Transilvania Investments Alliance has carried out a portfolio optimization operation by transferring its 91.87% stake in the company Tratament Balnear Buziaș (BALN) to Eagle Properties, an entity where it also holds control…
The Federation of Romanian Tourism Employers (FPTR) has officially requested the Government to maintain and recalibrate the holiday voucher system, arguing that these represent an essential tool for stimulating domestic tourism and…
Popeyes is strengthening its presence on the local market by opening its second restaurant in Cluj-Napoca, scheduled for March 31. This expansion, following the recent inauguration of the first unit in Suceava,…
The municipality of Reghin is set to host a new large-scale multifunctional center, a real estate project with a height regime of 2B+GF+10 floors, located at the intersection of Unirii Boulevard and…
One United Properties is transforming the former Ford factory within the One Floreasca City development into a mixed-use space named One Gallery, with its opening scheduled for the fourth quarter of 2026.…
Sphera Franchise Group (SFG), the largest food service group in Romania, aims for an increase in financial performance for 2026, supported by an aggressive expansion strategy and rigorous cost management. After a…
The Bucharest hotel market is feeling the effects of geopolitical instability in the Middle East, reporting an increase in booking cancellations that puts pressure on operational performance. In this context, Hilton Garden…
The Ministry of Transport and Infrastructure issued on Friday, March 27, 2026, the final construction permit for the Cluj – Oradea – Episcopia Bihor railway line, a strategic project valued at over…
The Mayor of Reșița, Ioan Popa, announced the launch of works for the development of the Semenic tourist area, an infrastructure project valued at approximately €43.9 million. The investment aims to transform…
Starbucks has reduced its presence in Bucharest’s historic center by closing two flagship locations, amid a 90% drop in net profit for 2024. The financial results of the operator AmRest Coffee SRL…