The Romanian Army recently confirmed that it has found fragments “which seem to come from a drone” on agricultural land in Insula Mare a Brăilei in Brăila County, south-eastern Romania.
The Army press release does not specify either the type of drone or how it reached over 20 kilometers inside Romanian territory, according to Biziday.
"On the evening of March 28, 2024, fragments were identified which seem to come from an aerial...
Emil Sâncrăian and Bogdan Haș, two former managers in top companies in the pharma and medical device industry, have started a business that will bring new perspectives to the medical industry in Romania. The two entrepreneurs have set up Global Med Care, a project that promises to redefine standards in the Romanian medical field. Focusing […]
Romanian prime minister Marcel Ciolacu stated during Thursday's government meeting that "some retailers have reduced product quantities but kept prices equally high.” He asked state authorities and regulators to conduct checks into the matter. The executive will also implement regulations following the French model, with visible indications of quantity reductions and modifications in terms of […]
New mortgage loans worth approximately EUR 1.1 billion were granted in the first three months of 2024, up about 29% compared to the level of Q1 2023, according to a market report released by financial consultant SVN Romania | Credit & Financial Solutions. Refinancings, conversions, transfers, and restructurings were excluded from this volume. In total, […]
The European Bank for Reconstruction and Development (EBRD) and the Bucharest Stock Exchange (BVB) will work together to review the Romanian market’s corporate governance code, aligning it with recent regulatory changes and updated global standards. The initiative is designed to help listed companies improve their governance and reporting quality. The reviewed Code will be aligning […]
Thing, the beloved character on Netflix’s hit show Wednesday, will be played by Romanian actor Victor Dorobanțu in season 2 as well. The first season of the show was shot in Romania, but production for the second season moved to Ireland. Thing was chosen by the production team to be the "influencer" sharing all the […]
Real estate investor-developer Hagag Development Europe said that it took over the Obor Est Residence residential project located in eastern Bucharest, on the former Izolatorul industrial platform, and relaunched it under the Hagag brand. Reintroduced on the market as H East Residence, the project is currently under development on a land plot surpassing 17,500 sqm […]
