Category: Uncategorized
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Disney in Concert coming to Bucharest in October
Six artists from Romania, together with a symphony orchestra, will bring Disney characters to life during the Disney in Concert show at Sala Palatului in Bucharest. The event is scheduled for October 13, and tickets can already be purchased online. Alina Sorescu, Dalma Kovacs, Julie Mayaya, Florin Ristei, Liviu Teodorescu, and Vlad Miriță will go…
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Fall Creek to set up blueberry nursery in Romania on 50-hectare land purchased from Portland Trust
Portland Trust, one of the most active real estate developers in Romania, announced the sale of a 50-hectare plot of land in Moara Vlăsiei to Fall Creek, a global leader in blueberry breeding and plants. The deal, whose value was not disclosed, marks a significant milestone in Fall Creek’s expansion into the European market, Portland Trust…
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Luxembourg as Gateway for Romanian Tech Companies. Go European, Go global & connect with the Luxemburg innovation ecosystem at Nexus 2050 on June 26-27
The Romania-Luxemburg Business Forum RomLux” is inviting all Romanian innovative companies to participate in the Nexus2050 event in Luxembourg, the most important event for ICT and emerging technologies in the region. Taking place the last week in June, Nexus2050 offers a unique opportunity to connect with organisations and partners that support and promote innovation in Luxembourg. This year, RomLux…
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Metro Romania CEO Adrian Ariciu promoted group’s executive vice president for Eastern Europe
Adrian Ariciu, CEO of Metro Romania from 2020, has been promoted to the top of the Metro group. He will be the group’s new executive vice president for Eastern Europe and a member of the Board’s Executive Committee, roles in which he will be actively involved in establishing the company’s regional strategy in the coming…
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Cushman & Wakefield Echinox registered a 15% revenue growth in 2023 in a stagnant market and now ranks 2nd among real estate consultancy companies in Romania
Cushman & Wakefield Echinox closed 2023 with a revenue of EUR 12 million, marking a 15% increase compared with the previous year. This impressive growth propelled the company to the second place among real estate consultants in Romania, in a year marked by a stagnation of this particular business segment. The company’s growth drivers included…
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Bucharest City Hall announces extra public transport services for Coldplay concerts
Bucharest City Hall announced extra bus services on June 12 and 13 for the Coldplay concerts at the National Arena. Thus, on the two days, two new lines will be set up and two others will operate with more buses to cut the waiting times for concertgoers. Coldplay’s concerts in Bucharest are a highlight of…
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BCR Romania Manufacturing PMI: Strongest improvement in manufacturing performance in survey history in May
Output and new order growth rates quicken Supplier performance worsens further Inflationary pressures strengthen The Romanian manufacturing sector’s performance improved further and to a greatest extent on record (since July 2023) in May, according to the latest BCR PMI® data. Output and new orders signalled faster upturns as demand conditions strengthened. In turn, companies stepped…
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Council of Europe Development Bank finances new 300-bed hospital in Bucharest’s District 6
The Council of Europe Development Bank (CEB) and Bucharest’s District 6 City Hall signed a EUR 72.9 million loan agreement, backed by the InvestEU Fund, for the construction of a new public hospital with over 300 beds. The agreement was signed by District 6 mayor Ciprian Ciucu and CEB Vice-Governor for Target Group Countries Tomáš Boček…
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Liberal leader in Romania feels encouraged to run for president
The Liberal Party (PNL) in Romania is gaining momentum and will get more than 25% of the votes in the local elections on June 9, party’s president Nicolae Ciuca stated, adding that “this is a good performance” that entitles the party to nominate its own candidate in the presidential elections. Ciuca has not confirmed he…
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Romania confirms EUR 224 mln long-distance train contract with Polish PESA
The Romanian Railway Reform Authority (ARF) confirmed Polish company PESA as the winner of a RON 1.1 billion (EUR 224 million, VAT not included) contract for 20 long-distance trains after the Court of Appeal required the Authority to review the tender at the request of Alstom, Economica.net reported. The selection procedure was not repeated, but…