Three out of four Romanians traveling abroad this summer have chosen Greece, Bulgaria, Turkey, or Italy as their destination, finds a recent CEC Bank survey.
Travel tech company FlixBus is adding new international coach connections from Romania to Greece and bolstering existing routes to Bulgaria.
The record compensation of €45,000 (over RON 220,000) was awarded to an insured who had a UNIQA travel insurance policy.
A percent of 66.8% of Romanians are willing to take off from work or studies and travel without knowing the exact destinations they will be visiting.
This practice is also especially popular among Hungarians and Poles (84% and 80% indications respectively).
Europeans are confident about their travel spending power in 2024 despite the ongoing cost of living pressure across the continent.
Raiffeisen Bank has reached an agreement to acquire 100% of the shares in Garanti BBVA Group Romania, including Garanti Bank and leasing unit Motoractive IFN, from subsidiaries of Banco Bilbao Vizcaya Argentaria.
Etem Gestamp, the Sofia-based joint venture between Viohalco Group and Spain's Gestamp Group, has signed a 10-year virtual power purchase agreement (VPPA) with Rezolv Energy, the Actis-backed independent power producer.
Electrica's Board of Directors has approved new four-year mandates for its top executive leadership following a meeting on 27 March.
JTI announced a €300 million investment to build a new factory in Ștefăneștii de Jos, Ilfov County.
Parapet, an EPC contractor in the renewable energy sector, has appointed Roxana Gureanu as CEO, as the company experiences rapid growth and international expansion.