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Secure your spot for the Pan European Exec. MBA, a World-Class Dual Degree from the University of York and the University of Strasbourg, starting November 16th – Last month for applications!

October 17, 2023

World-class executive education, two degrees from two leading European universities, three study trips, delivered in 8 countries, unique business networking opportunities, a truly international education experience, distinguished academics and business experts, diverse student body, flexible delivery mode, recognition by official international bodies, specialisation in 6 different management areas: these are only some of the many features of the...

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PwC Romania: Share of companies anticipating workforce reductions in 2025 increased

The share of companies predicting a reduction in the number of employees in the upcoming year has increased to 11% in January 2025 from 2% same time last year, according to the HR Barometer survey conducted by PwC Romania.  Fiscal measures taken by the government to reduce the budget deficit, such as the elimination of […]

Bucharest’s Veranda Mall shopping center reportedly up for sale

The Veranda Mall shopping center, located near Bucharest’s busy Obor market, is up for sale and has reportedly caught the interest of real estate investors AFI Europe and M Core, Profit.ro reported. The mall is currently owned by the Pogonaru...

Romania blocks auction sale of famous El Greco painting, aims to recover it

Romanian prime minister Marcel Ciolacu announced that a team of lawyers contracted by the government managed to block the sale of the painting Saint Sebastian by the renowned artist El Greco, which is part of Romania’s heritage. Ciolacu added that earlier this month, the government mandated lawyers to pursue the recovery through legal proceedings at […]

eMAG acquires Orange Money to expand financial services portfolio

Romania’s eMAG and HeyBlu, a financial services company owned by the eMAG group, have announced the acquisition of Orange Money by taking over 100% of its shares. The transaction is part of eMAG’s strategy to expand and diversify its financial services, the company said. “The acquisition of Orange Money is part of eMAG’s strategy to […]

Team Romania heads to European Youth Olympic Winter Festival with 20 athletes

The Romanian Olympic and Sports Committee (COSR) announced the team for the European Youth Olympic Winter Festival (EYOF) Bakuriani 2025, which will take place in Georgia from February 9 to 16. Twenty athletes will compete in four disciplines, namely biathlon, alpine skiing, cross-country skiing, and snowboarding. The biathlon team comprises eight athletes, evenly split between […]

Only a quarter of Romanian teens do enough sports to maintain good health

Only 28% of teenagers in Romania aged 11-15 engage in the minimum required level of physical activity and sports to maintain good health, according to a study conducted by the World Health Organization cited on High5 Podcast. Additionally, only 23% of them perform sufficient moderate and intense physical activities for their stage of development, which […]