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The Primary School in Rași village, Sălcioara commune, Ialomița county, was recently inaugurated after a consolidation and rehabilitation project carried out by the BookLand Association. The works took place between March 2023 and June 2024, and the abandoned building benefited from complex interventions, including structural interventions, to become functional again. The total value of the…

Graduates who want to attend university are looking for a well-paid job and a balance between academic quality, practical experience and professional opportunities, data from a study conducted by Bucharest International School of Management (BISM) in partnership with IZI Data shows. “In an increasingly dynamic and competitive labor market, students want not only a solid…

Romanians have some awareness of the causes and consequences of climate change, but there’s still room for improvement when it comes to their knowledge about solutions, according to the sixth edition of the European Investment Bank (EIB) Climate Survey. The survey had over 30,000 respondents across 35 countries, including the EU Member States, the United…

According to UEFA, Romanian forward Valentin Mihăilă is fourth on the list of the fastest players at EURO 2024 before the semifinals.  Mihăilă was clocked at a speed of 35.8 km/h during the Romania-Ukraine match of the tournament’s group stage, which the former won 3-0. The fastest player at EURO 2024 so far is Frenchman…

Crane ChemPharma & Energy, a global industrial manufacturer and subsidiary of the Crane Company, secured a lease for 3,000 square meters of production space within Industra Park Arad, a development by Oresa Industra in western Romania. The move, facilitated by the real estate consultancy firm Cushman & Wakefield Echinox, strengthens the company’s manufacturing footprint in…

Fintech startup MetaWealth announced it has successfully closed a EUR 2 million pre-Series A round of funding from 11 international investors, which values the real estate tokenizing platform at EUR 50 million just 15 months after its global launch. “We intend to do a Series A funding round with various VCs by Q1 2025,” said…

Over 77,200 homes were sold in Romania in the first six months of 2024, up 16% compared to the same period in 2023, while the number of homes sold in Bucharest and Ilfov county increased with an annual rhythm of 25%, shows a market report released by real estate consultant SVN Romania, based on official…

Multinational company PepsiCo announced it doubled the production capacity of its factory in Popești-Leordeni, southern Romania, an investment that reached USD 100 million, and is talking about transforming the unit into a European production hub, Profit.ro reported. PepsiCo’s new automated warehouse in Popești-Leordeni, which strengthens the company’s production and storage capacity for Central and South-Eastern Europe,…

Canadian company Gabriel Resources announced on July 8 that it filed an appeal against the decision of the Washington Arbitration Court (ICSID) by which Romania won the case in the Roșia Montană gold mining project, requesting its annulment, according to G4media.ro. The Arbitral Tribunal of the World Bank’s settlement centre ICSID rejected in March all…

Romania’s state-operated airline Tarom announced it canceled tens of flights that were scheduled to land or take off from Bucharest’s Henri Coandă Airport (Otopeni) on July 8. The situation remains uncertain for July 9 after a large number of the company’s pilots relied on a form of protest by declaring themselves “unfit for work” – under…