The Chamber of Trade and Industry in Romania (CCIR) organized the second meeting devoted to launching the project on inter-city air connection in Romania. At this meeting, a complex study about the lack of connectivity between Romanian cities, caused bythe precarious land and railway infrastructure in Romania was presented, together with solutions identified for beginning this new project in the aeronautic field. The date of December 1, 2023 was established for setting up a shareholding company with the participation of county councils which have operating airports. The name of the new company will be Romanian Air Lines (LAR). The meeting was attended by representatives of county councils of Arad, Brasov, Bacau, Constanta, Maramures and Sibiu. The meeting also benefitted from the presence of academic representatives, who drew up the study on air connectivity and that of specialists in the air field from Danube Delta Tulcea Airport, Arad International Airport, Maramures International Airport, Stefan cel Mare Airport in Suceava, Craiova International Airport and Tuzla Regional Air Services. “The new air operator suggested by CCIR, which will be a sharholding company, with the participation of county councils as shareholders, will operate with a significant number of small capacity aircraft, between the most important cities of the country. For businessmen this means that in a single day they can travel between cities located at hundreds kilometer distances in a single day, with obvious time and money savings,”said CCIR president Mihai Daraban.
The UNESCO Global Geopark Ținutul Buzăului in Romania has inaugurated a new interactive visitor center in the village of Bozioru, offering a modern and immersive experience into the region’s unique geological and cultural past. Named Povestea Trovanților/The Trovants’ Story, the center tells the secrets of the mysterious stone formations known as trovants and the prehistoric […]
Pluxee, a global player in employee benefits and engagement, announced the signing of an agreement to acquire MyBenefits, a fast-growing Romanian company that has developed innovative technology to provide a flexible offering of employee benefits. The transaction builds on a partnership between the two companies. The deal is subject to approval by the Romanian regulatory […]
OMV Petrom, the largest integrated energy company in Southeastern Europe, announced Thursday, July 3, the discovery of a new natural gas reservoir in Spineni, a locality situated about 70 kilometers northeast of Craiova, southwestern Romania. The find was confirmed following the drilling of the 1 Spineni exploration well to a depth of approximately...
Romanian president Nicușor Dan, along with prime minister Ilie Bolojan and other officials, participated at a reception on Wednesday, July 2, to mark the US Independence Day. During the reception, they underlined the importance of the relationship between Romania and the US. The Romanian president noted that the United States is Romania's most important ally […]
Romanians spent roughly EUR 40 billion in large retail chains last year, representing an increase of 7.1% year-over-year. The 2024 growth rate marked a slowdown compared to 2023 (+11.1% vs. 2022) but remained above inflation, according to the Romania Retail Snapshot 2025 produced by real estate consultancy company Cushman & Wakefield Echinox. Major food stores […]
The Romanian government will implement tax hikes and spending reforms starting August 1 in an attempt to curb the growing budget deficit and avoid a looming financial crisis, prime minister Ilie Bolojan announced. The measures include increases in VAT and excise duties, a new health contribution on pensions, and a doubling of the tax on […]
