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The new European Commission may start working next year: Romanian MEP Adina Valean, accepted for European Commissioner

December 5, 2019
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Romanian airline AnimaWings introduces all-inclusive service packages

AnimaWings, the Romanian airline founded in 2020, has introduced new all-inclusive service packages on both international and domestic flights, marking what the company describes as a first in its onboard offering. The packages, named Priority All Inclusive and Priority All Inclusive Plus, combine baggage, meals, drinks, premium seating, and airport priority services into a single […]

M Core expands in Romania with new retail park in Orăștie

Property developer M Core has opened M Park Orăștie, a new retail park developed on a 23,000 sqm plot in an established commercial area of the Romanian city. The project delivers around 5,500 square meters of single-level retail space, designed to accommodate a mix of fashion, homeware, electronics, and everyday essentials retailers. The company said […]

Romania readies to power Black Sea AI Gigafactory project with new nuclear reactors

More than 80% of the electricity production capacity of the new nuclear reactors in the works in Romania could power a Black Sea AI Gigafactory project, according to a plan laid out by the government.  Romania has already secured financing and partners to develop units 3 and 4 at the Cernavodă nuclear power plant, with […]

Institute for study of communist crimes urges Romanian authorities to act against rising pro-totalitarian nostalgia

The Institute for the Investigation of the Crimes of Communism and the Memory of Romanian Exile (IICCMER) has issued a public appeal to president Nicuşor Dan and prime minister Ilie Bolojan to demonstrate “firmness in decision-making” in order to counter what it describes as an “increasingly insidious phenomenon of pro-totalitarian nostalgia,”

Real estate developer AFI secures EUR 537 mln refinancing package for Romanian projects

AFI Romania, part of the leading real estate development, management, and investment company operating across Central and Eastern Europe, AFI Group, announced that it secured a EUR 537 million refinancing package for three major projects in its portfolio: AFI Cotroceni, AFI Brașov, and AFI Ploiești. The three projects included in the refinancing are among the […]

Hidroelectrica faces scrutiny over alleged preferential electricity supply to politically linked firms

State-controlled Hidroelectrica (BVB: H2O) allegedly supplied electricity for years to politically connected companies and religious institutions without issuing invoices or collecting payments, according to public data analysed by investigative platform Recorder. The supplies...