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Automobile Bavaria Group and MHS Truck & Bus Group announce positive financial results for 2016

February 7, 2017

The business managed by the President of MHS Holding, Mr. Michael Horst Schmidt, including the group of companies Automobile Bavaria Group, MHS Truck & Bus Group and Schmidt Gruppe Deutschland, has recorded increases in all segments in 2016. The total turnover of the three groups of companies has increased by EUR 64 million compared to […]

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Former Romanian prime minister Dacian Cioloș appointed honorary advisor to interim president

Romania’s interim president Ilie Bolojan is set to appoint former prime minister Dacian Cioloș as honorary advisor starting March 20, according to an announcement from the Presidential Administration. He will be responsible for involvement in coordinating and monitoring the implementation of Romania’s strategic partnerships. Dacian Cioloș served as the prime minister of the technocratic government between […]

Legendary pianist Martha Argerich on stage for two concerts at Enescu Festival in Romania

One of the most acclaimed and highly regarded pianists in the world, Martha Argerich, will return to the stage of Romania's George Enescu International Festival for two concerts in August and September. More specifically, on Sunday, August 31, Martha Argerich will perform at the Palace Hall, interpreting Piano Concerto No. 1 in C major, Op. […]

Romania still tops EU road fatality statistics despite decline, EC report says

Romania still holds the highest road fatality rate in the European Union (EU), with 77 deaths per million inhabitants, despite declines of 4% in 2024 compared to the previous year and 21% compared to 2019, according to preliminary figures published by the European Commission (EC) on March 18. The EU average was 44 road deaths per […]

Taste of Transylvania holds underground edition at Romania’s Praid Salt Mine

Salina Praid, one of Europe's largest salt mines, will host Romania’s first underground gastronomic festival, Taste of Transylvania Underground, from March 28 to 30. The event will showcase top chefs from Romania and Hungary, including Michelin-starred restaurants, in an extraordinary setting 100 meters below ground, local news agency

InterCapital lists ETF tracking Slovenia’s main stock market index on Bucharest Stock Exchange

On March 18, InterCapital Asset Management (ICAM), the largest independent investment manager in Croatia, listed its second ETF (Exchange Traded Fund), tracking Slovenia’s main stock market index.  The ETF’s full name is InterCapital SBITOP TR UCITS ETF and it trades on the Bucharest Stock Exchange (BVB) under the ticker symbol ICSLOETF, replicating the SBITOP TR […]

Bucharest Coffee Festival holds 2025 edition this weekend

Bucharest Coffee Festival returns this weekend, from March 21 to 23, at Hala Laminor, bringing together coffee professionals and enthusiasts from Romania and abroad. The 2025 edition will host over 200 exhibitors, including producers, roasters, and distributors, across a 5,000-square-meter space. Attendees can explore a wide variety of specialty coffee, accessories, and brewing equipment, with […]