Banks in Romania will continue next year the process of eliminating bad credits from their balance sheets, a process that started in 2014, according to Fitch Ratings, which notes that the results of the banking system clean-up are expected in the following period. On the long term however, the efforts of cleaning-up bank portfolios should [...]
Eltra Logis, one of the leading players in the niche logistics, transportation, and warehousing market, has developed its own software solution, Rapido, with a strategic investment of EUR 800,000. The company brings a scalable solution dedicated to e-commerce players to the market that increases operational efficiency, reduces costs, and improves customer experience. Eltra Logis aims […]
TenarisSilcotub, the leading Romanian producer of small-diameter seamless pipes, announces the completion of construction on its first renewable energy production facility — a 20 MW photovoltaic park, developed through a USD 21.5 million investment. The project was financed through both company funds and non-reimbursable European grants, provided via the National Recovery and Resilience Plan, Pillar […]
Chef Dragoș Bercea, the culinary experiences coordinator at Zooma – the event center of City Grill Group – has been named “Best Event Chef 2025” at the 3rd edition of the Chefi de România Gala, a landmark event for the local gastronomic industry. The award recognizes his significant contribution to the development of the fine […]
A recent survey conducted by eJobs Romania revealed that 65.6% of employers will offer benefits to their employees for the Easter holidays this year. The majority of these companies have budgeted for cash bonuses, with vouchers and gift tickets being the second most commonly offered benefit. Other popular benefits include extra days off and holiday-themed […]
Flyone, a leading aviation company in Moldova and Armenia, said it is expanding its operations in Romania. This summer, the airline will launch a new operational base at Bucharest's Henri Coandă International Airport, marking its official debut on the Romanian market. As part of its expansion strategy, Flyone will allocate two modern Airbus A320 aircraft […]
Bucharest is rapidly emerging as a key player in the hospitality sector, attracting growing attention from global industry leaders. The city boasts a vibrant lifestyle, skilled talent, and significant economic potential, positioning it as one of Europe’s top destinations for hospitality investments. An increasing number of international brands are actively exploring expansion opportunities in Romania’s […]
