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The Of Stone and Steel. A Voyage into the World of Urbex photography exhibition of Her Royal Highness Princess Sofia of Romania opened at the Romanian Cultural Institute (ICR) in Bucharest this week and will also travel to ICR London later this fall. The exhibition, put together by HRH Princess Sofia in collaboration with Jean…

Cluj-Napoca mayor Emil Boc announced that green bonds will serve as a source of funding for the local subway project, alongside funds from the EU-granted National Recovery and Resilience Plan (or PNRR). The mayor signed the financing contract for green bonds together with transport minister Sorin Grindeanu.  “This new source of financing from green bonds covers both…

Bogner, the German fashion company specializing in athluxury sports fashion, globally active and represented in over 50 countries, has decided to enter the Romanian market with a first store in Bucharest. The new boutique is set to open on November 1, following an investment of roughly EUR 500,000. The Bucharest store operates as a franchise…

Romania has remained among the European Union (EU) states with the most accessible mortgage loans, considering the average wages at the national level and the costs of buying a one-bedroom apartment through a 25-year mortgage loan, according to a report by online broker Ipotecare.ro and financial consultancy and mortgage lending company SVN Credit Romania. The…

Confident Agency has successfully represented in Bucharest the launch of “Bearing Witness”, one the most exclusive and impactful international conflict photography exhibitions. The grand opening coordinated by the Confident team took place in the presence of the two world renowned photographers Mr. Muhammed Muheisen, two-time Pulitzer Prize-winner, and Mr.Howard G. Buffett, the middle son of…

Bringo LifeINDEX: Water, bananas, and cucumbers are the most ordered products Largest order in 2024: 9,000 RON Average shopping basket value: 285 RON Friday and Saturday are the most active days  BRINGO, the first rapid grocery delivery service through personal shoppers in Romania, surpasses the threshold of 1 million orders delivered in 2024, solidifying its…

Two men, aged 33 and 36, were detained on Tuesday, September 24, for international drug trafficking after Romanian prosecutors and police discovered cocaine hidden in approximately 15 tons of frozen fruit pulp from Ecuador in the Port of Constanța. According to investigators, on September 18, a Romanian company unloaded what documents said were barrels and…

The Central and Eastern European EU members (EU-CEE) have undergone an impressive process of economic catch-up since the early 2000s, but the previously successful model of taking over labour-intensive production steps as an ‘extended workbench’ for Western companies is increasingly nearing its limits and the countries need a new industrial policy worthy of the name…

The Romanian subsidiary of the digital e-commerce platform Packeta group, Packeta Romania, announced a new partnership with the office and stationery store chain Diverta, through which it added 17 new pick-up points to its national network. The new pick-up points in the Diverta network will facilitate the process of picking up orders, contributing to increasing…

Romania’s prime minister Marcel Ciolacu, on September 24, met representatives of OMV Petrom, whom he assured of the government’s support for the Neptun Deep offshore project that was finally launched after years of hesitations and expects to see the first drillings by the end of the year. The project faces hurdles from environmental groups concerned…