Around 32% of Romanians plan to spend their upcoming holidays abroad, with Greece, Italy, and Spain topping the list of preferred destinations, according to the Visa CEE Travel and Payment Intentions Study 2025.
Of those going abroad for the summer, nearly 40% say they are “experience seekers,” prioritizing discoveries and stepping out of their comfort zones. On average, they plan to stay almost 9 days abroad and to spend an average of EUR 840 per person per trip, primarily funding...
Romanian president Nicușor Dan presented the expenses incurred in the electoral campaign and who the main donors were during a press conference on Monday, July 14. Over the first and second rounds of the presidential elections, Dan's campaign spent over RON 60 million (EUR 12 million), and the biggest individual donors were Măriuca and Florin...
Haleon, a global leader in consumer health, has appointed Wael Kaskas as General Manager for its Hungary, Romania, Czechia, and Slovakia cluster. With a strong background in FMCG, consumer healthcare, and supermarket retail, Kaskas brings extensive experience in managing billion-dollar portfolios and leading business transformations, the company said. Before this role, Kaskas was responsible for […]
Vadoo Fest returns on August 21–24 to the meadows of Vadu Oii, Buzău County, with a new edition that invites participants to slow down and reconnect. Now in its seventh year, the festival promises a special experience rooted in nature, music, and human connection. This year’s line-up blends depth and groove, featuring Grammy-winner Judith Hill, […]
LIBERTY Galați, Romania’s largest steel producer, is undergoing significant leadership changes as part of its broader restructuring efforts aimed at improving operational performance. The company has initiated a global executive search to appoint a new permanent General Manager and has made several key interim and permanent leadership appointments. Radu Ionescu is stepping down as General […]
A major player in the private equity market in the Baltic region, the INVL Baltic Sea Growth Fund, announced on Monday, July 14, that it has completed the investment in Pehart Group, a leading producer of household and industrial paper products in Romania, a deal valued at EUR 150 million. With a 187-year tradition, Pehart […]
Cyclists will be able to cross the border between Romania and Serbia between July 26-28 on a 37-kilometer route that starts in Timișoara and follows the course of the Bega River to the Serbian border. The Otelec border crossing point will allow the cyclists to cross the border. The bike path will be accessible between […]
