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Companies that rekindle Romanian industry: Gasoil Group – professionalism and perseverance are the trump card of our success (I)

April 1, 2015

Interview with CEO Radu Mircescu   * Gasoil is a company with 100 per cent Romanian capital * Romania’s oil resources and reserves are important, being estimated at USD 150 bln to USD 250 bln * Romania is far too dependent on two oil companies * What is needed is a free market and regulations [...]

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Romania among most favorable EU countries for property taxation, report finds

Romania has one of the lowest levels of property taxation in the European Union, with annual payments averaging under EUR 100 per person - more than seven times below the EU average, real estate consultancy Cushman & Wakefield Echinox said in an analysis based on Eurostat data. The study found that Romania collects property tax […]

Bucharest Days 2025 brings dozens of events this weekend

The City Hall is set to hold a series of events dedicated to the Bucharest Days celebration on the weekend of September 20-21, including open-air concerts, theater performances, film screenings, exhibitions, and guided tours. The event starts with "Open Streets - Bucharest. Urban Promenade," which will bring to life this anniversary weekend on Calea Victoriei […]

Romanian military aircraft evacuates 10 Palestinian patients from Gaza

A Romanian Air Force C-130 Hercules aircraft evacuated 10 Palestinian patients from Gaza on Wednesday, September 17, in a humanitarian mission coordinated with European and international partners, Romania’s Department for Emergency Situations (DSU) said.  The patients, accompanied by 28 relatives, were flown from Israel’s Ilan and Asaf Ramon International Airport to Bucharest’s 90th Airlift Base […]

One United Properties to bring hotel brand The Hoxton to Bucharest

Romanian developer One United Properties (BVB: ONE) has signed a memorandum of understanding (MOU) with lifestyle hospitality company Ennismore to open a hotel under the brand The Hoxton in Bucharest.  The Hoxton Bucharest will be located on Academiei Street, close to the University of Architecture. The hotel will rise on the site of three historic […]

Support for voluntary military service drops in Romania

Fewer than three out of four Romanians have a good opinion about the introduction of voluntary military service, a ratio slightly lower compared to a decade ago in 2015, the percentage being now lower among the AUR and PSD electorate, according to an ISCOP Research survey published on September 17 in the context of Russia […]

Romania allows US to bring more troops to Black Sea base for Middle East monitoring

Romanian president Nicusor Dan informed the Parliament that he approved a request by the United States to bring additional forces to Mihail Kogalnicanu base at the Black Sea, in light of the rising tensions in the Middle East, according to