Category: Uncategorized

At Café Athenée, a timeless noble tradition comes to life with the Afternoon Tea Experience, now available every day from 3:00 to 6:00 PM, upon reservations made at least 24 hours in advance. Guests can indulge in a selection of finely crafted pastries, delicate finger sandwiches and premium teas, curated to create a truly elegant…

AROBS Transilvania Software (BVB: AROBS), the largest technology company listed on the Bucharest Stock Exchange, posts solid preliminary results for 2024 – a consolidated turnover of RON 412 million (EUR 83 mln), 2% above the revenue and expense budget revised in Q3 2024, EBITDA of RON 60 million (EUR 12 mln), +11% compared to the…

Prosecutors from Romania’s High Court of Cassation and Justice requested a 30-day preventive detention measure for Horațiu Potra, his son, his brother, and 18 other individuals charged with attempted actions against the constitutional order. Horațiu Potra and his two relatives have not been located, and there are indications that they are not in the country.…

Romanian telecom group Digi Communications (BVB: DIGI) reported 14% higher consolidated revenues due to strong growth in Spain and launch of operations in Portugal. The group’s gross profit went up almost sixfold to EUR 539 mln, following the sale of its fiber network in Spain. “2024 was a transformative year for Digi, as we strengthened…

A new study by Go Voyager has ranked Romania as the most dangerous country in the European Union (EU) to rent a car, mainly due to its poor road infrastructure, which translates into higher risks of getting into a car accident. On the opposite end, France ranks as the best country for car rentals due to…

Accelerated growth of BCR’s business in 2024. An 11% increase in net assets, a 19.2% rise in net profit, 15.6% higher operating revenues, and a 19.3% growth in operating result, all driven by a significantly higher business volume with clients. Financing the economy. Over 6,500 companies, supporting approximately 280,000 jobs, were financed by BCR in…

Romanian police announced they recovered a stolen bronze statue by French sculptor Emile-Antoine Bourdelle, valued at approximately EUR 15,000. The artwork was taken from France in 2018 and surfaced in Constanța, where officers from the Criminal Investigations Directorate intercepted an attempt to sell it. On February 27, 2025, acting on intelligence and ongoing investigations, police…

Marcel Ciolacu, the Romanian prime minister and leader of the Social Democratic Party (PSD), the largest party in the government coalition, extended an invitation to reformist center-right party Union Save Romania (USR) to join the ruling bloc.  The coalition is currently facing a no-confidence vote initiated by the far-right opposition. USR, on the other hand,…

2024, a new year of growth for Sphera Group: sales of RON 1.5 billion (+5,4%), net profit of RON 97.2 million (+22%) and EBITDA of RON 176.9 million (+19.6%) Significantly improved profitability for KFC Romania, which achieved a net profit of RON 100.2 million (+15.5%), and Taco Bell, which increased its net profit almost six…

After being granted permission to leave Romania, Andrew and Tristan Tate, who are being investigated on several charges related to human trafficking and other offenses, also had some of their assets restituted. A Romanian court ruled in favor of an appeal by the Tates to lift precautionary seizure on multiple assets, including several properties, vehicles, and…