The future owners have announced plans for improvements to the resort, with the goal of re-opening it as a luxurious 5-star property and welcoming its first guests in 2025.
The Top Employers Institute is an internationally recognized institution which surveys and independently audits companies' people practices based on top international standards.
Banks in Central Eastern South-Eastern Europe report improving trends, with credit demand remaining robust, particularly from companies, while banks anticipate improvement in credit supply following a period of contraction.
Romania's trade balance deficit (FOB/CIF) for January-November 2025 reached €29.77 billion, down €299.6 million (-1.0%) compared to the same period in 2024, according to data published by the National Institute of Statistics (INS).
The Romanian Chamber of Commerce and Industry (CCIR) has unanimously decided to support the free trade agreement between the EU and Mercosur, backing the decision made by the European Association of Chambers of Commerce (Eurochambres) at its November 2024 General Assembly.
Romania's Ministry of Finance has allocated over RON 3.8 billion (€760 million) to support public investments and clear arrears in key sectors including development, transport and agriculture.