Romania's central bank may need more time before delivering the first reduction in borrowing costs in more than three years as inflation isn't slowing as fast as expected and risks remain elevated, Cristian Popa, a member of the Board of Administration of the National Bank of Romania, told
Premier Energy, one of the leading providers and distributors of natural gas in Romania, announces the completion of the acquisition of CEZ Vânzare, resulting in the regional customer portfolio of the entire Premier Energy group rising to 2.4 million residential and non-residential customers. With one of the fastest growth rates in the Central and South-Eastern […]
Vladimir Lipaev, former diplomatic envoy of Russia to Tallinn, was recently appointed as the new Russian ambassador to Romania. Lipaev, who is replacing former ambassador Valeri Kuzmin, was expelled by the Estonian authorities in 2023 amidst a diplomatic conflict with Moscow, according to HotNews. Born...
Representatives of the environmental organizations Agent Green and Bruno Manser Fonds (BMF) recently urged IKEA and its investment division, the Ingka Group, to better oversee their forestry operations in Romania. The NGOs published a new report exposing what they call "the destruction caused by IKEA.” The report unveils a “consistent pattern of destructive logging in […]
Engineer Cristina Balan, who worked at Tesla in the US and has battled Elon Musk and his company through the courts, is still seeking an apology a decade after she was fired. Balan was once such a rising star at Tesla in the US that her initials were engraved on the batteries inside every Model […]
Local real estate developer River Development announced the appointment of Oana Rădulea as a new managing partner. She assumed the new position in January 2024, taking over the company's executive management from the former executive director, Liviu Birău. Oana Rădulea has over 21 years of experience in the local and international real estate development industry. […]
