Pavăl Holding, the investment vehicle of Romania’s Pavăl family and owner of leading home improvement retailer Dedeman, has acquired Praktiker Hellas, the top DIY chain in Greece. The deal, estimated at EUR 120-130 million according to Profit.ro, marks Dedeman’s first step beyond Romania’s borders.
With 17...
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 […]
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 […]
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...
View Box Houses, a Romanian startup founded by three entrepreneurs with experience in technology, design, and management, has made an investment of over EUR 1 million in developing a complete ecosystem for the construction and delivery of smart modular homes. The investment was primarily aimed at the production line and the creation of internal departments […]
Romania's data protection authority has fined far-right populist Călin Georgescu over RON 50,000 for violating both national and EU privacy regulations through his personal website. The investigation, concluded in June 2025 by the National Supervisory Authority for Personal Data Processing (ANSPDCP), found that the former presidential hopeful unlawfully collected user data without proper consent or […]
Romanian defense minister Ionuț Moșteanu announced on Wednesday, July 16, that the government is planning to expand the voluntary military service. The measure is being taken given that the current reservists have aged. During an interview, the minister explained that according to the draft law currently under interministerial review, individuals who wish to take an active […]
