The French company CDS Groupe, a supplier of booking and payment solutions in the hotel business, in full expansion in Europe, ambitious in become a leader on the continent, have come to Romania, data analysed by Profit.ro show. The branch, based in Timisoara, will act as touroperator. In November, CDS Groupe purchased the Italian company SIAP, a supplier of software solutions for traveling and tourism. “This purchase consolidates our position of leader and corresponds to our ambition to obtain 1 billion euros from hotel bookings for business trips in the next 3 years,” said Ziad Minkara, CEO and founder of CDS Groupe. CDS intends to make new purchases in Europe in order to become the main European technological integrator in the hotel industry and business trips. The company, founded 20 years ago, bought in 2022 the booking platform Goelett and a year later entered the German market, with another purchase (Crporate Rate Club). Now, theCDS network covers France, Germany, Italy, Spain, Austria, the Netherlands, Great Britain, Poland and Croatia. The company has 350 employees and over 1,500 direct customers and partner travel agencies, with a volume of hotel bookings of 800 million euros.
On Thursday, January 23, the European Commission granted a protected geographical indication status to Romania’s Jidvei wine. The new status offers recognition for the distinctive qualities of the wine. The brand encompasses white, rosé, red, sparkling, semi-sparkling, and liqueur wines produced from grape varieties grown in the Alba region, in central-western Romania. The vineyards in […]
Romania's pavilion at the Osaka World Expo 2025, which will take place from April 13 to October 13, was built with a focus on sustainability, including contributions from Romanian workers. The pavilion also highlights Romania's national resources. The mascot for the expo is a pelican named Haru (meaning "spring" in Japanese), symbolizing the importance of […]
Examin, a Romanian startup specializing in AI-powered video analytics, has secured EUR 200,000 in pre-seed funding from a private investor. The funds will be directed toward a market-ready product, creating an AI-driven prototype for quality inspection in manufacturing processes (AI Quality Inspection), developing its first AI Video Analytics camera, expanding the team, and scaling marketing […]
The beginning of 2025 brought increased pollution in the Bucharest-Ilfov area, as traditional pollutants such as cars and heating systems met low wind speeds, high humidity, and thermal inversion. The latter three prevent pollutant particles from dispersing and instead keep them at ground level. As a result, the level of pollution has doubled in the […]
Update: DNA confirmed that Sinaia mayor Vlad Oprea had been detained for 24 hours beginning January 23 on charges of bribery in continuous form, conducting financial operations incompatible with his position, false in asset declarations, abuse of office, and influence peddling. The prosecutors also said that Oprea indirectly received a total bribe of EUR 238,000 […]
Prosecutors from Romania's National Anticorruption Directorate (DNA) reportedly detained Vlad Oprea, the mayor of the popular mountain town of Sinaia, for 24 hours on Thursday, January 23. He faces corruption charges in a case investigated by the DNA, with further searches set to take place at the Sinaia City Hall later today, in the presence […]
