Arabesque, the main supplier of building materials in Romania, opened on March 24, in Pitesti, the largest Arabesque store for physical persons. The investment, which totals around EUR 10 M, has created over 100 new jobs. Over 25,000 products are exhibited on a total surface area of 9,000 square metres, ranging from building materials, finish, […]
Romania is set to take command of the Black Sea Mine Countermeasures Task Group (MCM BS TG) for the next six months, with a formal ceremony scheduled for Wednesday, July 9, in the Port of Constanța. The Romanian Naval Forces will assume leadership from their Bulgarian counterparts as part of a regional naval initiative involving […]
Former president Klaus Iohannis, former prime minister Marcel Ciolacu, and former Senate president Nicolae Ciucă were reportedly warned that Romania risks default if measures to address its growing budget deficit were not taken, according to an investigation by Europa Liberă Romania. Nevertheless,...
Romania’s far-right Alliance for the Union of Romanians (AUR) has surged to a record-high 40.5% in voting intention for parliamentary elections, according to the second edition of the Informat.ro – INSCOP Research Barometer conducted between June 20–26. The poll shows AUR clearly leading the political landscape,...
Arctic Stream SA, a Bucharest Stock Exchange-listed provider of IT infrastructure and cybersecurity integration solutions (BVB: AST), has announced the appointment of Florin Mărginean as its new Chief Executive Officer, effective July 7. Mărginean succeeds company founder Dragoș Diaconu, who will remain involved as Chairman of the Board of Directors. Mărginean brings over 25 years […]
Unionists from the Sanitas Federation and several education sector federations will protest on July 7 in front of the Romanian Parliament against the fiscal measures proposed by the government, which they describe as austerity policies affecting public sector workers, Agerpres reported. Sanitas,...
Defic Globe, a subsidiary of Turkish energy conglomerate YEO Technology, has acquired 15 project companies in Romania developing renewable energy facilities with a combined capacity of 219 MW, Profit.ro reported. The portfolio,...
