Category: Uncategorized
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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,…
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Romanian MEP appointed chief negotiator of EUR 1.3 trillion multiannual EU fund
Romanian MEP Siegfried Mureșan (EPP/PNL) has been appointed by the political groups of the European Parliament as the chief negotiator for the future Multiannual Financial Framework (MFF) of the European Union post-2027. Mureșan, who was chief negotiator for the EUR 800 billion European Recovery and Resilience Mechanism and the 2018 and 2024 EU annual budgets,…
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ING Bank analysts slash their Romania 2024 economic growth forecast as strong domestic activity dissipates through imports
Romania is failing to capitalize on strong positive private consumption and investments because of rising imports, which weigh visibly on economic growth, ING Bank analysts wrote in a note as they lowered their 2024 growth forecast from 2.0% to 1.3% on Friday, September 6. The detailed economic growth data for the second quarter, released by…
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Romanian prime minister Marcel Ciolacu meets with Israeli counterpart Netanyahu
Romanian prime minister Marcel Ciolacu had a meeting with Israeli counterpart Benjamin Netanyahu in Jerusalem on Thursday, September 5. During the meeting, Ciolacu highlighted the importance of peace in the Middle East. The Romanian and Israeli prime ministers discussed economic cooperation projects, focusing on the defense industry, tourism, and Romania’s agri-food exports. “We have dynamic…
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Statistics confirm Romania’s steep economic slowdown in Q2 2024 due to drop in net exports, industry and IT&C
Romania’s gross domestic product (GDP) increased by 0.8% in the second quarter of 2024 compared with the same quarter of last year, based on both unadjusted data series and seasonally adjusted data series, the National Statistics Office (INS) announced on Friday, September 6. For the first half of 2024, Romania’s GDP recorded an annual growth…
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Bucharest airport parking lot to close for construction works at subway line
The parking lot in front of the Departures terminal at Bucharest’s “Henri Coandă” International Airport will be closed starting Monday, September 9, due to construction work on the future “Otopeni Airport” subway station. Passengers wishing to park as close as possible to the Departures terminal will need to use the parking lot located in the…
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Classix Festival in Iași announces 2025 edition
Classix Festival will return in the eastern Romania city of Iași in 2025, from February 23 to March 2. This year’s edition had a program of 8 concerts in Iași and one in Bucharest, plus exhibitions, panels, guided tours, or masterclass sessions. A limited number of tickets were put up for sale on the festival’s…
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Floria: Chrysanthemums and Roses, the most gifted flowers on the first day of school
Floria, a reference brand in Romania’s floristry market, capitalizes on trends and consumer behavior that mark the start of the school year by offering a diverse range of bouquets and floral arrangements in all its stores. The focus is on a creative mix of well-known flowers traditionally chosen by the Romanian public—such as roses, chrysanthemums,…
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Real estate company Build21 launches funding round through blockchain technology
Build21, a real estate company that utilizes blockchain principles and infrastructure, announced the launch of its very first funding round on the MultiversX blockchain on September 24. During this round, investors can purchase NFTs from the Build21 Helmets collection. Build21 said it “is set to redefine real estate standards in Romania” by developing 21 landmark…
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Tesla to open in Romania its largest showroom in Eastern Europe
Tesla Romania will inaugurate the company’s largest showroom in Eastern Europe on September 12, Evmarket.ro announced. This is the second showroom in Romania’s capital, following Tesla Center Bucharest Splaiul Unirii, and is named Tesla Center Pipera, located on București Nord Road in Voluntari. The new showroom is situated near other auto showrooms like Maserati, Mercedes-Benz,…