AROBS Transilvania Software (BVB: AROBS), the largest technology company listed on the Bucharest Stock Exchange, posts solid preliminary results for 2024 – a consolidated turnover of RON 412 million (EUR 83 mln), 2% above the revenue and expense budget revised in Q3 2024, EBITDA of RON 60 million (EUR 12 mln), +11% compared to the revised budget, and...
A major investment will bring a world-class amusement park to Miercurea-Ciuc, inspired by the Transylvania region's rich cultural and architectural heritage. Local officials and project partners announced the EUR 56 million initiative during a press conference on June 2. The first phase of the park is scheduled to open in 2027 in the Băile Jigodin […]
Every Can Counts, a global initiative dedicated to promoting the recycling of aluminium drink cans, has conducted an analysis for the first 4 months of 2025 based on official data published monthly by RetuRO, Romania’s Deposit Return System - SGR operator. The conclusion is that Romania is rapidly closing the sustainability gap. The national recycling […]
A Romanian man has pleaded guilty in a US federal court to leading a widespread swatting and bomb threat campaign that targeted more than 75 public officials, religious institutions, and journalists across the United States. Thomasz Szabo, 26, also known online as “Plank,” “Jonah,” and “Cypher,” admitted to orchestrating the years-long conspiracy from abroad, making […]
A report from the Romanian Energy Poverty Observatory, or ORSE, shows significant differences between the regions of Romania when it comes to energy poverty, with the North-Eastern part exhibiting the highest extreme energy poverty. ORSE annually updates the level of energy poverty in Romania using conventional indicators calculated based on the latest data published by […]
Romania's government has approved emergency budget credits of RON 300 million (EUR 60 million) to support recovery efforts following severe flooding at the Praid Salt Mine, finance minister Tanczos Barna announced after an extraordinary cabinet meeting on June 2. The funding will be directed primarily toward Salrom, the state-owned salt producer, and companies operating within […]
President Nicuşor Dan participated on June 2 in the B9 Summit in Vilnius, where he announced that Romania is committed to reaching, within seven years, spending 5% of GDP on defense, Monitorulapararii.ro reported. The target will...
