IKEA registered 14.1% higher sales in Romania in the financial year 2023 (FY23) compared to the previous year, reaching a turnover of over RON 1.2 billion and more than 22 million products sold in local stores. The company also announced investments of EUR 5.8 million this year "to absorb the costs and ensure low prices."
According to the same report, the Swedish retailer saw its online sales increase by 6% YoY in Romania in the financial year 2023 (September 1, 2022 – August 31, 2023).
...
A Romanian Library Corner will be inaugurated this month at the Worcester County Library in Ocean City, Maryland. According to an announcement from the Romanians of DC organization, the event is scheduled for January 24. The Romanian Library Corner has been established with funding and support from Romanians of Washington, DC, and in partnership with […]
Bird mortality due to electrocution is a major conservation issue, with uninsulated medium-voltage power lines, often used by birds as resting spots, posing one of the greatest risks to these species. In this context, the Romanian Ornithological Society (SOR) partnered with Rețele Electrice România to install insulating sleeves on medium-voltage poles in the central area […]
Romanian rider Emanuel Gyenes won first place in the “Original by Motul” category in the 2025 Dakar Rally, placing 20th overall in the motorcycle category. The world-famous Dakar Rally covers several thousand kilometers over 10 to 15 days taking place in Saudi Arabia. The category won by the Romanian refers to bikes and quads competitors […]
Doron Steinbrecher, a 31-year-old woman with dual Israeli-Romanian citizenship, was among the three hostages released on Sunday, January 19, as a result of the agreement reached between Israel and Hamas. Aside from Doron, the other two women released on Sunday by the Palestinian terrorist group are Romi Gonen and Emily Damari. Among them, Romi also […]
Garanti BBVA Romania announced the financing of Peștera Wellness & Spa, the first 5-star hotel located in the Peștera-Padina tourist resort in Bucegi Mountains, with a loan of EUR 5 million. The bank supports Grupul Industrial Alca SRL, the company behind this investment. Peștera Wellness & Spa Hotel officially opened its doors to tourists in […]
Bucharest mayor Nicușor Dan has reaffirmed his commitment to running in the upcoming Romanian presidential elections, revealing plans to launch a donation website for his campaign in the near future. Speaking during an interview on Digi24, Dan estimated his campaign budget to be between EUR 2-3 million. The mayor also emphasized that his decision to […]
