Romania’s Competition Council has conditionally approved the transaction through which the Schwarz group, the owner of Lidl and Kaufland retail chains in Romania, takes over Romania’s La Cocos store chain, through the company Project Brazil Beta GmbH.
Romania Taps International Markets With Euro And US Dollar Bond Issuances Romania has mandated international banks for new issuances of external bonds denominated in euro and US dollar, for the purpose of funding the country’s budget deficit and refinancing public debt.
Metrorex plans expansion of subway network in western Bucharest The company managing the Bucharest subway network, Metrorex, has plans for the extension of the underground connections, with 8 new stations and 19 km of new subway line. Director general Mariana Micl?u? spoke to Arena Construc?iilor about the extension, noting that the documentation under (…)
Romania’s Government Adopts Administrative Reform And Economic Revival Packages Romania’s government adopted two emergency ordinances regarding the administrative reform and economic revival, Prime Minister Ilie Bolojan announced in a press conference held on Tuesday evening following a cabinet meeting.
Report: Romanians pay among the lowest taxes associated with a mortgage in Europe Home buyers in Bucharest pay among the lowest taxes and associated costs in Europe when purchasing a home through a mortgage loan, about EUR 2.500 for an average one-bedroom apartment, according to a market analysis issued by online broker Ipotecare.ro. The associated costs when buying a home (…)
Eurostat: Romania Posts Highest Annual Inflation Rate In The EU, Of 8.5%, In January 2026 Romania posted the highest annual inflation rate under the Harmonized Index of Consumer Prices (HICP), among European Union (EU) Member States, at 8.5%, in January 2026, data from the European statistical office Eurostat showed on Wednesday, February 25.
Where Fragrance Becomes Taste: Olfactory Dinner Experience at JORJ Restaurant On March 7th, JORJ Restaurant welcomes ladies with a new multisensory experience: the Olfactory Dinner Experience, an immersive evening that brings together the art of perfumery and the refinement of fine dining in a truly original format. The event proposes a carefully orchestrated journey (…)
Bucharest police rescue great crested grebe that fell into the snow A great crested grebe (Podiceps cristatus) was rescued by a local police officer in Bucharest after it fell into the snow in the yard of a local institution. The grebe, a protected species, most likely flew there from the nearby V?c?re?ti Delta. Due to its legs, which are positioned far towards (…)
