The Romanian airline HiSky has obtained the foreign air carrier license from the Canadian Transportation Agency, granting it permission to operate regular flights. This makes Canada the second North American country, after the United States, to authorize HiSky to establish regular routes on its territory, following a comprehensive verification process. HiSky thus becomes the only company in Romania taking steps towards launching flights to Canada, while also owning the necessary capability to operate non-stop on this long-haul route with an Airbus 330-200 aircraft. "When we added an aircraft with increased range to our fleet, we specifically aimed to establish these efficient connections between Romania and the most demanded destinations by our passengers. We are extremely close to the first direct flight from Bucharest to New York after more than 20 years, and the news of obtaining the license for flights to Canada supports our strategy to increase the number of long-haul routes. Canada is home to a large Romanian diaspora, but it is also an increasingly popular destination for vacations and business. Therefore, we are considering launching the first routes as soon as possible, to meet this need for direct connections between Bucharest and this country’s most popular cities," said Iulian Scorpan, CEO of HiSky. Currently, Romanian passengers do not have any direct travel options to Canada, following the suspension, in 2020, with no announced intention of resuming flights, of the Bucharest-Toronto route, previously operated by a foreign company. With the relaunch of flights to this country, Romanians, departing from the capital, could reach the major Canadian cities, Toronto and Montreal, in about 10 hours. HiSky is currently the second largest air transport operator registered in Romania and the only company in the country operating regular transatlantic flights. Alongside a wide-body Airbus A330 with a 14-hour uninterrupted flight range, the company also has seven other narrow-body aircraft from the Airbus A320 family in its fleet, with a total capacity of over 1500 seats.
Representatives of the ruling Social Democratic Party, PSD, gathered for a congress in Bucharest on Friday, November 7, to elect new leadership and to amend the party’s Statute. The only candidate for party leader is Sorin Grindeanu, who held the interim position after Marcel Ciolacu's resignation in May. In his speech at the congress, Sorin […]
The e-commerce sector recorded strong early results on Black Friday 2025, according to real-time data released on Friday, November 7, by PayU GPO Romania from its dedicated Media Center. By 14:10, the payment processor reported successful transactions totaling RON 514 million (roughly EUR 101 million). PayU said shoppers had made roughly 889,000 purchases, with around […]
Contakt Express Logistik, one of Romania’s leading retailers of mobile phone and tablet accessories, with a network of over 235 stores, is set to launch the initial public offering (IPO) between November 12 and December 3, 2025. The company offers a wide range of products, including cases, screen protectors, chargers, and gadgets, both in physical […]
Romania attracts fewer international tourists today than it did during the communist era, making it the only country in Europe in this situation, the National Association of Travel Agencies (ANAT) warned, as reported by news agency Agerpres. According to the organization, Romania received more than 3.4...
InterCapital ETF, the first international ETF provider in Romania, will launch two new exchange-traded funds on the Bucharest Stock Exchange starting November 11, 2025. The new instruments are the InterCapital CROBEX10 TR UCITS ETF, which offers exposure to the Croatian blue-chip equity market by tracking the performance of the CROBEX10tr index, and the InterCapital EUR […]
The Competition Councils of Romania, Bulgaria, and the Republic of Moldova have granted the necessary authorizations and approvals for the completion of the transaction through which Maspex Romania takes over the majority shareholding of Purcari Wineries. The Maspex Group, which has been present in Romania for nearly 30 years, became the majority shareholder of one […]
