Category: Uncategorized
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Another Russian drone falls in Romania after attack on Ukrainian ports
Romania’s Ministry of National Defense (MApN) confirmed on Thursday, July 25, that it found remains of a Russian drone following attacks on neighboring Ukrainian ports. The drone fell on Wednesday morning in a forest near the village of Plauru. The ministry’s teams are also searching for other drones that may have fallen last night on…
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75% of Romanian entrepreneurs believe climate change has negative impact on local businesses, survey finds
The majority of Romanian entrepreneurs, over 75% of those surveyed in a study by the Romanian Institute for Evaluation and Strategy, believe that climate change has a negative impact on the local business environment. Another important conclusion of the study is that 6 out of 10 entrepreneurs believe that renewable energy will play a major…
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Exorigo Upos analysis: Western Europe leads the e-commerce market by far with 80% compared to 55% in Eastern Europe
Western European shoppers spend an average of €85 per transaction, while Eastern European consumers spend €55 A significant portion of the elderly population is online shopping in Western Europe, while in Eastern Europe, most online shoppers are young Eastern European shoppers are more price-sensitive than Western Western Europe boasts a notably higher e-commerce penetration rate…
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Carrefour completes rebranding of Cora hypermarket in Bucharest
French retailer Carrefour completed the rebranding of a Cora hypermarket in Bucharest, following the acquisition of the competitor’s network in Romania. The newly remodeled store is part of the Supernova commercial center on Alexandriei Road and was officially inaugurated on July 25. “As a result of the integration of large-format Cora stores into the Carrefour…
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Romanian athlete barred from Paris Olympics after court upholds doping ban
Team Romania dropped to 106 representatives at the Paris Olympics after the Court of Arbitration for Sport partially upheld a ban imposed on athlete Florentina Iușco by the World Anti-Doping Agency, or WADA. Iușco tested positive for furosemide, a banned diuretic, in April 2023. The analysis of both her A and B samples confirmed the…
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Romania ClimAccelerator: 15 green-tech startups selected for acceleration program’s Idea Stage
Fifteen startups have been selected for Romania ClimAccelerator’s Idea Stage, a category of the acceleration program for green-tech startups. The program supports the acceleration of businesses that propose innovative solutions in areas such as renewable energy, waste management, clean-tech, carbon emissions management, green construction, sustainable production, transport, and recycling. It has two main categories: Idea…
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Romanian PM promises visa-free travel to the US, full Schengen membership by end of 2024
Prime minister Marcel Ciolacu recently promised that by the end of this year, Romanians will be able to travel to the United States without visas. He also said that Romania will have a dual citizenship agreement with Spain and that the country will be fully integrated into the Schengen Area in the same time span.…
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Belgian logistics parks developer WDP increases portfolio in Romania to 2.2 mln sqm GLA following acquisition
The Belgian developer of industrial and logistics parks, WDP, has purchased 135,000 square meters of logistics spaces and a 300,000 square meter plot of land with development potential, increasing its footprint in Romania to approximately 2 million square meters of gross leasable area (GLA). The lands and spaces are in Greater Bucharest, Constanta, and Targu Mures.…
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Adobe Romania reaches 1200 employees and continues organic growth by attracting new projects in the local development and research center
While the IT sector is marked by discussions about layoffs, Adobe Romania, the company’s largest center in Europe focused on software product development, continues to expand its team in Romania and offer attractive salary and extra-salary benefits for IT specialists of all levels. During this period, the company’s goal, besides consolidating its current position in…
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MerchantPro Compass: The local eCommerce market resumes its upward trend with +12% in the second quarter
Analysis conducted by MerchantPro – the local SaaS solutions platform for e-Commerce – on data recorded by active online stores in both 2024 and the first half of last year, shows a sales increase of over 9% in the first half of 2024 compared to the same period last year. The positive dynamics are mainly…