Category: Uncategorized

Amethyst Radiotherapy, the network of radiotherapy, chemotherapy and oncology diagnostic services, has completed an investment program of EUR 8 million to modernize and expand the medical infrastructure across the six centers it operates in Bucharest, Cluj, Alba Iulia, Timișoara, Satu Mare and Piatra Neamț. The investments included replacing the two linear accelerators used for radiotherapy…

Bucharest City Hall announced on Wednesday, September 9, that it installed the capital’s first smart pedestrian crossing on Șoseaua Chitilei. The pilot project uses motion detection, dynamic lighting, sound signals, and tactile markings to improve pedestrian safety. Unlike conventional systems with continuously flashing lights, the new crossing activates its warning signals only when needed, the…

Nusco, one of Romania’s leading real estate developers, announced that it signed a EUR 21.4 million financing agreement with Exim Banca Românească. The funding will be used to refinance assets in the company’s portfolio and support projects currently under development. Most of the financing will go toward the continued development of Nusco’s assets, while the…

Bucharest Stock Exchange-listed AQUILA, one of the largest players in the fast-moving consumer goods distribution sector in Romania and the region, is relocating its operations in Constanța to a new logistics center, following an investment of over EUR 500,000. With a total area of over 6,000 sqm and nearly four times the storage capacity of…

After a summer spent crossing the country in a national caravan of over 35 screenings, “Hoinari prin Munți”, the documentary directed by Cosmin Dumitrache, opens in cinemas nationwide on Friday, September 11. Bucharest, Timișoara, Brașov, Sibiu, Cluj-Napoca, Arad, Craiova, Galați, Pitești, Suceava, Iași, Ploiești, Târgu Mureș, Sinaia, Baia Mare and Bistrița are just some of…

Bucharest is Romania’s most expensive rental market, with average monthly asking rents of EUR 400 for a studio and EUR 600 for a two-bedroom apartment, according to an analysis by property platform Imobiliare.ro and quoted by News.ro. Tenants seeking a three-bedroom apartment in the capital face an average rent of EUR 890 per month. Rental…

The European Commission has approved the registration of Romania’s Brânză frământată de Teaca as a Protected Geographical Indication (PGI) on Wednesday, September 9. This became the 18th Romanian product to receive recognition and protection under a European quality scheme, the Romanian Agriculture Ministry said. The cheese is produced in the village of Teaca, in Bistrița-Năsăud…

This September, a new dining experience arrives in Bucharest. Starting September 4, JW Marriott Bucharest Grand Hotel invites guests to discover The Magic Table, the internationally acclaimed immersive dining experience making its Romanian debut at JW Steakhouse. Over the course of an approximately two-and-a-half-hour evening, a five-course dinner unfolds alongside a captivating show of 3D…

Of the EUR 535 million granted between January and August, EUR 360 million went exclusively to renewable energy projects. According to the bank, the projects financed this year are expected to generate around 1.6 TWh of electricity annually, equivalent to more than 3% of Romania’s final electricity consumption. BCR is currently involved in financing structures…

A USD 200 million agreement with Trafigura was announced last December, making the new MoU an expansion of the proposed financing. The Rovina gold-mining project is still without an environmental permit and faces fierce resistance from green NGOs, although it is listed among the European Union’s priority projects for strategic minerals under the Critical Raw…