Romanian Government and Proprietatea Investment Fund are to capitalize Romanian Postal Company at 50 million euros, in order to pay its outstanding taxes and debt and sell a minority stake on the stock market, Chair of the Competition Council Bogdan Chiritoiu said on Saturday. “We’re preparing a capitalization of the Romanian postal Company. The Government […]
Families interested in providing their children with a multicultural education are warmly invited to attend the Open Day at Deutsche Schule Bukarest (DSBU) on March 1, from 10 AM. The event will take place at the school’s campus located at 20G Coralilor Street, Bucharest. Founded in 2007, DSBU has grown significantly and, since 2012, has […]
Far-right opposition parties AUR, SOS Romania, and POT submitted to parliament a no-confidence motion against prime minister Marcel Ciolacu's government on Tuesday, February 25. USR, also in opposition, did not sign the motion. The document initiating the no-confidence motion was signed by 154 parliamentarians from AUR, SOS Romania, and POT, Europa Libera Romania reported....
Romania's mergers and acquisitions (M&A) market maintained strong momentum in 2024, securing its position as the second most active in Central and Eastern Europe (CEE), according to an analysis by Deloitte Romania. With 151 transactions of over EUR 5 million, whose total estimated value is between EUR 5.7 and 6.1 billion and EUR 5.2 billion, […]
Footprints AI, a Romanian technology company developing and commercializing an advanced retail-media and retail-data-insights platform, has attracted a EUR 2.3 million investment to support its international expansion and accelerate technological development. The funding round was led by Catalyst Romania, with a contribution of EUR 1.5 million. SeedBlink, the European equity crowdfunding platform, also contributed to […]
Romania's national airline Tarom said that the announced strike of Greek air traffic controllers, which is set to last 24 hours from February 27 at 22:00 until February 28 at 21:59, will also impact its schedule. Thus, the air carrier stated that flight RO273 between Bucharest and Athens on Friday, February 28, will be canceled. […]
Authorities in Romania have uncovered alarming conditions in over 250 care homes for the elderly and people with disabilities, including minors, following a series of inspections led by the National Authority for Consumer Protection (ANPC). The checks, carried out in collaboration with several state institutions, revealed severe violations of hygiene and food safety regulations. Inspectors […]
