengers can buy tickets from the train staff and pay by card. In 2023, the company processed over 300,000 cash ticket transactions monthly. LIFE IS HARD (LIH), in partnership with Raiffeisen…

Vyrian Incorporated, a semiconductor and computer hardware supply chain solutions provider, announced the opening of an office in Timișoara, in western Romania. The office is expected to further strengthen the company’s European distribution network, leveraging Romania’s location to enhance service to EU and non-EU markets. The Romanian office will focus on sales, customer support, and…

NewCold, one of the largest automated and cold chain international logistics companies, has entered the Romanian market through a 9-hectare land plot acquisition from the Belgian developer WDP. The land is located in the northern part of Bucharest, in the proximity of the A0 ring road, according to Cushman & Wakefield Echinox, which brokered the…