At the Victoria Governmental Palace on Wednesday, Prime Minister Mihai Tudose welcomed French ambassador in Bucharest Michele Ramis, highlighting the “very good” political and economic cooperation between Romania and France, adding that there is a wish for the Romanian-French common cultural values and visions to acquire a “more vigorous” reflection. “We have a very good […]
Romania’s state-owned electricity producer Hidroelectrica has launched a RON 158 million contract for the construction of the Tudor Vladimirescu photovoltaic park in Brăila County, Energy Tehnologies & System documents show, as reported by Profit.ro. The 45 MW project has been...
Olvia Investments, a Cyprus-registered real estate investment company within the Island Oil Holdings group, is seeking to acquire Green Port Operator, a port logistics firm in Constanța, with plans to build a liquid products terminal in the Black Sea port,
Romania’s Q2 GDP is expected to show a mild contraction of -0.1% q/q and -1.8% y/y in Q2, due to weak confidence and base effects, Erste Group says in a research note. Romania’s statistics office will announce flash Q2 GDP data on Thursday, August 14. The 1.8% y/y decline expected by Erste for the country’s economy […]
Romania's trade deficit has contracted by 15% y/y to under EUR 2.4 billion in June after the 8% y/y decline in May, driven by a moderate (+0.6% y/y) rise of imports and a reasonable (+6.3% y/y) rise of exports. The cautious private and public consumption has visibly impacted imports. But the lower crude oil prices […]
Artist Amalia Verzea will hold her first solo stained glass exhibition in Romania at ARCUB – Hanul Gabroveni in Bucharest. Titled "Arta vitraliului la 360°", the show runs from August 21 to September 21 and will present more than three decades of the artist’s work, created in studios in both Italy and Romania. The exhibition […]
When office tenants talk about Bucharest’s Central Business District (CBD), they still instinctively point to the glass canyons around Piaţa Victoriei and Aviatorilor. But a new, future-proof CBD has been emerging in the last 10 years just 2.5 kilometers west of Victoriei, in the area around the Basarab overpass and Bucharest’s biggest technical university. October […]
