BYD, a major carmaker of electric vehicles and a challenger to the US-based Tesla, is preparing to enter Romania and has already recruited a Romanian, Andrei Duică, to lead operations.
The company headquartered in Shenzhen, Guangdong province, will have a representative office in Romania starting in April 2025, with 20 car dealerships and 7 electric and plug-in hybrid models available for sale. By the end of the year, the network will expand to 30 dealerships, with plans to reach 60...
President-elect Nicușor Dan officially resigned on Friday, May 23, from his role as general mayor of Bucharest. Also, in the extraordinary session of the Bucharest General Council (CGMB), council members appointed deputy mayor Stelian Bujduveanu (Liberal, PNL) as interim mayor. Bujduveanu received 38 votes in favor, 8 against, and 6 annulled ballots, according to
Vastint Romania has officially launched the second phase of its flagship urban regeneration project, Timpuri Noi Square, in Bucharest. The new development will add over 60,000 square meters of gross leasable area (GLA), doubling the office and commercial capacity of the complex to a total of 112,000 sqm. The expansion includes two new Class A […]
Roberta Metsola, the president of the European Parliament, received the Timișoara Award for European Values on Thursday, May 22. The prize honors figures who support European values. A jury of five gave Metsola the award. Iulia Motoc - a judge at the International Criminal Court, Cristian Măcelaru - music director of the National Orchestra of […]
Romania has received two additional F-16 Fighting Falcon aircraft from Norway, marking the latest delivery in the country’s ongoing effort to modernize its air force. The jets landed on Thursday, May 22, at the 71st Air Base “General Emanoil Ionescu” in Câmpia Turzii, the Ministry of Defense announced. The delivery is part of a broader […]
During the past years and increasingly in the last months, Romania was subject to a sustained campaign of manipulation and informational interference of foreign origin aimed at influencing the country's public opinion and, more recently, its elections, according to a Romanian Foreign Ministry note. This campaign is still ongoing and has all the hallmarks of […]
There was no retail project completion in Q1 in Romania, but the delivery pace significantly picked up in April and May, when roughly 150,000 sqm of new schemes opened (including one super-regional shopping center – Mall Moldova – in Iasi). This area represents 80% of the entire 2024 new supply, according to data from real […]
