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Investment fund Booster Capital prepares for first deal in Romania

March 19, 2025

Booster Capital, a private equity fund launched in late 2024, has reached an agreement to acquire a significant stake in Bisbags, one of Romania's leading manufacturers of paper bags and packaging, according to

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Consumer Protection Agency withholds 23 trams from circulation in Bucharest

Romania’s Consumer Protection Agency, or ANPC, decided on Thursday, March 20, to stop 23 trams from going on route due to multiple irregularities. Among the issues discovered were the lack of hygiene in the means of transport, damaged bellows that could affect passenger safety, torn seat upholstery, and broken windshields.  The Dudești, Giurgiului, Alexandria, Militari, […]

Romania’s education ministry to test AI project

The education ministry will implement a pilot project involving the use of artificial intelligence “to optimize the activity of teachers, the learning process, and the educational process.” The announcement was made after a meeting between the education minister, Daniel David, and the management of Microsoft Romania. The ministry will designate the educational unit where the […]

Romania’s education ministry to test AI project in local school

The education ministry will implement a pilot project involving the use of artificial intelligence “to optimize the activity of teachers, the learning process, and the educational process.” The announcement was made after a meeting between the education minister, Daniel David, and the management of Microsoft Romania. The ministry will designate the educational unit where the […]

Iconic BCR Palace in central Bucharest to become 5-star hotel

The Oscar Maugsch Palace, also known as the Palace of the "Generala" Insurance Society or the BCR Palace, an iconic building located in University Square, Bucharest, will be converted into a luxury, 5-star hotel, according to the Bucharest mayor. Nicușor Dan announced that he has signed the construction permit for the restoration of the Oscar […]

Romania ranks first in number of cases closed by European Court of Human Rights in 2024

Romania ranks first in terms of the total number of cases closed in 2024 by the European Court of Human Rights (ECHR), according to the latest edition of the annual report on the execution of judgments by the institution, published on Wednesday, March 19. The annual report from the Council of Europe’s Committee of Ministers shows […]

CNBC.com announces: Auchan Romania, the only retailer in Southeastern Europe included in "50 SDG Leaders" for its sustainability innovations

Auchan Retail Romania is internationally recognized for its commitment to sustainability, being the first and only retailer from Southeastern Europe included in the "50 SDG Leaders," a collection of documentary interviews published on CNBC.com, the online platform of one of America's leading television channels. This campaign, initiated by the United Nations (UN), highlights companies that […]