Sophia, the Romanian retailer specializing in custom textile decorations, has inaugurated a new franchised showroom in Timișoara, marking a EUR 50,000 investment and extending its footprint in western Romania. The new store offers custom-made curtains, drapes, and interior textile decorations.
The opening supports the company’s broader expansion strategy, which aims to reach up to 100 franchises by the end of 2026.
The Sophia Timișoara franchise is operated by Raul Dumitraș,...
Make IT in Oradea, a public-private initiative developed by the city to support tech entrepreneurship, has launched Startup Fortress, a year-round program offering tech founders access to infrastructure, funding, and networking. The program aims to attract talent and promote the local tech ecosystem through a paid residency designed for digital nomads and professionals interested in […]
Romania’s gross domestic product (GDP) registered a 0.3% increase in the second quarter of 2025 compared to the same period of 2024, and 2.3% on the seasonally adjusted series, according to the National Institute of Statistics. The seasonally adjusted GDP in the second quarter of 2025 is estimated at approximately RON 467.7 billion, showing a […]
Romanian cosmetics company Caress Society has announced plans to build a modern production facility in Filipeștii de Tîrg, Prahova County, with a total investment of RON 17.6 million (some EUR 3.5 million). The project will be co-financed through the Just Transition Program 2021–2027, with approximately 70% covered by EU funds and the rest from the […]
Romania ranks 36th globally by the size of central bank reserves, around USD 73 billion, according to The World Factbook, but based on 2024 data. The 36th place is the same as the country’s position by the size of its economy in the world, with GDP calculated at purchasing power parity. However, this year the […]
Romania has been officially selected to compete at Bocuse d’Or Europe 2026, marking the first time the country will take part in the world’s most prestigious culinary competition. There will be 20 participating nations at the European edition, which will take place in Marseille, France, in March 2026. The countries that qualify in Marseille will […]
The City Hall of Tășnad, located in Satu Mare County, north-western Romania, has received six bids for the construction of a new water park. The project is valued at RON 138.2 million (approximately EUR 27.2 million), and the building is scheduled to take 3 years. The water park, named Aquapark Transilvania Terme Tășnad, will cover […]
