Category: Uncategorized

European construction group STRABAG announced the inauguration of the largest bitumen emulsion production facility in Romania on Wednesday, June 11. The new plant, located in Crișeni, Sălaj County, was established through a direct investment of approximately EUR 2.2 million. Operated by SAT Reabilitare Reciclare, a subsidiary of the construction group, the factory has a production…

Lion’s Head Investments has secured the construction permit for its first logistics park in Romania, set to rise in Popești-Leordeni, near Bucharest. The EUR 65 million project will include three warehouse buildings spread over 85,000 square meters of built-up area, on a 155,000 sqm plot acquired last year.  Construction is expected to begin in the…

Bucharest is set to expand its cycling infrastructure with the development of more than 550 kilometers of bike lanes by 2035, according to the new Velo Masterplan unveiled by interim general mayor Stelian Bujduveanu.  The strategic document, now finalized after months of consultations and public debates, outlines the creation of a citywide cycling network aimed…

Romania’s national football team defeated Cyprus 2 – 0 in the fourth round of the 2026 World Cup qualifiers on Tuesday, June 10, in Bucharest.  The goals were scored by Florin Tănase (minute 43) and Dennis Man (minute 45+2). With an assist and a goal, Dennis Man was the best player on the field. Over…

Two Romanian citizens were injured in the recent school shooting in Graz, Austria, Romania’s Ministry of Foreign Affairs (MAE) confirmed on Wednesday, June 11, as quoted by news agency Agerpres. The victims’ families have been informed, and the Romanian Embassy in Vienna is ready to provide consular assistance if requested. “In the context of the armed…

The general government budget deficit under cash terms reached 3.4% of GDP in the first five months of the year, according to preliminary data announced by Profit.ro. The deficit-to-GDP ratio is at the same level as it was in the same period of 2024, when it ended the full year at 8.65% under cash terms…

Romania’s exports in goods contracted by 5.2% y/y to EUR 7.87 billion in April, while the imports edged up by 0.4% y/y to EUR 11.01 billion, resulting in a trade gap of EUR 2.69 billion – 22% wider compared to the same month of 2024, according to data published by the statistics office INS. In…

President Nicuşor Dan is participating in the Ukraine – South-Eastern Europe Summit on June 11, taking place in Odessa. The Romanian head of state also paid an official visit to the Republic of Moldova on Tuesday, June 10. The Ministry of Foreign Affairs announced on June 10 the participation of foreign affairs minister Emil Hurezeanu…

Schrack Technik Romania, the subsidiary of the Austrian group Schrack Technik GMBH, one of the most important players (manufacturer and distributor) in the electrical installations market, has completed an investment of over EUR 15 million in the construction of a new state-of-the-art logistics center, in Domnești, near Bucharest, according to Economedia.ro. The project involved the…

The investment fund Mid Europa Partners, one of the most active investors in the local market, reached an agreement to sell Urgent Cargus, the second largest courier company in Romania, to Sameday – the courier company in the same group with the online retailer eMAG, according to Profit.ro. The deal is pending approval by the…