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Recent News

GTS Telecom to invest 3 million euros in data centers and portfolio diversification

GTS Telecom, one of the main IT&C service providers in Romania, will invest over 3 million euros in 2021 to consolidate its data centers...

Mainfreight opened a distribution hub in Timișoara Industrial Park (II)

The storage space was made available to its tenant at the end of last year in Timișoara Industrial Park. Mainfreight is currently carrying out...

Romanian PM: We expect public deficit under 7% of GDP this year

Romanian prime minister Florin Citu announced "good news" for the economy, including better than expected budget revenues supporting a more ambitious target of under...

Home sales in Bucharest hit record this March

The number of housing units sold in Bucharest hit the record level of 5,200 this March - not surprisingly well above the 3,300 in...

Constanta submits bid to become UNESCO World Book Capital in 2023

The City Hall of Constanta, on the Romanian Black Sea coast, announced that it submitted the application file for the 2023 title of UNESCO...

Aggreko delivers 43MW CHP solution for power plant in western Romania

Aggreko, a global supplier of mobile and modular power, temperature control and energy services, has installed a new Combined Heat and Power (CHP) solution...

EIB to lend 24 mln euro to Bucharest medical university

The European Investment Bank (EIB) said on Wednesday that it has agreed a new 24 million euro ($29 million) loan to enhance research activities...

This Romanian forest is said to be the most haunted in the world

The Hoia Baciu Forest from northern Transylvania is more than just haunted - it also carries with it a dark history that many people...

Romania’s inflation eases slightly to just over 3% in March

Romania's annual inflation rate slightly eased in March to 3.05% from 3.16% in February, the National Statistics Institute (INS) announced. The higher electricity price...

The first 60,000 doses Of Johnson&Johnson vaccine reached Romania

The first 60,000 doses of vaccine against Covid-19 produced by Johnson&Johnson have reached Romania on Wednesday morning, through the border checkpoint Nădlac II, according...