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UniCredit Bank, more optimistic than WB.Romania could register an economic growth of 4.3 pc this year, UniCredit London analyst believes

June 13, 2016

Romania’s economic growth could stand at 4.3 percent this year, thanks to consumption on the demand side and to agriculture on the supply side, and it will reach 3.7 percent next year, Dan Bucsa, Lead ECE Economist with UniCredit Bank London, stated on Friday, economic.net informs. “We see this year’s growth in the ballpark of […]

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Weekend calendar: Road movies retrospective, Sânziene Fair, consolid8, Sibiu International Theater Festival and more

While Cluj and Sibiu are busy with large film and theater events, Bucharest has numerous outdoor events, music festivals, and themed film programs.

TIFF: Béla Tarr, Maria de Medeiros among guests of film festival taking place in Cluj

Hungarian filmmaker Béla Tarr (in opening photo) is one of the guests of this year’s Transilvania International Film Festival (TIFF), which is currently taking place in Cluj-Napoca. He will receive a Lifetime Achievement Award at the TIFF Awards Gala. Until then, audiences will have the chance to meet him at the cinema and attend a […]

Auchan Romania voted “Retailer of the Year 2025” and Awarded for Romanian Private Label Products

With a continued commitment to innovation, sustainability, and affordability, Auchan Romania has received three major distinctions at the “Voted Product of the Year 2025” competition – the most prestigious recognition platform for innovation and performance among products, brands, and retail networks in Romania. In addition to being named Retailer of the Year in the Hypermarket […]

Three out of four Romanians think sustainability is an individual responsibility, survey shows

Roughly 72% of Romanians believe that their own actions have the greatest impact in building a sustainable future. At the same time, they acknowledge the essential role of companies (68%) and governments (66%) in achieving sustainability goals, according to the fourth annual edition of the National Barometer on Romanians' perceptions and behaviors related to sustainability […]

Romanian mobile accessories retailer Contakt plans IPO on BVB’s AeRO market

Contakt, a Romanian mobile accessories retailer operating a nationwide network of 245 stores, has announced plans to list on the AeRO market of the Bucharest Stock Exchange this fall.  Roughly 10% of the company’s share capital will be made available to investors during the IPO, with a gradual increase in free float to 30-40% forthcoming. […]

Wizz Air reopens base in Romania's Suceava, introduces eight additional routes

Wizz Air will reopen its base in Suceava, in northeastern Romania, where it will allocate two Airbus A321neo aircraft. With these, the airline will operate a total of 43 aircraft during the winter season in Romania. Wizz Air will also introduce eight routes from Suceava starting in December. Passengers will be able to fly from […]