The COVID-19 crisis is expected to accelerate the consolidation of the banking sector in the Central and Eastern Europe (CEE) in the following years, as smaller players might not be able to weather the profitability and capital challenges, according to the latest edition of Deloitte CEE banking M&A study, conducted in 16 countries, including Romania. Robustness is paramount amid economic shocks and the CEE banking sector is still very fragmented, with a number of players with marginal market share, the study explains.
Global media icon Oprah Winfrey will speak in Romania for the first time next year as the leading guest at the Brand Minds 2026 business summit, organizers announced. The event, one of Central and Eastern Europe’s largest business conferences, will take place on September 16–17 at Romexpo in Bucharest and is expected to attract more […]
An inmate from the Târgu-Jiu Penitentiary, in southern Romania, managed to access the IT system and modify the way sentences were executed, detention conditions, and other rights for 15 other inmates in other prisons. The National Union of Penitentiary Police Officers (SNPP) presented a chronology of events showing that the inmate allegedly remained logged into […]
Foodservice operator Sphera Franchise Group announced plans to open five new Hard Rock Cafe restaurants across Romania and the Republic of Moldova over the next five years, beginning in 2026. The new locations will be launched in Brașov, Timișoara, Iași, Cluj, and Chișinău. The group has acquired the franchise rights from Hard Rock International and […]
The European Film Academy revealed the list of candidates for the 2026 awards on Tuesday, October 14, presenting the feature films, documentaries, and animated films that qualify for next year’s event, which will take place in Berlin on January 17. Two of the shortlisted productions are from Romania. The shortlist includes 44 feature films, 15 […]
Romania’s national pavilion at Expo 2025 Osaka has welcomed more than 981,500 visitors over its 184 days of operation, the Ministry of Foreign Affairs (MAE) said on Tuesday, October 14. The pavilion, themed Romania – Land of Tomorrow, showcased the country’s cultural richness, innovation, and creativity through exhibitions, performances, and interactive programs. Over 760 Romanian […]
According to a press release from the Bucharest City Hall, violating the ban on circulation for supply, courier, and sanitation activities during peak hours in the city will constitute a misdemeanor and will be sanctioned with fines ranging between RON 3,000 and RON 5,000 (EUR 1,000), applied by the General Directorate of Local Police and […]
