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Hungary’s LAC and Romania’s Softronic plan joint engine production

December 17, 2014

Romania’s Softronic signed on Monday a letter of intent (LoI) on launching joint railways engine production in Hungary, news agency MTI reported. The two companies plan to set up a joint venture 51% owned by Softronic and 41% by LAC Holding. They are seeking the site for the Hungarian plant, which is planned to be completed by the end [...]

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Marinela Panait takes over as CEO of Romanian veterinary products manufacturer Pasteur Filiala Filipești

Marinela Panait has been appointed CEO of Pasteur Filiala Filipești, the company responsible for the Farmavet Group’s production of medicines and veterinary products. In her new role, she will also manage FNC Nutriție Pietroiu, a company fully owned by Pasteur Filiala Filipești. The appointment follows Tomasz Modzelewski’s departure from the Farmavet Group’s executive management after […]

Real estate developer CTP appoints Iulian Ciobotaru as construction director in Romania

CTP announced on Monday, September 7, that it strengthened its Romanian management team by appointing Iulian Ciobotaru as construction director. In his new position, he will coordinate construction activities across the country, including projects in Bucharest and major regional cities. Ciobotaru joined CTP in June 2025 and has more than 15 years of experience in […]

Nature needs a place at the table: Two New Zealanders’ cycling expedition along the Danube highlights the river’s vital role, conservation efforts ‘from source to sea’

As Europe endured a summer of severe drought and prolonged heatwaves that have pushed water levels to exceptionally low levels, a New Zealand duo undertook a 3,000 km bicycle expedition tracing the length of the river Danube, pedaling from its source in Germany all the way to its Delta, on the Black Sea. Their purpose: […]

Anytime strengthens its presence in Cyprus with portfolio acquisition of Gan Direct Insurance which enters a new era

Anytime, the digital brand of Interamerican Group, part of Achmea, is acquiring the motor & property insurance portfolio of Gan Direct Insurance in Cyprus, further expanding its international footprint and strengthening its position in the Cypriot market. With this strategic move, Anytime will reinforce its role as one of the leading insurers in Cyprus. Gan […]

Leroy Merlin expands in Romania with first Brăila store

Leroy Merlin announced that it will open its first store in Brăila later this month, on September 16. The new location, built on a 34,000 sqm plot of land, will be its 26th store in Romania. The new unit will carry Leroy Merlin’s full range of products and services for construction, renovation, and home improvement […]

Romanian Film White Night returns to Bucharest and Cluj-Napoca this month

The Romanian Film White Night (Noaptea Albă a Filmului Românesc – NAFR) returns to Bucharest and Cluj-Napoca on September 18. Screenings will take place at seven cinemas and will be dedicated exclusively to Romanian productions, the organizers said. In Bucharest, the films will be shown at Cinema Elvire Popesco, Cinema Union, Cinemateca Eforie, Point Art […]