The Competition Council has approved the transaction in which voestalpine Railway Systems S.A. intends to acquire Travertec S.R.L. Voestalpine Railway Systems S.A., Romania, is part of the voestalpine Group, specializing in steel technology and processing. The company operates in the production of railway equipment, including switches, crossings, locking devices, fastening elements, and screws for sleepers. Travertec manufactures prestressed reinforced concrete sleepers, products that fall under the category of prefabricated concrete elements for road and rail transport infrastructure. Following its analysis, the Competition Council concluded that this operation does not pose significant obstacles to effective competition in the Romanian market or a substantial part of it and that there are no serious doubts regarding its compatibility with a normal competitive environment. The decision will be published on the website of the national competition authority after the removal of confidential information.
One United Properties (BVB: ONE), Romania’s leading green developer of residential, mixed-use, and office real estate, recorded a turnover of 162.3 million euros in the first half of 2025, up 15% year-on-year (YoY), and a gross profit of 59.8 million euros, up 12% YoY, while the net profit stood at 49.6 million euros, up 8% […]
The Romanian government adopted on Thursday, August 28, the ordinance by which the annual road vignette for cars increases from EUR 28 to EUR 50. At the same time, fines will be doubled starting the second week of September, Biziday.ro reported. The provisions of this ordinance shall enter into force within 10 days from the date […]
Ricky Martin will perform in Bucharest on December 16 as part of his Ricky Martin Live 2025 world tour, bringing his high-energy show to Romexpo Hall. The international superstar, known for fusing Latin rhythms with pop and global influences, is set to deliver a vibrant performance in Romania, according to the organizers. During the Bucharest […]
Romania’s famous George Enescu International Festival is set to expand in 2025 across the country and in the Republic of Moldova. Alongside the main program held in the capital, in emblematic halls such as the Romanian Athenaeum, the Radio Hall, the Bucharest National Opera, the Bucharest National Theatre, and others, the Enescu Festival reaches over […]
Three Turkish citizens, including the alleged coordinator of recent shootings in Bucharest's Old Town, have been detained by Romanian police while attempting to leave the country. The three were stopped near the Nădlac border crossing, located in western Romania, after police set up several checkpoints...
The Romanian frigate ‘Regina Maria’ has departed from the Black Sea port of Constanța to take command of NATO’s Operation Sea Guardian for the second time in five years, the Naval Forces announced. The NATO task group will also include a Croatian naval vessel, an Italian submarine, and a Portuguese Air Force aircraft. The Romanian […]
