Romania has not asked for the activation of the EU civil protection mechanism up to now, EC spokesperson Ferran Tarradellas told Hotnews.ro. Authorities in Bucharest can request support from the EU's centre for emergency situations. The help would consist in technical aid, such as inflatable dams or electricity generators etc., which could be provided by the member states. Plus, specialists from EU member states could assist the Romanian authorities in their fight against floods.
One United Properties (BVB: ONE), the leading green developer of residential, mixed-use, and office real estate in Romania, targets a consolidated turnover of EUR 309.8 million for 2025, marking the fifth consecutive year in which the company is expected to generate revenues exceeding EUR 200 million (RON 1 billion). The result from operating activity is […]
Bear encounters continue to be an everyday reality to residents of mountain regions in Romania. This fact was made even more obvious after the head of the mountain rescuers in the town of Predeal, Brasov county, was attacked by a bear on Sunday evening, March 30. Meanwhile, the locals of Busteni, in neighboring Prahova county, […]
The Romanian Cycling Federation, together with the National Sports Agency and Auchan Romania as the main partner, announces the organization of the 57th edition of the Tour of Romania. The most important local sporting event of the year will take place from September 10-14, 2025, featuring a remarkable route through the southeastern part of the […]
Portugal is the guest country at this year's edition of Bookfest International Book Fair, which will take place between May 28 and June 1 at Romexpo, in Bucharest. The fair will be an "opportunity for Romanian readers to rediscover Portuguese literature and explore the Portuguese cultural diversity through the books, authors, translators, and publishers that […]
Romania’s national tax collection authority (ANAF) has identified over 22,000 individuals who rented out properties on Airbnb and Booking, earning a combined income of RON 260 million (EUR 52.3 million) between 2023 and 2024, Ziarul Financiar reported. According to ANAF, only 20% of these operators have declared...
Romanian investment fund Fondul Proprietatea (BVB: FP), having in its portfolio stakes in companies such as Salrom and Aeroporturi Bucureşti, announced that, following the selection process for a new alternative investment fund manager, the company has shortlisted two candidates: an AIFM based in Luxembourg, in partnership with a global infrastructure asset manager, and an AIFM […]
