Category: Uncategorized
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Moldova’s competition body slaps EUR 25 mln fines on OMV Petrom, Rompetrol and Lukoil
Moldova’s competition body Consiliul Concurentei announced fines with a total value of MDL 480 million (EUR 25 million) decided in the case of six fuel retailers found to have coordinated the prices charged on the local car fuel retail market during the period investigated (March 2019 to January 2021). The decision can be appealed within…
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Romanian airline FlyLili cancels or postpones some flights from Brasov, Sibiu
Romanian airline FlyLili recently admitted that its new aircraft have not been able to complete all the legal and administrative steps required before they can operate on various routes due to a lack of workforce. As a result, many flights were canceled or postponed indefinitely. FlyLili’s aircraft have not yet been registered with the Air…
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Romanians spent EUR 36 billion in large retail chains in 2023
According to the Romania Retail Snapshot 2024 by the Cushman & Wakefield Echinox real estate consultancy company, Romanians spent EUR 36 billion in large retail chains last year, 11% higher than in 2022. FMCG (Fast-Moving Consumer Goods) spending accounted for EUR 22.5 billion. The second largest share (EUR 3.6 billion and 10% respectively) pertained to…
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Romanian diplomat declared persona non grata by Russia
Russia declared a member of the Romanian Embassy in Moscow ‘persona non grata,’ Romania’s Ministry of Foreign Affairs (MAE) announced. The decision came after a diplomat of the Russian Embassy in Bucharest was expelled in May, according to the same source. “This decision of the Russian side, unfounded in relation to the provisions of the…
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MyElements: a new era of nutritional food supplements. Individually packaged effervescent tablets – the ideal choice for an active lifestyle
ISO PLUS, a leading company in the nutritional food supplements industry, is introducing the MyElements range in Romania with its individually packaged effervescent tablets. These tablets are formulated with a blend of vitamins, minerals, and metals designed to support a healthy and balanced lifestyle. Under the #MyWayOfLiving campaign, MyElements aims to encourage the people of…
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DSV Road Report: Automotive, FMCG and Healthcare, highest share in export-import structure
The automotive, FMCG, healthcare, tech & electronics, and fashion industries generated the highest share in the structure of import-export activities in the first half of 2024, according to a report by DSV Road, the third largest freight transport company in Romania and Europe. “Despite the market challenges, the top most active sectors remained relatively stable…
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Romanian team leaves ‘thank you’ note in locker room as it leaves EURO 2024
Romania left the EURO 2024 football tournament on July 2 after losing to the Netherlands 0-3 in the round of 16 match. Before departing, however, the team left their locker room sparkling clean and a touching ‘thank you’ note to the organizers. “EURO 2024 was, for each of us, one of the most important football…
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Bucharest’s main airport Henri Coandă installs new air conditioning after being fined
The management of Henri Coandă Airport, Bucharest’s main one, announced that new air conditioning equipment has been installed following last week’s failure, which resulted in a RON 10,000 (EUR 2,000) fine from the Consumer Protection Agency. “Two additional air conditioning units have been put into operation to address the situation caused by the failure of…
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Alba Iulia and Brașov compete for 2026 Youth Capital of Romania title
Alba Iulia and Brașov are the two cities competing for the title of Youth Capital of Romania in 2026. A jury will review their candidacies in the coming period, and the winner will be officially announced on October 19. Every year, a city receives the title of the Youth Capital of Romania following a concept…
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Survey: Over half of respondents believe Romania’s future president should be an independent
More than half (54.4%) of respondents to a recent INSCOP survey carried out for News.ro believe that the future president of Romania should be an independent political leader. At the same time, 38.7% would prefer a political party representative. About 4.6% are still undecided, and 2.2% decided not to answer. Most of those who would…