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Specialist study shows automotive industry joins retail trade, IT as main engines of Romania’s economy

October 3, 2017

The automotive industry is one of the main pillars of the Romanian economy, employing over 150,000 people and having contributed 47 percent of the country’s exports in 2016, according to a specialist study released on Monday. From one year to another, the automotive industry enjoys strong profitability. In 2016, it recorded an impressive growth rate, […]

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Future of Boards – Awards Gala 2025 celebrates boards and leaders shaping the leadership of tomorrow

On October 30, 2025, Envisia will host the 3rd edition of the Future of Boards Gala. The event brings together board members, executives, and governance ecosystem partners for an evening dedicated to recognizing responsible leadership, corporate governance, and high-performing boards. The six award categories celebrate individuals and boards who, through courageous decisions and integrity, create […]

Europe’s Property Finance Market Enters a New Phase of Stability

The European real estate debt market is showing clear signs of recovery, supported by stabilized interest rates, competitive lending, and renewed investor confidence. According to AEW’s latest research, the credit financing gap across Europe is narrowing, with improved lending conditions helping to ease refinancing pressures that have weighed on the sector in recent years. Between […]

French retailer Carrefour reportedly considering selling assets in Romania

French retail chain Carrefour may want to sell its stores in Romania and exit the market, according to the French publication L’Informe. Moreover, it would also like to get rid of its operations in Poland and Argentina, according to the same source. So far, Carrefour has reportedly only analyzed a possible exit from the local […]

Few Romanians plan to increase spending this Black Friday compared to 2024, survey shows

Romanians are not looking forward to Black Friday with more enthusiasm than last year, according to a recent survey. The main reasons are economic instability and the decline in purchasing power. Around 22% of Romanians say they will not buy anything on Black Friday 2025, and only 15% of Romanians plan to spend more compared […]

Romanian elected as first woman president of European Association for Quality Assurance in Higher Education

Cristina Ghițulică, a faculty member at the Faculty of Chemical Engineering and Biotechnologies (Politehnica Bucharest), was elected as the first woman president of the European Association for Quality Assurance in Higher Education, or ENQA. Ghițulică is the director general of the Romanian Agency for Quality Assurance in Higher Education. She was elected to head ENQA […]

Bucharest National Opera announces “Dance of Velvet Steps” performance for special needs audience

The Bucharest National Opera and the Kinetobebe Association announced “The Dance of Velvet Steps,” a premiere performance for the audience with special needs, on Sunday, November 16. The show consists of a ballet performance adapted and made accessible for children and adults with disabilities.  The performance is primarily addressed to children and adults with special […]