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  • Bucharest gets ready for extremely hot summer days
    by Irina Marica on June 23, 2017 at 11:56 am

    The National Administration of Meteorology issued a warning of increased atmospheric instability and thermal discomfort on Thursday, June 22, which is valid until Saturday morning, 04:00. Besides rain in regions such as Maramures, Transylvania, Crisana, Banat, and Moldova, as well as in the hill and mountain areas, the warning also announced high temperatures and thermal The post Bucharest gets ready for extremely hot summer days appeared first on Romania Insider. […]

  • Shorter upgrade works at Bucharest subway stations in office areas
    by Ro Insider on June 23, 2017 at 11:50 am

    Those working in Bucharest’s northern office areas will have to do without subway transport for a shorter period than initially announced. The time for the modernization works at the capital’s subway stations with only one access will be shortened from seven to four days, the Bucharest subway operator Metrorex announced. At the same time, two The post Shorter upgrade works at Bucharest subway stations in office areas appeared first on Romania Insider. […]

  • Romanian geo-park proposed for inclusion in UNESCO global sites network
    by Ro Insider on June 23, 2017 at 11:45 am

    The Romanian Parliament’s UNESCO commission is trying to identify ways to support the Tinutul Buzaului (Buzau Land) geo-park’s inclusion in the UNESCO global sites network, Agerpres reported. Buzau is a region in Eastern Romania that has tourist attractions such as the Muddy Volcanoes, the cave settlements in Bozioru, the Eternal Fires in Lopatari, the salt plateau ‘Buzau’s The post Romanian geo-park proposed for inclusion in UNESCO global sites network appeared first on Romania Insider. […]

  • Western Romania city, first in the country to issue company operation licenses online
    by Ro Insider on June 23, 2017 at 11:40 am

    The City Hall of Cluj-Napoca, in western Romania, will be the first one in the country to start issuing company operation license agreements online. Some 10,000 companies are expected to benefit from the new system. Earlier this year, the Cluj-Napoca City Hall announced it started issuing town planning documents in an electronic format, again a The post Western Romania city, first in the country to issue company operation licenses online appeared first on Romania Insider. […]

  • Romania wants to sell treasury certificates to individuals directly
    by Romania Insider on June 23, 2017 at 11:30 am

    Romania’s Finance Ministry has come up with a new program to borrow money directly from the population. The program called Tezaur is part of the new strategy to manage the public debt between 2017 and 2019. “In order to increase individuals’ accessibility purchasing government securities, we will introduce the Tezaur program, allowing the population to The post Romania wants to sell treasury certificates to individuals directly appeared first on Romania Insider. […]

  • Bucharest City Hall registers its first five companies
    by Romania Insider on June 23, 2017 at 11:30 am

    The first five companies controlled by the Bucharest City Hall through its General Council officially registered at The National Trade Register Office and the Finance Ministry. The companies are part of the municipal holding called the “Bucharest-European capital”. This includes 21 companies, whose single shareholder will be the Bucharest General Council. Each of these five The post Bucharest City Hall registers its first five companies appeared first on Romania Insider. […]

  • Independent broker withdraws from capital market
    by Romania Insider on June 23, 2017 at 10:30 am

    Intercapital Invest, one of the largest independent brokerage companies in Romania, announced that it would withdraw from the capital market. It recommended its customers to transfer their accounts to Tradeville, after signing a partnership with the company. Intercapital is more than 20 years old. “The main shareholders of Intercapital Invest took the decision to focus The post Independent broker withdraws from capital market appeared first on Romania Insider. […]

  • Romanian state-owned bank sells EUR 118 mln bad loans to Kruk
    by Romania Insider on June 23, 2017 at 10:30 am

    State-owned bank CEC Bank, the sixth largest local lender based on its assets, recently sold a package of non-performing consumer loans and credit cards at an 83% discount. CEC Bank received EUR 20.4 million for the package which had gross value of about EUR 120 million, reports local Ziarul Financiar. The buyer was the Polish The post Romanian state-owned bank sells EUR 118 mln bad loans to Kruk appeared first on Romania Insider. […]

  • Some 4,000 Bucharest apartments to get free thermal rehabilitation
    by Romania Insider on June 23, 2017 at 9:30 am

    A number of 67 residential buildings in Bucharest, with 3,761 apartments, will receive free thermal rehabilitation. The apartment buildings, located in Bucharest’s District 3, will benefit from funds through the 2014-2020 Operational Regional Programme (POR), reports local Wall-street.ro. This will lead to lower energy consumption and smaller heating costs for building inhabitants. The project will The post Some 4,000 Bucharest apartments to get free thermal rehabilitation appeared first on Romania Insider. […]

  • Owner of Romanian tourism group Eurolines negotiates Happy Tour takeover
    by Romania Insider on June 23, 2017 at 9:30 am

    Dragos Anastasiu, the owner of the Eurolines group, told local Profit.ro that he was interested in buying competitor Happy Tour, one of the largest tourism agencies in Romania. Anastasiu is currently negotiating with the company’s owner, the Spanish investment fund GED. The Romanian investor wants to develop the business within its group. “Happy Tour is The post Owner of Romanian tourism group Eurolines negotiates Happy Tour takeover appeared first on Romania Insider. […]

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Romania-Insider.com is the most read new & features website in English for Romania.

The team of senior journalists provide fresh news on business, politics, social, entertainment, events, as well as interviews and expat profiles, practical features about life in Romania. 

A daily & weekly newsletter for which you can sign up here will offer a selection of stories we publish on our website, while our press review reports in English are a must for a more thorough view of the local market – read more here

Romania-Insider.com is published by City Compass Media, which also runs CityCompass.ro, as well as the print and digital annual guide City Compass Romania: Bucharest & Beyond, and events for the international community. 

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