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.
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 […]
Călin Georgescu, the far-right, Russia-friendly politician who surprisingly emerged as the first-round winner of last year’s presidential elections, will remain under judicial supervision after the District 1 Court in Bucharest rejected his appeal against the prosecutors’ decision to extend the preventive measure,
The mayor of Timișoara, Dominic Fritz, will be the new leader of the Save Romania Union party, or USR, after he received 67.2% of the votes in an internal race. The vote for the new party president was conducted online and started Wednesday at 10 AM and ended Friday at noon. A total of 10,914 […]
The Sports Barometer in Romania, a study conducted by IRES and presented on Thursday, June 12, during the Sports Festival, reveals that 32% of Romanians do not engage in any type of physical activity, and that as age increases motivation drastically decreases. According to the study, 28% of Romanians are super-active and do a form […]
The Romanian-American University has officially launched the country’s first Department of Latin American Studies (DSLA), marking a significant step in its internationalization efforts. The inauguration brought together official representatives from eight Latin American countries - Argentina, Brazil, Chile, Colombia, Cuba, Mexico, Peru, and Uruguay - underlining the strong diplomatic support for deepening educational and cultural […]
Romanian president Nicușor Dan laid wreaths on Friday, June 13, at the Monument dedicated to the memory of the victims of the June 13–15, 1990 Mineriad and at the “Kilometer Zero of Democracy” Monument. The violent events of June 1990 remain in post-communist memory as the “June 13–15, 1990 Mineriad” and refer to the repression, […]
