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PATRES Organization pulls the alarm : Investors in renewable energies, on the brink of collapse

July 20, 2016

*The green certificates stock is in alarming increase * Producers owe taxes of RON 160 million to the state, while they miss over RON 1 billion from the cash flow    We’ve asserted and we continue to believe that the renewable energies sector has eveloped without any perspective in Romania. Being encouraged by the tax […]

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Enescu Festival brings Grammy winners and world-class orchestras to Sibiu

The George Enescu International Festival returns to Sibiu from September 2 to 21 with a lineup featuring Grammy-winning artists and top orchestras. Under the theme “Anniversaries,” the event marks 70 years since the death of George Enescu and celebrates milestones in the history of composers and ensembles that have shaped musical modernism. Sibiu will host […]

City Grill Group launches “Mixtură de Lăutărie” – an original artistic program bringing traditional music performed and mixed live with DJ rhythms, straight into its restaurants

City Grill Group, the leading Romanian player in the hospitality industry, is launching “Mixtură de Lăutărie,” an original musical concept that brings to its restaurants a sound experience unlike anything seen before in HoReCa: live music based on traditional Romanian melodies, reinterpreted and mixed in real time by a DJ. The format has been created […]

Two-thirds of Romanians living abroad do not have insurance for belongings back home, report shows

More than two-thirds (68.6%) of Romanians living abroad do not have any form of insurance in Romania, not even the mandatory home insurance, according to a nationwide online survey initiated by Allianz-Țiriac. From among those who left the country, a quarter say they own a house or apartment in the country, and approximately 13% still […]

Arizona to be first US state to open trade office in Romania, says Embassy

Arizona will become the first US state to open an economic representative office in Romania, following a decision by the state legislature to allocate USD 125,000 in its fiscal year 2026 budget for the establishment of the office in Bucharest. The new office will support trade and economic cooperation and will also cover Eastern Europe […]

UAE’s Etihad Airways to connect Bucharest to Abu Dhabi from March 2026

Etihad Airways, the national airline of the United Arab Emirates, is opening 7 new routes, including one from Bucharest. The new flights will directly connect the Romanian capital with Abu Dhabi, starting from March 16, 2026, with flights set to take place four times per week.  In addition to Bucharest, the airline is introducing flights […]

Romanian health minister says 15 hospitals under construction with Resilience Facility funding

Health minister Alexandru Rogobete said that 15 hospitals are currently under construction across Romania, financed through the National Recovery and Resilience Plan (PNRR). Of these, 12 are expected to be funded through grants and three through loans, though the final allocation has not yet been confirmed, Agerpres reported. Speaking...