South-Eastern Romania is among Europe’s regions most affected by the increase in average temperatures since the turn of the century, according to an investigation...

Romanian billionaire says Hungarian PM offered to buy one of his tennis tournaments

Romanian billionaire Ion Tiriac, a former tennis player who owns several important tennis tournaments in Europe, says Hungary’s prime minister Viktor Orban offered EUR...

Romanian lender signs EUR 60 mln financing agreement with EIF

Romanian lender ProCredit Bank and has signed a financing agreement worth EUR 60 million with the European Investment Fund (EIF). The lender will use...

videophotoLargest 3D video mapping contest in Romania attracts 65,000 spectators this year

About 65,000 people gathered in Bucharest’s Constitutiei Square last Saturday, September 22, for the iMapp Bucharest 2018 event. iMapp is a 3D video mapping competition...

Canadian fund sells 4.2% stake in Romanian medical group

Canadian investment capital Fiera Capital, previously known as Charlemagne Capital, sold last week a 4.25% stake in local medical operator MedLife. The fund thus lowered...

Enel could open over 700 charging stations for electric vehicles in Romania

Italian energy group Enel could invest some EUR 15 million in the next 3-4 years in a network of charging stations for electric cars...

Former Constitutional Court judge to be appointed secretary general of Romania’s Govt.

Toni Greblă, a former senator and Constitutional Court (CCR) judge, is to be appointed the Government’s secretary general, Liviu Dragnea, the president of the...

Weather in Romania: Low temperatures, rain and strong wind this week

The weather will change this week in Romania, the meteorologists forecasting low temperatures, rain and strong wind across the country until September 26. The National...

ING Bank Romania switches to a self-service business model in all branches

ING Bank Romania will close all the physical cash desks by October 29, as it plans to turn its local branches into self-service units,...

British alternative fund manager becomes Fondul Proprietatea’s biggest shareholder

Sanne Group, a British alternative asset manager that manages assets worth some GBP 200 billion (EUR 223 bln), has become the biggest shareholder of...

Which were the best-selling car brands in Romania in the first eight months?

Over 119,000 new vehicles were sold in Romania in the first eight months of 2018, up by 22% compared to the same period of...

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