The manufacturer of household appliances Arctic opens in southern Arges county a regional spare parts hub that will supply 23 countries, as part of the Arcelik group's development strategy in Romania and the region, according to a company release.Located in Cateasca, Arges county, near the Pitesti-Bucharest highway (A1), the new warehouse has an area of 10,000 square meters and a storage capacity of 11,500 cubic meters. It became fully operational at the end of March and includes offices and functional areas for new employees.The hub will serve in the first phase 15 countries in the European Union and 8 outside the community bloc. The network will expand to include other European countries."The new regional hub established in Arges is still a proof of our commitment to Romania and of the special position it enjoys within the Arcelik group. Romania has a strategic role, at the intersection of three major markets, which makes it ideal both as a production hub and as an important center for coordinating logistics activities. At the same time, the opening of this warehouse is in line with our sustainability strategy, focused on reliable products with a high degree of repairing and on reducing the carbon footprint," said Murat Buyukerk, Arctic's Chief Executive Officer.The center will provide spare parts for all products sold by Arctic and Arcelik, mainly for the categories of refrigerators, washing machines, dishwashers and air conditioners.The pieces come from the two Arctic factories in Romania, Gaesti and Ulmi, from five Arcelik factories in Turkey and in China.
The National Bank of Romania (BNR) ended 2024 with a profit of roughly RON 3.8 billion (EUR 760 million), a 58% increase compared to the previous year, despite the operations it performed to maintain the national currency's stability. The figures, published in a report on Monday, June 23, show that operating costs for 2024 were […]
Over half of Romanians trust the United States and the United Kingdom, according to the Informat.ro - INSCOP Research Barometer conducted between May 26–30, 2025. Only 11% trust Russia, with higher levels of trust from among far-right voters of the Alliance for the Union of Romanians (AUR) party. The United States is trusted by 52.8% […]
Prahova County launched construction on a major cycling infrastructure project aimed at connecting local vineyard towns and promoting green mobility and sustainable tourism. The initiative, titled “Establishment of Bicycle Lanes on Bachus’s Route,” represents an investment of over RON 25 million, with RON 21 million coming from non-reimbursable funds provided by the Environmental Fund Administration. […]
Forvis Mazars, the international audit, tax and advisory services partnership, is pleased to announce the launch of its International German-Romanian Desk, an initiative aimed at addressing the demand for integrated cross-border tax and legal support between Germany and Romania. The Desk combines a highly qualified German team of lawyers with an interdisciplinary Romanian team of […]
Last week, the BBC reported that Romanian authorities have launched an investigation into Tristan Tate, brother of controversial internet personality Andrew Tate, over allegations he broke election laws by posting political content on social media during the recent presidential elections. The investigation, opened by the Ilfov county police according to the British newspaper's sources, is […]
Bucharest is facing growing environmental challenges, with traffic-related air pollution, shrinking green spaces, and worsening climate impacts threatening the health and well-being of its residents, according to the latest “State of the Environment in Bucharest” report released by the Bucharest Community Foundation through the Environmental Platform for Bucharest. For example, air pollution has already reached […]
