Romania has not done anything special compared to other European states, minister of energy Sebastian Burduja argued, speaking of the surcharge levied on electricity generators since 2022, which was recently declared in breach of the law by the Constitutional Court. The government should not return the money, he said.
"It was an almost universal rule at EU level. I don't see an apocalyptic scenario where we have to give all this money back," minister Burduja said...
Electrical cable manufacturer ELECTROPLAST is carrying out an investment project estimated at over EUR 9 million for modernizing the production unit and expanding its facilities. This investment project will triple production capacity and lead to reduced electricity consumption and carbon footprint. ELECTROPLAST is participating in the modernization of Romania's railway infrastructure. The company recently contracted...
Following an investment of EUR 2.5 million in the renovation and refurbishment of a historic building in the Rosetti Square area in downtown Bucharest, the InStil Hotels group, owned by the Alecu family, is diversifying its portfolio with a new 4-star boutique hotel property. Named Ecletico Villa, the property offers 18 rooms. The new boutique […]
The rising labor costs, the recruitment process, and the retention of experienced employees are the main challenges for business services companies active in the country, according to the 2024 report of the Association of Business Service Leaders in Romania (ABSL). According to ABSL data, all companies reported salary increases this year, and the estimated growth […]
MerchantPro, local SaaS eCommerce platform, analyzed the performance during the week leading up to Black Friday 2024, confirming the establishment of Black Week as an extended shopping event that captures consumer interest over seven days. Data collected from a sample of approximately 1,000 local online stores shows a 5% increase in the number of orders...
The sixth edition of the Classix Festival takes place in Iași between February 23 and March 2, 2025. According to the organizers, the event's new concept, Revelations!/Revelații!, "outlines moments of profound clarity, unexpected inspirations, and mind-blowing discoveries." "After previous editions focused on the discovery of desires (2024), metamorphoses (2023), and the primal instinct of music […]
A natural Christmas tree was recently installed in Sfatului Square in downtown Brașov, one of the popular mountain resorts in the country, and the City Hall says it is the tallest in Romania. The tree reaches an impressive height of 29 meters, with 26 meters visible above ground, making it one of the tallest ever […]
