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Experience exquisite dining and artistic ambiance at Olea, where every meal is an occasion

August 13, 2024

As the sun begins to set over the Middle'terranean horizon, casting a golden glow over our outdoor oasis, a sense of anticipation fills the air at Olea. Our guests gather, sipping on fine wine and savoring the exquisite flavors of our culinary delights, all while waiting for a moment that has become the highlight of their evening - the Fire Ritual. 

Every Friday and Saturday, our DJ plays a special song, a melody that has become synonymous...

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Poland’s largest bank officially enters Romanian market

The corporate branch in Romania of PKO Bank Polski, the leader of the Polish banking system, will begin its operational activity on the local market in 2025, according to Ziarul Financiar. The Romanian daily announced in October 2023 that PKO Bank, the largest bank in Poland, with assets equivalent to 70%...

Romanian commission to screen takeover of E.ON subsidiary by Hungary's MVM amid alleged security risks

The Romanian Ministry of Energy announced that it notified the Foreign Direct Investment Review Commission (CEISD) regarding the transaction through which Hungary's state-owned energy group MVM intends to acquire the gas and electricity supply division of E.ON Energie Romania,...

Romania keeps cautiously the monetary policy rate at 6.5%

At the monetary policy meeting of January 15, Romania’s central bank (BNR) maintained the monetary policy interest rate at 6.5%, which was in line with expectations.  Amid persistent inflation risks and with no budget plan drafted by the government, the monetary authority thus prioritized a cautious stance over the need to encourage economic growth.  “We […]

Romania's automobile production up 10% y/y to record 560,000 in 2024

Ford Transit & Tourneo Courier, Ford Puma, and the new Dacia Duster led Romanian car production to a record volume of over 560,000 cars, according to calculations by Ziarul Financiar based on information from the car market and Ford Otosan's stock exchange report.  The volume thus brings a 10% increase...

Romania's industry kept losing ground for second consecutive year in 2024

Romania's industrial output in the 12 months to November 2024 contracted by 2% y/y, according to data published by the statistics office INS.  The contraction was slightly softer (-1.6% y/y) in the core manufacturing sector, with the segment of utilities (-4.4% y/y) dragging down the overall performance. Most likely, the industrial output in Romania ended […]

Weekend calendar: Filmikon, concerts, exhibitions

A film festival presenting films awarded by ecumenical juries of international festivals and an exhibition centering on the book as an art object are among the options on the Bucharest agenda. In Bucharest: Filmikon January 18 – January 24 The second edition of the event screens a selection of films awarded over the years by […]