US carmaker Tesla, run by Elon Musk, is set to open a center in Romania in the near future, which will later be complemented by another one outside Bucharest this year. In the end, Tesla will have a location in Cluj and one in Voluntari.
The new Tesla Center Bucharest-Voluntari is reportedly almost finished. Its purpose is to relocate the current activity of the Tesla Romania office from Bucharest's District 3, according to Profit.ro.
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Salt Bank has appointed Vikram Tikoo as its new Chief Technology Officer, marking a significant step forward in the company's pursuit of its digital banking vision. The appointment will take effect once approved by the National Bank of Romania. Vikram has extensive international experience delivering technology solutions on a global scale. He will help enhance […]
Romania’s average net wage, which has posted annual growth rates for nearly two years, advanced by only 3.5% y/y in CFI deflated terms - the lowest growth rate since April 2023, according to data published by the statistics office INS. In nominal terms, the annual advance was 9.9% – the second-lowest growth rate since 2021. […]
OMV Petrom (BVB: SNP) has signed a new purchase contract for pre-treated used cooking oil with Astra Bioplant of Bulgaria, a company part of the Bulmarket group owned by Bulgarian businessman Stanko Stankov, SNP announced in a note to investors. In June 2024, OMV Petrom signed a similar contract with Romanian edible oil producer Expur. […]
Romania's underground economy reached 13.1% of GDP in 2023, the highest level among European Union member states, Ziarul Financiar reported on June 20, citing data from consultancy firm EY. Despite this leading position within the EU, the figure marks a significant improvement compared to previous decades....
Homedit, a Romanian brand of premium furniture and home décor, announces the official opening of its first showroom, located in an interwar house in central Bucharest ("The Bamboo House”, located at No.3, Dumbrava Roșie St.). With a total investment of approximately EUR 12 million, the business was founded in 2016 as an online store by […]
The 32nd edition of the Sibiu International Theatre Festival (FITS) begins on Friday, June 20, bringing over 5,000 artists from 82 countries to the city. The events will take place over ten days and will transform the city into an "open-air stage, with large-scale productions, impressive installations, parades, fire shows, live music, aerial dances, and […]
