Romanian traditions and honey products are the focus of fairs opening in Bucharest, alongside a varied offer of films, concerts, and exhibitions.
Austria remains unwilling to lift its veto on removing border controls for Bulgaria and Romania at land borders, as stated by Acting Interior Minister Gerhard Karner ahead of an EU interior ministers' meeting in Luxembourg. The meeting will review the progress of both countries' bids. Karner acknowledged that while both nations are making progress, more work is needed before Austria can support their Schengen accession. The EU aims to resolve the matter by the end of the year, but it requires Austria’s agreement to achieve the unanimous vote necessary for the two countries to join the Schengen zone. Hungarian Prime Minister Viktor Orban also noted that consensus on Bulgaria and Romania’s accession is still lacking, with another effort planned for later in the year.
Romanian traditions and honey products are the focus of fairs opening in Bucharest, alongside a varied offer of films, concerts, and exhibitions.
Militari Residence, the largest residential agglomeration in Romania located in Bucharest's suburb Chiajna, developed by Iulian Robu and Constantin Căpățână (which gave the name to the agglomeration), will add another eight blocks of apartments, according to Profit.ro. ...
State-controlled hydropower group Hidroelectrica (BVB: H2O), the largest electricity producer in Romania, expects its net profit to decrease by 13% y/y to RON 3.55 billion (EUR 700 million) in 2025 despite the expected 2% y/y increase in revenues to RON 10.3 billion, according to the company's budget sent o shareholders for endorsement. Of this profit, […]
Trinity Investments Management, a private equity fund with Romania’s Scandia Group as anchor investor, was set up focusing exclusively on investments in the food industry, primarily in Romania and Poland, which together account for 57% of the region’s population and 53% of its GDP. “Trinity Investments focuses on creating long-term value. We will invest in […]
Net investments in Romania's national economy totaled RON 193 billion (EUR 38.8 billion) in 2024, marking a 4.9% decline compared to the previous year (in volume terms), according to data published by the National Institute of Statistics (INS). The decrease was primarily driven by a 10.8% drop in equipment purchases, including transport means, and a […]
Automobile production in Romania fell by 14% in the first two months of 2025 compared to the same period in 2024, with total output reaching 85,260 units, according to data from the Romanian Automobile Manufacturers Association (ACAROM). Automobile Dacia produced 48,582 vehicles, while Ford Otosan manufactured 36,678 units. While the slowdown at Dacia seems to […]