Category: Uncategorized
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Bucharest wellness center Therme doubles profit in 2023
The relaxation and wellness center Therme, one of the largest in Europe, registered a turnover totaling RON 241.67 million (EUR 48.5 million) in 2023, an increase of 37.8% compared to the previous year. Regarding the net result of the financial year, the company reported a doubling of its profit, from RON 10.67 million (EUR 2.1 million)…
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Artificial intelligence gains popularity among employees in Romania, eJobs survey says
A total of 34.9% of participants in the latest eJobs survey say they regularly use AI (artificial intelligence) tools like ChatGPT or Gemini in office tasks to reduce workload or get results faster. Of these, 18.8% say they do this daily, 13.4% weekly, and 5.7% several times a month. Meanwhile, 13.9% of employees say that…
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Last chance for registrations for dotCommerce Digital Forum: debates on the current eCommerce context
In less than a week, on June 11, 2024, MerchantPro, the SaaS platform for eCommerce solutions, will host the second edition of the dotCommerce Digital Forum at Terra Events Hall in Bucharest. The event brings together leaders and innovators in digital retail to discuss current challenges and opportunities in eCommerce. Focusing on the current context…
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Weekend calendar: American Independent Film Festival, Bucharest Opera Festival, Cantus Ecclesiae, LYNX Festival and more
The local and EU Parliament elections weekend brings in Bucharest a program of US-made independent films, the start of a yearly opera festival, and a festival dedicated to organ music. In Timișoara, film fans can enjoy a festival dedicated to short films, while in Brașov nature documentaries and photography are in the spotlight. In Bucharest:…
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Construction works kick off at first subway line in Cluj-Napoca
Romanian authorities inaugurated the construction site of the first subway line in Cluj-Napoca on Wednesday, June 5. According to transport minister Sorin Grindeanu, who also attended the event, the project will become fully operational in 2031. The new line, which is the first subway project outside Bucharest, will be 21 km long and include a…
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Romanian police officers on mission to Germany during the European Football Championship
Romania’s Ministry of Internal Affairs announced that 27 Romanian gendarmes and police officers will be on a mission in Germany during the European Football Championship. The police officers will cooperate with local law enforcement and accompany Romanian football fans in Germany. “Their mission is to provide operational support to the German law enforcement forces by…
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Cluj-Napoca Airport completes EUR 83 mln expansion of departures terminal
Romania’s Cluj-Napoca International Airport inaugurated the extension of the passenger departures terminal, a project worth RON 412 million (EUR 83 million) VAT included, funded from the European and national budgets as well as the own sources of the company. The project included the expansion of the departures terminal by approximately 7,200 square meters, the creation…
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Romania’s competition body investigates possibly rigged public IT procurement tenders
Bittnet (BVB: BNET), Trencadis, and Arctic Stream (BVB: AST) are being investigated by the Romanian competition body in connection with possibly rigged public procurement tenders, according to notes to investors sent by the two Bucharest Exchange-listed companies and a public statement of the third (not listed at BVB), Economedia.ro reported. Bittnet group confirmed that the…
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France’s Groupe Atlantic moves ahead with planned EUR 60 mln boiler plant project in Romania
Groupe Atlantic Romania, the local subsidiary of the leading global HVAC group headquartered in France, has received so far RON 127 million (EUR 25 million) capital injection from the parent company to support the development of the planned EUR 60 million investment in a water heaters (boilers) production facility announced last December, Economica.net announced. Economica.net…
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Renault-Geely’s Romanian Horse subsidiary begins production of new engine
Horse Romania, the local division of the thermal engine division Renault and Geely Horse Powertrain Limited, has started production of the HR12 1.2-litre petrol engine that will equip the new Duster III model, among others. “We started production of the HR12 engine at our plant in Romania based on the existing process at the Horse…