Category: Uncategorized
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New PE fund targets food industry in Romania, Poland
Trinity Investments Management, a private equity fund with Romania’s Scandia Group as anchor investor, was set up focusing exclusively on investments in the food industry, primarily in Romania and Poland, which together account for 57% of the region’s population and 53% of its GDP. “Trinity Investments focuses on creating long-term value. We will invest in…
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Romania’s volume of net investments declines by 4.9% in 2024
Net investments in Romania’s national economy totaled RON 193 billion (EUR 38.8 billion) in 2024, marking a 4.9% decline compared to the previous year (in volume terms), according to data published by the National Institute of Statistics (INS). The decrease was primarily driven by a 10.8% drop in equipment purchases, including transport means, and a…
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Romania’s automobile production declines by 14% y/y in January-February
Automobile production in Romania fell by 14% in the first two months of 2025 compared to the same period in 2024, with total output reaching 85,260 units, according to data from the Romanian Automobile Manufacturers Association (ACAROM). Automobile Dacia produced 48,582 vehicles, while Ford Otosan manufactured 36,678 units. While the slowdown at Dacia seems to…
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Romania’s trade gap up 38% y/y in January on 10% higher imports
Romania’s trade deficit (goods) surged by 38% y/y to EUR 2.74 billion in January, as the exports picked up encouragingly by 2.4% y/y, still insufficient to offset the 10.3% y/y advance of imports, according to data published by the statistics office INS. Romania’s exports rose by 2.4% y/y to EUR 7.25 billion, while the imports…
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Weekend calendar: East European Feels, Romanian traditions, honey fair, concerts & more
Romanian traditions and honey products are the focus of fairs opening in Bucharest, alongside a varied offer of films, concerts, and exhibitions. In Bucharest: Art Safari Until July 27 The current edition of the art event features exhibitions on Ioan Andreescu, Ion Țuculescu, forgotten Romanian painters, but also the new generation of artists. More details…
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Major residential project Militari Residence in Bucharest suburbs further expands
Militari Residence, the largest residential agglomeration in Romania located in Bucharest’s suburb Chiajna, developed by Iulian Robu and Constantin Căpățână (which gave the name to the agglomeration), will add another eight blocks of apartments, according to Profit.ro. The two want to build 8 blocks of apartments on a plot of land with an area of…
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Voxxed Days Bucharest 2025: “To stay competitive, Romania’s IT sector must sell innovation, not just billable hours”
Voxxed Days Bucharest 2025, an event dedicated to IT professionals and software developers, will take place on March 26-27, 2025, at Crowne Plaza Hotel Bucharest. This year, the conference reaches the next level by emphasizing the development of intrapreneurial skills among software developers – an essential step in shifting from an outsourcing-based model to one…
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A rising star in Romanian professional esports: Iulia “Yushia” Boldor on taking on League of Legends tournaments
Iulia Boldor, better known as Yushia, is a women’s trailblazer in the traditionally male esports world. The rising industry has found room for female representation in recent years, and the 22-year-old Romanian is at the forefront of its most popular gaming competitions, the League of Legends professional tournaments, as part of the French esports organization…
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Premiere: Lin Holmquist, one of Europe’s most acclaimed experts in Tantra, Yoga, and personal development, comes to Bucharest this June
The renowned therapist will be in Romania for the first time as part of DiFine Your Essence, a series of events combining personal, professional, and spiritual development Lin Holmquist, one of Europe’s most respected Tantra and personal transformation facilitators, will be in Romania for the first time from June 27-29 as part of EnlightX, the…
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Holcim invests over EUR 450,000 in water recycling system at Stăncești aggregate plant in Romania
Holcim Romania has invested over EUR 700,000 in its Stăncești aggregate plant in Prahova county, with more than EUR 450,000 dedicated to a state-of-the-art water recycling and purification system. This investment significantly reduces the plant’s water consumption by approximately 80%, the company said. “This investment is a clear demonstration of our commitment to improving operations…