The 24th edition of the Christmas Trees Festival will be launched by the Salvati Copiii organization on Wednesday, at the National Art Museum of Romania.According to a press release from the organizers sent on Monday, the fir trees, unique creations, which will be auctioned for the cause of vulnerable children, will be presented for the first time at the National Art Museum of Romania, during a conference on the biggest charity event of the year."The solidarity of great people around children, of those who represent not only the joy of the present, but also the future, the world of tomorrow, is what we have more secure, more certain and more hopeful at the end of a year marked by uncertainties and insecurities, by political and social disturbances, economic difficulties. A better world and future have always been built through knowledge and education, and when these are valued and assumed, in a solidarity effort, at the level of society, things change, and the projections become reality. This is what Salvati Copiii has been doing through the Christmas Trees Festival for over 20 years: it gives voice and power to vulnerable children who, once supported at at the right time, they know how to capitalize on the support they receive. For over 20 years, we have been assiduously implementing integrated programs that have become models of best practices in breaking the cycle vicious of educational poverty. We will continue with the same tenacity until the last child who needs help," according to Salvati Copiii.In the 23 previous editions, more than 9 million euros were collected, money intended for the access to education of vulnerable children.
OMV Petrom, the second largest company listed on the Bucharest Stock Exchange, announced on September 16 that the Board of Directors proposes to shareholders the distribution of a special dividend in a gross value of RON 0.0200 per share, equivalent to approximately RON 1.246 billion (EUR 250 million). The company’s market capitalisation reached RON 53 […]
However, prices and lack of information discourage Romanians from making such purchases. More than half of Romanians (52%) say they adopt sustainable behavior in their daily lives and 53% frequently buy sustainable products, according to a study conducted by the BUCHAREST CENTER FOR ECONOMY & SOCIETY (CES Bucharest). The most sought-after sustainable products are food, […]
Romanian telecommunications group Digi Communications said on September 16 that it does not intend to cede control of any of its subsidiaries, including Digi Spain, amid reports that it is preparing the Spanish unit for a stock market debut in 2026, Profit.ro...
Dragged down by the Dacia factory, Romania's car production fell by 2.7% y/y to 346,800 units after the first eight months of this year. Ford Otosan surpassed Renault's subsidiary in both July and August, marking the largest output this year. The report of the Romanian Automobile Manufacturers Association (ACAROM) on the car production of the […]
Tanczos Barna, deputy prime minister of Romania and former minister of finance, announced that the government will soon come up with tax credit solutions for entrepreneurs who invest in research and development and, moreover, is considering granting facilities to all those who come with new investments, especially in the area of technology and industrial production. […]
Finance minister Alexandru Nazare said on September 16 that Romania will end 2025 with a fiscal deficit that will exceed 8% of GDP, but assured that the new target is currently being negotiated and discussed with the European Commission. The EC is expected to review Romania's budgetary conduct under the Excessive Deficit Procedure on October […]
