Category: Uncategorized

Booster Capital, a private equity fund launched in late 2024, has reached an agreement to acquire a significant stake in Bisbags, one of Romania’s leading manufacturers of paper bags and packaging, according to Profit. The company operates a production facility in Petriș, in Bistrița-Năsăud county. The investment will primarily provide growth capital to support Bisbags’…

Romanian company Avant Airports has confirmed in an email to Romania Insider its plans to develop Alexeni Airport, a EUR 400 million project near Bucharest, aiming to become the largest cargo hub in Eastern Europe within the next three years.  The announcement comes a year after the company signed a concession contract with local authorities…

The local authorities in Cluj County, central Romania, are exploring the option of financing the expansion of the Avram Iancu International Airport in Cluj-Napoca through bonds issued at the Bucharest Stock Exchange (BVB). The airport would reach an annual capacity of 20 million passengers per year from 1.5 million currently. Alin Tişe, the president of…

One of the most acclaimed and highly regarded pianists in the world, Martha Argerich, will return to the stage of Romania’s George Enescu International Festival for two concerts in August and September. More specifically, on Sunday, August 31, Martha Argerich will perform at the Palace Hall, interpreting Piano Concerto No. 1 in C major, Op.…

Romania’s interim president Ilie Bolojan is set to appoint former prime minister Dacian Cioloș as honorary advisor starting March 20, according to an announcement from the Presidential Administration. He will be responsible for involvement in coordinating and monitoring the implementation of Romania’s strategic partnerships. Dacian Cioloș served as the prime minister of the technocratic government between…

Romania still holds the highest road fatality rate in the European Union (EU), with 77 deaths per million inhabitants, despite declines of 4% in 2024 compared to the previous year and 21% compared to 2019, according to preliminary figures published by the European Commission (EC) on March 18. The EU average was 44 road deaths per…

Salina Praid, one of Europe’s largest salt mines, will host Romania’s first underground gastronomic festival, Taste of Transylvania Underground, from March 28 to 30. The event will showcase top chefs from Romania and Hungary, including Michelin-starred restaurants, in an extraordinary setting 100 meters below ground, local news agency Agerpres reported. The event will offer a…

On March 18, InterCapital Asset Management (ICAM), the largest independent investment manager in Croatia, listed its second ETF (Exchange Traded Fund), tracking Slovenia’s main stock market index.  The ETF’s full name is InterCapital SBITOP TR UCITS ETF and it trades on the Bucharest Stock Exchange (BVB) under the ticker symbol ICSLOETF, replicating the SBITOP TR…

Bucharest Coffee Festival returns this weekend, from March 21 to 23, at Hala Laminor, bringing together coffee professionals and enthusiasts from Romania and abroad. The 2025 edition will host over 200 exhibitors, including producers, roasters, and distributors, across a 5,000-square-meter space. Attendees can explore a wide variety of specialty coffee, accessories, and brewing equipment, with…

The National Authority for Consumer Protection in Romania, or ANPC, has put forward for public consultation an order that will require economic operators to inform consumers about the commercial markup applied to marketed products, relative to the producer’s base price. In the draft order, ANPC argues that the consumer’s right to information is a fundamental…