The road traffic is heavy on several important thoroughfares in Bucharest where adds up to the high number of cars to cause more problems, the Bucharest Road Police Brigade announces, according to Mediafax. Heavy traffic is experienced on Heroes’ Boulevard, Razoare Street, Carol I Boulevard, Union Piata – Victory Piata, Splaiul Independentei towards Union Piata, Bucur Obor - Stefan cel Mare Road - Calea Dorobantilor, South Piata and Iuliu Maniu Boulevard.
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 […]
Norofert (BVB: NRF), a producer of organic inputs and supplier of biotechnology for agriculture, listed on the AeRO market of the Bucharest Stock Exchange, announced its turnover rose by 12% y/y to RON 45 million (EUR 9 million) in 2024. The company also said it returned to profit in 2024 (RON 3 million), supported by […]
Telecommunications operator Digi Romania, the local subsidiary of the Romanian group Digi Communications (BVB: DIGI), has secured two export credit loans totaling EUR 54.76 million to expand its network infrastructure in Romania and Portugal, according to a note to investors sent by Digi. The loans, which have a four-year maturity, will commence on April 30 […]
