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Texworld Paris expands global sourcing

Texworld Paris expands global sourcing

From 15 to 17 September 2025, Texworld Apparel Sourcing Paris will return to the Paris-Le Bourget Exhibition Centre, gathering 1,300 textile and apparel manufacturers from over thirty countries. The 57th edition of the fair will once again...

EU’s Modernisation Fund disburses EUR 3.66 billion for clean energy projects in nine countries

EU’s Modernisation Fund disburses EUR 3.66 billion for clean energy projects in nine countries

The largest beneficiary of the latest disbursement is Poland, which will receive EUR 1.33 billion for its projects, followed by the Czech Republic, with EUR 1.05 billion, and Romania, with EUR 712.3 million. Hungary will get EUR 181.3 million,...

Romania steps into the big league of fintech - Best Credit IFN becomes the first Romanian NBFI to partner with Bondster

Romania steps into the big league of fintech - Best Credit IFN becomes the first Romanian NBFI to partner with Bondster

Best Credit IFN announces the strategic partnership with the European crowdfunding platform Bondster, becoming the first Romanian non-banking financial institution (NBFI) to attract international capital through this platform. This initial round...

VARD launches hybrid cable lay & construction vessel for Japanese offshore wind

VARD launches hybrid cable lay & construction vessel for Japanese offshore wind

Norwegian shipbuilder VARD has officially launched a state-of-the-art hybrid power cable lay and construction vessel for Japan’s Toyo Construction at its Romanian shipyard. This significant milestone follows the keel laying ceremony held in...

M&A market in Romania registered transactions worth EUR 2.7 bln in first half of 2025

M&A market in Romania registered transactions worth EUR 2.7 bln in first half of 2025

The Romanian mergers and acquisitions market registered a total of 122 announced transactions in the first half of 2025, with a value exceeding EUR 2.7 billion, marking a slight increase of 6% in volume and 4% in value compared to the same period...

Nine EU member states receive $4bn in total for energy-related projects

Nine EU member states receive $4bn in total for energy-related projects

The European Commission (EC) and the European Investment Bank have announced a disbursement of €3.66bn ($4bn) from the bloc’s Modernisation Fund to advance energy-related initiatives in nine EU member states. The funding will support the...

OMV Petrom discovers new natural gas reservoir in Spineni, Romania

OMV Petrom discovers new natural gas reservoir in Spineni, Romania

Romania-based OMV Petrom has discovered a new natural gas reservoir in Spineni, marking a notable development in Southeastern Europe's energy sector. Located approximately 70km north-east of the southwestern city of Craiova, the discovery was made...

Soft2Bet’s Don.ro signs multi-year deal as main sponsor of Romania's CFR Cluj

Soft2Bet’s Don.ro signs multi-year deal as main sponsor of Romania's CFR Cluj

Soft2Bet’s online gaming brand Don.ro has signed a multi-year deal to become the main sponsor of CFR 1907 Cluj, one of Romania’s top football clubs. Starting with the 2025-26 Liga 1 season, Don.ro’s logo will appear on CFR Cluj’s home and away...

Confident Agency becomes the first B Corp certified communication agency in Romania and CEE

Confident Agency becomes the first B Corp certified communication agency in Romania and CEE

Confident Agency, an independent full-service communications agency with offices in Bucharest and Barcelona, has achieved international B Corp Certification, becoming the first agency in Romania and in Central and Eastern Europe to join the global...

Romanian PM unveils fiscal package with VAT, fuel tax hikes to reduce deficit

Romanian PM unveils fiscal package with VAT, fuel tax hikes to reduce deficit

The Romanian government will implement tax hikes and spending reforms starting August 1 in an attempt to curb the growing budget deficit and avoid a looming financial crisis, prime minister Ilie Bolojan announced. The measures include increases in...

