Category: Uncategorized
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Bucharest real estate offers some of Europe’s highest prime yields, report says
Bucharest combines rising rents across its main commercial property sectors with some of the highest prime investment yields in Europe, according to Cushman & Wakefield’s DNA of Real Estate Europe Q2 2026 report. The Romanian capital remains competitive within Central and Eastern Europe due to relatively low occupancy costs, improving market fundamentals, and returns above…
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King Charles III’s house in Romania’s Viscri village hosts Irina Neacșu exhibition
The House of King Charles III in Viscri, the famous village in Romania’s Transylvania region, is hosting Linea Lignea, an exhibition by Romanian artist Irina Neacșu exploring the cultural landscape of southern Transylvania. Open until January 10, 2027, the exhibition brings together drawings, collages, sketches, and an installation. Graphite drawing on archival paper is the…
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Dacia to launch larger European-built Spring electric model
Dacia has sold 210,000 Spring electric cars since 2021, but has failed to fully benefit from the recent growth of the electric vehicle market in France, its most important market, Reuters reported, as quoted by Economedia.ro. France’s subsidy programme for low-income buyers excludes electric vehicles made in China, a category that includes the current Spring.…
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Bucharest International Film Festival: Eight productions selected in international competition, seven premiering in Romania
The 22nd edition of the Bucharest International Film Festival – BIFF will present eight films in its International Competition section, seven of which will be screened in Romania for the first time. The only exception is the Romanian-Moldovan production The Circle by Valeriu Andriuță. The international competition includes Everytime, directed by Sandra Wollner; 17, by…
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Romania’s Social Democrats and far-right AUR jointly appoint interim heads of public broadcasters
The two parties backed each other’s candidates under a parliamentary cooperation agreement, according to media reports. The two positions became vacant following a ruling by the Constitutional Court. The two candidacies were approved by the joint bureaus of the two chambers of Parliament, News.ro reported. Thus, Sorina Matei, formerly with Gandul newspaper, will serve as…
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Russian drone activity intensifies in Moldova and eastern Romania
Moldova’s Defence Ministry, cited by Deschide.md, said the Shahed entered Moldovan airspace at 16:20 from the direction of Slavianorebca in Ukraine and flew towards Bender, crossing the Transnistrian region. It then headed towards central Moldova, passing near Chisinau and disrupting the landing of several aircraft before reaching Bălănești and Cetireni in Ungheni district. The drone…
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Coca-Cola Romania appoints Amruta Vaidya as general manager
Coca-Cola Romania announced on Tuesday, September 8, that it appointed Amruta Vaidya as its new general manager, succeeding Mark Docherty, as part of a wider restructuring of its local leadership team. Docherty will move to the company’s European headquarters in Dublin to oversee several markets in a regional role. Amruta Vaidya joined Coca-Cola in 2017…
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Nutella maker Ferrero to open production facility in Romania’s Timișoara
Ferrero, the Italian confectionery group, will open a production facility in Timișoara, Profit.ro reported. Company representatives told Profit.ro that Ferrero was nearing the final stages of acquiring an existing industrial site in Timișoara to develop a facility leveraging the country’s “manufacturing tradition, strategic location and the availability of a skilled workforce.” Ferrero was established in…
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Romania to resume power generation at Cernavodǎ nuclear power plant towards end-September
Despite some positive developments concerning water levels in the upper reaches and tributaries of the Danube, the forecast remains “reserved”, Bușoi said. “After September 15, we will make a new assessment, but we expect things to be possible only towards the end of September,” he said. Cernavodă NPP shut down its second reactor on August…
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Investors meet Romanian authorities as political volatility puts fiscal consolidation at risk
According to a government statement, the discussions took place against the backdrop of Romania’s current political and economic situation and focused mainly on the evolution of public finances, the outlook for the budget deficit, the state’s financing costs, the absorption of European funds, and the need to continue fiscal consolidation and the reforms already under…