Category: Uncategorized

Premier Energy Group (BVB: PE), a leading energy provider in Southeast Europe and a listed company on the Bucharest Stock Exchange reports strong growth across its operations in 2024, with preliminary figures showing normalized revenue of EUR 1,263 million, marking a 45% year-over-year increase, and normalized EBITDA of EUR 103 million, up 14% compared to…

Guest writer Henry Páll Wulff shares an ample overview of the top challenges Romania is facing and the potential solutions that local policymakers should consider. A captivating read, this opinion article shows what Romania can learn from countries such as France, Germany, Denmark, Finland, Canada, Costa Rica, and Bhutan.  As Romania embarks on a new…

Bucharest’s Știrbei Palace is set to become Romania’s first high-end retail destination, with Hagag Development Europe announcing its reopening for the second half of 2025. The building on Calea Victoriei will host some of the world’s most prestigious brands, the developer said. Fashion houses such as Dior, Saint Laurent, Celine, Valentino Garavani, and Hermes will…

Interim president Ilie Bolojan said on social media that Romania is a committed and reliable ally, after US president Donald Trump halted all military aid to Ukraine on Tuesday, February 4. Trump’s decision comes after a series of meetings at the White House with top national security officials in the aftermath of the disastrous public…

Cristian Măcelaru will conduct the opening concert of the anniversary edition of the George Enescu International Festival, one of the world’s most prestigious classical music events, taking place from August 24 to September 21. The Romanian conductor will lead the George Enescu Philharmonic Orchestra and Choir at the inaugural performance at Sala Palatului in Bucharest,…

US company Goodyear, one of the world’s largest tire manufacturers, has appointed Romanian Octavian Velcan as the head of its Turkish subsidiary, one of Turkey’s largest exporters. The Turkish branch of Goodyear operates deliveries nearing USD 2 billion, according to data analyzed by Profit.ro. Velcan has been with the company since 1999, initially serving as…

A study conducted by the Bucharest Community Foundation, through the Bucurestiul Pregatit/Bucharest Ready program, shows that 82% of residents believe that the Romanian capital is not ready for a major earthquake, making it a prime concern among city residents. Meanwhile, 59% of Bucharest residents consider earthquakes a major threat, ranking them as the second biggest…

Romanian justice minister Radu Marinescu  said during an interview that Andrew and Tristan Tate, who left Romania after their travel ban was lifted, have every interest in returning to comply with judicial procedures. The two are investigated for human trafficking and other offenses, including rape. The minister argued that the brothers have always claimed that…

Endava (NYSE: DAVA), a global provider of digital transformation, has been selected as a partner in the Open Cloud for Research and Education (OCRE) 2024 framework. This EU-compliant procurement framework, administered by GÉANT, the collaboration of European National Research and Education Networks (NRENs), enables European educational institutions to access innovative cloud services, fostering digital transformation…

A new investigation from independent journalists at Recorder shows that far-right politician Călin Georgescu, who routinely accuses American-Hungarian billionaire George Soros of meddling in Romanian politics, partnered with the latter’s Foundation and the USAID in the 1990s. The investigation begins by noting that Călin Georgescu led NGOs focused on environmental and sustainable development issues: Tineretul Ecologist…