The Romanian banking system stability is threatened by the recent introduction of the “tax on greed,” which will significantly affect solvability and profitability of the banks and worsen things for the weaker ones, according to the country report for Romania issued by the European Commission (EC) on Wednesday. In the...
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The Romanian mergers and acquisitions market registered a total of 122 announced transactions in the first half of 2025, with a value exceeding EUR 2.7 billion, marking a slight increase of 6% in volume and 4% in value compared to the same period last year, according to an analysis by George Ureche, partner at PwC Romania. […]
Arrivals recorded in tourist accommodation structures in Romania, including apartments and rental rooms, in the first five months totaled 4.49 million people, up 0.8% compared to the same period in 2024, according to data from the National Institute of Statistics. Of the total number of arrivals during this period, Romanian tourists accounted for 80.8% and […]
Renowned Romanian mountaineer Horia Colibășanu reached the summit of Nanga Parbat (8,125 meters), the ninth-highest mountain on Earth, on Friday morning, July 4, marking his 11th successful climb of a peak over 8,000 meters. The ascent represents a major milestone in his ongoing quest to conquer all 14 of the world's eight-thousanders. Colibășanu's expedition began […]
UiPath (NYSE: PATH), a global leader in agentic automation, today announced that it has named Romanian Olympic swimming champion David Popovici a Global Ambassador. In this capacity, Popovici will be attending and speaking at several UiPath events globally. The partnership, spanning four years, will support the young athlete throughout his preparation for the biggest European […]
Confident Agency, an independent full-service communications agency with offices in Bucharest and Barcelona, has achieved international B Corp Certification, becoming the first agency in Romania and in Central and Eastern Europe to join the global B Corp movement. This milestone marks a turning point in the agency’s journey and in the regional creative industry. Confident […]
Romanian star Simona Halep will bid farewell to professional tennis in front of her home crowd on June 13, 2026, during the Sports Festival in Cluj-Napoca. Organizers have confirmed the date of her official retirement match, which will take place at BTarena and serve as the highlight of the festival’s seventh edition,
