ASI Alpaco has announced the relocation of its manufacturing operations from Belgium to Romania, setting up a new facility in the Bucharest-Ilfov region. The company, the exclusive representative of ASI Group in Europe and the UK, aims to become the leading regional manufacturer of washroom cubicles, lockers, and other medical furniture solutions made from compact high-pressure laminate (HPL).
“For us, this is more than just a relocation. It marks the beginning of a new chapter in a...
Romania's underground economy reached 13.1% of GDP in 2023, the highest level among European Union member states, Ziarul Financiar reported on June 20, citing data from consultancy firm EY. Despite this leading position within the EU, the figure marks a significant improvement compared to previous decades....
Homedit, a Romanian brand of premium furniture and home décor, announces the official opening of its first showroom, located in an interwar house in central Bucharest ("The Bamboo House”, located at No.3, Dumbrava Roșie St.). With a total investment of approximately EUR 12 million, the business was founded in 2016 as an online store by […]
The 32nd edition of the Sibiu International Theatre Festival (FITS) begins on Friday, June 20, bringing over 5,000 artists from 82 countries to the city. The events will take place over ten days and will transform the city into an "open-air stage, with large-scale productions, impressive installations, parades, fire shows, live music, aerial dances, and […]
The well-known science and nature channel Discovery is currently marking four decades since its global launch in 1985 with a special series titled "Discovery Changed My Life,” bringing testimonies from personalities whose vision was shaped by Discovery. Among those featured is also Romanian mountaineer and conservationist Alex Găvan. The series premieres on Sunday, June 22, […]
Meta Estate Trust (MET), a holding company operating in the real estate sector, has invested approximately EUR 2 million in a new retail park currently under development in Ciolpani, a commune located on the Bucharest–Ploiești corridor (DN1), it said. The project is scheduled to be completed and handed over to tenants this year, with an […]
Romania benefits from a series of favorable factors that facilitate the growth and expansion of data center capacity and could emerge as a developing market, according to an analysis conducted by the real estate consultancy company Cushman & Wakefield Echinox. A diversified energy mix, with over 50% of energy production coming from renewable sources, along […]
