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…
The “Via Subcarpatica” project, a regional slow tourism initiative developed by Professor Marian Găloiu, aims to connect the Curvature Subcarpathians through a coherent route between Buzău and Vrancea counties. The route, linking…
Turkish Airlines is inaugurating the direct Timișoara-Istanbul route this week, with the first flight scheduled for Wednesday. This air connection facilitates the Banat region’s access to one of the world’s largest aviation…
The Springtime restaurant chain has reopened its unit in the Universitate area, located on Academiei Street, a landmark for the network in the 2000s. The venue was closed for several years for…
The “Suta de Movile” (Hundred Mounds) landscape reserve, located in northern Moldova, is a geological site of European significance, covering approximately 1,600 hectares. Despite its symbolic name, the area contains over 3,500…
Major Occupancy Drop at TTS Covasna Hotel in March The four-star TTS Covasna hotel, controlled by businessman Mircea Mihăilescu, recorded a significant decrease in its average occupancy rate in March, reaching 25%,…
The hotel industry is undergoing a major structural shift through the transition to conversational commerce and the redefinition of the role of revenue management. The launch of the first direct booking application…
Therme Group: Polycentric Strategy and Global Expansion Robert Hanea, CEO of Therme Group, emphasized at the Economist Romania Government Roundtable 2026 conference the need for European companies to adopt polycentric business models…
Oradea City Hall has launched the tender in the Electronic Public Procurement System (SEAP) for the development of the Ioșia thermal garden, an investment estimated at €28.91 million, excluding VAT. The project…
€76.2 Million for Romania-Republic of Moldova Projects The Interreg VI-A NEXT Romania-Republic of Moldova 2021-2027 Program has entered an advanced stage of execution, currently mobilizing total investments of €76.2 million through 88…