In the early 1920's, Max Ausnit, who became one of Romania's principal industrialists, took over a wire and nail manufacturing factory in Galati founded by his father, and built it into a steel mill complex called Uzinele Metalurgice Titan Nadrag Calan. (...) While the families of virtually every major Romanian industrialist have received acceptable compensation for the wholesale theft of their properties, the heirs of Romania's only major Jewish industrialist have received only a small part of what was stolen from them, and their major claim has been deferred and hindered by the apparent misfeasance of Romanian bureaucrats intent on depriving this family of what has long ago been adjudicated as rightfully belonging to them.
There are 17 legal public holidays in Romania in 2026, and 12 of them fall on weekdays. This means employees will have more time off without using their annual vacation days. The year begins with the possibility of an extended break, as January 1–2 fall on Thursday and Friday, while January 6–7 (the feast days […]
Chimcomplex, a producer and supplier of chemicals, has appointed Ștefan Vuza as Chief Executive Officer. The decision aims to “ensure direct coordination of the transformation process underway at Chimcomplex and to strengthen the company’s ability to navigate an economic context marked by strong pressure on competitiveness,” the company said. Chimcomplex, specializing in polyols, chlorosodium, and […]
FIRST, a new Romanian-developed digital real estate platform, launched on the local market with a technology-driven system that, the company says, is designed to help users make faster, more informed property decisions. Available as of this autumn, the platform uses updated data, advanced search filters, and lifestyle-based presentation tools to give buyers and renters clearer […]
Cargus, the first courier company on the Romanian market, is expanding its Ship & Go out-of-home delivery network through a new partnership with Carrefour, adding nearly 450 pick-up and drop-off points inside the retailer’s stores. More than 150 Carrefour hypermarkets, supermarkets, and Express locations will join the network by the end of this year, with […]
Romania’s national railway operator, CFR Călători, will introduce its new 2025–2026 timetable on December 14, adding direct Budapest–Bucharest services and restoring the Vienna Westbahnhof connection as part of a broader update to international and domestic rail operations. The new schedule, valid until December 12, 2026, includes more than 1,150 daily trains. ...
The average price per square meter requested by real estate developers and owners for residential units in Romania increased by 15% in 2025, with the highest rise seen in Craiova, according to a survey conducted by Imobiliare.ro, as reported by Profit.ro. ...
