Category: Uncategorized
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Romanian airports’ traffic hits new record in July
Passenger traffic recorded by Romanian airports in July 2024 increased by 6.5% compared to that in 2023 and 14% compared to July 2019, according to data from the Romanian Airports Association. Out of the total of 2,675,664 passengers, 2,531,685 traveled on external routes. In the same period, 23,534 aircraft movements (landings and take-offs) were recorded,…
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Romania and Israel in talks for closer ties in defense, food industries
Economic missions made up of representatives of Israeli companies will visit Romania in September-November to evaluate the potential for importing Romanian food goods and the investment opportunities in the defense industry, Romanian minister of economy Radu Oprea announced after visiting Israel as part of the Romanian government’s delegation. “We have identified two priority directions: the…
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Russian drone breaches Romanian airspace
A Shahed drone launched by Russia crossing Romanian airspace during the night of September 7 to 8 was spotted and followed by NATO fighter jets, the Romanian Ministry of Defence (MApN) announced. Another one might have crashed on Romanian territory but was not found yet. “A group of attack drones violated Romania’s airspace,” the Ukrainian Air…
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Romanian MEP Siegfried Muresan expects 3rd Resilience Facility disbursement this autumn
The third disbursement under the Resilience Facility will be received by Romania this autumn, and only a small part of it will be retained for six months for the target not met by the country, according to MEP Siegfried Muresan. He said there are less than 5 targets and milestones that Romania must complete from a…
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SunPro’s EUR 20 mln sunflower oil refinery in Romania awaits environmental permit
Swiss group SunPro, with operations in Ukraine so far, needs only the environmental permit before starting the works at the EUR 20 million sunflower refining plant in Galati, eastern Romania, where part of the equipment was already brought, according to Economica.net. The company expects the permit by the end of the year, seven months later…
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Dutch discounter Action to enter Romanian market
Dutch retailer Action, active in 12 countries, injected EUR 10 million into its newly set up subsidiary in Romania to develop a network of stores that will compete with existing retailers such as Pepco, TEDi, and KIK, Economica.net reported. The company also launched a portal in Romanian for staff recruitment, but no positions have been…
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Romania’s carmaker Dacia introduces voluntary resignation scheme
Romanian automobile producer Dacia announced a voluntary resignation scheme aimed at reducing the personnel, with severance pays of up to tens of thousands of euros depending, among others, on how long the employer has worked for the company. According to the information obtained by Profit.ro, there is no target for the number of people enrolled…
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Electro-IT retailer Altex pours EUR 15 mln in “largest tech store” in Romania
The leading Romanian electro-IT retailer Altex, with online and physical operations, announced it invested EUR 15 million in what it claims to be “the largest tech store” in the country. “The Altex Bucharest-Nord store offers its customers access to state-of-the-art technology at affordable prices and complete solutions for a comfortable lifestyle. Thus, we strengthen our…
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Romania plans to install surveillance cameras on main highways
Romania’s National Company for Road Infrastructure Administration (CNAIR) has announced plans to equip highways A1, A2, and A3, as well as national road DN1 with surveillance cameras, with the investment valued at RON 220 million (EUR 44.2 million) excluding VAT. The cameras will allow authorities to penalize drivers who exceed speed limits and detect other…
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Accor opens Swissôtel Poiana Brasov: A new benchmark for upscale hospitality in Romania’s premier ski resort
Accor, a global leader in hospitality, proudly announces the opening of Swissôtel Poiana Brașov, introducing the Swissôtel brand to Romania for the first time. Located in the heart of Poiana Brașov, Romania’s most popular ski resort, the hotel is surrounded by the lush landscapes of the Postăvarul Massif, making it an ideal escape for skiers,…