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Macro commentary by eToro analyst for Romania, Bogdan Maioreanu: Tourism on track to reach pre-pandemic levels

October 2, 2023

Macro commentary by eToro analyst for Romania, Bogdan Maioreanu: Tourism on track to reach pre-pandemic levels   Tourism is on the track to reach the pre-pandemic levels but with each year the tendencies are evolving. While tourists are searching for convenient ways to book their travel,  companies are looking for...

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Council of Europe anti-torture committee signals serious deficiencies in Romanian forensic psychiatric hospitals

A report published on Wednesday, October 15, by the Council of Europe’s Committee for the Prevention of Torture (or CPT) urges Romanian authorities to address serious shortcomings in the treatment and conditions of detention of patients in forensic psychiatric hospitals. The deficiencies in the Romanian system were identified by the Committee representatives during a visit […]

Romanian electricity distributor Electrica completes Satu Mare 2 photovoltaic park

The state-owned Electrica (BVB: EL), one of the main players in Romania’s energy sector, completed the Satu Mare 2 photovoltaic park, a strategic project that marks an important step in diversifying the production portfolio. Located near the commune of Botiz, Satu Mare County, the park has an installed capacity of 27.056 MW and represents an […]

Western Romania: Artifacts from Italian museums in Timișoara exhibition on Pompeii

More than 100 items, ranging from frescoes and paintings to sculptures, photographs, and other rare artifacts from Italian museums, will go on display in Timișoara for an exhibition looking at the city of Pompeii. Titled The Fragility of the Eternal. From Pompeii to the Grand Tour to Today, the exhibition will be open from November […]

Romanian-born robotics startup in London secures USD 165 mln funding

Robotics startup Dexory, founded in London by Romanians Andrei Dănescu, Adrian Negoiţă, and Oana Jinga, has secured new Series C funding of USD 165 million, according to an announcement made on LinkedIn and quoted by Ziarul Financiar. The company has developed an autonomous robot, the tallest in the world, reaching 16 meters, and a platform designed […]

NEPI Rockcastle inaugurates its first PV park in Romania as part of EUR 110 mln green energy plan

NEPI Rockcastle, Central and Eastern Europe’s largest owner and operator of shopping centers, has inaugurated its first photovoltaic park in Chișineu-Criș, Arad county, in western Romania. The investment is part of its green energy programme, which includes a EUR 110 million plan for photovoltaic projects across Central and Eastern Europe.  According to the company, these […]

Romanian man sneaked into Drents museum days before Dacian treasure theft, Dutch press says

A Romanian man sneaked into the museum five days before the theft of the Cotofenești Helmet and the Dacian gold bracelets from the Drents Museum in the Netherlands. The new information, revealed from the criminal case by Dutch RTL Nieuws, shows that Andrei B. is believed to have...