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Romania’s automotive market, up 10.2pct in H1, 2016; legal entities make up 79pct of buyers

July 18, 2016

Romania’s automotive market advanced 10.2 percent in the first half 2016 with a sales volume of 61,151 units and legal entities making up 79 percent of buyers, according to data released on Monday by the Automotive Manufacturers and Importers Association (APIA). As far as domestic production January – June 2016 is concerned, 201,274 motor vehicles […]

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Codruța Furtună has been appointed Deputy Chief Executive Officer of Allianz-Țiriac Asigurări

Allianz-Țiriac Asigurări announces the appointment of Codruța Furtună, currently Sales and Distribution Director, as Deputy Chief Executive Officer. The nomination has been approved by the Financial Supervisory Authority (ASF) and will be registered with the National Trade Register Office. Codruța Furtună will continue to oversee the Sales and Distribution area in Allianz-Țiriac, playing a key […]

Cushman & Wakefield Echinox: Romania’s new retail supply surpasses 2024 total after strong first nine months

The volume of new retail projects completed in Romania during the first nine months of 2025 has already exceeded the total recorded for the entire previous year, according to data from Cushman & Wakefield Echinox’s ‘Romania Retail Marketbeat Q3 2025’ report. According to the real estate consultancy company, 2025 is shaping up to be the […]

A Season of Distinction and Celebration: Iconic Hotel Wins Three Prestigious Awards This Autumn

This autumn has marked an extraordinary chapter for InterContinental Athénée Palace Hotel, as the iconic Bucharest landmark has been recognized with three major international distinctions that reaffirm its position among Europe’s most refined destinations. At the World Travel Awards 2025, InterContinental Athénée Palace proudly received the title of “Romania’s Leading Hotel”, a recognition that celebrates […]

Romania’s Rubik Hub selects 41 European HealthTech startups for the Rubik Garage program

Startup accelerator Rubik Hub has announced the selection of 41 promising European startups for its latest Rubik Garage program, this time fully dedicated to the HealthTech vertical. Out of 116 applications from 22 European countries, 41 startups have been chosen to participate in a four-month acceleration program running from October 22, 2025, to February 2026. […]

UK-based software group Abingdon acquires Romanian travel technology solutions provider

Abingdon Software Group, a UK-based global software group, announced the acquisition of 100% shares of dcs plus, based in Bucharest and one of the world’s leading providers of software solutions for the travel industry.  Founded in 2002, dcs plus offers a comprehensive suite of products ranging from booking and distribution systems to mid- and back-office […]

Dimri delivers two more residential blocks, reaching over 500 apartments in Bucharest Ghencea complex

Israeli real estate developer Dimri has completed and handed over two new apartment blocks in its large-scale Dimri Residence Ghencea project in western Bucharest, marking another major milestone in the complex’s development. With this stage, the project has reached 536 completed apartments, housing more than 1,400 residents. The two new buildings, part of the second […]