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President Klaus Iohannis addressed the political crisis in Romania following the announcement that the Social Democratic Party (PSD) would withdraw from negotiations to form a new government. He emphasized that the last thing Romania needs is an extended government and parliamentary crisis and urged political leaders to prioritize stability and come to the negotiating table. Prime…

Romania is among the European Union countries with the lowest proportion of citizens going on vacation. In 2023, only 25% of Romanians aged over 15 spent at least one night in accommodation, compared to the EU27 average of 63% for the same age group, according to Social Monitor, a project of the Friedrich Ebert Foundation…

Tresor Le Palais Timișoara, Curio Collection by Hilton, has officially opened its doors in the city in western Romania, marking a significant milestone as the first Curio Collection by Hilton hotel in the country. This new addition is also the first Hilton-branded hotel in Timișoara. Owned by Tresor Le Palais SRL, the hotel features two…

BRINGO, the first rapid online shopping delivery service in Romania using personal shoppers, brings the Christmas spirit directly into Romanians’ homes. This year’s trends show a significant increase in orders for festive products starting from the first half of December, indicating a preference for organizing purchases early, especially for decorations or non-perishable items. According to…

Low-cost carrier Wizz Air announced that starting January 15, 2025, some of its flights from Bucharest will be relocated from Henri Coandă International Airport (also known as the Otopeni Airport) to Aurel Vlaicu Băneasa International Airport. The move “aims to provide diverse travel options and enhance the passenger experience,” the company said. Thus, from January…

Antenna Group, the leading international media, content, and entertainment organization, has appointed Henning Tewes as Group Chief Executive Officer, effective January 1st, 2025. This move underscores the Group’s commitment to driving growth and innovation across its global operations.   With his considerable experience in television and new digital platforms, Henning brings business insight, having held multiple…

Romanian prime minister Marcel Ciolacu announced Thursday, December 19, that the Social Democratic Party (PSD) is withdrawing from discussions to form a new government but will support a right-wing cabinet in Parliament. In a statement posted on Facebook, he criticized the behavior of coalition partners, without naming a specific party, accusing them of inconsistency and…

Nuclearelectrica, Romania’s state-owned nuclear power operator, and an international consortium comprising Candu Energy Inc., an AtkinsRéalis company, Ansaldo Nucleare, Canadian Commercial Corporation, and Korea Hydro & Nuclear Power Co., have signed an Engineering, Procurement, and Construction (EPC) contract for the advancement of Cernavodă nuclear power plant’s Unit 1 refurbishment. The contract’s estimated value is EUR…

The weekend before Christmas brings season-themed concerts, film screenings, and the option to buy presents from the numerous fairs and markets. In Bucharest: Christus Natus Est December 21 St Joseph Cathedral hosts this carol concert where ten choir groups are set to perform. More details here. The Nutcracker December 19, 20 Two performances of Tchaikovsky’s…

Databricks, a US-based software company co-founded by Romanian entrepreneurs Ion Stoica and Matei Zaharia, has reached a USD 62 billion valuation after securing new funding worth USD 10 billion. The company, ranked among the most valuable private companies globally, plans to invest this capital in new AI products, acquisitions, and significantly expanding its international sales…