The EU has channelled €3.66 billion into cleaner energy projects across nine member states

The EU has channelled €3.66 billion into cleaner energy projects across nine member states

The funds will support 34 clean energy and infrastructure projects in nine EU Member States, marking the largest disbursement from the Fund since its launch in 2021. The latest financing round focuses on modernising energy systems, reducing...

Texworld & Apparel Sourcing Paris 2025 to host 1300+ global exhibitors

Texworld & Apparel Sourcing Paris 2025 to host 1300+ global exhibitors

From 15 to 17 September 2025, 1300 textile and apparel manufacturers from more than thirty countries are expected at the Paris-Le-Bourget Exhibition Center, for the 57th edition of Texworld Apparel Sourcing Paris – a key event for European and...

Netflix Promotes Łukasz Kłuskiewicz To Run TV & Movies Out Of CEE Region

Netflix Promotes Łukasz Kłuskiewicz To Run TV & Movies Out Of CEE Region

EXCLUSIVE: Netflix has promoted Łukasz Kłuskiewicz to run TV and movies in the Central and Eastern Europe (CEE) region. Kłuskiewicz is currently head of the CEE film and licensing team but will now oversee series and film production, licensing,...

VARD launches hybrid cable lay & construction vessel for Japanese offshore wind (Video)

VARD launches hybrid cable lay & construction vessel for Japanese offshore wind (Video)

Norwegian ship designer and shipbuilder VARD has launched the hybrid power cable lay and construction vessel it is building for the Japanese company Toyo Construction at its shipyard in Romania. Source: VARD via LinkedIn (Screenshot) VARD held the...

Mobexpert opens new 10,000 sqm hyperstore in eastern Bucharest

Mobexpert opens new 10,000 sqm hyperstore in eastern Bucharest

Mobexpert, one of Romania’s leading furniture and home décor retailers, has opened a new hyperstore in Bucharest, located on Theodor Pallady Boulevard. Construction of the new commercial center began in 2024, and the showroom officially opened to...

Djedovic Handanovic: Serbia preparing gas interconnector projects with Romania, N Macedonia

Djedovic Handanovic: Serbia preparing gas interconnector projects with Romania, N Macedonia

BELGRADE - Serbia's Minister of Mining and Energy Dubravka Djedovic Handanovic said on Friday projects to build gas interconnectors with Romania and North Macedonia were under preparation and noted that having alternative oil and gas supply routes...

Netflix Promotes Lukasz Kluskiewicz To Run TV & Movies Out Of CEE Region

Netflix Promotes Lukasz Kluskiewicz To Run TV & Movies Out Of CEE Region

EXCLUSIVE: Netflix has promoted Łukasz Kłuskiewicz to run TV and movies in the Central and Eastern Europe (CEE) region. Kłuskiewicz is currently head of the CEE film and licensing team but will now oversee series and film production, licensing,...

Media Review: July 7

Media Review: July 7

The topic of Bulgaria joining the eurozone dominates Monday's news media. ECONOMY 24 Chasa's front-page story reads that because of the upcoming entry in the eurozone, banks in Bulgaria are reducing fees as early as in July to make the transition...

Tourist is dragged into a ravine and killed by bear after posing for selfie with its cub in Romania

Tourist is dragged into a ravine and killed by bear after posing for selfie with its cub in Romania

A motorcyclist was mauled to death by a bear in Romania on Thursday after posing for a selfie with its cub. Italian tourist Omar Farang Zin, 49, was riding on his motorbike along the Carpathian Mountains in the central region of Arges when a...

Rezolv Energy and SCION Launch Nature and CleanTech Accelerator for Early-Stage Ventures in Bulgaria and Romania

Rezolv Energy and SCION Launch Nature and CleanTech Accelerator for Early-Stage Ventures in Bulgaria and Romania

Rezolv Energy and SCION launched the SCION Accelerator, a 10-week programme to support early-stage teams working at the intersection of ecology, science and scalable technology in Bulgaria and Romania. The initiative is among the first to be...

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