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.
The annual inflation rate, measured by the Consumer Price Index (CPI), reached 9.8% in October 2025, according to the National Institute of Statistics.
Romania is reporting a substantial 20% growth in the digitalisation of its local and national public administration, a figure that is double the European average.
Romanian hydroelectricity producer Hidroelectrica has selected the contractor for the overhaul of three pumping stations in the country.
Wonderful, the enterprise agent platform builder, announced a $100 million Series A funding round on November 11. The round was led by Index Ventures, with participation from Insight Partners and IVP, alongside existing investors Bessemer and Vine Ventures.
Transavia, Romania's largest poultry market player, is making a major strategic expansion with a €150 million investment to launch a new pet food production division.