Category: Uncategorized
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Romania’s industrial decline takes a break in July
Romania’s industrial output marked a marginal 0.1% y/y advance in July, while the core manufacturing industries remained constant. Compared to the average output in the base year 2021 (which makes sense economically, being the first post-COVID year), the industrial output in July measured only 95.1%. The slow decline has been constant over the past three…
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BVB Arena: Chic Bijoux and the road from a jewelry stand to a EUR 2.5 mln online business
This article series tells the stories of the 15 finalists selected in the Made in Romania 2023 program. Made in Romania is the flagship program of the Bucharest Stock Exchange dedicated to the development and promotion of the Romanian entrepreneurial environment. The program’s goal is to select and promote Romanian companies that have the greatest…
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Romanian confectionery and pastry chain Dulcinella concludes rebranding, plans expansion
Dulcinella, the Romanian confectionery and pastry business offering products with Bessarabian roots, has invested EUR 100,000 in the first unit launched after the rebranding of the network, bringing the total to 18 units. The chain plans further expansions. Dulcinella is a brand founded in 2005 in the Republic of Moldova, and since 2021 it has…
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Nearly 800 km of highways and express roads under construction in Romania, minister says
Romanian transport minister Sorin Grindeanu stated on Thursday, September 12, that there are nearly 800 kilometers of highways and express roads under construction in Romania. The minister also went into detail about the Focșani-Brăila express road, which will connect the A7 highway to the Brăila bridge and costs EUR 14 million per kilometer. “Focșani-Brăila has…
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Romanian handball star Cristina Neagu retires
Romanian handball player Cristina Neagu announced on Thursday, September 12, that she will end her 25-year career at the end of the current season. “I have decided to retire from handball at the end of this season. I made this decision a while ago; it wasn’t overnight,” Cristina Neagu said in a TV announcement. She…
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GoTech World 2024 brings over 120 speakers and 100 exhibitors to Bucharest in November
GoTech World, the largest B2B expo-conference with IT and digital solutions in Central and Eastern Europe, will hold its 2024 edition at Romexpo in northern Bucharest on November 12-13. This year’s theme focuses on how emerging technologies beyond artificial intelligence define society’s future. Internationally renowned speakers will take to the 11 stages to present the…
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‘Kneeling Oak’ in Romania’s Danube Delta to receive natural monument status
A unique 400-year-old oak of the Caraorman Forest in Romania’s Danube Delta, also known as the ‘Kneeling Oak’ due to its shape, will receive the status of natural monument, the Ministry of Environment announced. Minister Mircea Fechet kicked off the procedure, and the ministry will work with the Ivan Patzaichin Mila 23 – Rowmania Association…
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Slow tourism routes to be set up in Romania’s Danube Delta
The Ivan Patzaichin Mila 23 Association, set up to honor four-time Romanian Olympic gold rower Ivan Patzaichin, recently launched a slow tourism initiative on the Danube Delta. The project will set up 40 slow tourism routes meant to encourage visits to the area. The Association just inaugurated its first route dedicated exclusively to rowboats. The…
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Ukrainian wheat ship hit by Russian missile near Romanian waters
A Ukrainian civilian ship carrying wheat bound for Egypt was struck by a Russian missile immediately after leaving Ukrainian territorial waters, 55 km away from the Romanian town of Sf. Gheorghe. The attack was announced by president Volodymyr Zelensky on X. Fortunately, according to initial reports, there were no casualties. The Ukrainian president said he awaits…
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Food bank in Bucharest’s District 6 to open in October
Local councilors approved the establishment of the new food bank in Bucharest’s District 6, which means that the facility can open its doors in October, the City Hall announced. Until then, the authorities will furnish the location and hire the necessary staff. “The Food Bank is located at 236 Calea Giulești road, and next door,…